Mexico: change in construction labor costs 2002-2023

Published by
Fernando de Querol Cumbrera,
Nov 18, 2024

In 2023, construction labor costs in Mexico increased by 8.4 percent. The cost of labor, along with that of construction materials, machinery, and the price of land constitute some of the main elements that determine the price of a construction project.

Change of construction labor costs in Mexico from 2002 to 2023

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Sources

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Release date

November 2024

Region

Mexico

Survey time period

2002 to 2023

Supplementary notes

Various sources include Banco de México, Conasami, INEGI, IMSS, Infonavit, and Fovissste.
Figures were compiled from several editions of the report.

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