How many Mexican pesos would one have to?

Question

have to be considered wealthy in Mexico? I know the conversion rate is 10 to 1, but what is considered "rich" in Mexico?

Answer 1

you have no idea how mucho millions of dollars those drug cartels get, they basacly wipe their asses whith money,  but i dont support drugs or cartels and i think mexico gov should get rid of them.

Answer 2

The minimum wage in Mexico is, at it's highest, 51 pesos a day, and remember, that varies depending on what "zone" you  live in. That's about $5.10 a day , so considering that most states in the U.S have a minim wage of $6.00 AN HOUR, that person would be considered, "upper middle class" in Mexico. Now, off course , like in any part of the world, to be considered wealth or rich you would have to have a salary of a large amount of money. In Mexico though, with a salary of at least $5,000 a month, your bound to have a big house and nice things. Doesn't really matter now though because the dollar is weaking and 10 pesos isn't really worth much in mexico,   an ipod for example costs $5,000 PESOS, around $500.00