A recent whitepaper from Nearshore Americas puts some hard numbers on one of the traditional nearshore advantages that Mexico offers tech companies. While the talent gap is no longer substantial between developers north and south of the border, the wage gap certainly is.

One great example comes from comparing Austin, Texas, and Mexico City. The difference is highlighted in the report, entitled “Mexico: Nearshore Leadership Amid Shifting Realities,” which is based by wage research done last year.

“In 2015, the average front-end developer earned $64,353 a year in Austin, Texas, while in Mexico City the average front-end earned $21,895.” states the report. “There is a larger wage advantage for back-end developers: In Austin the average back-end developers earns $91,440 and in Mexico City the average back-end developer earns $21,529.”

Charts offer a visible depiction of the difference.

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And it isn’t just Austin.

Mexico still compares favorably even against other markets in Latin America. According to Nearshore Americas research, project managers make less in Mexico City than in Lima, Buenos Aires, or San Jose, Costa Rica. And when it comes to front-end developers, only Lima offers a better value.

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