Most teams know “LATAM is cheaper” for engineers.
Very few know how much or compared to what.
I just published a breakdown of average hourly rates for mid–senior software engineers hired through local providers in:
🇺🇸 US · 🇬🇧 UK · 🇨🇦 Canada · 🇪🇸 Spain · 🌎 LATAM
Where the biggest savings actually are (up to ~60% vs US)
How Spain and Eastern Europe compare to LATAM
When it doesn’t make sense to move roles to LATAM
If you’re planning your 2026 hiring strategy, this might change how you think about your team mix.
How Much Does It Really Cost to Hire Software Engineers? A Comparison of the US, UK, Canada, Spain, Eastern Europe, and LATAM (2025)
A lot of startups assume that hiring outside their home country “doesn’t change the cost that much,” or that LATAM is just “cheaper” without really understanding how much and where the savings actually are.At Tenmás, we’ve spent the last couple of years helping companies in the US, Canada, and Spain build engineering teams with talent based in Latin America. The same question keeps coming up:“How much will I actually save if I hire in LATAM?”To answer that, we looked at the average hourly cost o
