Cost of Living in Mexico

If you've ever considered moving to Mexico, one of the first questions that likely crossed your mind is, "What is the cost of living in Mexico?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Mexico and whether the reported $1311 per month figure aligns with the average monthly salary of $627.01.

Restaurants
Markets
Transportation
Childcare
Clothing
Rent Per Month
Buy Apartment
Salaries
Mexico
restaurant

Restaurants

Price

World Range

Meal, Inexpensive Restaurant

7.32 $

Meal for 2 People, Mid-range Restaurant, Three-course

29.3 $

McMeal at McDonalds (or Equivalent Combo Meal)

5.86 $

Domestic Beer (1 pint draught)

1.9 $

Imported Beer (12 oz small bottle)

3.17 $

Cappuccino (regular)

2.38 $

Coke/Pepsi (12 oz small bottle)

0.9 $

Water (12 oz small bottle)

0.66 $

store

Markets

Price

World Range

Milk (regular), (1 gallon)

1.11 $

Loaf of Fresh White Bread (1 lb)

1.76 $

Rice (white), (1 lb)

1.32 $

Eggs (regular) (12)

1.65 $

Local Cheese (1 lb)

6.23 $

Chicken Fillets (1 lb)

5.55 $

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

8.83 $

Apples (1 lb)

2.37 $

Banana (1 lb)

1.1 $

Oranges (1 lb)

1.12 $

Tomato (1 lb)

1.23 $

Potato (1 lb)

1.3 $

Onion (1 lb)

1.21 $

Lettuce (1 head)

0.84 $

Water (1.5 liter bottle)

0.78 $

Bottle of Wine (Mid-Range)

9.77 $

Domestic Beer (0.5 liter bottle)

1.17 $

Imported Beer (12 oz small bottle)

2.11 $

Cigarettes 20 Pack (Marlboro)

3.22 $

commute

Transportation

Price

World Range

One-way Ticket (Local Transport)

0.49 $

Monthly Pass (Regular Price)

17.09 $

Taxi Start (Normal Tariff)

1.95 $

Taxi 1 mile (Normal Tariff)

0.98 $

Taxi 1hour Waiting (Normal Tariff)

7.32 $

Gasoline (1 gallon)

1.09 $

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

17090.93 $

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

17736.25 $

mark_as_unread

Utilities (Monthly)

Price

World Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

50.84 $

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.07 $

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

25.47 $

kitesurfing

Sports And Leisure

Price

World Range

Fitness Club, Monthly Fee for 1 Adult

29.16 $

Tennis Court Rent (1 Hour on Weekend)

12.98 $

Cinema, International Release, 1 Seat

3.91 $

child_friendly

Childcare

Price

World Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

180.79 $

International Primary School, Yearly for 1 Child

3790.89 $

checkroom

Clothing And Shoes

Price

World Range

1 Pair of Jeans (Levis 501 Or Similar)

41.66 $

1 Summer Dress in a Chain Store (Zara, H&M, ...)

32.2 $

1 Pair of Nike Running Shoes (Mid-Range)

72.64 $

1 Pair of Men Leather Business Shoes

65.75 $

night_shelter

Rent Per Month

Price

World Range

Apartment (1 bedroom) in City Centre

445.99 $

Apartment (1 bedroom) Outside of Centre

270.78 $

Apartment (3 bedrooms) in City Centre

785.24 $

Apartment (3 bedrooms) Outside of Centre

560.4 $

home

Buy Apartment Price

Price

World Range

Price per Square Feet to Buy Apartment in City Centre

1240.09 $

Price per Square Feet to Buy Apartment Outside of Centre

890.22 $

account_balance_wallet

Salaries And Financing

Price

World Range

Average Monthly Net Salary (After Tax)

627.01 $

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

11.01 %

Mexico

How Safe Is Mexico for Travel?
Warnings & Dangers in Mexico

OVERALL RISK: MEDIUM

The U.S. Government advises people to "reconsider travel" to Mexico, which is the third-highest of four levels of danger.Covid-19, as well as a rise in crime and kidnappings, are the major reasons.Like many countries, some areas are safer than others.Major tourist areas are generally safe.The overall crime rate per thousand people is actually higher in the United States than in Mexico.

TRANSPORT & TAXIS RISK: LOW

You need to use some common sense.Don't accept rides from independent drivers.Ride only in approved or licensed taxis, which are labeled.Get your hotel to call a taxi for you, instead of hailing one on the street.Public transportation is safe but can be crowded and uncomfortable.Generally, it is much safer than renting a car and driving yourself.

PICKPOCKETS RISK: HIGH

This is especially true in tourist areas, where people look for easy targets.Try not to look like a tourist.Don't flash your money or expensive electronics around in public. Keep your valuables locked up and carry as little cash as possible.Keep your papers and wallet safe.Tourist areas and large cities are the worst.

NATURAL DISASTERS RISK: LOW

There have been earthquakes in mountainous areas, as well as hurricanes along the coast, but it is rare to have a major disaster in Mexico.Keep an eye on weather forecasts as you would at home.The infrastructure in Mexico is not that great, so if there is one, it may be worse than if you were at home. Even so, they are rare here.

MUGGING RISK: MEDIUM

Robberies and muggings are on the rise in certain areas.Even so, tourist areas are generally safe during the daytime, as is most of the country.If you stay at a resort in a tourist area, your risk is very low.If you are out at night by yourself in a city, your risk increases dramatically, just as it would in the United States.

TERRORISM RISK: LOW

According to U.S. Govt reports, there is no evidence of foreign terror groups having a base in Mexico or working with drug cartels.There have been very few incidents of terrorism in recent years and those were isolated cases.While terrorism could happen anywhere, there seems to be little risk of it happening in Mexico.

SCAMS RISK: HIGH

Especially in tourist areas, scammers are on the prowl looking for a victim.Fake taxis, fake tour operators, souvenirs, and timeshares seem to be the most common scams.One very common scam is for restaurants to have a different menu and prices for tourists than what locals get.You won't get much help from the police if you are scammed, so you need to be careful.

WOMEN TRAVELERS RISK: LOW

We say low because it really is not any different than in the United States.If you stay in tourist areas, use some common sense - don't go out at night alone - there is little danger.There have been some kidnappings, so that could be a danger.It is not good for a woman to be away from tourist areas alone for that reason.

TAP WATER RISK: HIGH

 "Montezuma's Revenge," causes most tourists who drink water to get sick for a day or two.Some are just different minerals that you could get used to. Water is contaminated in many areas, however. Ice at a restaurant may come from tap water.You will get sick from tap water, but it is not fatal or serious in most cases.

Useful Information & Tips
credit_card

Visas

You do not need a visa to travel to Mexico.A regular passport is all you need.If you are on a cruise ship that leaves and returns to the USA, you won't even need a passport. It takes 8-10 weeks to get a passport once you have applied.The passport costs $110, but you can get a passport card for a short-term visit for $30.

currency_exchange

Currency

The Peso is used in Mexico, and the exchange rate can change daily.The best place to make the exchange is at a bank, or at an ATM.You may also make the exchange at airports.Mexicans love to have U.S. Dollars, so take some and use them judiciously.Avoid changing money on the street as that can be a scam.

cloudy_snowing

Weather

Mexico is a big country, so the weather is as diverse as it is in the United States.In the south, it is hot all the time in a Caribbean-type ecosystem.It can get cold at night in the high mountains around Mexico City any time of year. Light, loose-fitting clothing is best in summer, but bring some warm clothes if you head to the mountains.

flight_takeoff

Airports

Major cities have big airports, and some relatively small cities have them.If you are not on a cruise ship, flying is the best way to get to Mexico.The airport has taxis that will take you to town or where you need to go.Use official taxis, as there are fake ones at times.

health_and_safety

Travel Insurance

Part of the fun of traveling is not knowing what will happen.Bad things do happen at times though, so it is a good idea to get some travel insurance.This can help you if you have a sudden change of plans, or if you get injured while in Mexico.It will give you some peace of mind as you explore and find new adventures.