🇲🇽Cost of Living in Mexico
Compare the cost of living across 3 cities in Mexico.
The cost of living in Mexico is tracked across 3 cities, with an average cost of living index of 33 out of 100, where New York City scores 100. Monterrey is the most expensive city and Guadalajara the most affordable. Explore each city below for a full cost breakdown.
Estimated monthly budget in Mexico
Typical total monthly cost by household type.
Estimates based on the average cost of living in Mexico, scaled by household size. Actual costs vary with lifestyle, neighbourhood and housing.
Mexico City
One of the world's largest metropolitan areas with a rich cultural heritage, vibrant food scene, and growing digital nomad community. Living costs are remarkably low compared to US and European cities.
Cost Index
32
Monthly Cost
$1,450
Guadalajara
Mexico's second-largest city and the capital of Jalisco, Guadalajara is the birthplace of mariachi music and tequila. Its thriving tech industry, pleasant year-round climate, and rich cultural traditions attract a growing number of digital nomads and entrepreneurs.
Cost Index
32
Monthly Cost
$1,200
Monterrey
Mexico's industrial powerhouse and third-largest metro area, Monterrey sits dramatically at the foot of the Sierra Madre mountains in the north. Its strong business culture, proximity to the US border, and high concentration of universities and corporations drive a relatively prosperous economy.
Cost Index
34
Monthly Cost
$1,350
Frequently asked questions about the cost of living in Mexico
What is the cost of living in Mexico?
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Data & sources
As an independent cross-check, the World Bank puts the overall price level in Mexico at 59 relative to the United States (=100) in 2024. View source
Cost figures on this site are independent estimates, cross-referenced with public data sources including World Bank, Numbeo, Eurostat, OECD.