Settling In - Cost of Living

The basic cost of living in Mexico is lower than in the U.S., Canada or Europe, particularly for items such as fruits, vegetables, meat, poultry, fish, baked goods and other miscellaneous grocery items.

The cost of local and national public transportation is generally lower than in the U.S. and continental Europe, and much lower than in the UK. For example, the cost of a subway ride is around $5.00 pesos and a rechargeable card is around $15.00 pesos.

Utilities are more expensive in Mexico. Prices for electricity are high compared with U.S. and even European prices, mainly due to the lack of competition. Telephone services, both landlines and cell phones, are priced higher than the U.S. and Europe. You may spend around $500 pesos for your mobile phone; Telmex, the national telephone company, dominates the market for landlines. They have packages and special promotions for  Internet and  phone services.

The cost of food will depend on whether you grocery shop and cook at home or prefer to eat out often. If you eat at home you may spend between $500 - $800 pesos per week. If you eat out, you may spend between $200 - $350 pesos per day.

If you like to go out, you might spend around $300-$600 pesos per week.  Movies are cheaper in Mexico than in the U.S. The cost is around $90 pesos and a restaurant in Condesa will cost you around $350- $500 pesos per person.

Rents in Mexico tend to be higher than in equivalent-sized U.S. towns or cities if the place is popular or fashionable. For example, if you want to live in Condesa your rent will be around $18,000 and $23,000 pesos.

To learn more about the cost of living in Mexico City, you may visit the following website.