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.
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 cell phone; Telmex, the national telephone company, dominates the market. 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 $150 - $300 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 $75 pesos and a restaurant in the Condesa will cost you around $250- $350 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 $15,000 and $20,000 pesos.