Cost of living in Ixtapa
Ixtapa, a beautiful coastal city in Mexico, is known for its stunning beaches and vibrant culture. Understanding the cost of living here is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, helping you budget effectively for life in Ixtapa.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $9.77 on average, with a range between $6.35 and $19.55.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $39.09, with prices ranging from $24.43 to $83.07.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.33, with a range between $6.35 and $9.77.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.22 to $3.91, imported beer $2.44 to $5.86, cappuccino $1.22 to $4.89, and Coke/Pepsi $0.78 to $2.69.
Grocery Prices
- Milk - Milk is priced between $0.93 and $2.44 per liter, averaging $1.28.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.98 and $4.15, with an average price of $2.41.
- Eggs (Dozen) - A dozen eggs range from $1.17 to $3.52, averaging $1.93.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.98 to $3.91 per kg, while oranges range from $0.73 to $5.39 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.73 and $2.22 per kg, and lettuce costs $0.63 to $1.71 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.12 and $1.27 per liter.
- Taxi Fares - Taxi fares start at $1.47, with a cost of $1.22 to $3.04 per km and $3.91 to $14.66 per hour of waiting.
Housing Costs
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is not specified in the data provided.
- Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the city centre is not specified in the data provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $24.43 and $146.59, averaging $32.4.
- Internet - Internet services range from $19.55 to $43.98, with an average cost of $25.08.
Cost of Living Rankings
The cost of living indices for Mexico are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Mexico, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Salaries And Financing
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"Key Takeaways"
Ixtapa offers a relatively affordable cost of living, especially in terms of dining and grocery prices. However, transportation costs can vary, particularly with taxi fares.
Utilities are quite affordable, making it easier to manage monthly expenses. While housing purchase prices are not detailed, renting or buying in Ixtapa could be a cost-effective choice compared to larger cities.
Conclusion
In conclusion, Ixtapa presents a balanced cost of living with affordable dining and grocery options. While transportation costs can fluctuate, the overall expenses remain manageable.
For those considering a move to Ixtapa, understanding these costs can help in planning a budget that accommodates both daily needs and leisure activities.