Cost of living in Miguel Hidalgo
Miguel Hidalgo, a vibrant district in Mexico City, offers a unique blend of cultural richness and modern living. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses, from dining and groceries to housing and transportation, helping you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $29.81.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $77, with prices ranging from $64.58 to $89.42.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.45.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.24 to $2.98, imported beer $4.47 to $6.46, cappuccino $4.47, and Coke/Pepsi $0.89.
Grocery Prices
- Milk - Milk is priced at $1.49 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $2.73.
- Eggs (Dozen) - A dozen eggs average $2.92.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.73 per kg, while oranges are $1.49 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes and onions are priced at $1.49 per kg, and lettuce costs $1.24 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.3.
- Fuel (Gasoline) - Gasoline is priced at $1.24 per liter.
- Taxi Fares - Taxi fares start at $0.79.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $695.5 to $993.57, averaging $844.54.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $447.11 to $1241.96, averaging $811.42.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1241.96 to $1987.14, averaging $1614.55.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $993.57 to $2483.93, averaging $1655.95.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $2483.93.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $2086.5.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $21.11 and $34.77, averaging $27.94.
- Internet - Internet services range from $22.36 to $34.77, with an average cost of $28.57.
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"
Miguel Hidalgo offers a relatively affordable cost of living compared to other major cities, with reasonable prices for dining and groceries.
Housing costs vary significantly depending on location, with city centre apartments being more expensive.
Transportation is notably affordable, making it easy to navigate the city without a personal vehicle.
Conclusion
In conclusion, Miguel Hidalgo presents a balanced cost of living, making it an attractive option for those seeking a vibrant urban lifestyle without the high costs associated with other metropolitan areas.
Whether you're considering a move or planning a visit, understanding these expenses will help you manage your budget effectively.