Cost of living in Puerto Morelos
Puerto Morelos, a charming coastal town in Mexico, offers a unique blend of tranquility and vibrant local culture. Understanding the cost of living here is crucial for anyone considering relocation or extended stays.
This guide provides an overview of the expenses you can expect, from dining and housing to utilities and transportation, helping you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Mid-Range Restaurant (Three-Course Meal for Two) - For a three-course meal for two at a mid-range restaurant, you can expect to pay around $44.89.
Salaries and Financing
- Mortgage Interest Rate - The average mortgage interest rate for a 20-year fixed-rate loan is approximately 11%.
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
Restaurants
Restaurants
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Puerto Morelos offers a relatively affordable dining experience at mid-range restaurants, with a three-course meal for two costing around $44.89.
The mortgage interest rate is notably high at 11%, which is an important consideration for those looking to purchase property in the area.
Conclusion
Puerto Morelos presents a cost of living that balances affordability with the charm of a coastal lifestyle. While dining costs are reasonable, potential homeowners should be mindful of the higher mortgage interest rates.
Overall, Puerto Morelos is an attractive option for those seeking a peaceful yet vibrant living environment in Mexico.
Nearby Cities
All cities in Mexico