Cost of Living Rankings in Mexico

Compare cities by Cost of Living metrics and find the best places to live

Worldwide
Mexico
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.
Highest to LowestUpdated: Oct, 2025
Monterrey
1

Monterrey

#1 in Cost of Living(#207 worldwide)

Monterrey offers a relatively affordable cost of living compared to many 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 economical, especially for public transit, making it a cost-effective option for daily commuting.

Queretaro (Santiago de Querétaro)
2

Queretaro (Santiago de Querétaro)

#2 in Cost of Living(#234 worldwide)

Queretaro offers a relatively affordable cost of living compared to many other cities, with reasonable prices for dining, groceries, and transportation. Housing costs vary significantly depending on location, with city centre apartments being more expensive than those outside the centre. Utilities and internet services are moderately priced, contributing to the overall affordability of living in Queretaro.

Mexico City
3

Mexico City

#3 in Cost of Living(#236 worldwide)

Mexico City offers a relatively affordable cost of living compared to many major global cities. Dining out can be economical, especially at local eateries. Housing costs vary significantly between the city centre and the outskirts, providing options for different budgets. Public transportation is very affordable, making it a cost-effective option for getting around the city.

Merida
4

Merida

#4 in Cost of Living(#252 worldwide)

Merida offers a relatively affordable cost of living compared to many Western cities, with reasonable prices for dining and groceries. Housing costs vary significantly depending on location, with city centre apartments being more expensive than those outside the centre. Transportation is economical, especially public transport, making it easy to navigate the city without a car.

Guadalajara
5

Guadalajara

#5 in Cost of Living(#260 worldwide)

Guadalajara offers a relatively affordable cost of living compared to many other major cities. Dining out is reasonably priced, and public transportation is economical. Housing costs vary significantly depending on the location, with city centre apartments being more expensive than those outside the centre. Utilities and internet services are quite affordable, making Guadalajara an attractive option for those looking to balance cost with quality of life.