Cost of living in Taxco
Taxco, a picturesque city in Mexico, is known for its rich history and vibrant culture. Understanding the cost of living here is crucial for anyone considering relocating or visiting.
This guide provides a detailed breakdown of expenses in Taxco, covering dining, groceries, transportation, housing, and utilities, 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 $7.34 on average, with a range between $4.16 and $24.48.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $29.37, with prices ranging from $24.48 to $73.43.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.34, with a range between $7.1 and $7.59.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.98 to $2.94, imported beer $2.45 to $4.9, cappuccino $1.96 to $4.16, and Coke/Pepsi $0.73 to $2.45.
Grocery Prices
- Milk - Milk is priced between $1.13 and $1.57 per liter, averaging $1.36.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.96 and $4.8, with an average price of $2.46.
- Eggs (Dozen) - A dozen eggs range from $1.36 to $4.41, averaging $2.41.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.73 to $2.94 per kg, while oranges range from $0.73 to $2.45 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.98 and $2.06 per kg, and lettuce costs $0.73 to $1.47 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.08 and $1.18 per liter.
- Taxi Fares - Taxi fares start at $1.96, with a cost of $0.98 to $2.45 per km and $9.79 to $18.6 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not available.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not available.
- 3-Bedroom Apartment Rent (City Centre) - Data not available.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not available.
- Buying Price per Square Meter (City Centre) - Data not available.
- Buying Price per Square Meter (Outside Centre) - Data not available.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $24.48 and $73.43, averaging $54.66.
- Internet - Internet services range from $22.03 to $48.95, with an average cost of $34.67.
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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"Key Takeaways"
Taxco offers a relatively affordable cost of living, especially in dining and grocery expenses.
Transportation costs are moderate, with gasoline prices being quite reasonable.
Housing data is not available, but utility costs are low, making it potentially affordable for residents.
Conclusion
In conclusion, Taxco presents a cost-effective living environment with affordable dining and grocery options.
While housing data is lacking, the low utility costs suggest that living in Taxco could be economical.
Potential residents should consider these factors when planning a move to this charming Mexican city.