Cost of living in Tepic
Tepic, the capital city of the state of Nayarit in Mexico, offers a unique blend of cultural heritage and modern living. Understanding the cost of living in Tepic is crucial for anyone considering relocating or planning an extended stay in this vibrant city.
This guide provides a detailed breakdown of the various expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $6.46 on average, with a range between $4.97 and $17.39.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $39.74, with prices ranging from $29.81 to $75.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5.46, with a range between $5.46 and $9.94.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.74 to $3, imported beer $1.99 to $5, cappuccino $1.74 to $5, and Coke/Pepsi $0.6 to $2.48.
Grocery Prices
- Milk - Milk is priced between $0.99 and $1.94 per liter, averaging $1.26.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.31 and $3.73, with an average price of $2.24.
- Eggs (Dozen) - A dozen eggs range from $1.73 to $2.68, averaging $1.94.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.84 to $2.98 per kg, while oranges range from $1.49 to $4.97 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.29 and $2.09 per kg, and lettuce costs $0.6 to $1.74 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.5 and $0.99.
- Fuel (Gasoline) - Gasoline is priced between $1.06 and $1.32 per liter.
- Taxi Fares - Taxi fares start at $1.99, with a cost of $0.5 to $4.97 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $248.39.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $149.04.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $347.75.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $248.39 to $695.5, averaging $471.95.
- Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the centre averages $993.57.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $24.84 and $125, averaging $32.29.
- Internet - Internet services range from $19.87 to $34.48, with an average cost of $23.47.
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"
Tepic offers a relatively affordable cost of living compared to many other cities, particularly in terms of housing and dining.
Transportation costs are low, making it easy to get around the city without breaking the bank.
Grocery prices are reasonable, with a variety of options available for fresh produce and other essentials.
Conclusion
In conclusion, Tepic presents a cost-effective living environment with affordable housing, dining, and transportation options.
Whether you're planning to move or just visit, understanding these costs can help you budget effectively and enjoy all that Tepic has to offer.