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Tulum, Mexico

Cost of Living in Mexico

By Joshua Wood, LPC

Last updated on Apr 15, 2023

Summary: The cost of living in Mexico is generally lower than in the United States. A nice one bedroom apartment in Mexico can cost anywhere from $400 to $800 USD per month, while a nice two bedroom apartment can cost from $600 to $1,200 USD per month. The cost of dinner at a moderately priced restaurant in Mexico is usually around $10 to $15 USD per person.

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Is the cost of living in Mexico high?

We asked people how much they someone comfortably live on in Mexico, they wrote:

"$1,500 a month for a single, $2500 a month for a couple. Less if you go to a smaller town," explained one expat living in Mazatlan.

"That is such a personal question. I recommend that people housesit in the community they are thinking of retiring in so they can gauge costs, safety, reliability of utilities, etc," said one expat in Lake Chapala.

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Will I save money living in Mexico?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Tulum, Mexico

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