What is the average rent in Puerto Vallarta?

A 1-bedroom apartment in Puerto Vallarta city centre costs approximately MXN 23,555 per month. Outside the centre, rent drops to MXN 12,569 (saving 47%). A 3-bedroom apartment in the centre costs around MXN 36,751.

Is Puerto Vallarta affordable to live in?

Puerto Vallarta is mid-priced by global standards. Groceries are average, restaurants are expensive, and local purchasing power is average. Workers in Mexico earning MXN 1,033,465 gross take home approximately MXN 64,202 per month after tax.

🇲🇽 Mexico · 2026

Cost of Living in Puerto Vallarta

Q: How expensive is Puerto Vallarta compared to the rest of Mexico?

Puerto Vallarta ranks #301 out of 577 cities globally. It is 15.6% more expensive than the Mexico average, based on 11 cities. The rent index is 23.9 and local purchasing power is 47.9.

15.6% above the Mexico average

Ranked #301 of 577 cities · More expensive than 47.8% of cities worldwide

+15.6%

Cost of Living

+29.9%

Rent

+7.2%

Groceries

-4.2%

Purchasing Power

Compared to Mexico average · See Mexico ranking →

Rent Prices in Puerto Vallarta

Apartment	City Centre	Outside Centre	You Save
1-Bedroom	MXN 23,555/mo ≈ $1,281	MXN 12,569/mo ≈ $684	47%
3-Bedroom	MXN 36,751/mo ≈ $1,999	MXN 20,223/mo ≈ $1,100	45%

Numbeo · 2026-10-02

Multi-Source Comparison

★ Low Confidence

Puerto Vallarta has a cost of living index of 37.8 (New York = 100, rent included), from a single data source.

37.8

Index

Sources

Source Values (NYC = 100)

Numbeo

37.8

Expatistan

No data

LivingCost

No data

ShouldIMove price index

No data

ShouldIMove price index: our own basket of real item prices plus rent.

View all 577 cities | Data collected: Numbeo October 2026

Cost Indices

Cost of Living

+15.6% Expensive

Rent

+29.9% Very expensive

Groceries

+7.2% Average

Restaurants

+11.2% Expensive

Purchasing Power

-4.2% Average

Living in Puerto Vallarta: What to Expect

Puerto Vallarta is mid-priced by global standards (ranked #301 of 577 cities). It is 15.6% more expensive than the Mexico average, based on 11 cities.

Groceries are average and dining out is expensive. The best value is groceries and the priciest is rent.

Local purchasing power is limited: residents can afford fewer goods and services than in most cities.

Workers in Mexico earning MXN 1,033,465 gross take home MXN 64,202/month after tax (25.5% effective rate). See full Mexico tax calculator →