What is the cost of living in Mexico City?

The cost of living in Mexico City is 65.6% cheaper than New York City (index: 34.4). Groceries are 45.1% cheaper than NYC. Restaurants are 49.6% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately MXN 18,771 per month. Local purchasing power index is 51.8 (NYC = 100).

How much tax do you pay in Mexico?

In Mexico, a gross salary of MXN 1,025,550 per year results in approximately MXN 63,759 per month take-home pay after income tax and social contributions (effective rate: 25.4%). Use our Mexico tax calculator for a personalised breakdown.

🇲🇽 Mexico · #339 of 577 cities · 2026

Should I Move to Mexico City?

Q: Should I move to Mexico City?

Mexico City, Mexico has a cost of living 65.6% cheaper than New York City (index: 34.4). It is ranked #339 out of 577 cities globally. Local purchasing power is weak (index: 51.8 vs NYC = 100). Workers in Mexico earning MXN 1,025,550 gross take home approximately MXN 63,759/month after tax. Use our salary comparison calculator to see exactly how your take-home pay would change.

65.6% cheaper to live here than in New York City.

Run the calculator below with your actual salary to get a personalised answer.

-65.6%

vs NYC

MXN 18,771

1-BR, city centre

MXN 63,759

Net take-home

Weak

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from October 2026

Personalised Answer

Compare your salary: move to Mexico City?

Example: MXN 1,025,550 gross/year in Mexico → MXN 63,759/month net after tax (25.4% effective rate). Full Mexico tax breakdown →

Cost breakdown: Mexico City

Cost indices vs NYC = 100

Cost of Living

34.4 Mid-priced

Rent

24.6 Very affordable

Groceries

54.9 Affordable

Restaurants

50.4 Affordable

Purchasing Power

51.8 Weak

Rent in Mexico City

1-BR, city centre MXN 18,771/mo

1-BR, outside centre MXN 11,978/mo

3-BR, city centre MXN 42,615/mo

3-BR, outside centre MXN 22,466/mo

Save by going outside centre 36% cheaper

Numbeo · 2026-10-02

Mexico take-home pay

MXN 1,025,550 → MXN 63,759/Net take-home (25.4% effective rate, single filer)

Full Mexico tax calculator →

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇲🇽 Queretaro

Mexico

CoL index 33.3

Compare Queretaro vs Mexico City →

🇲🇽 Cancun

Mexico

CoL index 32.8

Compare Cancun vs Mexico City →

🇲🇽 Monterrey

Mexico

CoL index 36.4

Compare Monterrey vs Mexico City →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Mexico City after tax, in seconds.

Compare salaries → Full cost of living data

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