GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive City In Mexico

The most expensive city in Mexico is Mexico City, with relatively high costs of living and housing prices compared to other cities in the country.

With sources from: mobilityexchange.mercer.com, statista.com, mexiconewsdaily.com, expatistan.com and many more

Statistic 1

Mexico City was rated as the most expensive city in Mexico in 2020,

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As of March 2021, Mexico City ranked as the 132nd most expensive city in the world,

Statistic 3

In 2020, the cost of living index in Mexico City was approximately 2.61 percent,

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The average monthly rent for a 1-bedroom apartment in Mexico City's city center is around $500,

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The average cost of a 3-course meal for 2 in a mid-range restaurant in Mexico city is around 500 MXN,

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The cost of utilities in Mexico City averages around $55 per month,

Statistic 7

The cost of local transportation (Monthly Pass) in Mexico City is around $20,

Statistic 8

The price of monthly rent for an 85 m2 furnished accommodation in Mexico City's EXCLUSIVE area is around $1,000,

Statistic 9

Mexico City’s most expensive neighborhood, Polanco, has an average sale price of around $6,900 per square meter,

Statistic 10

Beer prices in Mexico City are generally around $1.92,

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The price of potatoes in Mexico City is around 20 MXN per kg,

Statistic 12

The average cost of a gym membership in Mexico City is around $36 per month,

Statistic 13

A pair of jeans (Levis 501 or Similar) costs around $43.12 in Mexico City,

Statistic 14

The average cost of internet (60 Mbps or More, Unlimited Data, Cable/ADSL) in Mexico City is around $20.74,

Statistic 15

A bottle of good quality red table wine can be purchased in Mexico City for around 200 MXN,

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Mexico City's poverty rate is over 28%, making it a costly place to live especially for the less privileged,

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The average cost of Prepaid Mobile Tariff Local (No Discounts or Plans) in Mexico City is about 1.96 MXN,

Statistic 18

The average cost of living in Mexico is 51.65% lower than in the United States, but Mexico City is more expensive compared to other cities in the country,

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In this post, we explore the statistics that highlight Mexico City’s status as the most expensive city in Mexico. From the cost of living index to average rent prices and dining expenses, we delve into the intricacies of the city’s financial landscape. Join us as we uncover the numbers behind Mexico City’s reputation as a costly urban center.

Statistic 1

"Mexico City was rated as the most expensive city in Mexico in 2020,"

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Statistic 2

"As of March 2021, Mexico City ranked as the 132nd most expensive city in the world,"

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Statistic 3

"In 2020, the cost of living index in Mexico City was approximately 2.61 percent,"

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Statistic 4

"The average monthly rent for a 1-bedroom apartment in Mexico City's city center is around $500,"

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Statistic 5

"The average cost of a 3-course meal for 2 in a mid-range restaurant in Mexico city is around 500 MXN,"

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Statistic 6

"The cost of utilities in Mexico City averages around $55 per month,"

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Statistic 7

"The cost of local transportation (Monthly Pass) in Mexico City is around $20,"

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Statistic 8

"The price of monthly rent for an 85 m2 furnished accommodation in Mexico City's EXCLUSIVE area is around $1,000,"

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Statistic 9

"Mexico City’s most expensive neighborhood, Polanco, has an average sale price of around $6,900 per square meter,"

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Statistic 10

"Beer prices in Mexico City are generally around $1.92,"

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Statistic 11

"The price of potatoes in Mexico City is around 20 MXN per kg,"

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Statistic 12

"The average cost of a gym membership in Mexico City is around $36 per month,"

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Statistic 13

"A pair of jeans (Levis 501 or Similar) costs around $43.12 in Mexico City,"

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Statistic 14

"The average cost of internet (60 Mbps or More, Unlimited Data, Cable/ADSL) in Mexico City is around $20.74,"

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Statistic 15

"A bottle of good quality red table wine can be purchased in Mexico City for around 200 MXN,"

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Statistic 16

"Mexico City's poverty rate is over 28%, making it a costly place to live especially for the less privileged,"

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Statistic 17

"The average cost of Prepaid Mobile Tariff Local (No Discounts or Plans) in Mexico City is about 1.96 MXN,"

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Statistic 18

"The average cost of living in Mexico is 51.65% lower than in the United States, but Mexico City is more expensive compared to other cities in the country,"

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Interpretation

In conclusion, Mexico City emerged as the most expensive city in Mexico in 2020, but its ranking dropped to 132nd globally by March 2021. Despite being lower in cost compared to the United States overall, Mexico City still maintains a relatively high cost of living, evident in the prices of rent, utilities, transportation, and dining. The disparities between different neighborhoods within the city, such as the exclusive area of Polanco, further highlight the varied economic landscape. The statistics presented shed light on the affordability challenges faced by a significant portion of Mexico City's population, with a poverty rate exceeding 28%.

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