Cost of living in Mexico
Living the same way in Mexico costs about 59% of what it costs in the US, 65% in Canada and 64% in the UK. These are national averages from the World Bank's 2025 price levels for household spending, rent included.
What your spending becomes in Mexico
Each row takes a month's spending at home, all in, and shows what living the same way costs in Mexico, in your money and in MXN.
| At home, a month | Same life in Mexico | In MXN | Compared with home |
|---|---|---|---|
| $3,000 in the US | $1,760 | MX$33,900 | 41% less |
| CA$4,000 in Canada | CA$2,610 | MX$35,900 | 35% less |
| £2,500 in the UK | £1,590 | MX$40,300 | 36% less |
Visa income figures for Mexico
The monthly income figures for the open remote-work, retirement and freelance routes to Mexico, from our routes table.
- Mexico temporary residency (financial solvency) Retire or live on savings MX$79,771 a month (about $4,150, CA$5,800, £3,150)
- Mexico permanent residency for retirees Retire or live on savings MX$133,733 a month (about $6,950, CA$9,720, £5,280)
Income is only one requirement, and many routes ask for more per family member. Job-offer and study routes are left out, because their figure is a salary or allowance in Mexico, not what you earn now. Conversions use 2025 exchange rates, so check a figure close to your income at today's rate.
Mexico and other countries in Latin America
What $3,000 a month in the US becomes in each country, cheapest first. The order is the same from Canada or the UK.
Read these figures with care
- National averages. Capital cities and towns popular with movers usually cost more than the national figure, rent most of all.
- 2025 figures. Prices and exchange rates move. Treat this as a first sort, then price a real flat and a real weekly shop where you'd live.
- The same life, not a cheaper one. The World Bank compares what the same basket of goods and services costs in each country at market exchange rates. Living differently there, for better or worse, changes the sum.
Source: World Bank, World Development Indicators (PPP conversion factor for private consumption, and the official exchange rate), licensed CC BY 4.0. Data updated 2026-10-08. Visa figures from our routes table, checked against official sources. General information, not financial or immigration advice.