Cost of Living in Mexico
Mexico can offer a significantly lower cost of living compared to Canada or the U.S., but expenses vary by city, lifestyle, and exchange rates. Here’s a snapshot for Puerto Vallarta in 2025.
Housing (Monthly Rent)
Rental costs in Mexico vary widely depending on the city, neighborhood, and proximity to local amenities. Urban centers and popular expat areas tend to have higher monthly rents, while more residential or suburban zones offer more affordable options. Overall, Mexico provides a range of housing choices that can fit different lifestyles and budgets.
- 1BR apartment, city center: ~US $850
- 1BR apartment, outside center: ~US $600
- 3BR apartment, city center: ~US $1,600
Daily Living Costs
Day-to-day expenses in Mexico remain relatively affordable, with dining, beverages, fitness, and basic utilities generally costing less than in many Western countries. Whether eating out, grabbing a coffee, maintaining a gym routine, or covering monthly household services, most daily essentials fit comfortably within a moderate budget.
- Meal for 2 at a mid-range restaurant: ~US $35
- Cappuccino: ~US $2.25
- Gym membership: ~US $45/month
- Utilities (electricity, water, internet): ~US $100–150
Groceries (Sample Prices)
Everyday grocery items in Mexico are reasonably priced, making it easy to maintain a cost-effective household budget. Basic staples, fresh produce, meats, and beverages are widely available and generally affordable, offering good value for both locals and expats.
- 1 liter milk: ~US $1.15
- Dozen eggs: ~US $2.80
- Chicken breast (1kg): ~US $5.50
- Local beer (0.5L): ~US $1.80
Important Notes
Costs can change quickly depending on the peso–dollar exchange rate, neighborhood, and lifestyle. While Puerto Vallarta is more affordable than Vancouver, Toronto, or U.S. coastal cities, it isn’t always “cheap.”
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