Cost of Living Comparison Between Faro and Mexico City Cost of Living Comparison Between Faro and Mexico City

Monthly Cost of Living

A single person spends $1,852 per month in Faro vs $1,660 in Mexico City, rent included.

A couple spends around $2,763 per month in Faro vs $2,565 in Mexico City, rent included.

A family of three spends $3,675 per month in Faro vs $3,470 in Mexico City, rent included.

Faro costs about 12% more than Mexico City, driven mainly by Groceries & Markets.

Both Faro and Mexico City sit above the global median – Faro by 35%, Mexico City by 21%.

Meal at Budget Restaurant

$13.69 €11.93

$11.92 MX$206

14.85%

Three-Course Dinner for Two, Mid-Range

$46.14 €40.22

$51.6 MX$890

-10.58%

Fast Food Meal (McDonalds, etc)

$11.46 €9.99

$11.41 MX$197

0.44%

Cappuccino

$1.87 €1.63

$3.99 MX$68.9

-53.13%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.48 €2.16

$1.66 MX$28.61

49.40%

Water (0.33 liter bottle)

$1.76 €1.54

$1.33 MX$22.87

32.33%

Local Beer (0.5 liter draught)

$2.94 €2.57

$3.47 MX$59.9

-15.27%

Imported Beer (0.33 liter bottle)

$2.56 €2.23

$5.90 MX$102

-56.61%

Milk (1 liter)

$1.10 €0.96

$1.88 MX$32.36

-41.49%

White Bread (500g)

$1.56 €1.36

$3.25 MX$56.1

-52.00%

Rice (white) (1kg)

$1.87 €1.63

$2.16 MX$37.26

-13.43%

Eggs

$3.49 €3.04

$2.90 MX$49.94

20.34%

Local Cheese (1kg)

$14.16 €12.34

$12.86 MX$222

10.11%

Chicken Fillets (1kg)

$6.35 €5.53

$10.05 MX$173

-36.82%

Beef Round Steak (1kg)

$11.07 €9.65

$15.86 MX$273

-30.20%

Apples (1kg)

$2.68 €2.33

$3.29 MX$56.8

-18.54%

Banana (1kg)

$1.31 €1.14

$2.01 MX$34.60

-34.83%

Oranges (1kg)

$1.60 €1.40

$2.20 MX$37.93

-27.27%

Tomato (1kg)

$2.59 €2.26

$2.36 MX$40.63

9.75%

Potato (1kg)

$3.30 €2.88

$2.05 MX$35.43

60.98%

Onion (1kg)

$2.56 €2.23

$1.90 MX$32.79

34.74%

Lettuce (1 head)

$1.40 €1.22

$1.61 MX$27.68

-13.04%

Water (1.5 liter bottle)

$1.26 €1.10

$1.40 MX$24.09

-10.00%

Cigarettes 20 Pack (Marlboro, Camel)

$6.39 €5.57

$5.46 MX$94.2

17.03%

Wine (Bottle)

$5.17 €4.51

$17.65 MX$304

-70.71%

Local Beer (0.5 liter bottle)

$0.93 €0.81

$2.06 MX$35.44

-54.85%

Imported Beer (0.33 liter bottle)

$3.49 €3.04

$4.68 MX$80.8

-25.43%

One-way Ticket (Public Transport)

$3.44 €3.00

$0.34 MX$5.84

911.76%

Public Transport Monthly Pass (Regular Price)

$42.48 €37.03

$20.81 MX$359

104.13%

Taxi Start (Normal Tariff)

$3.78 €3.29

$2.10 MX$36.15

80.00%

Taxi (Normal Tariff) (1km)

$1.14 €1.00

$0.56 MX$9.64

103.57%

Taxi 1hour Waiting (Normal Tariff)

$22.18 €19.34

$5.81 MX$100

281.76%

Gasoline (1 liter)

$2.06 €1.80

$1.61 MX$27.68

27.95%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.7K €30.3K

$22.8K MX$393.8K

52.01%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$40.1K €34.9K

$26.8K MX$461.2K

49.77%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$138 €120

$65.2 MX$1,124

111.78%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$20.10 €17.52

$30.09 MX$519

-33.20%

Internet (50+ Mbps, Unlimited Data)

$38.06 €33.18

$37.18 MX$641

2.37%

Gym Membership (Monthly)

$43.09 €37.56

$59.8 MX$1,030

-27.89%

Tennis Court (1 Hour on Weekend)

$22.32 €19.46

$26.55 MX$458

-15.93%

Cinema Ticket

$11.33 €9.88

$7.04 MX$121

60.94%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$479 €418

$465 MX$8,012

3.10%

International Primary School, 1 Child (Yearly)

$11.3K €9,864

$13.3K MX$228.9K

-14.75%

Jeans (Levis 501 Or Similar)

$71.7 €62.5

$75.9 MX$1,308

-5.48%

Summer Dress (H&M, Zara, etc)

$44.96 €39.19

$56.0 MX$965

-19.64%

Sport Shoes (Adidas, Nike)

$110 €95.9

$112 MX$1,929

-1.63%

Men's Leather Business Shoes

$105 €91.3

$121 MX$2,078

-13.13%

1-bedroom Apartment, City Center (Monthly)

$1,044 €910

$1,103 MX$19.0K

-5.29%

1-bedroom Apartment, Outside City Center (Monthly)

$927 €808

$721 MX$12.4K

28.59%

3-bedroom Apartment, City Center (Monthly)

$1,778 €1,550

$2,530 MX$43.6K

-29.70%

3-bedroom Apartment, Outside City Center (Monthly)

$1,569 €1,368

$1,293 MX$22.3K

21.30%

Buy Apartment in City Center (m2)

$4,762 €4,151

$3,991 MX$68.8K

19.30%

Buy Apartment Outside City Center (m2)

$3,727 €3,249

$2,090 MX$36.0K

78.35%

Average Monthly Net Salary (After Tax)

$1,359 €1,184

$1,037 MX$17.9K

30.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.57

11.3

-68.41%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Faro: September 15, 2026

Last update for Mexico City: September 14, 2026

Cost Breakdown

A central one-bedroom costs $1,044 in Faro versus $1,103 in Mexico City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 31% higher in Faro, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $46.00 in Faro versus $52.0 in Mexico City. Monthly groceries follow the same trend: $254 vs $345 – making Faro the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Faro vs Mexico City: Cost of Living - Frequently Asked Questions

Yes – Faro is pricier by about 12%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,777 per month in Faro and $2,489 in Mexico City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mexico City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $479 per month in Faro and $465 in Mexico City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Interestingly, groceries are about 36% cheaper in Faro – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $3,000 monthly budget goes further in Mexico City, where all-in costs run around $1,660, than in Faro at $1,852. In Mexico City it covers expenses comfortably, while in Faro it requires careful planning or may not stretch far enough.

Families tend to lean toward Mexico City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Mexico City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Faro makes more sense. Both are solid long-term options with distinct trade-offs.