Last update: Oct 2026

Cost of Living Comparison Between Ibiza and Mexico City

For one person, living is cheaper in Mexico City: $1,608 a month against $2,581 in Ibiza, rent and utilities included – about $11,700 less a year. Higher rent and utilities in Ibiza outweigh lower spending on other living expenses.

125

Cost of Living Index in Ibiza
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Ibiza Living Index
78

Cost of Living Index in Mexico City
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Mexico City Living Index

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Ibiza

🇪🇸 Spain

$2,581

/mo nomad

Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Monthly Cost of Living

How much you'll spend in Ibiza and in Mexico City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Ibiza and in Mexico City actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,581 in Ibiza versus $1,608 in Mexico City.

Ibiza $2,581
Mexico City $1,608

Estimated couple costs with rent: $3,743 in Ibiza versus $2,549 in Mexico City.

Ibiza $3,743
Mexico City $2,549

Monthly costs for a family of three with rent: $4,904 in Ibiza versus $3,490 in Mexico City.

Ibiza $4,904
Mexico City $3,490

Living in Ibiza is roughly 61% more expensive than in Mexico City, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Ibiza 90% above, Mexico City 18% above.

Meal at Budget Restaurant

$22.60 €20.16

$10.62 MX$199

112.81%

Three-Course Dinner for Two, Mid-Range

$89.2 €79.5

$48.35 MX$906

84.38%

Fast Food Meal (McDonalds, etc)

$12.19 €10.87

$10.35 MX$194

17.78%

Cappuccino

$3.30 €2.95

$3.69 MX$69.2

-10.57%

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

$2.77 €2.47

$1.67 MX$31.23

65.87%

Water (0.33 liter bottle)

$2.46 €2.20

$1.27 MX$23.71

93.70%

Local Beer (0.5 liter draught)

$3.44 €3.07

$3.19 MX$59.8

7.84%

Imported Beer (0.33 liter bottle)

$4.11 €3.67

$5.31 MX$99.5

-22.60%

Milk (1 liter)

$1.32 €1.18

$1.72 MX$32.32

-23.26%

White Bread (500g)

$3.43 €3.06

$3.04 MX$57.0

12.83%

Rice (white) (1kg)

$3.94 €3.52

$1.94 MX$36.38

103.09%

Eggs

$2.89 MX$54.1

Local Cheese (1kg)

$17.91 €15.98

$10.97 MX$206

63.26%

Chicken Fillets (1kg)

$9.38 €8.37

$9.25 MX$173

1.41%

Beef Round Steak (1kg)

$15.13 MX$283

Apples (1kg)

$3.05 MX$57.1

Banana (1kg)

$1.96 €1.75

$1.94 MX$36.38

1.03%

Oranges (1kg)

$2.03 MX$37.95

Tomato (1kg)

$2.49 €2.23

$2.31 MX$43.38

7.79%

Potato (1kg)

$2.47 €2.21

$2.04 MX$38.14

21.08%

Onion (1kg)

$1.80 MX$33.73

Lettuce (1 head)

$1.66 €1.48

$1.48 MX$27.72

12.16%

Water (1.5 liter bottle)

$1.27 MX$23.75

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$99.4

Wine (Bottle)

$9.90 €8.83

$16.10 MX$302

-38.51%

Local Beer (0.5 liter bottle)

$1.29 €1.15

$1.98 MX$37.16

-34.85%

Imported Beer (0.33 liter bottle)

$1.55 €1.38

$4.25 MX$79.7

-63.53%

One-way Ticket (Public Transport)

$2.23 €1.99

$0.31 MX$5.72

619.35%

Public Transport Monthly Pass (Regular Price)

$19.73 MX$370

Taxi Start (Normal Tariff)

$4.51 €4.03

$1.84 MX$34.44

145.11%

Taxi (Normal Tariff) (1km)

$1.33 €1.19

$0.53 MX$10.00

150.94%

Taxi 1hour Waiting (Normal Tariff)

$24.71 €22.05

$5.30 MX$99.2

366.23%

Gasoline (1 liter)

$1.83 €1.63

$1.51 MX$28.31

21.19%

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

$35.5K €31.7K

$21.8K MX$407.7K

63.14%

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

$29.5K €26.3K

$24.0K MX$449.5K

23.05%

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

$212 €189

$63.0 MX$1,180

237.12%

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

$18.99 €16.94

$27.39 MX$513

-30.67%

Internet (50+ Mbps, Unlimited Data)

$31.31 €27.93

$35.67 MX$668

-12.22%

Gym Membership (Monthly)

$97.3 €86.8

$58.9 MX$1,105

65.00%

Tennis Court (1 Hour on Weekend)

$41.44 €36.97

$23.64 MX$443

75.30%

Cinema Ticket

$9.92 €8.85

$6.40 MX$120

55.00%

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

$839 €749

$432 MX$8,088

94.44%

International Primary School, 1 Child (Yearly)

$22.4K €20.0K

$11.4K MX$214.1K

96.30%

Jeans (Levis 501 Or Similar)

$59.0 €52.6

$68.2 MX$1,278

-13.54%

Summer Dress (H&M, Zara, etc)

$53.1 MX$996

Sport Shoes (Adidas, Nike)

$72.1 €64.4

$108 MX$2,020

-33.08%

Men's Leather Business Shoes

$117 MX$2,198

1-bedroom Apartment, City Center (Monthly)

$2,044 €1,824

$1,113 MX$20.9K

83.62%

1-bedroom Apartment, Outside City Center (Monthly)

$1,588 €1,417

$710 MX$13.3K

123.48%

3-bedroom Apartment, City Center (Monthly)

$3,989 €3,559

$2,588 MX$48.5K

54.14%

3-bedroom Apartment, Outside City Center (Monthly)

$2,595 €2,316

$1,406 MX$26.3K

84.61%

Buy Apartment in City Center (m2)

$6,929 €6,182

$3,631 MX$68.0K

90.84%

Buy Apartment Outside City Center (m2)

$2,685 €2,396

$2,135 MX$40.0K

25.77%

Average Monthly Net Salary (After Tax)

$1,842 €1,643

$946 MX$17.7K

94.67%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.33

11.35

-70.66%

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

Last update for Ibiza: October 25, 2026

Last update for Mexico City: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Ibiza

$1.6K 61.5%

Mexico City

$710 44.2% 55.3% $877

Eating Out

Ibiza

$303 11.8%

Mexico City

$199 12.4% 34.5% $105

Monthly Utilities & Internet

Ibiza

$263 10.2%

Mexico City

$126 7.8% 52% $137

Groceries & Markets

Ibiza

$232 * 9%

Mexico City

$320 19.9% 38% $88

Sport & Entertainment

Ibiza

$117 4.5%

Mexico City

$72 4.5% 38.7% $45

Clothing & Footwear

Ibiza

$59 * 2.3%

Mexico City

$156 9.7% 164% $97

Getting Around

Ibiza

$20 * 0.8%

Mexico City

$25 1.6% 26.7% $5.4

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $2,044 in Ibiza and $1,113 in Mexico City. Housing cost is often the main lever when comparing two cities.

Ibiza pays 95% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $89 in Ibiza vs $48 in Mexico City. Groceries flip the comparison at $232 vs $320, with Ibiza cheaper for home cooking.

Good to know

🇪🇸 Ibiza

🇲🇽 Mexico City

🕒 Local time

20:06 8:06 PM

13:06 1:06 PM

7 h behind Ibiza

🌤 Weather

👥 Population

49,727

9,209,944 Capital

💱 Currency

Euro EUR €

Mexican Peso MXN $

📈 Exchange rate

1 EUR = 1.12 USD

100 MXN = 5.34 USD

100 MXN = 4.78 EUR

Exchange rates and currency converter

MXN, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

Mexican Peso exchange rates as of November 2, 2026: 1 USD = 18.74 MXN (100 MXN = 5.34 USD). 1 EUR = 20.91 MXN (100 MXN = 4.78 EUR).

USD to EUR in detail →

On the map

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Between locations

Ibiza Mexico City 9,530 km ≈ 12 h nonstop flight

From you

Ibiza
Mexico City

Distances are measured in a straight line. Your location is detected approximately.

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

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

Total monthly costs including rent come to $2,581 in Ibiza and $1,608 in Mexico City, so Mexico City is about 38% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay runs 95% higher in Ibiza, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,044 in Ibiza versus $1,113 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $839 in Ibiza versus $432 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Mexico City – a meal for two runs $48 versus $89 in Ibiza. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Mexico City gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Mexico City wins on affordability, Ibiza on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.