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

Monthly Cost of Living

Monthly costs for one person with rent: $3,254 in Ibiza versus $1,472 in Mexico City.

Estimated couple costs with rent: $4,133 in Ibiza versus $2,359 in Mexico City.

Monthly costs for a family of three with rent: $5,011 in Ibiza versus $3,245 in Mexico City.

Living in Ibiza is roughly 121% more expensive than in Mexico City, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Ibiza 144% above, Mexico City 11% above.

Meal at Budget Restaurant

$17.69 €15.34

$13.14 MX$228

34.63%

Three-Course Dinner for Two, Mid-Range

$69.2 €60.1

$53.5 MX$928

29.35%

Fast Food Meal (McDonalds, etc)

$11.40 €9.89

$9.33 MX$162

22.19%

Cappuccino

$2.57 €2.23

$3.70 MX$64.1

-30.54%

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

$2.87 €2.49

$1.60 MX$27.80

79.38%

Water (0.33 liter bottle)

$1.51 €1.31

$1.12 MX$19.37

34.82%

Local Beer (0.5 liter draught)

$3.51 €3.04

$3.14 MX$54.4

11.78%

Imported Beer (0.33 liter bottle)

$3.66 €3.17

$4.85 MX$84.0

-24.54%

Milk (1 liter)

$1.41 €1.23

$1.65 MX$28.65

-14.55%

White Bread (500g)

$3.44 €2.98

$2.71 MX$47.03

26.94%

Rice (white) (1kg)

$1.40 €1.22

$1.91 MX$33.08

-26.70%

Eggs

$2.83 €2.46

$2.59 MX$44.88

9.27%

Local Cheese (1kg)

$20.63 €17.90

$9.81 MX$170

110.30%

Chicken Fillets (1kg)

$8.38 €7.27

$8.43 MX$146

-0.59%

Beef Round Steak (1kg)

$14.96 €12.98

$11.93 MX$207

25.40%

Apples (1kg)

$2.43 €2.11

$2.95 MX$51.2

-17.63%

Banana (1kg)

$2.05 €1.78

$1.74 MX$30.15

17.82%

Oranges (1kg)

$1.96 €1.70

$2.04 MX$35.43

-3.92%

Tomato (1kg)

$2.67 €2.32

$2.06 MX$35.70

29.61%

Potato (1kg)

$1.72 €1.49

$2.15 MX$37.25

-20.00%

Onion (1kg)

$2.01 €1.74

$2.26 MX$39.08

-11.06%

Lettuce (1 head)

$1.40 €1.21

$1.39 MX$24.01

0.72%

Water (1.5 liter bottle)

$0.36 €0.32

$1.12 MX$19.34

-67.86%

Cigarettes 20 Pack (Marlboro, Camel)

$5.68 €4.93

$4.22 MX$73.1

34.60%

Wine (Bottle)

$17.51 MX$303

Local Beer (0.5 liter bottle)

$1.44 €1.25

$1.71 MX$29.62

-15.79%

Imported Beer (0.33 liter bottle)

$1.72 €1.50

$3.63 MX$62.9

-52.62%

One-way Ticket (Public Transport)

$2.38 €2.07

$0.35 MX$6.11

580.00%

Public Transport Monthly Pass (Regular Price)

$34.60 €30.02

$19.32 MX$335

79.09%

Taxi Start (Normal Tariff)

$4.41 €3.83

$1.38 MX$23.84

219.57%

Taxi (Normal Tariff) (1km)

$1.22 €1.06

$0.28 MX$4.78

335.71%

Taxi 1hour Waiting (Normal Tariff)

$26.20 €22.73

$5.28 MX$91.4

396.21%

Gasoline (1 liter)

$1.86 €1.61

$1.36 MX$23.53

36.76%

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

$38.1K €33.0K

$19.1K MX$331.0K

99.32%

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

$29.6K €25.7K

$23.6K MX$409.1K

25.41%

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

$236 €204

$40.53 MX$702

481.13%

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

$23.40 €20.30

$27.38 MX$474

-14.54%

Internet (50+ Mbps, Unlimited Data)

$32.23 €27.96

$30.38 MX$527

6.09%

Gym Membership (Monthly)

$85.6 €74.3

$52.2 MX$905

63.94%

Tennis Court (1 Hour on Weekend)

$14.92 €12.95

$26.48 MX$459

-43.66%

Cinema Ticket

$10.05 €8.72

$6.19 MX$107

62.36%

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

$401 €348

$425 MX$7,366

-5.71%

International Primary School, 1 Child (Yearly)

$7,569 €6,566

$10.7K MX$186.0K

-29.50%

Jeans (Levis 501 Or Similar)

$74.3 €64.4

$58.3 MX$1,010

27.41%

Summer Dress (H&M, Zara, etc)

$57.1 €49.53

$44.57 MX$772

28.11%

Sport Shoes (Adidas, Nike)

$83.7 €72.6

$103 MX$1,793

-19.14%

Men's Leather Business Shoes

$159 €138

$109 MX$1,884

46.29%

1-bedroom Apartment, City Center (Monthly)

$2,303 €1,998

$1,014 MX$17.6K

127.14%

1-bedroom Apartment, Outside City Center (Monthly)

$2,057 €1,784

$623 MX$10.8K

230.29%

3-bedroom Apartment, City Center (Monthly)

$2,637 €2,288

$2,119 MX$36.7K

24.44%

3-bedroom Apartment, Outside City Center (Monthly)

$2,548 €2,211

$1,223 MX$21.2K

108.30%

Buy Apartment in City Center (m2)

$6,679 €5,794

$3,792 MX$65.7K

76.13%

Buy Apartment Outside City Center (m2)

$2,809 €2,437

$2,110 MX$36.6K

33.12%

Average Monthly Net Salary (After Tax)

$1,920 €1,666

$1,052 MX$18.2K

82.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

11.34

-69.14%

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

Last update for Ibiza: July 28, 2026

Last update for Mexico City: July 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,303 in Ibiza and $1,014 in Mexico City. Housing cost is often the main lever when comparing two cities.

Ibiza pays 82% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $69.0 in Ibiza vs $54.0 in Mexico City. Groceries flip the comparison at $290 vs $293, with Ibiza cheaper for home cooking.

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

Ibiza and Mexico City differ by about 121% in total monthly costs ($3,254 vs $1,472 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 82% 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: $2,303 in Ibiza versus $1,014 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 79% less than in Ibiza. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $401 in Ibiza versus $425 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,472 in Mexico City versus $3,254 in Ibiza, a $2,000 budget is realistic in Mexico City but tight or insufficient in Ibiza. The gap between the two cities makes Mexico City the clear choice for anyone on this budget.

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.

Safety-wise, Ibiza and Mexico City are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Mexico City gentler on the wallet – expenses run 121% less than in Ibiza. Beyond cost, consider language, visa policies, and how big the international community is in each city.