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: $3,255 in Ibiza versus $1,447 in Mexico City.

Estimated couple costs with rent: $4,167 in Ibiza versus $2,310 in Mexico City.

Monthly costs for a family of three with rent: $5,080 in Ibiza versus $3,174 in Mexico City.

Living in Ibiza is roughly 125% more expensive than Mexico City, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Ibiza 142% above, Mexico City 8% above.

Meal at Budget Restaurant

$17.56 €15.13

$12.98 MX$223

35.29%

Three-Course Dinner for Two, Mid-Range

$70.1 €60.4

$52.6 MX$903

33.23%

Fast Food Meal (McDonalds, etc)

$11.52 €9.93

$9.43 MX$162

22.16%

Cappuccino

$2.63 €2.27

$3.57 MX$61.3

-26.33%

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

$2.96 €2.55

$1.61 MX$27.55

83.85%

Water (0.33 liter bottle)

$1.45 €1.25

$1.15 MX$19.81

26.09%

Local Beer (0.5 liter draught)

$3.57 €3.07

$3.15 MX$54.0

13.33%

Imported Beer (0.33 liter bottle)

$3.60 €3.10

$4.86 MX$83.4

-25.93%

Milk (1 liter)

$1.37 €1.18

$1.70 MX$29.17

-19.41%

White Bread (500g)

$3.50 €3.01

$2.64 MX$45.23

32.58%

Rice (white) (1kg)

$1.42 €1.22

$1.90 MX$32.67

-25.26%

Eggs

$2.82 €2.43

$2.54 MX$43.62

11.02%

Local Cheese (1kg)

$20.64 €17.78

$10.08 MX$173

104.76%

Chicken Fillets (1kg)

$8.19 €7.06

$8.29 MX$142

-1.21%

Beef Round Steak (1kg)

$15.21 €13.10

$11.57 MX$199

31.46%

Apples (1kg)

$2.51 €2.16

$3.03 MX$52.0

-17.16%

Banana (1kg)

$1.99 €1.72

$1.71 MX$29.35

16.37%

Oranges (1kg)

$1.97 €1.70

$2.05 MX$35.16

-3.90%

Tomato (1kg)

$2.65 €2.28

$2.06 MX$35.36

28.64%

Potato (1kg)

$1.80 €1.55

$2.06 MX$35.43

-12.62%

Onion (1kg)

$1.91 €1.65

$2.17 MX$37.25

-11.98%

Lettuce (1 head)

$1.35 €1.16

$1.40 MX$24.08

-3.57%

Water (1.5 liter bottle)

$0.33 €0.29

$1.12 MX$19.26

-70.54%

Cigarettes 20 Pack (Marlboro, Camel)

$5.52 €4.76

$4.29 MX$73.7

28.67%

Wine (Bottle)

$15.41 MX$265

Local Beer (0.5 liter bottle)

$1.44 €1.24

$1.67 MX$28.74

-13.77%

Imported Beer (0.33 liter bottle)

$1.64 €1.41

$3.69 MX$63.3

-55.56%

One-way Ticket (Public Transport)

$2.44 €2.10

$0.38 MX$6.55

542.11%

Public Transport Monthly Pass (Regular Price)

$34.20 €29.47

$19.06 MX$327

79.43%

Taxi Start (Normal Tariff)

$4.41 €3.80

$1.38 MX$23.70

219.57%

Taxi (Normal Tariff) (1km)

$1.28 €1.10

$0.28 MX$4.74

357.14%

Taxi 1hour Waiting (Normal Tariff)

$26.30 €22.66

$5.42 MX$92.9

385.24%

Gasoline (1 liter)

$1.89 €1.63

$1.28 MX$21.98

47.66%

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

$38.8K €33.4K

$19.0K MX$325.8K

104.31%

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

$30.7K €26.4K

$23.5K MX$402.7K

30.71%

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

$240 €207

$41.02 MX$704

486.08%

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

$23.36 €20.13

$26.92 MX$462

-13.22%

Internet (50+ Mbps, Unlimited Data)

$32.16 €27.71

$29.69 MX$510

8.32%

Gym Membership (Monthly)

$85.9 €74.0

$52.3 MX$898

64.15%

Tennis Court (1 Hour on Weekend)

$15.25 €13.14

$26.23 MX$450

-41.86%

Cinema Ticket

$10.05 €8.66

$6.18 MX$106

62.62%

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

$400 €344

$427 MX$7,331

-6.39%

International Primary School, 1 Child (Yearly)

$7,465 €6,432

$10.7K MX$183.6K

-30.22%

Jeans (Levis 501 Or Similar)

$72.5 €62.5

$56.8 MX$975

27.60%

Summer Dress (H&M, Zara, etc)

$56.9 €48.98

$44.83 MX$769

26.81%

Sport Shoes (Adidas, Nike)

$84.5 €72.8

$105 MX$1,794

-19.13%

Men's Leather Business Shoes

$161 €139

$106 MX$1,819

51.88%

1-bedroom Apartment, City Center (Monthly)

$2,360 €2,034

$995 MX$17.1K

137.31%

1-bedroom Apartment, Outside City Center (Monthly)

$2,065 €1,779

$621 MX$10.7K

232.46%

3-bedroom Apartment, City Center (Monthly)

$2,660 €2,292

$2,126 MX$36.5K

25.10%

3-bedroom Apartment, Outside City Center (Monthly)

$2,487 €2,143

$1,254 MX$21.5K

98.41%

Buy Apartment in City Center (m2)

$7,415 €6,389

$3,903 MX$67.0K

89.99%

Buy Apartment Outside City Center (m2)

$2,786 €2,401

$2,096 MX$36.0K

32.96%

Average Monthly Net Salary (After Tax)

$1,979 €1,705

$1,107 MX$19.0K

78.70%

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: June 8, 2026

Last update for Mexico City: June 7, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,360 in Ibiza and $995 in Mexico City. Housing cost is often the main lever when comparing two cities.

Ibiza pays 79% 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: $70.0 in Ibiza vs $53.0 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $289 vs $288 per month, with Mexico City cheaper across the board.

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 125% in total monthly costs ($3,255 vs $1,447 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Ibiza pays 79% more on average, 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: $2,360 in Ibiza versus $995 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 $400 in Ibiza versus $427 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,447 in Mexico City versus $3,255 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 125% less than in Ibiza. Beyond cost, consider language, visa policies, and how big the international community is in each city.