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: $2,683 in Ibiza versus $1,660 in Mexico City.

Estimated couple costs with rent: $3,796 in Ibiza versus $2,565 in Mexico City.

Monthly costs for a family of three with rent: $4,910 in Ibiza versus $3,470 in Mexico City.

Living in Ibiza is roughly 62% more expensive than in Mexico City, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Ibiza 96% above, Mexico City 21% above.

Meal at Budget Restaurant

$23.42 €20.30

$11.92 MX$204

96.48%

Three-Course Dinner for Two, Mid-Range

$91.2 €79.1

$51.6 MX$885

76.80%

Fast Food Meal (McDonalds, etc)

$12.61 €10.93

$11.41 MX$196

10.52%

Cappuccino

$3.28 €2.84

$3.99 MX$68.5

-17.79%

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

$2.74 €2.37

$1.66 MX$28.45

65.06%

Water (0.33 liter bottle)

$2.65 €2.29

$1.33 MX$22.74

99.25%

Local Beer (0.5 liter draught)

$3.54 €3.07

$3.47 MX$59.5

2.02%

Imported Beer (0.33 liter bottle)

$4.23 €3.67

$5.90 MX$101

-28.31%

Milk (1 liter)

$1.42 €1.23

$1.88 MX$32.18

-24.47%

White Bread (500g)

$3.55 €3.08

$3.25 MX$55.8

9.23%

Rice (white) (1kg)

$2.16 MX$37.05

Eggs

$2.90 MX$49.66

Local Cheese (1kg)

$20.74 €17.97

$12.86 MX$220

61.28%

Chicken Fillets (1kg)

$10.05 MX$172

Beef Round Steak (1kg)

$15.86 MX$272

Apples (1kg)

$3.29 MX$56.5

Banana (1kg)

$2.01 MX$34.40

Oranges (1kg)

$2.20 MX$37.71

Tomato (1kg)

$2.36 MX$40.40

Potato (1kg)

$2.05 MX$35.23

Onion (1kg)

$1.90 MX$32.60

Lettuce (1 head)

$1.61 MX$27.52

Water (1.5 liter bottle)

$1.40 MX$23.95

Cigarettes 20 Pack (Marlboro, Camel)

$5.46 MX$93.7

Wine (Bottle)

$17.65 MX$303

Local Beer (0.5 liter bottle)

$1.37 €1.19

$2.06 MX$35.24

-33.50%

Imported Beer (0.33 liter bottle)

$4.68 MX$80.3

One-way Ticket (Public Transport)

$2.32 €2.01

$0.34 MX$5.80

582.35%

Public Transport Monthly Pass (Regular Price)

$20.81 MX$357

Taxi Start (Normal Tariff)

$4.58 €3.97

$2.10 MX$35.95

118.10%

Taxi (Normal Tariff) (1km)

$1.39 €1.20

$0.56 MX$9.59

148.21%

Taxi 1hour Waiting (Normal Tariff)

$25.59 €22.18

$5.81 MX$99.7

340.45%

Gasoline (1 liter)

$1.76 €1.52

$1.61 MX$27.53

9.32%

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

$36.6K €31.7K

$22.8K MX$391.6K

60.31%

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

$29.5K €25.6K

$26.8K MX$458.6K

10.37%

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

$217 €188

$65.2 MX$1,117

232.66%

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

$21.10 €18.29

$30.09 MX$516

-29.88%

Internet (50+ Mbps, Unlimited Data)

$32.24 €27.94

$37.18 MX$637

-13.29%

Gym Membership (Monthly)

$109 €94.6

$59.8 MX$1,024

82.58%

Tennis Court (1 Hour on Weekend)

$58.2 €50.4

$26.55 MX$455

119.25%

Cinema Ticket

$16.73 €14.50

$7.04 MX$121

137.64%

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

$868 €752

$465 MX$7,967

86.79%

International Primary School, 1 Child (Yearly)

$23.4K €20.3K

$13.3K MX$227.6K

76.63%

Jeans (Levis 501 Or Similar)

$41.11 €35.63

$75.9 MX$1,301

-45.82%

Summer Dress (H&M, Zara, etc)

$56.0 MX$959

Sport Shoes (Adidas, Nike)

$69.8 €60.5

$112 MX$1,918

-37.64%

Men's Leather Business Shoes

$121 MX$2,066

1-bedroom Apartment, City Center (Monthly)

$2,156 €1,868

$1,103 MX$18.9K

95.51%

1-bedroom Apartment, Outside City Center (Monthly)

$1,780 €1,543

$721 MX$12.4K

147.05%

3-bedroom Apartment, City Center (Monthly)

$4,108 €3,560

$2,530 MX$43.4K

62.37%

3-bedroom Apartment, Outside City Center (Monthly)

$2,728 €2,364

$1,293 MX$22.2K

110.90%

Buy Apartment in City Center (m2)

$7,345 €6,366

$3,991 MX$68.4K

84.03%

Buy Apartment Outside City Center (m2)

$2,766 €2,397

$2,090 MX$35.8K

32.39%

Average Monthly Net Salary (After Tax)

$1,931 €1,674

$1,037 MX$17.8K

86.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.33

11.3

-70.53%

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

Last update for Ibiza: September 15, 2026

Last update for Mexico City: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,156 in Ibiza and $1,103 in Mexico City. Housing cost is often the main lever when comparing two cities.

Ibiza pays 86% 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: $91.0 in Ibiza vs $52.0 in Mexico City. Groceries flip the comparison at $119 vs $345, 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 62% in total monthly costs ($2,683 vs $1,660 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 86% 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: $2,156 in Ibiza versus $1,103 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $868 in Ibiza versus $465 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 $52.0 versus $91.0 in Ibiza. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,660 in Mexico City versus $2,683 in Ibiza, a $3,000 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 62% less than in Ibiza. Beyond cost, consider language, visa policies, and how big the international community is in each city.