Last update: Oct 2026

Cost of Living Comparison Between Key West, FL and Mexico City

For one person, living is cheaper in Mexico City: $1,567 a month against $4,808 in Key West, FL, rent and utilities included – about $38,900 less a year. Rent and utilities account for most of the difference.

Key West, FL
🇺🇸 United States
$4,808
/mo nomad
Mexico City
🇲🇽 Mexico
$1,567
/mo nomad
Monthly Cost of Living

How much you'll spend in Key West, FL 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 Key West, FL and in Mexico City actually costs, broken down by who's living it.

A single person spends $4,808 per month in Key West, FL vs $1,567 in Mexico City, rent included.

  • Key West, FL $4,808
  • Mexico City $1,567

A couple spends around $7,043 per month in Key West, FL vs $2,450 in Mexico City, rent included.

  • Key West, FL $7,043
  • Mexico City $2,450

A family of three spends $9,278 per month in Key West, FL vs $3,333 in Mexico City, rent included.

  • Key West, FL $9,278
  • Mexico City $3,333

Key West, FL costs about 207% more than Mexico City, and outside of rent the biggest gap is in groceries.

Both Key West, FL and Mexico City sit above the global median – Key West, FL by 256%, Mexico City by 16%.

Currency
🍽 Eating Out
Key West, FL
Mexico City
Difference
Meal at Budget Restaurant
$22.31 $22.31
$10.75 MX$199
107.53%
Three-Course Dinner for Two, Mid-Range
$98.3 $98.3
$50.3 MX$929
95.64%
Fast Food Meal (McDonalds, etc)
$11.87 $11.87
$11.10 MX$205
6.94%
Cappuccino
$4.56 $4.56
$3.68 MX$68.1
23.91%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.26 $2.26
$1.65 MX$30.42
36.97%
Water (0.33 liter bottle)
$1.90 $1.90
$1.30 MX$24.08
46.15%
Local Beer (0.5 liter draught)
$5.85 $5.85
$3.32 MX$61.3
76.20%
Imported Beer (0.33 liter bottle)
$6.84 $6.84
$5.54 MX$102
23.47%
🛒 Groceries & Markets
Key West, FL
Mexico City
Difference
Milk (1 liter)
$0.99 $0.99
$1.77 MX$32.68
-44.07%
White Bread (500g)
$3.68 $3.68
$3.05 MX$56.4
20.66%
Rice (white) (1kg)
$6.74 $6.74
$2.01 MX$37.20
235.32%
Eggs
$5.16 $5.16
$2.77 MX$51.1
86.28%
Local Cheese (1kg)
$11.61 $11.61
$11.91 MX$220
-2.52%
Chicken Fillets (1kg)
$13.34 $13.34
$9.33 MX$172
42.98%
Beef Round Steak (1kg)
$23.97 $23.97
$15.02 MX$278
59.59%
Apples (1kg)
$4.81 $4.81
$3.08 MX$56.8
56.17%
Banana (1kg)
$1.86 $1.86
$1.95 MX$35.97
-4.62%
Oranges (1kg)
$3.67 $3.67
$2.03 MX$37.54
80.79%
Tomato (1kg)
$5.17 $5.17
$2.21 MX$40.92
133.94%
Potato (1kg)
$5.93 $5.93
$2.02 MX$37.41
193.56%
Onion (1kg)
$3.33 $3.33
$1.82 MX$33.67
82.97%
Lettuce (1 head)
$3.60 $3.60
$1.52 MX$28.07
136.84%
Water (1.5 liter bottle)
$2.65 $2.65
$1.28 MX$23.65
107.03%
Cigarettes 20 Pack (Marlboro, Camel)
$8.18 $8.18
$5.27 MX$97.4
55.22%
Wine (Bottle)
$14.18 $14.18
$16.12 MX$298
-12.03%
Local Beer (0.5 liter bottle)
$1.99 $1.99
$1.95 MX$36.05
2.05%
Imported Beer (0.33 liter bottle)
$2.38 $2.38
$4.25 MX$78.6
-44.00%
🚌 Getting Around
Key West, FL
Mexico City
Difference
One-way Ticket (Public Transport)
$3.98 $3.98
$0.31 MX$5.82
1183.87%
Public Transport Monthly Pass (Regular Price)
-
$19.85 MX$367
-
Taxi Start (Normal Tariff)
$3.90 $3.90
$2.00 MX$36.93
95.00%
Taxi (Normal Tariff) (1km)
$3.12 $3.12
$0.53 MX$9.86
488.68%
Taxi 1hour Waiting (Normal Tariff)
$30.20 $30.20
$5.62 MX$104
437.37%
Gasoline (1 liter)
$0.91 $0.91
$1.52 MX$28.07
-40.13%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$36.5K $36.5K
$21.0K MX$388.7K
73.46%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.8K $25.8K
$25.2K MX$465.3K
2.64%
🧾 Monthly Utilities & Internet
Key West, FL
Mexico City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$215 $215
$62.5 MX$1,155
244.26%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$54.4 $54.4
$28.77 MX$532
88.98%
Internet (50+ Mbps, Unlimited Data)
$73.3 $73.3
$34.45 MX$637
112.86%
🎉 Sport & Entertainment
Key West, FL
Mexico City
Difference
Gym Membership (Monthly)
$79.6 $79.6
$57.1 MX$1,055
39.40%
Tennis Court (1 Hour on Weekend)
-
$24.81 MX$458
-
Cinema Ticket
$14.05 $14.05
$6.67 MX$123
110.64%
🧸 Childcare & Education
Key West, FL
Mexico City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,090 $1,090
$431 MX$7,964
152.86%
International Primary School, 1 Child (Yearly)
$20.7K $20.7K
$11.7K MX$216.9K
76.51%
👕👟 Clothing & Footwear
Key West, FL
Mexico City
Difference
Jeans (Levis 501 Or Similar)
$47.58 $47.58
$70.8 MX$1,308
-32.79%
Summer Dress (H&M, Zara, etc)
$41.78 $41.78
$51.8 MX$958
-19.39%
Sport Shoes (Adidas, Nike)
$71.7 $71.7
$109 MX$2,011
-34.09%
Men's Leather Business Shoes
$69.1 $69.1
$112 MX$2,076
-38.47%
🏠 Accommodation & Living
Key West, FL
Mexico City
Difference
1-bedroom Apartment, City Center (Monthly)
$3,436 $3,436
$1,051 MX$19.4K
226.87%
1-bedroom Apartment, Outside City Center (Monthly)
$3,432 $3,432
$665 MX$12.3K
416.12%
3-bedroom Apartment, City Center (Monthly)
$7,122 $7,122
$2,346 MX$43.3K
203.63%
3-bedroom Apartment, Outside City Center (Monthly)
$6,144 $6,144
$1,227 MX$22.7K
400.92%
Buy Apartment in City Center (m2)
$9,644 $9,644
$3,554 MX$65.7K
171.37%
Buy Apartment Outside City Center (m2)
$9,886 $9,886
$1,977 MX$36.5K
400.07%
💵 Salaries & Financials
Key West, FL
Mexico City
Difference
Average Monthly Net Salary (After Tax)
$5,967 $5,967
$975 MX$18.0K
512.27%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.38
11.3
-43.54%

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

Last update for Key West, FL: October 13, 2026

Last update for Mexico City: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Key West, FL
$3.4K
Mexico City
$665 80.6% $2.8K
Groceries & Markets
Key West, FL
$457
Mexico City
$323 29.4% $135
Monthly Utilities & Internet
Key West, FL
$343
Mexico City
$126 63.3% $217
Eating Out
Key West, FL
$328
Mexico City
$203 38.2% $125
Sport & Entertainment
Key West, FL
$108
Mexico City
$70 34.6% $37
Clothing & Footwear
Key West, FL
$104
Mexico City
$155 49.3% $51
Getting Around
Key West, FL
$35 *
Mexico City
$26 27.2% $9.6

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

Cost Breakdown

A central one-bedroom costs $3,436 in Key West, FL versus $1,051 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 512% higher in Key West, FL, 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 $98.0 in Key West, FL versus $50.0 in Mexico City. Monthly groceries follow the same trend: $457 vs $323 – making Mexico City the more affordable choice for daily food spending.

Good to know
🇺🇸 Key West, FL
🇲🇽 Mexico City
🕒 Local time
23:25 11:25 PM
21:25 9:25 PM
2 h behind Key West, FL
🌤 Weather
👥 Population
24,684
9,209,944 Capital
💱 Currency
Exchange rates and currency converter

MXN, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

On the map
Between locations
  • Key West, FL Mexico City 1,870 km ≈ 2 h 45 min nonstop flight
From you
  • Key West, FL
  • 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
Key West, FL vs Mexico City: Cost of Living - Frequently Asked Questions
Is Mexico City cheaper than Key West, FL?
Yes – Key West, FL is pricier by about 207%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $7,211 per month in Key West, FL and $2,351 in Mexico City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Key West, FL or in Mexico City?
A mid-range dinner for two costs $98.0 in Key West, FL and $50.0 in Mexico City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Key West, FL and in Mexico City?
Groceries cost about 42% more in Key West, FL, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,000 a realistic budget for living in Key West, FL or in Mexico City?
A $2,000 monthly budget goes further in Mexico City, where all-in costs run around $1,567, than in Key West, FL at $4,808. In Mexico City it covers expenses comfortably, while in Key West, FL it requires careful planning or may not stretch far enough.
Is Key West, FL or Mexico City more family-friendly?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Mexico City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Key West, FL makes more sense. Both are solid long-term options with distinct trade-offs.

Key West, FL vs other spots: cost of living compared

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