πA single person spends $4,812 per month in Key West, FL vs $1,467 in Mexico City, rent included.
πA couple spends around $6,960 per month in Key West, FL vs $2,371 in Mexico City, rent included.
πA family of three spends $9,109 per month in Key West, FL vs $3,274 in Mexico City, rent included.
πKey West, FL costs about 228% more than Mexico City, driven mainly by Groceries & Markets.
πBoth Key West, FL and Mexico City sit above the global median β Key West, FL by 259%, Mexico City by 10%.
Currency
π½ Eating Out
Key West, FL
Mexico City
Difference
Meal at Budget Restaurant
$22.88$22.88
$13.18MX$228
73.60%
Three-Course Dinner for Two, Mid-Range
$86.3$86.3
$53.9MX$932
60.15%
Fast Food Meal(McDonalds, etc)
$12.14$12.14
$9.42MX$163
28.87%
Cappuccino
$4.42$4.42
$3.55MX$61.4
24.51%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$2.51$2.51
$1.62MX$27.98
54.94%
Water(0.33 liter bottle)
$2.08$2.08
$1.11MX$19.27
87.39%
Local Beer(0.5 liter draught)
$5.92$5.92
$3.12MX$54.0
89.74%
Imported Beer(0.33 liter bottle)
$7.43$7.43
$4.63MX$80.1
60.48%
π Groceries & Markets
Key West, FL
Mexico City
Difference
Milk(1 liter)
$1.10$1.10
$1.70MX$29.43
-35.29%
White Bread(500g)
$3.71$3.71
$2.72MX$47.02
36.40%
Rice(white)(1kg)
$3.86$3.86
$1.91MX$33.07
102.09%
Eggs
$4.77$4.77
$2.54MX$43.86
87.80%
Local Cheese(1kg)
$11.36$11.36
$10.03MX$174
13.26%
Chicken Fillets(1kg)
$13.58$13.58
$8.09MX$140
67.86%
Beef Round Steak(1kg)
$27.84$27.84
$11.62MX$201
139.59%
Apples(1kg)
$5.00$5.00
$2.97MX$51.3
68.35%
Banana(1kg)
$1.79$1.79
$1.81MX$31.24
-1.10%
Oranges(1kg)
$4.54$4.54
$2.01MX$34.82
125.87%
Tomato(1kg)
$6.32$6.32
$2.03MX$35.20
211.33%
Potato(1kg)
$6.07$6.07
$2.12MX$36.75
186.32%
Onion(1kg)
$8.60$8.60
$2.27MX$39.25
278.85%
Lettuce(1 head)
$3.54$3.54
$1.40MX$24.22
152.86%
Water(1.5 liter bottle)
$3.16$3.16
$1.13MX$19.55
179.65%
Cigarettes 20 Pack(Marlboro, Camel)
$7.80$7.80
$4.27MX$73.9
82.67%
Wine(Bottle)
$14.16$14.16
$15.56MX$269
-9.00%
Local Beer(0.5 liter bottle)
$1.99$1.99
$1.76MX$30.39
13.07%
Imported Beer(0.33 liter bottle)
$2.27$2.27
$3.60MX$62.2
-36.94%
π Getting Around
Key West, FL
Mexico City
Difference
One-way Ticket(Public Transport)
$3.91$3.91
$0.38MX$6.62
928.95%
Public Transport Monthly Pass(Regular Price)
-
$19.18MX$332
-
Taxi Start(Normal Tariff)
$4.10$4.10
$1.38MX$23.79
197.10%
Taxi(Normal Tariff)(1km)
$1.52$1.52
$0.28MX$4.78
442.86%
Taxi 1hour Waiting(Normal Tariff)
$29.71$29.71
$5.45MX$94.2
445.14%
Gasoline(1 liter)
$0.82$0.82
$1.30MX$22.55
-36.92%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.1K$25.1K
$18.7KMX$323.2K
34.55%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.9K$23.9K
$23.1KMX$400.1K
3.39%
π§Ύ Monthly Utilities & Internet
Key West, FL
Mexico City
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$244$244
$40.86MX$707
498.19%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$48.41$48.41
$26.81MX$464
80.57%
Internet(50+ Mbps, Unlimited Data)
$68.7$68.7
$29.96MX$518
129.17%
π Sport & Entertainment
Key West, FL
Mexico City
Difference
Gym Membership(Monthly)
$79.4$79.4
$52.0MX$900
52.58%
Tennis Court(1 Hour on Weekend)
-
$26.84MX$464
-
Cinema Ticket
$13.89$13.89
$6.30MX$109
120.48%
π§Έ Childcare & Education
Key West, FL
Mexico City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$1,252$1,252
$436MX$7,544
187.04%
International Primary School, 1 Child(Yearly)
$23.2K$23.2K
$10.4KMX$180.2K
122.55%
ππ Clothing & Footwear
Key West, FL
Mexico City
Difference
Jeans(Levis 501 Or Similar)
$31.88$31.88
$56.7MX$980
-43.72%
Summer Dress(H&M, Zara, etc)
$41.43$41.43
$44.38MX$768
-6.65%
Sport Shoes(Adidas, Nike)
$65.4$65.4
$103MX$1,780
-36.46%
Men's Leather Business Shoes
$61.2$61.2
$106MX$1,825
-41.96%
π Accommodation & Living
Key West, FL
Mexico City
Difference
1-bedroom Apartment, City Center(Monthly)
$3,435$3,435
$1,022MX$17.7K
236.15%
1-bedroom Apartment, Outside City Center(Monthly)
$3,425$3,425
$631MX$10.9K
442.96%
3-bedroom Apartment, City Center(Monthly)
$7,149$7,149
$2,136MX$36.9K
234.69%
3-bedroom Apartment, Outside City Center(Monthly)
$5,999$5,999
$1,243MX$21.5K
382.65%
Buy Apartment in City Center(m2)
$9,876$9,876
$3,903MX$67.5K
153.06%
Buy Apartment Outside City Center(m2)
$9,710$9,710
$2,064MX$35.7K
370.39%
π΅ Salaries & Financials
Key West, FL
Mexico City
Difference
Average Monthly Net Salary(After Tax)
$5,852$5,852
$1,115MX$19.3K
424.83%
20-Year Fixed Mortgage Interest Rate(Annual %)
6.39
11.34
-43.65%
CityCost data is based on AI and user input β minor inaccuracies may occur.
Last update for Key West, FL: May 30, 2026
Last update for Mexico City: May 31, 2026
Cost Breakdown
π A central one-bedroom costs $3,435 in Key West, FL versus $1,022 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.
π°Salaries run about 425% higher in Key West, FL, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.
πA mid-range dinner for two costs $86.0 in Key West, FL versus $54.0 in Mexico City. Monthly groceries follow the same trend: $484 vs $288 β making Mexico City the more affordable choice for daily food spending.
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 β Key West, FL is pricier by about 228%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $7,217 per month in Key West, FL and $2,201 in Mexico City. That covers rent, food, utilities, transport, and enough left over to feel settled β 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 Mexico City?
How do food prices compare in Key West, FL and Mexico City?
Groceries cost about 68% 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 Key West, FL or Mexico City?
A $2,000 monthly budget goes further in Mexico City, where all-in costs run around $1,467, than in Key West, FL at $4,812. 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 β 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