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

πŸ™‚ Solo nomad: Mexico City is 29.5% cheaper than Banff without rent, and 36.5% cheaper with rent.
πŸ™‚ Family of 3: Mexico City is 29.8% cheaper than Banff without rent, and 47.2% cheaper with rent.
Currency
🍽 Eating Out
Mexico City
Banff
Difference
Meal at Budget Restaurant
$13.38 MX$253
$22.02 CA$29.98
-39.24%
Three-Course Dinner for Two, Mid-Range
$52.7 MX$997
$74 CA$101
-28.77%
Fast Food Meal (McDonalds, etc)
$9.31 MX$176
$10.12 CA$13.78
-8.00%
Cappuccino
$3.61 MX$68.3
$4.42 CA$6.02
-18.33%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.64 MX$30.91
$1.69 CA$2.3
-2.96%
Water (0.33 liter bottle)
$1.12 MX$21.14
$1.94 CA$2.65
-42.27%
Local Beer (0.5 liter draught)
$3.26 MX$61.7
$5.63 CA$7.66
-42.10%
Imported Beer (0.33 liter bottle)
$4.82 MX$91.1
$8.86 CA$12.06
-45.60%
πŸ›’ Groceries & Markets
Mexico City
Banff
Difference
Milk (1 liter)
$1.65 MX$31.24
$2.21 CA$3
-25.34%
White Bread (500g)
$2.74 MX$51.7
$2.32 CA$3.16
18.10%
Rice (white) (1kg)
$1.92 MX$36.28
$5.96 CA$8.11
-67.79%
Eggs
$2.51 MX$47.53
$3.83 CA$5.22
-34.46%
Local Cheese (1kg)
$9.89 MX$187
$12.54 CA$17.08
-21.13%
Chicken Fillets (1kg)
$8.39 MX$159
$14.4 CA$19.6
-41.74%
Beef Round Steak (1kg)
$11.95 MX$226
$12.49 CA$17
-4.32%
Apples (1kg)
$2.87 MX$54.3
$4.28 CA$5.82
-32.94%
Banana (1kg)
$1.74 MX$32.85
$1.57 CA$2.13
10.83%
Oranges (1kg)
$2 MX$37.81
$4.97 CA$6.77
-59.76%
Tomato (1kg)
$2.07 MX$39.14
$5.1 CA$6.94
-59.41%
Potato (1kg)
$2.05 MX$38.78
$2.92 CA$3.98
-29.79%
Onion (1kg)
$2.18 MX$41.22
$3.21 CA$4.37
-32.09%
Lettuce (1 head)
$1.38 MX$26.16
$3.54 CA$4.82
-61.02%
Water (1.5 liter bottle)
$1.11 MX$21.06
$2.79 CA$3.8
-60.22%
Cigarettes 20 Pack (Marlboro, Camel)
$4.16 MX$78.6
$14.77 CA$20.1
-71.83%
Wine (Bottle)
$11.05 MX$209
$16.41 CA$22.34
-32.66%
Local Beer (0.5 liter bottle)
$1.75 MX$33.16
$5.05 CA$6.87
-65.35%
Imported Beer (0.33 liter bottle)
$3.7 MX$70
$3.01 CA$4.1
22.92%
🚌 Getting Around
Mexico City
Banff
Difference
One-way Ticket (Public Transport)
$0.38 MX$7.25
$1.45 CA$1.98
-73.79%
Public Transport Monthly Pass (Regular Price)
$18.97 MX$359
$21.76 CA$29.61
-12.82%
Taxi Start (Normal Tariff)
$1.36 MX$25.72
$5.58 CA$7.6
-75.63%
Taxi (Normal Tariff) (1km)
$0.28 MX$5.25
$3.17 CA$4.32
-91.17%
Taxi 1hour Waiting (Normal Tariff)
$5.3 MX$100
$19.19 CA$26.12
-72.38%
Gasoline (1 liter)
$1.36 MX$25.63
$1.01 CA$1.37
34.65%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.8K MX$354.6K
$24.6K CA$33.5K
-23.67%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.4K MX$441.7K
$21K CA$28.5K
11.44%
🧾 Monthly Utilities & Internet
Mexico City
Banff
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$39.97 MX$756
$203 CA$277
-80.35%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.48 MX$519
$57.4 CA$78.1
-52.09%
Internet (50+ Mbps, Unlimited Data)
$30.22 MX$571
$69.4 CA$94.4
-56.44%
πŸŽ‰ Sport & Entertainment
Mexico City
Banff
Difference
Gym Membership (Monthly)
$52.6 MX$994
$77.6 CA$106
-32.18%
Tennis Court (1 Hour on Weekend)
$26.84 MX$507
$36.23 CA$49.32
-25.92%
Cinema Ticket
$6.32 MX$120
$8.8 CA$11.98
-28.18%
🧸 Childcare & Education
Mexico City
Banff
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$437 MX$8,258
$871 CA$1,185
-49.84%
International Primary School, 1 Child (Yearly)
$10.6K MX$199.9K
$11.6K CA$15.7K
-8.48%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Mexico City
Banff
Difference
Jeans (Levis 501 Or Similar)
$57.2 MX$1,082
$43.5 CA$59.2
31.54%
Summer Dress (H&M, Zara, etc)
$45.14 MX$853
$46.2 CA$62.9
-2.29%
Sport Shoes (Adidas, Nike)
$102 MX$1,928
$92.6 CA$126
10.11%
Men's Leather Business Shoes
$109 MX$2,056
$111 CA$151
-1.89%
🏠 Accommodation & Living
Mexico City
Banff
Difference
1-bedroom Apartment, City Center (Monthly)
$1,000 MX$18.9K
$897 CA$1,221
11.44%
1-bedroom Apartment, Outside City Center (Monthly)
$622 MX$11.8K
$876 CA$1,193
-29.01%
3-bedroom Apartment, City Center (Monthly)
$2,160 MX$40.8K
$1,310 CA$1,783
64.93%
3-bedroom Apartment, Outside City Center (Monthly)
$1,235 MX$23.3K
$3,143 CA$4,278
-60.70%
Buy Apartment in City Center (m2)
$3,566 MX$67.4K
$5,492 CA$7,476
-35.08%
Buy Apartment Outside City Center (m2)
$2,480 MX$46.9K
$4,437 CA$6,040
-44.11%
πŸ’΅ Salaries & Financials
Mexico City
Banff
Difference
Average Monthly Net Salary (After Tax)
$867 MX$16.4K
$2,279 CA$3,102
-61.94%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.34
6.62
71.30%

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

Last update for Mexico City: October 28, 2025

Last update for Banff: October 28, 2025

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