Cost of Living Comparison Between Mexico City and Herceg Novi Cost of Living Comparison Between Mexico City and Herceg Novi

Monthly Cost of Living

Monthly costs for one person with rent: $1,456 in Mexico City versus $1,465 in Herceg Novi.

Estimated couple costs with rent: $2,361 in Mexico City versus $2,156 in Herceg Novi.

Monthly costs for a family of three with rent: $3,266 in Mexico City versus $2,848 in Herceg Novi.

Living in Mexico City costs roughly 1% less than in Herceg Novi, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Mexico City 9% above, Herceg Novi 10% above.

Currency
🍽 Eating Out
Mexico City
Herceg Novi
Difference
Meal at Budget Restaurant
$13.07 MX$228
$11.53 €10.09
13.36%
Three-Course Dinner for Two, Mid-Range
$53.8 MX$936
$37.39 €32.75
43.76%
Fast Food Meal (McDonalds, etc)
$9.68 MX$169
$10.47 €9.17
-7.55%
Cappuccino
$3.74 MX$65.1
$2.61 €2.29
43.30%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.62 MX$28.13
$2.82 €2.47
-42.55%
Water (0.33 liter bottle)
$1.16 MX$20.23
$1.94 €1.70
-40.21%
Local Beer (0.5 liter draught)
$3.23 MX$56.2
$2.93 €2.57
10.24%
Imported Beer (0.33 liter bottle)
$4.74 MX$82.5
$2.98 €2.61
59.06%
🛒 Groceries & Markets
Mexico City
Herceg Novi
Difference
Milk (1 liter)
$1.65 MX$28.68
$1.39 €1.22
18.71%
White Bread (500g)
$2.75 MX$47.95
$0.93 €0.81
195.70%
Rice (white) (1kg)
$1.87 MX$32.63
$2.53 €2.22
-26.09%
Eggs
$2.50 MX$43.54
$3.18 €2.78
-21.38%
Local Cheese (1kg)
$10.20 MX$178
$8.94 €7.83
14.09%
Chicken Fillets (1kg)
$8.25 MX$144
$7.63 €6.68
8.13%
Beef Round Steak (1kg)
$11.82 MX$206
$11.69 €10.23
1.11%
Apples (1kg)
$3.01 MX$52.4
$1.32 €1.16
128.03%
Banana (1kg)
$1.81 MX$31.54
$1.69 €1.48
7.10%
Oranges (1kg)
$2.00 MX$34.81
$1.63 €1.43
22.70%
Tomato (1kg)
$2.00 MX$34.74
$3.00 €2.62
-33.33%
Potato (1kg)
$2.08 MX$36.30
$1.09 €0.96
90.83%
Onion (1kg)
$2.27 MX$39.56
$1.40 €1.23
62.14%
Lettuce (1 head)
$1.46 MX$25.36
$1.55 €1.36
-5.81%
Water (1.5 liter bottle)
$1.08 MX$18.74
$0.82 €0.71
31.71%
Cigarettes 20 Pack (Marlboro, Camel)
$4.35 MX$75.7
$3.66 €3.21
18.85%
Wine (Bottle)
$16.99 MX$296
$4.66 €4.08
264.59%
Local Beer (0.5 liter bottle)
$1.73 MX$30.18
$1.23 €1.08
40.65%
Imported Beer (0.33 liter bottle)
$3.58 MX$62.3
$1.77 €1.55
102.26%
🚌 Getting Around
Mexico City
Herceg Novi
Difference
One-way Ticket (Public Transport)
$0.39 MX$6.74
$1.15 €1.00
-66.09%
Public Transport Monthly Pass (Regular Price)
$18.69 MX$325
$58.1 €50.9
-67.81%
Taxi Start (Normal Tariff)
$1.33 MX$23.08
$2.28 €1.99
-41.67%
Taxi (Normal Tariff) (1km)
$0.28 MX$4.87
$0.74 €0.65
-62.16%
Taxi 1hour Waiting (Normal Tariff)
$5.25 MX$91.5
$17.59 €15.41
-70.15%
Gasoline (1 liter)
$1.34 MX$23.27
$1.79 €1.57
-25.14%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.4K MX$338.0K
$34.1K €29.9K
-43.07%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.8K MX$415.0K
$22.1K €19.4K
7.71%
🧾 Monthly Utilities & Internet
Mexico City
Herceg Novi
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$40.69 MX$709
$139 €122
-70.69%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.87 MX$468
$16.73 €14.65
60.61%
Internet (50+ Mbps, Unlimited Data)
$30.51 MX$531
$31.83 €27.88
-4.15%
🎉 Sport & Entertainment
Mexico City
Herceg Novi
Difference
Gym Membership (Monthly)
$52.8 MX$919
$58.0 €50.8
-8.92%
Tennis Court (1 Hour on Weekend)
$26.65 MX$464
$11.58 €10.15
130.14%
Cinema Ticket
$6.51 MX$113
$8.24 €7.21
-21.00%
🧸 Childcare & Education
Mexico City
Herceg Novi
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$428 MX$7,454
$521 €456
-17.83%
International Primary School, 1 Child (Yearly)
$10.5K MX$182.8K
$7,796 €6,828
34.68%
👕👟 Clothing & Footwear
Mexico City
Herceg Novi
Difference
Jeans (Levis 501 Or Similar)
$57.3 MX$997
$87.2 €76.3
-34.32%
Summer Dress (H&M, Zara, etc)
$45.50 MX$792
$35.17 €30.80
29.37%
Sport Shoes (Adidas, Nike)
$104 MX$1,812
$75.7 €66.3
37.47%
Men's Leather Business Shoes
$108 MX$1,878
$96.4 €84.5
11.80%
🏠 Accommodation & Living
Mexico City
Herceg Novi
Difference
1-bedroom Apartment, City Center (Monthly)
$1,003 MX$17.5K
$741 €649
35.35%
1-bedroom Apartment, Outside City Center (Monthly)
$623 MX$10.8K
$564 €494
10.43%
3-bedroom Apartment, City Center (Monthly)
$2,109 MX$36.7K
$1,392 €1,219
51.51%
3-bedroom Apartment, Outside City Center (Monthly)
$1,218 MX$21.2K
$974 €853
25.03%
Buy Apartment in City Center (m2)
$3,885 MX$67.6K
$3,656 €3,202
6.26%
Buy Apartment Outside City Center (m2)
$2,033 MX$35.4K
$2,513 €2,201
-19.11%
💵 Salaries & Financials
Mexico City
Herceg Novi
Difference
Average Monthly Net Salary (After Tax)
$1,038 MX$18.1K
$1,059 €928
-2.03%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.34
5
126.80%

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

Last update for Mexico City: July 13, 2026

Last update for Herceg Novi: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,003 in Mexico City and $741 in Herceg Novi. Housing cost is often the main lever when comparing two cities.

Herceg Novi pays 2% 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: $54.0 in Mexico City vs $37.00 in Herceg Novi for a mid-range dinner for two. Groceries echo the gap at $292 vs $225 per month, with Herceg Novi 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
Mexico City vs Herceg Novi: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Mexico City and in Herceg Novi?
Mexico City and Herceg Novi differ by about 1% in total monthly costs ($1,456 vs $1,465 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 2% lower in Herceg Novi. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Mexico City and in Herceg Novi?
Rent for a central apartment: $1,003 in Mexico City versus $741 in Herceg Novi. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper grocery shopping?
Shoppers in Herceg Novi pay roughly 30% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.
Which city has cheaper restaurants?
Dining out is cheaper in Mexico City – a meal for two runs $54.0 versus $37.00 in Herceg Novi. If you eat out regularly, this makes a real dent in your monthly spending.
Which city is more doable on $2,000 per month?
At $1,456 in Mexico City versus $1,465 in Herceg Novi, a $2,000 budget is realistic in Mexico City but tight or insufficient in Herceg Novi. The gap between the two cities makes Mexico City the clear choice for anyone on this budget.
How does quality of life compare between Mexico City and Herceg Novi?
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.
Is Mexico City or Herceg Novi safer for residents?
Safety-wise, Mexico City and Herceg Novi are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Mexico City or Herceg Novi?
Expats usually find Mexico City gentler on the wallet – expenses run 1% less than in Herceg Novi. Beyond cost, consider language, visa policies, and how big the international community is in each city.

Mexico City vs other spots: cost of living compared

Similar cities