Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Herceg Novi

For one person, living is cheaper in Herceg Novi: $1,257 a month against $1,548 in Mexico City, rent and utilities included – about $3,500 less a year. Rent and utilities account for most of the difference.

75

Cost of Living Index in Mexico City
Learn more

Mexico City Living Index
61

Cost of Living Index in Herceg Novi
Learn more

Herceg Novi Living Index

Jump to prices

Mexico City

🇲🇽 Mexico

$1,548

/mo nomad

Herceg Novi

🇲🇪 Montenegro

$1,257

/mo nomad

Monthly Cost of Living

How much you'll spend in Mexico City and in Herceg Novi

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Mexico City and in Herceg Novi actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,548 in Mexico City versus $1,257 in Herceg Novi.

Mexico City $1,548
Herceg Novi $1,257

Estimated couple costs with rent: $2,436 in Mexico City versus $1,997 in Herceg Novi.

Mexico City $2,436
Herceg Novi $1,997

Monthly costs for a family of three with rent: $3,323 in Mexico City versus $2,737 in Herceg Novi.

Mexico City $3,323
Herceg Novi $2,737

Living in Mexico City is roughly 23% more expensive than in Herceg Novi, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Mexico City is 14% above, Herceg Novi is 7% below.

Meal at Budget Restaurant

$11.02 MX$204

$11.23 €9.99

-1.87%

Three-Course Dinner for Two, Mid-Range

$48.68 MX$900

$36.29 €32.28

34.14%

Fast Food Meal (McDonalds, etc)

$10.90 MX$201

$9.16 €8.15

19.00%

Cappuccino

$3.68 MX$68.1

$2.65 €2.36

38.87%

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

$1.63 MX$30.18

$2.50 €2.23

-34.80%

Water (0.33 liter bottle)

$1.25 MX$23.07

$1.63 €1.45

-23.31%

Local Beer (0.5 liter draught)

$3.25 MX$60.1

$2.84 €2.53

14.44%

Imported Beer (0.33 liter bottle)

$5.53 MX$102

$3.34 €2.97

65.57%

Milk (1 liter)

$1.70 MX$31.50

$1.20 €1.07

41.67%

White Bread (500g)

$3.02 MX$55.8

$1.01 €0.90

199.01%

Rice (white) (1kg)

$1.92 MX$35.53

$2.93 €2.61

-34.47%

Eggs

$2.73 MX$50.5

$2.98 €2.65

-8.39%

Local Cheese (1kg)

$11.77 MX$218

$9.02 €8.02

30.49%

Chicken Fillets (1kg)

$9.53 MX$176

$7.43 €6.61

28.26%

Beef Round Steak (1kg)

$14.41 MX$266

$12.99 €11.56

10.93%

Apples (1kg)

$3.02 MX$55.8

$1.33 €1.18

127.07%

Banana (1kg)

$1.89 MX$35.01

$1.57 €1.39

20.38%

Oranges (1kg)

$1.99 MX$36.70

$1.63 €1.45

22.09%

Tomato (1kg)

$2.19 MX$40.38

$2.96 €2.63

-26.01%

Potato (1kg)

$1.92 MX$35.43

$0.95 €0.85

102.11%

Onion (1kg)

$1.87 MX$34.49

$1.29 €1.15

44.96%

Lettuce (1 head)

$1.44 MX$26.62

$1.54 €1.37

-6.49%

Water (1.5 liter bottle)

$1.27 MX$23.39

$0.95 €0.85

33.68%

Cigarettes 20 Pack (Marlboro, Camel)

$5.22 MX$96.4

$4.00 €3.56

30.50%

Wine (Bottle)

$16.17 MX$299

$4.37 €3.89

270.02%

Local Beer (0.5 liter bottle)

$1.90 MX$35.03

$1.28 €1.14

48.44%

Imported Beer (0.33 liter bottle)

$4.22 MX$78.0

$1.74 €1.55

142.53%

One-way Ticket (Public Transport)

$0.34 MX$6.30

$1.64 €1.46

-79.27%

Public Transport Monthly Pass (Regular Price)

$19.65 MX$363

$44.46 €39.55

-55.80%

Taxi Start (Normal Tariff)

$2.00 MX$36.90

$2.84 €2.53

-29.58%

Taxi (Normal Tariff) (1km)

$0.52 MX$9.67

$1.10 €0.97

-52.73%

Taxi 1hour Waiting (Normal Tariff)

$5.34 MX$98.7

$17.09 €15.20

-68.75%

Gasoline (1 liter)

$1.52 MX$28.13

$1.72 €1.53

-11.63%

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

$22.1K MX$408.0K

$32.3K €28.8K

-31.71%

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

$24.5K MX$452.9K

$21.4K €19.0K

14.61%

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

$61.1 MX$1,129

$136 €121

-55.16%

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

$28.58 MX$528

$13.14 €11.69

117.50%

Internet (50+ Mbps, Unlimited Data)

$34.47 MX$637

$33.88 €30.14

1.74%

Gym Membership (Monthly)

$56.4 MX$1,042

$56.6 €50.3

-0.37%

Tennis Court (1 Hour on Weekend)

$24.88 MX$460

$11.39 €10.13

118.44%

Cinema Ticket

$6.66 MX$123

$7.81 €6.94

-14.72%

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

$427 MX$7,891

$444 €395

-3.75%

International Primary School, 1 Child (Yearly)

$11.6K MX$215.0K

$7,024 €6,248

65.66%

Jeans (Levis 501 Or Similar)

$67.8 MX$1,253

$84.3 €75.0

-19.53%

Summer Dress (H&M, Zara, etc)

$52.0 MX$960

$33.74 €30.01

54.00%

Sport Shoes (Adidas, Nike)

$106 MX$1,959

$72.7 €64.7

45.89%

Men's Leather Business Shoes

$113 MX$2,080

$95.8 €85.2

17.47%

1-bedroom Apartment, City Center (Monthly)

$1,025 MX$18.9K

$651 €579

57.37%

1-bedroom Apartment, Outside City Center (Monthly)

$654 MX$12.1K

$399 €355

64.08%

3-bedroom Apartment, City Center (Monthly)

$2,308 MX$42.7K

$1,257 €1,118

83.70%

3-bedroom Apartment, Outside City Center (Monthly)

$1,242 MX$22.9K

$888 €790

39.82%

Buy Apartment in City Center (m2)

$3,613 MX$66.8K

$3,685 €3,278

-1.96%

Buy Apartment Outside City Center (m2)

$1,936 MX$35.8K

$2,421 €2,153

-20.04%

Average Monthly Net Salary (After Tax)

$964 MX$17.8K

$1,031 €917

-6.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.3

126.00%

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

Last update for Mexico City: October 20, 2026

Last update for Herceg Novi: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Mexico City

$654 42.3%

Herceg Novi

$399 31.7% 39.1% $255

Groceries & Markets

Mexico City

$318 20.6%

Herceg Novi

$228 18.1% 28.3% $90

Eating Out

Mexico City

$204 13.2%

Herceg Novi

$187 14.8% 8.5% $17

Clothing & Footwear

Mexico City

$152 9.8%

Herceg Novi

$129 10.3% 15.3% $23

Monthly Utilities & Internet

Mexico City

$124 8%

Herceg Novi

$183 14.6% 47.6% $59

Sport & Entertainment

Mexico City

$70 4.5%

Herceg Novi

$72 5.7% 3.6% $2.5

Getting Around

Mexico City

$26 1.7%

Herceg Novi

$59 4.7% 132% $34

Cost Breakdown

A one-bedroom apartment in the center runs $1,025 in Mexico City and $651 in Herceg Novi. Housing cost is often the main lever when comparing two cities.

Herceg Novi pays 7% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $49.00 in Mexico City vs $36.00 in Herceg Novi for a mid-range dinner for two. Groceries echo the gap at $318 vs $228 per month, with Herceg Novi cheaper across the board.

Good to know

🇲🇽 Mexico City

🇲🇪 Herceg Novi

🕒 Local time

07:32 7:32 AM

15:32 3:32 PM

8 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

11,059

💱 Currency

Mexican Peso MXN $

Euro EUR €

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 20, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Mexico City Herceg Novi 10,640 km ≈ 14 h nonstop flight

From you

Mexico City
Herceg Novi

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

Mexico City vs Herceg Novi: Cost of Living - Frequently Asked Questions

Mexico City and Herceg Novi differ by about 23% in total monthly costs ($1,548 vs $1,257 including rent). Herceg Novi is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 7% 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.

Rent for a central apartment: $1,025 in Mexico City versus $651 in Herceg Novi. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 39% higher in Mexico City. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Herceg Novi – a meal for two runs $36.00 versus $49.00 in Mexico City. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,257 in Herceg Novi versus $1,548 in Mexico City, a $2,000 budget is realistic in Herceg Novi but tight or insufficient in Mexico City. The gap between the two cities makes Herceg Novi 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, 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.

Expats usually find Herceg Novi gentler on the wallet – expenses run 23% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.