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: $1,467 in Mexico City versus $1,433 in Herceg Novi.

Estimated couple costs with rent: $2,371 in Mexico City versus $2,138 in Herceg Novi.

Monthly costs for a family of three with rent: $3,274 in Mexico City versus $2,842 in Herceg Novi.

Living in Mexico City is roughly 2% more expensive than Herceg Novi, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Mexico City 10% above, Herceg Novi 7% above.

Currency
🍽 Eating Out
Mexico City
Herceg Novi
Difference
Meal at Budget Restaurant
$13.18 MX$228
$11.79 €10.14
11.79%
Three-Course Dinner for Two, Mid-Range
$53.9 MX$932
$37.10 €31.92
45.28%
Fast Food Meal (McDonalds, etc)
$9.42 MX$163
$10.30 €8.86
-8.54%
Cappuccino
$3.55 MX$61.4
$2.63 €2.26
34.98%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.62 MX$27.98
$2.83 €2.44
-42.76%
Water (0.33 liter bottle)
$1.11 MX$19.27
$1.93 €1.66
-42.49%
Local Beer (0.5 liter draught)
$3.12 MX$54.0
$2.95 €2.53
5.76%
Imported Beer (0.33 liter bottle)
$4.63 MX$80.1
$2.95 €2.54
56.95%
🛒 Groceries & Markets
Mexico City
Herceg Novi
Difference
Milk (1 liter)
$1.70 MX$29.43
$1.41 €1.21
20.57%
White Bread (500g)
$2.72 MX$47.02
$0.91 €0.79
198.90%
Rice (white) (1kg)
$1.91 MX$33.07
$2.61 €2.24
-26.82%
Eggs
$2.54 MX$43.86
$3.23 €2.78
-21.36%
Local Cheese (1kg)
$10.03 MX$174
$8.90 €7.66
12.70%
Chicken Fillets (1kg)
$8.09 MX$140
$7.71 €6.64
4.93%
Beef Round Steak (1kg)
$11.62 MX$201
$11.74 €10.10
-1.02%
Apples (1kg)
$2.97 MX$51.3
$1.27 €1.09
133.86%
Banana (1kg)
$1.81 MX$31.24
$1.68 €1.45
7.74%
Oranges (1kg)
$2.01 MX$34.82
$1.64 €1.41
22.56%
Tomato (1kg)
$2.03 MX$35.20
$3.04 €2.62
-33.22%
Potato (1kg)
$2.12 MX$36.75
$1.14 €0.98
85.96%
Onion (1kg)
$2.27 MX$39.25
$1.41 €1.21
60.99%
Lettuce (1 head)
$1.40 MX$24.22
$1.52 €1.31
-7.89%
Water (1.5 liter bottle)
$1.13 MX$19.55
$0.76 €0.66
48.68%
Cigarettes 20 Pack (Marlboro, Camel)
$4.27 MX$73.9
$3.85 €3.31
10.91%
Wine (Bottle)
$15.56 MX$269
$4.57 €3.93
240.48%
Local Beer (0.5 liter bottle)
$1.76 MX$30.39
$1.25 €1.08
40.80%
Imported Beer (0.33 liter bottle)
$3.60 MX$62.2
$1.72 €1.48
109.30%
🚌 Getting Around
Mexico City
Herceg Novi
Difference
One-way Ticket (Public Transport)
$0.38 MX$6.62
$1.19 €1.03
-68.07%
Public Transport Monthly Pass (Regular Price)
$19.18 MX$332
$58.2 €50.1
-67.04%
Taxi Start (Normal Tariff)
$1.38 MX$23.79
$2.38 €2.04
-42.02%
Taxi (Normal Tariff) (1km)
$0.28 MX$4.78
$0.70 €0.60
-60.00%
Taxi 1hour Waiting (Normal Tariff)
$5.45 MX$94.2
$17.51 €15.06
-68.87%
Gasoline (1 liter)
$1.30 MX$22.55
$1.77 €1.53
-26.55%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.7K MX$323.2K
$32.9K €28.3K
-43.22%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.1K MX$400.1K
$22.3K €19.2K
3.71%
🧾 Monthly Utilities & Internet
Mexico City
Herceg Novi
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$40.86 MX$707
$138 €119
-70.35%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.81 MX$464
$16.74 €14.40
60.16%
Internet (50+ Mbps, Unlimited Data)
$29.96 MX$518
$31.48 €27.08
-4.83%
🎉 Sport & Entertainment
Mexico City
Herceg Novi
Difference
Gym Membership (Monthly)
$52.0 MX$900
$58.5 €50.3
-11.05%
Tennis Court (1 Hour on Weekend)
$26.84 MX$464
$11.53 €9.92
132.78%
Cinema Ticket
$6.30 MX$109
$7.94 €6.83
-20.65%
🧸 Childcare & Education
Mexico City
Herceg Novi
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$436 MX$7,544
$515 €443
-15.38%
International Primary School, 1 Child (Yearly)
$10.4K MX$180.2K
$7,897 €6,793
31.90%
👕👟 Clothing & Footwear
Mexico City
Herceg Novi
Difference
Jeans (Levis 501 Or Similar)
$56.7 MX$980
$85.6 €73.7
-33.84%
Summer Dress (H&M, Zara, etc)
$44.38 MX$768
$34.95 €30.07
26.98%
Sport Shoes (Adidas, Nike)
$103 MX$1,780
$76.1 €65.4
35.31%
Men's Leather Business Shoes
$106 MX$1,825
$97.5 €83.9
8.21%
🏠 Accommodation & Living
Mexico City
Herceg Novi
Difference
1-bedroom Apartment, City Center (Monthly)
$1,022 MX$17.7K
$760 €653
34.56%
1-bedroom Apartment, Outside City Center (Monthly)
$631 MX$10.9K
$550 €473
14.62%
3-bedroom Apartment, City Center (Monthly)
$2,136 MX$36.9K
$1,385 €1,192
54.20%
3-bedroom Apartment, Outside City Center (Monthly)
$1,243 MX$21.5K
$993 €854
25.19%
Buy Apartment in City Center (m2)
$3,903 MX$67.5K
$3,821 €3,287
2.14%
Buy Apartment Outside City Center (m2)
$2,064 MX$35.7K
$2,603 €2,239
-20.69%
💵 Salaries & Financials
Mexico City
Herceg Novi
Difference
Average Monthly Net Salary (After Tax)
$1,115 MX$19.3K
$1,082 €931
3.03%
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: May 31, 2026

Last update for Herceg Novi: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,022 in Mexico City and $760 in Herceg Novi. Housing cost is often the main lever when comparing two cities.

Mexico City pays 3% 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 $288 vs $226 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 Herceg Novi?
Mexico City and Herceg Novi differ by about 2% in total monthly costs ($1,467 vs $1,433 including rent). Herceg Novi is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city pays better: Mexico City or Herceg Novi?
Mexico City pays 3% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Mexico City and Herceg Novi?
Rent for a central apartment: $1,022 in Mexico City versus $760 in Herceg Novi. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 28% higher in Mexico City. For households that cook at home regularly, that difference adds up over a month.
Which city has cheaper restaurants?
Dining out is cheaper in Herceg Novi – a meal for two runs $37.00 versus $54.0 in Mexico City. 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 $1,433 in Herceg Novi versus $1,467 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.
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 Herceg Novi gentler on the wallet – expenses run 2% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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