Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Ibiza

For one person, living is cheaper in Mexico City: $1,608 a month against $2,581 in Ibiza, rent and utilities included – about $11,700 less a year. Higher rent and utilities in Ibiza outweigh lower spending on other living expenses.

78

Cost of Living Index in Mexico City
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Mexico City Living Index
125

Cost of Living Index in Ibiza
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Ibiza Living Index

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Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Ibiza

🇪🇸 Spain

$2,581

/mo nomad

Monthly Cost of Living

How much you'll spend in Mexico City and in Ibiza

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 Ibiza actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,608 in Mexico City versus $2,581 in Ibiza.

Mexico City $1,608
Ibiza $2,581

Estimated couple costs with rent: $2,549 in Mexico City versus $3,743 in Ibiza.

Mexico City $2,549
Ibiza $3,743

Monthly costs for a family of three with rent: $3,490 in Mexico City versus $4,904 in Ibiza.

Mexico City $3,490
Ibiza $4,904

Living in Mexico City costs roughly 38% less than in Ibiza, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Mexico City 18% above, Ibiza 90% above.

Meal at Budget Restaurant

$10.62 MX$199

$22.60 €20.16

-53.01%

Three-Course Dinner for Two, Mid-Range

$48.35 MX$906

$89.2 €79.5

-45.77%

Fast Food Meal (McDonalds, etc)

$10.35 MX$194

$12.19 €10.87

-15.09%

Cappuccino

$3.69 MX$69.2

$3.30 €2.95

11.82%

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

$1.67 MX$31.23

$2.77 €2.47

-39.71%

Water (0.33 liter bottle)

$1.27 MX$23.71

$2.46 €2.20

-48.37%

Local Beer (0.5 liter draught)

$3.19 MX$59.8

$3.44 €3.07

-7.27%

Imported Beer (0.33 liter bottle)

$5.31 MX$99.5

$4.11 €3.67

29.20%

Milk (1 liter)

$1.72 MX$32.32

$1.32 €1.18

30.30%

White Bread (500g)

$3.04 MX$57.0

$3.43 €3.06

-11.37%

Rice (white) (1kg)

$1.94 MX$36.38

$3.94 €3.52

-50.76%

Eggs

$2.89 MX$54.1

Local Cheese (1kg)

$10.97 MX$206

$17.91 €15.98

-38.75%

Chicken Fillets (1kg)

$9.25 MX$173

$9.38 €8.37

-1.39%

Beef Round Steak (1kg)

$15.13 MX$283

Apples (1kg)

$3.05 MX$57.1

Banana (1kg)

$1.94 MX$36.38

$1.96 €1.75

-1.02%

Oranges (1kg)

$2.03 MX$37.95

Tomato (1kg)

$2.31 MX$43.38

$2.49 €2.23

-7.23%

Potato (1kg)

$2.04 MX$38.14

$2.47 €2.21

-17.41%

Onion (1kg)

$1.80 MX$33.73

Lettuce (1 head)

$1.48 MX$27.72

$1.66 €1.48

-10.84%

Water (1.5 liter bottle)

$1.27 MX$23.75

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$99.4

Wine (Bottle)

$16.10 MX$302

$9.90 €8.83

62.63%

Local Beer (0.5 liter bottle)

$1.98 MX$37.16

$1.29 €1.15

53.49%

Imported Beer (0.33 liter bottle)

$4.25 MX$79.7

$1.55 €1.38

174.19%

One-way Ticket (Public Transport)

$0.31 MX$5.72

$2.23 €1.99

-86.10%

Public Transport Monthly Pass (Regular Price)

$19.73 MX$370

Taxi Start (Normal Tariff)

$1.84 MX$34.44

$4.51 €4.03

-59.20%

Taxi (Normal Tariff) (1km)

$0.53 MX$10.00

$1.33 €1.19

-60.15%

Taxi 1hour Waiting (Normal Tariff)

$5.30 MX$99.2

$24.71 €22.05

-78.55%

Gasoline (1 liter)

$1.51 MX$28.31

$1.83 €1.63

-17.49%

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

$21.8K MX$407.7K

$35.5K €31.7K

-38.70%

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

$24.0K MX$449.5K

$29.5K €26.3K

-18.73%

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

$63.0 MX$1,180

$212 €189

-70.34%

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

$27.39 MX$513

$18.99 €16.94

44.23%

Internet (50+ Mbps, Unlimited Data)

$35.67 MX$668

$31.31 €27.93

13.93%

Gym Membership (Monthly)

$58.9 MX$1,105

$97.3 €86.8

-39.39%

Tennis Court (1 Hour on Weekend)

$23.64 MX$443

$41.44 €36.97

-42.95%

Cinema Ticket

$6.40 MX$120

$9.92 €8.85

-35.48%

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

$432 MX$8,088

$839 €749

-48.57%

International Primary School, 1 Child (Yearly)

$11.4K MX$214.1K

$22.4K €20.0K

-49.06%

Jeans (Levis 501 Or Similar)

$68.2 MX$1,278

$59.0 €52.6

15.67%

Summer Dress (H&M, Zara, etc)

$53.1 MX$996

Sport Shoes (Adidas, Nike)

$108 MX$2,020

$72.1 €64.4

49.42%

Men's Leather Business Shoes

$117 MX$2,198

1-bedroom Apartment, City Center (Monthly)

$1,113 MX$20.9K

$2,044 €1,824

-45.54%

1-bedroom Apartment, Outside City Center (Monthly)

$710 MX$13.3K

$1,588 €1,417

-55.25%

3-bedroom Apartment, City Center (Monthly)

$2,588 MX$48.5K

$3,989 €3,559

-35.12%

3-bedroom Apartment, Outside City Center (Monthly)

$1,406 MX$26.3K

$2,595 €2,316

-45.83%

Buy Apartment in City Center (m2)

$3,631 MX$68.0K

$6,929 €6,182

-47.60%

Buy Apartment Outside City Center (m2)

$2,135 MX$40.0K

$2,685 €2,396

-20.49%

Average Monthly Net Salary (After Tax)

$946 MX$17.7K

$1,842 €1,643

-48.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

3.33

240.84%

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

Last update for Mexico City: October 25, 2026

Last update for Ibiza: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$710 44.2%

Ibiza

$1.6K 61.5% 124% $877

Groceries & Markets

Mexico City

$320 19.9%

Ibiza

$232 * 9% 27.5% $88

Eating Out

Mexico City

$199 12.4%

Ibiza

$303 11.8% 52.7% $105

Clothing & Footwear

Mexico City

$156 9.7%

Ibiza

$59 * 2.3% 62.2% $97

Monthly Utilities & Internet

Mexico City

$126 7.8%

Ibiza

$263 10.2% 108% $137

Sport & Entertainment

Mexico City

$72 4.5%

Ibiza

$117 4.5% 63.2% $45

Getting Around

Mexico City

$25 1.6%

Ibiza

$20 * 0.8% 21.1% $5.4

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,113 in Mexico City and $2,044 in Ibiza. Housing cost is often the main lever when comparing two cities.

Ibiza pays 95% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Mexico City vs $89 in Ibiza. Groceries flip the comparison at $320 vs $232, with Ibiza cheaper for home cooking.

Good to know

🇲🇽 Mexico City

🇪🇸 Ibiza

🕒 Local time

15:01 3:01 PM

22:01 10:01 PM

7 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

49,727

💱 Currency

Mexican Peso MXN $

Euro EUR €

📈 Exchange rate

100 MXN = 5.34 USD

100 MXN = 4.76 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 November 2, 2026: 1 USD = 18.74 MXN (100 MXN = 5.34 USD). 1 EUR = 21 MXN (100 MXN = 4.76 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to MXN in detail →

On the map

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Between locations

Mexico City Ibiza 9,530 km ≈ 12 h nonstop flight

From you

Mexico City
Ibiza

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 Ibiza: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,608 in Mexico City and $2,581 in Ibiza, so Mexico City is about 38% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 49% lower in Mexico City. 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: $1,113 in Mexico City versus $2,044 in Ibiza. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $432 in Mexico City versus $839 in Ibiza. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Mexico City – a meal for two runs $48 versus $89 in Ibiza. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Mexico City gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.

It comes down to priorities – Mexico City wins on affordability, Ibiza on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.