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

Monthly Cost of Living

Monthly costs for one person with rent: $1,484 in Mexico City versus $3,300 in Ibiza.

Estimated couple costs with rent: $2,381 in Mexico City versus $4,251 in Ibiza.

Monthly costs for a family of three with rent: $3,278 in Mexico City versus $5,202 in Ibiza.

Living in Mexico City costs roughly 55% less than in Ibiza, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Mexico City 11% above, Ibiza 146% above.

Meal at Budget Restaurant

$12.98 MX$227

$17.33 €14.83

-25.10%

Three-Course Dinner for Two, Mid-Range

$53.1 MX$929

$69.7 €59.7

-23.88%

Fast Food Meal (McDonalds, etc)

$9.72 MX$170

$11.59 €9.92

-16.13%

Cappuccino

$3.75 MX$65.6

$2.61 €2.24

43.68%

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

$1.57 MX$27.46

$2.88 €2.47

-45.49%

Water (0.33 liter bottle)

$1.13 MX$19.76

$1.53 €1.31

-26.14%

Local Beer (0.5 liter draught)

$3.18 MX$55.7

$3.51 €3.00

-9.40%

Imported Beer (0.33 liter bottle)

$4.66 MX$81.6

$3.68 €3.15

26.63%

Milk (1 liter)

$1.62 MX$28.37

$1.40 €1.20

15.71%

White Bread (500g)

$2.71 MX$47.36

$3.53 €3.02

-23.23%

Rice (white) (1kg)

$1.88 MX$32.89

$1.36 €1.16

38.24%

Eggs

$2.51 MX$43.90

$2.91 €2.49

-13.75%

Local Cheese (1kg)

$10.08 MX$176

$21.17 €18.12

-52.39%

Chicken Fillets (1kg)

$8.29 MX$145

$8.29 €7.09

Beef Round Steak (1kg)

$11.94 MX$209

$14.90 €12.76

-19.87%

Apples (1kg)

$2.86 MX$50.1

$2.46 €2.11

16.26%

Banana (1kg)

$1.75 MX$30.62

$2.05 €1.75

-14.63%

Oranges (1kg)

$2.08 MX$36.48

$1.89 €1.62

10.05%

Tomato (1kg)

$1.97 MX$34.46

$2.59 €2.22

-23.94%

Potato (1kg)

$2.16 MX$37.79

$1.78 €1.52

21.35%

Onion (1kg)

$2.18 MX$38.16

$1.98 €1.70

10.10%

Lettuce (1 head)

$1.39 MX$24.34

$1.39 €1.19

Water (1.5 liter bottle)

$1.12 MX$19.69

$0.34 €0.29

229.41%

Cigarettes 20 Pack (Marlboro, Camel)

$4.20 MX$73.5

$5.72 €4.89

-26.57%

Wine (Bottle)

$14.25 MX$249

$7.06 €6.04

101.84%

Local Beer (0.5 liter bottle)

$1.76 MX$30.85

$1.41 €1.21

24.82%

Imported Beer (0.33 liter bottle)

$3.68 MX$64.5

$1.70 €1.45

116.47%

One-way Ticket (Public Transport)

$0.39 MX$6.74

$2.40 €2.05

-83.75%

Public Transport Monthly Pass (Regular Price)

$18.66 MX$327

$34.26 €29.33

-45.53%

Taxi Start (Normal Tariff)

$1.39 MX$24.26

$4.48 €3.83

-68.97%

Taxi (Normal Tariff) (1km)

$0.30 MX$5.32

$1.23 €1.05

-75.61%

Taxi 1hour Waiting (Normal Tariff)

$5.42 MX$94.9

$25.90 €22.17

-79.07%

Gasoline (1 liter)

$1.35 MX$23.63

$1.88 €1.61

-28.19%

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

$18.9K MX$330.5K

$38.5K €33.0K

-50.99%

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

$23.2K MX$405.2K

$30.2K €25.9K

-23.41%

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

$40.82 MX$714

$238 €204

-82.86%

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

$27.50 MX$481

$22.84 €19.55

20.40%

Internet (50+ Mbps, Unlimited Data)

$30.38 MX$532

$32.27 €27.62

-5.86%

Gym Membership (Monthly)

$53.4 MX$935

$87.6 €74.9

-38.97%

Tennis Court (1 Hour on Weekend)

$26.30 MX$460

$15.19 €13.00

73.14%

Cinema Ticket

$6.27 MX$110

$10.02 €8.58

-37.43%

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

$436 MX$7,632

$404 €346

7.87%

International Primary School, 1 Child (Yearly)

$10.5K MX$183.2K

$7,472 €6,396

40.09%

Jeans (Levis 501 Or Similar)

$56.8 MX$993

$71.8 €61.5

-20.96%

Summer Dress (H&M, Zara, etc)

$44.79 MX$784

$57.7 €49.42

-22.43%

Sport Shoes (Adidas, Nike)

$103 MX$1,799

$83.6 €71.6

22.95%

Men's Leather Business Shoes

$108 MX$1,888

$164 €140

-34.20%

1-bedroom Apartment, City Center (Monthly)

$1,000 MX$17.5K

$2,335 €1,998

-57.18%

1-bedroom Apartment, Outside City Center (Monthly)

$620 MX$10.9K

$2,092 €1,790

-70.34%

3-bedroom Apartment, City Center (Monthly)

$2,137 MX$37.4K

$2,656 €2,274

-19.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,235 MX$21.6K

$2,488 €2,130

-50.36%

Buy Apartment in City Center (m2)

$3,865 MX$67.6K

$7,312 €6,259

-47.14%

Buy Apartment Outside City Center (m2)

$2,332 MX$40.8K

$2,795 €2,393

-16.57%

Average Monthly Net Salary (After Tax)

$1,067 MX$18.7K

$1,998 €1,710

-46.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.34

3.5

224.00%

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

Last update for Mexico City: April 27, 2026

Last update for Ibiza: April 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,000 in Mexico City and $2,335 in Ibiza. Housing cost is often the main lever when comparing two cities.

Ibiza pays 87% 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: $53.0 in Mexico City vs $70.0 in Ibiza for a mid-range dinner for two. Groceries echo the gap at $286 vs $305 per month, with Mexico City 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 Ibiza: Cost of Living - Frequently Asked Questions

Mexico City and Ibiza differ by about 122% in total monthly costs ($1,484 vs $3,300 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Ibiza earns 87% less. 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: $1,000 in Mexico City versus $2,335 in Ibiza. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 84% less than in Ibiza. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $436 in Mexico City versus $404 in Ibiza. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,484 in Mexico City versus $3,300 in Ibiza, a $2,000 budget is realistic in Mexico City but tight or insufficient in Ibiza. The gap between the two cities makes Mexico City 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 Ibiza 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 Mexico City gentler on the wallet – expenses run 122% less than in Ibiza. Beyond cost, consider language, visa policies, and how big the international community is in each city.