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: $1,448 in Mexico City versus $3,287 in Ibiza.

Estimated couple costs with rent: $2,354 in Mexico City versus $4,221 in Ibiza.

Monthly costs for a family of three with rent: $3,260 in Mexico City versus $5,154 in Ibiza.

Living in Mexico City costs roughly 56% less than in Ibiza, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Mexico City 9% above, Ibiza 147% above.

Meal at Budget Restaurant

$12.96 MX$223

$17.08 €14.71

-24.12%

Three-Course Dinner for Two, Mid-Range

$52.3 MX$900

$70.5 €60.7

-25.78%

Fast Food Meal (McDonalds, etc)

$9.69 MX$167

$11.63 €10.01

-16.68%

Cappuccino

$3.75 MX$64.6

$2.63 €2.26

42.59%

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

$1.56 MX$26.91

$2.90 €2.50

-46.21%

Water (0.33 liter bottle)

$1.16 MX$19.93

$1.47 €1.27

-21.09%

Local Beer (0.5 liter draught)

$3.24 MX$55.8

$3.44 €2.96

-5.81%

Imported Beer (0.33 liter bottle)

$4.90 MX$84.3

$3.68 €3.17

33.15%

Milk (1 liter)

$1.70 MX$29.29

$1.41 €1.22

20.57%

White Bread (500g)

$2.67 MX$45.90

$3.48 €3.00

-23.28%

Rice (white) (1kg)

$1.89 MX$32.49

$1.36 €1.17

38.97%

Eggs

$2.52 MX$43.37

$2.83 €2.44

-10.95%

Local Cheese (1kg)

$10.02 MX$172

$21.23 €18.28

-52.80%

Chicken Fillets (1kg)

$8.53 MX$147

$8.61 €7.42

-0.93%

Beef Round Steak (1kg)

$11.94 MX$205

$14.78 €12.72

-19.22%

Apples (1kg)

$2.97 MX$51.1

$2.53 €2.17

17.39%

Banana (1kg)

$1.79 MX$30.88

$1.98 €1.71

-9.60%

Oranges (1kg)

$2.00 MX$34.40

$1.91 €1.64

4.71%

Tomato (1kg)

$1.96 MX$33.74

$2.67 €2.30

-26.59%

Potato (1kg)

$2.16 MX$37.21

$1.79 €1.54

20.67%

Onion (1kg)

$2.27 MX$39.04

$2.00 €1.73

13.50%

Lettuce (1 head)

$1.40 MX$24.14

$1.33 €1.14

5.26%

Water (1.5 liter bottle)

$1.11 MX$19.18

$0.37 €0.32

200.00%

Cigarettes 20 Pack (Marlboro, Camel)

$4.20 MX$72.2

$5.68 €4.89

-26.06%

Wine (Bottle)

$16.54 MX$285

Local Beer (0.5 liter bottle)

$1.68 MX$28.94

$1.43 €1.23

17.48%

Imported Beer (0.33 liter bottle)

$3.59 MX$61.8

$1.63 €1.40

120.25%

One-way Ticket (Public Transport)

$0.39 MX$6.65

$2.37 €2.04

-83.54%

Public Transport Monthly Pass (Regular Price)

$19.19 MX$330

$33.67 €28.99

-43.01%

Taxi Start (Normal Tariff)

$1.38 MX$23.77

$4.51 €3.89

-69.40%

Taxi (Normal Tariff) (1km)

$0.30 MX$5.19

$1.29 €1.11

-76.74%

Taxi 1hour Waiting (Normal Tariff)

$5.39 MX$92.7

$26.23 €22.59

-79.45%

Gasoline (1 liter)

$1.29 MX$22.13

$1.83 €1.58

-29.51%

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

$18.9K MX$325.1K

$38.5K €33.1K

-50.87%

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

$23.8K MX$409.5K

$30.1K €25.9K

-20.99%

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

$39.86 MX$686

$238 €205

-83.23%

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

$27.83 MX$479

$22.75 €19.59

22.33%

Internet (50+ Mbps, Unlimited Data)

$29.77 MX$512

$31.17 €26.84

-4.49%

Gym Membership (Monthly)

$52.0 MX$894

$86.8 €74.8

-40.16%

Tennis Court (1 Hour on Weekend)

$26.22 MX$451

$14.80 €12.75

77.16%

Cinema Ticket

$6.27 MX$108

$9.85 €8.48

-36.35%

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

$433 MX$7,443

$402 €346

7.52%

International Primary School, 1 Child (Yearly)

$10.5K MX$181.3K

$7,598 €6,542

38.71%

Jeans (Levis 501 Or Similar)

$57.0 MX$981

$73.6 €63.4

-22.52%

Summer Dress (H&M, Zara, etc)

$45.33 MX$780

$56.6 €48.77

-19.95%

Sport Shoes (Adidas, Nike)

$102 MX$1,753

$82.3 €70.9

23.78%

Men's Leather Business Shoes

$109 MX$1,867

$164 €141

-33.93%

1-bedroom Apartment, City Center (Monthly)

$994 MX$17.1K

$2,352 €2,025

-57.74%

1-bedroom Apartment, Outside City Center (Monthly)

$617 MX$10.6K

$2,045 €1,761

-69.84%

3-bedroom Apartment, City Center (Monthly)

$2,086 MX$35.9K

$2,706 €2,330

-22.89%

3-bedroom Apartment, Outside City Center (Monthly)

$1,256 MX$21.6K

$2,494 €2,147

-49.64%

Buy Apartment in City Center (m2)

$3,936 MX$67.7K

$7,237 €6,231

-45.61%

Buy Apartment Outside City Center (m2)

$2,089 MX$35.9K

$2,857 €2,460

-26.89%

Average Monthly Net Salary (After Tax)

$1,131 MX$19.5K

$1,988 €1,711

-43.07%

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: June 14, 2026

Last update for Ibiza: June 16, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $994 in Mexico City and $2,352 in Ibiza. Housing cost is often the main lever when comparing two cities.

Ibiza pays 76% 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: $52.0 in Mexico City vs $71.0 in Ibiza for a mid-range dinner for two. Groceries echo the gap at $292 vs $292 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 127% in total monthly costs ($1,448 vs $3,287 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Ibiza earns 76% 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: $994 in Mexico City versus $2,352 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 75% less than in Ibiza. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $433 in Mexico City versus $402 in Ibiza. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,448 in Mexico City versus $3,287 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 127% less than in Ibiza. Beyond cost, consider language, visa policies, and how big the international community is in each city.