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

Monthly Cost of Living

A single person spends $1,472 per month in Mexico City vs $1,450 in Icheon, rent included.

A couple spends around $2,359 per month in Mexico City vs $2,276 in Icheon, rent included.

A family of three spends $3,245 per month in Mexico City vs $3,101 in Icheon, rent included.

Mexico City costs about 1% more than Icheon, driven mainly by Groceries & Markets.

Both Mexico City and Icheon sit above the global median – Mexico City by 11%, Icheon by 9%.

Currency
🍽 Eating Out
Mexico City
Icheon
Difference
Meal at Budget Restaurant
$13.14 MX$227
$6.19 ₩8,905
112.28%
Three-Course Dinner for Two, Mid-Range
$53.5 MX$926
$37.33 ₩53.7K
43.40%
Fast Food Meal (McDonalds, etc)
$9.33 MX$161
$6.18 ₩8,894
50.97%
Cappuccino
$3.70 MX$64.0
$4.05 ₩5,832
-8.64%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.60 MX$27.76
$1.30 ₩1,873
23.08%
Water (0.33 liter bottle)
$1.12 MX$19.34
$1.20 ₩1,729
-6.67%
Local Beer (0.5 liter draught)
$3.14 MX$54.3
$3.75 ₩5,397
-16.27%
Imported Beer (0.33 liter bottle)
$4.85 MX$83.9
$6.01 ₩8,649
-19.30%
🛒 Groceries & Markets
Mexico City
Icheon
Difference
Milk (1 liter)
$1.65 MX$28.61
$2.34 ₩3,360
-29.49%
White Bread (500g)
$2.71 MX$46.96
$3.49 ₩5,020
-22.35%
Rice (white) (1kg)
$1.91 MX$33.03
$3.10 ₩4,460
-38.39%
Eggs
$2.59 MX$44.81
$2.89 ₩4,156
-10.38%
Local Cheese (1kg)
$9.81 MX$170
$10.29 ₩14.8K
-4.66%
Chicken Fillets (1kg)
$8.43 MX$146
$8.08 ₩11.6K
4.33%
Beef Round Steak (1kg)
$11.93 MX$206
$28.05 ₩40.3K
-57.47%
Apples (1kg)
$2.95 MX$51.1
$8.53 ₩12.3K
-65.42%
Banana (1kg)
$1.74 MX$30.10
$3.15 ₩4,535
-44.76%
Oranges (1kg)
$2.04 MX$35.38
$7.56 ₩10.9K
-73.02%
Tomato (1kg)
$2.06 MX$35.64
$5.31 ₩7,636
-61.21%
Potato (1kg)
$2.15 MX$37.20
$5.02 ₩7,219
-57.17%
Onion (1kg)
$2.26 MX$39.02
$2.95 ₩4,250
-23.39%
Lettuce (1 head)
$1.39 MX$23.97
$2.01 ₩2,887
-30.85%
Water (1.5 liter bottle)
$1.12 MX$19.31
$1.17 ₩1,676
-4.27%
Cigarettes 20 Pack (Marlboro, Camel)
$4.22 MX$73.0
$3.35 ₩4,825
25.97%
Wine (Bottle)
$17.51 MX$303
$16.91 ₩24.3K
3.55%
Local Beer (0.5 liter bottle)
$1.71 MX$29.58
$1.70 ₩2,445
0.59%
Imported Beer (0.33 liter bottle)
$3.63 MX$62.8
$3.44 ₩4,945
5.52%
🚌 Getting Around
Mexico City
Icheon
Difference
One-way Ticket (Public Transport)
$0.35 MX$6.10
$1.13 ₩1,623
-69.03%
Public Transport Monthly Pass (Regular Price)
$19.32 MX$334
-
-
Taxi Start (Normal Tariff)
$1.38 MX$23.80
$3.57 ₩5,142
-61.34%
Taxi (Normal Tariff) (1km)
$0.28 MX$4.77
$0.79 ₩1,133
-64.56%
Taxi 1hour Waiting (Normal Tariff)
$5.28 MX$91.3
$16.68 ₩24.0K
-68.35%
Gasoline (1 liter)
$1.36 MX$23.50
$1.21 ₩1,746
12.40%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.1K MX$330.5K
$27.8K ₩40.0M
-31.31%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.6K MX$408.4K
$25.1K ₩36.1M
-5.94%
🧾 Monthly Utilities & Internet
Mexico City
Icheon
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$40.53 MX$701
$190 ₩273.2K
-78.66%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.38 MX$474
$50.1 ₩72.0K
-45.33%
Internet (50+ Mbps, Unlimited Data)
$30.38 MX$526
$28.03 ₩40.3K
8.38%
🎉 Sport & Entertainment
Mexico City
Icheon
Difference
Gym Membership (Monthly)
$52.2 MX$903
$22.43 ₩32.3K
132.81%
Tennis Court (1 Hour on Weekend)
$26.48 MX$458
-
-
Cinema Ticket
$6.19 MX$107
$11.09 ₩16.0K
-44.18%
🧸 Childcare & Education
Mexico City
Icheon
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$425 MX$7,355
$488 ₩701.4K
-12.83%
International Primary School, 1 Child (Yearly)
$10.7K MX$185.7K
$13.9K ₩19.9M
-22.56%
👕👟 Clothing & Footwear
Mexico City
Icheon
Difference
Jeans (Levis 501 Or Similar)
$58.3 MX$1,009
$102 ₩146.8K
-42.89%
Summer Dress (H&M, Zara, etc)
$44.57 MX$771
$47.77 ₩68.7K
-6.70%
Sport Shoes (Adidas, Nike)
$103 MX$1,791
$87.6 ₩126.0K
18.10%
Men's Leather Business Shoes
$109 MX$1,881
$117 ₩168.7K
-7.27%
🏠 Accommodation & Living
Mexico City
Icheon
Difference
1-bedroom Apartment, City Center (Monthly)
$1,014 MX$17.5K
$724 ₩1.0M
40.06%
1-bedroom Apartment, Outside City Center (Monthly)
$623 MX$10.8K
$378 ₩543.3K
64.85%
3-bedroom Apartment, City Center (Monthly)
$2,119 MX$36.7K
$1,085 ₩1.6M
95.33%
3-bedroom Apartment, Outside City Center (Monthly)
$1,223 MX$21.2K
$772 ₩1.1M
58.37%
Buy Apartment in City Center (m2)
$3,792 MX$65.6K
-
-
Buy Apartment Outside City Center (m2)
$2,110 MX$36.5K
-
-
💵 Salaries & Financials
Mexico City
Icheon
Difference
Average Monthly Net Salary (After Tax)
$1,052 MX$18.2K
$2,116 ₩3.0M
-50.26%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.34
3.9
190.77%

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

Last update for Mexico City: July 25, 2026

Last update for Icheon: July 27, 2026

Cost Breakdown

A central one-bedroom costs $1,014 in Mexico City versus $724 in Icheon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 101% higher in Icheon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $54.0 in Mexico City versus $37.00 in Icheon. Groceries tell a different story – $293 in Mexico City vs $448 in Icheon – so Mexico City wins on supermarket bills even if dining out costs more.

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 Icheon: Cost of Living - Frequently Asked Questions
Is Icheon cheaper than Mexico City?
Yes – Mexico City is pricier by about 1%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,208 per month in Mexico City and $2,175 in Icheon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Icheon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Mexico City or in Icheon?
A mid-range dinner for two costs $54.0 in Mexico City and $37.00 in Icheon. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Mexico City and in Icheon?
Interestingly, groceries are about 53% cheaper in Mexico City – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $1,500 a realistic budget for living in Mexico City or in Icheon?
A $1,500 monthly budget goes further in Icheon, where all-in costs run around $1,450, than in Mexico City at $1,472. In Icheon it covers expenses comfortably, while in Mexico City it requires careful planning or may not stretch far enough.
Is Mexico City or Icheon more family-friendly?
Families tend to lean toward Icheon – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Mexico City or Icheon?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Icheon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Mexico City makes more sense. Both are solid long-term options with distinct trade-offs.

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