Last update: Nov 2026

Cost of Living Comparison Between Mexico City and Ife

For one person, living is cheaper in Ife: $79.8 a month against $1,674 in Mexico City, rent and utilities included – about $19,100 less a year. Rent and utilities account for about half of the difference.

80

Cost of Living Index in Mexico City
Learn more

Mexico City Living Index

Jump to prices

Mexico City

🇲🇽 Mexico

$1,674

/mo nomad

Ife

🇳🇬 Nigeria

$79.8

/mo nomad

Monthly Cost of Living

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

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

A single person spends $1,674 per month in Mexico City vs $80 in Ife, rent included.

Mexico City $1,674
Ife $80

A couple spends around $2,606 per month in Mexico City vs $107 in Ife, rent included.

Mexico City $2,606
Ife $107

A family of three spends $3,537 per month in Mexico City vs $134 in Ife, rent included.

Mexico City $3,537
Ife $134

Mexico City costs about 1998% more than Ife, and outside of rent the biggest gap is in groceries.

Mexico City sits 24% above the global median, while Ife is 94% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.59 MX$199

$2.05 ₦2,751

416.59%

Three-Course Dinner for Two, Mid-Range

$52.0 MX$976

Fast Food Meal (McDonalds, etc)

$10.73 MX$201

$5.88 ₦7,888

82.48%

Cappuccino

$3.80 MX$71.3

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

$1.61 MX$30.28

$0.48 ₦641

235.42%

Water (0.33 liter bottle)

$1.21 MX$22.76

$0.29 ₦384

317.24%

Local Beer (0.5 liter draught)

$3.18 MX$59.7

Imported Beer (0.33 liter bottle)

$5.44 MX$102

Milk (1 liter)

$1.72 MX$32.26

White Bread (500g)

$2.97 MX$55.7

Rice (white) (1kg)

$1.93 MX$36.17

Eggs

$2.77 MX$52.1

$1.78 ₦2,391

55.62%

Local Cheese (1kg)

$11.67 MX$219

Chicken Fillets (1kg)

$9.48 MX$178

Beef Round Steak (1kg)

$15.37 MX$289

Apples (1kg)

$3.10 MX$58.3

Banana (1kg)

$1.96 MX$36.82

Oranges (1kg)

$1.98 MX$37.22

Tomato (1kg)

$2.34 MX$43.86

Potato (1kg)

$2.02 MX$38.00

Onion (1kg)

$1.82 MX$34.26

Lettuce (1 head)

$1.54 MX$29.00

Water (1.5 liter bottle)

$1.31 MX$24.64

Cigarettes 20 Pack (Marlboro, Camel)

$5.35 MX$100

Wine (Bottle)

$16.19 MX$304

Local Beer (0.5 liter bottle)

$1.96 MX$36.79

Imported Beer (0.33 liter bottle)

$4.35 MX$81.7

One-way Ticket (Public Transport)

$0.30 MX$5.72

Public Transport Monthly Pass (Regular Price)

$19.49 MX$366

Taxi Start (Normal Tariff)

$1.92 MX$36.01

Taxi (Normal Tariff) (1km)

$0.47 MX$8.88

Taxi 1hour Waiting (Normal Tariff)

$5.41 MX$102

Gasoline (1 liter)

$1.48 MX$27.86

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

$21.4K MX$401.4K

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

$23.8K MX$446.1K

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

$62.0 MX$1,164

$29.73 ₦39.9K

108.51%

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

$28.47 MX$535

$5.84 ₦7,833

387.50%

Internet (50+ Mbps, Unlimited Data)

$34.11 MX$641

Gym Membership (Monthly)

$58.4 MX$1,097

Tennis Court (1 Hour on Weekend)

$24.50 MX$460

Cinema Ticket

$6.59 MX$124

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

$434 MX$8,155

International Primary School, 1 Child (Yearly)

$14.0K MX$263.6K

Jeans (Levis 501 Or Similar)

$68.4 MX$1,284

Summer Dress (H&M, Zara, etc)

$54.8 MX$1,029

Sport Shoes (Adidas, Nike)

$111 MX$2,082

Men's Leather Business Shoes

$116 MX$2,178

1-bedroom Apartment, City Center (Monthly)

$1,179 MX$22.1K

1-bedroom Apartment, Outside City Center (Monthly)

$771 MX$14.5K

3-bedroom Apartment, City Center (Monthly)

$2,570 MX$48.3K

3-bedroom Apartment, Outside City Center (Monthly)

$1,420 MX$26.7K

Buy Apartment in City Center (m2)

$3,586 MX$67.3K

Buy Apartment Outside City Center (m2)

$2,064 MX$38.8K

Average Monthly Net Salary (After Tax)

$1,003 MX$18.8K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

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

Last update for Mexico City: November 1, 2026

Last update for Ife: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$771 46.1%

Ife

–

Groceries & Markets

Mexico City

$324 19.3%

Ife

–

Eating Out

Mexico City

$201 12%

Ife

–

Clothing & Footwear

Mexico City

$158 9.4%

Ife

–

Monthly Utilities & Internet

Mexico City

$125 7.4%

Ife

–

Sport & Entertainment

Mexico City

$72 4.3%

Ife

–

Getting Around

Mexico City

$25 1.5%

Ife

–

Good to know

🇲🇽 Mexico City

🇳🇬 Ife

🕒 Local time

20:10 8:10 PM

03:10 3:10 AM

7 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

501,952

💱 Currency

Mexican Peso MXN $

Nigerian Naira NGN ₦

📈 Exchange rate

100 MXN = 5.32 USD

100 MXN = 4.74 EUR

10,000 NGN = 7.45 USD

10,000 NGN = 6.64 EUR

Exchange rates and currency converter

NGN, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 6, 2026: 1 USD = 18.78 MXN (100 MXN = 5.32 USD). 1 EUR = 21.08 MXN (100 MXN = 4.74 EUR).

Nigerian Naira exchange rates as of November 6, 2026: 1 USD = 1,342 NGN (10,000 NGN = 7.45 USD). 1 EUR = 1,507 NGN (10,000 NGN = 6.64 EUR).

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Mexico City Ife 11,150 km ≈ 14 h nonstop flight

From you

Mexico City
Ife

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 Ife: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,674 in Mexico City, $80 in Ife – Ife comes out roughly 95% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $2,510 per month in Mexico City and $120 in Ife. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,674 in Mexico City and $80 in Ife. That makes Ife about 95% cheaper.

Groceries cost about 4438% more in Mexico City, though the gap depends on what you buy.

A $1,200 monthly budget goes further in Ife, where all-in costs run around $80, than in Mexico City at $1,674. In Ife it covers expenses comfortably, while in Mexico City it requires careful planning or may not stretch far enough.

It depends on your priorities. Mexico City has an edge in some lifestyle areas, with costs from $80 in Ife to $1,674 in Mexico City. Climate, culture, job market, and personal taste all factor in.