Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Key West, FL

For one person, living is cheaper in Mexico City: $1,608 a month against $4,854 in Key West, FL, rent and utilities included – about $39,000 less a year. Rent and utilities account for most of the difference.

78

Cost of Living Index in Mexico City
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Mexico City Living Index
230

Cost of Living Index in Key West, FL
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Key West, FL Living Index

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Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Key West, FL

🇺🇸 United States

$4,854

/mo nomad

Monthly Cost of Living

How much you'll spend in Mexico City and in Key West, FL

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 Key West, FL actually costs, broken down by who's living it.

A single person spends $1,608 per month in Mexico City vs $4,854 in Key West, FL, rent included.

Mexico City $1,608
Key West, FL $4,854

A couple spends around $2,549 per month in Mexico City vs $7,044 in Key West, FL, rent included.

Mexico City $2,549
Key West, FL $7,044

A family of three spends $3,490 per month in Mexico City vs $9,234 in Key West, FL, rent included.

Mexico City $3,490
Key West, FL $9,234

Mexico City is about 67% cheaper than Key West, FL, and outside of rent the biggest gap is in groceries.

Both Mexico City and Key West, FL sit above the global median – Mexico City by 18%, Key West, FL by 257%.

Meal at Budget Restaurant

$10.62 MX$199

$21.78 $21.78

-51.24%

Three-Course Dinner for Two, Mid-Range

$48.35 MX$906

$101 $101

-52.07%

Fast Food Meal (McDonalds, etc)

$10.35 MX$194

$12.08 $12.08

-14.32%

Cappuccino

$3.69 MX$69.2

$4.70 $4.70

-21.49%

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

$1.67 MX$31.23

$2.34 $2.34

-28.63%

Water (0.33 liter bottle)

$1.27 MX$23.71

$2.00 $2.00

-36.50%

Local Beer (0.5 liter draught)

$3.19 MX$59.8

$5.92 $5.92

-46.11%

Imported Beer (0.33 liter bottle)

$5.31 MX$99.5

$6.80 $6.80

-21.91%

Milk (1 liter)

$1.72 MX$32.32

$1.04 $1.04

65.38%

White Bread (500g)

$3.04 MX$57.0

$3.76 $3.76

-19.15%

Rice (white) (1kg)

$1.94 MX$36.38

$6.57 $6.57

-70.47%

Eggs

$2.89 MX$54.1

$5.42 $5.42

-46.68%

Local Cheese (1kg)

$10.97 MX$206

$11.69 $11.69

-6.16%

Chicken Fillets (1kg)

$9.25 MX$173

$13.64 $13.64

-32.18%

Beef Round Steak (1kg)

$15.13 MX$283

$23.55 $23.55

-35.75%

Apples (1kg)

$3.05 MX$57.1

$4.96 $4.96

-38.51%

Banana (1kg)

$1.94 MX$36.38

$1.89 $1.89

2.65%

Oranges (1kg)

$2.03 MX$37.95

$3.72 $3.72

-45.43%

Tomato (1kg)

$2.31 MX$43.38

$5.03 $5.03

-54.08%

Potato (1kg)

$2.04 MX$38.14

$5.89 $5.89

-65.37%

Onion (1kg)

$1.80 MX$33.73

$3.40 $3.40

-47.06%

Lettuce (1 head)

$1.48 MX$27.72

$3.41 $3.41

-56.60%

Water (1.5 liter bottle)

$1.27 MX$23.75

$2.57 $2.57

-50.58%

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$99.4

$8.18 $8.18

-35.21%

Wine (Bottle)

$16.10 MX$302

$14.03 $14.03

14.75%

Local Beer (0.5 liter bottle)

$1.98 MX$37.16

$1.93 $1.93

2.59%

Imported Beer (0.33 liter bottle)

$4.25 MX$79.7

$2.28 $2.28

86.40%

One-way Ticket (Public Transport)

$0.31 MX$5.72

$4.04 $4.04

-92.33%

Public Transport Monthly Pass (Regular Price)

$19.73 MX$370

Taxi Start (Normal Tariff)

$1.84 MX$34.44

$4.06 $4.06

-54.68%

Taxi (Normal Tariff) (1km)

$0.53 MX$10.00

$3.05 $3.05

-82.62%

Taxi 1hour Waiting (Normal Tariff)

$5.30 MX$99.2

$30.13 $30.13

-82.41%

Gasoline (1 liter)

$1.51 MX$28.31

$0.90 $0.90

67.78%

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

$21.8K MX$407.7K

$34.5K $34.5K

-37.03%

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

$24.0K MX$449.5K

$25.6K $25.6K

-6.25%

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

$63.0 MX$1,180

$216 $216

-70.88%

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

$27.39 MX$513

$52.6 $52.6

-47.92%

Internet (50+ Mbps, Unlimited Data)

$35.67 MX$668

$75.0 $75.0

-52.41%

Gym Membership (Monthly)

$58.9 MX$1,105

$80.1 $80.1

-26.45%

Tennis Court (1 Hour on Weekend)

$23.64 MX$443

Cinema Ticket

$6.40 MX$120

$13.92 $13.92

-54.02%

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

$432 MX$8,088

$1,069 $1,069

-59.64%

International Primary School, 1 Child (Yearly)

$11.4K MX$214.1K

$21.3K $21.3K

-46.46%

Jeans (Levis 501 Or Similar)

$68.2 MX$1,278

$47.45 $47.45

43.77%

Summer Dress (H&M, Zara, etc)

$53.1 MX$996

$42.08 $42.08

26.26%

Sport Shoes (Adidas, Nike)

$108 MX$2,020

$72.6 $72.6

48.44%

Men's Leather Business Shoes

$117 MX$2,198

$67.4 $67.4

73.97%

1-bedroom Apartment, City Center (Monthly)

$1,113 MX$20.9K

$3,413 $3,413

-67.38%

1-bedroom Apartment, Outside City Center (Monthly)

$710 MX$13.3K

$3,478 $3,478

-79.57%

3-bedroom Apartment, City Center (Monthly)

$2,588 MX$48.5K

$7,139 $7,139

-63.75%

3-bedroom Apartment, Outside City Center (Monthly)

$1,406 MX$26.3K

$6,089 $6,089

-76.91%

Buy Apartment in City Center (m2)

$3,631 MX$68.0K

$9,569 $9,569

-62.05%

Buy Apartment Outside City Center (m2)

$2,135 MX$40.0K

$9,439 $9,439

-77.38%

Average Monthly Net Salary (After Tax)

$946 MX$17.7K

$5,899 $5,899

-83.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

6.38

77.90%

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

Last update for Mexico City: October 25, 2026

Last update for Key West, FL: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$710 44.2%

Key West, FL

$3.5K 71.7% 390% $2.8K

Groceries & Markets

Mexico City

$320 19.9%

Key West, FL

$457 9.4% 43.1% $138

Eating Out

Mexico City

$199 12.4%

Key West, FL

$327 6.8% 64.9% $129

Clothing & Footwear

Mexico City

$156 9.7%

Key West, FL

$103 2.1% 33.7% $53

Monthly Utilities & Internet

Mexico City

$126 7.8%

Key West, FL

$344 7.1% 173% $218

Sport & Entertainment

Mexico City

$72 4.5%

Key West, FL

$108 2.2% 50.5% $36

Getting Around

Mexico City

$25 1.6%

Key West, FL

$36 * 0.7% 39.4% $10

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

Cost Breakdown

A central one-bedroom costs $1,113 in Mexico City versus $3,413 in Key West, FL. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Key West, FL are about 6.2 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48 in Mexico City versus $101 in Key West, FL. Monthly groceries follow the same trend: $320 vs $457 – making Mexico City the more affordable choice for daily food spending.

Good to know

🇲🇽 Mexico City

🇺🇸 Key West, FL

🕒 Local time

09:16 9:16 AM

10:16 10:16 AM

1 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

24,684

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.34 USD

100 MXN = 4.78 EUR

1 USD = 0.896 EUR

Exchange rates and currency converter

USD, EUR 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 = 20.91 MXN (100 MXN = 4.78 EUR).

United States Dollar exchange rates as of November 2, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

USD to MXN in detail →

On the map

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Highest

Between locations

Mexico City Key West, FL 1,870 km ≈ 2 h 45 min nonstop flight

From you

Mexico City
Key West, FL

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 Key West, FL: Cost of Living - Frequently Asked Questions

Yes – Key West, FL is pricier by about 202%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,412 per month in Mexico City and $7,281 in Key West, FL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mexico City, especially for central apartments: a one-bedroom in the center costs $1,113 there versus $3,413 in Key West, FL.

A mid-range dinner for two costs $48 in Mexico City and $101 in Key West, FL. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 43% more in Key West, FL, though the gap depends on what you buy.

A $3,000 monthly budget goes further in Mexico City, where all-in costs run around $1,608, than in Key West, FL at $4,854. In Mexico City it covers expenses comfortably, while in Key West, FL it requires careful planning or may not stretch far enough.

Families tend to lean toward Mexico City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Mexico City. If higher salaries or specific career opportunities are the priority, Key West, FL makes more sense. Both are solid long-term options with distinct trade-offs.