Last update: Oct 2026

Cost of Living Comparison Between Mexico City and New Providence

For one person, living is cheaper in Mexico City: $1,608 a month against $2,187 in New Providence, rent and utilities included – about $6,900 less a year. The total is higher in New Providence despite lower rent and utilities.

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Cost of Living Index in Mexico City
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Mexico City Living Index

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Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

New Providence

🇧🇸 Bahamas

$2,187

/mo nomad

Monthly Cost of Living

How much you'll spend in Mexico City and in New Providence

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

Monthly costs for one person with rent: $1,608 in Mexico City versus $2,187 in New Providence.

Mexico City $1,608
New Providence $2,187

Estimated couple costs with rent: $2,549 in Mexico City versus $5,301 in New Providence.

Mexico City $2,549
New Providence $5,301

Monthly costs for a family of three with rent: $3,490 in Mexico City versus $8,414 in New Providence.

Mexico City $3,490
New Providence $8,414

Living in Mexico City costs roughly 26% less than in New Providence, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Mexico City 18% above, New Providence 61% above.

Meal at Budget Restaurant

$10.62 MX$200

$76.1 BSD 76.1

-86.04%

Three-Course Dinner for Two, Mid-Range

$48.35 MX$909

$151 BSD 151

-68.06%

Fast Food Meal (McDonalds, etc)

$10.35 MX$194

Cappuccino

$3.69 MX$69.4

$5.63 BSD 5.63

-34.46%

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

$1.67 MX$31.32

Water (0.33 liter bottle)

$1.27 MX$23.78

Local Beer (0.5 liter draught)

$3.19 MX$60.0

Imported Beer (0.33 liter bottle)

$5.31 MX$99.7

Milk (1 liter)

$1.72 MX$32.41

$2.08 BSD 2.08

-17.31%

White Bread (500g)

$3.04 MX$57.1

$5.13 BSD 5.13

-40.74%

Rice (white) (1kg)

$1.94 MX$36.48

$5.02 BSD 5.02

-61.35%

Eggs

$2.89 MX$54.3

$9.84 BSD 9.84

-70.63%

Local Cheese (1kg)

$10.97 MX$206

$20.21 BSD 20.21

-45.72%

Chicken Fillets (1kg)

$9.25 MX$174

$9.96 BSD 9.96

-7.13%

Beef Round Steak (1kg)

$15.13 MX$284

$19.88 BSD 19.88

-23.89%

Apples (1kg)

$3.05 MX$57.3

$4.31 BSD 4.31

-29.23%

Banana (1kg)

$1.94 MX$36.48

$5.97 BSD 5.97

-67.50%

Oranges (1kg)

$2.03 MX$38.06

$6.80 BSD 6.80

-70.15%

Tomato (1kg)

$2.31 MX$43.50

$3.91 BSD 3.91

-40.92%

Potato (1kg)

$2.04 MX$38.25

$4.12 BSD 4.12

-50.49%

Onion (1kg)

$1.80 MX$33.83

$3.07 BSD 3.07

-41.37%

Lettuce (1 head)

$1.48 MX$27.80

$3.08 BSD 3.08

-51.95%

Water (1.5 liter bottle)

$1.27 MX$23.82

$3.07 BSD 3.07

-58.63%

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$99.7

$15.30 BSD 15.30

-65.36%

Wine (Bottle)

$16.10 MX$303

$25.49 BSD 25.49

-36.84%

Local Beer (0.5 liter bottle)

$1.98 MX$37.27

$3.88 BSD 3.88

-48.97%

Imported Beer (0.33 liter bottle)

$4.25 MX$79.9

$4.04 BSD 4.04

5.20%

One-way Ticket (Public Transport)

$0.31 MX$5.73

Public Transport Monthly Pass (Regular Price)

$19.73 MX$371

Taxi Start (Normal Tariff)

$1.84 MX$34.53

Taxi (Normal Tariff) (1km)

$0.53 MX$10.03

Taxi 1hour Waiting (Normal Tariff)

$5.30 MX$99.5

Gasoline (1 liter)

$1.51 MX$28.39

$1.76 BSD 1.76

-14.20%

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

$21.8K MX$408.8K

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

$24.0K MX$450.8K

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

$63.0 MX$1,184

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

$27.39 MX$515

$40.64 BSD 40.64

-32.60%

Internet (50+ Mbps, Unlimited Data)

$35.67 MX$670

$99.7 BSD 99.7

-64.22%

Gym Membership (Monthly)

$58.9 MX$1,108

$74.4 BSD 74.4

-20.82%

Tennis Court (1 Hour on Weekend)

$23.64 MX$444

Cinema Ticket

$6.40 MX$120

$15.16 BSD 15.16

-57.78%

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

$432 MX$8,111

$1,504 BSD 1,504

-71.31%

International Primary School, 1 Child (Yearly)

$11.4K MX$214.7K

$14.9K BSD 14.9K

-23.49%

Jeans (Levis 501 Or Similar)

$68.2 MX$1,282

Summer Dress (H&M, Zara, etc)

$53.1 MX$999

Sport Shoes (Adidas, Nike)

$108 MX$2,026

Men's Leather Business Shoes

$117 MX$2,204

1-bedroom Apartment, City Center (Monthly)

$1,113 MX$20.9K

$1,526 BSD 1,526

-27.02%

1-bedroom Apartment, Outside City Center (Monthly)

$710 MX$13.4K

$714 BSD 714

-0.49%

3-bedroom Apartment, City Center (Monthly)

$2,588 MX$48.6K

3-bedroom Apartment, Outside City Center (Monthly)

$1,406 MX$26.4K

$4,503 BSD 4,503

-68.78%

Buy Apartment in City Center (m2)

$3,631 MX$68.2K

Buy Apartment Outside City Center (m2)

$2,135 MX$40.1K

Average Monthly Net Salary (After Tax)

$946 MX$17.8K

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: October 25, 2026

Last update for New Providence: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$710 44.2%

New Providence

–

Groceries & Markets

Mexico City

$320 19.9%

New Providence

–

Eating Out

Mexico City

$199 12.4%

New Providence

–

Clothing & Footwear

Mexico City

$156 9.7%

New Providence

–

Monthly Utilities & Internet

Mexico City

$126 7.8%

New Providence

–

Sport & Entertainment

Mexico City

$72 4.5%

New Providence

–

Getting Around

Mexico City

$25 1.6%

New Providence

–

Cost Breakdown

A one-bedroom apartment in the center runs $1,113 in Mexico City and $1,526 in New Providence. Housing cost is often the main lever when comparing two cities.

Dining out: $48 in Mexico City vs $151 in New Providence for a mid-range dinner for two. Groceries echo the gap at $320 vs $552 per month, with Mexico City cheaper across the board.

Good to know

🇲🇽 Mexico City

🇧🇸 New Providence

🕒 Local time

06:14 6:14 AM

07:14 7:14 AM

1 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

296,522

💱 Currency

Mexican Peso MXN $

Bahamian Dollar BSD $

📈 Exchange rate

100 MXN = 5.32 USD

100 MXN = 4.77 EUR

1 BSD = 1 USD

1 BSD = 0.896 EUR

Exchange rates and currency converter

BSD, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 2, 2026: 1 USD = 18.79 MXN (100 MXN = 5.32 USD). 1 EUR = 20.97 MXN (100 MXN = 4.77 EUR).

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

USD to MXN in detail →

On the map

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Highest

Between locations

Mexico City New Providence 2,330 km ≈ 3 h 30 min nonstop flight

From you

Mexico City
New Providence

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 New Providence: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,608 in Mexico City and $2,187 in New Providence, so Mexico City is about 26% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $2,412 in Mexico City and $3,281 in New Providence to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,113 in Mexico City versus $1,526 in New Providence. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $432 in Mexico City versus $1,504 in New Providence. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Mexico City – a meal for two runs $48 versus $151 in New Providence. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Mexico City gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

For families, Mexico City is more practical. Housing and childcare are both notably cheaper than in New Providence, and the savings on those two alone free up budget for education, activities, and family trips.