Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Pangyo

For one person, living is cheaper in Pangyo: $1,468 a month against $1,567 in Mexico City, rent and utilities included – about $1,200 less a year. Higher rent and utilities in Mexico City outweigh lower spending on other living expenses.

Mexico City
🇲🇽 Mexico
$1,567
/mo nomad
Pangyo
🇰🇷 South Korea
$1,468
/mo nomad
Monthly Cost of Living

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

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

Monthly costs for one person with rent: $1,567 in Mexico City versus $1,468 in Pangyo.

  • Mexico City $1,567
  • Pangyo $1,468

Estimated couple costs with rent: $2,450 in Mexico City versus $2,279 in Pangyo.

  • Mexico City $2,450
  • Pangyo $2,279

Monthly costs for a family of three with rent: $3,333 in Mexico City versus $3,091 in Pangyo.

  • Mexico City $3,333
  • Pangyo $3,091

Living in Mexico City is roughly 7% more expensive than in Pangyo, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Mexico City 16% above, Pangyo 9% above.

Currency
🍽 Eating Out
Mexico City
Pangyo
Difference
Meal at Budget Restaurant
$10.75 MX$199
$7.24 ₩9,624
48.48%
Three-Course Dinner for Two, Mid-Range
$50.3 MX$929
$35.02 ₩46.6K
43.49%
Fast Food Meal (McDonalds, etc)
$11.10 MX$205
$6.73 ₩8,950
64.93%
Cappuccino
$3.68 MX$68.1
$3.78 ₩5,025
-2.65%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.65 MX$30.42
$1.59 ₩2,118
3.77%
Water (0.33 liter bottle)
$1.30 MX$24.08
$0.71 ₩940
83.10%
Local Beer (0.5 liter draught)
$3.32 MX$61.3
$3.42 ₩4,547
-2.92%
Imported Beer (0.33 liter bottle)
$5.54 MX$102
$4.28 ₩5,685
29.44%
🛒 Groceries & Markets
Mexico City
Pangyo
Difference
Milk (1 liter)
$1.77 MX$32.68
$2.25 ₩2,998
-21.33%
White Bread (500g)
$3.05 MX$56.4
$3.02 ₩4,015
0.99%
Rice (white) (1kg)
$2.01 MX$37.20
$2.67 ₩3,555
-24.72%
Eggs
$2.77 MX$51.1
$2.59 ₩3,450
6.95%
Local Cheese (1kg)
$11.91 MX$220
$11.09 ₩14.7K
7.39%
Chicken Fillets (1kg)
$9.33 MX$172
$7.98 ₩10.6K
16.92%
Beef Round Steak (1kg)
$15.02 MX$278
$20.67 ₩27.5K
-27.33%
Apples (1kg)
$3.08 MX$56.8
$7.73 ₩10.3K
-60.16%
Banana (1kg)
$1.95 MX$35.97
$3.45 ₩4,583
-43.48%
Oranges (1kg)
$2.03 MX$37.54
$7.25 ₩9,642
-72.00%
Tomato (1kg)
$2.21 MX$40.92
$5.78 ₩7,685
-61.76%
Potato (1kg)
$2.02 MX$37.41
$3.60 ₩4,784
-43.89%
Onion (1kg)
$1.82 MX$33.67
$2.58 ₩3,431
-29.46%
Lettuce (1 head)
$1.52 MX$28.07
$2.78 ₩3,691
-45.32%
Water (1.5 liter bottle)
$1.28 MX$23.65
$1.28 ₩1,700
-
Cigarettes 20 Pack (Marlboro, Camel)
$5.27 MX$97.4
$3.30 ₩4,385
59.70%
Wine (Bottle)
$16.12 MX$298
$18.39 ₩24.4K
-12.34%
Local Beer (0.5 liter bottle)
$1.95 MX$36.05
$2.29 ₩3,047
-14.85%
Imported Beer (0.33 liter bottle)
$4.25 MX$78.6
$3.48 ₩4,627
22.13%
🚌 Getting Around
Mexico City
Pangyo
Difference
One-way Ticket (Public Transport)
$0.31 MX$5.82
$1.15 ₩1,527
-73.04%
Public Transport Monthly Pass (Regular Price)
$19.85 MX$367
$48.37 ₩64.3K
-58.96%
Taxi Start (Normal Tariff)
$2.00 MX$36.93
$3.32 ₩4,412
-39.76%
Taxi (Normal Tariff) (1km)
$0.53 MX$9.86
$0.66 ₩884
-19.70%
Taxi 1hour Waiting (Normal Tariff)
$5.62 MX$104
$12.83 ₩17.1K
-56.20%
Gasoline (1 liter)
$1.52 MX$28.07
$1.35 ₩1,797
12.59%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.0K MX$388.7K
$29.8K ₩39.6M
-29.41%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.2K MX$465.3K
$34.2K ₩45.5M
-26.37%
🧾 Monthly Utilities & Internet
Mexico City
Pangyo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$62.5 MX$1,155
$201 ₩267.4K
-68.93%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.77 MX$532
$36.58 ₩48.6K
-21.35%
Internet (50+ Mbps, Unlimited Data)
$34.45 MX$637
$21.78 ₩29.0K
58.17%
🎉 Sport & Entertainment
Mexico City
Pangyo
Difference
Gym Membership (Monthly)
$57.1 MX$1,055
$51.9 ₩69.0K
10.00%
Tennis Court (1 Hour on Weekend)
$24.81 MX$458
$12.07 ₩16.0K
105.55%
Cinema Ticket
$6.67 MX$123
$11.39 ₩15.1K
-41.44%
🧸 Childcare & Education
Mexico City
Pangyo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$431 MX$7,964
$520 ₩691.0K
-17.08%
International Primary School, 1 Child (Yearly)
$11.7K MX$216.9K
$21.9K ₩29.1M
-46.44%
👕👟 Clothing & Footwear
Mexico City
Pangyo
Difference
Jeans (Levis 501 Or Similar)
$70.8 MX$1,308
$65.9 ₩87.6K
7.40%
Summer Dress (H&M, Zara, etc)
$51.8 MX$958
$62.8 ₩83.5K
-17.48%
Sport Shoes (Adidas, Nike)
$109 MX$2,011
$74.8 ₩99.4K
45.55%
Men's Leather Business Shoes
$112 MX$2,076
$98.3 ₩130.7K
14.22%
🏠 Accommodation & Living
Mexico City
Pangyo
Difference
1-bedroom Apartment, City Center (Monthly)
$1,051 MX$19.4K
$478 ₩636.2K
119.70%
1-bedroom Apartment, Outside City Center (Monthly)
$665 MX$12.3K
$356 ₩473.1K
86.88%
3-bedroom Apartment, City Center (Monthly)
$2,346 MX$43.3K
$1,171 ₩1.6M
100.38%
3-bedroom Apartment, Outside City Center (Monthly)
$1,227 MX$22.7K
$739 ₩983.0K
65.90%
Buy Apartment in City Center (m2)
$3,554 MX$65.7K
$7,085 ₩9.4M
-49.84%
Buy Apartment Outside City Center (m2)
$1,977 MX$36.5K
$5,485 ₩7.3M
-63.95%
💵 Salaries & Financials
Mexico City
Pangyo
Difference
Average Monthly Net Salary (After Tax)
$975 MX$18.0K
$5,307 ₩7.1M
-81.63%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.3
4.1
175.61%

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

Last update for Mexico City: October 11, 2026

Last update for Pangyo: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Mexico City
$665
Pangyo
$356 46.5% $309
Groceries & Markets
Mexico City
$323
Pangyo
$424 31.3% $101
Eating Out
Mexico City
$203
Pangyo
$158 22% $45
Clothing & Footwear
Mexico City
$155
Pangyo
$136 12.2% $19
Monthly Utilities & Internet
Mexico City
$126
Pangyo
$259 106% $134
Sport & Entertainment
Mexico City
$70
Pangyo
$75 6% $4.2
Getting Around
Mexico City
$26
Pangyo
$60 131% $34

Cost Breakdown

A one-bedroom apartment in the center runs $1,051 in Mexico City and $478 in Pangyo. Housing cost is often the main lever when comparing two cities.

Pangyo pays 444% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $50.0 in Mexico City vs $35.00 in Pangyo. Groceries flip the comparison at $323 vs $424, with Mexico City cheaper for home cooking.

Good to know
🇲🇽 Mexico City
🇰🇷 Pangyo
🕒 Local time
21:25 9:25 PM
12:25 12:25 PM
15 h ahead of Mexico City
🌤 Weather
👥 Population
9,209,944 Capital
💱 Currency
Exchange rates and currency converter

KRW, USD, EUR to MXN – Mexican Peso Converter

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

South Korean Won exchange rates as of October 19, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

On the map
Between locations
  • Mexico City Pangyo 12,060 km ≈ 16 h nonstop flight
From you
  • Mexico City
  • Pangyo

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 Pangyo: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Mexico City and in Pangyo?
Mexico City and Pangyo differ by about 7% in total monthly costs ($1,567 vs $1,468 including rent). Pangyo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 444% lower in Pangyo. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Mexico City and in Pangyo?
Rent for a central apartment: $1,051 in Mexico City versus $478 in Pangyo. Housing is usually the single largest factor when comparing overall living costs between the two.
How do commuting costs compare in Mexico City and in Pangyo?
A monthly transit pass in Pangyo runs roughly 144% less than in Mexico City. Both cities have functional networks, but the price difference matters if you're watching your budget.
What is the difference in childcare costs between Mexico City and Pangyo?
Childcare runs $431 in Mexico City versus $520 in Pangyo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city is more doable on $1,500 per month?
At $1,468 in Pangyo versus $1,567 in Mexico City, a $1,500 budget is realistic in Pangyo but tight or insufficient in Mexico City. The gap between the two cities makes Pangyo the clear choice for anyone on this budget.
How does quality of life compare between Mexico City and Pangyo?
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.
Is Mexico City or Pangyo safer for residents?
Safety-wise, Mexico City and Pangyo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Mexico City or Pangyo?
Expats usually find Pangyo gentler on the wallet – expenses run 7% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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