Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Podgorica

For one person, living is cheaper in Podgorica: $1,331 a month against $1,608 in Mexico City, rent and utilities included – about $3,300 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
64

Cost of Living Index in Podgorica
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Podgorica Living Index

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Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Podgorica

🇲🇪 Montenegro

$1,331

/mo nomad

Monthly Cost of Living

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

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

Monthly costs for one person with rent: $1,608 in Mexico City versus $1,331 in Podgorica.

Mexico City $1,608
Podgorica $1,331

Estimated couple costs with rent: $2,549 in Mexico City versus $2,096 in Podgorica.

Mexico City $2,549
Podgorica $2,096

Monthly costs for a family of three with rent: $3,490 in Mexico City versus $2,860 in Podgorica.

Mexico City $3,490
Podgorica $2,860

Living in Mexico City is roughly 21% more expensive than in Podgorica, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Mexico City is 18% above, Podgorica is 2% below.

Meal at Budget Restaurant

$10.62 MX$200

$11.27 €10.10

-5.77%

Three-Course Dinner for Two, Mid-Range

$48.35 MX$909

$44.27 €39.67

9.22%

Fast Food Meal (McDonalds, etc)

$10.35 MX$194

$10.56 €9.47

-1.99%

Cappuccino

$3.69 MX$69.4

$2.12 €1.90

74.06%

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

$1.67 MX$31.32

$2.48 €2.22

-32.66%

Water (0.33 liter bottle)

$1.27 MX$23.78

$1.45 €1.30

-12.41%

Local Beer (0.5 liter draught)

$3.19 MX$60.0

$3.15 €2.83

1.27%

Imported Beer (0.33 liter bottle)

$5.31 MX$99.7

$3.31 €2.97

60.42%

Milk (1 liter)

$1.72 MX$32.41

$1.26 €1.13

36.51%

White Bread (500g)

$3.04 MX$57.1

$0.99 €0.88

207.07%

Rice (white) (1kg)

$1.94 MX$36.48

$1.99 €1.78

-2.51%

Eggs

$2.89 MX$54.3

$3.59 €3.21

-19.50%

Local Cheese (1kg)

$10.97 MX$206

$8.85 €7.93

23.95%

Chicken Fillets (1kg)

$9.25 MX$174

$8.08 €7.24

14.48%

Beef Round Steak (1kg)

$15.13 MX$284

$12.07 €10.81

25.35%

Apples (1kg)

$3.05 MX$57.3

$1.63 €1.46

87.12%

Banana (1kg)

$1.94 MX$36.48

$1.72 €1.54

12.79%

Oranges (1kg)

$2.03 MX$38.06

$1.80 €1.61

12.78%

Tomato (1kg)

$2.31 MX$43.50

$2.33 €2.09

-0.86%

Potato (1kg)

$2.04 MX$38.25

$0.95 €0.85

114.74%

Onion (1kg)

$1.80 MX$33.83

$1.07 €0.95

68.22%

Lettuce (1 head)

$1.48 MX$27.80

$1.50 €1.35

-1.33%

Water (1.5 liter bottle)

$1.27 MX$23.82

$0.83 €0.74

53.01%

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$99.7

$4.28 €3.84

23.83%

Wine (Bottle)

$16.10 MX$303

$5.72 €5.13

181.47%

Local Beer (0.5 liter bottle)

$1.98 MX$37.27

$1.07 €0.95

85.05%

Imported Beer (0.33 liter bottle)

$4.25 MX$79.9

$1.61 €1.45

163.98%

One-way Ticket (Public Transport)

$0.31 MX$5.73

$1.03 €0.92

-69.90%

Public Transport Monthly Pass (Regular Price)

$19.73 MX$371

$32.90 €29.49

-40.03%

Taxi Start (Normal Tariff)

$1.84 MX$34.53

$0.76 €0.68

142.11%

Taxi (Normal Tariff) (1km)

$0.53 MX$10.03

$0.81 €0.72

-34.57%

Taxi 1hour Waiting (Normal Tariff)

$5.30 MX$99.5

$11.08 €9.93

-52.17%

Gasoline (1 liter)

$1.51 MX$28.39

$1.89 €1.69

-20.11%

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

$21.8K MX$408.8K

$28.5K €25.5K

-23.64%

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

$24.0K MX$450.8K

$23.8K €21.3K

0.95%

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

$63.0 MX$1,184

$130 €117

-51.71%

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

$27.39 MX$515

$18.48 €16.56

48.21%

Internet (50+ Mbps, Unlimited Data)

$35.67 MX$670

$32.17 €28.82

10.88%

Gym Membership (Monthly)

$58.9 MX$1,108

$50.2 €45.02

17.32%

Tennis Court (1 Hour on Weekend)

$23.64 MX$444

$13.34 €11.95

77.21%

Cinema Ticket

$6.40 MX$120

$6.61 €5.92

-3.18%

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

$432 MX$8,111

$343 €308

25.72%

International Primary School, 1 Child (Yearly)

$11.4K MX$214.7K

$7,326 €6,565

55.92%

Jeans (Levis 501 Or Similar)

$68.2 MX$1,282

$85.9 €77.0

-20.58%

Summer Dress (H&M, Zara, etc)

$53.1 MX$999

$46.72 €41.87

13.72%

Sport Shoes (Adidas, Nike)

$108 MX$2,026

$98.1 €87.9

9.90%

Men's Leather Business Shoes

$117 MX$2,204

$105 €93.8

12.01%

1-bedroom Apartment, City Center (Monthly)

$1,113 MX$20.9K

$663 €594

67.85%

1-bedroom Apartment, Outside City Center (Monthly)

$710 MX$13.4K

$483 €432

47.22%

3-bedroom Apartment, City Center (Monthly)

$2,588 MX$48.6K

$1,361 €1,220

90.12%

3-bedroom Apartment, Outside City Center (Monthly)

$1,406 MX$26.4K

$976 €875

44.03%

Buy Apartment in City Center (m2)

$3,631 MX$68.2K

$3,122 €2,798

16.29%

Buy Apartment Outside City Center (m2)

$2,135 MX$40.1K

$2,388 €2,140

-10.59%

Average Monthly Net Salary (After Tax)

$946 MX$17.8K

$1,152 €1,032

-17.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

5.22

117.43%

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

Last update for Mexico City: October 25, 2026

Last update for Podgorica: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$710 44.2%

Podgorica

$483 36.2% 32.1% $228

Groceries & Markets

Mexico City

$320 19.9%

Podgorica

$226 17% 29.3% $93

Eating Out

Mexico City

$199 12.4%

Podgorica

$186 13.9% 6.6% $13

Clothing & Footwear

Mexico City

$156 9.7%

Podgorica

$151 11.3% 3.2% $4.9

Monthly Utilities & Internet

Mexico City

$126 7.8%

Podgorica

$181 13.6% 43.7% $55

Sport & Entertainment

Mexico City

$72 4.5%

Podgorica

$63 4.8% 11.5% $8.3

Getting Around

Mexico City

$25 1.6%

Podgorica

$42 3.1% 64.2% $16

Cost Breakdown

A one-bedroom apartment in the center runs $1,113 in Mexico City and $663 in Podgorica. Housing cost is often the main lever when comparing two cities.

Podgorica pays 22% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $48 in Mexico City vs $44 in Podgorica for a mid-range dinner for two. Groceries echo the gap at $320 vs $226 per month, with Podgorica cheaper across the board.

Good to know

🇲🇽 Mexico City

🇲🇪 Podgorica

🕒 Local time

02:04 2:04 AM

09:04 9:04 AM

7 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

150,799 Capital

💱 Currency

Mexican Peso MXN $

Euro EUR €

📈 Exchange rate

100 MXN = 5.32 USD

100 MXN = 4.77 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD 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).

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

USD to MXN in detail →

On the map

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Between locations

Mexico City Podgorica 10,690 km ≈ 14 h nonstop flight

From you

Mexico City
Podgorica

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 Podgorica: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,608 in Mexico City and $1,331 in Podgorica, so Podgorica is about 17% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 18% lower in Mexico City. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,113 in Mexico City versus $663 in Podgorica. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 40% less than in Podgorica. The price difference matters if you commute daily and watch your budget.

Childcare runs $432 in Mexico City versus $343 in Podgorica. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Either city works on $2,000 a month, though Podgorica gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.