Last update: Nov 2026

Cost of Living Comparison Between Mexico City and Red Bank, NJ

For one person, living is cheaper in Mexico City: $1,674 a month against $2,542 in Red Bank, NJ, rent and utilities included – about $10,400 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Mexico City
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Mexico City Living Index
122

Cost of Living Index in Red Bank, NJ
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Red Bank, NJ Living Index

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Mexico City

🇲🇽 Mexico

$1,674

/mo nomad

Red Bank, NJ

🇺🇸 United States

$2,542

/mo nomad

Monthly Cost of Living

How much you'll spend in Mexico City and in Red Bank, NJ

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 Red Bank, NJ actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,674 in Mexico City versus $2,542 in Red Bank, NJ.

Mexico City $1,674
Red Bank, NJ $2,542

Estimated couple costs with rent: $2,606 in Mexico City versus $3,610 in Red Bank, NJ.

Mexico City $2,606
Red Bank, NJ $3,610

Monthly costs for a family of three with rent: $3,537 in Mexico City versus $4,679 in Red Bank, NJ.

Mexico City $3,537
Red Bank, NJ $4,679

Living in Mexico City costs roughly 34% less than in Red Bank, NJ, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Mexico City 24% above, Red Bank, NJ 88% above.

Meal at Budget Restaurant

$10.59 MX$197

$19.67 $19.67

-46.16%

Three-Course Dinner for Two, Mid-Range

$52.0 MX$967

$73.6 $73.6

-29.41%

Fast Food Meal (McDonalds, etc)

$10.73 MX$200

$9.73 $9.73

10.28%

Cappuccino

$3.80 MX$70.6

$5.06 $5.06

-24.90%

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

$1.61 MX$30.01

$2.39 $2.39

-32.64%

Water (0.33 liter bottle)

$1.21 MX$22.55

$2.10 $2.10

-42.38%

Local Beer (0.5 liter draught)

$3.18 MX$59.1

$4.12 $4.12

-22.82%

Imported Beer (0.33 liter bottle)

$5.44 MX$101

$4.96 $4.96

9.68%

Milk (1 liter)

$1.72 MX$31.96

$1.05 $1.05

63.81%

White Bread (500g)

$2.97 MX$55.2

$4.52 $4.52

-34.29%

Rice (white) (1kg)

$1.93 MX$35.84

$4.41 $4.41

-56.24%

Eggs

$2.77 MX$51.6

$6.47 $6.47

-57.19%

Local Cheese (1kg)

$11.67 MX$217

$10.49 $10.49

11.25%

Chicken Fillets (1kg)

$9.48 MX$176

$10.81 $10.81

-12.30%

Beef Round Steak (1kg)

$15.37 MX$286

$19.35 $19.35

-20.57%

Apples (1kg)

$3.10 MX$57.8

$5.44 $5.44

-43.01%

Banana (1kg)

$1.96 MX$36.49

$1.62 $1.62

20.99%

Oranges (1kg)

$1.98 MX$36.88

$3.25 $3.25

-39.08%

Tomato (1kg)

$2.34 MX$43.46

$3.12 $3.12

-25.00%

Potato (1kg)

$2.02 MX$37.66

$2.15 $2.15

-6.05%

Onion (1kg)

$1.82 MX$33.95

$2.45 $2.45

-25.71%

Lettuce (1 head)

$1.54 MX$28.74

$2.76 $2.76

-44.20%

Water (1.5 liter bottle)

$1.31 MX$24.42

$2.98 $2.98

-56.04%

Cigarettes 20 Pack (Marlboro, Camel)

$5.35 MX$99.6

$13.74 $13.74

-61.06%

Wine (Bottle)

$16.19 MX$301

$17.19 $17.19

-5.82%

Local Beer (0.5 liter bottle)

$1.96 MX$36.46

$1.91 $1.91

2.62%

Imported Beer (0.33 liter bottle)

$4.35 MX$81.0

$2.74 $2.74

58.76%

One-way Ticket (Public Transport)

$0.30 MX$5.67

$2.12 $2.12

-85.85%

Public Transport Monthly Pass (Regular Price)

$19.49 MX$363

$54.8 $54.8

-64.44%

Taxi Start (Normal Tariff)

$1.92 MX$35.68

$3.66 $3.66

-47.54%

Taxi (Normal Tariff) (1km)

$0.47 MX$8.80

$2.21 $2.21

-78.73%

Taxi 1hour Waiting (Normal Tariff)

$5.41 MX$101

$48.20 $48.20

-88.78%

Gasoline (1 liter)

$1.48 MX$27.61

$1.08 $1.08

37.04%

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

$21.4K MX$397.7K

$27.9K $27.9K

-23.40%

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

$23.8K MX$442.1K

$26.9K $26.9K

-11.84%

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

$62.0 MX$1,154

$199 $199

-68.85%

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

$28.47 MX$530

$36.53 $36.53

-22.06%

Internet (50+ Mbps, Unlimited Data)

$34.11 MX$635

$62.5 $62.5

-45.39%

Gym Membership (Monthly)

$58.4 MX$1,087

$39.23 $39.23

48.84%

Tennis Court (1 Hour on Weekend)

$24.50 MX$456

Cinema Ticket

$6.59 MX$123

$12.28 $12.28

-46.34%

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

$434 MX$8,081

$2,168 $2,168

-79.97%

International Primary School, 1 Child (Yearly)

$14.0K MX$261.2K

$34.9K $34.9K

-59.82%

Jeans (Levis 501 Or Similar)

$68.4 MX$1,272

$38.73 $38.73

76.48%

Summer Dress (H&M, Zara, etc)

$54.8 MX$1,020

$16.63 $16.63

229.52%

Sport Shoes (Adidas, Nike)

$111 MX$2,063

$98.1 $98.1

12.96%

Men's Leather Business Shoes

$116 MX$2,158

$129 $129

-9.74%

1-bedroom Apartment, City Center (Monthly)

$1,179 MX$21.9K

$1,552 $1,552

-24.00%

1-bedroom Apartment, Outside City Center (Monthly)

$771 MX$14.3K

$1,263 $1,263

-38.98%

3-bedroom Apartment, City Center (Monthly)

$2,570 MX$47.8K

$2,421 $2,421

6.16%

3-bedroom Apartment, Outside City Center (Monthly)

$1,420 MX$26.4K

$1,853 $1,853

-23.40%

Buy Apartment in City Center (m2)

$3,586 MX$66.7K

$2,624 $2,624

36.65%

Buy Apartment Outside City Center (m2)

$2,064 MX$38.4K

$2,427 $2,427

-14.96%

Average Monthly Net Salary (After Tax)

$1,003 MX$18.7K

$4,573 $4,573

-78.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

6.5

74.62%

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

Last update for Mexico City: November 1, 2026

Last update for Red Bank, NJ: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$771 46.1%

Red Bank, NJ

$1.3K 49.7% 63.9% $492

Groceries & Markets

Mexico City

$324 19.3%

Red Bank, NJ

$416 16.4% 28.5% $92

Eating Out

Mexico City

$201 12%

Red Bank, NJ

$296 11.6% 47.4% $95

Clothing & Footwear

Mexico City

$158 9.4%

Red Bank, NJ

$127 5% 19.4% $31

Monthly Utilities & Internet

Mexico City

$125 7.4%

Red Bank, NJ

$298 11.7% 139% $173

Sport & Entertainment

Mexico City

$72 4.3%

Red Bank, NJ

$64 2.5% 10.9% $7.8

Getting Around

Mexico City

$25 1.5%

Red Bank, NJ

$78 3.1% 212% $53

Cost Breakdown

A one-bedroom apartment in the center runs $1,179 in Mexico City and $1,552 in Red Bank, NJ. Housing cost is often the main lever when comparing two cities.

Red Bank, NJ pays about 4.6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $52 in Mexico City vs $74 in Red Bank, NJ for a mid-range dinner for two. Groceries echo the gap at $324 vs $416 per month, with Mexico City cheaper across the board.

Good to know

🇲🇽 Mexico City

🇺🇸 Red Bank, NJ

🕒 Local time

03:39 3:39 AM

04:39 4:39 AM

1 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

11,850

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.37 USD

100 MXN = 4.78 EUR

1 USD = 0.89 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 5, 2026: 1 USD = 18.61 MXN (100 MXN = 5.37 USD). 1 EUR = 20.91 MXN (100 MXN = 4.78 EUR).

United States Dollar exchange rates as of November 5, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to MXN in detail →

On the map

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Highest

Between locations

Mexico City Red Bank, NJ 3,330 km ≈ 4 h 45 min nonstop flight

From you

Mexico City
Red Bank, NJ

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 Red Bank, NJ: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,674 in Mexico City and $2,542 in Red Bank, NJ, so Mexico City is about 34% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 78% 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: $1,179 in Mexico City versus $1,552 in Red Bank, NJ. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 64% less than in Red Bank, NJ. The price difference matters if you commute daily and watch your budget.

Childcare runs $434 in Mexico City versus $2,168 in Red Bank, NJ. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

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.

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.

Expats usually find Mexico City gentler on the wallet – expenses run 34% less than in Red Bank, NJ. Beyond cost, consider language, visa policies, and how big the international community is in each city.