😐Monthly costs for one person with rent: $1,467 in Mexico City versus $1,444 in Ulsan.
😐Estimated couple costs with rent: $2,371 in Mexico City versus $2,188 in Ulsan.
😐Monthly costs for a family of three with rent: $3,274 in Mexico City versus $2,932 in Ulsan.
😐Living in Mexico City is roughly 2% more expensive than Ulsan, driven mainly by Groceries & Markets.
📊Both cities are pricier than the global median: Mexico City10% above, Ulsan8% above.
Currency
🍽 Eating Out
Mexico City
Ulsan
Difference
Meal at Budget Restaurant
$13.18MX$228
$6.46₩9,900
104.02%
Three-Course Dinner for Two, Mid-Range
$53.9MX$934
$29.90₩45.8K
80.27%
Fast Food Meal(McDonalds, etc)
$9.42MX$163
$4.83₩7,394
95.03%
Cappuccino
$3.55MX$61.5
$3.15₩4,820
12.70%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.62MX$28.03
$1.12₩1,710
44.64%
Water(0.33 liter bottle)
$1.11MX$19.31
$0.39₩598
184.62%
Local Beer(0.5 liter draught)
$3.12MX$54.1
$2.60₩3,979
20.00%
Imported Beer(0.33 liter bottle)
$4.63MX$80.2
$3.29₩5,040
40.73%
🛒 Groceries & Markets
Mexico City
Ulsan
Difference
Milk(1 liter)
$1.70MX$29.48
$1.74₩2,670
-2.30%
White Bread(500g)
$2.72MX$47.10
$2.19₩3,352
24.20%
Rice(white)(1kg)
$1.91MX$33.13
$1.79₩2,748
6.70%
Eggs
$2.54MX$43.94
$2.88₩4,411
-11.81%
Local Cheese(1kg)
$10.03MX$174
$10.55₩16.2K
-4.93%
Chicken Fillets(1kg)
$8.09MX$140
$8.30₩12.7K
-2.53%
Beef Round Steak(1kg)
$11.62MX$201
$27.12₩41.6K
-57.15%
Apples(1kg)
$2.97MX$51.4
$7.16₩11.0K
-58.52%
Banana(1kg)
$1.81MX$31.30
$3.28₩5,030
-44.82%
Oranges(1kg)
$2.01MX$34.88
$7.29₩11.2K
-72.43%
Tomato(1kg)
$2.03MX$35.26
$4.43₩6,787
-54.18%
Potato(1kg)
$2.12MX$36.82
$3.74₩5,725
-43.32%
Onion(1kg)
$2.27MX$39.32
$2.47₩3,780
-8.10%
Lettuce(1 head)
$1.40MX$24.26
$2.08₩3,186
-32.69%
Water(1.5 liter bottle)
$1.13MX$19.59
$0.90₩1,380
25.56%
Cigarettes 20 Pack(Marlboro, Camel)
$4.27MX$74.0
$3.32₩5,089
28.61%
Wine(Bottle)
$15.56MX$270
$16.65₩25.5K
-6.55%
Local Beer(0.5 liter bottle)
$1.76MX$30.44
$1.69₩2,588
4.14%
Imported Beer(0.33 liter bottle)
$3.60MX$62.3
$3.47₩5,319
3.75%
🚌 Getting Around
Mexico City
Ulsan
Difference
One-way Ticket(Public Transport)
$0.38MX$6.64
$0.94₩1,434
-59.57%
Public Transport Monthly Pass(Regular Price)
$19.18MX$332
-
-
Taxi Start(Normal Tariff)
$1.38MX$23.84
$2.40₩3,671
-42.50%
Taxi(Normal Tariff)(1km)
$0.28MX$4.79
$0.79₩1,204
-64.56%
Taxi 1hour Waiting(Normal Tariff)
$5.45MX$94.4
$16.48₩25.3K
-66.93%
Gasoline(1 liter)
$1.30MX$22.60
$1.18₩1,805
10.17%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.7KMX$323.8K
$27.6K₩42.3M
-32.37%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.1KMX$400.8K
$25.2K₩38.6M
-8.22%
🧾 Monthly Utilities & Internet
Mexico City
Ulsan
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$40.86MX$708
$187₩286.4K
-78.14%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$26.81MX$465
$50.3₩77.1K
-46.71%
Internet(50+ Mbps, Unlimited Data)
$29.96MX$519
$27.92₩42.8K
7.31%
🎉 Sport & Entertainment
Mexico City
Ulsan
Difference
Gym Membership(Monthly)
$52.0MX$901
$59.4₩91.0K
-12.41%
Tennis Court(1 Hour on Weekend)
$26.84MX$465
-
-
Cinema Ticket
$6.30MX$109
$10.27₩15.7K
-38.66%
🧸 Childcare & Education
Mexico City
Ulsan
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$436MX$7,558
$252₩386.9K
72.73%
International Primary School, 1 Child(Yearly)
$10.4KMX$180.5K
$13.9K₩21.3M
-24.96%
👕👟 Clothing & Footwear
Mexico City
Ulsan
Difference
Jeans(Levis 501 Or Similar)
$56.7MX$982
$102₩156.1K
-44.38%
Summer Dress(H&M, Zara, etc)
$44.38MX$769
$47.53₩72.8K
-6.63%
Sport Shoes(Adidas, Nike)
$103MX$1,784
$87.0₩133.2K
18.37%
Men's Leather Business Shoes
$106MX$1,829
$115₩176.9K
-8.59%
🏠 Accommodation & Living
Mexico City
Ulsan
Difference
1-bedroom Apartment, City Center(Monthly)
$1,022MX$17.7K
$275₩421.5K
271.49%
1-bedroom Apartment, Outside City Center(Monthly)
$631MX$10.9K
$371₩568.3K
70.08%
3-bedroom Apartment, City Center(Monthly)
$2,136MX$37.0K
$1,055₩1.6M
102.42%
3-bedroom Apartment, Outside City Center(Monthly)
$1,243MX$21.5K
$764₩1.2M
62.58%
Buy Apartment in City Center(m2)
$3,903MX$67.6K
$3,918₩6.0M
-0.38%
Buy Apartment Outside City Center(m2)
$2,064MX$35.8K
$2,353₩3.6M
-12.26%
💵 Salaries & Financials
Mexico City
Ulsan
Difference
Average Monthly Net Salary(After Tax)
$1,115MX$19.3K
$2,022₩3.1M
-44.84%
20-Year Fixed Mortgage Interest Rate(Annual %)
11.34
4
183.50%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Mexico City: May 31, 2026
Last update for Ulsan: June 2, 2026
Cost Breakdown
🏠A one-bedroom apartment in the center runs $1,022 in Mexico City and $275 in Ulsan. Housing cost is often the main lever when comparing two cities.
💰Ulsan pays 81% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.
🛒Dining out: $54.0 in Mexico City vs $30.00 in Ulsan. Groceries flip the comparison at $288 vs $403, with Mexico City cheaper for home cooking.
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 Ulsan: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Mexico City and Ulsan?
Mexico City and Ulsan differ by about 2% in total monthly costs ($1,467 vs $1,444 including rent). Ulsan is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, Ulsan earns 81% less. 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 Ulsan?
Rent for a central apartment: $1,022 in Mexico City versus $275 in Ulsan. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Mexico City and Ulsan?
Childcare runs $436 in Mexico City versus $252 in Ulsan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper restaurants?
Dining out is cheaper in Ulsan – a meal for two runs $30.00 versus $54.0 in Mexico City. If you eat out regularly, this makes a real dent in your monthly spending.
Which city is more doable on $1,500 per month?
At $1,444 in Ulsan versus $1,467 in Mexico City, a $1,500 budget is realistic in Ulsan but tight or insufficient in Mexico City. The gap between the two cities makes Ulsan the clear choice for anyone on this budget.
How does quality of life compare between Mexico City and Ulsan?
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 Ulsan safer for residents?
Safety-wise, Mexico City and Ulsan 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 Ulsan?
Expats usually find Ulsan gentler on the wallet – expenses run 2% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.
Mexico City vs other spots: cost of living compared