Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Waterloo, IA

For one person, living is cheaper in Mexico City: $1,608 a month against $1,807 in Waterloo, IA, rent and utilities included – about $2,400 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
87

Cost of Living Index in Waterloo, IA
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Waterloo, IA Living Index

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Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Waterloo, IA

🇺🇸 United States

$1,807

/mo nomad

Monthly Cost of Living

How much you'll spend in Mexico City and in Waterloo, IA

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

Monthly costs for one person with rent: $1,608 in Mexico City versus $1,807 in Waterloo, IA.

Mexico City $1,608
Waterloo, IA $1,807

Estimated couple costs with rent: $2,549 in Mexico City versus $2,550 in Waterloo, IA.

Mexico City $2,549
Waterloo, IA $2,550

Monthly costs for a family of three with rent: $3,490 in Mexico City versus $3,294 in Waterloo, IA.

Mexico City $3,490
Waterloo, IA $3,294

Living in Mexico City costs roughly 11% less than in Waterloo, IA, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Mexico City 18% above, Waterloo, IA 33% above.

Meal at Budget Restaurant

$10.62 MX$200

$16.11 $16.11

-34.08%

Three-Course Dinner for Two, Mid-Range

$48.35 MX$909

$56.4 $56.4

-14.26%

Fast Food Meal (McDonalds, etc)

$10.35 MX$194

$8.91 $8.91

16.16%

Cappuccino

$3.69 MX$69.4

$5.81 $5.81

-36.49%

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

$1.67 MX$31.32

$2.67 $2.67

-37.45%

Water (0.33 liter bottle)

$1.27 MX$23.78

$1.95 $1.95

-34.87%

Local Beer (0.5 liter draught)

$3.19 MX$60.0

$3.92 $3.92

-18.62%

Imported Beer (0.33 liter bottle)

$5.31 MX$99.7

$7.82 $7.82

-32.10%

Milk (1 liter)

$1.72 MX$32.41

$0.97 $0.97

77.32%

White Bread (500g)

$3.04 MX$57.1

$2.40 $2.40

26.67%

Rice (white) (1kg)

$1.94 MX$36.48

$1.74 $1.74

11.49%

Eggs

$2.89 MX$54.3

$3.61 $3.61

-19.94%

Local Cheese (1kg)

$10.97 MX$206

$13.41 $13.41

-18.20%

Chicken Fillets (1kg)

$9.25 MX$174

$13.36 $13.36

-30.76%

Beef Round Steak (1kg)

$15.13 MX$284

$17.38 $17.38

-12.95%

Apples (1kg)

$3.05 MX$57.3

$4.70 $4.70

-35.11%

Banana (1kg)

$1.94 MX$36.48

$1.53 $1.53

26.80%

Oranges (1kg)

$2.03 MX$38.06

$3.87 $3.87

-47.55%

Tomato (1kg)

$2.31 MX$43.50

$4.43 $4.43

-47.86%

Potato (1kg)

$2.04 MX$38.25

$1.14 $1.14

78.95%

Onion (1kg)

$1.80 MX$33.83

$2.21 $2.21

-18.55%

Lettuce (1 head)

$1.48 MX$27.80

$1.97 $1.97

-24.87%

Water (1.5 liter bottle)

$1.27 MX$23.82

$1.57 $1.57

-19.11%

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$99.7

$8.25 $8.25

-35.76%

Wine (Bottle)

$16.10 MX$303

$13.98 $13.98

15.16%

Local Beer (0.5 liter bottle)

$1.98 MX$37.27

$2.71 $2.71

-26.94%

Imported Beer (0.33 liter bottle)

$4.25 MX$79.9

$1.77 $1.77

140.11%

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

$4.04 $4.04

-54.46%

Taxi (Normal Tariff) (1km)

$0.53 MX$10.03

$2.03 $2.03

-73.89%

Taxi 1hour Waiting (Normal Tariff)

$5.30 MX$99.5

$44.55 $44.55

-88.10%

Gasoline (1 liter)

$1.51 MX$28.39

$1.01 $1.01

49.50%

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

$21.8K MX$408.8K

$31.0K $31.0K

-29.80%

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

$24.0K MX$450.8K

$26.0K $26.0K

-7.82%

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

$63.0 MX$1,184

$152 $152

-58.52%

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

$27.39 MX$515

$52.8 $52.8

-48.11%

Internet (50+ Mbps, Unlimited Data)

$35.67 MX$670

$60.8 $60.8

-41.36%

Gym Membership (Monthly)

$58.9 MX$1,108

$26.92 $26.92

118.95%

Tennis Court (1 Hour on Weekend)

$23.64 MX$444

Cinema Ticket

$6.40 MX$120

$15.19 $15.19

-57.87%

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

$432 MX$8,111

$1,662 $1,662

-74.04%

International Primary School, 1 Child (Yearly)

$11.4K MX$214.7K

$23.7K $23.7K

-51.87%

Jeans (Levis 501 Or Similar)

$68.2 MX$1,282

$19.83 $19.83

244.02%

Summer Dress (H&M, Zara, etc)

$53.1 MX$999

$15.15 $15.15

250.69%

Sport Shoes (Adidas, Nike)

$108 MX$2,026

$58.9 $58.9

82.93%

Men's Leather Business Shoes

$117 MX$2,204

$79.2 $79.2

48.14%

1-bedroom Apartment, City Center (Monthly)

$1,113 MX$20.9K

$850 $850

30.97%

1-bedroom Apartment, Outside City Center (Monthly)

$710 MX$13.4K

$749 $749

-5.15%

3-bedroom Apartment, City Center (Monthly)

$2,588 MX$48.6K

$1,359 $1,359

90.46%

3-bedroom Apartment, Outside City Center (Monthly)

$1,406 MX$26.4K

$973 $973

44.52%

Buy Apartment in City Center (m2)

$3,631 MX$68.2K

$1,582 $1,582

129.53%

Buy Apartment Outside City Center (m2)

$2,135 MX$40.1K

$1,530 $1,530

39.52%

Average Monthly Net Salary (After Tax)

$946 MX$17.8K

$3,801 $3,801

-75.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

6.69

69.66%

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

Last update for Mexico City: October 25, 2026

Last update for Waterloo, IA: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$710 44.2%

Waterloo, IA

$749 41.5% 5.4% $39

Groceries & Markets

Mexico City

$320 19.9%

Waterloo, IA

$364 20.2% 14% $45

Eating Out

Mexico City

$199 12.4%

Waterloo, IA

$279 15.4% 40.5% $80

Clothing & Footwear

Mexico City

$156 9.7%

Waterloo, IA

$78 4.3% 50% $78

Monthly Utilities & Internet

Mexico City

$126 7.8%

Waterloo, IA

$265 14.7% 111% $139

Sport & Entertainment

Mexico City

$72 4.5%

Waterloo, IA

$57 3.2% 20.1% $14

Getting Around

Mexico City

$25 1.6%

Waterloo, IA

$14 * 0.8% 44.3% $11

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,113 in Mexico City and $850 in Waterloo, IA. Housing cost is often the main lever when comparing two cities.

Waterloo, IA pays about 4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Mexico City vs $56 in Waterloo, IA for a mid-range dinner for two. Groceries echo the gap at $320 vs $364 per month, with Mexico City cheaper across the board.

Good to know

🇲🇽 Mexico City

🇺🇸 Waterloo, IA

🕒 Local time

02:07 2:07 AM

Same time as Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

67,314

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.32 USD

100 MXN = 4.77 EUR

1 USD = 0.896 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 2, 2026: 1 USD = 18.79 MXN (100 MXN = 5.32 USD). 1 EUR = 20.97 MXN (100 MXN = 4.77 EUR).

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

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Mexico City Waterloo, IA 2,640 km ≈ 3 h 45 min nonstop flight

From you

Mexico City
Waterloo, IA

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 Waterloo, IA: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,608 in Mexico City and $1,807 in Waterloo, IA, so Mexico City is about 11% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 75% 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 $850 in Waterloo, IA. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $432 in Mexico City versus $1,662 in Waterloo, IA. 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 $56 in Waterloo, IA. 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.

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.

It comes down to priorities – Mexico City wins on affordability, Waterloo, IA on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.