Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Yellowknife

For one person, living is cheaper in Mexico City: $1,608 a month against $2,997 in Yellowknife, rent and utilities included – about $16,700 less a year. Rent and utilities account for most of the difference.

Mexico City, Mexico
Yellowknife, Canada
Mexico City
🇲🇽 Mexico
$1,608
/mo nomad
Yellowknife
🇨🇦 Canada
$2,997
/mo nomad
Monthly Cost of Living

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

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

Monthly costs for one person with rent: $1,608 in Mexico City versus $2,997 in Yellowknife.

  • Mexico City $1,608
  • Yellowknife $2,997

Estimated couple costs with rent: $2,549 in Mexico City versus $4,165 in Yellowknife.

  • Mexico City $2,549
  • Yellowknife $4,165

Monthly costs for a family of three with rent: $3,490 in Mexico City versus $5,333 in Yellowknife.

  • Mexico City $3,490
  • Yellowknife $5,333

Living in Mexico City costs roughly 46% less than in Yellowknife, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Mexico City 18% above, Yellowknife 120% above.

Currency
🍽 Eating Out
Mexico City
Yellowknife
Difference
Meal at Budget Restaurant
$10.62 MX$200
$19.93 CA$27.84
-46.71%
Three-Course Dinner for Two, Mid-Range
$48.35 MX$909
$86.8 CA$121
-44.29%
Fast Food Meal (McDonalds, etc)
$10.35 MX$194
$8.95 CA$12.51
15.64%
Cappuccino
$3.69 MX$69.4
$4.32 CA$6.03
-14.58%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.67 MX$31.32
$2.33 CA$3.25
-28.33%
Water (0.33 liter bottle)
$1.27 MX$23.78
$2.14 CA$3.00
-40.65%
Local Beer (0.5 liter draught)
$3.19 MX$60.0
$6.52 CA$9.11
-51.07%
Imported Beer (0.33 liter bottle)
$5.31 MX$99.7
$7.33 CA$10.24
-27.56%
🛒 Groceries & Markets
Mexico City
Yellowknife
Difference
Milk (1 liter)
$1.72 MX$32.41
$2.78 CA$3.88
-38.13%
White Bread (500g)
$3.04 MX$57.1
$2.63 CA$3.67
15.59%
Rice (white) (1kg)
$1.94 MX$36.48
$4.73 CA$6.61
-58.99%
Eggs
$2.89 MX$54.3
$3.17 CA$4.42
-8.83%
Local Cheese (1kg)
$10.97 MX$206
$7.09 CA$9.90
54.72%
Chicken Fillets (1kg)
$9.25 MX$174
$16.15 CA$22.56
-42.72%
Beef Round Steak (1kg)
$15.13 MX$284
$15.53 CA$21.70
-2.58%
Apples (1kg)
$3.05 MX$57.3
$4.85 CA$6.77
-37.11%
Banana (1kg)
$1.94 MX$36.48
$1.48 CA$2.07
31.08%
Oranges (1kg)
$2.03 MX$38.06
$5.29 CA$7.39
-61.63%
Tomato (1kg)
$2.31 MX$43.50
$7.50 CA$10.47
-69.20%
Potato (1kg)
$2.04 MX$38.25
$4.44 CA$6.21
-54.05%
Onion (1kg)
$1.80 MX$33.83
$3.54 CA$4.94
-49.15%
Lettuce (1 head)
$1.48 MX$27.80
$3.53 CA$4.93
-58.07%
Water (1.5 liter bottle)
$1.27 MX$23.82
$1.08 CA$1.51
17.59%
Cigarettes 20 Pack (Marlboro, Camel)
$5.30 MX$99.7
$17.18 CA$24.00
-69.15%
Wine (Bottle)
$16.10 MX$303
$14.50 CA$20.26
11.03%
Local Beer (0.5 liter bottle)
$1.98 MX$37.27
$4.34 CA$6.07
-54.38%
Imported Beer (0.33 liter bottle)
$4.25 MX$79.9
$6.29 CA$8.79
-32.43%
🚌 Getting Around
Mexico City
Yellowknife
Difference
One-way Ticket (Public Transport)
$0.31 MX$5.73
$1.40 CA$1.96
-77.86%
Public Transport Monthly Pass (Regular Price)
$19.73 MX$371
$53.5 CA$74.7
-63.10%
Taxi Start (Normal Tariff)
$1.84 MX$34.53
$3.19 CA$4.46
-42.32%
Taxi (Normal Tariff) (1km)
$0.53 MX$10.03
$1.47 CA$2.05
-63.95%
Taxi 1hour Waiting (Normal Tariff)
$5.30 MX$99.5
-
-
Gasoline (1 liter)
$1.51 MX$28.39
$1.28 CA$1.78
17.97%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.8K MX$408.8K
$24.3K CA$34.0K
-10.53%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.0K MX$450.8K
$20.1K CA$28.0K
19.58%
🧾 Monthly Utilities & Internet
Mexico City
Yellowknife
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$63.0 MX$1,184
$369 CA$516
-82.94%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.39 MX$515
$59.0 CA$82.5
-53.61%
Internet (50+ Mbps, Unlimited Data)
$35.67 MX$670
$102 CA$142
-65.00%
🎉 Sport & Entertainment
Mexico City
Yellowknife
Difference
Gym Membership (Monthly)
$58.9 MX$1,108
$73.6 CA$103
-19.96%
Tennis Court (1 Hour on Weekend)
$23.64 MX$444
-
-
Cinema Ticket
$6.40 MX$120
$9.93 CA$13.87
-35.55%
🧸 Childcare & Education
Mexico City
Yellowknife
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$432 MX$8,111
$594 CA$829
-27.29%
International Primary School, 1 Child (Yearly)
$11.4K MX$214.7K
-
-
👕👟 Clothing & Footwear
Mexico City
Yellowknife
Difference
Jeans (Levis 501 Or Similar)
$68.2 MX$1,282
$65.3 CA$91.2
4.54%
Summer Dress (H&M, Zara, etc)
$53.1 MX$999
$36.14 CA$50.5
47.01%
Sport Shoes (Adidas, Nike)
$108 MX$2,026
$103 CA$144
4.62%
Men's Leather Business Shoes
$117 MX$2,204
$119 CA$166
-1.30%
🏠 Accommodation & Living
Mexico City
Yellowknife
Difference
1-bedroom Apartment, City Center (Monthly)
$1,113 MX$20.9K
$1,616 CA$2,257
-31.08%
1-bedroom Apartment, Outside City Center (Monthly)
$710 MX$13.4K
$1,419 CA$1,982
-49.92%
3-bedroom Apartment, City Center (Monthly)
$2,588 MX$48.6K
$2,356 CA$3,292
9.84%
3-bedroom Apartment, Outside City Center (Monthly)
$1,406 MX$26.4K
$2,048 CA$2,861
-31.34%
Buy Apartment in City Center (m2)
$3,631 MX$68.2K
$3,093 CA$4,321
17.41%
Buy Apartment Outside City Center (m2)
$2,135 MX$40.1K
$2,882 CA$4,027
-25.93%
💵 Salaries & Financials
Mexico City
Yellowknife
Difference
Average Monthly Net Salary (After Tax)
$946 MX$17.8K
$4,657 CA$6,506
-79.68%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.35
5.32
113.35%

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

Last update for Mexico City: October 25, 2026

Last update for Yellowknife: October 24, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Mexico City
$710
Yellowknife
$1.4K 99.7% $708
Groceries & Markets
Mexico City
$320
Yellowknife
$437 36.7% $117
Eating Out
Mexico City
$199
Yellowknife
$303 52.7% $105
Clothing & Footwear
Mexico City
$156
Yellowknife
$145 6.7% $10
Monthly Utilities & Internet
Mexico City
$126
Yellowknife
$530 321% $404
Sport & Entertainment
Mexico City
$72
Yellowknife
$93 30.3% $22
Getting Around
Mexico City
$25
Yellowknife
$70 173% $44

Cost Breakdown

A one-bedroom apartment in the center runs $1,113 in Mexico City and $1,616 in Yellowknife. Housing cost is often the main lever when comparing two cities.

Yellowknife pays about 4.9 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Mexico City vs $87 in Yellowknife for a mid-range dinner for two. Groceries echo the gap at $320 vs $437 per month, with Mexico City cheaper across the board.

Good to know
🇲🇽 Mexico City
🇨🇦 Yellowknife
🕒 Local time
19:06 7:06 PM
19:06 7:06 PM
Same time as Mexico City
🌤 Weather
👥 Population
9,209,944 Capital
19,234
💱 Currency
Exchange rates and currency converter

CAD, USD, EUR to MXN – Mexican Peso Converter

Mexican Peso exchange rates as of November 2, 2026: 1 USD = 18.79 MXN (100 MXN = 5.32 USD). 1 EUR = 20.98 MXN (100 MXN = 4.77 EUR).

Canadian Dollar exchange rates as of November 2, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.56 CAD (1 CAD = 0.641 EUR).

On the map
Between locations
  • Mexico City Yellowknife 4,930 km ≈ 7 h nonstop flight
From you
  • Mexico City
  • Yellowknife

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 Yellowknife: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Mexico City and in Yellowknife?
Total monthly costs including rent come to $1,608 in Mexico City and $2,997 in Yellowknife, so Mexico City is about 46% cheaper – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 80% 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.
How do apartment prices compare in Mexico City and in Yellowknife?
Rent for a central apartment: $1,113 in Mexico City versus $1,616 in Yellowknife. 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 Yellowknife?
A monthly transit pass in Mexico City runs roughly 63% less than in Yellowknife. The price difference matters if you commute daily and watch your budget.
What is the difference in childcare costs between Mexico City and Yellowknife?
Childcare runs $432 in Mexico City versus $594 in Yellowknife. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
How does quality of life compare between Mexico City and Yellowknife?
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.
Where should expats move: Mexico City or Yellowknife?
Expats usually find Mexico City gentler on the wallet – expenses run 46% less than in Yellowknife. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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