Cost of Living Comparison Between Mykonos and Mexico City Cost of Living Comparison Between Mykonos and Mexico City

Monthly Cost of Living

Monthly costs for one person with rent: $1,534 in Mykonos versus $1,646 in Mexico City.

Estimated couple costs with rent: $2,338 in Mykonos versus $2,613 in Mexico City.

Monthly costs for a family of three with rent: $3,142 in Mykonos versus $3,580 in Mexico City.

Living in Mykonos costs roughly 7% less than in Mexico City, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Mykonos 12% above, Mexico City 20% above.

Meal at Budget Restaurant

$14.91 €12.86

$12.11 MX$206

23.12%

Three-Course Dinner for Two, Mid-Range

$58.6 €50.5

$52.2 MX$887

12.12%

Fast Food Meal (McDonalds, etc)

$8.47 €7.31

$10.90 MX$185

-22.29%

Cappuccino

$4.21 €3.63

$4.05 MX$68.9

3.95%

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

$2.44 €2.10

$1.72 MX$29.15

41.86%

Water (0.33 liter bottle)

$0.74 €0.64

$1.38 MX$23.41

-46.38%

Local Beer (0.5 liter draught)

$4.76 €4.11

$3.47 MX$58.9

37.18%

Imported Beer (0.33 liter bottle)

$5.54 €4.77

$5.81 MX$98.8

-4.65%

Milk (1 liter)

$1.78 €1.53

$1.85 MX$31.50

-3.78%

White Bread (500g)

$1.51 €1.30

$3.22 MX$54.8

-53.11%

Rice (white) (1kg)

$1.72 €1.48

$2.09 MX$35.44

-17.70%

Eggs

$4.49 €3.87

$2.91 MX$49.44

54.30%

Local Cheese (1kg)

$16.25 €14.01

$12.49 MX$212

30.10%

Chicken Fillets (1kg)

$11.17 €9.64

$10.11 MX$172

10.48%

Beef Round Steak (1kg)

$15.81 €13.64

$15.89 MX$270

-0.50%

Apples (1kg)

$2.34 €2.02

$3.31 MX$56.3

-29.31%

Banana (1kg)

$2.15 €1.85

$2.13 MX$36.14

0.94%

Oranges (1kg)

$1.46 €1.26

$2.19 MX$37.22

-33.33%

Tomato (1kg)

$1.97 €1.70

$2.45 MX$41.59

-19.59%

Potato (1kg)

$1.28 €1.11

$2.19 MX$37.20

-41.55%

Onion (1kg)

$1.31 €1.13

$1.90 MX$32.37

-31.05%

Lettuce (1 head)

$0.92 €0.79

$1.62 MX$27.45

-43.21%

Water (1.5 liter bottle)

$0.74 €0.64

$1.35 MX$22.94

-45.19%

Cigarettes 20 Pack (Marlboro, Camel)

$5.14 €4.44

$5.43 MX$92.2

-5.34%

Wine (Bottle)

$7.70 €6.64

$17.59 MX$299

-56.23%

Local Beer (0.5 liter bottle)

$2.06 €1.78

$2.07 MX$35.14

-0.48%

Imported Beer (0.33 liter bottle)

$2.94 €2.53

$4.75 MX$80.7

-38.11%

One-way Ticket (Public Transport)

$1.35 €1.16

$0.34 MX$5.78

297.06%

Public Transport Monthly Pass (Regular Price)

$53.4 €46.07

$21.58 MX$367

147.50%

Taxi Start (Normal Tariff)

$4.63 €3.99

$2.04 MX$34.67

126.96%

Taxi (Normal Tariff) (1km)

$1.17 €1.01

$0.58 MX$9.82

101.72%

Taxi 1hour Waiting (Normal Tariff)

$11.80 €10.18

$5.97 MX$101

97.65%

Gasoline (1 liter)

$2.16 €1.87

$1.62 MX$27.46

33.33%

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

$29.5K €25.5K

$22.8K MX$387.6K

29.53%

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

$25.8K €22.3K

$26.7K MX$453.1K

-3.14%

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

$199 €172

$65.2 MX$1,109

205.20%

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

$32.21 €27.78

$29.87 MX$508

7.83%

Internet (50+ Mbps, Unlimited Data)

$39.21 €33.82

$36.55 MX$621

7.28%

Gym Membership (Monthly)

$51.4 €44.32

$61.0 MX$1,037

-15.75%

Tennis Court (1 Hour on Weekend)

$28.98 €24.99

$26.70 MX$454

8.54%

Cinema Ticket

$9.14 €7.88

$6.85 MX$116

33.43%

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

$419 €361

$453 MX$7,705

-7.63%

International Primary School, 1 Child (Yearly)

$4,156 €3,584

$13.4K MX$227.2K

-68.92%

Jeans (Levis 501 Or Similar)

$86.1 €74.3

$75.0 MX$1,274

14.90%

Summer Dress (H&M, Zara, etc)

$45.19 €38.98

$55.3 MX$940

-18.27%

Sport Shoes (Adidas, Nike)

$87.8 €75.7

$114 MX$1,931

-22.71%

Men's Leather Business Shoes

$141 €122

$123 MX$2,084

15.19%

1-bedroom Apartment, City Center (Monthly)

$500 €431

$1,134 MX$19.3K

-55.93%

1-bedroom Apartment, Outside City Center (Monthly)

$412 €356

$712 MX$12.1K

-42.12%

3-bedroom Apartment, City Center (Monthly)

$720 €621

$2,571 MX$43.7K

-72.00%

3-bedroom Apartment, Outside City Center (Monthly)

$759 €654

$1,311 MX$22.3K

-42.15%

Buy Apartment in City Center (m2)

$3,223 €2,780

$3,993 MX$67.8K

-19.27%

Buy Apartment Outside City Center (m2)

$2,595 €2,238

$2,095 MX$35.6K

23.84%

Average Monthly Net Salary (After Tax)

$1,677 €1,446

$1,047 MX$17.8K

60.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

11.3

-60.71%

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

Last update for Mykonos: August 30, 2026

Last update for Mexico City: August 29, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $500 in Mykonos and $1,134 in Mexico City. Housing cost is often the main lever when comparing two cities.

Mykonos pays 60% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $59.0 in Mykonos vs $52.0 in Mexico City. Groceries flip the comparison at $301 vs $345, with Mykonos 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

Mykonos vs Mexico City: Cost of Living - Frequently Asked Questions

Mykonos and Mexico City differ by about 7% in total monthly costs ($1,534 vs $1,646 including rent). Mykonos is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 60% higher in Mykonos, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $500 in Mykonos versus $1,134 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mykonos runs roughly 147% less than in Mexico City. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $419 in Mykonos versus $453 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,534 in Mykonos versus $1,646 in Mexico City, a $2,000 budget is realistic in Mykonos but tight or insufficient in Mexico City. The gap between the two cities makes Mykonos the clear choice for anyone on this budget.

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 Mykonos gentler on the wallet – expenses run 7% less than in Mexico City. Beyond cost, consider language, visa policies, and how big the international community is in each city.