Last update: Oct 2026

Cost of Living Comparison Between Playa del Carmen and Terrace

For one person, living is cheaper in Playa del Carmen: $1,204 a month against $1,898 in Terrace, rent and utilities included – about $8,300 less a year. Rent and utilities account for most of the difference.

58

Cost of Living Index in Playa del Carmen
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Playa del Carmen Living Index
91

Cost of Living Index in Terrace
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Terrace Living Index

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Playa del Carmen

🇲🇽 Mexico

$1,204

/mo nomad

Terrace

🇨🇦 Canada

$1,898

/mo nomad

Monthly Cost of Living

How much you'll spend in Playa del Carmen and in Terrace

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Playa del Carmen and in Terrace actually costs, broken down by who's living it.

A single person spends $1,204 per month in Playa del Carmen vs $1,898 in Terrace, rent included.

Playa del Carmen $1,204
Terrace $1,898

A couple spends around $2,082 per month in Playa del Carmen vs $2,871 in Terrace, rent included.

Playa del Carmen $2,082
Terrace $2,871

A family of three spends $2,959 per month in Playa del Carmen vs $3,844 in Terrace, rent included.

Playa del Carmen $2,959
Terrace $3,844

Playa del Carmen is about 37% cheaper than Terrace, and outside of rent the biggest gap is in groceries.

Playa del Carmen sits 12% below the global median, while Terrace is 39% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.92 MX$205

$18.13 CA$25.34

-39.77%

Three-Course Dinner for Two, Mid-Range

$43.37 MX$814

$79.4 CA$111

-45.40%

Fast Food Meal (McDonalds, etc)

$11.78 MX$221

$11.12 CA$15.54

5.94%

Cappuccino

$3.81 MX$71.5

$3.62 CA$5.06

5.25%

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

$1.28 MX$24.07

$1.78 CA$2.49

-28.09%

Water (0.33 liter bottle)

$0.78 MX$14.70

$1.82 CA$2.55

-57.14%

Local Beer (0.5 liter draught)

$3.17 MX$59.5

$5.02 CA$7.02

-36.85%

Imported Beer (0.33 liter bottle)

$4.93 MX$92.7

$6.49 CA$9.07

-24.04%

Milk (1 liter)

$1.41 MX$26.40

$2.30 CA$3.21

-38.70%

White Bread (500g)

$2.22 MX$41.62

$2.59 CA$3.61

-14.29%

Rice (white) (1kg)

$1.42 MX$26.61

$5.27 CA$7.36

-73.06%

Eggs

$2.52 MX$47.36

$3.86 CA$5.39

-34.72%

Local Cheese (1kg)

$7.26 MX$136

$8.97 CA$12.53

-19.06%

Chicken Fillets (1kg)

$7.70 MX$144

$15.74 CA$21.99

-51.08%

Beef Round Steak (1kg)

$12.69 MX$238

$13.58 CA$18.97

-6.55%

Apples (1kg)

$2.78 MX$52.3

$4.25 CA$5.94

-34.59%

Banana (1kg)

$1.37 MX$25.68

$1.23 CA$1.72

11.38%

Oranges (1kg)

$2.55 MX$47.89

$3.11 CA$4.34

-18.01%

Tomato (1kg)

$2.12 MX$39.86

$3.89 CA$5.44

-45.50%

Potato (1kg)

$1.94 MX$36.39

$3.21 CA$4.49

-39.56%

Onion (1kg)

$1.89 MX$35.41

$3.18 CA$4.44

-40.57%

Lettuce (1 head)

$1.15 MX$21.53

$2.44 CA$3.41

-52.87%

Water (1.5 liter bottle)

$1.18 MX$22.13

$1.04 CA$1.45

13.46%

Cigarettes 20 Pack (Marlboro, Camel)

$4.30 MX$80.6

$11.82 CA$16.52

-63.62%

Wine (Bottle)

$9.95 MX$187

$13.39 CA$18.71

-25.69%

Local Beer (0.5 liter bottle)

$1.58 MX$29.73

$2.11 CA$2.95

-25.12%

Imported Beer (0.33 liter bottle)

$2.67 MX$50.1

$1.90 CA$2.65

40.53%

One-way Ticket (Public Transport)

$0.55 MX$10.39

$1.40 CA$1.96

-60.71%

Public Transport Monthly Pass (Regular Price)

$26.62 MX$500

$31.05 CA$43.39

-14.27%

Taxi Start (Normal Tariff)

$4.97 MX$93.3

$3.10 CA$4.33

60.32%

Taxi (Normal Tariff) (1km)

$3.33 MX$62.5

$1.40 CA$1.96

137.86%

Taxi 1hour Waiting (Normal Tariff)

$5.36 MX$101

$20.14 CA$28.14

-73.39%

Gasoline (1 liter)

$1.44 MX$27.11

$1.24 CA$1.73

16.13%

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

$20.7K MX$388.0K

$28.5K CA$39.8K

-27.44%

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

$23.5K MX$440.5K

$19.3K CA$27.0K

21.33%

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

$84.8 MX$1,592

$95.4 CA$133

-11.16%

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

$23.41 MX$439

$39.00 CA$54.5

-39.97%

Internet (50+ Mbps, Unlimited Data)

$28.66 MX$538

$59.6 CA$83.2

-51.88%

Gym Membership (Monthly)

$57.1 MX$1,071

$41.15 CA$57.5

38.64%

Tennis Court (1 Hour on Weekend)

$28.91 MX$543

$18.60 CA$26.00

55.43%

Cinema Ticket

$5.14 MX$96.5

$8.99 CA$12.56

-42.83%

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

$207 MX$3,878

$637 CA$890

-67.57%

International Primary School, 1 Child (Yearly)

$3,927 MX$73.7K

$12.6K CA$17.6K

-68.74%

Jeans (Levis 501 Or Similar)

$43.35 MX$814

$36.69 CA$51.3

18.15%

Summer Dress (H&M, Zara, etc)

$41.44 MX$778

$30.69 CA$42.88

35.03%

Sport Shoes (Adidas, Nike)

$74.2 MX$1,393

$78.5 CA$110

-5.44%

Men's Leather Business Shoes

$89.3 MX$1,676

$104 CA$145

-13.83%

1-bedroom Apartment, City Center (Monthly)

$980 MX$18.4K

$1,013 CA$1,416

-3.35%

1-bedroom Apartment, Outside City Center (Monthly)

$381 MX$7,150

$840 CA$1,174

-54.68%

3-bedroom Apartment, City Center (Monthly)

$1,708 MX$32.1K

$1,643 CA$2,296

3.93%

3-bedroom Apartment, Outside City Center (Monthly)

$1,075 MX$20.2K

$1,319 CA$1,843

-18.50%

Buy Apartment in City Center (m2)

$3,943 MX$74.0K

$4,346 CA$6,073

-9.28%

Buy Apartment Outside City Center (m2)

$6,158 MX$115.6K

$3,250 CA$4,541

89.48%

Average Monthly Net Salary (After Tax)

$735 MX$13.8K

$3,152 CA$4,404

-76.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.45

5.05

126.73%

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

Last update for Playa del Carmen: October 25, 2026

Last update for Terrace: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Playa del Carmen

$381 31.6%

Terrace

$840 44.3% 121% $460

Groceries & Markets

Playa del Carmen

$255 21.2%

Terrace

$371 19.6% 45.8% $117

Eating Out

Playa del Carmen

$202 16.8%

Terrace

$274 14.5% 35.6% $72

Monthly Utilities & Internet

Playa del Carmen

$137 11.4%

Terrace

$194 10.2% 41.8% $57

Clothing & Footwear

Playa del Carmen

$112 9.3%

Terrace

$112 5.9% 0.5% $0.5

Sport & Entertainment

Playa del Carmen

$67 5.6%

Terrace

$59 3.1% 12.2% $8.2

Getting Around

Playa del Carmen

$50 4.2%

Terrace

$47 2.5% 7.3% $3.7

Cost Breakdown

A central one-bedroom costs $980 in Playa del Carmen versus $1,013 in Terrace. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Terrace are about 4.3 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $43 in Playa del Carmen versus $79 in Terrace. Monthly groceries follow the same trend: $255 vs $371 – making Playa del Carmen the more affordable choice for daily food spending.

Good to know

🇲🇽 Playa del Carmen

🇨🇦 Terrace

🕒 Local time

21:04 9:04 PM

19:04 7:04 PM

2 h behind Playa del Carmen

🌤 Weather

👥 Population

149,923

19,443

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.33 USD

100 MXN = 4.77 EUR

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

Exchange rates and currency converter

CAD, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 2, 2026: 1 USD = 18.77 MXN (100 MXN = 5.33 USD). 1 EUR = 20.96 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).

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Playa del Carmen Terrace 5,120 km ≈ 7 h nonstop flight

From you

Playa del Carmen
Terrace

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

Playa del Carmen vs Terrace: Cost of Living - Frequently Asked Questions

Yes – Terrace is pricier by about 58%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,806 per month in Playa del Carmen and $2,848 in Terrace. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $980 in Playa del Carmen and $1,013 in Terrace. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $1,204 in Playa del Carmen and $1,898 in Terrace. That makes Playa del Carmen about 37% cheaper.

Public transport costs about 14% less in Playa del Carmen. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Playa del Carmen, where all-in costs run around $1,204, than in Terrace at $1,898. In Playa del Carmen it covers expenses comfortably, while in Terrace it requires careful planning or may not stretch far enough.

Families tend to lean toward Playa del Carmen – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Playa del Carmen. If higher salaries or specific career opportunities are the priority, Terrace makes more sense. Both are solid long-term options with distinct trade-offs.