Last update: Oct 2026

Cost of Living Comparison Between Terrace and Mexico City

For one person, living is cheaper in Mexico City: $1,567 a month against $1,887 in Terrace, rent and utilities included – about $3,800 less a year. Rent and utilities account for most of the difference.

91

Cost of Living Index in Terrace
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Terrace Living Index
76

Cost of Living Index in Mexico City
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Mexico City Living Index

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Terrace

🇨🇦 Canada

$1,887

/mo nomad

Mexico City

🇲🇽 Mexico

$1,567

/mo nomad

Monthly Cost of Living

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

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

Monthly costs for one person with rent: $1,887 in Terrace versus $1,567 in Mexico City.

Terrace $1,887
Mexico City $1,567

Estimated couple costs with rent: $2,853 in Terrace versus $2,450 in Mexico City.

Terrace $2,853
Mexico City $2,450

Monthly costs for a family of three with rent: $3,819 in Terrace versus $3,333 in Mexico City.

Terrace $3,819
Mexico City $3,333

Living in Terrace is roughly 20% more expensive than in Mexico City, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Terrace 40% above, Mexico City 16% above.

Meal at Budget Restaurant

$17.53 CA$24.78

$10.75 MX$199

63.07%

Three-Course Dinner for Two, Mid-Range

$79.9 CA$113

$50.3 MX$929

58.97%

Fast Food Meal (McDonalds, etc)

$9.87 CA$13.95

$11.10 MX$205

-11.08%

Cappuccino

$3.93 CA$5.55

$3.68 MX$68.1

6.79%

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

$2.09 CA$2.95

$1.65 MX$30.42

26.67%

Water (0.33 liter bottle)

$1.62 CA$2.29

$1.30 MX$24.08

24.62%

Local Beer (0.5 liter draught)

$5.19 CA$7.34

$3.32 MX$61.3

56.33%

Imported Beer (0.33 liter bottle)

$6.15 CA$8.69

$5.54 MX$102

11.01%

Milk (1 liter)

$2.25 CA$3.19

$1.77 MX$32.68

27.12%

White Bread (500g)

$2.63 CA$3.72

$3.05 MX$56.4

-13.77%

Rice (white) (1kg)

$5.10 CA$7.21

$2.01 MX$37.20

153.73%

Eggs

$3.60 CA$5.10

$2.77 MX$51.1

29.96%

Local Cheese (1kg)

$8.81 CA$12.45

$11.91 MX$220

-26.03%

Chicken Fillets (1kg)

$15.36 CA$21.71

$9.33 MX$172

64.63%

Beef Round Steak (1kg)

$13.51 CA$19.10

$15.02 MX$278

-10.05%

Apples (1kg)

$4.06 CA$5.73

$3.08 MX$56.8

31.82%

Banana (1kg)

$1.21 CA$1.72

$1.95 MX$35.97

-37.95%

Oranges (1kg)

$2.99 CA$4.23

$2.03 MX$37.54

47.29%

Tomato (1kg)

$3.67 CA$5.20

$2.21 MX$40.92

66.06%

Potato (1kg)

$3.14 CA$4.44

$2.02 MX$37.41

55.45%

Onion (1kg)

$3.13 CA$4.43

$1.82 MX$33.67

71.98%

Lettuce (1 head)

$2.37 CA$3.36

$1.52 MX$28.07

55.92%

Water (1.5 liter bottle)

$1.01 CA$1.43

$1.28 MX$23.65

-21.09%

Cigarettes 20 Pack (Marlboro, Camel)

$11.27 CA$15.94

$5.27 MX$97.4

113.85%

Wine (Bottle)

$13.44 CA$18.99

$16.12 MX$298

-16.63%

Local Beer (0.5 liter bottle)

$2.09 CA$2.96

$1.95 MX$36.05

7.18%

Imported Beer (0.33 liter bottle)

$1.78 CA$2.52

$4.25 MX$78.6

-58.12%

One-way Ticket (Public Transport)

$1.38 CA$1.95

$0.31 MX$5.82

345.16%

Public Transport Monthly Pass (Regular Price)

$31.40 CA$44.40

$19.85 MX$367

58.19%

Taxi Start (Normal Tariff)

$3.30 CA$4.66

$2.00 MX$36.93

65.00%

Taxi (Normal Tariff) (1km)

$1.50 CA$2.12

$0.53 MX$9.86

183.02%

Taxi 1hour Waiting (Normal Tariff)

$20.03 CA$28.31

$5.62 MX$104

256.41%

Gasoline (1 liter)

$1.22 CA$1.72

$1.52 MX$28.07

-19.74%

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

$27.8K CA$39.3K

$21.0K MX$388.7K

32.20%

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

$18.7K CA$26.5K

$25.2K MX$465.3K

-25.64%

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

$93.2 CA$132

$62.5 MX$1,155

49.21%

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

$38.92 CA$55.0

$28.77 MX$532

35.28%

Internet (50+ Mbps, Unlimited Data)

$58.3 CA$82.5

$34.45 MX$637

69.35%

Gym Membership (Monthly)

$40.14 CA$56.7

$57.1 MX$1,055

-29.70%

Tennis Court (1 Hour on Weekend)

$16.45 CA$23.26

$24.81 MX$458

-33.70%

Cinema Ticket

$8.91 CA$12.60

$6.67 MX$123

33.58%

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

$733 CA$1,037

$431 MX$7,964

70.16%

International Primary School, 1 Child (Yearly)

$13.4K CA$18.9K

$11.7K MX$216.9K

14.14%

Jeans (Levis 501 Or Similar)

$36.65 CA$51.8

$70.8 MX$1,308

-48.23%

Summer Dress (H&M, Zara, etc)

$30.29 CA$42.82

$51.8 MX$958

-41.56%

Sport Shoes (Adidas, Nike)

$79.8 CA$113

$109 MX$2,011

-26.71%

Men's Leather Business Shoes

$104 CA$147

$112 MX$2,076

-7.62%

1-bedroom Apartment, City Center (Monthly)

$992 CA$1,402

$1,051 MX$19.4K

-5.67%

1-bedroom Apartment, Outside City Center (Monthly)

$845 CA$1,194

$665 MX$12.3K

27.04%

3-bedroom Apartment, City Center (Monthly)

$1,556 CA$2,200

$2,346 MX$43.3K

-33.67%

3-bedroom Apartment, Outside City Center (Monthly)

$1,325 CA$1,874

$1,227 MX$22.7K

8.07%

Buy Apartment in City Center (m2)

$4,127 CA$5,835

$3,554 MX$65.7K

16.14%

Buy Apartment Outside City Center (m2)

$3,426 CA$4,843

$1,977 MX$36.5K

73.27%

Average Monthly Net Salary (After Tax)

$3,096 CA$4,376

$975 MX$18.0K

217.60%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.05

11.3

-55.31%

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

Last update for Terrace: October 11, 2026

Last update for Mexico City: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Terrace

$845 44.8%

Mexico City

$665 42.4% 21.3% $180

Groceries & Markets

Terrace

$364 19.3%

Mexico City

$323 20.6% 11.3% $41

Eating Out

Terrace

$270 14.3%

Mexico City

$203 13% 24.8% $67

Monthly Utilities & Internet

Terrace

$191 10.1%

Mexico City

$126 8% 34% $65

Clothing & Footwear

Terrace

$113 6%

Mexico City

$155 9.9% 37.3% $42

Sport & Entertainment

Terrace

$58 3.1%

Mexico City

$70 4.5% 21.5% $12

Getting Around

Terrace

$48 2.5%

Mexico City

$26 1.6% 46% $22

Cost Breakdown

A one-bedroom apartment in the center runs $992 in Terrace and $1,051 in Mexico City. Housing cost is often the main lever when comparing two cities.

Terrace pays 218% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $80.0 in Terrace vs $50.0 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $364 vs $323 per month, with Mexico City cheaper across the board.

Good to know

🇨🇦 Terrace

🇲🇽 Mexico City

🕒 Local time

12:53 12:53 PM

13:53 1:53 PM

1 h ahead of Terrace

🌤 Weather

👥 Population

19,443

9,209,944 Capital

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

Exchange rates and currency converter

MXN, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to CAD in detail →

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Between locations

Terrace Mexico City 4,630 km ≈ 6 h nonstop flight

From you

Terrace
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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

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

Terrace and Mexico City differ by about 20% in total monthly costs ($1,887 vs $1,567 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 218% higher in Terrace, 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: $992 in Terrace versus $1,051 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 58% less than in Terrace. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $733 in Terrace versus $431 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,567 in Mexico City versus $1,887 in Terrace, a $2,000 budget is realistic in Mexico City but tight or insufficient in Terrace. The gap between the two cities makes Mexico City 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 Mexico City gentler on the wallet – expenses run 20% less than in Terrace. Beyond cost, consider language, visa policies, and how big the international community is in each city.