😐A single person spends $1,914 per month in Terrace vs $1,297 in Playa del Carmen, rent included.
😐A couple spends around $2,928 per month in Terrace vs $2,181 in Playa del Carmen, rent included.
😐A family of three spends $3,942 per month in Terrace vs $3,065 in Playa del Carmen, rent included.
😐Terrace costs about 48% more than Playa del Carmen, driven mainly by Groceries & Markets.
📊Terrace sits 43% above the global median, while Playa del Carmen is 3% below – they fall on opposite sides of the world average.
Currency
🍽 Eating Out
Terrace
Playa del Carmen
Difference
Meal at Budget Restaurant
$18.14CA$25.20
$11.73MX$203
54.65%
Three-Course Dinner for Two, Mid-Range
$83.3CA$116
$41.62MX$721
100.17%
Fast Food Meal(McDonalds, etc)
$11.24CA$15.61
$10.64MX$184
5.64%
Cappuccino
$3.85CA$5.34
$3.52MX$61.0
9.38%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$2.05CA$2.85
$1.51MX$26.17
35.76%
Water(0.33 liter bottle)
$1.69CA$2.35
$0.97MX$16.87
74.23%
Local Beer(0.5 liter draught)
$4.37CA$6.07
$2.95MX$51.1
48.14%
Imported Beer(0.33 liter bottle)
$5.86CA$8.14
$4.45MX$77.2
31.69%
🛒 Groceries & Markets
Terrace
Playa del Carmen
Difference
Milk(1 liter)
$2.46CA$3.42
$1.38MX$23.97
78.26%
White Bread(500g)
$2.73CA$3.79
$1.89MX$32.78
44.44%
Rice(white)(1kg)
$5.39CA$7.49
$1.64MX$28.37
228.66%
Eggs
$3.98CA$5.54
$2.51MX$43.42
58.57%
Local Cheese(1kg)
$9.06CA$12.58
$8.34MX$145
8.63%
Chicken Fillets(1kg)
$15.65CA$21.74
$8.34MX$145
87.65%
Beef Round Steak(1kg)
$14.07CA$19.55
$10.73MX$186
31.13%
Apples(1kg)
$4.44CA$6.17
$2.60MX$45.12
70.77%
Banana(1kg)
$1.28CA$1.77
$1.46MX$25.25
-12.33%
Oranges(1kg)
$3.24CA$4.50
$1.90MX$32.94
70.53%
Tomato(1kg)
$3.89CA$5.41
$2.08MX$35.98
87.02%
Potato(1kg)
$3.45CA$4.79
$1.78MX$30.77
93.82%
Onion(1kg)
$3.11CA$4.33
$2.19MX$37.87
42.01%
Lettuce(1 head)
$2.57CA$3.58
$1.04MX$18.02
147.12%
Water(1.5 liter bottle)
$1.01CA$1.40
$1.08MX$18.66
-6.48%
Cigarettes 20 Pack(Marlboro, Camel)
$11.92CA$16.56
$4.08MX$70.7
192.16%
Wine(Bottle)
$13.87CA$19.27
$10.32MX$179
34.40%
Local Beer(0.5 liter bottle)
$2.21CA$3.07
$1.71MX$29.67
29.24%
Imported Beer(0.33 liter bottle)
$1.87CA$2.60
$2.58MX$44.63
-27.52%
🚌 Getting Around
Terrace
Playa del Carmen
Difference
One-way Ticket(Public Transport)
$1.50CA$2.09
$0.51MX$8.83
194.12%
Public Transport Monthly Pass(Regular Price)
$32.71CA$45.45
$26.46MX$459
23.62%
Taxi Start(Normal Tariff)
$3.15CA$4.38
$3.26MX$56.5
-3.37%
Taxi(Normal Tariff)(1km)
$1.49CA$2.07
$2.49MX$43.17
-40.16%
Taxi 1hour Waiting(Normal Tariff)
$25.92CA$36.02
$3.25MX$56.3
697.54%
Gasoline(1 liter)
$1.20CA$1.66
$1.31MX$22.65
-8.40%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.5KCA$39.6K
$30.3KMX$524.7K
-5.98%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.7KCA$28.7K
$23.4KMX$406.0K
-11.81%
🧾 Monthly Utilities & Internet
Terrace
Playa del Carmen
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$96.6CA$134
$82.9MX$1,436
16.60%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$39.57CA$55.0
$22.22MX$385
78.08%
Internet(50+ Mbps, Unlimited Data)
$62.2CA$86.4
$29.34MX$508
111.96%
🎉 Sport & Entertainment
Terrace
Playa del Carmen
Difference
Gym Membership(Monthly)
$43.46CA$60.4
$51.6MX$895
-15.82%
Tennis Court(1 Hour on Weekend)
-
$18.32MX$317
-
Cinema Ticket
$9.37CA$13.02
$5.07MX$87.8
84.81%
🧸 Childcare & Education
Terrace
Playa del Carmen
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$745CA$1,035
$201MX$3,480
271.11%
International Primary School, 1 Child(Yearly)
$11.6KCA$16.1K
$5,212MX$90.3K
122.18%
👕👟 Clothing & Footwear
Terrace
Playa del Carmen
Difference
Jeans(Levis 501 Or Similar)
$37.97CA$52.8
$36.92MX$640
2.84%
Summer Dress(H&M, Zara, etc)
$32.04CA$44.52
$39.79MX$689
-19.48%
Sport Shoes(Adidas, Nike)
$82.4CA$114
$78.5MX$1,360
5.01%
Men's Leather Business Shoes
$46.07CA$64.0
$87.1MX$1,509
-47.10%
🏠 Accommodation & Living
Terrace
Playa del Carmen
Difference
1-bedroom Apartment, City Center(Monthly)
$1,047CA$1,455
$973MX$16.9K
7.69%
1-bedroom Apartment, Outside City Center(Monthly)
$858CA$1,192
$468MX$8,105
83.40%
3-bedroom Apartment, City Center(Monthly)
$1,693CA$2,352
$1,641MX$28.4K
3.12%
3-bedroom Apartment, Outside City Center(Monthly)
$1,399CA$1,944
$1,221MX$21.2K
14.60%
Buy Apartment in City Center(m2)
$4,481CA$6,226
$3,946MX$68.4K
13.55%
Buy Apartment Outside City Center(m2)
$3,682CA$5,116
$6,498MX$112.6K
-43.34%
💵 Salaries & Financials
Terrace
Playa del Carmen
Difference
Average Monthly Net Salary(After Tax)
$3,246CA$4,510
$664MX$11.5K
388.93%
20-Year Fixed Mortgage Interest Rate(Annual %)
5.22
11.42
-54.29%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Terrace: June 2, 2026
Last update for Playa del Carmen: June 2, 2026
Cost Breakdown
🏠A central one-bedroom costs $1,047 in Terrace versus $973 in Playa del Carmen. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.
💰Salaries run about 389% higher in Terrace, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.
🛒A mid-range dinner for two costs $83.0 in Terrace versus $42.00 in Playa del Carmen. Monthly groceries follow the same trend: $381 vs $249 – making Playa del Carmen the more affordable choice for daily food spending.
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 Playa del Carmen: Cost of Living - Frequently Asked Questions
Is Playa del Carmen cheaper than Terrace?
Yes – Terrace is pricier by about 48%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,870 per month in Terrace and $1,945 in Playa del Carmen. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Playa del Carmen, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Terrace vs Playa del Carmen?
Monthly expenses with rent come to $1,914 in Terrace and $1,297 in Playa del Carmen. The difference isn't just one category – it shows up across housing, food, transport, and services.
Which city has cheaper public transport?
Public transport costs about 24% less in Playa del Carmen. For daily commuters, that gap adds up to noticeable savings over a year.
Is $1,500 a realistic budget for Terrace or Playa del Carmen?
A $1,500 monthly budget goes further in Playa del Carmen, where all-in costs run around $1,297, than in Terrace at $1,914. In Playa del Carmen it covers expenses comfortably, while in Terrace it requires careful planning or may not stretch far enough.
Is Terrace or Playa del Carmen more family-friendly?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Playa del Carmen. If higher salaries, better infrastructure, or specific career opportunities are the priority, Terrace makes more sense. Both are solid long-term options with distinct trade-offs.