Gypsy Jan
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What Is The Cost Of Living In Mexico Compared To The US, Canada And Europe?
Food, Housing, Services, Clothing, Healthcare, Technology, Employment, Transportation...the cost is lower.
SAN DIEGO RED
Por: Jim Pickell/ Baja.com 13 Mayo 2012
"The cost of living in Mexico is lower than that of the US, Canada and Europe, especially for items that are produced locally. The good news is that
this includes most product categories such as food, furniture and transportation. Additionally, if you are resourceful and patient enough to look for
the right place and right items, i.e., if you avoid Gringo targets and tourist traps, most products are incredibly affordable. Despite the low cost of
living, Mexico supports the 11th largest economy in the world. Areas in Baja California Sur remain among the most attractive in Mexico. Here's how a
few of the principal expenses stack-up in Mexico.
FOOD
A single household with four family members spends around $360 every month on grocery items. Food and drinks in Mexico are very affordable since the
country widely produces agricultural products, livestock and other raw materials. Food production is initially for the citizens although there are
also manufacturing companies which aim to deliver to foreign countries primarily.
One can have a full meal of a taco or burrito and a drink for less than $2. There are also high-end restaurants which serve Mexican or foreign
cuisines at rates averaging $100+. Middle class places can serve meals to full families for well under this amount.
Beef is very cheap in Mexico and it is the most popular meat product among locals. Poultry comes a solid second in terms of purchased grocery items.
Mexico also produces several herbs, spices, vegetables and fruits which can be bought at very low prices outside the city.
There are a number of markets in major cities selling agricultural products like bell pepper, tomatoes, corn, rice and beans at low rates or
wholesale. Mexican beer is cheap while there are also high quality drinks like tequila, tea and coffee which can cost higher.
HOUSING COSTS IN MEXICO
On the average, a single person spends about $250 every month on apartment rentals. As the quality and space increases, prices will also become more
expensive. Location is obviously a determining factor so spots in more desirable locations command more of a premium. Rents in Mexico can be higher
than in equivalent-sized US towns or cities if the place is popular or fashionable, particularly places within easy reach of the US border or
frequented by foreign visitors and expats. In less popular (or less well known / off the beaten track) towns and cities, you may find good quality
accommodation at lower rents that you would pay for the equivalent space in the US. Some additional quantitative data can be found here.
SERVICES COSTS IN MEXICO
Utilities are more expensive in Mexico than in many other areas. For example, prices for electricity are high, compared with US and even European
prices, due mainly to the lack of competition. Telephone services, both landlines and cell phones, are priced higher than the US and Europe. Telmex,
the national telco incumbent which has a natural monopoly. The advent of internet telephony (e.g. Skype, Vonage) is beginning to make long distance
communications, especially, affordable. As such, internet rates start at around $20 per month while annual subscriptions tend to be cheaper.
Piped water is relatively inexpensive, but not always potable (drinkable). Decades of under-investment, combined with a widespread attitude of
impertinence towards paying water bills has left Mexico's main water system in poor condition. As a result, most people purchase bottled water, often
in 20 liter containers. Bottled water costs hundreds, if not thousands, of per cent more per liter when compared against the price of potable tap
water in the US, Canada or Europe.
CLOTHING COSTS IN MEXICO
Shopping for name brand clothes in Mexico can be fairly expensive; however, department stores, flea markets and street vendors offer a tremendous
assortment of options. The quality of clothes is also good if manufactured locally. There are imported products from the United States, Europe and
Asia as well. Products from the latter are quite cheap and are sold in bulk. Prices for traditional Mexican dresses are around $30 while shoes cost
around $50, depending on quality. The average Mexican spends $125 to $200 each month on clothes. Again, overall Mexico is a great place to shop for
locally made items.
HEALTHCARE COSTS IN MEXICO
Mexico also gives utmost importance to the health and security of its people. Health insurance policies are advised to all working individuals while
there are several excellent health facilities providing quality care and state-of-the-art technology. Average insurance rates cost around 50 euros
every month. There are several compensation benefits provided to insurance policyholders. The government also has a housing authority agency which
takes care of poverty and homelessness.
TECHNOLOGY IN MEXICO
A growing range of items, especially domestic appliances, audio/visual equipment, technology (e.g. iPods, WiFi), computers, computer software and
cameras are more expensive than identical items sold in the USA.
EMPLOYMENT COSTS IN MEXICO
Trade and tourism remains to be the top industries of Mexico and comprises the bulk of its GDP support. The employment rate is estimated to be at 92%
and the government foresees a continued decrease in unemployed individuals. The economic boom of Mexico may also be contributed to several citizens
working abroad and bringing in dollars from the United States and Europe. If expatriates' skills match the category in demand at the moment,
employment can come easy (subject to the regulatory framework).
TRANSPORTATION COSTS IN MEXICO
Cars cost slightly more in Mexico than equivalent models in the US.
Local and national pubic transportation is generally lower in cost than the US/CA and continental Europe. Competition has been introduced in the
domestic airline market and low-cost airlines are beginning to make a significant difference to domestic air-travel fares in Mexico, has been
relatively expensive to date.
Gasoline and diesel is (currently) subsidized by the Mexican government. For this reason prices don't fluctuate as much as those in the USA and Europe
when oil prices go up or down on international markets. In fact, the government recently suggested they would retain prices at the equivalent of
around $2.50 per gallon for 2009. However, it is unclear how much longer Mexico will be able to afford to subsidize the price of auto fuels."
“Travel is fatal to prejudice, bigotry, and narrow mindedness.”
—Mark Twain
\"La vida es dura, el corazon es puro, y cantamos hasta la madrugada.” (Life is hard, the heart is pure and we sing until dawn.)
—Kirsty MacColl, Mambo de la Luna
\"Alea iacta est.\"
—Julius Caesar
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DavidE
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Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
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Thanks for the blurb gypsy jan,
As far as the gentleman's statement on health care is concerned, I wonder what the word 'advised' means?
92% employment? poverty? homelessness? taking care of?
clothing? tremendous options? (perhaps for those whose size does not exceed medium M)
Thank goodness for forums like this one :-)
A Lot To See And A Lot To Do
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captkw
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to david E
Hola,,,,,, hummm!! "at home we demand the fact's and get them " you are not talking about the usa !!!where is your home ???? K&T 
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durrelllrobert
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First paragraph was written for the San Diego Reader this month. All of the other paragraphs were cut and pasted from a 2009 study (see last para with
gas/diesle prices)
Bob Durrell
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chuckie
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The whole analysis seems to be off...Has the person who wrote it actually lived in Mexico recently for any period of time? One could spend a long time
looking for a full meal with a drink for under 2 bucks....and get real hungry..
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Pescador
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| Quote: | Originally posted by chuckie
The whole analysis seems to be off...Has the person who wrote it actually lived in Mexico recently for any period of time? One could spend a long time
looking for a full meal with a drink for under 2 bucks....and get real hungry.. |
Aww, Chuckie, quit going to all the nice places.
Even a hot dog at Chuyita's (the most famous hot dogs in all of Mexico, are more than that now.
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mtgoat666
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Mood: Hot n spicy
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| Quote: | Originally posted by Gypsy Jan
What Is The Cost Of Living In Mexico Compared To The US, Canada And Europe? |
the article should normalize consumer product prices to income. consumer products would then be relatively cheaper in USA.
the article should compare cost/availability of credit!
the article should compare cost/adequacy of health care!
the article should compare life expectancy!
the article should compare per capita spending on defense!
the world is way out of balance, eh?? income inequality is at the root of all social strife!
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chuckie
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I do not suffer from "income inequality"...My income is exactly equal to the amount I spend each month
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BajaBlanca
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another big factor, that I did not see mentioned - prices of buying a home and price of property taxes - both waaaaaaaaaaaaaaaaaay lower than U.S.
Renting in la bocana is not an option - the few homes for rent are shacks, at best.
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