Cost of Living Comparison Between Miami, FL and Cancun 

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Indices DifferenceInfo
Consumer Prices in Cancun are 35.2% lower than in Miami, FL (without rent)
Consumer Prices Including Rent in Cancun are 53.4% lower than in Miami, FL
Rent Prices in Cancun are 75.0% lower than in Miami, FL
Restaurant Prices in Cancun are 38.0% lower than in Miami, FL
Groceries Prices in Cancun are 33.5% lower than in Miami, FL
Local Purchasing Power in Cancun is 58.3% lower than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Cancun Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(419.51 MXN)
15.34 $
(257.46 MXN)
     -38.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(1,678.04 MXN)
52.44 $
(880.00 MXN)
     -47.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(201.36 MXN)
10.00 $
(167.80 MXN)
     -16.7 %
Domestic Beer (1 pint draught) 7.00 $
(117.46 MXN)
3.58 $
(60.00 MXN)
     -48.9 %
Imported Beer (12 oz small bottle) 8.00 $
(134.24 MXN)
6.26 $
(105.00 MXN)
     -21.8 %
Cappuccino (regular) 4.89 $
(82.04 MXN)
4.19 $
(70.35 MXN)
     -14.2 %
Coke/Pepsi (12 oz small bottle) 2.79 $
(46.90 MXN)
1.77 $
(29.76 MXN)
     -36.5 %
Water (12 oz small bottle) 2.23 $
(37.49 MXN)
1.49 $
(25.01 MXN)
     -33.3 %
Markets
Miami, FL Edit Cancun Edit
Milk (regular), (1 gallon) 4.36 $
(73.18 MXN)
5.91 $
(99.23 MXN)
     +35.6 %
Loaf of Fresh White Bread (1 lb) 3.26 $
(54.75 MXN)
2.50 $
(42.01 MXN)
     -23.3 %
Rice (white), (1 lb) 2.20 $
(36.90 MXN)
0.89 $
(14.97 MXN)
     -59.4 %
Eggs (regular) (12) 4.09 $
(68.59 MXN)
2.56 $
(42.99 MXN)
     -37.3 %
Local Cheese (1 lb) 6.01 $
(100.89 MXN)
4.63 $
(77.68 MXN)
     -23.0 %
Chicken Fillets (1 lb) 5.25 $
(88.06 MXN)
3.45 $
(57.83 MXN)
     -34.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.14 $
(119.80 MXN)
4.68 $
(78.47 MXN)
     -34.5 %
Apples (1 lb) 2.88 $
(48.35 MXN)
1.65 $
(27.64 MXN)
     -42.8 %
Banana (1 lb) 0.86 $
(14.40 MXN)
0.79 $
(13.22 MXN)
     -8.2 %
Oranges (1 lb) 2.07 $
(34.67 MXN)
1.65 $
(27.72 MXN)
     -20.0 %
Tomato (1 lb) 2.31 $
(38.71 MXN)
0.93 $
(15.56 MXN)
     -59.8 %
Potato (1 lb) 1.13 $
(18.96 MXN)
1.07 $
(17.96 MXN)
     -5.3 %
Onion (1 lb) 1.47 $
(24.65 MXN)
1.16 $
(19.38 MXN)
     -21.4 %
Lettuce (1 head) 2.72 $
(45.57 MXN)
1.23 $
(20.70 MXN)
     -54.6 %
Water (1.5 liter bottle) 2.24 $
(37.52 MXN)
1.23 $
(20.71 MXN)
     -44.8 %
Bottle of Wine (Mid-Range) 13.00 $
(218.15 MXN)
10.73 $
(180.00 MXN)
     -17.5 %
Domestic Beer (0.5 liter bottle) 2.08 $
(34.87 MXN)
1.56 $
(26.24 MXN)
     -24.7 %
Imported Beer (12 oz small bottle) 2.53 $
(42.49 MXN)
3.09 $
(51.78 MXN)
     +21.9 %
Cigarettes 20 Pack (Marlboro) 9.45 $
(158.57 MXN)
4.47 $
(75.00 MXN)
     -52.7 %
Transportation
Miami, FL Edit Cancun Edit
One-way Ticket (Local Transport) 2.25 $
(37.76 MXN)
0.72 $
(12.00 MXN)
     -68.2 %
Monthly Pass (Regular Price) 115.00 $
(1,929.75 MXN)
41.46 $
(695.65 MXN)
     -64.0 %
Taxi Start (Normal Tariff) 2.98 $
(49.92 MXN)
3.43 $
(57.50 MXN)
     +15.2 %
Taxi 1 mile (Normal Tariff) 2.10 $
(35.24 MXN)
3.84 $
(64.37 MXN)
     +82.7 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(402.73 MXN)
10.00 $
(167.80 MXN)
     -58.3 %
Gasoline (1 gallon) 3.50 $
(58.67 MXN)
5.45 $
(91.51 MXN)
     +56.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(587,314.00 MXN)
31,137.52 $
(522,500.00 MXN)
     -11.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(418,758.15 MXN)
24,208.30 $
(406,225.00 MXN)
     -3.0 %
Utilities (Monthly)
Miami, FL Edit Cancun Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $
(2,839.21 MXN)
98.25 $
(1,648.61 MXN)
     -41.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.47 $
(1,031.55 MXN)
26.11 $
(438.20 MXN)
     -57.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 63.23 $
(1,061.04 MXN)
32.15 $
(539.48 MXN)
     -49.2 %
Sports And Leisure
Miami, FL Edit Cancun Edit
Fitness Club, Monthly Fee for 1 Adult 68.07 $
(1,142.27 MXN)
33.75 $
(566.33 MXN)
     -50.4 %
Tennis Court Rent (1 Hour on Weekend) 23.38 $
(392.24 MXN)
16.36 $
(274.45 MXN)
     -30.0 %
Cinema, International Release, 1 Seat 15.00 $
(251.71 MXN)
4.92 $
(82.50 MXN)
     -67.2 %
Childcare
Miami, FL Edit Cancun Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(19,507.22 MXN)
297.97 $
(5,000.00 MXN)
     -74.4 %
International Primary School, Yearly for 1 Child 28,333.33 $
(475,444.67 MXN)
8,581.44 $
(144,000.00 MXN)
     -69.7 %
Clothing And Shoes
Miami, FL Edit Cancun Edit
1 Pair of Jeans (Levis 501 Or Similar) 48.29 $
(810.39 MXN)
56.53 $
(948.63 MXN)
     +17.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.89 $
(820.38 MXN)
36.86 $
(618.59 MXN)
     -24.6 %
1 Pair of Nike Running Shoes (Mid-Range) 81.58 $
(1,368.93 MXN)
94.14 $
(1,579.67 MXN)
     +15.4 %
1 Pair of Men Leather Business Shoes 96.43 $
(1,618.11 MXN)
113.48 $
(1,904.27 MXN)
     +17.7 %
Rent Per Month
Miami, FL Edit Cancun Edit
Apartment (1 bedroom) in City Centre 2,798.70 $
(46,963.23 MXN)
755.75 $
(12,681.83 MXN)
     -73.0 %
Apartment (1 bedroom) Outside of Centre 2,125.83 $
(35,672.30 MXN)
502.29 $
(8,428.57 MXN)
     -76.4 %
Apartment (3 bedrooms) in City Centre 5,418.28 $
(90,920.93 MXN)
1,286.30 $
(21,584.70 MXN)
     -76.3 %
Apartment (3 bedrooms) Outside of Centre 3,789.66 $
(63,592.05 MXN)
990.74 $
(16,625.00 MXN)
     -73.9 %
Buy Apartment Price
Miami, FL Edit Cancun Edit
Price per Square Feet to Buy Apartment in City Centre 575.52 $
(9,657.42 MXN)
121.80 $
(2,043.85 MXN)
     -78.8 %
Price per Square Feet to Buy Apartment Outside of Centre 359.55 $
(6,033.42 MXN)
147.64 $
(2,477.39 MXN)
     -58.9 %
Salaries And Financing
Miami, FL Edit Cancun Edit
Average Monthly Net Salary (After Tax) 4,206.58 $
(70,588.13 MXN)
817.28 $
(13,714.29 MXN)
     -80.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 11.40      +73.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:14737