Cost of Living Comparison Between Miami, FL and Cancun 

Indices DifferenceInfo
Cost of Living in Cancun is 36.0% lower than in Miami, FL (without rent)
Cost of Living Including Rent in Cancun is 53.6% lower than in Miami, FL
Rent Prices in Cancun are 74.7% lower than in Miami, FL
Restaurant Prices in Cancun are 41.8% lower than in Miami, FL
Groceries Prices in Cancun are 33.0% lower than in Miami, FL
Local Purchasing Power in Cancun is 59.1% 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 $
(417.50 MXN)
14.00 $
(233.80 MXN)
     -44.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(1,669.98 MXN)
47.31 $
(790.00 MXN)
     -52.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(200.40 MXN)
10.00 $
(167.00 MXN)
     -16.7 %
Domestic Beer (1 pint draught) 7.00 $
(116.90 MXN)
3.59 $
(60.00 MXN)
     -48.7 %
Imported Beer (12 oz small bottle) 8.00 $
(133.60 MXN)
6.29 $
(105.00 MXN)
     -21.4 %
Cappuccino (regular) 4.89 $
(81.65 MXN)
4.26 $
(71.13 MXN)
     -12.9 %
Coke/Pepsi (12 oz small bottle) 2.79 $
(46.67 MXN)
1.78 $
(29.73 MXN)
     -36.3 %
Water (12 oz small bottle) 2.23 $
(37.31 MXN)
1.50 $
(25.00 MXN)
     -33.0 %
Markets
Miami, FL Edit Cancun Edit
Milk (regular), (1 gallon) 4.33 $
(72.25 MXN)
5.94 $
(99.23 MXN)
     +37.3 %
Loaf of Fresh White Bread (1 lb) 3.26 $
(54.49 MXN)
2.51 $
(41.96 MXN)
     -23.0 %
Rice (white), (1 lb) 2.09 $
(34.91 MXN)
0.90 $
(14.96 MXN)
     -57.2 %
Eggs (regular) (12) 4.09 $
(68.26 MXN)
2.57 $
(42.94 MXN)
     -37.1 %
Local Cheese (1 lb) 6.07 $
(101.44 MXN)
4.65 $
(77.68 MXN)
     -23.4 %
Chicken Fillets (1 lb) 5.30 $
(88.55 MXN)
3.46 $
(57.83 MXN)
     -34.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.25 $
(121.01 MXN)
4.70 $
(78.47 MXN)
     -35.2 %
Apples (1 lb) 2.88 $
(48.12 MXN)
1.65 $
(27.63 MXN)
     -42.6 %
Banana (1 lb) 0.83 $
(13.79 MXN)
0.79 $
(13.22 MXN)
     -4.1 %
Oranges (1 lb) 1.98 $
(33.14 MXN)
1.66 $
(27.69 MXN)
     -16.4 %
Tomato (1 lb) 2.23 $
(37.24 MXN)
0.93 $
(15.56 MXN)
     -58.2 %
Potato (1 lb) 1.14 $
(19.02 MXN)
1.08 $
(17.96 MXN)
     -5.6 %
Onion (1 lb) 1.47 $
(24.50 MXN)
1.16 $
(19.37 MXN)
     -20.9 %
Lettuce (1 head) 2.74 $
(45.69 MXN)
1.24 $
(20.67 MXN)
     -54.8 %
Water (1.5 liter bottle) 2.24 $
(37.34 MXN)
1.24 $
(20.71 MXN)
     -44.5 %
Bottle of Wine (Mid-Range) 13.00 $
(217.10 MXN)
10.78 $
(180.00 MXN)
     -17.1 %
Domestic Beer (0.5 liter bottle) 2.03 $
(33.98 MXN)
1.57 $
(26.21 MXN)
     -22.8 %
Imported Beer (12 oz small bottle) 2.53 $
(42.29 MXN)
3.10 $
(51.70 MXN)
     +22.3 %
Cigarettes 20 Pack (Marlboro) 9.45 $
(157.81 MXN)
4.49 $
(75.00 MXN)
     -52.5 %
Transportation
Miami, FL Edit Cancun Edit
One-way Ticket (Local Transport) 2.25 $
(37.57 MXN)
0.72 $
(12.00 MXN)
     -68.1 %
Monthly Pass (Regular Price) 113.75 $
(1,899.60 MXN)
41.66 $
(695.65 MXN)
     -63.4 %
Taxi Start (Normal Tariff) 2.98 $
(49.68 MXN)
3.44 $
(57.50 MXN)
     +15.7 %
Taxi 1 mile (Normal Tariff) 2.10 $
(35.07 MXN)
3.85 $
(64.37 MXN)
     +83.6 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(400.80 MXN)
10.00 $
(167.00 MXN)
     -58.3 %
Gasoline (1 gallon) 3.49 $
(58.36 MXN)
5.48 $
(91.51 MXN)
     +56.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(584,493.00 MXN)
31,287.80 $
(522,500.00 MXN)
     -10.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(416,746.76 MXN)
24,325.14 $
(406,225.00 MXN)
     -2.5 %
Utilities (Monthly)
Miami, FL Edit Cancun Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $
(2,825.57 MXN)
98.62 $
(1,647.00 MXN)
     -41.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.74 $
(1,030.99 MXN)
26.24 $
(438.20 MXN)
     -57.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.46 $
(1,043.10 MXN)
32.29 $
(539.17 MXN)
     -48.3 %
Sports And Leisure
Miami, FL Edit Cancun Edit
Fitness Club, Monthly Fee for 1 Adult 75.53 $
(1,261.39 MXN)
33.91 $
(566.33 MXN)
     -55.1 %
Tennis Court Rent (1 Hour on Weekend) 23.38 $
(390.36 MXN)
16.42 $
(274.25 MXN)
     -29.7 %
Cinema, International Release, 1 Seat 15.00 $
(250.50 MXN)
4.94 $
(82.50 MXN)
     -67.1 %
Childcare
Miami, FL Edit Cancun Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(19,413.52 MXN)
299.40 $
(5,000.00 MXN)
     -74.2 %
International Primary School, Yearly for 1 Child 28,333.33 $
(473,161.00 MXN)
8,622.86 $
(144,000.00 MXN)
     -69.6 %
Clothing And Shoes
Miami, FL Edit Cancun Edit
1 Pair of Jeans (Levis 501 Or Similar) 48.29 $
(806.50 MXN)
56.77 $
(948.12 MXN)
     +17.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.00 $
(851.69 MXN)
37.02 $
(618.25 MXN)
     -27.4 %
1 Pair of Nike Running Shoes (Mid-Range) 80.75 $
(1,348.51 MXN)
94.51 $
(1,578.33 MXN)
     +17.0 %
1 Pair of Men Leather Business Shoes 98.33 $
(1,642.15 MXN)
113.85 $
(1,901.24 MXN)
     +15.8 %
Rent Per Month
Miami, FL Edit Cancun Edit
Apartment (1 bedroom) in City Centre 2,773.75 $
(46,321.07 MXN)
758.76 $
(12,671.08 MXN)
     -72.6 %
Apartment (1 bedroom) Outside of Centre 2,113.76 $
(35,299.43 MXN)
504.71 $
(8,428.57 MXN)
     -76.1 %
Apartment (3 bedrooms) in City Centre 5,358.34 $
(89,483.29 MXN)
1,291.61 $
(21,569.59 MXN)
     -75.9 %
Apartment (3 bedrooms) Outside of Centre 3,765.09 $
(62,876.30 MXN)
995.52 $
(16,625.00 MXN)
     -73.6 %
Buy Apartment Price
Miami, FL Edit Cancun Edit
Price per Square Feet to Buy Apartment in City Centre 591.38 $
(9,875.92 MXN)
122.39 $
(2,043.85 MXN)
     -79.3 %
Price per Square Feet to Buy Apartment Outside of Centre 363.60 $
(6,071.99 MXN)
148.35 $
(2,477.39 MXN)
     -59.2 %
Salaries And Financing
Miami, FL Edit Cancun Edit
Average Monthly Net Salary (After Tax) 4,318.32 $
(72,115.06 MXN)
821.22 $
(13,714.29 MXN)
     -81.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 11.40      +73.4 %
Last update: May 2024May 2024
Contributors in the past 12 months:15038