Cost of Living Comparison Between Miami, FL and Cancun 

Indices DifferenceInfo
Consumer Prices in Cancun are 35.0% 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 75.2% lower than in Miami, FL
Restaurant Prices in Cancun are 38.7% lower than in Miami, FL
Groceries Prices in Cancun are 30.8% lower than in Miami, FL
Local Purchasing Power in Cancun is 60.5% 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 $
(434.12 MXN)		 15.06 $
(261.55 MXN)		      -39.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(1,736.47 MXN)		 50.68 $
(880.00 MXN)		      -49.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(208.38 MXN)		 10.00 $
(173.65 MXN)		      -16.7 %
Domestic Beer (1 pint draught) 7.00 $
(121.55 MXN)		 3.46 $
(60.00 MXN)		      -50.6 %
Imported Beer (12 oz small bottle) 8.00 $
(138.92 MXN)		 6.05 $
(105.00 MXN)		      -24.4 %
Cappuccino (regular) 4.76 $
(82.65 MXN)		 4.43 $
(76.89 MXN)		      -7.0 %
Coke/Pepsi (12 oz small bottle) 2.72 $
(47.16 MXN)		 1.82 $
(31.55 MXN)		      -33.1 %
Water (12 oz small bottle) 2.16 $
(37.53 MXN)		 1.46 $
(25.37 MXN)		      -32.4 %
Markets
 Miami, FL Edit Cancun Edit
Milk (regular), (1 gallon) 4.38 $
(76.01 MXN)		 5.71 $
(99.23 MXN)		      +30.6 %
Loaf of Fresh White Bread (1 lb) 3.40 $
(59.01 MXN)		 2.44 $
(42.38 MXN)		      -28.2 %
Rice (white), (1 lb) 1.78 $
(30.86 MXN)		 0.82 $
(14.26 MXN)		      -53.8 %
Eggs (regular) (12) 3.79 $
(65.84 MXN)		 2.50 $
(43.35 MXN)		      -34.2 %
Local Cheese (1 lb) 5.97 $
(103.72 MXN)		 4.47 $
(77.68 MXN)		      -25.1 %
Chicken Fillets (1 lb) 4.87 $
(84.61 MXN)		 3.33 $
(57.83 MXN)		      -31.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.30 $
(109.46 MXN)		 4.52 $
(78.47 MXN)		      -28.3 %
Apples (1 lb) 2.63 $
(45.66 MXN)		 1.53 $
(26.62 MXN)		      -41.7 %
Banana (1 lb) 0.85 $
(14.77 MXN)		 0.73 $
(12.64 MXN)		      -14.4 %
Oranges (1 lb) 1.66 $
(28.82 MXN)		 1.61 $
(27.94 MXN)		      -3.0 %
Tomato (1 lb) 2.03 $
(35.20 MXN)		 0.90 $
(15.56 MXN)		      -55.8 %
Potato (1 lb) 1.07 $
(18.62 MXN)		 1.03 $
(17.96 MXN)		      -3.5 %
Onion (1 lb) 1.42 $
(24.67 MXN)		 1.12 $
(19.49 MXN)		      -21.0 %
Lettuce (1 head) 2.51 $
(43.59 MXN)		 1.20 $
(20.84 MXN)		      -52.2 %
Water (1.5 liter bottle) 2.07 $
(35.93 MXN)		 1.19 $
(20.71 MXN)		      -42.3 %
Bottle of Wine (Mid-Range) 12.99 $
(225.57 MXN)		 10.37 $
(180.00 MXN)		      -20.2 %
Domestic Beer (0.5 liter bottle) 2.00 $
(34.66 MXN)		 1.52 $
(26.45 MXN)		      -23.7 %
Imported Beer (12 oz small bottle) 2.37 $
(41.13 MXN)		 3.02 $
(52.36 MXN)		      +27.3 %
Cigarettes 20 Pack (Marlboro) 9.00 $
(156.28 MXN)		 4.32 $
(75.00 MXN)		      -52.0 %
Transportation
 Miami, FL Edit Cancun Edit
One-way Ticket (Local Transport) 2.25 $
(39.07 MXN)		 0.69 $
(12.00 MXN)		      -69.3 %
Monthly Pass (Regular Price) 120.00 $
(2,083.77 MXN)		 50.08 $
(869.57 MXN)		      -58.3 %
Taxi Start (Normal Tariff) 2.98 $
(51.66 MXN)		 3.17 $
(55.00 MXN)		      +6.5 %
Taxi 1 mile (Normal Tariff) 2.10 $
(36.47 MXN)		 3.71 $
(64.37 MXN)		      +76.5 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(416.75 MXN)		 10.00 $
(173.65 MXN)		      -58.3 %
Gasoline (1 gallon) 3.45 $
(59.99 MXN)		 5.26 $
(91.30 MXN)		      +52.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(607,765.80 MXN)		 30,089.72 $
(522,500.00 MXN)		      -14.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(433,340.40 MXN)		 23,393.67 $
(406,225.00 MXN)		      -6.3 %
Utilities (Monthly)
 Miami, FL Edit Cancun Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.11 $
(2,953.96 MXN)		 98.87 $
(1,716.91 MXN)		      -41.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.12 $
(1,061.42 MXN)		 25.24 $
(438.20 MXN)		      -58.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.23 $
(1,080.56 MXN)		 31.20 $
(541.75 MXN)		      -49.9 %
Sports And Leisure
 Miami, FL Edit Cancun Edit
Fitness Club, Monthly Fee for 1 Adult 76.77 $
(1,333.08 MXN)		 32.61 $
(566.33 MXN)		      -57.5 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $
(414.27 MXN)		 15.89 $
(275.91 MXN)		      -33.4 %
Cinema, International Release, 1 Seat 15.00 $
(260.47 MXN)		 4.75 $
(82.50 MXN)		      -68.3 %
Childcare
 Miami, FL Edit Cancun Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,147.22 $
(19,921.21 MXN)		 287.94 $
(5,000.00 MXN)		      -74.9 %
International Primary School, Yearly for 1 Child 28,333.33 $
(492,000.88 MXN)		 8,292.67 $
(144,000.00 MXN)		      -70.7 %
Clothing And Shoes
 Miami, FL Edit Cancun Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.50 $
(807.46 MXN)		 54.84 $
(952.28 MXN)		      +17.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.12 $
(748.85 MXN)		 35.76 $
(621.02 MXN)		      -17.1 %
1 Pair of Nike Running Shoes (Mid-Range) 80.28 $
(1,394.00 MXN)		 91.53 $
(1,589.41 MXN)		      +14.0 %
1 Pair of Men Leather Business Shoes 96.67 $
(1,678.59 MXN)		 110.92 $
(1,926.18 MXN)		      +14.7 %
Rent Per Month
 Miami, FL Edit Cancun Edit
Apartment (1 bedroom) in City Centre 2,830.07 $
(49,143.33 MXN)		 734.81 $
(12,759.74 MXN)		      -74.0 %
Apartment (1 bedroom) Outside of Centre 2,064.29 $
(35,845.91 MXN)		 485.38 $
(8,428.57 MXN)		      -76.5 %
Apartment (3 bedrooms) in City Centre 5,313.90 $
(92,274.48 MXN)		 1,249.33 $
(21,694.26 MXN)		      -76.5 %
Apartment (3 bedrooms) Outside of Centre 3,635.93 $
(63,136.90 MXN)		 957.40 $
(16,625.00 MXN)		      -73.7 %
Buy Apartment Price
 Miami, FL Edit Cancun Edit
Price per Square Feet to Buy Apartment in City Centre 583.91 $
(10,139.43 MXN)		 117.70 $
(2,043.85 MXN)		      -79.8 %
Price per Square Feet to Buy Apartment Outside of Centre 354.00 $
(6,147.05 MXN)		 142.67 $
(2,477.39 MXN)		      -59.7 %
Salaries And Financing
 Miami, FL Edit Cancun Edit
Average Monthly Net Salary (After Tax) 4,289.41 $
(74,484.46 MXN)		 789.78 $
(13,714.29 MXN)		      -81.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 11.40      +73.4 %
Last update: April 2024March 2024
Contributors in the past 12 months:14736
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