Cost of Living in Merida

Summary of cost of living in Merida, Mexico:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 200.00 MXN 100.00-303.36
Meal for 2 People, Mid-range Restaurant, Three-course 900.00 MXN 700.00-1,314.57
McMeal at McDonalds (or Equivalent Combo Meal) 150.00 MXN 130.00-200.00
Domestic Beer (1 pint draught) 55.00 MXN 30.00-90.00
Imported Beer (12 oz small bottle) 80.00 MXN 65.00-80.90
Cappuccino (regular) 67.86 MXN 45.00-150.00
Coke/Pepsi (12 oz small bottle) 21.09 MXN 17.00-28.00
Water (12 oz small bottle) 20.14 MXN 12.00-40.45
Markets
Edit
Milk (regular), (1 gallon) 100.46 MXN 83.28-113.56
Loaf of Fresh White Bread (1 lb) 43.65 MXN 31.75-55.00
Rice (white), (1 lb) 14.34 MXN 11.34-18.14
Eggs (regular) (12) 38.82 MXN 31.00-52.20
Local Cheese (1 lb) 92.73 MXN 72.57-136.08
Chicken Fillets (1 lb) 58.40 MXN 22.68-85.73
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 99.01 MXN 81.65-126.55
Apples (1 lb) 25.46 MXN 13.61-31.75
Banana (1 lb) 11.29 MXN 6.80-14.06
Oranges (1 lb) 15.88 MXN 11.34-31.75
Tomato (1 lb) 13.04 MXN 9.07-22.68
Potato (1 lb) 18.22 MXN 12.70-22.23
Onion (1 lb) 16.22 MXN 6.80-26.76
Lettuce (1 head) 22.33 MXN 15.00-30.00
Water (1.5 liter bottle) 17.50 MXN 12.00-22.00
Bottle of Wine (Mid-Range) 154.50 MXN 130.00-300.00
Domestic Beer (0.5 liter bottle) 27.89 MXN 15.00-45.00
Imported Beer (12 oz small bottle) 57.33 MXN 40.00-80.00
Cigarettes 20 Pack (Marlboro) 75.00 MXN 70.00-81.00
Transportation
Edit
One-way Ticket (Local Transport) 12.00 MXN 8.50-12.00
Monthly Pass (Regular Price) 600.00 MXN
Taxi Start (Normal Tariff) 50.00 MXN 40.00-120.00
Taxi 1 mile (Normal Tariff) 112.65 MXN 96.56-128.75
Taxi 1hour Waiting (Normal Tariff) 150.00 MXN 100.00-200.00
Gasoline (1 gallon) 90.47 MXN 83.28-94.64
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 300,000.00 MXN 300,000.00-300,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 402,480.00 MXN 410,000.00-420,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 1,956.73 MXN 1,062.50-3,695.65
Mobile Phone Monthly Plan with Calls and 10GB+ Data 431.83 MXN 250.00-500.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 539.00 MXN 389.00-750.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 603.36 MXN 435.00-895.00
Tennis Court Rent (1 Hour on Weekend) 266.67 MXN 250.00-250.00
Cinema, International Release, 1 Seat 90.00 MXN 80.00-165.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,450.00 MXN 2,000.00-4,200.00
International Primary School, Yearly for 1 Child 62,000.00 MXN 54,000.00-78,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 1,270.00 MXN 700.00-1,950.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 826.86 MXN 500.00-1,000.00
1 Pair of Nike Running Shoes (Mid-Range) 1,875.00 MXN 800.00-2,800.00
1 Pair of Men Leather Business Shoes 1,900.00 MXN 800.00-3,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 11,343.29 MXN 7,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 9,208.33 MXN 6,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 20,777.78 MXN 15,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 13,976.92 MXN 11,000.00-20,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,796.11 MXN 836.12-3,623.19
Price per Square Feet to Buy Apartment Outside of Centre 2,910.94 MXN 1,207.73-4,273.50
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 11,461.54 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.69 11.00-14.00

Prices in Merida

This city had 624 entries in the past 12 months by 68 different contributors.
Last update: November 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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5 Comments so far
Daniel Tyrrell on Jul 11, 2024:
I am a Canadian retiree expat who has lived in Mexico for 15 years, most of them in Merida. The city and surrounding areas continue to grow to accommodate the roughly 10.000 new arrivals each month, mostly from within Mexico (DF), South and Central America, Canada, the US and to a lesser degree Europe and the Australian-Asian regions. This, along with inflation, has increased the cost of living in Merida, notably in real estate, to the point that it is currently ranked 2nd in Mexico. What I paid in rent for an unfurnished 2 bedroom stand alone house 3 years rents a furnished studio apartment today. Having said this, recent figures show that the cost of living in Mexico is approximately 36% lower than in Canada.
If you can live with the earthquakes, Oaxaca is the state to live in.
Meridian on Jun 01, 2022:
Merida is now the 2nd Most Expensive City in Mexico to live in.
Additionally, Real-estate prices and construction costs have risen upwards of 30% over the last 2 years.

The immense influx of people from other parts of Mexico and the World, who have made Merida their home over the last 5 years is partly to blame for this.

While it continues to be the "Safest City in Mexico", crime does exist and it is simply and strategically not widely reported.

Yucatecans tend to be quite territorial and xenophobic towards those who have moved here from other somewhere else, particularly from other parts of Mexico; blaming them for the traffic, rise in cost of living, lack off employment opportunities and rising crime rates.

Nationally speaking, Yucatan consistently ranks in the Top 5 in the following categories in Mexico.
- Obesity
- Alcoholism
- Suicide
Bwg on Mar 28, 2021:
I like to live in Mexico when I'm living in Mexico. Could someone explain this concept to Mr. or Mrs Anonymous.
LR Johnson on Jan 08, 2021:
Price of recently built, three bedrooms, two bathrooms flat, located in quite residential area of Merida, which is close to shopping centers.
Johnny on Dec 23, 2020:
To the anonymous poster. A beer for 35 pesos is $1.75 US. Same as in Mexico City.. A $6 margarita is hardly expensive. Mexico is absurdly cheap, even compared to Guatemala.