Cost of living in Morelia (Mexico) is 28% cheaper than in Alicante (Spain)
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 346 prices entered by 42 different people.
For example, to keep the same standard of living that would require €2,000 in Alicante you would need to make just about €1,438 (Mex$ 30,971) in Morelia.