Cost of living in Morelia (Mexico) is 42% 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 395 prices entered by 40 different people.
For example, to keep the same standard of living that would require €2,100 in Alicante you would need to make just about €1,223 (Mex$ 28,050) in Morelia.