Cost of living in Morelia (Mexico) is 26% 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 309 prices entered by 44 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 €1,476 (Mex$ 32,184) in Morelia.