Cost of living in Mexico compared to South Korea
Currency:
| Food | - 16% | |||
|---|---|---|---|---|
| Food in Mexico is 16% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | Mex$ 289 (₩22,479) | ₩11,049 | + 103% | |
| Combo meal in fast food restaurant (big mac meal or similar) | Mex$ 155 (₩12,020) | ₩7,946 | + 51% | |
| 500 gr (1 lb.) of boneless chicken breast | Mex$ 72 (₩5,621) | ₩7,420 | - 24% | |
| 1 liter (1 qt.) of whole fat milk | Mex$ 27 (₩2,087) | ₩2,902 | - 28% | |
| 12 eggs, large | Mex$ 46 (₩3,611) | ₩6,285 | - 43% | |
| 1 kg (2 lb.) of tomatoes | Mex$ 27 (₩2,114) | ₩8,039 | - 74% | |
| 500 gr (16 oz.) of local cheese | Mex$ 93 (₩7,204) | ₩7,984 | - 10% | |
| 1 kg (2 lb.) of apples | Mex$ 49 (₩3,785) | ₩8,422 | - 55% | |
| 1 kg (2 lb.) of potatoes | Mex$ 34 (₩2,654) | ₩4,900 | - 46% | |
| 0.5 l (16 oz) domestic beer in the supermarket | Mex$ 29 (₩2,265) | ₩2,939 | - 23% | |
| 1 bottle of red table wine, good quality | Mex$ 259 (₩20,150) | ₩20,791 | - 3% | |
| 2 liters of coca-cola | Mex$ 35 (₩2,699) | ₩3,248 | - 17% | |
| Bread for 2 people for 1 day | Mex$ 25 (₩1,972) | ₩4,247 | - 54% | |
| Housing | - 41% | |||
| Housing in Mexico is 41% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | Mex$ 21,263 (₩1,653,259) | ₩3,572,230 | - 54% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | Mex$ 10,390 (₩807,856) | ₩2,147,310 | - 62% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Mex$ 1,071 (₩83,299) | ₩240,148 | - 65% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | Mex$ 12,851 (₩999,158) | ₩1,264,360 | - 21% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | Mex$ 6,859 (₩533,300) | ₩725,161 | - 26% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | Mex$ 804 (₩62,546) | ₩80,000 | - 22% | |
| Internet 8 mbps (1 month) | Mex$ 411 (₩31,943) | ₩30,234 | + 6% | |
| 40” flat screen tv | Mex$ 6,661 (₩517,877) | ₩433,362 | + 20% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | Mex$ 2,609 (₩202,821) | ₩100,000 | + 103% | |
| Laundry detergent (3 l. ~ 100 oz.) | Mex$ 113 (₩8,822) | ₩16,029 | - 45% | |
| Hourly rate for cleaning help | Mex$ 119 (₩9,234) | ₩14,433 | - 36% | |
| Clothes | - 11% | |||
| Clothes in Mexico is 11% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| 1 pair of jeans (levis 501 or similar) | Mex$ 951 (₩73,921) | ₩85,819 | - 14% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | Mex$ 686 (₩53,304) | ₩61,053 | - 13% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | Mex$ 1,708 (₩132,800) | ₩96,399 | + 38% | |
| 1 pair of men’s leather business shoes | Mex$ 1,275 (₩99,142) | ₩148,450 | - 33% | |
| Transportation | - 15% | |||
| Transportation in Mexico is 15% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | Mex$ 388,651 (₩30,218,584) | ₩41,804,000 | - 28% | |
| 1 liter (1/4 gallon) of gas | Mex$ 23 (₩1,757) | ₩1,740 | + 1% | |
| Monthly ticket public transport | Mex$ 630 (₩48,970) | ₩56,813 | - 14% | |
| Personal Care | - 41% | |||
| Personal Care in Mexico is 41% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | Mex$ 86 (₩6,661) | ₩7,985 | - 17% | |
| 1 box of antibiotics (12 doses) | Mex$ 218 (₩16,922) | ₩12,000 | + 41% | |
| Short visit to private doctor (15 minutes) | Mex$ 635 (₩49,383) | ₩52,552 | - 6% | |
| 1 box of 32 tampons (tampax, ob, ...) | Mex$ 91 (₩7,053) | ₩21,034 | - 66% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | Mex$ 58 (₩4,495) | ₩15,000 | - 70% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Mex$ 73 (₩5,642) | ₩9,644 | - 41% | |
| 4 rolls of toilet paper | Mex$ 34 (₩2,660) | ₩3,593 | - 26% | |
| Tube of toothpaste | Mex$ 34 (₩2,638) | ₩8,235 | - 68% | |
| Standard men's haircut in expat area of the city | Mex$ 227 (₩17,673) | ₩17,167 | + 3% | |
| Entertainment | - 21% | |||
| Entertainment in Mexico is 21% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Basic dinner out for two in neighborhood pub | Mex$ 348 (₩27,054) | ₩34,756 | - 22% | |
| 2 tickets to the movies | Mex$ 151 (₩11,739) | ₩27,450 | - 57% | |
| 2 tickets to the theater (best available seats) | Mex$ 799 (₩62,148) | ₩249,761 | - 75% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | Mex$ 753 (₩58,529) | ₩69,455 | - 16% | |
| 1 cocktail drink in downtown club | Mex$ 162 (₩12,604) | ₩15,654 | - 19% | |
| Cappuccino in expat area of the city | Mex$ 79 (₩6,147) | ₩5,510 | + 12% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | Mex$ 47 (₩3,632) | ₩4,817 | - 25% | |
| Ipad wi-fi 128gb | Mex$ 10,833 (₩842,316) | ₩757,033 | + 11% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | Mex$ 2.29 (₩178) | ₩206 | - 14% | |
| 1 month of gym membership in business district | Mex$ 889 (₩69,106) | ₩98,667 | - 30% | |
| 1 package of marlboro cigarettes | Mex$ 81 (₩6,289) | ₩4,500 | + 40% | |
| TOTAL | - 27% | |||
These prices were last updated on September 22, 2023.
Exchange rate:
77.752
KRW
/
MXN
This comparison is based on abundant and consistent data. It is based on 9,989 prices entered by 1,016 different people.
Cost of living in Mexico is 27% cheaper than in South Korea
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