True Burn

Mexico City, Mexico

Can I live in Mexico City on $2,500/month?

Mexico City has become one of the most popular destinations for expats and digital nomads in recent years. This massive city offers incredible food, fascinating history, and loads of culture.

The cost of living in Mexico City is reasonable, compared to many large North American cities but it has increased substantially over the past 5 years or so. It’s not cheap like it used to be.

The first time I visited, I rented a room in an Airbnb for $100 for a month. Now, decent apartments start at $800 per month. One nice thing is that it’s easy to travel home if you’re from North America. You won’t have to pay for expensive transcontinental flights to visit family.

We have prefilled the calculator with estimates based on firsthand experience and local cost of living data. We have also included some expenses that are easy to forget, such as flights home, visa costs, and cleaning.

Use the estimates as a starting point, then adjust any expense to match your own lifestyle. The calculator will show you your true monthly burn rate, as well as your adjusted exchange rate after foreign exchange costs based on the method you use to move your money.