Follow the 25% rule regardless of how many days you will be in Mexico. For example, if your total budget for a seven-day vacation is $1500USD, you should bring a total of $375USD or $7,000 MXN. This totals about $50USD in cash per day.
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It's up to you how much you tip, but the recommended amount in Mexico is between 10% – 20% (15% is a good standard in tourist areas) of the bill or ticket price.
A comfortable daily allowance in Mexico is 70-150 USD per person. This will allow you to do a few more luxurious tours, eat at nicer restaurants, or stay at a mid-range hotel. For cash, bring 25-35 USD for each day of your vacation.
It's recommended that you buy pesos before you land in Mexico, just in case you need the cash. According to this USA Today article, the most economical way to do this is to buy pesos from your bank in the U.S. Most banks will do this for free, especially if you're not withdrawing a significant amount of money.
How Much Money to Take to Mexico for a Week? Follow the 25% rule regardless of how many days you will be in Mexico. For example, if your total budget for a seven-day vacation is 1500 USD, you should bring a total of 375 USD or 7,000 MXN.
Most businesses will take U.S. dollars, but it's better to convert your currency to pesos. You'll get better deals and it is the currency of Mexico. Many people get pesos from their bank at home before travel.
What is this? The good news is, in certain parts of Mexico it's still possible to live and travel on just $500 a month! It's even possible to live in Mexico comfortably on $500 per month, as long as you plan your trip correctly.
For traveling (even on a backpacker budget) it is perhaps better to consider what 500 pesos (or $25 will buy). That is enough to rent a car for a way (minus non-specified expenses). It is also enough for dormitory accommodation in some of the cheapest hostels in Mexico City for two nights (around $8 per night).
Deciding where to go and what to pack is stressful enough, let alone trying to determine how much money you need to bring. The general consensus is that you should have $50 to $100 in cash per day for each traveler.
For hotel and waiting staff: one US dollar (equivalent in Mexican pesos) per bag for porters; a 10% tip of the bill (or what the bill would likely have been if the plan was a-la-carte instead of all inclusive) left on the table after each meal or round of drinks at the bar; and a tip for the chamber maids (see above) ...
150-170 peso bill= $2-3 or 30 pesos. 400 peso bill= $3-4 or 60-80 pesos. 1,000 peso bill =$8-10 or 150-200 pesos. 2,000 peso bill = $15-20 or 250-350 pesos.
While tipping may not be required at some all-inclusive resorts, many guests prefer to do so. In the event that you would like to tip staff during your all-inclusive vacation, it is important to find out in advance whether staff would even be allowed to accept those tips.