100 Pesos is equivalent to about $5 to $6. This sum may not seem like a big amount, but it can buy tourists one or two meals in Mexico.
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For smaller portions, such as a 12-oz can, 20-oz bottle, or 1-liter bottle, the price ranges between 10 pesos to 20 pesos, but almost always under $1 USD. As mentioned earlier, drinking a 2-liter of Coke is a daily ritual for many Mexican nationals.
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).
They are fantastic for tacos and other fast food. With 100 Pesos, tourists can also buy ice cream, fruits, or juice from the local food markets. If they do not want to spend their money on food, they can purchase a ticket to enter Tulum ruins, Chapultepec Castle, Museo Nacional de Antropologia, etc.
You should plan to spend around M$2,180 ($120) per day on your vacation in Mexico, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, M$504 ($28) on meals for one day and M$345 ($19) on local transportation.
Much like in the U.S., in Mexico, it is customary to tip service workers in restaurants, hotels, and Ubers. The standard tip is 10% of the bill, but you can give more or less depending on the quality of service. Tipping is not required, but it is appreciated.
The best currency to bring to Mexico is a mix of pesos and US dollars. Use the dollars to pay for tours, entrance fees, accommodation, and travel. For everything else use pesos.
The best currency to take to Mexico is the local currency, the Mexican peso. US dollars are also highly exchangeable at local banks and currency exchange offices. However, instead of converting physical banknotes, the cheapest way to pay in Mexico is to use a multi-currency travel debit card like Revolut or Wise.
Don't be surprised if a salad is served after the main course, as this is common practice in Mexico. To be polite, try to leave a small portion of food on your plate after you've finished eating.
It is considered very impolite to refuse refreshments outright. If you are offered something by your host, you can politely decline the offer by saying “ahorita” (literally translating as “right now”). This means 'not right now, but maybe later' and is a far more polite way to refuse an item.
The best time to visit Mexico is during the dry season between December and April, when there is virtually no rain. The coolest months are between December and February, although temperatures can still reach averages of 82°F during the dry season.
No, US citizens do not need a Mexica Visa. US citizens enjoy visa-free travel to Mexico for up to 180 days. Although US citizens do not need a Mexican Visa, they must apply for a Mexican Tourist Card.
In Mexico, a good rule of thumb for tips is to leave 10-15% of the bill. 50 pesos would be a standard tip for a bill that was around 500 pesos. For example, if you go out for dinner and get drinks, you should expect to spend around 400 MXN. That would mean your tip would be between 40-60 MXN.
In Mexico, you can live a comfortable life on $1,000 a month. The average cost of living for expats, digital nomads and retirees varies between $600 to $2,000 depending on one's lifestyle choices and their location. Baseline costs in Mexico are around $750 a month.