Is 1000 pesos a lot of money in Mexico?

One thousand good Mexican pesos have the purchasing power of about $50 U.S.A. dollars. You might get a nice dinner for three, or a tankful of gasoline (gasoline is expensive there), or a bus ticket to a major city, or a night in a cheap hotel.



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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.

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Is $500 dollars enough for Mexico? 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.

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One can live in Mexico on $1,000 a month or even less quite easily. In fact, locals live on much tighter budgets. As a foreigner, you will see that pretty much everything costs less than in your home country. Rent, food, transportation and healthcare in Mexico are much cheaper than in the US, Canada or Western Europe.

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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.

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How much money do you need to live good in Mexico? A very comfortable lifestyle with all these amenities—including a housekeeper, a car for travel, and health insurance—can amount to about $3,000 a month for a couple. You'd probably have to pay more than twice this amount to have a similar lifestyle in the U.S.

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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.

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Here is a quick overview cheapest places to live in Mexico right now:
  • Valladolid, Yucatan – starting from $950 USD.
  • Santiago de Queretaro – starting from $1,000 USD.
  • San Cristobal de las Casas, Chiapas – starting from $1,100 USD.
  • Puebla, Mexico- starting from $1,150 USD.
  • Guadalajara, Jalisco – starting from $1,200 USD.


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