Is 500 pesos a lot in Mexico?

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).



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Usually 400 pesos is a good amount of money. It all depends on the city or state in Mexico if your near the Us border your money doesn't go as far as in say the interior of México $400 pesos will buy a weeks worth of groceries, 24 street tacos , 5 to 6 pizzas, 5 good sized breakfasts or 4 movies at your local theater.

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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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In Mexico, every bellboy, chauffeur/driver, or valet parking person expects a tip of 20-50 pesos. Bartenders, waitresses/waiters, and housekeeping staff expect a tip of 15% of your bill, and housekeepers should be tipped about 50 pesos (or more) per day.

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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).

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According to numbeo.com, 200 Pesos or $10.00 will get a meal at an inexpensive restaurant (ranging from $4.00 to $15.00 and averaging around $7.50 per meal). Some other costs in Mexico to give an idea of the prices there are: McMeal: $6.00. Domestic Beer: $1.95 (0.5 Liter Draught)

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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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In general, you'll want to plan on tipping restaurant staff, the concierge, bartenders, housekeepers, the bellman, pool staff, and shuttle drivers at all-inclusive resorts. Impeccable service can always be rewarded with higher tips, but there are some accepted standards for travelers to lean on.

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Preparing your travel money options beforehand is the key to a stress-free vacation. Credit cards, debit cards, prepaid travel cards and cash are all accepted in Mexico. Outside of a few purchases like transportation fare or local shops, a credit card will be your best bet for everyday purchases.

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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.

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