Should I get cash for Mexico?

Since most major tourist attractions accept both U.S. dollars and pesos, you should bring a little of both. However, don't bring too much. Even though Mexico is generally safe, carrying large wads of cash in your wallet or pockets is not a good idea.



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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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Considering the fact that $100 USD equals over 2,000 MXN, you can get a whole heck of a lot! From affordable all-inclusive resorts to must-see (and free) attractions all over Mexico, your money might be more valuable than you think.

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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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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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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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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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The best way to get pesos in Mexico for your trip is to use your debit card at an ATM. We recommend exchanging enough pesos from your home country before your trip to make it through your first day. Afterward, simply get cash from a local ATM to get the best exchange rate possible.

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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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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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?? Use Credit Cards Credit cards are widely accepted at most places of business throughout Mexico, especially in tourist areas. Besides small towns and certain food trucks or shops, you can use a credit card to pay for most things.

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Credit cards are gold around these parts but it's still a good idea to bring cash along when you travel, even on an all-inclusive vacation.

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Cash is a necessity in Cancun, given that many restaurants and gift shops don't accept credit cards. Like many other airports around the world, the Cancun airport is jam-packed with money exchange kiosks looking to convert your money into Mexican pesos.

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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.

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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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