Food Prices in Mexico (2024)

FAQs

Is the food in Mexico expensive? ›

Food is relatively affordable in Mexico whether you eat at home or dine outside. This is great news for foodies because Mexico's gastronomic experience is the chef's kiss.

Living in Mexico on $500 a month – is it possible? Believe it or not, it is possible to live on $500 a month in Mexico. But the real question is, “Do you really want to do that?” The lifestyle with that budget won't suit most people, and you might not survive long if you're living that frugally.

For budget travelers, you can expect to spend around $30 to $50 per day in Mexico, including accommodation, food, transportation, and activities. For mid-range travelers, you can expect to spend around $80 to $150 per day, depending on your preferences and activities.

What can a handful of pesos get you in Mexico? Considering the fact that under current exchange rates, $100 USD equals approximately 1,671 MXN, so is $100 a lot of money in Mexico? Yes, you can get a whole heck of a lot from $100!

A typical meal in Mexico City doesn't cost more than 100 pesos ($4). However, the cost of a meal can vary depending on whether you're eating on the streets or in a sit-down restaurant. It can be higher if you're eating at high-end and luxury restaurants .

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 co*ke is a daily ritual for many Mexican nationals.

It's always best to tip in cash, using Mexican pesos. While it might be tempting to leave a few foreign coins as a thank-you, those coins can't be exchanged and won't be of much use to your waiter or tour guide.

A gallon of milk costs USD $5.96 on average in Mexico. A dozen eggs in Mexico costs $2.49 on average. On average, one pound of cheese costs USD $4.10 in Mexico.

Mexico attracts Americans for retirement with its warmer weather and lower cost of living, with nearly two million already residing there. A couple would need an estimated $2,500 per month to enjoy a comfortable retirement in Mexico; however, the final amount will depend on your location and lifestyle.

What is the minimum wage in Mexico? ›

Living Wage Individual in Mexico increased to 4320 MXN/Month in 2018 from 4130 MXN/Month in 2017. Living Wage Individual in Mexico averaged 4232.50 MXN/Month from 2015 until 2018, reaching an all time high of 4320.00 MXN/Month in 2018 and a record low of 4130.00 MXN/Month in 2017.

Using cash alone may not be the best idea. But it could still be beneficial to have some pesos in Mexico. Small businesses and those outside of major metropolitan areas might not have the technology to process credit card transactions or might just prefer to take cash. And it's always useful for tipping.

What is the average salary in Mexico? The average salary in Mexico is around $350,000 pesos yearly. When converted to USD, this is around $17,000 USD yearly.

In fact, Mexico is my number one country in the world for eating. And most exciting of all? The local food in Mexico is so cheap! You can get by on $1-2 a meal if you're on a tight budget, but if you're willing to splurge, you'll be looking at paying as much as $10 per meal.

13 pesos a taco is common at the street vendors or deals like 4 for 30, 4 for 50 pesos etc. 4) Go into a real Mexican only neighbourhood and prices drop again to as low as 4 tacos for 10 pesos. These are smaller, but 8 of them filled me up for 20 pesos.

A gallon of milk costs USD $5.96 on average in Mexico. A dozen eggs in Mexico costs $2.49 on average. On average, one pound of cheese costs USD $4.10 in Mexico.

Affordability depends on the region, season, and the tourism infrastructure of a given location. Nevertheless, Mexico can certainly be a budget-friendly destination with screaming bargains – like $1 tacos, freshly squeezed fruit juices, ice-cold cervezas (beers), and bus rides.