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Mexico City vs New York

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Mexico City, MX vs New York, NY at a glance — New York, NY is 75% more expensive than Mexico City, MX overall. Median 1-bed rent runs about $3,800/mo versus $800/mo. Top income tax: 37% vs 35%.

$/ year

To keep the same standard of living in New York, NY, you'd need

$131,332 / year

New York, NY is 75% more expensive overall

Category breakdown (New York, NY vs Mexico City, MX)

  • Housing+183%
  • Food & groceries+32%
  • Transport+78%
  • Utilities-1%
  • Healthcare+18%
  • Goods & services+34%

◎ How Mexico City, MX and New York, NY compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Mexico City, MXNew York, NY

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Mexico City, MXNew York, NY
Cost of living
Overall cost index64113
Housing60170
Food6586
Transport5089
Utilities8079
Healthcare6577
Goods & services7094
Housing
Rent, 1-bed centre$800/mo$3,800/mo
Rent, 1-bed outside$550/mo$2,600/mo
Rent, 3-bed centre$1,600/mo$7,500/mo
Buy price / m² centre$3,200$15,000
Money & purchasing power
$1,000 goes as far as$1,553$887
Inexpensive meal$5$25
Monthly transit pass$20$132
Taxes
Income tax (top rate)35%37%
VAT / sales tax16%0%
Social security (employee)—7.7%
Corporate tax30%21%
Capital gains—20%
Economy & salaries
Avg net salary$700/mo$4,300/mo
Minimum wage$420/mo$1,257/mo✓
GDP per capita$13,889✓$90,027✓
Inflation (annual)3.8%✓—
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyLowNative
Coworking spaces70200
Time zoneUTC-6UTC-5
Quality of life
Quality of life (overall)5669
Safety index4055
Healthcare index6878
Pollution index7555
Internet speed80 Mbps200 Mbps
Walkability6890
Public transport7085
Family-friendly6055
Tap waterUse cautionSafe to drink
Health insurance$80/mo$500/mo
Life expectancy75 yr✓79 yr✓
LGBTQ+ acceptanceModerateHigh
Climate
January avg+14 °C0 °C
July avg+17 °C+25 °C
Sunny days / year240234
Rainfall / year850 mm1,200 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: Mexico vs United States. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (US DOL (federal), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Mexico City vs New York — in your currency

Mexico CityNew York
1-bed rent, city centre$800$3,800
1-bed rent, outside centre$550$2,600
Inexpensive meal$5$25
Monthly transit pass$20$132
Utilities (monthly)$60$180

Converted from USD at approximate rates (2026-09).

Good to know before you move to Mexico City

A vast, vibrant capital with a perfect spring-like climate — a top nomad pick, though air and traffic bite.

Currency
Mexican peso ($ MXN)
Languages
Spanish
Time zone
UTC-6
Internet
80 Mbps
English
Rarely spoken
Safety
40/100
Climate
❄ 14°C · ☀ 17°C · 240 sunny days/yr
Tap water
Bottled recommended
Power
A/B · 127V
Driving
Right-hand side
Popular areas
Roma · Condesa · Polanco

Good to know before you move to New York

The benchmark against which everywhere else feels cheap. World-class salaries and everything else, offset by the highest rents in the dataset.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-5
Internet
200 Mbps
English
Native language
Safety
55/100
Climate
❄ 0°C · ☀ 25°C · 234 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Manhattan · Brooklyn · Queens

? Frequently asked questions

Moving from Mexico City to New York: cheaper or more expensive?

Moving from Mexico City to New York, your cost of living will be roughly 75% more expensive. New York’s cost-of-living index is 113 versus 64 for Mexico City (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Mexico City cheaper than New York?

New York is about 75% more expensive than Mexico City overall — its cost-of-living index is 113 versus 64 for Mexico City.

Which is more expensive, Mexico City or New York?

New York is more expensive than Mexico City. Its cost-of-living index is 113 vs 64 (US = 100) — about 77% higher.

Is rent cheaper in Mexico City or New York?

Rent is cheaper in Mexico City — about $800/month for a one-bedroom in the city centre, vs $3,800 in New York.

How much do you need to earn in New York to live like in Mexico City?

To keep the same standard of living, a $75,000 salary in Mexico City is worth about $131,332 in New York. Enter your own figure in the calculator above.

Which has lower taxes, Mexico City or New York?

Mexico has the lower top income-tax rate — 35% versus 37% in United States.

◷ More comparisons from Mexico City

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.