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Mexico City vs Seoul

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 Seoul, KR at a glance — Seoul, KR is 31% more expensive than Mexico City, MX overall. Median 1-bed rent runs about $900/mo versus $800/mo. Top income tax: 45% vs 35%.

$/ year

To keep the same standard of living in Seoul, KR, you'd need

$97,943 / year

Seoul, KR is 31% more expensive overall

Category breakdown (Seoul, KR vs Mexico City, MX)

  • Housing+50%
  • Food & groceries+31%
  • Transport+10%
  • Utilities0%
  • Healthcare0%
  • Goods & services+36%

◎ How Mexico City, MX and Seoul, KR compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Mexico City, MXSeoul, KR

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

▤ Full comparison

Mexico City, MXSeoul, KR
Cost of living
Overall cost index6484
Housing6090
Food6585
Transport5055
Utilities8080
Healthcare6565
Goods & services7095
Housing
Rent, 1-bed centre$800/mo$900/mo
Rent, 1-bed outside$550/mo$650/mo
Rent, 3-bed centre$1,600/mo$1,900/mo
Buy price / m² centre$3,200$12,000
Money & purchasing power
$1,000 goes as far as$1,553$1,189
Inexpensive meal$5$8
Monthly transit pass$20$45
Taxes
Income tax (top rate)35%45%
VAT / sales tax16%10%
Corporate tax30%24%
Economy & salaries
Avg net salary$700/mo$2,500/mo
Avg annual wage (OECD, PPP)$24,463✓$61,259✓
Minimum wage$420/mo$1,500/mo
GDP per capita$13,889✓$35,563✓
Inflation (annual)3.8%✓2.3%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowModerate
Coworking spaces7040
Time zoneUTC-6UTC+9
Quality of life
Quality of life (overall)5673
Safety index4078
Healthcare index6882
Pollution index7555
Internet speed80 Mbps220 Mbps
Walkability6875
Public transport7092
Family-friendly6068
Tap waterUse cautionSafe to drink
Health insurance$80/mo—
Life expectancy75 yr✓84 yr✓
LGBTQ+ acceptanceModerateLow
Climate
January avg+14 °C-2 °C
July avg+17 °C+25 °C
Sunny days / year240200
Rainfall / year850 mm1,400 mm
Connectivity
Flight to nearest hub1 h2 h

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

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

Cost of living: Mexico City vs Seoul — in your currency

Mexico CitySeoul
1-bed rent, city centre$800$900
1-bed rent, outside centre$550$650
Inexpensive meal$5$8
Monthly transit pass$20$45
Utilities (monthly)$60$80

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 Seoul

A hyper-modern megacity with the world's best transit and internet, K-culture everywhere and remarkable safety. The costs are Western-tier, the work culture intense and the jeonse deposits huge — but a new workation visa is opening the door to nomads.

Currency
South Korean won (₩ KRW)
Languages
Korean
Time zone
UTC+9
Internet
220 Mbps
English
Fairly common
Safety
78/100
Climate
❄ -2°C · ☀ 25°C · 200 sunny days/yr
Tap water
Safe to drink
Power
C/F · 220V
Driving
Right-hand side
Popular areas
Gangnam · Itaewon · Hongdae · Seongsu

? Frequently asked questions

Moving from Mexico City to Seoul: cheaper or more expensive?

Moving from Mexico City to Seoul, your cost of living will be roughly 31% more expensive. Seoul’s cost-of-living index is 84 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 Seoul?

Seoul is about 31% more expensive than Mexico City overall — its cost-of-living index is 84 versus 64 for Mexico City.

Which is more expensive, Mexico City or Seoul?

Seoul is more expensive than Mexico City. Its cost-of-living index is 84 vs 64 (US = 100) — about 31% higher.

Is rent cheaper in Mexico City or Seoul?

Rent is cheaper in Mexico City — about $800/month for a one-bedroom in the city centre, vs $900 in Seoul.

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

To keep the same standard of living, a $75,000 salary in Mexico City is worth about $97,943 in Seoul. Enter your own figure in the calculator above.

Which has lower taxes, Mexico City or Seoul?

Mexico has the lower top income-tax rate — 35% versus 45% in South Korea.

◷ 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.