| Index | Mexico | Missouri | National |
| Cost of living | 84 | 90 | 100 |
| Groceries | 99 | 96 | 100 |
| Health care | 95 | 97 | 100 |
| Housing | 54 | 77 | 100 |
| Transportation | 98 | 96 | 100 |
| Utilities | 97 | 95 | 100 |
| Lifestyle & Entertainment | 96 | 95 | 100 |
| Household Items | 96 | 97 | 100 |
| Education & Childcare | 98 | 95 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Mexico? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Mexico stands at 84, making it 16% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
It's not uncommon for housing expenses to eat up a substantial portion of your income, oten exceeding 30%. The good news is that Mexico stands out by reporting housing costs that are 46.5% lower than the national average. This signifies that both homeownership and rental expenses in this region are considerably more affordable compared to the rest of the country. This favorable housing situation allows residents to allocate a more manageable portion of their income to housing, resulting in greater financial flexibility.
Is Mexico an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Mexico, the median home price is 52.1% lower than what most folks pay across the country, and monthly rent prices are 33.3% lower than the usual rates. Income levels in Mexico come in at $61,797, which is 24% lower than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Mexico, healthcare costs are 4.7% lower than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Mexico starts at 4.225% and the income tax rates start at 2%.
The Mexico cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $73,842 | $6,154 | $1,723 | $2,215 |
| Renters | $43,302 | $3,609 | $1,010 | $1,299 |
| State | General Sales Tax | With Max Surtax |
| Missouri | 4.225% | 10.85% |
| State | Income Tax (Low) | Income Tax (High) |
| Missouri | 2% | 4.95% |
| City | Population | Cost of Living Index | National Avg. |
| Rush Hill, MO | 188 | 74 | 25.7% |
| Benton City, MO | 144 | 76 | 24.3% |
| Martinsburg, MO | 597 | 81 | 19.4% |
| Laddonia, MO | 599 | 81 | 18.8% |
| Auxvasse, MO | 1,254 | 85 | 15.5% |
| Mexico, MO | 11,861 | 84 | 15.8% |
| City | Population | Cost of Living Index | National Avg. |
| Clayton, CA | 11,862 | 202 | 102.4% |
| Signal Hill, CA | 11,866 | 159 | 58.9% |
| Cedarburg, WI | 11,850 | 114 | 14.5% |
| Bacliff, TX | 11,876 | 95 | 4.7% |
| Mountain Top, PA | 11,844 | 101 | 1.0% |
| Mexico, MO | 11,861 | 84 | 15.8% |
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