How Much Do I Need To Live Comfortably In Mexico

So how much money do you need to live in Mexico? The average couple finds they can live very comfortably on less than $2,000 a month with all expenses included. This low cost of living in Mexico is a massive draw for Expats and retirees looking for affordable options. Mexico taxes for Expats Single person estimated monthly costs: Mex$ 23,074. Mexico is the 4th cheapest country in Latin America (12 out of 15) Cost of living in Mexico is cheaper than in 73% of countries in the World (66 out of 91) Change the currency: March 15, 2022. 1055.

A retired couple can expect to retire comfortably in Mexico with an average income of about $2,500 a month, or $30,000 a year, according to InternationalLiving.com. These figures include the cost of a house, a maid service, utilities, groceries, entertainment, health insurance, and more.