Cost of living in Mexico compared to South Korea
Currency:
| Food | - 19% | |||
|---|---|---|---|---|
| Food in Mexico is 19% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | Mex$ 289 (₩21,977) | ₩12,194 | + 80% | |
| Combo meal in fast food restaurant (big mac meal or similar) | Mex$ 158 (₩12,008) | ₩7,703 | + 56% | |
| 500 gr (1 lb.) of boneless chicken breast | Mex$ 72 (₩5,438) | ₩6,868 | - 21% | |
| 1 liter (1 qt.) of whole fat milk | Mex$ 27 (₩2,048) | ₩2,958 | - 31% | |
| 12 eggs, large | Mex$ 47 (₩3,601) | ₩5,799 | - 38% | |
| 1 kg (2 lb.) of tomatoes | Mex$ 27 (₩2,059) | ₩8,019 | - 74% | |
| 500 gr (16 oz.) of local cheese | Mex$ 92 (₩7,003) | ₩7,984 | - 12% | |
| 1 kg (2 lb.) of apples | Mex$ 49 (₩3,758) | ₩8,597 | - 56% | |
| 1 kg (2 lb.) of potatoes | Mex$ 34 (₩2,579) | ₩4,900 | - 47% | |
| 0.5 l (16 oz) domestic beer in the supermarket | Mex$ 30 (₩2,287) | ₩2,718 | - 16% | |
| 1 bottle of red table wine, good quality | Mex$ 278 (₩21,084) | ₩20,791 | + 1% | |
| 2 liters of coca-cola | Mex$ 35 (₩2,686) | ₩3,589 | - 25% | |
| Bread for 2 people for 1 day | Mex$ 25 (₩1,891) | ₩4,247 | - 55% | |
| Housing | - 42% | |||
| Housing in Mexico is 42% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | Mex$ 20,281 (₩1,540,442) | ₩3,572,230 | - 57% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | Mex$ 10,225 (₩776,636) | ₩1,809,060 | - 57% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Mex$ 1,112 (₩84,488) | ₩240,148 | - 65% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | Mex$ 12,923 (₩981,553) | ₩1,264,360 | - 22% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | Mex$ 7,476 (₩567,851) | ₩725,161 | - 22% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | Mex$ 832 (₩63,161) | ₩80,000 | - 21% | |
| Internet 8 mbps (1 month) | Mex$ 416 (₩31,603) | ₩30,234 | + 5% | |
| 40” flat screen tv | Mex$ 6,277 (₩476,764) | ₩433,362 | + 10% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | Mex$ 2,589 (₩196,668) | ₩100,000 | + 97% | |
| Laundry detergent (3 l. ~ 100 oz.) | Mex$ 115 (₩8,767) | ₩16,029 | - 45% | |
| Hourly rate for cleaning help | Mex$ 118 (₩8,964) | ₩14,433 | - 38% | |
| Clothes | - 9% | |||
| Clothes in Mexico is 9% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| 1 pair of jeans (levis 501 or similar) | Mex$ 1,003 (₩76,160) | ₩85,819 | - 11% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | Mex$ 709 (₩53,836) | ₩61,053 | - 12% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | Mex$ 1,730 (₩131,382) | ₩96,399 | + 36% | |
| 1 pair of men’s leather business shoes | Mex$ 1,306 (₩99,179) | ₩148,450 | - 33% | |
| Transportation | - 17% | |||
| Transportation in Mexico is 17% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | Mex$ 364,078 (₩27,653,390) | ₩42,078,700 | - 34% | |
| 1 liter (1/4 gallon) of gas | Mex$ 23 (₩1,726) | ₩1,740 | - 1% | |
| Monthly ticket public transport | Mex$ 643 (₩48,846) | ₩57,662 | - 15% | |
| Personal Care | - 40% | |||
| Personal Care in Mexico is 40% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | Mex$ 98 (₩7,444) | ₩7,985 | - 7% | |
| 1 box of antibiotics (12 doses) | Mex$ 233 (₩17,660) | ₩12,000 | + 47% | |
| Short visit to private doctor (15 minutes) | Mex$ 617 (₩46,845) | ₩53,966 | - 13% | |
| 1 box of 32 tampons (tampax, ob, ...) | Mex$ 82 (₩6,261) | ₩20,000 | - 69% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | Mex$ 57 (₩4,347) | ₩15,000 | - 71% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Mex$ 70 (₩5,293) | ₩9,644 | - 45% | |
| 4 rolls of toilet paper | Mex$ 34 (₩2,572) | ₩3,593 | - 28% | |
| Tube of toothpaste | Mex$ 33 (₩2,480) | ₩6,320 | - 61% | |
| Standard men's haircut in expat area of the city | Mex$ 239 (₩18,175) | ₩14,338 | + 27% | |
| Entertainment | - 19% | |||
| Entertainment in Mexico is 19% cheaper than in South Korea | ||||
| Mexico | South Korea | Diff | ||
| Basic dinner out for two in neighborhood pub | Mex$ 356 (₩27,007) | ₩34,756 | - 22% | |
| 2 tickets to the movies | Mex$ 160 (₩12,167) | ₩27,364 | - 56% | |
| 2 tickets to the theater (best available seats) | Mex$ 782 (₩59,411) | ₩249,761 | - 76% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | Mex$ 807 (₩61,331) | ₩69,455 | - 12% | |
| 1 cocktail drink in downtown club | Mex$ 170 (₩12,880) | ₩15,654 | - 18% | |
| Cappuccino in expat area of the city | Mex$ 82 (₩6,229) | ₩5,510 | + 13% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | Mex$ 47 (₩3,556) | ₩4,817 | - 26% | |
| Ipad wi-fi 128gb | Mex$ 11,943 (₩907,118) | ₩814,125 | + 11% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | Mex$ 2.28 (₩173) | ₩206 | - 16% | |
| 1 month of gym membership in business district | Mex$ 956 (₩72,603) | ₩98,667 | - 26% | |
| 1 package of marlboro cigarettes | Mex$ 82 (₩6,225) | ₩4,500 | + 38% | |
| TOTAL | - 27% | |||
These prices were last updated on December 10, 2023.
Exchange rate:
75.955
KRW
/
MXN
This comparison is based on abundant and consistent data. It is based on 9,422 prices entered by 962 different people.
Cost of living in Mexico is 27% cheaper than in South Korea
Other Country Comparisons
- Cost of living in Antigua and Barbuda is about the same as in South Korea
- Cost of living in United Arab Emirates is about the same as in South Korea
- Cost of living in Anguilla is 71% more expensive than in South Korea
- Cost of living in Angola is 48% cheaper than in South Korea
- Cost of living in Andorra is about the same as in South Korea
- Cost of living in Albania is 22% cheaper than in South Korea
- Cost of living in Afghanistan is 38% cheaper than in South Korea
- Cost of living in Antarctica is in South Korea