Mexico City, CMX, Mexico
The vibrant capital of Mexico with world-class museums, historic neighborhoods, and a thriving cultural scene.
Below Average vs Mexico avg (100)
Affordable
Household income
Job market health
Mexico City vs Mexico Average
Taxes
- Income Tax: 8.0%
- VAT: 16.0%
Economy & Jobs
- Median Income: Mex$216,000
- Unemployment: 4.8%
- Population: 9,209,944
Climate
- Sunny Days: 230/year
- Summer High: 79°F
- Winter Low: 42°F
Housing
- Median Home: Mex$2,800,000
- 1BR Rent: Mex$12000/mo
Cost of Living
Mexico City's cost of living index is 85.3 (Mexico average = 100).
| Category | Mexico City | National Average | Difference |
|---|---|---|---|
| Overall | 85.3 | 100 | -14.7% |
| Housing | 90.5 | 100 | -9.5% |
Data source: INEGI, BBVA Research, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | Mex$2,800,000 |
| Median Rent (1BR) | Mex$12000/mo |
| Median Rent (2BR) | Mex$15,000/mo |
| Price per Sq Ft | Mex$1,866 |
Data source: Propiedades.com, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Mexico City:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | Mex$800 | Based on ~300 kWh/month typical Mexican household usage (CFE) |
| Heating & Cooling | Mex$22 | Estimated based on local climate. electric or gas heating (limited usage in mild climates) |
| Cooling (AC) | N/A | Estimated based on local climate and electricity rates |
| Water | Mex$300 | Includes sewer |
| Internet (100+ Mbps) | Mex$450 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | Mex$1572 | Monthly estimate (including heating & cooling) |
Data sources: CFE, CONAGUA, IFT 2025
Best Neighborhoods
Downtown Mexico City
The heart of the city with restaurants, shops, and entertainment. Average rent: Mex$14,400/mo.
Mexico City Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: Mex$13,200/mo.
East Mexico City
Up-and-coming neighborhood with new developments and young professionals. Average rent: Mex$10,800/mo.
West Mexico City
Family-friendly area with parks and good schools. Average rent: Mex$11,400/mo.
Remote Work Score
Mexico City scores —/100 for remote work readiness:
Climate
Mexico City has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 62°F | 42°F | 2.5" |
| April | 64°F | 57°F | 2.8" |
| July | 79°F | 54°F | 1.5" |
| October | 59°F | 60°F | 2.2" |
Taxes
- Income Tax: 8%
- VAT: 16%
- Property Tax: ~0.25% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.8%.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Mexico City, CMX, Mexico?
The cost of living index in Mexico City is 85.3, which is Lower the Mexico national average of 100.
How much does it cost to buy a home in Mexico City?
The median home price in Mexico City is Mex$2,800,000. The housing index is 90.5.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Mexico City is approximately Mex$12000/mo.
Does Mexico City, CMX have income tax?
Mexico City is in CMX, which has an income tax rate of 8%.
What is the climate like in Mexico City?
Mexico City enjoys approximately 230 sunny days per year. Summer highs reach around <no value>°F,79°F, while winter lows can drop to around <no value>°F.42°F.
Data Sources
- Cost of Living: INEGI, BBVA Research, 2026
- Housing Data: Propiedades.com, 2026
- Income & Employment: INEGI Encuesta Nacional de Ocupación y Empleo, 2025
Data last updated: July 11, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.