Mexico City, Mexico
The vibrant capital of Mexico with world-class museums, historic neighborhoods, and a thriving cultural scene.
Overview
Mexico City is a city in Ciudad de México with a population of 9,209,944. The vibrant capital of Mexico with world-class museums, historic neighborhoods, and a thriving cultural scene. Housing costs are close to the national average. The overall cost of living is below the national average. Gardening thrives here — the 6a growing zone supports Cool to mild — apples, pears, berries, many vegetables. A large share of residents hold a bachelor’s degree or higher. Reported crime rates are relatively high.
Last updated: October 04, 2026
Below Average vs Mexico Avg (100)
Affordable
Household income
Job market health
Mexico City vs Mexico Average
Taxes
- State Income Tax: 8.0%
- Sales Tax: 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
- Farming Zone: USDA Zone 6a
Internet Speed
- Average 200 Mbps: 60 Mbps
- Coworking Spaces: 15+ locations
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 | |
| Heating & Cooling | Mex$22 | Estimated based on local climate. |
| 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
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" |
Cool to mild — apples, pears, berries, many vegetables
Natural Hazards
Mexico City faces the following natural hazards:
Located in a seismic zone with devastating historical earthquakes.
Urban flooding during rainy season.
Extreme summer heat.
Pacific coast vulnerable to tsunamis.
Significant hurricane risk.
Frequent wildfires in dry season.
Northern and central Mexico experience frequent droughts.
Nearby active volcanoes including Popocatépetl.
Hilly terrain with landslide risk.
Dust storms in northern desert regions.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 8%
- Sales Tax: 16%
- Property Tax: ~0.2% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.8%.
Crime & Safety
Crime rates in Mexico City per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Schools & Education
Academic Schedule
Many schools operate in morning or afternoon shifts due to high demand.
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Demographics
The population of Mexico City is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
Ethnicity data is based on indigenous language speakers and Afro-Mexican self-identification from the 2020 Mexican census (INEGI). Mexico does not collect race/ethnicity in the same way as the US; these serve as the closest available proxies.
Data source: Instituto Nacional de Estadística y Geografía (INEGI) Censo 2020 (2020)
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, 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 79°F, while winter lows can drop to around 42°F.
Relocation Guides
Data Sources
- Cost of Living: INEGI, BBVA Research, 2026
- Housing Data: Propiedades.com, 2026
- Income & Employment: INEGI Encuesta Nacional de Ocupación y Empleo, 2025
- Utilities CFE, CONAGUA, IFT 2025
Data last updated: October 21, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.