Veracruz, VER, Mexico
Mexico's oldest port city with a lively Afro-Caribbean culture, colonial fortresses, and famous seafood.
Below Average vs Mexico avg (100)
Affordable
Household income
Job market health
Veracruz vs Mexico Average
Taxes
- Income Tax: 8.0%
- VAT: 16.0%
Economy & Jobs
- Median Income: Mex$114,000
- Unemployment: 4.7%
- Population: 637,226
Climate
- Sunny Days: 220/year
- Summer High: 90°F
- Winter Low: 62°F
Housing
- Median Home: Mex$1,200,000
- 1BR Rent: Mex$5000/mo
Cost of Living
Veracruz's cost of living index is 68.5 (Mexico average = 100).
| Category | Veracruz | National Average | Difference |
|---|---|---|---|
| Overall | 68.5 | 100 | -31.5% |
| Housing | 65 | 100 | -35.0% |
Data source: INEGI, BBVA Research, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | Mex$1,200,000 |
| Median Rent (1BR) | Mex$5000/mo |
| Median Rent (2BR) | Mex$6,250/mo |
| Price per Sq Ft | Mex$800 |
Data source: Propiedades.com, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Veracruz:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | Mex$1100 | Based on ~300 kWh/month typical Mexican household usage (CFE) |
| Heating & Cooling | N/A | Estimated based on local climate. electric or gas heating (limited usage in mild climates) |
| Cooling (AC) | Mex$147 | Estimated based on local climate and electricity rates |
| Water | Mex$350 | Includes sewer |
| Internet (100+ Mbps) | Mex$450 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | Mex$2047 | Monthly estimate (including heating & cooling) |
Data sources: CFE, CONAGUA, IFT 2025
Best Neighborhoods
Downtown Veracruz
The heart of the city with restaurants, shops, and entertainment. Average rent: Mex$6,000/mo.
Veracruz Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: Mex$5,500/mo.
East Veracruz
Up-and-coming neighborhood with new developments and young professionals. Average rent: Mex$4,500/mo.
West Veracruz
Family-friendly area with parks and good schools. Average rent: Mex$4,750/mo.
Remote Work Score
Veracruz scores —/100 for remote work readiness:
Climate
Veracruz has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 82°F | 62°F | 2.5" |
| April | 75°F | 77°F | 2.8" |
| July | 90°F | 65°F | 1.5" |
| October | 70°F | 80°F | 2.2" |
Taxes
- Income Tax: 8%
- VAT: 16%
- Property Tax: ~0.17% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.7%.
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 Veracruz, VER, Mexico?
The cost of living index in Veracruz is 68.5, which is Lower the Mexico national average of 100.
How much does it cost to buy a home in Veracruz?
The median home price in Veracruz is Mex$1,200,000. The housing index is 65.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Veracruz is approximately Mex$5000/mo.
Does Veracruz, VER have income tax?
Veracruz is in VER, which has an income tax rate of 8%.
What is the climate like in Veracruz?
Veracruz enjoys approximately 220 sunny days per year. Summer highs reach around <no value>°F,90°F, while winter lows can drop to around <no value>°F.62°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.