Mexico vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Mexico South Korea
🚶 Cost of living one person
$880
$1116
👨‍👩‍👧‍👦 Cost of living Family
$2158
$3042
🏠 One person rent
$398
$466
🏘️ Family rent
$725
$1019
🍽️ Food expenses
$328
$454
🚐 Transport expenses
$74.6
$93.9
💳 Monthly salary after tax
$678
$2217
💸 GDP per capita
$13790
$33121
😃 Human freedom index
6.66
8.23
❤️ Life expectancy
74.8
82.7
👮 Corruption perceptions index
26
64
🌐 English speaking %
13%
20%
🎓 Higher education
89
87
😀 Quality of life
43
84
🏙️ Population
125M
51.5M

The average cost of living in Mexico ($880) is 21% less expensive than in South Korea ($1116). Mexico ranked 104th vs 64th for South Korea in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.8 months in Mexico compared to 2 months in South Korea. Ranked 103rd and 23rd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Mexico vs South Korea infographic

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Prices in Mexico vs South Korea

We calculate prices for Mexico and South Korea as a population-weighted mean of 144 and 87 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Mexico South Korea
Eating Out
🍱 Lunch Menu
$9.38
$6.8
🥂 Dinner in a Restaurant, for 2
$32.9
$35.8
🥪 Fast food meal, equiv. McDonald's
$7.29
$5.46
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.24
$3.21
 Cappuccino
$3.34
$3.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.18
$1.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$477
$484
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$303
$320
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$911
$1204
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$579
$767
🔌 Utility Bill one person, electricity, heating, water, etc.
$35.7
$93.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$54.8
$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24.4
$20.1
🏦 Mortgage Interest Rate for 20 Years
11.41%
4.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1856
$10274
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1375
$6790
Transportation
🚌 Local transport ticket
$0.57
$1.02
🎟️ Monthly ticket local transport
$27.3
$42
🚕 Taxi Ride, 8 km or 5 mi
$11.2
$8.77
 Gas / Petrol, 1 L or 0.26 gal
$1.14
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.31
$2.01
🍞 Bread, 0.5 kg or 1.1 lb
$1.9
$2.89
🍚 Rice, 1 kg or 2.2 lb
$1.43
$2.8
🥚 Eggs, x12
$2.22
$3.01
🧀 Cheese, 1 kg or 2.2 lb
$7.81
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.89
$8.28
🥩 Round Steak, 1 kg or 2.2 lb
$10
$26.5
🍏 Apples, 1 kg or 2.2 lb
$2.37
$6.94
🍌 Banana, 1 kg or 2.2 lb
$1.31
$3.23
🍊 Oranges, 1 kg or 2.2 lb
$1.64
$5.68
🍅 Tomato, 1 kg or 2.2 lb
$1.51
$5.28
🥔 Potato, 1 kg or 2.2 lb
$1.63
$3.8
🧅 Onion, 1 kg or 2.2 lb
$1.72
$2.78
🌊 Water, 1 L or 1 qt
$0.62
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.68
$2.32
🍾 Wine (mid-priced), 750 mL bottle
$10.9
$16.7
🍺 Beer, 0.5 L or 16 fl oz
$1.42
$2.03
🚬 Cigarette pack
$3.66
$3.12
💊 Cold medicince, 1 week
$5.19
$4.67
🧴 Hair Shampoo
$3.37
$5.24
🧻 Toilet paper, 4 rolls
$1.74
$2.2
👄 Toothpaste, 1 tube
$1.71
$2.07
Other
🏋️ Gym Membership, 1 month
$36.4
$48.6
🎫 Cinema Ticket, 1 person
$4.34
$9.93
👩‍⚕️ Doctor's visit
$30
$42.5
💇 Haircut, simple
$9.63
$7.71
👖 Brand Jeans
$46.7
$64.9
👟 Brand Sneakers
$82.5
$78.9
👶 Daycare or Preschool, 1 month
$252
$407
🏫 International Primary School, 1 year
$5685
$18055

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cities Comparison in Mexico vs South Korea

More countries to compare

Cost of Living in Popular cities

In Mexico

City Cost of living Population
Mexico City
$1160
9.21M
Tijuana
$1047
1.96M
Zapopan
$1021
1.48M
Ecatepec de Morelos
$704
1.93M
Monterrey
$1277
1.14M
Ciudad Juarez
$948
1.32M
Leon
$684
1.58M
Guadalajara
$1017
1.46M
Puebla
$981
1.43M
Mexicali
$913
1.03M
Queretaro
$983
795K
Aguascalientes
$796
934K
Ciudad Nezahualcoyotl
$814
1.07M
Saltillo
$892
864K
Guadalupe
$916
692K
Naucalpan
$800
872K
Morelia
$717
963K
Cancun
$1132
889K
Chihuahua
$814
878K
Culiacan
$761
808K
Hermosillo
$814
856K
Merida
$1085
892K
Apodaca
$952
523K
Acapulco
$756
673K
San Luis Potosi
$808
773K
Tlaquepaque
$660
664K
Torreon
$646
690K
San Nicolas de los Garza
$842
443K
Tlalnepantla
$741
653K
Reynosa
$795
589K

In South Korea

City Cost of living Population
Seoul
$1334
9.67M
Busan
$1060
3.45M
Incheon
$1092
2.94M
Daegu
$995
2.38M
Suwon
$1022
1.23M
Daejeon
$992
1.48M
Gwangju
$1101
1.49M
Ulsan
$1059
1.13M
Cheongju
$936
852K
Seongnam
$1400
919K
Yongin
$1127
1.08M
Changwon
$1075
1.01M
Hwaseong
$1089
941K
Goyang
$1171
1.06M
Namyangju
$1129
732K
Gimhae
$959
534K
Siheung
$1283
520K
Jeju Island
$1080
678K
Bucheon
$1163
772K
Pyeongtaek
$984
590K
Cheonan
$1151
657K
Pohang
$988
504K
Uijeongbu
$955
463K
Ansan
$1070
623K
Paju
$1075
498K
Gwangju
$1165
397K
Jeju
$1037
492K
Hanam
$1161
330K
Sejong
$1019
386K
Gunsan
$1005
275K