Cheapest Cities Near Mexico City (2026)

Mexico City has a cost of living index of 45 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Phnom Penh, KH33% cheaper
COL: 301BR: $350/moSave $350/mo on rent
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2
Buenos Aires, AR33% cheaper
COL: 301BR: $400/moSave $300/mo on rent
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3
Oaxaca, MX29% cheaper
COL: 321BR: $400/moSave $300/mo on rent
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4
Da Nang, VN26% cheaper
COL: 341BR: $350/moSave $350/mo on rent
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5
Medellín, CO22% cheaper
COL: 351BR: $500/moSave $200/mo on rent
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6
Marrakech, MA22% cheaper
COL: 351BR: $430/moSave $270/mo on rent
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7
Hanoi, VN18% cheaper
COL: 371BR: $450/moSave $250/mo on rent
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8
Cebu City, PH18% cheaper
COL: 371BR: $400/moSave $300/mo on rent
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Mexico City at a glance

45
COL index
100 = US avg
$700
1BR rent
per month
—
Home price
median
None
State tax
income

Cities with similar cost of living

Bangkok, THCOL: 45Belgrade, RSCOL: 45Kigali, RWCOL: 44Bucharest, ROCOL: 47

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only