Is Mexico City expensive?

Is Mexico City expensive? Not really, especially compared to many US cities, but it's pricier than most other places in Mexico. Our data shows a cost multiplier of 1.09x, meaning your money stretches about 9% less here than the national average. For example, a nice one-bedroom apartment in a desirable neighborhood like Roma Norte or Condesa might run you $800-$1,200 USD per month. Outside the city center, you can find places for $400-$600 USD. Groceries are quite affordable; expect to spend $250-$400 USD monthly for a couple. Eating out can be cheap with street food for a few dollars, or a nice dinner for two in a mid-range restaurant for $40-$60 USD. Mexico's tax system is generally favorable for residents. The top income tax rate is 35%, but most expats won't hit that. The VAT (IVA) is 16%. Overall, Mexico City offers excellent value for a major global city. You can live very comfortably on $2,000-$3,000 USD per month as a single person, or $3,500-$5,000 USD for a couple, enjoying a high quality of life. Consider your desired lifestyle and neighborhood to gauge your personal budget.