Is Mexico expensive to live in?

No, Mexico is not expensive to live in, especially compared to the US. Overall, prices are about 44% lower than in the United States, with a price index of 56 (US = 100) for goods and services. For example, a typical two-bedroom apartment in a nice neighborhood might cost $600-$800 USD per month in a city like Puebla or Querétaro, while a similar place in the US could easily be $1,500-$2,000. Groceries are also significantly cheaper. You can get a week's worth of fresh produce and staples for $40-$60 USD. Healthcare is also a major saving. Private health insurance plans often start around $50-$100 USD per month, offering access to high-quality care that would be much pricier north of the border. Income tax rates are progressive, ranging from 1.92% to 35%, so your tax burden can be manageable depending on your income. Ultimately, you can enjoy a comfortable lifestyle in Mexico for a fraction of the cost you’d pay in the US.