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Currency and Cost of Living

Mexico - Currency and Cost of Living

The official currency of Mexico is the Mexican Peso, and there are 100 cents (centavos) to a Peso.

Mexican coins are minted in denominations of 5, 10, 20 and 50 cent pieces. In addition, there are larger value coins worth 1, 5, 10 and 20 Pesos. Mexican notes are printed in denominations of 20, 50, 100, 200, 500 and 1000 Pesos.

The cost of living is what attracts many expatriates to Mexico. Rent is considerably less than what you would expect to pay in the United States, although it varies greatly with the area. Where you might be able to find a lovely home for $100 per month in a smaller city, that same house could cost 10 times that in Mexico City. Food is relatively inexpensive, especially if you take advantage of the marketplaces that sell fresh fruits and vegetables at greatly reduced prices. To give you an example of everyday foods, you can expect to pay about $1.40 for a loaf of bread, and $0.90 for a carton of milk.

Expat Health Insurance Partners

Bupa Global

At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.


Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.