Merida

The Yucatán Peninsula, in particular the capital city Mérida, is in a prime location which allows for economic growth. Mérida has been a popular location for investment.

Founded: 1542
Population: 1.2m
Area: 883 km²
Average salary: $609.27
Elevation: 10 m
Timezone: UTC−6

Cost of Living in Merida

Last Update: February 2023

Rent Per Month

Price

Range

Apartment (1 bedroom) in City Centre

$455.37

$269.28$807.84

Apartment (1 bedroom) Outside of Centre

$345.00

$161.57$646.27

Apartment (3 bedrooms) in City Centre

$919.40

$350.07$1,454.12

Apartment (3 bedrooms) Outside of Centre

$727.64

$430.85$1,006.11

Buy Apartment Price

Price

Range

Price per Square Meter to Buy Apartment in City Centre

$1,034.04

$700.13$2,100.39

Price per Square Meter to Buy Apartment Outside of Centre

$1,209.18

$812.23$2,477.39

Utilities (Monthly)

Price

Range

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

$0.07

$0.05$0.05

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$71.60

$51.16$134.64

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$31.60

$20.95$50.31

Markets

Price

Range

Apples (1kg)

$2.57

$1.83$3.46

Banana (1kg)

$1.04

$0.54$1.62

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$15.27

$4.09$29.08

Bottle of Wine (Mid-Range)

$8.89

$5.39$13.46

Chicken Fillets (1kg)

$5.41

$2.69$6.95

Cigarettes 20 Pack (Marlboro)

$3.77

$3.23$3.77

Domestic Beer (0.5 liter bottle)

$1.40

$0.86$2.42

Eggs (regular) (12)

$1.64

$1.23$1.88

Imported Beer (0.33 liter bottle)

$2.52

$1.29$4.04

Lettuce (1 head)

$1.03

$0.65$1.35

Loaf of Fresh White Bread (500g)

$1.91

$1.08$3.23

Local Cheese (1kg)

$7.61

$3.77$21.54

Milk (regular), (1 liter)

$1.36

$1.02$1.72

Onion (1kg)

$1.64

$1.08$2.15

Oranges (1kg)

$1.46

$0.81$2.15

Potato (1kg)

$1.22

$0.70$1.62

Rice (white), (1kg)

$1.32

$0.75$2.15

Tomato (1kg)

$1.38

$0.38$1.88

Water (1.5 liter bottle)

$0.91

$0.65$1.08

Transportation

Price

Range

Gasoline (1 liter)

$1.22

$1.08$1.28

Monthly Pass (Regular Price)

$26.93

$16.16$48.47

One-way Ticket (Local Transport)

$0.43

$0.40$0.54

Taxi 1hour Waiting (Normal Tariff)

$8.08

$8.08$8.19

Taxi 1km (Normal Tariff)

$1.17

$0.54$2.15

Taxi Start (Normal Tariff)

$1.88

$1.35$2.69

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$17,874.14

$17,234.00$19,657.53

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$12,934.14

$12,386.93$18,580.40

Clothing And Shoes

Price

Range

1 Pair of Jeans (Levis 501 Or Similar)

$63.77

$40.39$100.61

1 Pair of Men Leather Business Shoes

$75.40

$64.63$107.71

1 Pair of Nike Running Shoes (Mid-Range)

$83.02

$50.31$107.71

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$39.68

$26.93$64.63

Restaurants

Price

Range

Cappuccino (regular)

$3.37

$1.88$5.92

Coke/Pepsi (0.33 liter bottle)

$0.95

$0.59$2.01

Domestic Beer (0.5 liter draught)

$2.96

$1.13$3.77

Imported Beer (0.33 liter bottle)

$3.64

$2.26$4.85

McMeal at McDonalds (or Equivalent Combo Meal)

$6.73

$5.39$8.08

Meal for 2 People, Mid-range Restaurant, Three-course

$37.70

$26.93$120.73

Meal, Inexpensive Restaurant

$7.29

$3.77$13.46

Water (0.33 liter bottle)

$0.74

$0.54$1.08

Childcare

Price

Range

International Primary School, Yearly for 1 Child

$3,718.77

$2,908.24$6,462.75

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$142.18

$80.78$441.62

Sports And Leisure

Price

Range

Cinema, International Release, 1 Seat

$5.39

$4.25$8.08

Fitness Club, Monthly Fee for 1 Adult

$25.13

$16.16$48.47

Tennis Court Rent (1 Hour on Weekend)

$8.98

$8.08$10.77

Salaries And Financing

Price

Range

Average Monthly Net Salary (After Tax)

$609.27

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

11.9

616

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