Prices in Mexico 🇲🇽
In Mexico, beer costs $1.01, coca-cola costs $1.04 and gasoline costs $1.50. That is 15 of the 16 everyday items in the game, priced in US dollars, in MXN, and as roughly how long someone on the average local wage works to buy one.
Mexico produces much of its own fresh food, keeping groceries cheap in dollar terms, but the peso has been comparatively strong in recent years, which lifts Mexican prices when converted. Fuel is taxed but has also been subject to periodic government caps. Food and medicines carry 0% IVA against a 16% standard rate, a true zero rate rather than an exemption, and one of the more far-reaching food carve-outs in the Americas. Between domestic production and a zero rate on groceries, the Mexican food column has very little in it beyond the cost of growing and moving the food itself.
What things cost
| Item | USD | Local | Work time |
|---|---|---|---|
| Big Mac | $6.17 | 109 MXN | 1.5 h |
| Coca-Cola (330ml can) | $1.04 | 18 MXN | 16 min |
| Cappuccino | $3.76 | 65.19 MXN | 56 min |
| Milk (1 litre) | $1.72 | 29.82 MXN | 26 min |
| Eggs (dozen) | $2.62 | 45.43 MXN | 39 min |
| Apples (1 kg) | $3.04 | 52.71 MXN | 46 min |
| Gasoline (1 litre) | $1.50 | 26.01 MXN | 23 min |
| Diesel (1 litre) | $1.57 | 26.86 MXN | 24 min |
| Electricity (100 kWh) | $12.20 | 208.9 MXN | 3.0 h |
| Natural gas (100 kWh) | $3.60 | 62.1 MXN | 54 min |
| Cigarettes (20-pack) | $4.28 | 79.98 MXN | 64 min |
| Beer (330ml) | $1.01 | 18.92 MXN | 15 min |
| Spirits (750ml bottle) | $4.09 | 76.33 MXN | 61 min |
| Vape e-liquid (1 ml) | no data | ||
| Mobile data (1 GB) | $2.03 | — | 30 min |
| A day's healthy diet | $2.57 | 49.51 MXN | 39 min |
Most local-currency figures are printed as the source published them. The cappuccino, milk, egg, apple and petrol rows are converted from US dollars at recent exchange rates; the healthy-diet row is converted the other way. A dash means the source publishes dollars and nothing else. Work time divides the dollar price by an estimated average hourly wage, the roughest number on this page. See methodology.
How Mexico compares
Relative to the rest of the game, Mexico is most expensive for milk, where it ranks 11th out of 32 countries at $1.72, against a global median of $1.54.
It is relatively cheapest for spirits at $4.09, which is 35th of 42, only 7 countries in the game are cheaper.
Measured against local earnings rather than dollars, the item that takes the longest to afford here is electricity (100 kWh), at roughly 3.0 hours of the average wage. Dollar prices and work-time prices often rank countries very differently, and that gap is usually the more interesting number.
What the state takes
Standard rate in Mexico: 16% IVA. Ordinary groceries: 0% on food and medicines. Where these come from.
Play a puzzle
Mexico comes up in the daily puzzle roughly once every 49 days, paired with a different item each time. Play today's puzzle or browse the archive of past rounds.
Other countries
- Argentina
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- Spain
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- Switzerland
- Tanzania
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- Turkey
- United Arab Emirates
- United Kingdom
- United States
- Uruguay
- Vietnam
Why a country's prices look the way they do
- Why poor countries are cheap, and why it is not what you thinkThe real answer has nothing to do with profits or standards. It is a sixty-year-old piece of economics about haircuts, and it explains most of the price map.
- A fifth of what you paid was tax, and you never saw the lineConsumption tax is the largest single wedge between two countries' prices for an identical product, and the one shoppers are least able to see.
- The salary comparison you keep seeing online is wrongConverting a wage at the market exchange rate answers a question nobody asked. Purchasing power parity answers the one you meant, and has its own traps.
- How to compare two countries without fooling yourselfCost-of-living comparisons go wrong in the same six ways every time. What follows is a method that survives contact with a real decision.