Housing costs in Mexico?
A typical home costs
$134,400, which is 60.2% less expensive than the national average of
$338,100 and 36.7% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Mexico costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 21.8% cheaper than the state average of
$950.
Can I afford Mexico?
To live comfortably in Mexico, Missouri, a minimum annual income of
$25,920 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Mexico?
Mexico, MO is a city known for its affordable cost of living. The overall cost of living index in Mexico is approximately 15% lower than the average index in the United States. This allows citizens to enjoy an overall higher quality of life due to their reduced spending power. Rent and groceries are both cheaper than national averages, with rents ranging from $600-$900 per month depending on the size and location of the apartment or house. Similarly, groceries have seen a reduction in prices over the past few years as more local food sources have become available. As such, Mexico’s residents can enjoy a comfortable lifestyle without sacrificing too much of their hard-earned cash.