Cost of Living in Mexico, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

104.3

100 = national avg

+4.3 vs national average

Living Wage (1 Adult)

$45,895

per year

Living Wage (Family of 4)

$108,480

per year

Cost Index by Category

Housing
98.1
Food
105.6
Transportation
111.2
Healthcare
104.5
Utilities
103.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,123

per month

2 Bedroom

$1,392

per month

The overall cost of living index in Mexico is 104.3, which is 4.3% above the national average. Housing costs are below the national average at an index of 98.1. A single adult needs to earn approximately $45,895 per year to cover basic expenses.