Mexico, MO Cost Of Living
Cost Of Living In Mexico, MO Summary
Cost of living in Mexico research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Mexico is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Mexico is 87, with 100 being the average.
The cost of living index in Mexico is 0.9x lower than the national average.
Mexico ranks as the #55 cheapest in Missouri out of 143.
Mexico ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Mexico is $93,800.
The median income in Mexico is $43,669.
Table Of Contents
Mexico's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mexico, MO?
According to the most recent data on the cost of living, Mexico has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Missouri, Mexico has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Mexico ranks as #55 most affordable out of the 143 places we measured in Missouri. By definition, that implies Mexico ranks as the #88 most expensive place in the Show Me State.
For more reading on life in Mexico, check out:
- Living In Mexico
- Mexico Crime Report
- Search Homes For Sale In Mexico, MO
In Missouri
In America
Mexico Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Mexico. Here is how it fairs on each of the criteria:
The Services index in Mexico is 98.
The Groceries index in Mexico is 101.
The Health index in Mexico is 101.
The Housing index in Mexico is 53.
The Transportation index in Mexico is 89.
The Utilities index in Mexico is 100.
| Living Expense | Mexico | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 87 | 89 | 100 | |
| Services | 98 | 92 | 100 | |
| Groceries | 101 | 96 | 100 | |
| Health | 101 | 88 | 100 | |
| Housing | 53 | 79 | 100 | |
| Transportation | 89 | 95 | 100 | |
| Utilities | 100 | 95 | 100 | |
Mexico, MO Housing Cost Breakdown
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Mexico is $93,800.
The Median Rent in Mexico is $647.
The Median Income in Mexico is $43,669.
The Home Value To Income in Mexico is 2.1x.
The Rent To Monthly Income in Mexico is 0.18x.
| Statistic | Mexico | Missouri | United States |
|---|---|---|---|
| Median Home Value | $93,800 | $171,800 | $244,900 |
| Median Rent | $647 | $886 | $1,163 |
| Median Income | $43,669 | $61,043 | $69,021 |
| Home Value To Income | 2.1x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Mexico, MO Costs By Category
Detailed Mexico Services Costs Vs. Missouri
Detailed Mexico Groceries Costs Vs. Missouri
Detailed Mexico Health Costs Vs. Missouri
Detailed Mexico Transportation Costs Vs. Missouri
Detailed Mexico Utilities Costs Vs. Missouri
Mexico SnackAbility
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Cost Of Living In Cities Around Mexico
The cost of living varies in the cities and towns around Mexico. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MO has a cost of living index of 95, 1.1x Mexico.
Monroe, NC has a cost of living index of 97, 1.1x Mexico.
Middletown, NY has a cost of living index of 107, 1.2x Mexico.
| City | Population | Cost Of Living | Vs. Mexico |
|---|---|---|---|
| Columbia, MO | 124,342 | 95 | 1.1x |
| Monroe, NC | 34,464 | 97 | 1.1x |
| Middletown, NY | 30,086 | 107 | 1.2x |
| Hannibal, MO | 17,165 | 86 | 1.0x |
| Jamestown, ND | 15,823 | 91 | 1.0x |
| Moberly, MO | 13,933 | 82 | 0.9x |
| Fulton, MO | 12,691 | 86 | 1.0x |
| Warrenton, MO | 8,450 | 89 | 1.0x |
| Boonville, MO | 8,036 | 88 | 1.0x |
