12 Cheapest Places to Live in Mexico

Updated On April 18, 2024

Are you thinking about moving to Mexico but not sure exactly where to go?

Mexico is a country full of rich history, magnificent landscapes, and a diverse culture.

Oh, and if you love good food, you will enjoy everything that Mexico has to offer.

But perhaps you were not aware that Mexico offers plenty of areas where you can take advantage of affordable living.

Read on to learn what those towns are to help you in your search.

12 of the Cheapest Places to Live in Mexico

Merida
Merida

1. Merida

First on the list for being one of the cheapest places to live in Mexico is Merida, Yucatan.

Merida is a stunning town that combines Mayan culture and much more.

Merida is also referred to as the “white city.”

This is mainly due to its rich culture and vibrant limestone buildings.

Merida’s average rent costs anywhere between $350 per month and $600 per month for a one-bedroom apartment.

The average cost of a home in Merida can range between $75,000 and $150,000.

And for those wondering what Merida has to offer in terms of entertainment, you can visit the Gran Museo del Mundo Maya or the Casa Montejo Museum.

Queretaro
Queretaro

2. Queretaro

Queretaro is located right in the heart of Mexico and is also considered one of the most affordable places to live in the country.

It’s full of amazing colonial buildings and much more.

The average cost of rent for a one-bedroom apartment can range anywhere from $450 to $800 per month.

Overall, the average cost of living in Queretaro can range from $900 to $1,300 per month.

But what about those who are looking to buy a home?

The average cost of a home in the city can range from $100,000 to $150,000.

Queretaro offers plenty of things to do.

For example, you can check out the Aqueduct if you’re interested in learning about engineering in the 18th century.

The Jardin Zenea and the Sierra Gorda Biosphere are also worth exploring.

Guanajuato
Guanajuato

3. Guanajuato

Located in one of Mexico’s colonial towns, Guanajuato.

Guanajuato is also known as one of the cheapest places to live in Mexico.

It gives off an energetic and young vibe.

Are you considering renting?

If so, rent prices in the town can range between $300 to $500 per month for a one-bedroom apartment.

Typically, the average cost of a house can range anywhere from $90,000 to $150,000.

And, if you’re up to moving a little bit further into the outskirts, you may even find much cheaper homes.

If you’re wondering what type of entertainment options are available in the city, you can explore Alhondiga de Granaditas, or head on over to the Juraez Theater.

San Cristobal de Las Casas
San Cristobal de Las Casas

4. San Cristobal de Las Casas

Next on the list for being one of the cheapest places to live in the country is San Cristobal de Las Casas.

Living here means you get to submerge yourself in a diverse and rich culture.

But what makes San Cristóbal so affordable?

Renting a one-bedroom here can range anywhere between $250 and $500 per month.

Homeowners typically pay anywhere between $80,000 and $120,000 for a home in the city.

We can’t forget about things to do in San Cristobal.

You’ll find plenty of treasures here, including the Mercado Municipal de Dulces y Artesanias and Sumidero Canyon.

Durango
Durango

5. Durango

Not only is Durango a hidden gem in Mexico but it’s also known to offer affordable living for those considering moving here.

It’s known for having stunning landscapes and has been the backdrop for several Hollywood movies.

Perhaps you can make Durango your next home.

The average cost of a one-bedroom in Durango ranges between $300 and $550 a month.

And homeowners can buy a home for anywhere between $70,000 and $100,000 a month.

Most of all, there is no shortage of things to do in Durango.

Check out the downtown area or visit the Pancho Villa Museum.

You could even explore the beautiful La Quebrada del Rio Santiago if you love nature.

Mazatlan
Mazatlan

6. Mazatlan

Mazatlan is also on the list for being one of the most affordable places to live in Mexico.

It is referred to as the pearl of the Pacific due to it being a beach town.

Besides affordability, you’ll be able to take advantage of the warm weather, plenty of amenities, and a friendly community.

The average cost of rent can range anywhere from $800 to $1,400 for a one-bedroom apartment in Mazatlan.

But if renting isn’t your thing, you can purchase for an average of $100,000.

Moreover, Mazatlan offers plenty of things to do.

You’ll never get bored knowing that you can explore Machado Square or Playa Olas Atlas.

Morelia
Morelia

7. Morelia

Morelia is known as the capital of Michoacan and is also home to some amazing architecture, history, and a rich culture.

But besides the obvious, Morelia is known for offering affordable living to those living here.

The average cost of rent for a one-bedroom can range between $250 and $450.

Homes can range between $60,000 and $90,000.

And if you’re looking for things to do in Morelia, be sure to explore the downtown area, where you’ll find beautiful shops and restaurants.

The Guadalupe Sanctuary is also worth a visit. And if you love nature, visit the Benito Juarez Zoo.

Puebla
Puebla

8. Puebla

Puebla is another town in Mexico that is both lively and vibrant.

It is also known to be one of the most affordable towns in the country.

For those considering renting in Puebla, the average monthly rent paid can vary from $250 to $400 per month.

In addition, homeowners pay anywhere between $70,000 and $100,000 for a home in Puebla.

Puebla also offers plenty of things to do, including the Biblioteca Palafoxiana, which is known as being the first public library.

If you enjoy nature, you’ll love visiting the Iztaccihuatl and Popocatepetl volcanoes.

Aguascalientes
Aguascalientes

9. Aguascalientes

Aguascalientes is known for offering exceptional hospitality and has a bustling art scene.

Besides that, it offers affordable living for those searching.

You can count on a quality lifestyle at a great price.

For renters, the average cost of a one-bedroom ranges between $300 and $450 per month.

Homes typically range between $80,000 and $120,000 per month.

Concerning entertainment, Aguascalientes offers plenty of things to do.

Consider a visit to the National Museum of Death or the Jose Guadalupe Posada Museum.

And if you love thermal baths, check out the Ojo Caliente Hot Springs.

Veracruz
Veracruz

10. Veracruz

Veracruz is a popular attraction for tourists in Mexico, with a bustling nightlife scene and a rich history.

It’s also one of the top places to consider moving to if you’re looking for affordability.

Rent can range anywhere from $200 to $440 a month.

And if you’re considering looking outside the city, you can find rent as low as $100 per month.

Homes can range anywhere between $60,000 to $90,000 per month.

There are several things to do in Veracruz.

Consider visiting the town’s zocalo, which is full of vendors, musicians, dancers, and good food.

For nature lovers, consider checking out Cofre de Perote National Park or Los Tuxtlas Biosphere Reserve.

Tuxtla Gutierrez
Tuxtla Gutierrez

11. Tuxtla Gutierrez

Next on the list for affordable living in Mexico is Tuxtla Gutierrez.

Tuxtla Gutierrez is the capital city of Chiapas.

It is known for having a beautiful tropical climate and overall natural beauty.

Renters typically pay anywhere between $150 and $300 per month for a one-bedroom apartment.

Expect to spend up to $1,200 per month on living expenses while living in Tuxtla Gutierrez.

Are you thinking about buying a home?

The average sale price of a home can range from $60,000 to $90,000 in the city.

You’ll never get bored while living in Tuxtla Gutierrez, as you’ll find plenty of entertainment options.

For instance, you can visit Marimba Park or even check out the Museum of Chiapas History.

Zacatecas
Zacatecas

12. Zacatecas

Zacatecas is a colonial city in Mexico and a true gem.

It’s known for offering affordable housing, whether you’re thinking about renting or buying.

Rent prices are considered reasonable, with the average ranging anywhere from $300 to $400 per month for a one-bedroom apartment.

The average sale price of a home in Zacatecas can range from $70,000 to $120,000.

But what about things to do in Zacatecas?

You can rest assured that you’ll never get bored living in Zacatecas, as there is so much to do.

For instance, if you’re an avid nature lover, visit the Cerro de la Bufa for some breathtaking views of the city.

You can also check out various festivals, including the National Folkloric Dance Festival and the Zacatecas Cultural Festival.

Mexico Safety Overview

READ THE FULL REPORT: Mexico Safety Review

Safety Index:
65
  • OVERALL RISK: MEDIUM
  • TRANSPORT & TAXIS RISK: LOW
  • PICKPOCKETS RISK: HIGH
  • NATURAL DISASTERS RISK: LOW
  • MUGGING RISK: MEDIUM
  • TERRORISM RISK: LOW
  • SCAMS RISK: HIGH
  • WOMEN TRAVELERS RISK: LOW

Frequently Asked Questions

What are some of the most family-friendly towns in Mexico to live in that are also affordable?

If you are moving your family to Mexico and looking for some affordable towns, check out San Miguel de Allende, Queretaro, and Merida.

These towns are highly recommended for those who have children, as they offer excellent schools, safety, and family-friendly amenities.

What is the overall cost of living in Mexico compared to the United States?

Overall, you can feel good knowing that the cost of living in Mexico is nearly 50% to 60% cheaper than the cost of living in the United States.

But, this also means you must factor in your spending habits and other expenses.

What are some of the cheapest places to live in Mexico near the beach?

If you’re looking for affordable living in Mexico but want to specifically live by the beach, consider the following places:

  • Puerto Escondido
  • Mazatlan
  • Zipolite
  • San Blas
  • Lo de Marcos

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