Planning a monthly budget
Start with the monthly total, then look at the expenses that shape it.
How the total can change
A traveler style stay, a couple household, and long term rent answer different planning questions.
- Typical 1BR Rent
- $105
Everyday expenses
Dining, transportation, taxes, and car needs can change how the monthly budget feels.
- Utilities
- $26
- Groceries
- $118/mo
- Prepared Meal Price
- MXN 63.40 per prepared meal
- Transportation
- $21/mo
- Property Taxes
- 2026 urban property: 0.30%/yr of registered cadastral value
- National Consumer Price Inflation
- 3.8% (2025)
- State Household Current Monetary Spending (2024)
- $45,651 MXN / quarter
- Food, Beverages and Tobacco (2024)
- $18,042 MXN / quarter
- Housing, Conservation, Electricity and Fuels (2024)
- $3,204 MXN / quarter
- Health Care (2024)
- $2,033 MXN / quarter
- Transport and Communications (2024)
- $8,479 MXN / quarter
- Household Cleaning and Furnishings (2024)
- $2,944 MXN / quarter
- Education and Recreation (2024)
- $4,172 MXN / quarter
- Personal Care, Accessories and Miscellaneous Spending (2024)
- $3,399 MXN / quarter
Sources
The budget value gives a starting point for everyday spending. Housing, healthcare, safety, and climate can change what feels comfortable for a household.
Housing mix, exchange rates, healthcare needs, car ownership, and travel style can move a real monthly budget materially.
- INEGI; European Central Bank
Used for Typical 1BR Rent
- INEGI; European Central Bank
Used for Utilities, Groceries, Transportation
- Walmart Mexico
Used for Prepared Meal Price
Checked 2026-07-22
- Periódico Oficial del Gobierno Constitucional del Estado de Michoacán de Ocampo / H. Congreso del Estado
Used for Property Taxes
Checked 2026-07-19
- World Bank, World Development Indicators
Used for National Consumer-Price Inflation
Checked 2026-07-18
- Instituto Nacional de Estadística y Geografía (INEGI)
Used for State Household Current Monetary Spending (2024), Food, Beverages and Tobacco (2024), Housing, Conservation, Electricity and Fuels (2024), Health Care (2024), Transport and Communications (2024), Household Cleaning and Furnishings (2024), Education and Recreation (2024), Personal Care, Accessories and Miscellaneous Spending (2024)
Not yet available for this place: Comfortable Living, Cost of Living for Couple, Minimum Needed, Need for a Car, Overall Feel.
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