Mexico City - Cost of Living

ROSETTA STONE DEAL: $179 Lifetime Subscription: https://tryrosettastone.com/livingove...

Mexico City – Cost of Living in two of the best Neighborhoods:
Roma Norte & La Condesa

Key Moments in this Video
00:00 Video Overview.
01:45 My Mexico City helper / Navigating the City.
03:39 Living in Mexico City, Roma Norte & La Condesa.
05:30 Cost of Living in Mexico City.
05:58 Neighborhood Tour
07:40 Is Mexico City Safe?
07:56 Mexico City Weather.
08:20 Co-working, internet, and wifi speed
09:03 Apartment Rental Costs in Mexico City, Rental Tour
10:33 Restaurant Costs in Mexico City.
11:26 Transportation Costs in Mexico City.
13:14 Entertainment in Mexico City
14:28 Visa and Residency Options.

In this video, travel expert, Jim Kellett gives you a tour of two of the best neighborhoods in Mexico City. These are the neighborhoods most expats, retirees, and digital nomads choose to live and stay and they are two of the safest neighborhoods in Mexico City. Jim will give you a tour of the best places to stay in Mexico City for most expats and digital nomads, Roma Norte and La Condesa. The prices in this video reflect these two areas.

HOW MUCH DOES IT COST TO LIVE IN MEXICO CITY?
For a budget traveler or expat living outside of the most popular neighborhoods and cooking most of their own meals, it’s possible to live for under $1,000 USD per month.

For expats with a year-long lease, living in a higher-end neighborhood, I recommend at least $1,500 USD per month to stay in these parts of the city.

For a nomad living in a nice neighborhood, renting month-to-month eating out all meals, and enjoying amenities like occasional maid service and a gym membership, I would recommend $2,000 USD per month.

COST OF LIVING IN MEXICO CITY
It’s easily possible to live in the city for under $1,000 USD per month, in this video I’ll be focusing on areas that most foreigners choose to live and spend time, and the prices will reflect these areas.

Roma Norte and La Condesa, are higher-end neighborhoods in Mexico City. If you earn an income in dollars or euros, these neighborhoods are much more affordable. Living here, you’ll find many English speakers and expats.

IS MEXICO CITY SAFE?
Safety should be a concern in Mexico City. Some parts are safe, and some are very unsafe. If you educate yourself and follow a few precautions, you should be fine. I haven’t had any issues of any kind during my time living in Mexico.

MEXICO CITY WEATHER.
BEST TIME TO VISIT MEXICO CITY.
Mexico City’s mild climate, which people describe as “eternal springtime.” The temperature is rarely below 37 degrees Fahrenheit (3 degrees Celsius) at night or above 86 degrees Fahrenheit (30 degrees Celsius) during the day.

RENTAL PRICES IN MEXICO CITY?
Again, these prices are based on the high-end neighborhoods. A one-bedroom apartment in these neighborhoods start at about $700 a month (14,000 pesos), while living one neighborhood away may save you $200 per month.

A three-bedroom apartment in La Condesa or Roma Norte costs about $1,400 USD per month. (28,000 pesos). Basic utilities for a 915 square foot apartment, including electricity, heating, cooling, water, and garbage pickup, will cost about $45 a month (900 pesos), with an additional $30 a month (600 pesos) for Internet.

DINING & RESTAURANT COSTS IN MEXICO CITY.
Prices at restaurants can vary, from a meal at a taco stand for as little as 80 pesos, about $4 USD.
An inexpensive restaurant just 160 pesos, or about $8.
A three-course meal at a nice, trendy restaurant for about 400 pesos, about $20.

TRANSPORTATION IN MEXICO CITY
It’s easy and convenient to get by in Mexico City without a car. You’ll be able to get anywhere you want within the city by bus, metro, or Uber. And for shorter trips during the day, getting around by bike is another option.

The metro is only 25 cents (5 pesos) per ride.
Uber is cheaper than the US, with a 30-minute ride costing about $5 (100 pesos).
A traditional taxi will cost about $1 (20 pesos) for the starting price, and 50 cents (10 pesos) for each additional mile.

ENTERTAINMENT IN MEXICO CITY
Mexico City is a cultural mecca You can visit the Pre-Hispanic City of Teotihuacan where you will find the Pyramids of the Sun. Mexico City’s Cineteca Nacional is one of the city’s most popular attractions.

VISA & RESIDENCY
A 180-day, six-month tourist visa is available for free for citizens visiting from the USA and Canada as well as many other countries. If you want to stay for longer than six months, you’ll need to apply for a Temporary Resident Card. Depending on where you apply, you will need to earn about $2400-2700 USD per month or have a savings or investment account balance of $45,000 USD over the last 12 months.

Helpful Links:
Rosetta Stone: https://tryrosettastone.com/livingove...
Claudia White: Expat & Retiree Services in Mexico - [email protected]
For more information: www.LivingOverseas.tv