Cost Of Living in Ciudad Santa Catarina 2024
Average monthly spending for singles, couples, students, and families in Ciudad Santa Catarina
Whether you're living in Ciudad Santa Catarina or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.
Average Monthly Expenditure
Currency: MXN
Monthly Expenditure ▶ Single
Currency: MXN
Monthly Expenditure ▶ Couple
Currency: MXN
Monthly Expenditure ▶ Family
Currency: MXN
Monthly Expenditure ▶ Student
Currency: MXN
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.
Singles
The average monthly expense for a single person living in Ciudad Santa Catarina is 37,000 MXN. Expenses can range from 5,300 MXN at the minimum level to 250,000 MXN at the highest end.
Couples
The average monthly spending of couples in Ciudad Santa Catarina is 62,000 MXN. Expenditure can range from 21,000 MXN to 330,000 MXN per month.
Families
The average cost of living for families in Ciudad Santa Catarina is 83,000 MXN per month. Families spend anywhere from 29,000 MXN to 540,000 MXN.
Students
The average monthly expenditure for students in Ciudad Santa Catarina is 27,000 MXN. Students spend from 4,200 MXN to 180,000 MXN per month.
Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.
Prices and cost of goods and services in Ciudad Santa Catarina
Dining, food, and beverages costs
Fast food combo meal
Restaurant meal for one
Fine dining meal for one
| 380 MXN | 560 MXN | 2,300 MXN |
Cappuccino or latte
Grocery and market costs
Milk large bottle
12 eggs
Fresh whole chicken
Pack of beef
Medium bag of rice
Bag of tomatos
Bag of apples
Commute, travel, and transportation costs
20 minutes taxi ride
Average car full tank
Average car 1-day rental
Average car price
| 140,000 MXN | 280,000 MXN | 370,000 MXN |
Bus ticket one way
Car Service
| 380 MXN | 570 MXN | 1,100 MXN |
Utility cost (monthly)
Utility Bill - Individual
| 320 MXN | 2,200 MXN | 15,000 MXN |
Utility Bill - Couple
| 830 MXN | 2,800 MXN | 18,000 MXN |
Utility Bill - Family
| 1,500 MXN | 4,200 MXN | 27,000 MXN |
Internet and cable
Mobile phone charges
| 220 MXN | 370 MXN | 1,100 MXN |
Leisure and activities costs
Movie ticket
One month gym membership
| 460 MXN | 570 MXN | 1,100 MXN |
Cloths and accessories costs
Pair of jeans or pants
Woman dress
| 320 MXN | 440 MXN | 1,400 MXN |
Woman shoes
Men's shoes
Men suit
| 290 MXN | 360 MXN | 1,900 MXN |
Regular t-shirt
Housing costs / monthly rent
Studio apartment
| 4,800 MXN | 7,100 MXN | 19,000 MXN |
1-bedroom apartment
| 7,100 MXN | 11,000 MXN | 29,000 MXN |
2-bedroom apartment
| 9,500 MXN | 14,000 MXN | 38,000 MXN |
Housing costs / Buying
Studio apartment
| 950,000 MXN | 1.4M MXN | 2.9M MXN |
1-bedroom apartment
| 1.1M MXN | 1.9M MXN | 7.1M MXN |
| $67,000 | $110,000 | $420,000 |
2-bedroom apartment
| 1.9M MXN | 5.7M MXN | 11M MXN |
| $110,000 | $340,000 | $670,000 |
Furniture Costs
King Size Bed
| 5,500 MXN | 6,900 MXN | 9,200 MXN |
Double Bed
| 3,700 MXN | 5,500 MXN | 6,900 MXN |
Single Bed
| 3,300 MXN | 4,300 MXN | 5,500 MXN |
Living Room
| 6,200 MXN | 7,900 MXN | 28,000 MXN |
Dining Table
| 2,800 MXN | 3,700 MXN | 6,900 MXN |
Sofa or Couch
| 3,700 MXN | 5,000 MXN | 11,000 MXN |
Electronics and House Appliance Costs
TV Set
| 3,700 MXN | 5,500 MXN | 11,000 MXN |
Fridge or Freezer
| 3,300 MXN | 5,000 MXN | 6,900 MXN |
Washing Machine
| 4,300 MXN | 6,200 MXN | 11,000 MXN |
Stove or Cooker
| 4,000 MXN | 5,000 MXN | 6,900 MXN |
Mobile Phone
| 4,600 MXN | 5,500 MXN | 7,900 MXN |
Laptop or Computer
| 5,000 MXN | 6,200 MXN | 11,000 MXN |
Expenditure to Income Ratio in Ciudad Santa Catarina
One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.
Spending to Income Ratio
84%
75% to 93%
( expenditure / income ) x 100
Expense to income distribution levels
| Spending To Income Ratio | % People |
|---|
| < 50% | 5% |
| 50% - 60% | 10% |
| 60% - 70% | 17% |
| 70% - 80% | 26% |
| 80% - 90% | 18% |
| 90% - 100% | 10% |
| 100% - 110% | 5% |
| 110% - 120% | 3% |
| 120% - 130% | 2% |
| 130% - 140% | 2% |
| > 140% | 1% |
Interpretation and Analysis
The average spending-to-salary ratio in Ciudad Santa Catarina is 84%
This means that on average, people spend around 84% of their income for living.
According to the distribution table, 17% of the population spend approximately 60% to 70% of their income every month.
How can spending be more than income?
A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.
Individual
76%
Spending-Income-Ratio
68%
84%
Couple
80%
Spending-Income-Ratio
71%
89%
Family
89%
Spending-Income-Ratio
79%
98%
How do people spend their money in Ciudad Santa Catarina?
We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.
The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.
Housing Expenditure25%
25% of total expenses on average (14% to 33%)
| LOW | $74 1,200 MXN |
| AVERAGE | $960 16,000 MXN |
| HIGH | $9,600 160,000 MXN |
| Per Month |
People living in Ciudad Santa Catarina typically spend from 14% to 33% of their total monthly expenditure on housing with 25% being the average. The average spend on housing is 16,000 MXN with expenditure ranging from 1,200 MXN to 160,000 MXN. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.
Utilities, Electricity, Water, Internet, Mobile7%
7% of total expenses on average (4% to 11%)
| LOW | $12 210 MXN |
| AVERAGE | $160 2,700 MXN |
| HIGH | $1,600 27,000 MXN |
| Per Month |
Utility expenditure like electricity, water, and gas in Ciudad Santa Catarina ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 2,700 MXN with 210 MXN and 27,000 MXN being the upper and lower limits.
Transport, Fuel, Commute8%
8% of total expenses on average (4% to 12%)
| LOW | $25 420 MXN |
| AVERAGE | $320 5,400 MXN |
| HIGH | $3,200 54,000 MXN |
| Per Month |
Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 420 MXN to 54,000 MXN on commuting with 5,400 MXN being the norm for most people in one month. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 4% or as high as 12%.
Food and Groceries Cost27%
27% of total expenses on average (19% to 33%)
| LOW | $61 1,000 MXN |
| AVERAGE | $800 14,000 MXN |
| HIGH | $8,000 140,000 MXN |
| Per Month |
The average outlay on groceries in a month in Ciudad Santa Catarina is 14,000 MXN. The cost of groceries can range between 1,000 MXN to 140,000 MXN. People spend on average about 27% on food and groceries with upper and lower bounds of 19% and 33% respectively.
Healthcare and Medical Services9%
9% of total expenses on average (4% to 12%)
| LOW | $17 290 MXN |
| AVERAGE | $220 3,800 MXN |
| HIGH | $2,200 38,000 MXN |
| Per Month |
People in Ciudad Santa Catarina allocate 4% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 9%. The range of medical expenses range from 290 MXN to 38,000 MXN with 3,800 MXN being the norm.
Leisure and Shopping5%
5% of total expenses on average (3% to 9%)
| LOW | $9.8 170 MXN |
| AVERAGE | $130 2,200 MXN |
| HIGH | $1,300 22,000 MXN |
| Per Month |
This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 170 MXN to 22,000 MXN with 2,200 MXN being the average. Speaking of percentages, that equates to 3% to 9% of total expenses with an average of 5% for most residents.
Education and Schooling6%
6% of total expenses on average (4% to 12%)
| LOW | $15 250 MXN |
| AVERAGE | $190 3,200 MXN |
| HIGH | $1,900 32,000 MXN |
| Per Month |
Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 3,200 MXN per month with 250 MXN being the minimum spent amount and 32,000 MXN being the maximum.
Other Expenses13%
13% of total expenses on average (8% to 20%)
| LOW | $32 540 MXN |
| AVERAGE | $410 7,000 MXN |
| HIGH | $4,100 70,000 MXN |
| Per Month |
How much money can you save in Ciudad Santa Catarina every month?
We asked thousands of people what percentage of their income can they save in a month. Below are the answers.
What percentage of people in Ciudad Santa Catarina manage to save money from their income every month?
Almost 67% of the surveyed people in Ciudad Santa Catarina said that they can save some money at the end of each month while 33% said that aren't saving anything.
Percentage of people saving money by population group in Ciudad Santa Catarina
| Group | Savers | Non Savers |
|---|
| Singles | 69% | 31% |
| Couples | 64% | 36% |
| Families | 59% | 41% |
Savings-to-Income Ratio
The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.
Saving to Income Ratio
Average Monthly Saved Amount
1,600 MXN
$92 | 20,000 MXN
$1,200 | 200,000 MXN
$12,000 |
For most people, 13% to 34% of their monthly income is what they can allocate to their savings, with 22% being the average. The amount of money that people can save is approximately 20,000 MXN on average with savings ranging from 1,600 MXN to 200,000 MXN.
69% of surveyed singles reported some of their income going to savings while 64% of couples said the same. 59% of families confirmed their ability to save money.
How much money do people actually save in Ciudad Santa Catarina?
The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.
Singles
Saving to Income Ratio
Average Monthly Saved Amount
1,600 MXN
$92 | 14,000 MXN
$820 | 93,000 MXN
$5,500 |
Savings to income distribution levels for singles
| Saving To Income Ratio | % Singles |
|---|
| 0% - 10% | 30% |
| 10% - 20% | 24% |
| 20% - 30% | 16% |
| 30% - 40% | 15% |
| 40% - 50% | 11% |
| > 50% | 4% |
Interpretation and Analysis
Singles who can afford to save reported that they allocate from 16% to 36% of their monthly income to savings, with 26% being the average for most singles. The average amount of money that singles are able to save is 14,000 MXN with 1,600 MXN and 93,000 MXN being the minimum and maximum respectively.
Couples
Saving to Income Ratio
Average Monthly Saved Amount
7,800 MXN
$460 | 23,000 MXN
$1,400 | 120,000 MXN
$7,300 |
Savings to income distribution levels for couples
| Saving To Income Ratio | % Couples |
|---|
| 0% - 10% | 34% |
| 10% - 20% | 26% |
| 20% - 30% | 19% |
| 30% - 40% | 10% |
| 40% - 50% | 8% |
| > 50% | 3% |
Interpretation and Analysis
Couples who confirmed their ability to save reported saving equivalent to 14% to 35% of their monthly income, with 24% being the average for most couples. The average amount of money that couples can save is 23,000 MXN with 7,800 MXN and 120,000 MXN being the minimum and maximum respectively.
Families
Saving to Income Ratio
Average Monthly Saved Amount
11,000 MXN
$640 | 31,000 MXN
$1,800 | 200,000 MXN
$12,000 |
Savings to income distribution levels for families
| Saving To Income Ratio | % Families |
|---|
| 0% - 10% | 37% |
| 10% - 20% | 29% |
| 20% - 30% | 20% |
| 30% - 40% | 7% |
| 40% - 50% | 5% |
| > 50% | 2% |
Interpretation and Analysis
Families in Ciudad Santa Catarina can save anywhere between 12% to 31% of their monthly income, with 20% being the average for most families. The average amount of money that families can put aside is 31,000 MXN with 11,000 MXN and 200,000 MXN being the minimum and maximum respectively.
Saving Challenges in Ciudad Santa Catarina
Reasons that make it difficult for people to save money
We wanted to understand what is stopping people from maximizing their savings in Ciudad Santa Catarina. Listed below are the answers given by the survey participants.
| Reason | % People |
|---|
| Low Income | 6% |
| High Expenses | 9% |
| Debt and Loans | 16% |
| Lack of Budgeting Skills | 11% |
| Impulsive Spending | 10% |
| Financial Emergencies | 6% |
| Living the moment | 6% |
| Will do it later | 19% |
| Inflation | 12% |
| Social Pressure | 3% |
| Market Instability | 3% |
Around 6% of the people said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 16% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 10% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 19% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 12% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.
Typical saving choices for people in Ciudad Santa Catarina
Where do people choose to put their savings?
| Saving Type | % People |
|---|
| Emergency Funds | 11% |
| Gold | 11% |
| Savings Accounts | 17% |
| Retirement Accounts | 11% |
| Cash Savings | 18% |
| Real Estate | 10% |
| Investment | 6% |
| Stocks | 5% |
| Bonds | 6% |
| Mutual Funds | 3% |
| Certificates of Deposit | 3% |
A typical and healthy budgeting structure
The 50/30/20 rule
Spending among different people can vary significantly based on factors such as their income, lifestyle,
location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule,
which suggests allocating your income into three main categories in the following percentages.
50% for needs and financial obligations
This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.
30% for wants and discretionary spending
This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.
20% for savings and emergency fund
This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.
About financial planning, money management, and household budgeting
The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.
Affordable living in Ciudad Santa Catarina
Income and cost of living compatibility
We asked residents one simple question and recorded their answers.
Is it affordable or economical to live in Ciudad Santa Catarina?
Around 71% of surveyed residents think that living in Ciudad Santa Catarina is affordable with proper budgeting while 29% reported that it is just too expensive and not affordable even with frugality and thriftness.
Low-cost alternatives in Ciudad Santa Catarina
People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:
Plenty of low-cost options61%
Few low-cost options39%
Based on the survey, 61% of the people living in Ciudad Santa Catarina have no problem finding low-cost alternatives to support a frugal lifestyle while 39% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.
Emergency Funds
An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents of Ciudad Santa Catarina whether they have an emergency fund and the answers were as follows.
Yes70%
No30%
Based on the survey, 30% of the people living in Ciudad Santa Catarina said that they don't have an emergency fund while 70% said that they do.
Financial Literacy in Mexico
Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.
Financial Leteracy65%
We asked residents of Mexico whether they acquired any adequate personal financial training in their lives. Approximately 35% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 65% said that they know about the general principles of personal finance from sources other than their own experience.
Difficulty in Budgeting and Financial Planning
We wanted to understand whether residents of Mexico have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 28% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 72% said that they have everything under control.
Struggles with finance28%
Easily manages finances72%
Financial goals of people in Ciudad Santa Catarina
In an attempt to understand the economic situation in Ciudad Santa Catarina, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.
| Financial Goal | % People |
|---|
| Emergency Fund | 7% |
| Debt Reduction | 38% |
| Retirement Savings | 9% |
| Education Funding | 8% |
| Homeownership | 17% |
| Investing | 8% |
| Travel or Lifestyle | 9% |
| Healthcare Expenses | 11% |
| Financial Independence | 7% |
Around 7% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 38% said their number one priority is to pay off high-interest debt or loans and improve credit. 9% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 9% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 11% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.
Retirement, pension plans, and life after work in Ciudad Santa Catarina
What does the retirement lifestyle look like in Ciudad Santa Catarina and how much retirement savings are required?
Retirement age
The retirement age for most employees in Mexico is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.
Retirement planning and savings
There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.
The typical saved amount of money you should have at every age as multiples of monthly salary:| Age | Amount |
|---|
| 25 | 5x monthly salary at age 25 |
| 30 | 10x monthly salary at age 30 |
| 35 | 15x monthly salary at age 35 |
| 40 | 25x monthly salary at age 40 |
| 45 | 32x monthly salary at age 45 |
| 50 | 48x monthly salary at age 50 |
| 55 | 56x monthly salary at age 55 |
| 60 | 64x monthly salary at age 60 |
| 65 | 78x monthly salary at age 65 |
The typical average saved amount of money you should have at every age in Ciudad Santa Catarina:| Age | Amount |
|---|
| 25 | 150,000 MXN |
| 30 | 300,000 MXN |
| 35 | 520,000 MXN |
| 40 | 740,000 MXN |
| 45 | 1.1M MXN |
| 50 | 1.6M MXN |
| 55 | 1.9M MXN |
| 60 | 2.3M MXN |
| 65 | 2.7M MXN |
Retirement Income Distribution
We asked residents of Ciudad Santa Catarina about their retirement income sources and below are the results.
| Source | % People |
|---|
| Pensions | 13% |
| Savings | 22% |
| Investments | 13% |
| Social Security | 8% |
| Annuities | 8% |
| Part-time Job | 12% |
| Real Estate | 17% |
| Dividends and Interest | 8% |
Retirement Monthly Expenses in Ciudad Santa Catarina 3,000 MXN
$180 | 27,000 MXN
$1,600 | 180,000 MXN
$11,000 |
Debt, loans, and mortgages in Ciudad Santa Catarina
Percentage of people who are in debt
According to the survey, 25% of the people in Ciudad Santa Catarina have some kind of debt, loan, mortgage, or credit card payments while 75% reported that they don't have financial obligations to banks.
Debt-to-income ratio in Ciudad Santa Catarina
Debt to income ratio
28%
18% to 38%
( monthly debt payment / monthly income ) x 100
Interpretation
The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 28% of the people's monthly income in Ciudad Santa Catarina goes to debt settlement.
Debt levelsMonthly debt settlement payment as percentage of monthly income
| Debt-to-income ratio | % People |
|---|
| > 60% | 3% |
| 50% - 60% | 15% |
| 40% - 50% | 13% |
| 30% - 40% | 15% |
| 20% - 30% | 13% |
| 10% - 20% | 15% |
| 0% - 10% | 27% |
According to our data, 3% of the debtors in Ciudad Santa Catarina pay 60%+ of their income as debt settlement while 15% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 13% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 15% dedicated 30% to 40% of income for same. Things are looking brighter for 13% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.
Distribution by type of debt in Ciudad Santa Catarina
| Debt | % People |
|---|
| Real Estate Mortgage | 11% |
| Auto Loan | 19% |
| Student Loan | 3% |
| Credit Card | 27% |
| Personal Loan | 40% |
11% of debtors in Ciudad Santa Catarina confirm that real estate mortgages constitutes the main part of their outstanding debt while 27% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 19% of people and personal loans rose at 40%. Lastly, student loans are the main source of debt for 3% of debtors in Ciudad Santa Catarina.
About credit score and debt managementManaging debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.
Good debt vs. Bad debt
Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.
Loan Affordability Index in Ciudad Santa Catarina
Besides measuring the loan-to-income ratio, we asked residents of Ciudad Santa Catarina how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.
Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.
| Frequency | % People |
|---|
| Never | 53% |
| Once a year | 23% |
| Twice a year | 12% |
| Three times a year | 8% |
| Four times a year | 4% |
Housing costs, accommodation, and housing affordability in Ciudad Santa Catarina
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Ciudad Santa Catarina
Monthly Rent Prices
Studio apartment monthly rent cost
| 4,800 MXN | 7,100 MXN | 19,000 MXN |
1-bedroom apartment monthly rent cost
| 7,100 MXN | 11,000 MXN | 29,000 MXN |
2-bedroom apartment monthly rent cost
| 9,500 MXN | 14,000 MXN | 38,000 MXN |
3-bedroom apartment monthly rent cost
| 11,000 MXN | 19,000 MXN | 52,000 MXN |
Furnished apartment monthly rent cost
| 23,000 MXN | 57,000 MXN | 110,000 MXN |
Townhouse monthly rent cost
| 19,000 MXN | 29,000 MXN | 82,000 MXN |
House monthly rent cost
| 23,000 MXN | 57,000 MXN | 110,000 MXN |
Villa monthly rent cost
| 29,000 MXN | 71,000 MXN | 110,000 MXN |
The monthly rental cost of a studio apartment in Ciudad Santa Catarina ranges between 4,800 MXN and 19,000 MXN, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 7,100 MXN to 29,000 MXN. Two-bedroom rentals rate ranges between 9,500 MXN and 38,000 MXN per month. The monthly rental for a three-bedroom apartment ranges from 11,000 MXN to 52,000 MXN. The average rent of a townhouse in Ciudad Santa Catarina is around 29,000 MXN while house rental costs can be as high as 57,000 MXN per month. Finally, if you want to rent a villa, expect to pay anywhere from 29,000 MXN to 110,000 MXN per month.
Apartment and house prices in Ciudad Santa Catarina
Cost of buying a property
Studio apartment price
| 950,000 MXN | 1.4M MXN | 2.9M MXN |
1-bedroom apartment price
| 1.1M MXN | 1.9M MXN | 7.1M MXN |
| $67,000 | $110,000 | $420,000 |
2-bedroom apartment price
| 1.9M MXN | 5.7M MXN | 11M MXN |
| $110,000 | $340,000 | $670,000 |
3-bedroom apartment price
| 6.3M MXN | 9.5M MXN | 29M MXN |
Townhouse price
House price
Villa price
The average price of a studio apartment in Ciudad Santa Catarina can range from 950,000 MXN to 2.9M MXN depending on location. One bedroom cost can be anywhere from 1.1M MXN to 7.1M MXN. A villa can cost you 63M MXN on average with prices ranging from 11M MXN to 95M MXN.
If you're leasing or purchasing, housing costs in Ciudad Santa Catarina will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.
House / apartment prices to income ratio
Property price to income ratio
( average property price / average monthly income ) x 100
| 44 | x128 monthly income | 219 |
Property prices in Ciudad Santa Catarina can be x128 to x219 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x128 multiples of the average monthly salary in Ciudad Santa Catarina.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Ciudad Santa Catarina is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 23% to 44% depending on the salary, location, and type of property.
The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.
Housing affordability index
The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.
Housing Affordability Index
31% Property Taxes
Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.
Home Maintenance Costs
Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.
| 83 MXN | 1,100 MXN | 11,000 MXN |
Urban vs. rural living costs
Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.
Monthly costs and expenses of energy and basic utilities in Ciudad Santa Catarina
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Ciudad Santa Catarina
Utility Bill Cost / Electricity + Water + Gas / Individual
| 320 MXN | 2,200 MXN | 15,000 MXN |
Utility Bill Cost / Electricity + Water + Gas / Couple
| 830 MXN | 2,800 MXN | 18,000 MXN |
Utility Bill Cost / Electricity + Water + Gas / Family
| 1,500 MXN | 4,200 MXN | 27,000 MXN |
Internet and cable cost
Mobile phone bill and charges
| 220 MXN | 370 MXN | 1,100 MXN |
Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.
The average monthly expenditure for individuals on electricty, water, and gas in Ciudad Santa Catarina ranges between 320 MXN and 15,000 MXN with average being 2,200 MXN, meanwhile the expenditure of couples is slightly higher at 2,800 MXN with 830 MXN and 18,000 MXN being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 4,200 MXN. The cost of internet and WiFi is unchanged among the three groups and ranges from 280 MXN to 740 MXN with 550 MXN being the average internet bill. Finally, the average monthly mobile charges is around 370 MXN but can range between 220 MXN and 1,100 MXN depending on consumption. Mobile charges include both calling minutes as well as data packages.
Energy / Utility expense to income ratio
( monthly utility expenses / monthly income ) x 100
The average utility-to-income ratio in Ciudad Santa Catarina is around 5.1%. This means that people pay 5.1% of their income for energy, water, internet, and mobile charges. Those figures can range from 2% to 9.1% depending on salary and location.
Food Prices, Dining Expenses, and Grocery Costs in Ciudad Santa Catarina
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Ciudad Santa Catarina
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Ciudad Santa Catarina is approximatly 110 MXN with meal cost ranging from 55 MXN to 180 MXN. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 190 MXN and 560 MXN with 280 MXN being the average price of a plate for one person at a regular restaurant in Ciudad Santa Catarina.
Fine dining meal for one price
| 380 MXN | 560 MXN | 2,300 MXN |
The price range of a meal at fine-dining restaurant is 380 MXN to 2,300 MXN with the average cost being 560 MXN for one person. This is what you would expect to pay a top-tier diner in Ciudad Santa Catarina.
Beverage prices, cappuccino, latte etc..
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Ciudad Santa Catarina is around 74 MXN. Price ranges between 46 MXN and 110 MXN depending on the type of beverage, the size, and optional add-ons.
Grocery and market costs
Large bottle of milk price
The average price of a large bottle of milk in Ciudad Santa Catarina is 44 MXN. The maximum what you would pay for milk is 55 MXN and the minimum being 37 MXN depending on the brand of milk and other properties.
12 eggs price
A dozen eggs costs around 37 MXN on average with 28 MXN and 55 MXN being the lower and upper limits respectively.
Fresh whole chicken price
The price range of a fresh whole chicken in Ciudad Santa Catarina is between 63 MXN and 120 MXN depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 81 MXN.
Pack of beef price
The price of a regular pack of beef or meat is around 110 MXN. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
A bag of rice in Ciudad Santa Catarina costs around 41 MXN on average with prices rangeing between 30 MXN and 58 MXN depending on the brand and quality.
Bag of tomatos price
A bag of tomatoes costs anywhere from 11 MXN to 28 MXN. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
A bag of apples costs 26 MXN on average. A bag of apples denotes 1Kg or 1lb depending on location.
Grocery and food expenditure to income ratio
( monthly grocery expenses / monthly income ) x 100
The average grocery-to-income ratio in Ciudad Santa Catarina is around 25%. This means that people spend 25% of their income on grocery and basic household items. The expenditure can range from 17% to 32% depending on salary and location.
Expenditure on food and grocery for every population group
A single person living alone spends approximately 6,000 MXN per month on grocery and food with expenditure fluctuating between 850 MXN and 40,000 MXN depending on location and the type of person. The average cost of food and groceries for a couple is around 8,700 MXN per month. That number can be get as low as 2,900 MXN or a high as 47,000 MXN. Families' spending on grocery ranges from 5,200 MXN to 97,000 MXN with the location, income, and size of the family being the most determinite factors.
SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Ciudad Santa Catarina
Housing cost for a single person31%
31% of total expenses on average (19% to 43%)
| LOW | $110 1,900 MXN |
| AVERAGE | $790 13,000 MXN |
| HIGH | $5,300 90,000 MXN |
| Per Month |
Utilities, Electricity, Water, Internet, Mobile8%
8% of total expenses on average (4% to 13%)
| LOW | $19 320 MXN |
| AVERAGE | $130 2,200 MXN |
| HIGH | $880 15,000 MXN |
| Per Month |
Transport and Fuel Cost6%
6% of total expenses on average (4% to 12%)
| LOW | $25 420 MXN |
| AVERAGE | $180 3,000 MXN |
| HIGH | $1,200 20,000 MXN |
| Per Month |
Food and Groceries Cost18%
18% of total expenses on average (12% to 23%)
| LOW | $50 850 MXN |
| AVERAGE | $350 6,000 MXN |
| HIGH | $2,400 40,000 MXN |
| Per Month |
Healthcare Cost11%
11% of total expenses on average (5% to 15%)
| LOW | $28 480 MXN |
| AVERAGE | $200 3,400 MXN |
| HIGH | $1,300 22,000 MXN |
| Per Month |
Leisure and Shopping Expenditure3%
3% of total expenses on average (3% to 6%)
| LOW | $16 260 MXN |
| AVERAGE | $110 1,900 MXN |
| HIGH | $740 12,000 MXN |
| Per Month |
Education Cost2%
2% of total expenses on average (1% to 4%)
| LOW | $6.2 110 MXN |
| AVERAGE | $44 750 MXN |
| HIGH | $290 5,000 MXN |
| Per Month |
Other Expenses21%
21% of total expenses on average (13% to 25%)
| LOW | $56 950 MXN |
| AVERAGE | $400 6,700 MXN |
| HIGH | $2,600 45,000 MXN |
| Per Month |
CoupleAverage monthly living expenditure breaks and spending patterns for couples in Ciudad Santa Catarina
Housing cost for a couple28%
28% of total expenses on average (21% to 38%)
| LOW | $420 7,100 MXN |
| AVERAGE | $1,300 21,000 MXN |
| HIGH | $6,700 110,000 MXN |
| Per Month |
Utilities, Electricity, Water, Internet, Mobile7%
7% of total expenses on average (5% to 11%)
| LOW | $49 830 MXN |
| AVERAGE | $170 2,800 MXN |
| HIGH | $1,100 18,000 MXN |
| Per Month |
Transport and Fuel Cost10%
10% of total expenses on average (4% to 15%)
| LOW | $150 2,500 MXN |
| AVERAGE | $440 7,500 MXN |
| HIGH | $2,400 40,000 MXN |
| Per Month |
Food and Groceries Cost16%
16% of total expenses on average (11% to 21%)
| LOW | $170 2,900 MXN |
| AVERAGE | $510 8,700 MXN |
| HIGH | $2,700 47,000 MXN |
| Per Month |
Healthcare Cost13%
13% of total expenses on average (7% to 17%)
| LOW | $130 2,300 MXN |
| AVERAGE | $400 6,900 MXN |
| HIGH | $2,200 37,000 MXN |
| Per Month |
Leisure and Shopping Cost4%
4% of total expenses on average (2% to 7%)
| LOW | $74 1,200 MXN |
| AVERAGE | $220 3,700 MXN |
| HIGH | $1,200 20,000 MXN |
| Per Month |
Education Cost2%
2% of total expenses on average (1% to 4%)
| LOW | $25 420 MXN |
| AVERAGE | $74 1,200 MXN |
| HIGH | $390 6,700 MXN |
| Per Month |
Other Expenses20%
20% of total expenses on average (14% to 26%)
| LOW | $210 3,500 MXN |
| AVERAGE | $630 11,000 MXN |
| HIGH | $3,300 57,000 MXN |
| Per Month |
FamilyAverage monthly expenses and break out of spending for families living in Ciudad Santa Catarina
Housing cost for a family27%
27% of total expenses on average (22% to 37%)
| LOW | $550 9,300 MXN |
| AVERAGE | $1,600 27,000 MXN |
| HIGH | $10,000 170,000 MXN |
| Per Month |
Utilities, Electricity, Water, Internet, Mobile5%
5% of total expenses on average (3% to 8%)
| LOW | $86 1,500 MXN |
| AVERAGE | $250 4,200 MXN |
| HIGH | $1,600 27,000 MXN |
| Per Month |
Transport and Fuel Expenses6%
6% of total expenses on average (4% to 8%)
| LOW | $170 2,900 MXN |
| AVERAGE | $490 8,300 MXN |
| HIGH | $3,200 54,000 MXN |
| Per Month |
Food and Groceries Cost20%
20% of total expenses on average (13% to 26%)
| LOW | $310 5,200 MXN |
| AVERAGE | $880 15,000 MXN |
| HIGH | $5,700 97,000 MXN |
| Per Month |
Healthcare Expenses10%
10% of total expenses on average (6% to 15%)
| LOW | $150 2,600 MXN |
| AVERAGE | $490 8,300 MXN |
| HIGH | $2,500 43,000 MXN |
| Per Month |
Leisure and Shopping Cost3%
3% of total expenses on average (2% to 7%)
| LOW | $86 1,500 MXN |
| AVERAGE | $250 4,200 MXN |
| HIGH | $1,600 27,000 MXN |
| Per Month |
Education Cost14%
14% of total expenses on average (7% to 22%)
| LOW | $240 4,100 MXN |
| AVERAGE | $690 12,000 MXN |
| HIGH | $4,500 76,000 MXN |
| Per Month |
Other Expenses15%
15% of total expenses on average (8% to 20%)
| LOW | $140 2,300 MXN |
| AVERAGE | $390 6,700 MXN |
| HIGH | $2,500 43,000 MXN |
| Per Month |
StudentCost of living and expenses break down for students living in Ciudad Santa Catarina
Housing costs for Student19%
19% of total expenses on average (14% to 25%)
| LOW | $59 1,000 MXN |
| AVERAGE | $380 6,500 MXN |
| HIGH | $2,600 43,000 MXN |
| Per Month |
Utilities, Electricity, Water, Internet, and Mobile Expenses6%
6% of total expenses on average (4% to 10%)
| LOW | $9.8 170 MXN |
| AVERAGE | $64 1,100 MXN |
| HIGH | $430 7,200 MXN |
| Per Month |
Transport and Fuel Cost5%
5% of total expenses on average (5% to 11%)
| LOW | $17 290 MXN |
| AVERAGE | $110 1,900 MXN |
| HIGH | $750 13,000 MXN |
| Per Month |
Food and Groceries Expenditure22%
22% of total expenses on average (16% to 26%)
| LOW | $49 830 MXN |
| AVERAGE | $320 5,400 MXN |
| HIGH | $2,100 36,000 MXN |
| Per Month |
Healthcare Cost8%
8% of total expenses on average (5% to 11%)
| LOW | $15 250 MXN |
| AVERAGE | $96 1,600 MXN |
| HIGH | $640 11,000 MXN |
| Per Month |
Leisure and Shopping Cost3%
3% of total expenses on average (2% to 7%)
| LOW | $12 210 MXN |
| AVERAGE | $80 1,400 MXN |
| HIGH | $530 9,000 MXN |
| Per Month |
Education Cost19%
19% of total expenses on average (12% to 24%)
| LOW | $47 790 MXN |
| AVERAGE | $300 5,200 MXN |
| HIGH | $2,000 34,000 MXN |
| Per Month |
Other Expenses18%
18% of total expenses on average (12% to 24%)
| LOW | $37 620 MXN |
| AVERAGE | $240 4,100 MXN |
| HIGH | $1,600 27,000 MXN |
| Per Month |
