Cost Of Living in Cuautla 2024

cost of living chart - average monthly expenditure in Cuautla

Average monthly spending for singles, couples, students, and families in Cuautla

Whether you're living in Cuautla 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
3,700 48,000 480,000
MINIMUM AVERAGE MAXIMUM
$220 $2,800 $28,000

Monthly Expenditure ▶ Single

Currency: MXN
4,700 33,000 220,000
MINIMUM AVERAGE MAXIMUM
$280 $2,000 $13,000

Monthly Expenditure ▶ Couple

Currency: MXN
19,000 56,000 300,000
MINIMUM AVERAGE MAXIMUM
$1,100 $3,300 $17,000

Monthly Expenditure ▶ Family

Currency: MXN
26,000 74,000 480,000
MINIMUM AVERAGE MAXIMUM
$1,500 $4,400 $28,000

Monthly Expenditure ▶ Student

Currency: MXN
3,700 24,000 160,000
MINIMUM AVERAGE MAXIMUM
$220 $1,400 $9,500
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Cuautla is 33,000 MXN. Expenses can range from 4,700 MXN at the minimum level to 220,000 MXN at the highest end.


Couples

The average monthly spending of couples in Cuautla is 56,000 MXN. Expenditure can range from 19,000 MXN to 300,000 MXN per month.


Families

The average cost of living for families in Cuautla is 74,000 MXN per month. Families spend anywhere from 26,000 MXN to 480,000 MXN.


Students

The average monthly expenditure for students in Cuautla is 24,000 MXN. Students spend from 3,700 MXN to 160,000 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 Cuautla


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Cuautla

Dining, food, and beverages costs


Fast food combo meal

59 MXN 120 MXN 200 MXN
MINIMUM AVERAGE MAXIMUM
$3.5 $6.9 $12

Restaurant meal for one

180 MXN 270 MXN 550 MXN
MINIMUM AVERAGE MAXIMUM
$11 $16 $32

Fine dining meal for one

370 MXN 550 MXN 2,200 MXN
MINIMUM AVERAGE MAXIMUM
$22 $32 $130

Cappuccino or latte

49 MXN 78 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$2.9 $4.6 $6.9

Grocery and market costs


Milk large bottle

39 MXN 47 MXN 59 MXN
MINIMUM AVERAGE MAXIMUM
$2.3 $2.8 $3.5

12 eggs

29 MXN 39 MXN 59 MXN
MINIMUM AVERAGE MAXIMUM
$1.7 $2.3 $3.5

Fresh whole chicken

67 MXN 86 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$3.9 $5.1 $7.2

Pack of beef

78 MXN 120 MXN 240 MXN
MINIMUM AVERAGE MAXIMUM
$4.6 $6.9 $14

Medium bag of rice

32 MXN 43 MXN 61 MXN
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $3.6

Bag of tomatos

12 MXN 16 MXN 29 MXN
MINIMUM AVERAGE MAXIMUM
$0.69 $0.92 $1.7

Bag of apples

21 MXN 27 MXN 45 MXN
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.7
Chart showing the prices and cost of commute, travel, and transportation in Cuautla

Commute, travel, and transportation costs


20 minutes taxi ride

46 MXN 55 MXN 110 MXN
MINIMUM AVERAGE MAXIMUM
$2.7 $3.2 $6.5

Average car full tank

290 MXN 390 MXN 780 MXN
MINIMUM AVERAGE MAXIMUM
$17 $23 $46

Average car 1-day rental

250 MXN 340 MXN 510 MXN
MINIMUM AVERAGE MAXIMUM
$15 $20 $30

Average car price

150,000 MXN 290,000 MXN 390,000 MXN
MINIMUM AVERAGE MAXIMUM
$8,700 $17,000 $23,000

Bus ticket one way

8.5 MXN 13 MXN 25 MXN
MINIMUM AVERAGE MAXIMUM
$0.50 $0.75 $1.5

Car Service

340 MXN 510 MXN 1,000 MXN
MINIMUM AVERAGE MAXIMUM
$20 $30 $60
Chart showing the prices and cost of utility, energy, water, and gas for a family in Cuautla

Utility cost (monthly)


Utility Bill - Individual

280 MXN 2,000 MXN 13,000 MXN
MINIMUM AVERAGE MAXIMUM
$17 $120 $790

Utility Bill - Couple

740 MXN 2,500 MXN 16,000 MXN
MINIMUM AVERAGE MAXIMUM
$44 $150 $960

Utility Bill - Family

1,300 MXN 3,700 MXN 24,000 MXN
MINIMUM AVERAGE MAXIMUM
$76 $220 $1,400

Internet and cable

290 MXN 590 MXN 780 MXN
MINIMUM AVERAGE MAXIMUM
$17 $35 $46

Mobile phone charges

240 MXN 390 MXN 1,200 MXN
MINIMUM AVERAGE MAXIMUM
$14 $23 $69

Leisure and activities costs


Movie ticket

150 MXN 200 MXN 290 MXN
MINIMUM AVERAGE MAXIMUM
$8.7 $12 $17

One month gym membership

410 MXN 510 MXN 1,000 MXN
MINIMUM AVERAGE MAXIMUM
$24 $30 $60
Chart showing the prices and cost of clothing and accessories in Cuautla

Cloths and accessories costs


Pair of jeans or pants

300 MXN 420 MXN 640 MXN
MINIMUM AVERAGE MAXIMUM
$18 $25 $38

Woman dress

280 MXN 390 MXN 1,300 MXN
MINIMUM AVERAGE MAXIMUM
$17 $23 $75

Woman shoes

270 MXN 360 MXN 850 MXN
MINIMUM AVERAGE MAXIMUM
$16 $21 $50

Men's shoes

230 MXN 280 MXN 570 MXN
MINIMUM AVERAGE MAXIMUM
$14 $17 $33

Men suit

250 MXN 320 MXN 1,700 MXN
MINIMUM AVERAGE MAXIMUM
$15 $19 $100

Regular t-shirt

130 MXN 170 MXN 510 MXN
MINIMUM AVERAGE MAXIMUM
$7.5 $10 $30
Chart showing the prices and cost of housing, accommodation, and rent in Cuautla

Housing costs / monthly rent


Studio apartment

4,200 MXN 6,400 MXN 17,000 MXN
MINIMUM AVERAGE MAXIMUM
$250 $380 $1,000

1-bedroom apartment

6,400 MXN 10,000 MXN 25,000 MXN
MINIMUM AVERAGE MAXIMUM
$380 $600 $1,500

2-bedroom apartment

8,500 MXN 13,000 MXN 34,000 MXN
MINIMUM AVERAGE MAXIMUM
$500 $750 $2,000

Housing costs / Buying


Studio apartment

850,000 MXN 1.3M MXN 2.5M MXN
MINIMUM AVERAGE MAXIMUM
$50,000 $75,000 $150,000

1-bedroom apartment

1M MXN 1.7M MXN 6.4M MXN
MINIMUM AVERAGE MAXIMUM
$60,000 $100,000 $380,000

2-bedroom apartment

1.7M MXN 5.1M MXN 10M MXN
MINIMUM AVERAGE MAXIMUM
$100,000 $300,000 $600,000
Chart showing the prices and cost of furniture in Cuautla

Furniture Costs


King Size Bed

5,900 MXN 7,300 MXN 9,800 MXN
MINIMUM AVERAGE MAXIMUM
$350 $430 $580

Double Bed

3,900 MXN 5,900 MXN 7,300 MXN
MINIMUM AVERAGE MAXIMUM
$230 $350 $430

Single Bed

3,500 MXN 4,500 MXN 5,900 MXN
MINIMUM AVERAGE MAXIMUM
$200 $270 $350

Living Room

6,500 MXN 8,400 MXN 29,000 MXN
MINIMUM AVERAGE MAXIMUM
$390 $500 $1,700

Dining Table

2,900 MXN 3,900 MXN 7,300 MXN
MINIMUM AVERAGE MAXIMUM
$170 $230 $430

Sofa or Couch

3,900 MXN 5,300 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$230 $320 $690
Chart showing the prices and cost of electronic devices and appliances in Cuautla

Electronics and House Appliance Costs


TV Set

3,900 MXN 5,900 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$230 $350 $690

Fridge or Freezer

3,500 MXN 5,300 MXN 7,300 MXN
MINIMUM AVERAGE MAXIMUM
$200 $320 $430

Washing Machine

4,500 MXN 6,500 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$270 $390 $690

Stove or Cooker

4,200 MXN 5,300 MXN 7,300 MXN
MINIMUM AVERAGE MAXIMUM
$250 $320 $430

Mobile Phone

4,900 MXN 5,900 MXN 8,400 MXN
MINIMUM AVERAGE MAXIMUM
$290 $350 $500

Laptop or Computer

5,300 MXN 6,500 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$320 $390 $690

Expenditure to Income Ratio in Cuautla

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.

Cost of living and expenditure to income ratio in Cuautla

Spending to Income Ratio

75%

67% to 83%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%6%
50% - 60%11%
60% - 70%17%
70% - 80%26%
80% - 90%17%
90% - 100%9%
100% - 110%5%
110% - 120%3%
120% - 130%2%
130% - 140%2%
> 140%1%

Interpretation and Analysis

The average spending-to-salary ratio in Cuautla is 75% This means that on average, people spend around 75% 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
68%
Spending-Income-Ratio
60%
75%

Couple
71%
Spending-Income-Ratio
64%
79%

Family
79%
Spending-Income-Ratio
70%
87%
Distribution of monthly cost of living expenses in Cuautla

How do people spend their money in Cuautla?

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 Expenditure26%

26% of total expenses on average (15% to 34%)

LOW$66   1,100 MXN
AVERAGE$850   14,000 MXN
HIGH$8,500   140,000 MXN
Per Month

People living in Cuautla typically spend from 15% to 34% of their total monthly expenditure on housing with 26% being the average. The average spend on housing is 14,000 MXN with expenditure ranging from 1,100 MXN to 140,000 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$11   190 MXN
AVERAGE$140   2,400 MXN
HIGH$1,400   24,000 MXN
Per Month

Utility expenditure like electricity, water, and gas in Cuautla ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 2,400 MXN with 190 MXN and 24,000 MXN being the upper and lower limits.

Transport, Fuel, Commute8%

8% of total expenses on average (4% to 12%)

LOW$22   370 MXN
AVERAGE$280   4,800 MXN
HIGH$2,800   48,000 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 370 MXN to 48,000 MXN on commuting with 4,800 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$55   930 MXN
AVERAGE$710   12,000 MXN
HIGH$7,100   120,000 MXN
Per Month

The average outlay on groceries in a month in Cuautla is 12,000 MXN. The cost of groceries can range between 930 MXN to 120,000 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$15   260 MXN
AVERAGE$200   3,400 MXN
HIGH$2,000   34,000 MXN
Per Month

People in Cuautla 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 260 MXN to 34,000 MXN with 3,400 MXN being the norm.

Leisure and Shopping5%

5% of total expenses on average (3% to 9%)

LOW$8.7   150 MXN
AVERAGE$110   1,900 MXN
HIGH$1,100   19,000 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 150 MXN to 19,000 MXN with 1,900 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$13   220 MXN
AVERAGE$170   2,900 MXN
HIGH$1,700   29,000 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 2,900 MXN per month with 220 MXN being the minimum spent amount and 29,000 MXN being the maximum.

Other Expenses12%

12% of total expenses on average (7% to 19%)

LOW$28   480 MXN
AVERAGE$370   6,300 MXN
HIGH$3,700   63,000 MXN
Per Month
Percentage of people who manage to save money from their income every month in Cuautla

How much money can you save in Cuautla 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 Cuautla manage to save money from their income every month?


Saving Money
60%
Not Saving
40%

Almost 60% of the surveyed people in Cuautla said that they can save some money at the end of each month while 40% said that aren't saving anything.


Percentage of people saving money by population group in Cuautla

GroupSaversNon Savers
Singles62%38%
Couples57%43%
Families53%47%

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.


Savings to income ratio in Cuautla

Saving to Income Ratio

12% 20% of income 30%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,400 MXN
$82
18,000 MXN
$1,100
180,000 MXN
$11,000
MINIMUM AVERAGE MAXIMUM

For most people, 12% to 30% of their monthly income is what they can allocate to their savings, with 20% being the average. The amount of money that people can save is approximately 18,000 MXN on average with savings ranging from 1,400 MXN to 180,000 MXN.

62% of surveyed singles reported some of their income going to savings while 57% of couples said the same. 53% of families confirmed their ability to save money.


How much money do people actually save in Cuautla?

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

15% 24% of income 32%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,400 MXN
$82
12,000 MXN
$730
83,000 MXN
$4,900
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%29%
10% - 20%23%
20% - 30%16%
30% - 40%16%
40% - 50%12%
> 50%4%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 15% to 32% of their monthly income to savings, with 24% being the average for most singles. The average amount of money that singles are able to save is 12,000 MXN with 1,400 MXN and 83,000 MXN being the minimum and maximum respectively.


Couples

Saving to Income Ratio

13% 22% of income 31%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

6,900 MXN
$410
21,000 MXN
$1,200
110,000 MXN
$6,500
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%33%
10% - 20%25%
20% - 30%19%
30% - 40%11%
40% - 50%9%
> 50%3%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 13% to 31% of their monthly income, with 22% being the average for most couples. The average amount of money that couples can save is 21,000 MXN with 6,900 MXN and 110,000 MXN being the minimum and maximum respectively.


Families

Saving to Income Ratio

11% 18% of income 27%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

9,700 MXN
$570
28,000 MXN
$1,600
180,000 MXN
$11,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%36%
10% - 20%28%
20% - 30%20%
30% - 40%8%
40% - 50%6%
> 50%2%

Interpretation and Analysis

Families in Cuautla can save anywhere between 11% to 27% of their monthly income, with 18% being the average for most families. The average amount of money that families can put aside is 28,000 MXN with 9,700 MXN and 180,000 MXN being the minimum and maximum respectively.

Reasons that make it difficult for people to save money in Cuautla

Saving Challenges in Cuautla

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Cuautla. Listed below are the answers given by the survey participants.


Reason% People
Low Income6%
High Expenses9%
Debt and Loans17%
Lack of Budgeting Skills11%
Impulsive Spending10%
Financial Emergencies6%
Living the moment6%
Will do it later18%
Inflation11%
Social Pressure3%
Market Instability3%

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. 17% 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. 18% 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. 11% 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.

Where do people choose to put their savings in Cuautla

Typical saving choices for people in Cuautla

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold11%
Savings Accounts17%
Retirement Accounts11%
Cash Savings17%
Real Estate10%
Investment6%
Stocks6%
Bonds6%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

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.

Income and cost of living compatibility. Is it affordable or economical to live in Cuautla

Affordable living in Cuautla

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Cuautla?


Yes
63%
No
37%

Around 63% of surveyed residents think that living in Cuautla is affordable with proper budgeting while 37% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting. Are there plenty of low-cost options in Cuautla

Low-cost alternatives in Cuautla

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 options54%

Few low-cost options46%


Based on the survey, 54% of the people living in Cuautla have no problem finding low-cost alternatives to support a frugal lifestyle while 46% 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 Cuautla whether they have an emergency fund and the answers were as follows.

Yes62%

No38%


Based on the survey, 38% of the people living in Cuautla said that they don't have an emergency fund while 62% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Cuautla

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 and targets of people living in Cuautla

Financial goals of people in Cuautla

In an attempt to understand the economic situation in Cuautla, 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 Fund7%
Debt Reduction35%
Retirement Savings8%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle10%
Healthcare Expenses10%
Financial Independence8%

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 35% said their number one priority is to pay off high-interest debt or loans and improve credit. 8% 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 10% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 10% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Cuautla

What does the retirement lifestyle look like in Cuautla 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:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Cuautla:
AgeAmount
25130,000 MXN
30260,000 MXN
35460,000 MXN
40660,000 MXN
45990,000 MXN
501.4M MXN
551.7M MXN
602.1M MXN
652.4M MXN

Retirement Income Distribution

We asked residents of Cuautla about their retirement income sources and below are the results.

Source% People
Pensions13%
Savings22%
Investments13%
Social Security8%
Annuities8%
Part-time Job11%
Real Estate17%
Dividends and Interest8%

Retirement Monthly Expenses in Cuautla

2,700 MXN
$160
24,000 MXN
$1,400
160,000 MXN
$9,500
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Cuautla

Debt, loans, and mortgages in Cuautla


Percentage of people who are in debt


In Debt
23%
Debt Free
77%

According to the survey, 23% of the people in Cuautla have some kind of debt, loan, mortgage, or credit card payments while 77% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Cuautla

Debt-to-income ratio in Cuautla

Debt to income ratio

25%

16% to 34%

( 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 25% of the people's monthly income in Cuautla goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%13%
40% - 50%12%
30% - 40%14%
20% - 30%14%
10% - 20%17%
0% - 10%27%

According to our data, 3% of the debtors in Cuautla pay 60%+ of their income as debt settlement while 13% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 12% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 14% dedicated 30% to 40% of income for same. Things are looking brighter for 14% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Cuautla

Debt% People
Real Estate Mortgage12%
Auto Loan21%
Student Loan3%
Credit Card26%
Personal Loan38%

12% of debtors in Cuautla confirm that real estate mortgages constitutes the main part of their outstanding debt while 26% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 21% of people and personal loans rose at 38%. Lastly, student loans are the main source of debt for 3% of debtors in Cuautla.


About credit score and debt management

Managing 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 Cuautla

Besides measuring the loan-to-income ratio, we asked residents of Cuautla 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
Never54%
Once a year22%
Twice a year12%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Cuautla

Housing costs, accommodation, and housing affordability in Cuautla

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Cuautla

Monthly Rent Prices

Studio apartment monthly rent cost

4,200 MXN 6,400 MXN 17,000 MXN
MINIMUM AVERAGE MAXIMUM
$250 $380 $1,000

1-bedroom apartment monthly rent cost

6,400 MXN 10,000 MXN 25,000 MXN
MINIMUM AVERAGE MAXIMUM
$380 $600 $1,500

2-bedroom apartment monthly rent cost

8,500 MXN 13,000 MXN 34,000 MXN
MINIMUM AVERAGE MAXIMUM
$500 $750 $2,000

3-bedroom apartment monthly rent cost

10,000 MXN 17,000 MXN 46,000 MXN
MINIMUM AVERAGE MAXIMUM
$600 $1,000 $2,700

Furnished apartment monthly rent cost

20,000 MXN 51,000 MXN 100,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,200 $3,000 $6,000

Townhouse monthly rent cost

17,000 MXN 25,000 MXN 73,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,000 $1,500 $4,300

House monthly rent cost

20,000 MXN 51,000 MXN 100,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,200 $3,000 $6,000

Villa monthly rent cost

25,000 MXN 64,000 MXN 100,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,500 $3,800 $6,000

The monthly rental cost of a studio apartment in Cuautla ranges between 4,200 MXN and 17,000 MXN, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 6,400 MXN to 25,000 MXN. Two-bedroom rentals rate ranges between 8,500 MXN and 34,000 MXN per month. The monthly rental for a three-bedroom apartment ranges from 10,000 MXN to 46,000 MXN. The average rent of a townhouse in Cuautla is around 25,000 MXN while house rental costs can be as high as 51,000 MXN per month. Finally, if you want to rent a villa, expect to pay anywhere from 25,000 MXN to 100,000 MXN per month.



Apartment and house prices in Cuautla

Cost of buying a property

Studio apartment price

850,000 MXN 1.3M MXN 2.5M MXN
MINIMUM AVERAGE MAXIMUM
$50,000 $75,000 $150,000

1-bedroom apartment price

1M MXN 1.7M MXN 6.4M MXN
MINIMUM AVERAGE MAXIMUM
$60,000 $100,000 $380,000

2-bedroom apartment price

1.7M MXN 5.1M MXN 10M MXN
MINIMUM AVERAGE MAXIMUM
$100,000 $300,000 $600,000

3-bedroom apartment price

5.7M MXN 8.5M MXN 25M MXN
MINIMUM AVERAGE MAXIMUM
$330,000 $500,000 $1.5M

Townhouse price

7.3M MXN 17M MXN 64M MXN
MINIMUM AVERAGE MAXIMUM
$430,000 $1M $3.8M

House price

8.5M MXN 51M MXN 73M MXN
MINIMUM AVERAGE MAXIMUM
$500,000 $3M $4.3M

Villa price

10M MXN 57M MXN 85M MXN
MINIMUM AVERAGE MAXIMUM
$600,000 $3.3M $5M

The average price of a studio apartment in Cuautla can range from 850,000 MXN to 2.5M MXN depending on location. One bedroom cost can be anywhere from 1M MXN to 6.4M MXN. A villa can cost you 57M MXN on average with prices ranging from 10M MXN to 85M MXN.


If you're leasing or purchasing, housing costs in Cuautla 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


39 x114 monthly income 195
MINIMUM AVERAGE MAXIMUM

Property prices in Cuautla can be x114 to x195 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x114 multiples of the average monthly salary in Cuautla.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


21% 30% of income 39%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Cuautla is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 21% to 39% 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
28%

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.


FROM
2.4%
AVERAGE
3.4%
TO
4.5%

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.


74 MXN 960 MXN 9,600 MXN
MINIMUM AVERAGE MAXIMUM

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 Cuautla

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Cuautla

Utility Bill Cost / Electricity + Water + Gas / Individual

280 MXN 2,000 MXN 13,000 MXN
MINIMUM AVERAGE MAXIMUM
$17 $120 $790

Utility Bill Cost / Electricity + Water + Gas / Couple

740 MXN 2,500 MXN 16,000 MXN
MINIMUM AVERAGE MAXIMUM
$44 $150 $960

Utility Bill Cost / Electricity + Water + Gas / Family

1,300 MXN 3,700 MXN 24,000 MXN
MINIMUM AVERAGE MAXIMUM
$76 $220 $1,400

Internet and cable cost

290 MXN 590 MXN 780 MXN
MINIMUM AVERAGE MAXIMUM
$17 $35 $46

Mobile phone bill and charges

240 MXN 390 MXN 1,200 MXN
MINIMUM AVERAGE MAXIMUM
$14 $23 $69

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 Cuautla ranges between 280 MXN and 13,000 MXN with average being 2,000 MXN, meanwhile the expenditure of couples is slightly higher at 2,500 MXN with 740 MXN and 16,000 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 3,700 MXN. The cost of internet and WiFi is unchanged among the three groups and ranges from 290 MXN to 780 MXN with 590 MXN being the average internet bill. Finally, the average monthly mobile charges is around 390 MXN but can range between 240 MXN and 1,200 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


1.8% 4.5% of income 8.1%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Cuautla is around 4.5%. This means that people pay 4.5% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.8% to 8.1% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Cuautla

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Cuautla

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

59 MXN 120 MXN 200 MXN
MINIMUM AVERAGE MAXIMUM
$3.5 $6.9 $12

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Cuautla is approximatly 120 MXN with meal cost ranging from 59 MXN to 200 MXN. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

180 MXN 270 MXN 550 MXN
MINIMUM AVERAGE MAXIMUM
$11 $16 $32

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 180 MXN and 550 MXN with 270 MXN being the average price of a plate for one person at a regular restaurant in Cuautla.

Fine dining meal for one price

370 MXN 550 MXN 2,200 MXN
MINIMUM AVERAGE MAXIMUM
$22 $32 $130

The price range of a meal at fine-dining restaurant is 370 MXN to 2,200 MXN with the average cost being 550 MXN for one person. This is what you would expect to pay a top-tier diner in Cuautla.

Beverage prices, cappuccino, latte etc..

49 MXN 78 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$2.9 $4.6 $6.9

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Cuautla is around 78 MXN. Price ranges between 49 MXN and 120 MXN depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

39 MXN 47 MXN 59 MXN
MINIMUM AVERAGE MAXIMUM
$2.3 $2.8 $3.5

The average price of a large bottle of milk in Cuautla is 47 MXN. The maximum what you would pay for milk is 59 MXN and the minimum being 39 MXN depending on the brand of milk and other properties.

12 eggs price

29 MXN 39 MXN 59 MXN
MINIMUM AVERAGE MAXIMUM
$1.7 $2.3 $3.5

A dozen eggs costs around 39 MXN on average with 29 MXN and 59 MXN being the lower and upper limits respectively.

Fresh whole chicken price

67 MXN 86 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$3.9 $5.1 $7.2

The price range of a fresh whole chicken in Cuautla is between 67 MXN and 120 MXN depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 86 MXN.

Pack of beef price

78 MXN 120 MXN 240 MXN
MINIMUM AVERAGE MAXIMUM
$4.6 $6.9 $14

The price of a regular pack of beef or meat is around 120 MXN. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

32 MXN 43 MXN 61 MXN
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $3.6

A bag of rice in Cuautla costs around 43 MXN on average with prices rangeing between 32 MXN and 61 MXN depending on the brand and quality.

Bag of tomatos price

12 MXN 16 MXN 29 MXN
MINIMUM AVERAGE MAXIMUM
$0.69 $0.92 $1.7

A bag of tomatoes costs anywhere from 12 MXN to 29 MXN. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

21 MXN 27 MXN 45 MXN
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.7

A bag of apples costs 27 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


15% 23% of income 28%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Cuautla is around 23%. This means that people spend 23% of their income on grocery and basic household items. The expenditure can range from 15% to 28% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 5,300 MXN per month on grocery and food with expenditure fluctuating between 760 MXN and 36,000 MXN depending on location and the type of person. The average cost of food and groceries for a couple is around 7,800 MXN per month. That number can be get as low as 2,600 MXN or a high as 42,000 MXN. Families' spending on grocery ranges from 4,700 MXN to 87,000 MXN with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Cuautla

Housing cost for a single person32%

32% of total expenses on average (20% to 44%)

LOW$100   1,700 MXN
AVERAGE$710   12,000 MXN
HIGH$4,700   80,000 MXN
Per Month

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (4% to 13%)

LOW$17   280 MXN
AVERAGE$120   2,000 MXN
HIGH$790   13,000 MXN
Per Month

Transport and Fuel Cost6%

6% of total expenses on average (4% to 12%)

LOW$22   380 MXN
AVERAGE$160   2,700 MXN
HIGH$1,000   18,000 MXN
Per Month

Food and Groceries Cost18%

18% of total expenses on average (12% to 23%)

LOW$45   760 MXN
AVERAGE$310   5,300 MXN
HIGH$2,100   36,000 MXN
Per Month

Healthcare Cost11%

11% of total expenses on average (5% to 15%)

LOW$25   430 MXN
AVERAGE$180   3,000 MXN
HIGH$1,200   20,000 MXN
Per Month

Leisure and Shopping Expenditure3%

3% of total expenses on average (3% to 6%)

LOW$14   240 MXN
AVERAGE$98   1,700 MXN
HIGH$660   11,000 MXN
Per Month

Education Cost2%

2% of total expenses on average (1% to 4%)

LOW$5.6   94 MXN
AVERAGE$39   670 MXN
HIGH$260   4,400 MXN
Per Month

Other Expenses20%

20% of total expenses on average (12% to 24%)

LOW$50   850 MXN
AVERAGE$350   6,000 MXN
HIGH$2,400   40,000 MXN
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Cuautla

Housing cost for a couple29%

29% of total expenses on average (22% to 39%)

LOW$370   6,300 MXN
AVERAGE$1,100   19,000 MXN
HIGH$5,900   100,000 MXN
Per Month

Utilities, Electricity, Water, Internet, Mobile7%

7% of total expenses on average (5% to 11%)

LOW$44   740 MXN
AVERAGE$150   2,500 MXN
HIGH$960   16,000 MXN
Per Month

Transport and Fuel Cost10%

10% of total expenses on average (4% to 15%)

LOW$130   2,200 MXN
AVERAGE$390   6,700 MXN
HIGH$2,100   36,000 MXN
Per Month

Food and Groceries Cost16%

16% of total expenses on average (11% to 21%)

LOW$150   2,600 MXN
AVERAGE$460   7,800 MXN
HIGH$2,400   42,000 MXN
Per Month

Healthcare Cost13%

13% of total expenses on average (7% to 17%)

LOW$120   2,000 MXN
AVERAGE$360   6,100 MXN
HIGH$1,900   33,000 MXN
Per Month

Leisure and Shopping Cost4%

4% of total expenses on average (2% to 7%)

LOW$66   1,100 MXN
AVERAGE$200   3,300 MXN
HIGH$1,000   18,000 MXN
Per Month

Education Cost2%

2% of total expenses on average (1% to 4%)

LOW$22   370 MXN
AVERAGE$66   1,100 MXN
HIGH$350   5,900 MXN
Per Month

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW$190   3,200 MXN
AVERAGE$560   9,500 MXN
HIGH$3,000   50,000 MXN
Per Month


Family
Average monthly expenses and break out of spending for families living in Cuautla

Housing cost for a family28%

28% of total expenses on average (23% to 38%)

LOW$490   8,300 MXN
AVERAGE$1,400   24,000 MXN
HIGH$9,100   150,000 MXN
Per Month

Utilities, Electricity, Water, Internet, Mobile5%

5% of total expenses on average (3% to 8%)

LOW$76   1,300 MXN
AVERAGE$220   3,700 MXN
HIGH$1,400   24,000 MXN
Per Month

Transport and Fuel Expenses6%

6% of total expenses on average (4% to 8%)

LOW$150   2,600 MXN
AVERAGE$440   7,400 MXN
HIGH$2,800   48,000 MXN
Per Month

Food and Groceries Cost20%

20% of total expenses on average (13% to 26%)

LOW$280   4,700 MXN
AVERAGE$790   13,000 MXN
HIGH$5,100   87,000 MXN
Per Month

Healthcare Expenses10%

10% of total expenses on average (6% to 15%)

LOW$140   2,300 MXN
AVERAGE$440   7,400 MXN
HIGH$2,300   39,000 MXN
Per Month

Leisure and Shopping Cost3%

3% of total expenses on average (2% to 7%)

LOW$76   1,300 MXN
AVERAGE$220   3,700 MXN
HIGH$1,400   24,000 MXN
Per Month

Education Cost14%

14% of total expenses on average (7% to 22%)

LOW$210   3,600 MXN
AVERAGE$610   10,000 MXN
HIGH$4,000   67,000 MXN
Per Month

Other Expenses14%

14% of total expenses on average (7% to 19%)

LOW$120   2,100 MXN
AVERAGE$350   5,900 MXN
HIGH$2,300   39,000 MXN
Per Month


Student
Cost of living and expenses break down for students living in Cuautla

Housing costs for Student20%

20% of total expenses on average (15% to 26%)

LOW$52   890 MXN
AVERAGE$340   5,800 MXN
HIGH$2,300   39,000 MXN
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses6%

6% of total expenses on average (4% to 10%)

LOW$8.7   150 MXN
AVERAGE$57   970 MXN
HIGH$380   6,500 MXN
Per Month

Transport and Fuel Cost5%

5% of total expenses on average (5% to 11%)

LOW$15   260 MXN
AVERAGE$100   1,700 MXN
HIGH$670   11,000 MXN
Per Month

Food and Groceries Expenditure22%

22% of total expenses on average (16% to 26%)

LOW$44   740 MXN
AVERAGE$290   4,800 MXN
HIGH$1,900   32,000 MXN
Per Month

Healthcare Cost8%

8% of total expenses on average (5% to 11%)

LOW$13   220 MXN
AVERAGE$86   1,500 MXN
HIGH$570   9,700 MXN
Per Month

Leisure and Shopping Cost3%

3% of total expenses on average (2% to 7%)

LOW$11   190 MXN
AVERAGE$71   1,200 MXN
HIGH$480   8,100 MXN
Per Month

Education Cost19%

19% of total expenses on average (12% to 24%)

LOW$42   700 MXN
AVERAGE$270   4,600 MXN
HIGH$1,800   31,000 MXN
Per Month

Other Expenses17%

17% of total expenses on average (11% to 23%)

LOW$33   560 MXN
AVERAGE$210   3,600 MXN
HIGH$1,400   24,000 MXN
Per Month
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