Cost Of Living in Delicias 2024

cost of living chart - average monthly expenditure in Delicias

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

Whether you're living in Delicias 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
3,500 45,000 450,000
MINIMUM AVERAGE MAXIMUM
$200 $2,700 $27,000

Monthly Expenditure ▶ Single

Currency: MXN
4,400 31,000 210,000
MINIMUM AVERAGE MAXIMUM
$260 $1,800 $12,000

Monthly Expenditure ▶ Couple

Currency: MXN
17,000 52,000 280,000
MINIMUM AVERAGE MAXIMUM
$1,000 $3,100 $16,000

Monthly Expenditure ▶ Family

Currency: MXN
24,000 69,000 450,000
MINIMUM AVERAGE MAXIMUM
$1,400 $4,100 $27,000

Monthly Expenditure ▶ Student

Currency: MXN
3,500 23,000 150,000
MINIMUM AVERAGE MAXIMUM
$200 $1,300 $8,900
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Delicias is 31,000 MXN. Expenses can range from 4,400 MXN at the minimum level to 210,000 MXN at the highest end.


Couples

The average monthly spending of couples in Delicias is 52,000 MXN. Expenditure can range from 17,000 MXN to 280,000 MXN per month.


Families

The average cost of living for families in Delicias is 69,000 MXN per month. Families spend anywhere from 24,000 MXN to 450,000 MXN.


Students

The average monthly expenditure for students in Delicias is 23,000 MXN. Students spend from 3,500 MXN to 150,000 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 Delicias


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

Dining, food, and beverages costs


Fast food combo meal

58 MXN 120 MXN 190 MXN
MINIMUM AVERAGE MAXIMUM
$3.4 $6.9 $11

Restaurant meal for one

180 MXN 260 MXN 530 MXN
MINIMUM AVERAGE MAXIMUM
$10 $16 $31

Fine dining meal for one

350 MXN 530 MXN 2,100 MXN
MINIMUM AVERAGE MAXIMUM
$21 $31 $120

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 58 MXN
MINIMUM AVERAGE MAXIMUM
$2.3 $2.7 $3.4

12 eggs

29 MXN 39 MXN 58 MXN
MINIMUM AVERAGE MAXIMUM
$1.7 $2.3 $3.4

Fresh whole chicken

66 MXN 86 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$3.9 $5 $7.2

Pack of beef

78 MXN 120 MXN 230 MXN
MINIMUM AVERAGE MAXIMUM
$4.6 $6.9 $14

Medium bag of rice

31 MXN 43 MXN 61 MXN
MINIMUM AVERAGE MAXIMUM
$1.8 $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 $2.6
Chart showing the prices and cost of commute, travel, and transportation in Delicias

Commute, travel, and transportation costs


20 minutes taxi ride

44 MXN 53 MXN 110 MXN
MINIMUM AVERAGE MAXIMUM
$2.6 $3.1 $6.2

Average car full tank

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

Average car 1-day rental

240 MXN 320 MXN 480 MXN
MINIMUM AVERAGE MAXIMUM
$14 $19 $28

Average car price

150,000 MXN 290,000 MXN 390,000 MXN
MINIMUM AVERAGE MAXIMUM
$8,600 $17,000 $23,000

Bus ticket one way

7.9 MXN 12 MXN 24 MXN
MINIMUM AVERAGE MAXIMUM
$0.47 $0.70 $1.4

Car Service

320 MXN 480 MXN 950 MXN
MINIMUM AVERAGE MAXIMUM
$19 $28 $56
Chart showing the prices and cost of utility, energy, water, and gas for a family in Delicias

Utility cost (monthly)


Utility Bill - Individual

260 MXN 1,900 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$16 $110 $730

Utility Bill - Couple

690 MXN 2,300 MXN 15,000 MXN
MINIMUM AVERAGE MAXIMUM
$41 $140 $900

Utility Bill - Family

1,200 MXN 3,500 MXN 22,000 MXN
MINIMUM AVERAGE MAXIMUM
$71 $200 $1,300

Internet and cable

290 MXN 580 MXN 780 MXN
MINIMUM AVERAGE MAXIMUM
$17 $34 $46

Mobile phone charges

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

Leisure and activities costs


Movie ticket

150 MXN 190 MXN 290 MXN
MINIMUM AVERAGE MAXIMUM
$8.6 $11 $17

One month gym membership

380 MXN 480 MXN 950 MXN
MINIMUM AVERAGE MAXIMUM
$22 $28 $56
Chart showing the prices and cost of clothing and accessories in Delicias

Cloths and accessories costs


Pair of jeans or pants

280 MXN 400 MXN 590 MXN
MINIMUM AVERAGE MAXIMUM
$16 $23 $35

Woman dress

260 MXN 370 MXN 1,200 MXN
MINIMUM AVERAGE MAXIMUM
$16 $22 $70

Woman shoes

250 MXN 340 MXN 790 MXN
MINIMUM AVERAGE MAXIMUM
$15 $20 $47

Men's shoes

220 MXN 260 MXN 530 MXN
MINIMUM AVERAGE MAXIMUM
$13 $16 $31

Men suit

240 MXN 300 MXN 1,600 MXN
MINIMUM AVERAGE MAXIMUM
$14 $18 $93

Regular t-shirt

120 MXN 160 MXN 480 MXN
MINIMUM AVERAGE MAXIMUM
$7 $9.3 $28
Chart showing the prices and cost of housing, accommodation, and rent in Delicias

Housing costs / monthly rent


Studio apartment

4,000 MXN 5,900 MXN 16,000 MXN
MINIMUM AVERAGE MAXIMUM
$230 $350 $930

1-bedroom apartment

5,900 MXN 9,500 MXN 24,000 MXN
MINIMUM AVERAGE MAXIMUM
$350 $560 $1,400

2-bedroom apartment

7,900 MXN 12,000 MXN 32,000 MXN
MINIMUM AVERAGE MAXIMUM
$470 $700 $1,900

Housing costs / Buying


Studio apartment

790,000 MXN 1.2M MXN 2.4M MXN
MINIMUM AVERAGE MAXIMUM
$47,000 $70,000 $140,000

1-bedroom apartment

950,000 MXN 1.6M MXN 5.9M MXN
MINIMUM AVERAGE MAXIMUM
$56,000 $93,000 $350,000

2-bedroom apartment

1.6M MXN 4.8M MXN 9.5M MXN
MINIMUM AVERAGE MAXIMUM
$93,000 $280,000 $560,000
Chart showing the prices and cost of furniture in Delicias

Furniture Costs


King Size Bed

5,800 MXN 7,300 MXN 9,700 MXN
MINIMUM AVERAGE MAXIMUM
$340 $430 $570

Double Bed

3,900 MXN 5,800 MXN 7,300 MXN
MINIMUM AVERAGE MAXIMUM
$230 $340 $430

Single Bed

3,400 MXN 4,500 MXN 5,800 MXN
MINIMUM AVERAGE MAXIMUM
$200 $260 $340

Living Room

6,500 MXN 8,300 MXN 29,000 MXN
MINIMUM AVERAGE MAXIMUM
$380 $490 $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 $310 $690
Chart showing the prices and cost of electronic devices and appliances in Delicias

Electronics and House Appliance Costs


TV Set

3,900 MXN 5,800 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$230 $340 $690

Fridge or Freezer

3,400 MXN 5,300 MXN 7,300 MXN
MINIMUM AVERAGE MAXIMUM
$200 $310 $430

Washing Machine

4,500 MXN 6,500 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$260 $380 $690

Stove or Cooker

4,200 MXN 5,300 MXN 7,300 MXN
MINIMUM AVERAGE MAXIMUM
$250 $310 $430

Mobile Phone

4,900 MXN 5,800 MXN 8,300 MXN
MINIMUM AVERAGE MAXIMUM
$290 $340 $490

Laptop or Computer

5,300 MXN 6,500 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$310 $380 $690

Expenditure to Income Ratio in Delicias

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 Delicias

Spending to Income Ratio

70%

63% to 78%

( 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%17%
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 Delicias is 70% This means that on average, people spend around 70% 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
63%
Spending-Income-Ratio
56%
70%

Couple
67%
Spending-Income-Ratio
59%
74%

Family
74%
Spending-Income-Ratio
66%
82%
Distribution of monthly cost of living expenses in Delicias

How do people spend their money in Delicias?

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$61   1,000 MXN
AVERAGE$800   13,000 MXN
HIGH$8,000   130,000 MXN
Per Month

People living in Delicias typically spend from 15% to 34% of their total monthly expenditure on housing with 26% being the average. The average spend on housing is 13,000 MXN with expenditure ranging from 1,000 MXN to 130,000 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$10   170 MXN
AVERAGE$130   2,200 MXN
HIGH$1,300   22,000 MXN
Per Month

Utility expenditure like electricity, water, and gas in Delicias ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 2,200 MXN with 170 MXN and 22,000 MXN being the upper and lower limits.

Transport, Fuel, Commute8%

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

LOW$20   350 MXN
AVERAGE$270   4,500 MXN
HIGH$2,700   45,000 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 350 MXN to 45,000 MXN on commuting with 4,500 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$51   870 MXN
AVERAGE$660   11,000 MXN
HIGH$6,600   110,000 MXN
Per Month

The average outlay on groceries in a month in Delicias is 11,000 MXN. The cost of groceries can range between 870 MXN to 110,000 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$14   240 MXN
AVERAGE$190   3,100 MXN
HIGH$1,900   31,000 MXN
Per Month

People in Delicias 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 240 MXN to 31,000 MXN with 3,100 MXN being the norm.

Leisure and Shopping5%

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

LOW$8.2   140 MXN
AVERAGE$110   1,800 MXN
HIGH$1,100   18,000 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 140 MXN to 18,000 MXN with 1,800 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$12   210 MXN
AVERAGE$160   2,700 MXN
HIGH$1,600   27,000 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 2,700 MXN per month with 210 MXN being the minimum spent amount and 27,000 MXN being the maximum.

Other Expenses13%

13% of total expenses on average (8% to 20%)

LOW$27   450 MXN
AVERAGE$340   5,800 MXN
HIGH$3,400   58,000 MXN
Per Month
Percentage of people who manage to save money from their income every month in Delicias

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


Saving Money
56%
Not Saving
44%

Almost 56% of the surveyed people in Delicias said that they can save some money at the end of each month while 44% said that aren't saving anything.


Percentage of people saving money by population group in Delicias

GroupSaversNon Savers
Singles58%43%
Couples53%47%
Families49%51%

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 Delicias

Saving to Income Ratio

11% 19% of income 28%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,300 MXN
$76
17,000 MXN
$990
170,000 MXN
$9,900
MINIMUM AVERAGE MAXIMUM

For most people, 11% to 28% of their monthly income is what they can allocate to their savings, with 19% being the average. The amount of money that people can save is approximately 17,000 MXN on average with savings ranging from 1,300 MXN to 170,000 MXN.

58% of surveyed singles reported some of their income going to savings while 53% of couples said the same. 49% of families confirmed their ability to save money.


How much money do people actually save in Delicias?

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

14% 22% of income 30%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,300 MXN
$76
12,000 MXN
$690
78,000 MXN
$4,600
MINIMUM AVERAGE MAXIMUM

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 14% to 30% of their monthly income to savings, with 22% being the average for most singles. The average amount of money that singles are able to save is 12,000 MXN with 1,300 MXN and 78,000 MXN being the minimum and maximum respectively.


Couples

Saving to Income Ratio

12% 20% of income 29%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

6,500 MXN
$380
19,000 MXN
$1,100
100,000 MXN
$6,100
MINIMUM AVERAGE MAXIMUM

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 12% to 29% of their monthly income, with 20% being the average for most couples. The average amount of money that couples can save is 19,000 MXN with 6,500 MXN and 100,000 MXN being the minimum and maximum respectively.


Families

Saving to Income Ratio

10% 17% of income 25%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

9,000 MXN
$530
26,000 MXN
$1,500
170,000 MXN
$9,900
MINIMUM AVERAGE MAXIMUM

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 Delicias can save anywhere between 10% to 25% of their monthly income, with 17% being the average for most families. The average amount of money that families can put aside is 26,000 MXN with 9,000 MXN and 170,000 MXN being the minimum and maximum respectively.

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

Saving Challenges in Delicias

Reasons that make it difficult for people to save money

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


Reason% People
Low Income6%
High Expenses9%
Debt and Loans16%
Lack of Budgeting Skills11%
Impulsive Spending10%
Financial Emergencies6%
Living the moment6%
Will do it later18%
Inflation12%
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. 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. 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. 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.

Where do people choose to put their savings in Delicias

Typical saving choices for people in Delicias

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold11%
Savings Accounts17%
Retirement Accounts11%
Cash Savings18%
Real Estate10%
Investment6%
Stocks5%
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 Delicias

Affordable living in Delicias

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Delicias?


Yes
59%
No
41%

Around 59% of surveyed residents think that living in Delicias is affordable with proper budgeting while 41% 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 Delicias

Low-cost alternatives in Delicias

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 options51%

Few low-cost options49%


Based on the survey, 51% of the people living in Delicias have no problem finding low-cost alternatives to support a frugal lifestyle while 49% 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 Delicias whether they have an emergency fund and the answers were as follows.

Yes58%

No42%


Based on the survey, 42% of the people living in Delicias said that they don't have an emergency fund while 58% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Delicias

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 Delicias

Financial goals of people in Delicias

In an attempt to understand the economic situation in Delicias, 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 Reduction36%
Retirement Savings9%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle9%
Healthcare Expenses11%
Financial Independence7%

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 36% 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 Delicias

What does the retirement lifestyle look like in Delicias 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 Delicias:
AgeAmount
25120,000 MXN
30250,000 MXN
35430,000 MXN
40620,000 MXN
45930,000 MXN
501.3M MXN
551.5M MXN
601.9M MXN
652.3M MXN

Retirement Income Distribution

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

Source% People
Pensions13%
Savings22%
Investments13%
Social Security8%
Annuities8%
Part-time Job12%
Real Estate17%
Dividends and Interest8%

Retirement Monthly Expenses in Delicias

2,500 MXN
$150
23,000 MXN
$1,300
150,000 MXN
$8,900
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Delicias

Debt, loans, and mortgages in Delicias


Percentage of people who are in debt


In Debt
21%
Debt Free
79%

According to the survey, 21% of the people in Delicias have some kind of debt, loan, mortgage, or credit card payments while 79% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Delicias

Debt-to-income ratio in Delicias

Debt to income ratio

24%

15% to 31%

( 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 24% of the people's monthly income in Delicias goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%14%
40% - 50%12%
30% - 40%14%
20% - 30%13%
10% - 20%16%
0% - 10%27%

According to our data, 3% of the debtors in Delicias pay 60%+ of their income as debt settlement while 14% 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 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 Delicias

Debt% People
Real Estate Mortgage11%
Auto Loan20%
Student Loan3%
Credit Card27%
Personal Loan39%

11% of debtors in Delicias 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 20% of people and personal loans rose at 39%. Lastly, student loans are the main source of debt for 3% of debtors in Delicias.


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 Delicias

Besides measuring the loan-to-income ratio, we asked residents of Delicias 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
Never53%
Once a year23%
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 Delicias

Housing costs, accommodation, and housing affordability in Delicias

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


Rent Cost in Delicias

Monthly Rent Prices

Studio apartment monthly rent cost

4,000 MXN 5,900 MXN 16,000 MXN
MINIMUM AVERAGE MAXIMUM
$230 $350 $930

1-bedroom apartment monthly rent cost

5,900 MXN 9,500 MXN 24,000 MXN
MINIMUM AVERAGE MAXIMUM
$350 $560 $1,400

2-bedroom apartment monthly rent cost

7,900 MXN 12,000 MXN 32,000 MXN
MINIMUM AVERAGE MAXIMUM
$470 $700 $1,900

3-bedroom apartment monthly rent cost

9,500 MXN 16,000 MXN 43,000 MXN
MINIMUM AVERAGE MAXIMUM
$560 $930 $2,500

Furnished apartment monthly rent cost

19,000 MXN 48,000 MXN 95,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,100 $2,800 $5,600

Townhouse monthly rent cost

16,000 MXN 24,000 MXN 68,000 MXN
MINIMUM AVERAGE MAXIMUM
$930 $1,400 $4,000

House monthly rent cost

19,000 MXN 48,000 MXN 95,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,100 $2,800 $5,600

Villa monthly rent cost

24,000 MXN 59,000 MXN 95,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,400 $3,500 $5,600

The monthly rental cost of a studio apartment in Delicias ranges between 4,000 MXN and 16,000 MXN, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 5,900 MXN to 24,000 MXN. Two-bedroom rentals rate ranges between 7,900 MXN and 32,000 MXN per month. The monthly rental for a three-bedroom apartment ranges from 9,500 MXN to 43,000 MXN. The average rent of a townhouse in Delicias is around 24,000 MXN while house rental costs can be as high as 48,000 MXN per month. Finally, if you want to rent a villa, expect to pay anywhere from 24,000 MXN to 95,000 MXN per month.



Apartment and house prices in Delicias

Cost of buying a property

Studio apartment price

790,000 MXN 1.2M MXN 2.4M MXN
MINIMUM AVERAGE MAXIMUM
$47,000 $70,000 $140,000

1-bedroom apartment price

950,000 MXN 1.6M MXN 5.9M MXN
MINIMUM AVERAGE MAXIMUM
$56,000 $93,000 $350,000

2-bedroom apartment price

1.6M MXN 4.8M MXN 9.5M MXN
MINIMUM AVERAGE MAXIMUM
$93,000 $280,000 $560,000

3-bedroom apartment price

5.3M MXN 7.9M MXN 24M MXN
MINIMUM AVERAGE MAXIMUM
$310,000 $470,000 $1.4M

Townhouse price

6.8M MXN 16M MXN 59M MXN
MINIMUM AVERAGE MAXIMUM
$400,000 $930,000 $3.5M

House price

7.9M MXN 48M MXN 68M MXN
MINIMUM AVERAGE MAXIMUM
$470,000 $2.8M $4M

Villa price

9.5M MXN 53M MXN 79M MXN
MINIMUM AVERAGE MAXIMUM
$560,000 $3.1M $4.7M

The average price of a studio apartment in Delicias can range from 790,000 MXN to 2.4M MXN depending on location. One bedroom cost can be anywhere from 950,000 MXN to 5.9M MXN. A villa can cost you 53M MXN on average with prices ranging from 9.5M MXN to 79M MXN.


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


36 x106 monthly income 183
MINIMUM AVERAGE MAXIMUM

Property prices in Delicias can be x106 to x183 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x106 multiples of the average monthly salary in Delicias.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


19% 28% of income 36%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Delicias is around 28%. This means that people pay 28% of their income for rent. Those figures can range from 19% to 36% 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
26%

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.


69 MXN 900 MXN 9,000 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 Delicias

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / Individual

260 MXN 1,900 MXN 12,000 MXN
MINIMUM AVERAGE MAXIMUM
$16 $110 $730

Utility Bill Cost / Electricity + Water + Gas / Couple

690 MXN 2,300 MXN 15,000 MXN
MINIMUM AVERAGE MAXIMUM
$41 $140 $900

Utility Bill Cost / Electricity + Water + Gas / Family

1,200 MXN 3,500 MXN 22,000 MXN
MINIMUM AVERAGE MAXIMUM
$71 $200 $1,300

Internet and cable cost

290 MXN 580 MXN 780 MXN
MINIMUM AVERAGE MAXIMUM
$17 $34 $46

Mobile phone bill and charges

230 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 Delicias ranges between 260 MXN and 12,000 MXN with average being 1,900 MXN, meanwhile the expenditure of couples is slightly higher at 2,300 MXN with 690 MXN and 15,000 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 3,500 MXN. The cost of internet and WiFi is unchanged among the three groups and ranges from 290 MXN to 780 MXN with 580 MXN being the average internet bill. Finally, the average monthly mobile charges is around 390 MXN but can range between 230 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


1.7% 4.2% of income 7.6%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Delicias is around 4.2%. This means that people pay 4.2% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.7% to 7.6% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Delicias

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


Prices and cost of goods and services in Delicias

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

Fast food combo meal price

58 MXN 120 MXN 190 MXN
MINIMUM AVERAGE MAXIMUM
$3.4 $6.9 $11

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Delicias is approximatly 120 MXN with meal cost ranging from 58 MXN to 190 MXN. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

180 MXN 260 MXN 530 MXN
MINIMUM AVERAGE MAXIMUM
$10 $16 $31

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 180 MXN and 530 MXN with 260 MXN being the average price of a plate for one person at a regular restaurant in Delicias.

Fine dining meal for one price

350 MXN 530 MXN 2,100 MXN
MINIMUM AVERAGE MAXIMUM
$21 $31 $120

The price range of a meal at fine-dining restaurant is 350 MXN to 2,100 MXN with the average cost being 530 MXN for one person. This is what you would expect to pay a top-tier diner in Delicias.

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 Delicias 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 58 MXN
MINIMUM AVERAGE MAXIMUM
$2.3 $2.7 $3.4

The average price of a large bottle of milk in Delicias is 47 MXN. The maximum what you would pay for milk is 58 MXN and the minimum being 39 MXN depending on the brand of milk and other properties.

12 eggs price

29 MXN 39 MXN 58 MXN
MINIMUM AVERAGE MAXIMUM
$1.7 $2.3 $3.4

A dozen eggs costs around 39 MXN on average with 29 MXN and 58 MXN being the lower and upper limits respectively.

Fresh whole chicken price

66 MXN 86 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$3.9 $5 $7.2

The price range of a fresh whole chicken in Delicias is between 66 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 230 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

31 MXN 43 MXN 61 MXN
MINIMUM AVERAGE MAXIMUM
$1.8 $2.5 $3.6

A bag of rice in Delicias costs around 43 MXN on average with prices rangeing between 31 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 $2.6

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


14% 21% of income 26%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Delicias is around 21%. This means that people spend 21% of their income on grocery and basic household items. The expenditure can range from 14% to 26% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 5,000 MXN per month on grocery and food with expenditure fluctuating between 710 MXN and 33,000 MXN depending on location and the type of person. The average cost of food and groceries for a couple is around 7,300 MXN per month. That number can be get as low as 2,400 MXN or a high as 39,000 MXN. Families' spending on grocery ranges from 4,400 MXN to 81,000 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 Delicias

Housing cost for a single person32%

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

LOW$94   1,600 MXN
AVERAGE$660   11,000 MXN
HIGH$4,400   75,000 MXN
Per Month

Utilities, Electricity, Water, Internet, Mobile8%

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

LOW$16   260 MXN
AVERAGE$110   1,900 MXN
HIGH$730   12,000 MXN
Per Month

Transport and Fuel Cost6%

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

LOW$21   350 MXN
AVERAGE$150   2,500 MXN
HIGH$980   17,000 MXN
Per Month

Food and Groceries Cost18%

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

LOW$42   710 MXN
AVERAGE$290   5,000 MXN
HIGH$2,000   33,000 MXN
Per Month

Healthcare Cost11%

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

LOW$23   400 MXN
AVERAGE$170   2,800 MXN
HIGH$1,100   19,000 MXN
Per Month

Leisure and Shopping Expenditure3%

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

LOW$13   220 MXN
AVERAGE$92   1,600 MXN
HIGH$610   10,000 MXN
Per Month

Education Cost2%

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

LOW$5.2   88 MXN
AVERAGE$37   620 MXN
HIGH$240   4,200 MXN
Per Month

Other Expenses21%

21% of total expenses on average (13% to 25%)

LOW$47   790 MXN
AVERAGE$330   5,600 MXN
HIGH$2,200   37,000 MXN
Per Month


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

Housing cost for a couple29%

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

LOW$350   5,900 MXN
AVERAGE$1,000   18,000 MXN
HIGH$5,600   94,000 MXN
Per Month

Utilities, Electricity, Water, Internet, Mobile7%

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

LOW$41   690 MXN
AVERAGE$140   2,300 MXN
HIGH$900   15,000 MXN
Per Month

Transport and Fuel Cost10%

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

LOW$120   2,100 MXN
AVERAGE$370   6,200 MXN
HIGH$2,000   33,000 MXN
Per Month

Food and Groceries Cost16%

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

LOW$140   2,400 MXN
AVERAGE$430   7,300 MXN
HIGH$2,300   39,000 MXN
Per Month

Healthcare Cost13%

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

LOW$110   1,900 MXN
AVERAGE$340   5,700 MXN
HIGH$1,800   30,000 MXN
Per Month

Leisure and Shopping Cost4%

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

LOW$61   1,000 MXN
AVERAGE$180   3,100 MXN
HIGH$980   17,000 MXN
Per Month

Education Cost2%

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

LOW$20   350 MXN
AVERAGE$61   1,000 MXN
HIGH$330   5,500 MXN
Per Month

Other Expenses20%

20% of total expenses on average (14% to 26%)

LOW$170   2,900 MXN
AVERAGE$520   8,800 MXN
HIGH$2,800   47,000 MXN
Per Month


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

Housing cost for a family28%

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

LOW$460   7,800 MXN
AVERAGE$1,300   22,000 MXN
HIGH$8,500   140,000 MXN
Per Month

Utilities, Electricity, Water, Internet, Mobile5%

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

LOW$71   1,200 MXN
AVERAGE$200   3,500 MXN
HIGH$1,300   22,000 MXN
Per Month

Transport and Fuel Expenses6%

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

LOW$140   2,400 MXN
AVERAGE$410   6,900 MXN
HIGH$2,700   45,000 MXN
Per Month

Food and Groceries Cost20%

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

LOW$260   4,400 MXN
AVERAGE$730   12,000 MXN
HIGH$4,800   81,000 MXN
Per Month

Healthcare Expenses10%

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

LOW$130   2,200 MXN
AVERAGE$410   6,900 MXN
HIGH$2,100   36,000 MXN
Per Month

Leisure and Shopping Cost3%

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

LOW$71   1,200 MXN
AVERAGE$200   3,500 MXN
HIGH$1,300   22,000 MXN
Per Month

Education Cost14%

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

LOW$200   3,400 MXN
AVERAGE$570   9,700 MXN
HIGH$3,700   63,000 MXN
Per Month

Other Expenses15%

15% of total expenses on average (8% to 20%)

LOW$110   1,900 MXN
AVERAGE$330   5,500 MXN
HIGH$2,100   36,000 MXN
Per Month


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

Housing costs for Student20%

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

LOW$49   830 MXN
AVERAGE$320   5,400 MXN
HIGH$2,100   36,000 MXN
Per Month

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

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

LOW$8.2   140 MXN
AVERAGE$53   900 MXN
HIGH$360   6,000 MXN
Per Month

Transport and Fuel Cost5%

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

LOW$14   240 MXN
AVERAGE$93   1,600 MXN
HIGH$620   11,000 MXN
Per Month

Food and Groceries Expenditure22%

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

LOW$41   690 MXN
AVERAGE$270   4,500 MXN
HIGH$1,800   30,000 MXN
Per Month

Healthcare Cost8%

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

LOW$12   210 MXN
AVERAGE$80   1,400 MXN
HIGH$530   9,000 MXN
Per Month

Leisure and Shopping Cost3%

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

LOW$10   170 MXN
AVERAGE$67   1,100 MXN
HIGH$440   7,500 MXN
Per Month

Education Cost19%

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

LOW$39   660 MXN
AVERAGE$250   4,300 MXN
HIGH$1,700   29,000 MXN
Per Month

Other Expenses18%

18% of total expenses on average (12% to 24%)

LOW$31   520 MXN
AVERAGE$200   3,400 MXN
HIGH$1,300   23,000 MXN
Per Month
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