Cost Of Living For a Family in Poza Rica 2024

Family cost of living chart - average monthly expenditure in Poza Rica

Average monthly spending for families in Poza Rica

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: MXN
26,000 75,000 490,000
MINIMUM AVERAGE MAXIMUM
$1,500 $4,400 $29,000

How much money does a family need in a month to survive in Poza Rica?

Families in Poza Rica spend around 75,000 MXN per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 26,000 MXN or as high as 490,000 MXN. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Poza Rica


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

Dining, food, and beverages costs


Fast food combo meal

57 MXN 110 MXN 190 MXN
MINIMUM AVERAGE MAXIMUM
$3.3 $6.7 $11

Restaurant meal for one

180 MXN 270 MXN 540 MXN
MINIMUM AVERAGE MAXIMUM
$11 $16 $32

Fine dining meal for one

360 MXN 540 MXN 2,200 MXN
MINIMUM AVERAGE MAXIMUM
$21 $32 $130

Cappuccino or latte

47 MXN 75 MXN 110 MXN
MINIMUM AVERAGE MAXIMUM
$2.8 $4.4 $6.7

Grocery and market costs


Milk large bottle

38 MXN 45 MXN 57 MXN
MINIMUM AVERAGE MAXIMUM
$2.2 $2.7 $3.3

12 eggs

28 MXN 38 MXN 57 MXN
MINIMUM AVERAGE MAXIMUM
$1.7 $2.2 $3.3

Fresh whole chicken

64 MXN 83 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$3.8 $4.9 $6.9

Pack of beef

75 MXN 110 MXN 230 MXN
MINIMUM AVERAGE MAXIMUM
$4.4 $6.7 $13

Medium bag of rice

30 MXN 42 MXN 59 MXN
MINIMUM AVERAGE MAXIMUM
$1.8 $2.5 $3.5

Bag of tomatos

11 MXN 15 MXN 28 MXN
MINIMUM AVERAGE MAXIMUM
$0.67 $0.89 $1.7

Bag of apples

20 MXN 26 MXN 43 MXN
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.6
Chart showing the prices and cost of commute, travel, and transportation in Poza Rica


Commute, travel, and transportation costs


20 minutes taxi ride

45 MXN 54 MXN 110 MXN
MINIMUM AVERAGE MAXIMUM
$2.7 $3.2 $6.4

Average car full tank

280 MXN 380 MXN 750 MXN
MINIMUM AVERAGE MAXIMUM
$17 $22 $44

Average car 1-day rental

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

Average car price

140,000 MXN 280,000 MXN 380,000 MXN
MINIMUM AVERAGE MAXIMUM
$8,300 $17,000 $22,000

Bus ticket one way

8.6 MXN 13 MXN 26 MXN
MINIMUM AVERAGE MAXIMUM
$0.51 $0.76 $1.5

Car Service

340 MXN 510 MXN 1,000 MXN
MINIMUM AVERAGE MAXIMUM
$20 $30 $61
Chart showing the prices and cost of utility, energy, water, and gas in Poza Rica


Utility cost (monthly)


Utility Bill - Family

1,300 MXN 3,700 MXN 24,000 MXN
MINIMUM AVERAGE MAXIMUM
$77 $220 $1,400

Internet and cable

280 MXN 570 MXN 750 MXN
MINIMUM AVERAGE MAXIMUM
$17 $33 $44

Mobile phone charges

230 MXN 380 MXN 1,100 MXN
MINIMUM AVERAGE MAXIMUM
$13 $22 $67

Leisure and activities costs


Movie ticket

140 MXN 190 MXN 280 MXN
MINIMUM AVERAGE MAXIMUM
$8.3 $11 $17

One month gym membership

410 MXN 510 MXN 1,000 MXN
MINIMUM AVERAGE MAXIMUM
$24 $30 $61
Chart showing the prices and cost of clothing and accessories in Poza Rica


Cloths and accessories costs


Pair of jeans or pants

300 MXN 430 MXN 640 MXN
MINIMUM AVERAGE MAXIMUM
$18 $25 $38

Woman dress

290 MXN 400 MXN 1,300 MXN
MINIMUM AVERAGE MAXIMUM
$17 $23 $76

Woman shoes

270 MXN 370 MXN 860 MXN
MINIMUM AVERAGE MAXIMUM
$16 $22 $51

Men's shoes

230 MXN 290 MXN 570 MXN
MINIMUM AVERAGE MAXIMUM
$14 $17 $34

Men suit

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

Regular t-shirt

130 MXN 170 MXN 510 MXN
MINIMUM AVERAGE MAXIMUM
$7.6 $10 $30
Chart showing the prices and cost of housing, accommodation, and rent in Poza Rica


Housing costs / monthly rent


Studio apartment

4,300 MXN 6,400 MXN 17,000 MXN
MINIMUM AVERAGE MAXIMUM
$250 $380 $1,000

1-bedroom apartment

6,400 MXN 10,000 MXN 26,000 MXN
MINIMUM AVERAGE MAXIMUM
$380 $610 $1,500

2-bedroom apartment

8,600 MXN 13,000 MXN 34,000 MXN
MINIMUM AVERAGE MAXIMUM
$510 $760 $2,000

Housing costs / Buying


Studio apartment

860,000 MXN 1.3M MXN 2.6M MXN
MINIMUM AVERAGE MAXIMUM
$51,000 $76,000 $150,000

1-bedroom apartment

1M MXN 1.7M MXN 6.4M MXN
MINIMUM AVERAGE MAXIMUM
$61,000 $100,000 $380,000

2-bedroom apartment

1.7M MXN 5.1M MXN 10M MXN
MINIMUM AVERAGE MAXIMUM
$100,000 $300,000 $610,000
Chart showing the prices and cost of furniture in Poza Rica


Furniture Costs


King Size Bed

5,700 MXN 7,100 MXN 9,400 MXN
MINIMUM AVERAGE MAXIMUM
$330 $420 $560

Double Bed

3,800 MXN 5,700 MXN 7,100 MXN
MINIMUM AVERAGE MAXIMUM
$220 $330 $420

Single Bed

3,300 MXN 4,300 MXN 5,700 MXN
MINIMUM AVERAGE MAXIMUM
$200 $260 $330

Living Room

6,300 MXN 8,100 MXN 28,000 MXN
MINIMUM AVERAGE MAXIMUM
$370 $480 $1,700

Dining Table

2,800 MXN 3,800 MXN 7,100 MXN
MINIMUM AVERAGE MAXIMUM
$170 $220 $420

Sofa or Couch

3,800 MXN 5,100 MXN 11,000 MXN
MINIMUM AVERAGE MAXIMUM
$220 $300 $670
Chart showing the prices and cost of electronic devices and appliances in Poza Rica


Electronics and House Appliance Costs


TV Set

3,800 MXN 5,700 MXN 11,000 MXN
MINIMUM AVERAGE MAXIMUM
$220 $330 $670

Fridge or Freezer

3,300 MXN 5,100 MXN 7,100 MXN
MINIMUM AVERAGE MAXIMUM
$200 $300 $420

Washing Machine

4,300 MXN 6,300 MXN 11,000 MXN
MINIMUM AVERAGE MAXIMUM
$260 $370 $670

Stove or Cooker

4,000 MXN 5,100 MXN 7,100 MXN
MINIMUM AVERAGE MAXIMUM
$240 $300 $420

Mobile Phone

4,700 MXN 5,700 MXN 8,100 MXN
MINIMUM AVERAGE MAXIMUM
$280 $330 $480

Laptop or Computer

5,100 MXN 6,300 MXN 11,000 MXN
MINIMUM AVERAGE MAXIMUM
$300 $370 $670
Family cost of living and expenditure to income ratio in Poza Rica

Family expenditure to income ratio in Poza Rica

Analysing the how affordable it is for families to live in Poza Rica

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. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

80%

71% to 88%

( expenditure / income ) x 100


Families in Poza Rica spend around 80% of their monthly income. Some families spend as low as 71% of their income while some as high as 88%.

Distribution of monthly cost of living expenses of a family in Poza Rica

How do families spend their money in Poza Rica?

We asked thousands of families about their spending habits and expenditure break down.


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 and accomodation expenditure for families

Accomodation Cost27%

27% of total expenses on average (22% to 37%)

LOW$490   8,400 MXN
AVERAGE$1,400   24,000 MXN
HIGH$9,200   160,000 MXN
Per Month

Families in Poza Rica typically spend from 22% to 37% of their total monthly expenditure on housing with 27% being the average. The average monthly spend on housing is 24,000 MXN with expenditure ranging from 8,400 MXN to 160,000 MXN. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for families

Cost of utilities5%

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

LOW$77   1,300 MXN
AVERAGE$220   3,700 MXN
HIGH$1,400   24,000 MXN
Per Month

Utility expenditure like electricity, water, and gas in Poza Rica ranges from 3% to 8% of total expenses with 5% being the average for most families. The average monthly cost of utilities is 3,700 MXN with 1,300 MXN and 24,000 MXN being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel6%

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

LOW$150   2,600 MXN
AVERAGE$440   7,500 MXN
HIGH$2,900   49,000 MXN
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 2,600 MXN to 49,000 MXN in a month on commuting with 7,500 MXN being the norm for most families. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 4% or as high as 8%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost20%

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

LOW$280   4,700 MXN
AVERAGE$800   13,000 MXN
HIGH$5,200   88,000 MXN
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Poza Rica is 13,000 MXN. The cost of groceries can range between 4,700 MXN to 88,000 MXN. Families spend on average about 20% on food and groceries with upper and lower bounds of 13% and 26% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare10%

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

LOW$140   2,400 MXN
AVERAGE$440   7,500 MXN
HIGH$2,300   39,000 MXN
Per Month

Families in Poza Rica allocate 6% to 15% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 10%. The range of medical expenses range from 2,400 MXN to 39,000 MXN with 7,500 MXN being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping3%

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

LOW$77   1,300 MXN
AVERAGE$220   3,700 MXN
HIGH$1,400   24,000 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 1,300 MXN to 24,000 MXN with 3,700 MXN being the average. Speaking of percentages, that equates to 2% to 7% of total expenses with an average of 3% for most families.

Education and schooling expenditure for families

Cost of education and schooling14%

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

LOW$220   3,700 MXN
AVERAGE$620   10,000 MXN
HIGH$4,000   68,000 MXN
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 14% of the monthly expenditure of families with 7% and 22% being the lower and upper bounds respectively. The average reported education cost is 10,000 MXN per month with 3,700 MXN being the minimum spent amount and 68,000 MXN being the maximum.

Other Expenses15%

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

LOW$120   2,100 MXN
AVERAGE$350   6,000 MXN
HIGH$2,300   39,000 MXN
Per Month
Percentage of families who manage to save money from their income every month in Poza Rica

What percentage of families in Poza Rica are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
53%
Not Saving
47%

Almost 53% of surveyed families in Poza Rica said that they can save some money at the end of each month while 47% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Poza Rica

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.


How much money do families manage to add to their savings?

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.

Saving to Income Ratio

11% 18% of income 28%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

9,800 MXN
$580
28,000 MXN
$1,700
180,000 MXN
$11,000
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 that are able to save money can put anywhere from 11% to 28% of their monthly income to their savings, with 18% being the average for most families. The average monthly amount of money that families can put aside is 28,000 MXN with 9,800 MXN and 180,000 MXN being the minimum and maximum respectively.

Reasons that make it difficult for families to save money in Poza Rica

Saving Challenges in Poza Rica

Reasons that make it difficult for families to save money

We wanted to understand what is stopping families from maximizing their savings in Poza Rica. 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 later19%
Inflation12%
Social Pressure3%
Market Instability3%

Around 6% of the families 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% of families blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 19% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 12% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do families choose to put their savings in Poza Rica

Typical saving choices for families in Poza Rica

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 for families to live in Poza Rica

Affordable living in Poza Rica

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Poza Rica?


Yes
64%
No
36%

Around 64% of surveyed families think that living in Poza Rica is affordable with proper budgeting while 36% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Poza Rica

Low-cost alternatives in Poza Rica

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 families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options55%

Few low-cost options45%


Based on the survey, 55% of the families living in Poza Rica have no problem finding low-cost alternatives to support a frugal lifestyle while 45% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Families

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 families of Poza Rica whether they have an emergency fund and the answers were as follows.

Yes63%

No37%


Based on the survey, 37% of the families living in Poza Rica said that they don't have an emergency fund while 63% said that they do.

Financial literacy and difficulty in budgeting and financial planning for families in Poza Rica

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 family guardians and parents in Poza Rica 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 families 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 families living in Poza Rica

Financial goals of families in Poza Rica

In an attempt to understand the economic situation in Poza Rica, 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 Reduction37%
Retirement Savings9%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle9%
Healthcare Expenses11%
Financial Independence7%

Around 7% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 37% 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.

Chart showing the percentage of families who are in debt in Poza Rica

Debt, loans, and mortgages in Poza Rica


Percentage of families who are in debt


In Debt
23%
Debt Free
77%

According to the survey, 23% of the families in Poza Rica 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 Poza Rica

Debt-to-income ratio in Poza Rica

Debt to income ratio

26%

17% 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 26% of a family's monthly income in Poza Rica 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%13%
30% - 40%15%
20% - 30%13%
10% - 20%16%
0% - 10%27%

According to our data, 3% of the debtors in Poza Rica 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. 13% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 15% dedicated 30% to 40% of income for same. Things are looking brighter for 13% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Poza Rica

Debt% People
Real Estate Mortgage11%
Auto Loan19%
Student Loan3%
Credit Card27%
Personal Loan39%

11% of debtors in Poza Rica confirm that real estate mortgages constitutes the main part of their outstanding debt while 27% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 19% of people and personal loans rose at 39%. Lastly, student loans are the main source of debt for 3% of debtors in Poza Rica.


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 Poza Rica

Besides measuring the loan-to-income ratio, we asked families of Poza Rica 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 Poza Rica

Housing costs, accommodation, and housing affordability in Poza Rica

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


Rent Cost in Poza Rica

Monthly Rent Prices

Studio apartment monthly rent cost

4,300 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 26,000 MXN
MINIMUM AVERAGE MAXIMUM
$380 $610 $1,500

2-bedroom apartment monthly rent cost

8,600 MXN 13,000 MXN 34,000 MXN
MINIMUM AVERAGE MAXIMUM
$510 $760 $2,000

3-bedroom apartment monthly rent cost

10,000 MXN 17,000 MXN 47,000 MXN
MINIMUM AVERAGE MAXIMUM
$610 $1,000 $2,800

Furnished apartment monthly rent cost

21,000 MXN 51,000 MXN 100,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,200 $3,000 $6,100

Townhouse monthly rent cost

17,000 MXN 26,000 MXN 74,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,000 $1,500 $4,300

House monthly rent cost

21,000 MXN 51,000 MXN 100,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,200 $3,000 $6,100

Villa monthly rent cost

26,000 MXN 64,000 MXN 100,000 MXN
MINIMUM AVERAGE MAXIMUM
$1,500 $3,800 $6,100

The monthly rental cost of a studio apartment in Poza Rica ranges between 4,300 MXN and 17,000 MXN, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 6,400 MXN to 26,000 MXN. Two-bedroom rentals rate ranges between 8,600 MXN and 34,000 MXN per month. The monthly rental for a three-bedroom apartment ranges from 10,000 MXN to 47,000 MXN. The average rent of a townhouse in Poza Rica is around 26,000 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 26,000 MXN to 100,000 MXN per month.



Apartment and house prices in Poza Rica

Cost of buying a property

Studio apartment price

860,000 MXN 1.3M MXN 2.6M MXN
MINIMUM AVERAGE MAXIMUM
$51,000 $76,000 $150,000

1-bedroom apartment price

1M MXN 1.7M MXN 6.4M MXN
MINIMUM AVERAGE MAXIMUM
$61,000 $100,000 $380,000

2-bedroom apartment price

1.7M MXN 5.1M MXN 10M MXN
MINIMUM AVERAGE MAXIMUM
$100,000 $300,000 $610,000

3-bedroom apartment price

5.7M MXN 8.6M MXN 26M MXN
MINIMUM AVERAGE MAXIMUM
$340,000 $510,000 $1.5M

Townhouse price

7.4M MXN 17M MXN 64M MXN
MINIMUM AVERAGE MAXIMUM
$430,000 $1M $3.8M

House price

8.6M MXN 51M MXN 74M MXN
MINIMUM AVERAGE MAXIMUM
$510,000 $3M $4.3M

Villa price

10M MXN 57M MXN 86M MXN
MINIMUM AVERAGE MAXIMUM
$610,000 $3.4M $5.1M

The average price of a studio apartment in Poza Rica can range from 860,000 MXN to 2.6M 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 86M MXN.


If you're leasing or purchasing, housing costs in Poza Rica 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 x115 monthly income 198
MINIMUM AVERAGE MAXIMUM

Property prices in Poza Rica can be x115 to x198 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x115 multiples of the average monthly salary in Poza Rica.



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 Poza Rica 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
2.3%
AVERAGE
3.3%
TO
4.3%

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.


75 MXN 970 MXN 9,700 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 Poza Rica

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Poza Rica

Utility Bill Cost / Electricity + Water + Gas / Family

1,300 MXN 3,700 MXN 24,000 MXN
MINIMUM AVERAGE MAXIMUM
$77 $220 $1,400

Internet and cable cost

280 MXN 570 MXN 750 MXN
MINIMUM AVERAGE MAXIMUM
$17 $33 $44

Mobile phone bill and charges

230 MXN 380 MXN 1,100 MXN
MINIMUM AVERAGE MAXIMUM
$13 $22 $67

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 energy and water consumption of families is around 3,700 MXN. The cost of internet and WiFi ranges from 280 MXN to 750 MXN with 570 MXN being the average internet bill. Finally, the average monthly mobile charges is around 380 MXN but can range between 230 MXN and 1,100 MXN depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1.8% 4.6% of income 8.2%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Poza Rica is around 4.6%. This means that people pay 4.6% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.8% to 8.2% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Poza Rica

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


Prices and cost of goods and services in Poza Rica

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

Fast food combo meal price

57 MXN 110 MXN 190 MXN
MINIMUM AVERAGE MAXIMUM
$3.3 $6.7 $11

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Poza Rica is approximatly 110 MXN with meal cost ranging from 57 MXN to 190 MXN. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

180 MXN 270 MXN 540 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 540 MXN with 270 MXN being the average price of a plate for one person at a regular restaurant in Poza Rica.

Fine dining meal for one price

360 MXN 540 MXN 2,200 MXN
MINIMUM AVERAGE MAXIMUM
$21 $32 $130

The price range of a meal at fine-dining restaurant is 360 MXN to 2,200 MXN with the average cost being 540 MXN for one person. This is what you would expect to pay a top-tier diner in Poza Rica.

Beverage prices, cappuccino, latte etc..

47 MXN 75 MXN 110 MXN
MINIMUM AVERAGE MAXIMUM
$2.8 $4.4 $6.7

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Poza Rica is around 75 MXN. Price ranges between 47 MXN and 110 MXN depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

38 MXN 45 MXN 57 MXN
MINIMUM AVERAGE MAXIMUM
$2.2 $2.7 $3.3

The average price of a large bottle of milk in Poza Rica is 45 MXN. The maximum what you would pay for milk is 57 MXN and the minimum being 38 MXN depending on the brand of milk and other properties.

12 eggs price

28 MXN 38 MXN 57 MXN
MINIMUM AVERAGE MAXIMUM
$1.7 $2.2 $3.3

A dozen eggs costs around 38 MXN on average with 28 MXN and 57 MXN being the lower and upper limits respectively.

Fresh whole chicken price

64 MXN 83 MXN 120 MXN
MINIMUM AVERAGE MAXIMUM
$3.8 $4.9 $6.9

The price range of a fresh whole chicken in Poza Rica is between 64 MXN and 120 MXN depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 83 MXN.

Pack of beef price

75 MXN 110 MXN 230 MXN
MINIMUM AVERAGE MAXIMUM
$4.4 $6.7 $13

The price of a regular pack of beef or meat is around 110 MXN. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

30 MXN 42 MXN 59 MXN
MINIMUM AVERAGE MAXIMUM
$1.8 $2.5 $3.5

A bag of rice in Poza Rica costs around 42 MXN on average with prices rangeing between 30 MXN and 59 MXN depending on the brand and quality.

Bag of tomatos price

11 MXN 15 MXN 28 MXN
MINIMUM AVERAGE MAXIMUM
$0.67 $0.89 $1.7

A bag of tomatoes costs anywhere from 11 MXN to 28 MXN. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

20 MXN 26 MXN 43 MXN
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.6

A bag of apples costs 26 MXN on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


16% 23% of income 28%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Poza Rica is around 23%. This means that families spend 23% of their income on grocery and basic household items. The expenditure can range from 16% to 28% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 4,700 MXN to 88,000 MXN with the location, income, and size of the family being the most determinite factors.

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