Cost Of Living in Xalapa 2024

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

Whether you're living in Xalapa 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.

Singles

The average monthly expense for a single person living in Xalapa is 41,000 MXN. Expenses can range from 5,800 MXN at the minimum level to 270,000 MXN at the highest end.

Couples

The average monthly spending of couples in Xalapa is 68,000 MXN. Expenditure can range from 23,000 MXN to 360,000 MXN per month.

Families

The average cost of living for families in Xalapa is 90,000 MXN per month. Families spend anywhere from 32,000 MXN to 590,000 MXN.

Students

The average monthly expenditure for students in Xalapa is 30,000 MXN. Students spend from 4,500 MXN to 200,000 MXN per month.

Expenditure to Income Ratio in Xalapa

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.

Expense to income distribution levels

Interpretation and Analysis

The average spending-to-salary ratio in Xalapa is 92% This means that on average, people spend around 92% of their income for living. According to the distribution table, 17% of the population spend approximately 60% to 70% of their income every month.

Individual
83%
Spending-Income-Ratio

---

74%

92%

Couple
87%
Spending-Income-Ratio

---

78%

97%

Family
96%
Spending-Income-Ratio

---

86%

110%

How do people spend their money in Xalapa?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

People living in Xalapa typically spend from 14% to 33% of their total monthly expenditure on housing with 25% being the average. The average spend on housing is 18,000 MXN with expenditure ranging from 1,400 MXN to 180,000 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.

Utility expenditure like electricity, water, and gas in Xalapa ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 2,900 MXN with 230 MXN and 29,000 MXN being the upper and lower limits.

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 450 MXN to 59,000 MXN on commuting with 5,900 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%.

The average outlay on groceries in a month in Xalapa is 15,000 MXN. The cost of groceries can range between 1,100 MXN to 150,000 MXN. People spend on average about 27% on food and groceries with upper and lower bounds of 19% and 33% respectively.

People in Xalapa 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 320 MXN to 41,000 MXN with 4,100 MXN being the norm.

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 180 MXN to 24,000 MXN with 2,400 MXN being the average. Speaking of percentages, that equates to 3% to 9% of total expenses with an average of 5% for most residents.

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 3,500 MXN per month with 270 MXN being the minimum spent amount and 35,000 MXN being the maximum.

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

Almost 73% of the surveyed people in Xalapa said that they can save some money at the end of each month while 27% said that aren't saving anything.

Percentage of people saving money by population group in Xalapa

Saving to Income Ratio

Average Monthly Saved Amount

For most people, 14% to 37% of their monthly income is what they can allocate to their savings, with 24% being the average. The amount of money that people can save is approximately 22,000 MXN on average with savings ranging from 1,700 MXN to 220,000 MXN.

75% of surveyed singles reported some of their income going to savings while 70% of couples said the same. 64% of families confirmed their ability to save money.

How much money do people actually save in Xalapa?

Singles

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for singles

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 18% to 39% of their monthly income to savings, with 29% being the average for most singles. The average amount of money that singles are able to save is 15,000 MXN with 1,700 MXN and 100,000 MXN being the minimum and maximum respectively.

Couples

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for couples

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 16% to 38% of their monthly income, with 27% being the average for most couples. The average amount of money that couples can save is 25,000 MXN with 8,500 MXN and 140,000 MXN being the minimum and maximum respectively.

Families

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for families

Interpretation and Analysis

Families in Xalapa can save anywhere between 13% to 33% of their monthly income, with 22% being the average for most families. The average amount of money that families can put aside is 34,000 MXN with 12,000 MXN and 220,000 MXN being the minimum and maximum respectively.

Saving Challenges in Xalapa

Reasons that make it difficult for people to save money

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

Around 6% of the people said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 16% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 10% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 19% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 12% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Typical saving choices for people in Xalapa

Where do people choose to put their savings?

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

Affordable living in Xalapa

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Xalapa?

Around 77% of surveyed residents think that living in Xalapa is affordable with proper budgeting while 23% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Xalapa

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 options66%

Few low-cost options34%

Based on the survey, 66% of the people living in Xalapa have no problem finding low-cost alternatives to support a frugal lifestyle while 34% 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 Xalapa whether they have an emergency fund and the answers were as follows.

Yes76%

No24%

Based on the survey, 24% of the people living in Xalapa said that they don't have an emergency fund while 76% said that they do.

Financial Literacy in Mexico

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy65%

We asked residents of Mexico whether they acquired any adequate personal financial training in their lives. Approximately 35% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 65% said that they know about the general principles of personal finance from sources other than their own experience.

Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of Mexico have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 28% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 72% said that they have everything under control.

Struggles with finance28%

Easily manages finances72%

Financial goals of people in Xalapa

In an attempt to understand the economic situation in Xalapa, 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.

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 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.

Retirement, pension plans, and life after work in Xalapa

What does the retirement lifestyle look like in Xalapa 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.

Retirement Income Distribution

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

Retirement Monthly Expenses in Xalapa

Debt, loans, and mortgages in Xalapa

Percentage of people who are in debt

According to the survey, 28% of the people in Xalapa have some kind of debt, loan, mortgage, or credit card payments while 72% reported that they don't have financial obligations to banks.

Debt-to-income ratio in Xalapa

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 31% of the people's monthly income in Xalapa goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 3% of the debtors in Xalapa 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 Xalapa

11% of debtors in Xalapa 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 Xalapa.

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 Xalapa

Besides measuring the loan-to-income ratio, we asked residents of Xalapa 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.

Housing costs, accommodation, and housing affordability in Xalapa

Rent Cost in Xalapa

Monthly Rent Prices

Studio apartment monthly rent cost

5,200 MXN

7,800 MXN

21,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$310

$460

$1,200

1-bedroom apartment monthly rent cost

7,800 MXN

12,000 MXN

31,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$460

$730

$1,800

2-bedroom apartment monthly rent cost

10,000 MXN

16,000 MXN

41,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$610

$920

$2,400

3-bedroom apartment monthly rent cost

12,000 MXN

21,000 MXN

57,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$730

$1,200

$3,300

Furnished apartment monthly rent cost

25,000 MXN

62,000 MXN

120,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$1,500

$3,700

$7,300

Townhouse monthly rent cost

21,000 MXN

31,000 MXN

89,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$1,200

$1,800

$5,200

House monthly rent cost

25,000 MXN

62,000 MXN

120,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$1,500

$3,700

$7,300

Villa monthly rent cost

31,000 MXN

78,000 MXN

120,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$1,800

$4,600

$7,300

The monthly rental cost of a studio apartment in Xalapa ranges between 5,200 MXN and 21,000 MXN, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 7,800 MXN to 31,000 MXN. Two-bedroom rentals rate ranges between 10,000 MXN and 41,000 MXN per month. The monthly rental for a three-bedroom apartment ranges from 12,000 MXN to 57,000 MXN. The average rent of a townhouse in Xalapa is around 31,000 MXN while house rental costs can be as high as 62,000 MXN per month. Finally, if you want to rent a villa, expect to pay anywhere from 31,000 MXN to 120,000 MXN per month.

Apartment and house prices in Xalapa

Cost of buying a property

Studio apartment price

1M MXN

1.6M MXN

3.1M MXN

MINIMUM

AVERAGE

MAXIMUM

$61,000

$92,000

$180,000

1-bedroom apartment price

1.2M MXN

2.1M MXN

7.8M MXN

MINIMUM

AVERAGE

MAXIMUM

$73,000

$120,000

$460,000

2-bedroom apartment price

2.1M MXN

6.2M MXN

12M MXN

MINIMUM

AVERAGE

MAXIMUM

$120,000

$370,000

$730,000

3-bedroom apartment price

6.9M MXN

10M MXN

31M MXN

MINIMUM

AVERAGE

MAXIMUM

$410,000

$610,000

$1.8M

Townhouse price

8.9M MXN

21M MXN

78M MXN

MINIMUM

AVERAGE

MAXIMUM

$520,000

$1.2M

$4.6M

House price

10M MXN

62M MXN

89M MXN

MINIMUM

AVERAGE

MAXIMUM

$610,000

$3.7M

$5.2M

Villa price

12M MXN

69M MXN

100M MXN

MINIMUM

AVERAGE

MAXIMUM

$730,000

$4.1M

$6.1M

The average price of a studio apartment in Xalapa can range from 1M MXN to 3.1M MXN depending on location. One bedroom cost can be anywhere from 1.2M MXN to 7.8M MXN. A villa can cost you 69M MXN on average with prices ranging from 12M MXN to 100M MXN.

House / apartment prices to income ratio

Property prices in Xalapa can be x139 to x239 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x139 multiples of the average monthly salary in Xalapa.

Rent to income ratio

The average rent-to-income ratio in Xalapa is around 37%. This means that people pay 37% of their income for rent. Those figures can range from 25% to 48% depending on the salary, location, and type of property.

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.

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.

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 Xalapa

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

Utility Bill Cost / Electricity + Water + Gas / Individual

350 MXN

2,400 MXN

16,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$20

$140

$960

Utility Bill Cost / Electricity + Water + Gas / Couple

900 MXN

3,100 MXN

20,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$53

$180

$1,200

Utility Bill Cost / Electricity + Water + Gas / Family

1,600 MXN

4,500 MXN

29,000 MXN

MINIMUM

AVERAGE

MAXIMUM

$93

$270

$1,700

Internet and cable cost

280 MXN

550 MXN

740 MXN

MINIMUM

AVERAGE

MAXIMUM

$16

$33

$44

Mobile phone bill and charges

220 MXN

370 MXN

1,100 MXN

MINIMUM

AVERAGE

MAXIMUM

$13

$22

$65

The average monthly expenditure for individuals on electricty, water, and gas in Xalapa ranges between 350 MXN and 16,000 MXN with average being 2,400 MXN, meanwhile the expenditure of couples is slightly higher at 3,100 MXN with 900 MXN and 20,000 MXN being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 4,500 MXN. The cost of internet and WiFi is unchanged among the three groups and ranges from 280 MXN to 740 MXN with 550 MXN being the average internet bill. Finally, the average monthly mobile charges is around 370 MXN but can range between 220 MXN and 1,100 MXN depending on consumption. Mobile charges include both calling minutes as well as data packages.

Energy / Utility expense to income ratio

The average utility-to-income ratio in Xalapa is around 5.5%. This means that people pay 5.5% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.2% to 9.9% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Xalapa

Prices and cost of goods and services in Xalapa

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

Fast food combo meal price

55 MXN

110 MXN

180 MXN

MINIMUM

AVERAGE

MAXIMUM

$3.3

$6.5

$11

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Xalapa is approximatly 110 MXN with meal cost ranging from 55 MXN to 180 MXN. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

200 MXN

290 MXN

590 MXN

MINIMUM

AVERAGE

MAXIMUM

$12

$17

$35

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 200 MXN and 590 MXN with 290 MXN being the average price of a plate for one person at a regular restaurant in Xalapa.

Fine dining meal for one price

390 MXN

590 MXN

2,400 MXN

MINIMUM

AVERAGE

MAXIMUM

$23

$35

$140

The price range of a meal at fine-dining restaurant is 390 MXN to 2,400 MXN with the average cost being 590 MXN for one person. This is what you would expect to pay a top-tier diner in Xalapa.

Beverage prices, cappuccino, latte etc..

46 MXN

74 MXN

110 MXN

MINIMUM

AVERAGE

MAXIMUM

$2.7

$4.4

$6.5

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Xalapa is around 74 MXN. Price ranges between 46 MXN and 110 MXN depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

37 MXN

44 MXN

55 MXN

MINIMUM

AVERAGE

MAXIMUM

$2.2

$2.6

$3.3

The average price of a large bottle of milk in Xalapa is 44 MXN. The maximum what you would pay for milk is 55 MXN and the minimum being 37 MXN depending on the brand of milk and other properties.

12 eggs price

28 MXN

37 MXN

55 MXN

MINIMUM

AVERAGE

MAXIMUM

$1.6

$2.2

$3.3

A dozen eggs costs around 37 MXN on average with 28 MXN and 55 MXN being the lower and upper limits respectively.

Fresh whole chicken price

63 MXN

81 MXN

120 MXN

MINIMUM

AVERAGE

MAXIMUM

$3.7

$4.8

$6.8

The price range of a fresh whole chicken in Xalapa is between 63 MXN and 120 MXN depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 81 MXN.

Pack of beef price

74 MXN

110 MXN

220 MXN

MINIMUM

AVERAGE

MAXIMUM

$4.4

$6.5

$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

41 MXN

58 MXN

MINIMUM

AVERAGE

MAXIMUM

$1.8

$2.4

$3.4

A bag of rice in Xalapa costs around 41 MXN on average with prices rangeing between 30 MXN and 58 MXN depending on the brand and quality.

Bag of tomatos price

11 MXN

15 MXN

28 MXN

MINIMUM

AVERAGE

MAXIMUM

$0.65

$0.87

$1.6

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

$1.5

$2.5

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

The average grocery-to-income ratio in Xalapa is around 28%. This means that people spend 28% of their income on grocery and basic household items. The expenditure can range from 19% to 34% depending on salary and location.

Expenditure on food and grocery for every population group

A single person living alone spends approximately 6,500 MXN per month on grocery and food with expenditure fluctuating between 920 MXN and 43,000 MXN depending on location and the type of person. The average cost of food and groceries for a couple is around 9,500 MXN per month. That number can be get as low as 3,200 MXN or a high as 51,000 MXN. Families' spending on grocery ranges from 5,700 MXN to 110,000 MXN with the location, income, and size of the family being the most determinite factors.

SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Xalapa

CoupleAverage monthly living expenditure breaks and spending patterns for couples in Xalapa

FamilyAverage monthly expenses and break out of spending for families living in Xalapa

StudentCost of living and expenses break down for students living in Xalapa