Cost of Living in Morelia
Summary: If you're moving to Morelia, understanding the the cost of living in Morelia helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Cost of Living Category | Estimated Cost |
---|---|
Apartment Rental (1 bedroom in City Center) | MXN 4,500 - 7,000 per month |
Apartment Rental (1 bedroom Outside of City Center) | MXN 3,000 - 5,000 per month |
Apartment Purchase Price (City Center) | MXN 15,000 - 25,000 per square meter |
Apartment Purchase Price (Outside of City Center) | MXN 10,000 - 18,000 per square meter |
Public Transportation (Monthly Pass) | MXN 400 - 600 |
Taxi (Normal Tariff, 1km) | MXN 10 - 15 |
Groceries (Monthly, for 1 person) | MXN 1,500 - 2,500 |
Meal at an Inexpensive Restaurant | MXN 50 - 100 |
Meal for 2 People, Mid-range Restaurant, Three-course | MXN 300 - 500 |
Utilities (Monthly, for 1 person) | MXN 500 - 1,000 |
Private School Tuition (Preschool) | MXN 2,000 - 4,000 per month |
Private School Tuition (Elementary School) | MXN 3,000 - 5,000 per month |
Private School Tuition (Middle School) | MXN 4,000 - 6,000 per month |
Private School Tuition (High School) | MXN 5,000 - 7,000 per month |
Monthly Budget for Retirees in Morelia
"The cost of living in Morelia is considered to be relatively low compared to many other cities around the world. Rent for a one-bedroom apartment in the city center is quite affordable, while outside the city center, it is even cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite low. Groceries in Morelia are also reasonably priced. Local markets offer fresh produce, meat, and other staples at a lower cost than in many other countries. Eating out in Morelia is also affordable, with a meal at an inexpensive restaurant costing less than what you would pay in many other cities. Transportation costs in Morelia are also low. Public transportation is widely available and affordable. Gasoline prices are also lower than in many other countries. Healthcare in Morelia is also relatively affordable. Both public and private healthcare services are available, with private healthcare being more expensive but still affordable compared to many other countries. Overall, the cost of living in Morelia is quite low, making it an attractive option for those looking to live in a vibrant, culturally rich city without breaking the bank," said one expat living in Morelia.
Can I live in Morelia on $1,500 a month?
"I've been living in Morelia for a few years now and I can tell you that it's definitely possible to live comfortably on $1,500 a month, even if you're used to modern amenities. However, you'll need to be smart about your spending and make some sacrifices. For instance, you might not be able to dine out at high-end restaurants every night or live in the most luxurious neighborhoods. But, you can still enjoy a good quality of life. Morelia is a beautiful city with a lot of history and culture, and the cost of living is quite reasonable compared to many places in the U.S. or Europe. For example, you can rent a nice one-bedroom apartment in a decent neighborhood for around $300 to $400 a month. Some affordable neighborhoods that I would recommend are Chapultepec Sur, Ventura Puente, and Nueva Valladolid. They're safe, relatively quiet, and close to amenities like supermarkets, restaurants, and parks. On the other hand, neighborhoods like Altozano or Tres Marías are more upscale and therefore more expensive. You might want to avoid these if you're trying to stick to a budget. Groceries are also quite affordable here. I spend around $200 a month on groceries, and that's for fresh, locally sourced produce. Utilities, including internet, electricity, and water, usually come to around $100 a month. Public transportation is cheap and efficient, but if you prefer to drive, gasoline costs are comparable to those in the U.S. Health insurance is another expense to consider. A good policy can cost around $100 a month, but it's worth it for the peace of mind. Entertainment can be as cheap or as expensive as you make it. There are plenty of free or low-cost activities to enjoy, like exploring the city's historic center, hiking in the nearby hills, or visiting the local markets. So, while you might have to give up some luxuries, living in Morelia on $1,500 a month is definitely doable. And in my opinion, the rich culture, beautiful surroundings, and friendly locals more than make up for any sacrifices you might have to make," commented an expat living in Morelia.
Can I live in Morelia on $3,500 a month?
"I've been living in Morelia for a few years now and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. Morelia is a beautiful city with a lot of history and culture, and the cost of living is quite reasonable compared to many places in the U.S. or Europe. For example, you can rent a nice two-bedroom apartment in a good neighborhood for around $500 a month. Some of the more affordable neighborhoods that I would recommend are Chapultepec Sur, Las Americas, and Bosques Tres Marías. These areas are safe, have good amenities, and are close to the city center. On the other hand, neighborhoods like Camelinas or Altozano are a bit more upscale and therefore more expensive, so you might want to avoid them if you're on a tighter budget. As for other expenses, groceries will probably cost you around $200 a month, utilities around $100, and a meal at a mid-range restaurant is usually less than $10. So, you can see that $3,000 a month is more than enough to live comfortably and enjoy what the city has to offer. Of course, you might have to make some sacrifices. For example, imported goods are more expensive here, so you might have to adjust your shopping habits a bit. Also, while healthcare is generally affordable, it might be a good idea to get health insurance, which can be an additional cost. But overall, I think you'll find that living in Morelia offers a great quality of life for a very reasonable cost," said one expat living in Morelia.
Can I live in Morelia on $5,000 a month?
"I've been living in Morelia for a few years now and I can tell you that living on $5,000 a month is not only possible, but you can live quite comfortably. Morelia is a beautiful city with a lot of history and culture, and the cost of living is significantly lower than in many parts of the U.S. or Europe. For example, you can rent a nice, modern apartment in a good neighborhood for around $500 to $800 a month. Some of the neighborhoods I would recommend are Chapultepec Norte, Camelinas, and Altozano. These are safe, well-located areas with plenty of amenities nearby. On the other hand, areas like Vista Bella or Tres Marías might be a bit pricier, so you might want to avoid those if you're trying to stick to a budget. As for other expenses, groceries will probably run you about $200 a month, utilities around $100, and a meal at a mid-range restaurant is usually less than $10. Healthcare is also quite affordable, with a visit to a private doctor typically costing around $30. If you have a car, gasoline is a bit more expensive than in the U.S., but public transportation is cheap and reliable. Of course, there are some sacrifices you'll have to make. While Morelia is a modern city, it's not as developed as some places in the U.S. or Europe. You might not have access to the same variety of goods and services, and things like internet speed might not be as fast as you're used to. But overall, I've found that the lower cost of living and the rich cultural experiences more than make up for any inconveniences. In terms of entertainment, there's always something going on in Morelia. There are numerous festivals throughout the year, plenty of museums and historical sites to visit, and the city is surrounded by beautiful natural areas for hiking and exploring. Plus, the food is amazing. So, to answer your question, yes, you can live comfortably in Morelia on $5,000 a month. You'll have to adjust to a different way of life and make some sacrifices, but in my experience, it's been well worth it," commented an expat living in Morelia.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.