Mexico vs Spain

Mexico costs roughly 26% less than Spain, though Spain scores higher on safety. Use our tool below to personalize the estimate based on your income and lifestyle.

Household
Lifestyle
Schooling

Mexico is approximately 26% less expensive than Spain based on cost of living including rent. This makes Mexico a more budget-friendly option for expats considering a move.

Mexico has a FIRE Score of 80/100, indicating its suitability for financial independence and early retirement. The country's safety index is 46.6, suggesting moderate safety levels.

Recommended profile: Mexico is ideal for GeoArbitragers and remote workers looking to maximize savings.

Overall Winner

About Mexico

Safety-sensitive retirees should pause: a 46.6 safety index and a significant safety index gap may signal real risk. But budget-conscious Americans willing to navigate that tradeoff get low rent (a one-bedroom city-center apartment averages $659.65\/mo), a large expat network, and an easy $3,738/mo income visa path to permanent residency.

MONTHLY SAVINGS

$1,638/mo

🛂

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Living Costs (excl. rent)

Single (excl. rent)$702
Family (excl. rent)$2,605

Rent Per Month

1 Bedroom (City Centre)
$660
1 Bedroom (Outside Centre)
$431
3 Bedroom (City Centre)
$1,228
3 Bedroom (Outside Centre)
$816

Attractiveness Scores

FIRE Score
80/100
Retiree Score
61/100
Nomad Score
74/100


Country Details →

About Spain

Retirees and remote workers get a genuine European base without the Northern Europe price tag: rent for a 1-bed outside the center averages $804/mo, well under NYC costs. Healthcare scores 77.3, life expectancy is among the highest in the EU, and a large expat community softens the medium English proficiency. The catch is tax: standard rates climb to 47%, though the Beckham Law flat 24% option changes the math for qualifying newcomers.

MONTHLY SAVINGS

$1,148/mo

🛂

Not sure which Spain visa you qualify for?

Answer 11 questions and get a personalized match in under 2 minutes.

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Living Costs (excl. rent)

Single (excl. rent)$823
Family (excl. rent)$2,976

Rent Per Month

1 Bedroom (City Centre)
$1,028
1 Bedroom (Outside Centre)
$804
3 Bedroom (City Centre)
$1,636
3 Bedroom (Outside Centre)
$1,232

Attractiveness Scores

FIRE Score
55/100
Retiree Score
67/100
Nomad Score
73/100


Country Details →

Battle of Lifestyles

Scroll to compare

MetricMexicoSpain
Travel Advisory
Level 2: Increased CautionLevel 2: Increased Caution
Quality of Life Index
126.3
184.4 +58.1
Healthcare Index
72.5 77.3 +4.8
Safety Index
46.6
63.4 +16.8
Cost of Living Index
34.5 +9.043.5
Living Costs (Single, excl. rent)$701.9 +121.5$823.4
Living Costs (Family, excl. rent)$2,604.9 +371$2,975.9
1BR Apartment (Center)$659.65 +368.78$1,028.43
1BR Apartment (Outside)$430.55 +373.82$804.37
3BR Apartment (Center)$1,227.82 +408.6$1,636.42
3BR Apartment (Outside)$816.48 +415.67$1,232.15
Avg Internet Speed174.1 Mbps 263.31 Mbps +89.2

Frequently Asked Questions

Click any question to expand the answer.

We use a "Pure Data" approach, pulling raw facts from high-authority sources including private sources for real-time crowd-sourced pricing, the World Bank for stability metrics, and official government visa portals.

The FIRE Score is a dynamic metric based on your Monthly Income vs. Total Expenses. It calculates your potential savings rate; the more you save, the higher the score.

Our indices (Quality of Life, Healthcare, Safety, Cost of Living) are relative metrics. For example, a higher Quality of Life Index indicates better purchasing power, safety, and healthcare, while a higher Cost of Living Index means the country is more expensive relative to others.

The Retiree Score is a holistic measure of how suitable a country is for long-term retirement. It is calculated from three main factors: healthcare system quality, safety index, and the general cost of living.

The Nomad Score measures how well a country supports remote workers. It is calculated from average internet speeds, the cost of living, and the safety index.

The "Single" toggle calculates costs based on a 1-Bedroom apartment. "Family" assumes a 3-Bedroom apartment and the expenses for a household of four.