Published: Monday, 21th October 2024
The cost of living in Mexico is 1.87 times more expensive as compared to Armenia.
On this page, you will find side-by-side cost comparison between Mexico and Armenia. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Mexico and Armenia.
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Indicators | Mexico | Armenia |
---|---|---|
1 BHK Apartment in City Center | 15,000 MXN (840 USD) | 150,000 AMD (375 USD) |
2 BHK Apartment in City Center | 25,000 MXN (1,400 USD) | 250,000 AMD (625 USD) |
3 BHK Apartment in City Center | 35,000 MXN (1,960 USD) | 350,000 AMD (875 USD) |
1 BHK Apartment outside City Center | 8,000 MXN (448 USD) | 100,000 AMD (250 USD) |
2 BHK Apartment outside City Center | 12,000 MXN (672 USD) | 180,000 AMD (450 USD) |
3 BHK Apartment outside City Center | 16,000 MXN (896 USD) | 250,000 AMD (625 USD) |
Mortgage Rates Per Month | 2.5 % | 6.5 % |
Realtor Commission | 5 % | 2 % |
Property Taxes | 0.1 to 1.2 % | Yet to Update |
The average housing cost in Mexico is 2.04 times more expensive than Armenia.
Indicators | Mexico | Armenia |
---|---|---|
Basic Home Furnishing | 20,000 MXN (1,120 USD) | 150,000 AMD (375 USD) |
Electricity Cost Per Month | 800 MXN (44.80 USD) | 15,000 AMD (37.50 USD) |
Heating Cost Per Month | 500 MXN (28 USD) | 20,000 AMD (50 USD) |
Cooling Cost Per Month | 400 MXN (22.40 USD) | 10,000 AMD (25 USD) |
Water Supply Cost Per Month | 400 MXN (22.40 USD) | 5,000 AMD (12.50 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 147.52% more for Utilities.
The basic home furnishing in Mexico costs 2.99 times more compared to Armenia.
Indicators | Mexico | Armenia |
---|---|---|
Standard Wifi Cost Per Month | 600 MXN (33.60 USD) | 12,000 AMD (30 USD) |
Mobile Phone Basic Plan Cost Per Month | 300 MXN (16.80 USD) | 5,000 AMD (12.50 USD) |
Landline Basic Plan Cost Per Month | 200 MXN (11.20 USD) | 3,000 AMD (7.50 USD) |
Cable TV Basic Plan Cost Per Month | 500 MXN (28 USD) | 8,000 AMD (20 USD) |
The internet and communication costs 28.00% more in Mexico compared to Armenia.
Indicators | Mexico | Armenia |
---|---|---|
Long Grain Rice (1 KG) | 30 MXN (1.68 USD) | 800 AMD (2 USD) |
Milk (1 Liter) | 20 MXN (1.12 USD) | 500 AMD (1.25 USD) |
Water (1 Liter) | 10 MXN (0.56 USD) | 200 AMD (0.50 USD) |
Bread (500 gm) | 25 MXN (1.40 USD) | 400 AMD (1 USD) |
Eggs (1 Dozen) | 35 MXN (1.96 USD) | 1,000 AMD (2.50 USD) |
Cheese (1 KG) | 100 MXN (5.60 USD) | 3,500 AMD (8.75 USD) |
Chicken Breast (1 KG) | 80 MXN (4.48 USD) | 2,500 AMD (6.25 USD) |
In Mexico, the cost of 1 Liter Water and 1 Liter Milk is 1.04 times less expensive than the cost in Armenia.
If you lived in Mexico, instead of Armenia, you would have to pay 24.49% less for Groceries.
Indicators | Mexico | Armenia |
---|---|---|
Apples (1 KG) | 35 MXN (1.96 USD) | 600 AMD (1.50 USD) |
Bananas (1 KG) | 20 MXN (1.12 USD) | 800 AMD (2 USD) |
Oranges (1 KG) | 25 MXN (1.40 USD) | 700 AMD (1.75 USD) |
Tomatoes (1 KG) | 30 MXN (1.68 USD) | 800 AMD (2 USD) |
Potatoes (1 KG) | 20 MXN (1.12 USD) | 500 AMD (1.25 USD) |
Lemons (1 KG) | 35 MXN (1.96 USD) | 900 AMD (2.25 USD) |
Onions (1 KG) | 20 MXN (1.12 USD) | 400 AMD (1 USD) |
Lentils (1 KG) | 40 MXN (2.24 USD) | 1,200 AMD (3 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 1.17 times less for Fruits and Vegetables.
Indicators | Mexico | Armenia |
---|---|---|
Meal at a Resonable Restaurant | 150 MXN (8.40 USD) | 3,500 AMD (8.75 USD) |
Three-Course Meal for Two | 600 MXN (33.60 USD) | 15,000 AMD (37.50 USD) |
Fast Food Combo Meal | 80 MXN (4.48 USD) | 2,500 AMD (6.25 USD) |
Normal Coffee | 30 MXN (1.68 USD) | 1,200 AMD (3 USD) |
Soft Drink | 15 MXN (0.84 USD) | 600 AMD (1.50 USD) |
Pizza for One | 150 MXN (8.40 USD) | 4,000 AMD (10 USD) |
Take-Out Delivery Meal | 150 MXN (8.40 USD) | 3,500 AMD (8.75 USD) |
Cigarette Pack of 20 | 60 MXN (3.36 USD) | 1,200 AMD (3 USD) |
Dining-Out costs 12.18% less in Mexico compared to Armenia.
Indicators | Mexico | Armenia |
---|---|---|
Wine Mid-Range Bottle | 200 MXN (11.20 USD) | 3,000 AMD (7.50 USD) |
Glass of Wine | 80 MXN (4.48 USD) | 1,000 AMD (2.50 USD) |
Domestic Beer Half Liter | 20 MXN (1.12 USD) | 500 AMD (1.25 USD) |
Imported Beer Half Liter | 35 MXN (1.96 USD) | 1,000 AMD (2.50 USD) |
Domestic Alcohol 1 Liter | 200 MXN (11.20 USD) | 2,000 AMD (5 USD) |
Branded Alcohol 1 Liter | 400 MXN (22.40 USD) | 4,000 AMD (10 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 1.82 times more for usual hard drinks.
Indicators | Mexico | Armenia |
---|---|---|
Monthly Public Transportation Pass | 800 MXN (44.80 USD) | 5,000 AMD (12.50 USD) |
Single Public Transportation Ticket | 10 MXN (0.56 USD) | 100 AMD (0.25 USD) |
Single Train Ticket | Yet to Update () | 2,000 AMD (5 USD) |
Domestic Airplane Ticket | 2,000 MXN (112 USD) | 20,000 AMD (50 USD) |
Taxi Start Fare | 30 MXN (1.68 USD) | 600 AMD (1.50 USD) |
Taxi Rate Per Kilometer | 8 MXN (0.45 USD) | 150 AMD (0.38 USD) |
Car Rental Per Day | 600 MXN (33.60 USD) | 10,000 AMD (25 USD) |
Parking Fees in City Center Per Hour | 20 MXN (1.12 USD) | 500 AMD (1.25 USD) |
Parking Fees outside City Center Per Hour | 10 MXN (0.56 USD) | 300 AMD (0.75 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 2.02 times more for transportation.
Indicators | Mexico | Armenia |
---|---|---|
Reasonable Vehicle Purchase Cost | 250,000 MXN (14,000 USD) | 6,000,000 AMD (15,000 USD) |
Vehicle Registration Cost | 2,000 MXN (112 USD) | 60,000 AMD (150 USD) |
Driving License Fees | 1,000 MXN (56 USD) | 30,000 AMD (75 USD) |
Car Insurance Cost | 4,000 MXN (224 USD) | 80,000 AMD (200 USD) |
Car Maintenance Cost | 2,000 MXN (112 USD) | 10,000 AMD (25 USD) |
Car Loan Interest Rates | 10 % | 8 % |
Fuel Per Liter | 25 MXN (1.40 USD) | 450 AMD (1.13 USD) |
Fuel Per Gallon | 100 MXN (5.60 USD) | 1,700 AMD (4.25 USD) |
Average Toll Fees | Yet to Update | 200 AMD 0.50 USD |
You would have to pay 1.07 times less for Vehicle purchase, daily operation and maintenance in Mexico compared to that of Armenia.
Indicators | Mexico | Armenia |
---|---|---|
Doctor Visit | 500 MXN (28 USD) | 5,000 AMD (12.50 USD) |
Specialist Visit | 1,000 MXN (56 USD) | 10,000 AMD (25 USD) |
Dentist Visit | 800 MXN (44.80 USD) | 8,000 AMD (20 USD) |
Eye Exam | 400 MXN (22.40 USD) | 3,000 AMD (7.50 USD) |
Mental Health Counseling | 1,500 MXN (84 USD) | 5,000 AMD (12.50 USD) |
Preventive Health Screening | 600 MXN (33.60 USD) | 7,000 AMD (17.50 USD) |
Physical Therapy | 1,000 MXN (56 USD) | 4,000 AMD (10 USD) |
Emergency Room Visit | 3,000 MXN (168 USD) | 15,000 AMD (37.50 USD) |
Hospital Stay Per Night | 4,000 MXN (224 USD) | 25,000 AMD (62.50 USD) |
Vaccinations | 500 MXN (28 USD) | 3,000 AMD (7.50 USD) |
Prescription Medication | 200 MXN (11.20 USD) | 5,000 AMD (12.50 USD) |
Over the Counter Medication | 100 MXN (5.60 USD) | 1,000 AMD (2.50 USD) |
Health Insurance Premiums | 2,000 MXN (112 USD) | 20,000 AMD (50 USD) |
Health Insurance Deductibles | 800 MXN (44.80 USD) | 5,000 AMD (12.50 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 3.17 times more for Health and Medical Treatment.
Indicators | Mexico | Armenia |
---|---|---|
Cosmetic Procedures | 4,000 MXN (224 USD) | 50,000 AMD (125 USD) |
Spa Treatment | 1,500 MXN (84 USD) | 10,000 AMD (25 USD) |
Manicure Pedicure Cost | 500 MXN (28 USD) | 5,000 AMD (12.50 USD) |
Optical Glasses Cost | 800 MXN (44.80 USD) | 20,000 AMD (50 USD) |
Contact Lenses Cost | 400 MXN (22.40 USD) | 15,000 AMD (37.50 USD) |
Haircuts | 150 MXN (8.40 USD) | 3,000 AMD (7.50 USD) |
Hair Coloring | 500 MXN (28 USD) | 5,000 AMD (12.50 USD) |
Shampoo Price | 60 MXN (3.36 USD) | 1,500 AMD (3.75 USD) |
Toothpaste Price | 25 MXN (1.40 USD) | 1,000 AMD (2.50 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 1.61 times more for Personal Care Items and Treatment.
Indicators | Mexico | Armenia |
---|---|---|
Pair of Nike Running Shoes | 3,000 MXN (168 USD) | 35,000 AMD (87.50 USD) |
Men's Shirt | 800 MXN (44.80 USD) | 10,000 AMD (25 USD) |
Women's Dress | 1,500 MXN (84 USD) | 20,000 AMD (50 USD) |
Summer Dress | 1,200 MXN (67.20 USD) | 10,000 AMD (25 USD) |
Men's Suit | 6,000 MXN (336 USD) | 100,000 AMD (250 USD) |
Men's Jeans | 1,500 MXN (84 USD) | 15,000 AMD (37.50 USD) |
Women's Jeans | 1,500 MXN (84 USD) | 15,000 AMD (37.50 USD) |
Men's Formal Shoes | 3,000 MXN (168 USD) | 30,000 AMD (75 USD) |
Women's Formal Shoes | 3,000 MXN (168 USD) | 25,000 AMD (62.50 USD) |
Men's Casual Shoes | 2,000 MXN (112 USD) | 25,000 AMD (62.50 USD) |
Women's Casual Shoes | 2,000 MXN (112 USD) | 20,000 AMD (50 USD) |
Underwear For Men | 200 MXN (11.20 USD) | 2,000 AMD (5 USD) |
Underwear For Women | 250 MXN (14 USD) | 2,500 AMD (6.25 USD) |
Socks For Men | 100 MXN (5.60 USD) | 1,000 AMD (2.50 USD) |
Socks For Women | 100 MXN (5.60 USD) | 1,000 AMD (2.50 USD) |
Wintercoat for Adults | 3,000 MXN (168 USD) | 50,000 AMD (125 USD) |
Sportswear | 1,500 MXN (84 USD) | 15,000 AMD (37.50 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 1.82 times more for Clothing and Footwear for Adults.
Indicators | Mexico | Armenia |
---|---|---|
Children's Jeans | 1,000 MXN (56 USD) | 8,000 AMD (20 USD) |
Children's Normal Sneakers | 1,200 MXN (67.20 USD) | 12,000 AMD (30 USD) |
Children's Winter Coat | 1,500 MXN (84 USD) | 20,000 AMD (50 USD) |
Daycare for Infant | 4,000 MXN (224 USD) | 50,000 AMD (125 USD) |
Daycare for Toddler | 3,500 MXN (196 USD) | 40,000 AMD (100 USD) |
Childcare for Sick Days | 800 MXN (44.80 USD) | 4,000 AMD (10 USD) |
Early Childhood Education Programs | 3,000 MXN (168 USD) | 15,000 AMD (37.50 USD) |
Extra Curricular Activities | 2,000 MXN (112 USD) | 8,000 AMD (20 USD) |
Summer Camp for Kids | 5,000 MXN (280 USD) | 20,000 AMD (50 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 2.78 times more for Childcare and kids clothing.
Indicators | Mexico | Armenia |
---|---|---|
PreSchool Fees | 5,000 MXN (280 USD) | 30,000 AMD (75 USD) |
Primary School Fees | 8,000 MXN (448 USD) | 20,000 AMD (50 USD) |
Secondary School Fees | 12,000 MXN (672 USD) | 25,000 AMD (62.50 USD) |
Private School Fees | 20,000 MXN (1,120 USD) | 70,000 AMD (175 USD) |
University Tuition Fees | 60,000 MXN (3,360 USD) | 100,000 AMD (250 USD) |
University Private Tuition Fees | 120,000 MXN (6,720 USD) | 200,000 AMD (500 USD) |
After School Activities | 2,000 MXN (112 USD) | 5,000 AMD (12.50 USD) |
Special Education Services | 2,500 MXN (140 USD) | 20,000 AMD (50 USD) |
Tutoring | 1,000 MXN (56 USD) | 6,000 AMD (15 USD) |
Textbooks Cost | 600 MXN (33.60 USD) | 3,000 AMD (7.50 USD) |
School Supplies | 300 MXN (16.80 USD) | 5,000 AMD (12.50 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 10.71 times more for school and education.
Indicators | Mexico | Armenia |
---|---|---|
Movie Ticket (Single) | 100 MXN (5.60 USD) | 2,500 AMD (6.25 USD) |
Theater Ticket (Single) | 300 MXN (16.80 USD) | 5,000 AMD (12.50 USD) |
Concert Ticket (Single) | 500 MXN (28 USD) | 10,000 AMD (25 USD) |
Sports Event Ticket (Single) | 500 MXN (28 USD) | 5,000 AMD (12.50 USD) |
Gym Membership | 600 MXN (33.60 USD) | 15,000 AMD (37.50 USD) |
Swimming Pool Access | 300 MXN (16.80 USD) | 3,000 AMD (7.50 USD) |
Museum Entry Ticket | 100 MXN (5.60 USD) | 1,500 AMD (3.75 USD) |
Zoo Entry Ticket | 150 MXN (8.40 USD) | 2,000 AMD (5 USD) |
Amusement Park Entry Ticket | 300 MXN (16.80 USD) | 5,000 AMD (12.50 USD) |
Bowling | 150 MXN (8.40 USD) | 4,000 AMD (10 USD) |
Mini Golf | 100 MXN (5.60 USD) | 3,000 AMD (7.50 USD) |
Video Games | 1,000 MXN (56 USD) | 12,000 AMD (30 USD) |
Streaming Services | 150 MXN (8.40 USD) | 2,000 AMD (5 USD) |
Outdoor Equipment Rental | 300 MXN (16.80 USD) | 5,000 AMD (12.50 USD) |
Theme Park Annual Pass | 6,000 MXN (336 USD) | 40,000 AMD (100 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 2.05 times more for entertainment, recreation and fun activities.
Indicators | Mexico | Armenia |
---|---|---|
Language Classes | 1,500 MXN (84 USD) | 10,000 AMD (25 USD) |
Parenting Classes | 1,000 MXN (56 USD) | 4,000 AMD (10 USD) |
Art Classes | 600 MXN (33.60 USD) | 6,000 AMD (15 USD) |
Fitness Classes | 300 MXN (16.80 USD) | 7,000 AMD (17.50 USD) |
Music Lessons | 500 MXN (28 USD) | 10,000 AMD (25 USD) |
Dance Lessons | 500 MXN (28 USD) | 8,000 AMD (20 USD) |
Reading Materials for Classes | 200 MXN (11.20 USD) | 3,000 AMD (7.50 USD) |
Educational Software | 1,000 MXN (56 USD) | 3,000 AMD (7.50 USD) |
If you lived in Mexico, instead of Armenia, you would have to pay 2.46 times more for Private Classes.
Indicators | Mexico | Armenia |
---|---|---|
Average Gross Monthly Salary | 20,000 MXN (1,120 USD) | 250,000 AMD (625 USD) |
Average Net Monthly Salary | 15,000 MXN (840 USD) | 200,000 AMD (500 USD) |
Minimum Wages | 200 MXN per hour (11.20 USD) | 2,266.67 AMD per hour (5.67 USD) |
Average Bonus | 10,000 MXN (560 USD) | 50,000 AMD (125 USD) |
Income Tax Rate | 0 to 16 % | 0 to 20 % |
Social Security Contributions | 10 % | 2.5 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 45 | 35 |
Median Household Income | 60,000 MXN (3,360 USD) | 220,000 AMD (550 USD) |
If you lived in Mexico, you would earn 3.26 times more salary as compared to Armenia.
Indicators | Mexico | Armenia |
---|---|---|
Legal Consultation Per Hour Rate | 1,000 MXN (56 USD) | 20,000 AMD (50 USD) |
Accounting Services Per Hour Rate | 800 MXN (44.80 USD) | 15,000 AMD (37.50 USD) |
IT Support Services Per Hour Rate | 700 MXN (39.20 USD) | 10,000 AMD (25 USD) |
Technician Services Per Hour Rate | 600 MXN (33.60 USD) | 5,000 AMD (12.50 USD) |
Professional Services cost 1.39 times more in Mexico, as compared to Armenia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Mexico and Armenia.
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