Monterrey and Los Cabos are the most expensive cities to live in Mexico, while the cheapest are Tlaxcala, Tepic and Zacatecas, according to consultant Mercer.
In the 2011-2012 National Cost of Living study, which covers 42 localities and measures the comparative costs of 182 products and services, the capital of Nuevo León, Monterrey reports an average rate of 104.30% and the tourist city of Baja California Sur Reaches 100.51 percent.
By contrast, the cheapest cities to live in Mexico are Tlaxcala with an average rate of 69%, Tepic with 69.59, Zacatecas with 71.11, Pachuca with 71.76 and Oaxaca with 72%, according to the results of the survey of the supplier company Services in human resources.
The category of housing is the category of spending that has a greater impact on income, since 28% of what people earn is earmarked for coverage of this item, which includes income, electricity, telephone payments Local fixed, gas and domestic services, among others.
In the case of Mexico City, it shows that the costs related to rent of departments and houses of average and lower economic type have remained stable.
Last year, there was a bigger offer, which meant that costs remained unchanged, and landlords preferred to keep their tenants, the report said.
Regarding the education sector, which impacts less than housing, it refers that private schools have modified their collection strategies, in order to "provide better options for their student community."
The purpose of the survey is to provide companies with reliable information for making important decisions when it comes to staff transfers.
The study reflects the comparative costs of 182 products which, grouped into nine items, take into account factors such as the cost of goods
Roots in Monterrey, housing, food, transportation, education, entertainment, clothing and footwear, personal care, household appliances and health. Real Estate in Monterrey ?.