How much does it cost to live in CDMX in 2020

If you plan to move to the interior of the country's capital, it is important that you know how much it costs to live in CDMX and which municipalities offer the cheapest prices for rent and purchase.

According to the latest study carried out by Vivanuncios regarding the acquisition of real estate in 2017, 8 out of 10 Mexicans had plans to move.

Seeking independence, creating a family or taking advantage of mortgage loans, are some of the main reasons why Mexicans indicated wanting to move.

In 2017, 50% of searches on Vivanuncios were for properties in the CDMX, both for the purchase and rental of real estate.

Due to the great demand that exists for housing in CDMX , Vivanuncios shows the current housing price ranges in the city by mayor's office, as well as a comparison between the most sought after neighborhoods to live in.

How much does it cost to live in CDMX ?

• What is the general average of home purchase and rent in CDMX


• What is the average price range per mayor's office


• What is the price range of the most sought after colonies


• What factors affect the price of homes in CDMX

What is the general average of home purchase and rent in CDMX

The general average price to live in Mexico City is 22 thousand pesos 285 pesos per month in terms of rent or 8 million 750 thousand pesos for the purchase of a home . It is important to note that, whatever your decision, do not allocate more than 30% of the monthly income to the purchase or rental of a property, as it could affect you financially.

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What is the average price range per mayor's office

The average cost may vary depending on the area and if the neighborhood is of medium or high value, as well as the amenities and services that are around the mayor's office where you are looking to invest. Next, we present a table with the price list that you should take into account before moving: 

Source: Price Checker Vivanuncios

What is the price range of the most sought after colonies

According to information from the Vivanuncios portal, the Polanco, Agrícola Pantitlán, Roma Norte and Santa María La Ribera neighborhoods are the 4 most sought after neighborhoods for housing in CDMX .

Polanco, Miguel Hidalgo

In the Polanco neighborhood , Miguel Hidalgo mayor's office, the rental properties range from 13 thousand pesos to 80 thousand pesos, while the purchase price of the properties for sale is between 1 million 600 thousand pesos to 80 million pesos .

Agrícola Pantitlán, Iztacalco

In the Agrícola Pantitlán neighborhood, Iztacalco mayor's office, the rental properties range from 4,300 pesos to 10,000 pesos, while the purchase price of the properties for sale is between 500,000 pesos and 10 million pesos .

North Rome, Cuauhtémoc

In the Roma Norte neighborhood, Cuauhtémoc mayor's office, the rental properties range from 8,200 pesos to 85,000 pesos, while the purchase price of the properties for sale is between 950 thousand pesos and 20 million pesos .

Santa María La Ribera, Cuauhtémoc

In the Santa María La Ribera neighborhood, Cuauhtémoc mayor's office, the rental properties range from 7,100 pesos to 19,500 pesos, while the purchase price of the properties for sale is between 650,000 pesos and 15 million pesos .

What factors affect the price of homes in CDMX 

In the first quarter of 2020, housing prices in the CDMX increased 5.5% according to data from the Federal Mortgage Society .

According to Vivanuncios, there are elements that will vary how much it costs to live in CDMX , such as the capital gain of the neighborhood, the age of the property, the square meters of the construction and the services it offers. Even the sale price can be modified due to negotiations with the buyer, commissions for real estate agents, as well as expenses for purchase-sale procedures.

In Polanco, for example, properties have an increase in value because many of them are valued in dollars. But it contrasts with colonias Narvarte, San Miguel Chapultepec and even Jardín Balbuena, they will be able to find much more accessible prices.

To help its users, Vivanuncios has a price guide that helps users find how much it costs to live in CDMX according to the mayor's office and the number of rooms they are looking for.

Vivanuncios is currently the site with the most inventory of real estate in Mexico. In Mexico City alone, there are more than 46,000 properties for both purchase and rent that adjust to the needs and possibilities of all Mexicans.