Mexico and My Money: Affordability is a growing problem in Mexico, too
From food and energy to healthcare and housing, here's everything you need to know about the cost of living in Mexico. The post Mexico and My Money: Affordability is a growing problem in Mexico, too appeared first on Mexico News Daily
Mexico, long known for being an affordable country to live in, is now experiencing rising costs that are affecting everyday life. Inflation has been steadily increasing, surpassing the central bank's target of 3% since March 2021. In fact, prices have gone up by 30% over this period. This has been particularly hard on lower- and fixed-income residents.
Essential services such as food, housing, healthcare and energy have seen rapid price increases. Food prices have risen faster than overall inflation due to extreme weather, fertilizer shortages and supply chain disruptions. Prices for fresh fruit and vegetables alone have increased by 3.4% in the first half of September 2026. Housing costs, tracked by the government, also lag behind the true inflation rate.
Rent in Mexico City has surged 64% over the past five years, outpacing overall inflation. The private health insurance market has also seen hyperinflation, as families are increasingly turning to private providers due to the strained public healthcare system.
Despite a rare bright spot in the energy sector, regular gasoline prices have remained stable in Mexico thanks to government interventions like price caps and tax reductions. This means that while energy costs may not be skyrocketing, other areas of everyday life are feeling the pinch due to rising inflation.
Written by urgent.news from Mexico News Daily's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
