International cost of living and hardship / quality of living data for 780 global locations.
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Mexico is in North America, bordering the Caribbean Sea and the Gulf of Mexico, between Belize and the United States and bordering the North Pacific Ocean, between Guatemala and the United States. The climate varies from tropical to desert.The official language is Spanish. Mexican Spanish contains many words and phrases that are particular to the country and tend to be more florid and less direct than peninsular Spanish. There are no significant differences in the Spanish of different regions, only in accent: costeños (Mexicans from the Pacific and Caribbean coasts) can be harder to understand. English is spoken by hotel staff and some business people, particularly in the US border region, the big cities and popular tourist resorts. Many indigenous languages are spoken in the remote rural areas, such as the Mayan communities of the Yucatan. The main religion is Christianity.The economy of Mexico is the 11th largest in the world and is a free market mixed economy, and is firmly established as an upper middle-income country The economy contains rapidly developing modern industrial and service sectors, with increasing private ownership.In Mexico conversations take place at a much closer physical distance than expatriates may be accustomed to at home. Stepping back during conversation may be regarded as unfriendly.The security risk for expatriates in Mexico is medium to high. Risks include violent and opportunistic crime, violence during clashes between rival gangs / the security forces, and kidnapping.The currency of Mexico is the Mexican Peso (MXN). International debit and credit cards are widely accepted for payment and in ATMs.Good private medical facilities are available but can be expensive. Payment may be required up front. Cases of Zika virus and Chikungunya virus, as well as cholera have been reported.The population of Mexico is 123.7 Million (2019 est.), while the inflation rate (CPI) is 3.02% for Mexico as at October 2019.Xpatulator Hypothetical Tax for Mexico is based on the current personal income tax rates which are progressive up to 35%.Within Mexico we also cover Guadalajara, Leon, Mexico City, Monterrey, Puebla, Tijuana, and Toluca.