Can I get more for my U.S. dollar in Mexico?

Question

I know there are exchange rate websites but this means nothing considering I don't know what things cost in Pesos.

Answer 1

Well it depends on whatdo you want to buy

a dollar is equal to  10.8pesos (rounded) and a macdonalds big mac medium size pack cost you 50 pesos wich you can assume is a middle prize for food, as for other items raw materials or non industrialized products are cheaper in Mx but technology and hghly processed products held high aggregated value s they are more expensive than in te US, same ges for americans brand products

Answer 2

I cut and paste this blurb, but it agrees with my experience.

Obviously if you are willing to stay away from other gringos your prices will go down. In Oaxaca I lived for six months and paid $650 for a furnished two bedroom apt 6 blocks from the center of town. A four course lunch cost from $2.50-$7.00.

Electronics are very high. City to city transportation is usually done by bus instead of air. They have the option of much more luxurious buses than we have.

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What is the Cost of Living in Mexico?

The basic cost of living in Mexico is lower than that of the US, Canada and Europe, particularly for items such as fruits, vegetables, meat, poultry, fish, baked goods, and other miscellaneous 'grocery' items.

Local and national pubic transportation is generally lower in cost than the US/CA and Continental Europe, and much lower than in the UK. Competition has been introduced in the domestic airline market and new operators are beginning to make a significant difference to domestic air-travel in Mexico: it's now less expensive to buy a domestic flight in Mexico than it was just 18 months ago.

Utilities are more expensive in Mexico. Prices for electricity are high, compared with US and even European prices, due mainly to the lack of competition. Telephone services are higher than the US and Europe; Telmex, the national telco incumbent, dominates the market, despite its PR work which attempts to play down this fact. The advent of internet telephony (e.g. Skype) is begining to make long distance communications, especially, affordable.

Piped water is relatively inexpensive, but not always potable (drinkable). Decades of under-investment, combined with an attitude of impertinence towards paying water bills, has left Mexico's mains water system in poor condition. As a result, most people purchase bottled water, often in 20L containers. Bottled water costs hundreds, if not thousands, of per cent more per liter when compared against the price of potable tap water in the US, Canada or Europe.

A growing range of items, especially some types of clothing, domestic appliances, audio/visual equipment, technology (e.g. iPods, WiFi), computers, computer software and cameras are more expensive than identical items sold in the USA. Cars cost slightly more in Mexico than equivalent models in the US.

Gasoline and diesel is more expensive than in the USA, although considerably less expensive than in most European countries. European countries, in particular, apply high taxes and duties to auto fuels which drives up the cost to the consumer.

Rents in Mexico can be higher than in equivalent-sized US towns or cities if the place is popular or fashionable, particularly places within easy each of the US border and/or frequented by foreign visitors and expats. In less popular (or less well known / off the beaten track) towns and cities, you may find good quality accommodation at lower rents that you would pay in the US.

Mexico has a centralized economy: that is, most of the country's economic activity revolves around Mexico City and environs. This makes the capital a relatively expensive place to live compared with most of Mexico.

Wages and Salaries in Mexico City are higher than those in the provinces.

Answer 3

Considering the official exchange rates at the moment I doubt your US dollar would get as much as it used to.

Answer 4

Yes That is the best place to exchange your U.S..dollars.

You can get $10.20 in Mexico.

I dint know about your bank but mine gives around $9.50

And exchange store employees should be wearing masks

You wouldn't want to here my opinion of Airports north of Mexico.

They are quite good and competitive at Mexican airports

Everything is an average of 50% cheaper than the U.S.A.

Answer 5

It depends on where you are. In a tourist populated town things will be roughly the same price. You can negotiate for souvenirs and things but in restaurants and corner stores the price you see is the price you pay.

Answer 6

You can get a haircut for 50 pesos....which is roughly five U.S. dollars

Answer 7

Depens where in Mexico, for example in Puebla you could get a 3 course meal  in a not fancy reataurant from 30 pesos, tahts like 2.7 USD, you can go to a carwash and have your car done for 40 pesos  that will be like 3.6 USD, a two bedroom aparment in a nice place  but not luxury will cost you something like 4000 pesos monthly...(377 usd)

In Chihuahua you will not find a meal for less than 4.5 USd, a carwash will cost you 7 usd but you can get a descent aparment for 3000 pesos monthly (285 usd)...

Gasoline or Petrol is 8 pesos the liter thats like 3 USD the Gallon........but when oil prices are down Mexican Gas is more expensive than the US.

A flat screen Samsung TV 42 " inches will be aruond 20,000 pesos..so thats like 30% more of what it will cost in the USA.

Cars made in Mexico can be cheaper here in Mexico than in the Us, but cars made elsewhere are more expensive here than in the USA etc etc etc