During the second quarter of 2024, almost six out of 10 inhabitants over 18 years of age considered it unsafe to live in their city The perception of insecurity among Mexicans fell to 59.4 percent in the second quarter of 2024, close to the lowest level in its history, despite a period marked by the […]
Inflation in Mexico soars; reaches annual rate of 5.61% in the first half of July
In the first half of July 2024, the National Consumer Price Index (INPC) registered a variation of 0.71% compared to the previous half; with this result, the annual general inflation in Mexico stood at 5.61%, the highest level since the second half of May 2023, according to information published by the National Institute of Statistics […]
CNBC: American couple moved from the US to Mexico and lives on $3000 a month: what they say is cheaper
When Jen Barnett and Brett Andrews began seriously thinking about leaving the United States, they had some parameters for their new home. The Birmingham, Alabama, couple wanted to live somewhere not too far from the beach, that had a strong middle class, where politics leaned toward progress and, perhaps most importantly, where people enjoyed a […]
Strong peso discourages new Americans from moving to Mexico
“Neither of us had ever been there before, but I read a blog post and thought it was great,” she says, “during those three days we found a beach house and talked to a real estate agent. We were shocked at how affordable it was, especially considering we were living in San Diego at the […]
“Right now, these prices are not enough”: this is how inflation is experienced in shops and restaurants in Mexico
Better buy cans Luis Gomez, 62, pays 1,500 pesos for a box with 20 kilos of chayote. He sells it for 100 pesos, making a profit of only 500 pesos in the three days it takes to sell it. “Right now we have a super peso and with these prices it is not enough for […]
AMLO boasts of gentrification in CDMX and recommends a restaurant with few foreigners: “Mexico is in fashion”
President Andrés Manuel López Obrador boasted that in recent years foreigners have shown a preference for vacationing and living in Mexico, mainly in the city, assuring that the country has always had “a very good reputation in the world,” so he believes that Mexicans should feel proud. In his morning press conference today, the president […]
Mexico has the worst salary in the OECD… and it continues to sink
Mexico has the worst salary among the countries that make up the Organization for Economic Cooperation and Development (OECD), with an average that barely reaches 5.5 dollars per hour before taxes. The international organization indicated that this figure is similar to the income that Mexican workers obtained in 2015, which shows a stagnation of at […]
Housing prices in Mexico rise 9.7% in first quarter: real estate consultancy
Housing in Mexico rose 9.7% in the first quarter compared to the same period last year, according to Marisol Becerra, Regional Partner Mexico-Centro of the real estate consultancy 4S Real State. The director pointed out that the cost of housing in the country averages a total of 1.7 million pesos (mdp) due to the increase […]
I had my $80,000 dream wedding in Mexico – including $3,000 on fireworks
Misaki Hajimirsadeghi and her husband Amir, both 29, spent their life savings to have the perfect destination wedding at the Nobu Hotel, Los Cabos, Mexico. The couple saved up $100,000 for the big day, which was attended by 75 guests who stayed at the hotel. The total cost of the wedding came out to be […]
Population in working poverty cannot afford even half of a basic basket: BBVA
Most of the population living in working poverty cannot afford to buy half of the basic food basket, as their income can only cover a little more than 40 percent of it, according to an analysis by BBVA on Tuesday. “On average, and at the end of the first quarter of this year, the population […]