Economic Indicators

GDP per Capita (PPP)$26,185 (2024)
Inflation Rate4.7% (2024)
Health Spend per Capita$761 (2023)
Out-of-Pocket Health Spend41.2% (2023)
Education Spend (% GDP)4.1% (2022)
Source: World Bank Open Data

The cost of living in Oaxaca is generally considered to be affordable, with a daily budget of $30-50 USD per day for a backpacker, $50-100 USD per day for a mid-range traveler, and $100-200 USD per day for a comfortable stay.

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$30-50 USD
Daily Budget (Mid-Range)$50-100 USD
Daily Budget (Comfort)$100-200 USD
CurrencyMXN
Tipping Custom10-15% expected

How Expensive Is Oaxaca?

Oaxaca is a city located in the southern part of Mexico, known for its rich cultural heritage and natural beauty. Compared to other major cities in Mexico, Oaxaca is relatively affordable, with a cost of living that is lower than in cities like Mexico City or Cancun. However, prices can vary depending on the location, with the city center tend to be more expensive than the outskirts. Overall, Oaxaca offers a great balance of affordability and quality of life, making it an attractive destination for tourists and expats alike. In terms of global averages, Oaxaca is considered to be a relatively cheap destination, with prices comparable to those found in other parts of Latin America.

Oaxaca's affordability is due in part to its local economy, which is driven by agriculture, tourism, and small-scale industry. The city has a thriving market scene, with many vendors selling traditional goods and food at affordable prices. Additionally, the city's relatively low cost of living makes it an attractive destination for digital nomads and remote workers, who can enjoy a high quality of life without breaking the bank. However, it's worth noting that prices can vary depending on the time of year, with peak tourist season (December to April) tend to be more expensive than the off-season.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$10-20Shared rooms and basic amenities
Mid-Range Hotel$40-80Private rooms and standard amenities
Luxury/Resort$150-300High-end amenities and services
Apartment Rent (monthly)$200-500City center, 1-2 bedrooms, furnished
Apartment Rent (monthly)$100-300Outside city center, 1-2 bedrooms, furnished

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$3-5
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$25-40
Fine Dining$50-100
Beer (local)$2-5
Coffee$1-3
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.50-1.00
Taxi (per km)$1-2
Domestic flight$100-200
Fuel (per liter)$0.80-1.20

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent200400800
Food300500800
Transport50100200
Utilities50100150
Entertainment100200300
Total7001,3002,250

Money-Saving Tips

  • Consider staying in a hostel or budget hotel, which can be a affordable and social way to meet other travelers.
  • Eat at local markets or street food stalls, which offer a wide range of traditional dishes at affordable prices.
  • Use public transportation, such as buses or colectivos, which are cheap and convenient.
  • Avoid eating at touristy restaurants, which tend to be more expensive than local eateries.
  • Shop at local markets or tiendas, which offer a wide range of goods at affordable prices.
  • Learn some basic Spanish phrases, which can help you navigate the city and interact with locals.