For many digital nomads, Mexico is quickly becoming one of the most affordable destinations to call home. The North American nation interestingly has the most Spanish speakers in the world, about three times more than Spain. I only know “si”.
Since the plan is to be a digital nomad in Mexico, perhaps your Spanish should be better than mine.
While I can’t teach you Spanish (yet), I can help suggest the best affordable living options in Mexico. Here’s what you need to know:
When it comes to finding budget-friendly cities that still offer plenty of excitement, here are some top contenders:
Oaxaca is a haven for those seeking a laid-back lifestyle steeped in tradition. Apartments can cost as little as $400–$600 monthly, making them affordable options for long-term stays. With reliable Wi-Fi and coworking spots like Convivio, Oaxaca is ideal for digital nomads who enjoy mingling with a creative crowd.
If you need somewhere quiet, consider Merida. The Yucatan capital is known for its friendly locals so you won’t be short of new friends. You can find a comfortable apartment for around $500–$700 per month.
This is where you find the best coastal life. While slightly pricier than Mérida, you can still live comfortably on a fairly strict budget. You can find one-bedroom apartments near the beach for $600–$800 monthly. Plus, the coworking culture is booming.
Now, we’re moving away from the cities to the actual houses. Here are the most common accommodation options:
Co-living spaces are a great option if you’re looking to save money while connecting with other digital nomads. Spaces like Outsite in Oaxaca offer private rooms and shared amenities, with prices starting at $300 per month. These spaces often include Wi-Fi, cleaning services, and communal areas for socializing.
For short-term stays, hostels and Airbnbs are abundant in Mexico’s major cities and beach towns. In places like Oaxaca and Mérida, you can find hostels for as low as $10–$15 per night or book an Airbnb for $600 per month. Hostels also provide an opportunity to meet other travellers, which can lead to new friends and travel tips.
If you plan to stay for a few months, renting an apartment is often the most affordable choice. Sites like Inmuebles24 or Airbnb have listings across Mexico, with prices for a one-bedroom apartment outside the main city starting at around $400–$600 per month.
Living in Mexico goes beyond just finding a cheap place to stay. Here are some extra tips for making the most of your time:
Mexico’s coworking scene is vibrant, with spaces like Homework in Mexico City and Impact Hub in Oaxaca offering affordable day passes and monthly rates starting from $50 per month. Several coworking spots host events and community lunches, perfect for networking with fellow digital nomads.
Mexico has an affordable and reliable public transportation system, particularly in bigger cities. A Metrocard in Mexico City gives you access to buses and the metro for under $0.50 a ride. For those in smaller towns, buses and colectivos (shared vans) are the way to go, offering cheap travel options to explore the area.
One of the perks of living in Mexico is access to fresh produce and local goods at unbeatable prices. Head to the nearest Mercado for fruits, vegetables, and other essentials, and don’t be afraid to bargain a bit. For fresh flavours at low prices, local markets are your best friend.
As you can see, Mexico offers a wide range of affordable options for digital nomads. Wherever you choose to settle, managing your finances while living abroad is necessary.
That’s where Grey comes in. With a Grey USD, GBP or Euro account, you can easily send, receive, and manage your funds from anywhere in the world. Open your free account and focus on what really matters — enjoying your time in Mexico.
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