Cost of Living in Mexico, PA

With a cost of living index of 82, Mexico, PA is a very affordable place to live. Living here is 18% cheaper than the national average and in line with the Pennsylvania state average. Mexico is a small community of 411 residents.

Housing costs are the biggest factor in Mexico's cost of living. The median monthly rent is $1,143 (13% below the US median of $1,319), and the median home value sits at $171,100 (44% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Mexico is $49,476, which is 34% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.