What is the standard of living in Mexico?

Answer The Mexican standard of living is lower than in First World countries, and is due in part to a lack of education and industry. Minimum wage starts at approximately $5 per day, though most people wi... Read More »

Top Q&A For: What is the standard of living in Mexico

How is living in the U.S. different financially than living in Mexico?

Living expenses can vary drastically between the U.S. and Mexico, depending on where you live in and your preferred standard of living. However, financial expenses are generally lower in Mexico tha... Read More »

What is the cost of living in Mexico City?

In a list of 282 international locations, Mexico City ranked as the 190th most expensive place to live, according to As of May 2010, a one-bedroom apartment rents for $300 a month, ... Read More »

What is the cost of living in Loreto, Mexico?

The cost of living in Loreto, Mexico is relatively low by American standards. Two people can maintain a sustainable living on less then $1,100.00 US dollars per month. Loreto has modern convenienc... Read More »

What is the standard cost of living increase?

There is no fixed "federal" cost of living increase annually. However, the U.S. Bureau of Labor Statistics sets its annual cost of living adjustment by using the Consumer Price Index, a measure of ... Read More »