Is Condesa Expensive?

Mexico City, Mexico

+22% vs Mexico City avg

Living in Condesa, Mexico City

Condesa is one of the pricier neighborhoods in Mexico City, with a cost of living index of 39.6 — that is +22% compared to the Mexico City average. It ranks #3 out of 25 areas by cost. Estimated rent for a one-bedroom apartment here is around MX$14,469/month, compared to a range of MX$7,709 in Iztapalapa to MX$16,011 in Polanco.

Monthly Budget Breakdown

For a typical resident of Condesa, housing takes up roughly 50% of monthly expenses. Food and groceries account for about 17%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately MX$578,765 before tax.

Typical Salaries in Condesa

Salaries in Condesa reflect the local cost of living. Based on the neighborhood COLI of 39.6:

After tax and deductions of 20.7% in Mexico, take-home pay for someone earning MX$578,765 would be roughly MX$458,961/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

39.6
COLI Index
1.22x
vs City Avg
MX$14,469
Est. 1BR Rent
#3
of 25 Areas
20.7%
Total Deductions

Tax & Deductions in Condesa

Estimated annual deductions on a MX$503,200 salary in Condesa, Mexico City (local employee).

Income Tax
18%
IMSS
2.8%
Total Deductions: 20.7%
Est. Take-Home: MX$398,971/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Condesa would need to be elsewhere:

City Currency Equivalent
New York USD $29,700
London GBP £25,559
Dubai AED AED 148,612

Other Neighborhoods in Mexico City

Neighborhood COLI Multiplier vs Avg
Polanco 43.9 1.35x +35%
Lomas de Chapultepec 42.2 1.30x +30%
Pedregal 39.6 1.22x +22%
Roma Norte 38.4 1.18x +18%
Santa Fe 37.4 1.15x +15%

View all 25 neighborhoods in Mexico City →

Convert Your Salary

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Compare Condesa

Condesa vs Polanco Condesa vs Lomas de Chapultepec

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Condesa:

Pocitos, Montevideo El Carmen, Valencia Diocletian's Palace, Split Kolonaki, Athens Prague 1 (Old Town), Prague Damansara Heights, Kuala Lumpur

Frequently Asked Questions

Is Condesa expensive in Mexico City?

Yes, Condesa is one of the more expensive neighborhoods in Mexico City. It costs about +22% more than the city average, ranking #3 out of 25 neighborhoods.

How does Condesa compare to the Mexico City average?

The cost of living in Condesa is significantly above the Mexico City average. With a multiplier of 1.22x, everyday expenses including rent, food, and transportation are +22% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.