Mexico

Compared with South Korea, using real observed prices.

Baseline: South Korea = 1×

Mexico vs

South Korea

Overall verdict

Mexico is about 1.14× South Korea.

Average across 5 categories, 7 items with data

The shape of prices (vs South Korea = 1×)

How to read this

The centre line is South Korea. A bar running right means Mexico is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than

South Korea South Korea = 1×

Mexico is pricier →

🍔 Food & Dining 1 item

×1.65
📱 Electronics 1 item

×1.30
🎟 Leisure 1 item

×1.27
⛽ Transport 2 items

×1.12
⚡ Utilities 2 items

×0.65

Thin bar shows the range (cheapest to priciest item in the category)

In Mexico, Big Mac costs 1.6× what it does in South Korea — but Natural gas 1kWh (household) costs only 0.5×. What is expensive here is labour, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Big Mac 1 burger ×1.65

Mexico ₩9,064 MXN 109

South Korea ₩5,500 KRW 5,500

Observed 2026-01-01 · The Economist Big Mac Index
iPhone (base model, base storage) 1 unit ×1.30

Mexico ₩1,673,373 MXN 19,999

South Korea ₩1,290,000 KRW 1,290,000

Observed 2026-07-27 · Apple official online store
PC game (Cyberpunk 2077) 1 game ×1.27

Mexico ₩83,589 MXN 999

South Korea ₩66,000 KRW 66,000

Observed 2026-07-27 · Steam Store
Gasoline 1L 1 L ×1.14

Mexico ₩2,530 USD 1.624

South Korea ₩2,223 USD 1.427

Observed 2026-07-20 · GlobalPetrolPrices.com
Diesel 1L 1 L ×1.09

Mexico ₩2,409 USD 1.546

South Korea ₩2,205 USD 1.415

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×0.86

Mexico ₩164 USD 0.109

South Korea ₩191 USD 0.127

Observed 2026-04-01 · GlobalPetrolPrices.com
Natural gas 1kWh (household) 1 kWh ×0.49

Mexico ₩54 USD 0.036

South Korea ₩110 USD 0.073

Observed 2026-04-01 · GlobalPetrolPrices.com