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Money and costs

Currency
Pesos ($)
Exchange Rates
Rates provided by Open Exchange Rates. Last updated February 13, 2019 2:06PM UTC
Daily Costs
Budget (up to)
M$800
  • Hostel dorm bed: M$200; double room in budget hotel: M$370–620
  • Comida corrida (fixed-price lunch) in low-budget restaurant: M$60–90
  • 250km bus trip: M$230
Midrange
M$800–M$2300
  • Double room in midrange hotel: M$630–1500
  • Good dinner with drinks: M$250–350
  • Museum admission: M$10–70
  • City taxi ride: M$35–65
  • Hiking/rafting/mountain-biking day trip M$900–2000
Top end (more than)
M$2300
  • Double room in top-end hotel: M$1600–5000
  • Fine dinner with drinks: M$360–500
  • Personalized day tour: M$1500–2000
  • Two-hour horseback ride: M$1000

Mexico’s currency is the peso (M$). Mexico is largely a cash economy. ATMs and exchange offices are widely available. Credit cards are accepted in many midrange and top end hotels, restaurants and stores.

Tipping

Many service workers depend on tips to supplement miserable wages.

  • Restaurants Tip 10% to 15% unless service is included in the check.

  • Hotels It’s nice (though optional) to leave 5% to 10% of your room costs for those who keep it clean and tidy.

  • Taxis Drivers don’t expect tips unless they provide some extra service.

  • Porters Airport and hotel porters usually get M$50 to M$100.

  • Attendants Car-parking and gas-station attendants expect M$5 to M$10.