There is not a simple answer to this question. Most people feel it is much lower than the US or Canada, but of course it depends on your lifestyle. Purchasing locally produced goods, whether food or manufactured, are cheaper because the cost of labor is so much lower here. Imported goods such as electronics are expensive. Housing is less than in a comparable sized city elsewhere. For more info: http://yucatantoday.com/en/topics/moving-yucatan