Yes, Los Cabos is usually more expensive than Cancún and Puerto Vallarta, especially for rent and restaurants. But for buyers from California, Texas and Arizona, the price is only half the story. Here is how the three compare, with real numbers, and why many U.S. buyers still choose Los Cabos.
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This is how much cheaper Cancún and Puerto Vallarta are compared with Los Cabos, according to Numbeo:
| Category | Cancún vs Los Cabos | Puerto Vallarta vs Los Cabos |
| Rent | 52% lower | 31% lower |
| Restaurants | 45% lower | 40% lower |
| Groceries | 10% lower | 4% lower |
Source: Numbeo city comparisons. Los Cabos has fewer data contributors than the other two cities, so use these numbers as a guide.
The biggest difference is in rent and restaurants. Groceries cost almost the same in all three, because much of what you buy is shipped in.
| Los Cabos | Cancún | Puerto Vallarta | |
| Climate | Dry desert, low humidity | Tropical and humid | Tropical and humid |
| Sea | Pacific and Sea of Cortez | Caribbean | Pacific, Banderas Bay |
| Seaweed (sargassum) | No | Yes, in season | No |
| Golf | Many private golf communities | Fewer options | Some options |
| Flights from the West Coast | Shortest | Longest | Short |
💡 Our take: if your budget is the only thing that matters, Cancún or Vallarta will cost you less. If you want private golf, a dry climate and the shortest flight from the West Coast, Los Cabos is worth the difference.
Also comparing safety? Read Is Cabo Safer Than Cancún? For a comparison with U.S. cities, see The Cost of Living in Los Cabos vs Major U.S. Cities.
Yes. According to Numbeo, rent in Cancún is about 52% lower and restaurants about 45% lower than in Los Cabos. Groceries are only about 10% lower.
Yes, but the gap is smaller. Rent in Puerto Vallarta is about 31% lower and restaurants about 40% lower. Groceries cost almost the same.
Los Cabos is a luxury destination with many high-end resorts and private communities, a small supply of homes, and many products that are shipped in from mainland Mexico or the U.S.
Yes. Near the coast, U.S. buyers purchase through a fideicomiso (bank trust) in Los Cabos, Cancún and Puerto Vallarta.
Comparing where to buy in Mexico?
We live in Los Cabos and can show you exactly what your budget buys here, community by community.
Source: Numbeo city comparisons (Los Cabos vs Cancún and Los Cabos vs Puerto Vallarta), checked October 2026; local experience of Karla & Erick | Cabo Realty. Prices change, so use them as a guide.
Disclaimer: Karla & Erick | Cabo Realty provides educational content about communities, lifestyle and real estate in Los Cabos. We are MLS members and operate under the brokerage Century 21 Paradise Properties.
Karla & Erick | Cabo Realty | Century 21 Paradise Properties
Thinking of moving to Baja California Sur, México?
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