How much does it cost to build a house in Mérida?
Construction Cost Comparison Across the Yucatán Peninsula
Construction cost per m² (MXN) by city and tier, depending on the zone. New one-story house, without extras or design; each additional story adds 5%.
| City | Standard | Premium | Luxury |
|---|---|---|---|
| Mérida | $10,100–11,500 | $12,900–14,700 | $16,200–18,400 |
| Cancún | $12,800–14,700 | $16,300–18,800 | $20,400–23,500 |
| Playa del Carmen | $13,300–14,600 | $17,000–18,700 | $21,300–23,400 |
| Tulum | $13,800–17,300 | $17,700–22,100 | $22,100–27,600 |
| Progreso | $11,700–12,900 | $15,000–16,500 | $18,700–20,600 |
| Valladolid | $11,600–12,200 | $14,900–15,600 | $18,600–19,600 |
| Campeche | $11,700–12,300 | $15,000–15,700 | $18,700–19,600 |
| Cozumel | $17,000–19,600 | $21,800–25,000 | $27,200–31,300 |
| Holbox | $17,500–21,000 | $22,400–26,900 | $28,100–33,700 |
Architectural design is separate: $40,000 + $350 per m². Source: FORMM estimator cost model, October 2026.