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by er4hn 487 days ago
Polanco, a neighborhood in Mexico City, has homes that sell for prices that you'd expect from Malibu, CA or Atherton.
3 comments

That’s really interesting to think about. I had seen a list of the most expensive streets and Polanco is home to one of those (the commercial Avenida Presidente Masaryk) and Atherton is on the list too (the residential Walsh Road).
It’s also the biggest city on the continent so it stands to region the range in CoL might be huge.
But that's also because the richest people aren't so affected by low cost of living. Prices temd to be based on what people can afford. And those neighbourhoods tend to be for the top 0.1%
Though that's not a good example since you're just pointing out where the richest people live in Mexico City.

It reveals nothing about the CoL of the city.