How Much Money Should I Bring To Cabo?

by | Last updated on January 24, 2024

, , , ,

While several places in Los Cabos accept debit and credit cards, others do not. It is always a shame to go to a shop and find the exact thing you've been looking for, but not be able to buy it because you have no cash.

Do you need to bring cash to Cabo?

Although Mexico's national currency is the Peso,

Cabo San Lucas and other places in Los Cabos will accept U.S. dollars (USD) for convenience

. Popular tourist areas, as well as shops, restaurants, and other establishments, accept U.S. dollars and major credit cards.

How much does a week in Cabo cost?

The average price of a 7-day trip to Cabo San Lucas is

$2,397 for a solo traveler, $4,305 for a couple, and $8,071 for a family of 4

. Cabo San Lucas hotels range from $53 to $480 per night with an average of $208, while most vacation rentals will cost $180 to $1000 per night for the entire home.

Should I use pesos or dollars in Cabo?

Mexico's currency is the Peso.

U.S. Dollars are widely accepted in Cabo, but expect bad exchange rates if you choose to use dollars

. The peso is normally closer to 11 to a dollar, but local merchants are likely to charge you 10 pesos to a dollar for purchasing their goods.

What is the cheapest time to go to Cabo?


Summer and fall

are considered the low tourist season in Cabo San Lucas, which makes it the cheapest time to visit Cabo. While more travelers come in the winter to escape frigid northern winds, fewer visit Cabo when the weather heats up in the summer and when the rains come in the fall.

Should I get pesos before going to Mexico?


It's recommended that you buy pesos before you land in Mexico

, just in case you need the cash. According to this USA Today article, the most economical way to do this is to buy pesos from your bank in the U.S. Most banks will do this for free, especially if you're not withdrawing a significant amount of money.

How much is a dollar worth in Cabo?

The Mexican Peso is the official currency in Los Cabos, however, U.S. Dollars are widely accepted in most locations. The dollar is closer to

21 pesos

, depending on market fluctuations.

How many pesos is a dollar?

Today Saturday, April 16, 2022 the average US Dollar exchange rate in Mexico is 1 Dollar =

19.8838 Pesos

.

Can I use my cell phone in Cabo San Lucas?

I hope you enjoy your trip.

Your phone should work in Mexico, unless you have an international roaming block or restriction

. You will be charged pay-per-use rates if you do not have a plan that offers Mexico roaming.

How many days should you spend in Cabo?

Our ideal timing would be around

10 days

, allowing for a 3 day resort stay, 3 days in Cabo San Lucas, and the remainder to explore the nearby towns of Todos Santos and La Paz.

How much is a weekend in Cabo?

The average price of a Weekend 3-day trip to Cabo San Lucas, Mexico is

$974 for a solo traveller, $1655 for a couple, and $2142 for a family of 4

. Cabo San Lucas city centre hotel range from $562 to $1404 with an average of $702 per night, while Airbnb rentals will cost you $176 per night for the entire apartment.

How much does a meal cost in Cabo?

Meal in a cheap restaurant

150 MXN (110-251)
Meal for 2 People, Mid-range Restaurant, Three-course 1,200 MXN (700-2,000) McMeal at McDonalds (or Equivalent Combo Meal) 184 MXN (168-200) Domestic Beer (0.5 liter draught) 45 MXN (30-117) Imported Beer (0.33 liter bottle) 65 MXN (25-105)

Can I use my credit card in Cabo?


All major credit cards are accepted at most stores and restaurants

– VISA and MasterCard are the most widely accepted. American Express is accepted in some stores and restaurants, but VISA and MasterCard are preferred. The Discover Card is not yet accepted.

Are there Ubers in Cabo?

Cabo Airport Uber Service


Uber is illegal in Los Cabos

and although may be operating, Uber is not allowed at the Los Cabos Airport. Your Uber app will work in Los Cabos however, please be aware at Los Cabos Airport Uber vehicles are only able to pick you up outside the Airport grounds near the main highway.

Can you drink the water in Cabo?


Don't drink the water

It is not recommended to drink unfiltered tap water in Cabo San Lucas. Just to be safe, ask for bottled water and be wary of drinks with ice cubes.

What's the best month to go to Cabo?

The best time to visit Cabo is from

May to June

, when the wintertime crowds have gone home and the summertime storms have yet to hit. October and November are also nice months for a vacation, but you'll need to begin your hotel search early if you want to save money.

How much does a beer cost in Cabo San Lucas?

Restaurants Edit
Domestic Beer (1 pint draught)


60.11MXN
Imported Beer (12 oz small bottle) 100.19MXN Cappuccino (regular) 58.80MXN Coke/Pepsi (12 oz small bottle) 22.00MXN

What month is the cheapest to fly to Mexico?

Top tips for finding cheap flights to Mexico

High season is considered to be January, November and December. The cheapest month to fly to Mexico is

August

.

Is $100 a lot of money in Mexico?

With today's exchange rates, $100 USD is about $1,900 – $2,000 MXN. Compared to wages, $1,900 MXN is about weeks' worth of salary for most manual labor jobs outside the major cities of Mexico. So

for locals that have basic day labor jobs, it is a decent amount of money

.

Can I use my debit card in Mexico?

If you're planning to travel to Mexico, you may be concerned with how you will access your funds to pay for expenses during your trip. You should be aware that

credit and debit cards are not accepted in all establishments in Mexico

.

How many dollars can you bring into Mexico?

Average Daily Spend Per Person

$110 USD

($2200 MXN)
Food (Breakfast, Lunch, Dinner) $45 USD ($900 MXN)

Do they take US dollars in Cabo San Lucas?

Cabo's official currency is the Mexican peso, though

U.S. dollars are widely accepted here as well

. You're better off converting your cash to pesos, however, as the return exchange rate is unfavorable and even if you pay in U.S. dollars, you'll receive change in pesos.

How much do taxis cost in Cabo San Lucas?

Taxis. Most taxis in Cabo San Lucas and the area are large vans that can hold more than 10 passengers. Prices vary but are

around 7 dollars a mile

and fares between Cabo and San Jose will be around 35 to 40 dollars.

Do they speak English in Cabo San Lucas?

Although

English is commonly spoken in Los Cabos

, locals appreciate visitors' efforts to speak their language. You will find helpful the fact that you may practice your Spanish with the locals but at the same time most of the population speak or try to speak English so you may get help if you feel lost.

How much is a Coke in Mexico?

In Mexico City, the average price of a 2-liter of Coca-Cola is

28 pesos

, or around $1.40 (based on an exchange of 1:20). In Cabo, you can get a 2-liter of Coke for about 35 pesos, or $1.75.

How much is a $5 Mexican coin worth?

Krause number KM# 605 Currency rate 5 MXN =

0.25 USD
Year 1997-2021 Period United Mexican States (1992 – 2021) Coin type Circulation coins

How many pesos is a house in Mexico?

Characteristic Price in thousand Mexican pesos
Mexico City


3,038.39
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.