Queretanos, the biggest spenders in Mexico

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Querétaro families are the biggest spenders in the country, averaging 66,762 pesos per quarter in 2024 in urban areas, according to the National Household Income and Expenditure Survey (INEGI).

While spending in rural areas of Querétaro averaged 40,236 pesos per quarter in 2024, residents of Querétaro spent the most on food, beverages, and tobacco, with an average of 21,446 pesos in the quarter. Transportation, vehicle acquisition, maintenance, accessories, and services, as well as communications, came in second place, with 12,503 pesos per quarter.

In third place were education services, educational supplies, recreational items, and other recreational expenses, with 7,247 pesos. Housing and maintenance services, electricity, and fuels accounted for 5,959 pesos per quarter.

As well as 4,670 pesos on personal care, accessories and personal belongings, and other miscellaneous expenses, 3,622 pesos on items and services for cleaning, home care, household goods and furniture, glassware, utensils, and appliances. They also spend 2,373 pesos on clothing and footwear, 2,160 pesos on healthcare, and 1,614 pesos on transfers and other expenses.

According to the survey, Querétaro residents increased their spending the most on transportation and communications, by 22.4% between 2022 and 2024.

By population segment, INEGI revealed that the lowest-income people in the state spent an average of 21,728 pesos, and the highest-income people spent 158,012 pesos.

Querétaro even ranked higher than Mexico City, which had a quarterly expenditure of 66,506 pesos in urban areas, and Nuevo León, which had an average quarterly expenditure of 59,957 pesos. It also ranked higher than Jalisco, which recorded an average expenditure of 57,821 pesos.

In the country, the states with the lowest average expenditure were Chiapas, with 32,952 pesos, Veracruz, with 38,929 pesos, and Guerrero, with 39,318 pesos in urban areas per quarter.

Regarding income, Querétaro averaged 97,615 pesos per quarter, ranking fifth nationwide. The majority of income came from work, followed by transfers, housing rent, and property income.

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Source: oem