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Funeral Costs Surge in 2025 Across Mexico, Peru and Spain as Inflation and Seasonal Demand Push Prices Higher

Low uptake of funeral planning is leaving families exposed to higher last‑minute prices.

Overview

  • In Mexico, sector estimates say basic packages now run about 15,000–30,000 pesos—up to 20% higher year over year—while premium options can exceed 80,000 to 200,000 pesos, with the highest prices concentrated in Mexico City, Monterrey and Guadalajara.
  • Executives at J. García López report that 96% of their services are cremations and say companies could adjust prices a further 9–10% in 2026 depending on economic conditions.
  • Only about 4% of Mexicans have funeral protection, and industry guidance warns that buying at the time of death can add roughly 25–30% to the bill, with street vendors promoting prepaid plans starting around 100 pesos per week to spread costs.
  • In Spain’s Córdoba, the OCU places the average outlay for a complete burial near €3,000, with coffins averaging about €1,200 and cremation or inhumation around €600, as flower prices during All Saints’ week often rise sharply.
  • In Peru, a basic service averages roughly S/2,200 and cremations range from S/2,000 to S/7,500, while total costs can exceed S/45,000 once burial plots and extras are included.