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Mexico’s Inflation Measured in Bread. Has the price of Pan de Muerto gone up in Mexico? 💀🍞 We decided to find out using bread as our very own Inflation Index! Back in 2023, we filmed a Pan de Muerto taste test around San Miguel de Allende, trying breads from six local bakeries. Two years later, we’re revisiting that same video to compare today’s 2025 prices and see just how much Mexico’s cost of living has changed, one loaf at a time. From classic old-school bakeries to gourmet cafés, we discovered everything from slight bumps to major jumps (and even one price drop!). Stick around to the end for our completely unscientific but very tasty “Pan de Muerto Inflation Index.”
Chapters
00:00 Intro | Measuring Inflation in Mexico Through Pan de Muerto Prices
00:37 Día de Muertos Altars Explained | The Meaning Behind Mexico’s Most Iconic Tradition
02:02 What Is Pan de Muerto? | Symbolism and History of Mexico’s Day of the Dead Bread
03:06 Panio Bakery San Miguel | Pan de Muerto Taste Test & 2023 vs 2025 Price Comparison
05:33 Planning Your Move to Mexico? | Join Our Move to Mexico Discovery Week 2026
06:29 Panina Bakery San Miguel | Gourmet Pan de Muerto Review and Price Change
08:38 Buon Forno Bakery San Miguel | Traditional Pan de Muerto Tasting & 2-Year Price Update
11:16 Marulier Bakery San Miguel | Comparing 2023 and 2025 Pan de Muerto Prices
13:11 La Colmena Bakery San Miguel | Old-School Pan de Muerto and Inflation in Mexico
15:26 Buena Vida Bakery San Miguel | Pan de Muerto Price Drop in 2025!
18:08 Ranking All 6 Bakeries | Best Pan de Muerto in San Miguel de Allende
20:25 Pan de Muerto Inflation Index | Comparing 2023–2025 Prices Across Mexico Bakeries



¿Por favor, pueden hacer un show sobre los dichos? ¿Y qué significa “toma chocolate para que lo que veas?”
Love it. We lived here 22/23 and 2016 and just moved back a couple of weeks ago. I’ve been quite surprised at the price increases. We used to live across the street from Buonforno which was dangerous as so good:) Sadly now we have to drive to these.
This was great! Thank you. I’m having a go at making some this week!
That was a fun video! I love seeing all the different ones from different places. I was in Mexico city in Oct 2018 and I definitely ate a lot of bread/pastry and I tried a pan de muerto but I cannot remember if I liked it or not! I wish I had been better at documenting things back then! I also found it strange/funny that the price of the one went down! That was unexpected!
I believe Melissa Sumner started Buena Vida in the 90s.
Fun video! Enjoyed seeing all the decorations around town and imagined tasting all those breads. Just as a point of comparison to California prices, Pan de Muerto at our local Vons supermarket is going for $8 this year! That’s 146.90 MX Pesos (as of 10-27-25)! It’s a no-frills bread – no candied fruits, just traditional.
San Micky Mause beutiful gringo town !!