Yes, Polanco is an expensive neighborhood. It is one of the most upscale districts in the city, home to many high-end shops, restaurants, and cafes. The cost of living in Polanco is generally higher than in other areas of Mexico City.  This is because Polanco is a highly sought-after district with high property values and strong demand for goods and services. But unlike other places where you might have to pay much more, Polanco offers a desirable area with many good amenities and attractions.