Is $100 a lot of money in Mexico?

I'm curious, could you help me understand? Is $100 considered a significant amount of money in Mexico? I've heard varying opinions on this, and I'm trying to get a clearer picture. Would it be enough to cover basic expenses for a week, or is it more like a small sum that wouldn't stretch very far? I'm interested in the local context and how it compares to other countries. Could you please elaborate?