🇲🇽Cost of Living in Monterrey

Mexico · Population: 5,300,000 · Cost Index: 34/100

Cost of Living in Monterrey

Mexico · North America

Mexico's industrial powerhouse and third-largest metro area, Monterrey sits dramatically at the foot of the Sierra Madre mountains in the north. Its strong business culture, proximity to the US border, and high concentration of universities and corporations drive a relatively prosperous economy.

5,300,000

Population

Cost Index

Safety Index

Quality of Life

Average Monthly Cost: $1,350 (single person, excluding rent)

Estimated monthly budget in Monterrey

Typical total monthly cost by household type.

Single person

$1,350

per month

Couple

$2,030

per month

Family of 4

$2,840

per month

Student

$1,010

per month

Estimates based on the average cost of living in Monterrey, scaled by household size. Actual costs vary with lifestyle, neighbourhood and housing.

Cost Breakdown

Housing

Avg: $707.50

1-Bedroom Apartment (City Center)(per month)

$600.00

1-Bedroom Apartment (Outside Center)(per month)

$380.00

3-Bedroom Apartment (City Center)(per month)

$1,150.00

3-Bedroom Apartment (Outside Center)(per month)

$700.00

Food & Groceries

Avg: $5.77

Meal at Inexpensive Restaurant(per meal)

$5.00

Meal for 2 at Mid-Range Restaurant(per meal)

$32.00

McMeal at McDonald's(per meal)

$6.50

Milk (1 liter)(per liter)

$1.25

Bread (500g loaf)(per loaf)

$1.70

Rice (1 kg)(per kg)

$1.15

Eggs (12)(per dozen)

$1.90

Chicken Breast (1 kg)(per kg)

$5.20

Apples (1 kg)(per kg)

$2.10

Banana (1 kg)(per kg)

$0.85

Transportation

Avg: $4.65

Monthly Public Transit Pass(per month)

$20.00

One-Way Ticket (Local Transport)(per trip)

$0.55

Taxi Start (Normal Tariff)(base fare)

$1.00

Taxi 1km (Normal Tariff)(per km)

$0.55

Gasoline (1 liter)(per liter)

$1.15

Utilities

Avg: $34.00

Basic Utilities (85m² Apt)(per month)

$60.00

Mobile Phone Plan(per month)

$18.00

Internet (60 Mbps+)(per month)

$24.00

Healthcare

Avg: $23.00

Doctor Visit(per visit)

$28.00

Dentist Visit(per visit)

$32.00

Prescription Medicine (avg)(per prescription)

$9.00

Entertainment

Avg: $10.08

Fitness Club Monthly(per month)

$30.00

Cinema Ticket(per ticket)

$4.50

Cappuccino(per cup)

$3.00

Beer (0.5l) at Restaurant(per glass)

$2.80

Clothing

Avg: $47.67

Pair of Jeans (Levi's)(per pair)

$45.00

Summer Dress (Chain Store)(per item)

$30.00

Running Shoes (Nike, Adidas)(per pair)

$68.00

Popular Monterrey comparisons

Monterrey vs Mexico City Monterrey vs Guadalajara Monterrey vs New York Monterrey vs London Monterrey vs Tokyo Monterrey vs Singapore Monterrey vs Dubai Monterrey vs Paris

Frequently asked questions about Monterrey

Is Monterrey expensive to live in?

Monterrey has a cost of living index of 34 out of 100, where New York City scores 100. This makes it one of the more affordable cities we track.

How much money do you need to live in Monterrey?

A single person needs an estimated $1,350 per month to live in Monterrey, covering rent, food, transport and other essentials. A family or a more comfortable lifestyle will cost more.

What is the cost of living index in Monterrey?

Monterrey's cost of living index is 34 out of 100. The index is relative to New York City (100), so a score of 50 means overall costs are roughly half those of New York.

What is quality of life like in Monterrey?

Monterrey scores 52 out of 100 for quality of life and 38 out of 100 for safety in our index.