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Cost of Living in Monterrey

Whether you’re retiring, temporarily relocating, or moving to Monterrey for good, it’s helpful to have a picture of what life there will cost as an expat. Using Wise could help you reduce your overall costs. Now you can send, receive, and organise your money internationally, without hefty fees.

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Compare the cost of living by city in Mexico

This is a breakdown showing the living expenses in Mexico by city. Major cities usually have a higher cost of living than smaller cities. The average cost of living is about 40.2 as of August 2024, taking into account the most common and unavoidable costs such as housing, food, transport and more.

CityCOL IndexRent Index

46

21.8

41.1

16.7

41.1

23.4

39.6

14.2

39

15.5

Calculate the cost for living in Mexico

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Average living cost in Monterrey

CategoryLocal currencyRange

Restaurants

Meal, Inexpensive Restaurant

250.00 MXN

150.00-500.00

Meal for 2 People, Mid-range Restaurant, Three-course

1,000.00 MXN

600.00-1,800.00

McMeal at McDonalds (or Equivalent Combo Meal)

150.00 MXN

140.00-190.00

Domestic Beer (1 pint draught)

50.00 MXN

25.00-100.00

Imported Beer (12 oz small bottle)

62.50 MXN

40.00-120.00

Cappuccino (regular)

62.76 MXN

30.00-100.00

Coke/Pepsi (12 oz small bottle)

25.47 MXN

20.00-50.00

Water (12 oz small bottle)

20.44 MXN

13.00-30.00

Markets

Milk (regular), (1 gallon)

116.90 MXN

94.64-151.42

Loaf of Fresh White Bread (1 lb)

45.29 MXN

35.38-63.50

Rice (white), (1 lb)

16.21 MXN

11.34-18.14

Eggs (regular) (12)

52.68 MXN

36.00-84.00

Local Cheese (1 lb)

88.12 MXN

54.43-117.93

Chicken Fillets (1 lb)

79.44 MXN

45.36-113.40

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

117.62 MXN

63.50-249.48

Apples (1 lb)

26.09 MXN

18.14-41.96

Banana (1 lb)

10.95 MXN

7.71-22.68

Oranges (1 lb)

15.03 MXN

9.07-22.68

Tomato (1 lb)

16.17 MXN

9.07-22.68

Potato (1 lb)

18.27 MXN

11.79-22.68

Onion (1 lb)

15.36 MXN

7.71-31.30

Lettuce (1 head)

29.56 MXN

20.00-43.00

Water (1.5 liter bottle)

19.76 MXN

15.00-30.00

Bottle of Wine (Mid-Range)

250.00 MXN

120.00-450.00

Domestic Beer (0.5 liter bottle)

29.55 MXN

15.00-40.00

Imported Beer (12 oz small bottle)

50.36 MXN

20.00-90.00

Cigarettes 20 Pack (Marlboro)

80.00 MXN

73.00-100.00

Transportation

One-way Ticket (Local Transport)

15.00 MXN

12.00-20.00

Monthly Pass (Regular Price)

850.00 MXN

100.00-1,500.00

Taxi Start (Normal Tariff)

30.00 MXN

20.00-50.00

Taxi 1 mile (Normal Tariff)

32.19 MXN

24.14-72.42

Taxi 1hour Waiting (Normal Tariff)

250.00 MXN

200.00-350.00

Gasoline (1 gallon)

93.31 MXN

88.96-98.42

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

450,000.00 MXN

350,000.00-535,000.00

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

484,044.44 MXN

450,000.00-550,000.00

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

2,361.11 MXN

1,370.97-4,000.00

Mobile Phone Monthly Plan with Calls and 10GB+ Data

520.14 MXN

400.00-900.00

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

583.22 MXN

400.00-999.00

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult

812.44 MXN

400.00-2,083.33

Tennis Court Rent (1 Hour on Weekend)

383.33 MXN

200.00-500.00

Cinema, International Release, 1 Seat

120.00 MXN

75.00-180.00

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

6,500.00 MXN

5,000.00-9,000.00

International Primary School, Yearly for 1 Child

150,600.00 MXN

111,000.00-200,000.00

1 Pair of Jeans (Levis 501 Or Similar)

1,046.21 MXN

700.00-1,500.00

1 Summer Dress in a Chain Store (Zara, H&M, ...)

835.64 MXN

600.00-1,200.00

1 Pair of Nike Running Shoes (Mid-Range)

1,889.42 MXN

1,200.00-3,000.00

1 Pair of Men Leather Business Shoes

2,056.19 MXN

1,000.00-4,000.00

Rent per month

Apartment (1 bedroom) in City Centre

18,250.00 MXN

10,000.00-25,000.00

Apartment (1 bedroom) Outside of Centre

12,846.15 MXN

8,000.00-21,000.00

Apartment (3 bedrooms) in City Centre

30,400.00 MXN

20,000.00-50,000.00

Apartment (3 bedrooms) Outside of Centre

24,000.00 MXN

15,000.00-50,000.00

Buy Apartment Price

Price per Square Feet to Buy Apartment in City Centre

4,776.64 MXN

4,180.60-10,219.25

Price per Square Feet to Buy Apartment Outside of Centre

4,106.28 MXN

1,486.44-13,935.34

Salaries And Financing

Average Monthly Net Salary (After Tax)

21,402.57 MXN

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

11.62

9.00-15.00

Source: Numbeo, Cost of living comparison. Checked August 2024.

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