Are you considering a move to Monterrey, Mexico, and wondering about the cost of living? Monterrey is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Monterrey and help you understand whether $2168 per month is moderately priced, given the average monthly salary of $1106.28.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
13.63 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
43.5 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
8.7 $ |
|
|
Domestic Beer (1 pint draught) |
2.32 $ |
|
|
Imported Beer (12 oz small bottle) |
3.48 $ |
|
|
Cappuccino (regular) |
3.34 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
1.34 $ |
|
|
Water (12 oz small bottle) |
0.99 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.58 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
2.59 $ |
|
|
Rice (white), (1 lb) |
1.98 $ |
|
|
Eggs (regular) (12) |
2.75 $ |
|
|
Local Cheese (1 lb) |
9.59 $ |
|
|
Chicken Fillets (1 lb) |
8.78 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
12.61 $ |
|
|
Apples (1 lb) |
2.96 $ |
|
|
Banana (1 lb) |
1.37 $ |
|
|
Oranges (1 lb) |
1.53 $ |
|
|
Tomato (1 lb) |
1.86 $ |
|
|
Potato (1 lb) |
2.15 $ |
|
|
Onion (1 lb) |
1.57 $ |
|
|
Lettuce (1 head) |
1.32 $ |
|
|
Water (1.5 liter bottle) |
1.08 $ |
|
|
Bottle of Wine (Mid-Range) |
14.5 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.43 $ |
|
|
Imported Beer (12 oz small bottle) |
2.67 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
4.23 $ |
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|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.87 $ |
|
|
Monthly Pass (Regular Price) |
23.63 $ |
|
|
Taxi Start (Normal Tariff) |
1.74 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.16 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
18.85 $ |
|
|
Gasoline (1 gallon) |
1.4 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
22907.77 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
23994.44 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
124.4 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.48 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
38.06 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
19.81 $ |
|
|
Cinema, International Release, 1 Seat |
5.8 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
271.85 $ |
|
|
International Primary School, Yearly for 1 Child |
4987.51 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
60.65 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
44.61 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
100.64 $ |
|
|
1 Pair of Men Leather Business Shoes |
105.28 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
952.76 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
647.6 $ |
|
|
Apartment (3 bedrooms) in City Centre |
1677.97 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
1091.02 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
2203.79 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
1484.54 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
1106.28 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
11.61 % |
|
The monthly expenses for living in Monterrey come to a total of approximately $2168. This includes an average monthly rent of around $952 for a one-bedroom apartment in the city center, along with utilities costing about $139 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $612 per month.
Living in Monterrey appears to be relatively budget-friendly when considering the average monthly income of $1106.28. However, to enjoy a comfortable standard of living in Monterrey, you would likely need an income exceeding $1106.28.
In Monterrey, the average monthly post-tax salary hovers around $1106.28, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Monterrey is approximately $952. If you're open to living in a location outside the city center, you can expect to pay around $647.6 for such an apartment.
The expense for groceries in Monterrey can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $494 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in Mexico can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Mexico.
Monterrey is generally safe, but there are very dangerous areas of the city. Take proper precautions to minimize risk. Local professionals and cab drivers can be useful sources for suggesting safer destinations within the district since they know the area.
Public transportation areas such as bus and railway depots tend to be places where people are most pickpocketed. You should take care to call ahead for a taxi or keep your belongings secure to your body while on a train or bus.
Public places such as stations, streets, and airports are common areas for theft. Always keep your purse, wallet, baggage, and other valuable belongings secured and close by your side. Make sure you don’t have cash or credit cards loose and exposed.
Although there is little risk, Monterrey is prone to flooding since it is divided by a river that lies along the main thoroughfare. It is not serious, but you should be aware of it during inclement weather. Also, be careful when swimming on beaches and avoid the ocean during high tides.
The chances that a tourist will be mugged are rare but can happen if one leaves oneself vulnerable. Stay in areas that are well-lit and not deserted. If you can avoid it, do not travel alone. There is more safety in numbers.
There haven’t been any attacks in Monterrey's recent history, but you should always be wary of the possibility in today's volatile world. It behooves us all to be watchful and keep abreast of local threats in the news and areas of heightened security.
Scams can happen in Monterrey or anywhere. There are always con artists that will sense an opportunity that presents itself, especially with out-of-town visitors who can be carefree and naïve. Please do not accept any drinks, food, or favors from strangers as you don’t know their intent.
If you are traveling alone, avoid local clubs and bars where you could be exposed to sexual and violent predators. You lower your risk by vacationing with a partner or group. If you must travel alone, stay within a close radius of your hotel or another source of accommodation. If you experience a threat, you have the safety net of a 24-hour hospitality staff nearby.
Drinking water is generally safe in Monterrey because Mexico has progressed in the last ten years with improvements to sanitation and piping procedures. The water quality is much better in larger municipalities and major cities like Monterrey than in rural areas.
Legal entry to Monterrey is fairly easy. Nationals can obtain a traveler’s permit for 15 USD upon entering Mexico. If you are unsure about your visa status as per your nationality, contact your local Mexican embassy for more information.
The official currency in Monterrey is the Mexican peso. Mexico is considered mostly a cash economy, although credit cards are accepted at most tourist locations, such as major hotels, restaurants, and stores. ATMs can be found throughout the country.
Monterrey has a dry, arid climate with very little rainfall during the year. July is the warmest month, while January is the coolest. Temperatures can get as high as the 90s in summer and as low as the 50s in winter.
Monterrey International Airport is located in Apodaca, Nuevo León. In conjunction with Del Norte International Airport, the airport handles domestic and international flights for the city of Monterrey and its surrounding area. MIA is conveniently small with a fast, friendly, and English-speaking service.
Be prepared with insurance should you have a medical emergency or a victim of theft. Travel insurance is always recommended when traveling to Monterrey or anywhere else outside your country. There is nothing like having that peace of mind in the event of misfortune so far from home.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 71°F | 76°F | 82°F | 88°F | 91°F | 93°F | 94°F | 94°F | 89°F | 83°F | 77°F | 72°F |
| Temp | 59°F | 63°F | 69°F | 75°F | 79°F | 82°F | 82°F | 83°F | 78°F | 73°F | 65°F | 59°F |
| Low | 50°F | 53°F | 58°F | 65°F | 70°F | 73°F | 73°F | 73°F | 70°F | 64°F | 57°F | 51°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 21°C | 24°C | 27°C | 31°C | 32°C | 33°C | 34°C | 34°C | 31°C | 28°C | 25°C | 22°C |
| Temp | 15°C | 17°C | 20°C | 23°C | 26°C | 27°C | 27°C | 28°C | 25°C | 22°C | 18°C | 15°C |
| Low | 10°C | 11°C | 14°C | 18°C | 21°C | 22°C | 22°C | 22°C | 21°C | 17°C | 13°C | 10°C |