✦ Compare
Monterrey vs
New York
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
Monterrey, MX vs New York, NY at a glance — New York, NY is 83% more expensive than Monterrey, MX overall. Median 1-bed rent runs about $3,800/mo versus $650/mo. Top income tax: 37% vs 35%.
To keep the same standard of living in New York, NY, you'd need
$137,257 / year
New York, NY is 83% more expensive overall
Category breakdown (New York, NY vs Monterrey, MX)
- Housing+209%
- Food & groceries+39%
- Transport+85%
- Utilities-4%
- Healthcare+24%
- Goods & services+38%
◎ How Monterrey, MX and New York, NY compare
Index vs the US average — the line marks 100. Lower is cheaper.
▤ Full comparison
| Monterrey, MX | New York, NY | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 62 | 113 |
| Housing | 55 | 170 |
| Food | 62 | 86 |
| Transport | 48 | 89 |
| Utilities | 82 | 79 |
| Healthcare | 62 | 77 |
| Goods & services | 68 | 94 |
| Housing | ||
| Rent, 1-bed centre | $650/mo | $3,800/mo |
| Rent, 1-bed outside | — | $2,600/mo |
| Rent, 3-bed centre | — | $7,500/mo |
| Buy price / m² centre | — | $15,000 |
| Money & purchasing power | ||
| $1,000 goes as far as | $1,623 | $887 |
| Inexpensive meal | — | $25 |
| Monthly transit pass | — | $132 |
| Taxes | ||
| Income tax (top rate) | 35% | 37% |
| VAT / sales tax | 16% | 0% |
| Social security (employee) | — | 7.7% |
| Corporate tax | 30% | 21% |
| Capital gains | — | 20% |
| Economy & salaries | ||
| Avg net salary | $700/mo | $4,300/mo |
| Avg annual wage (OECD, PPP) | $24,463✓ | $86,977✓ |
| Minimum wage | $420/mo | $1,257/mo✓ |
| GDP per capita | $13,889✓ | $90,027✓ |
| Inflation (annual) | 3.8%✓ | — |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | No |
| English proficiency | — | Native |
| Coworking spaces | — | 200 |
| Time zone | — | UTC-5 |
| Quality of life | ||
| Quality of life (overall) | — | 69 |
| Safety index | — | 55 |
| Healthcare index | — | 78 |
| Pollution index | — | 55 |
| Internet speed | — | 200 Mbps |
| Walkability | — | 90 |
| Public transport | — | 85 |
| Family-friendly | — | 55 |
| Tap water | — | Safe to drink |
| Health insurance | — | $500/mo |
| Life expectancy | 75 yr✓ | 79 yr✓ |
| LGBTQ+ acceptance | Moderate | High |
| Climate | ||
| January avg | — | 0 °C |
| July avg | — | +25 °C |
| Sunny days / year | — | 234 |
| Rainfall / year | — | 1,200 mm |
| Connectivity | ||
| Flight to nearest hub | — | 1 h |
Taxes & Economy & salaries: Mexico vs United States. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
✓ = official statistics (OECD (PPP), US DOL (federal), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →
Cost of living: Monterrey vs New York — in your currency
Converted from USD at approximate rates (2026-09).
Good to know before you move to Monterrey
- Currency
- Mexican peso ($ MXN)
- Languages
- Spanish
- Power
- A/B · 127V
- Driving
- Right-hand side
Good to know before you move to New York
The benchmark against which everywhere else feels cheap. World-class salaries and everything else, offset by the highest rents in the dataset.
- Currency
- US dollar ($ USD)
- Languages
- English
- Time zone
- UTC-5
- Internet
- 200 Mbps
- English
- Native language
- Safety
- 55/100
- Climate
- ❄ 0°C · ☀ 25°C · 234 sunny days/yr
- Tap water
- Safe to drink
- Power
- A/B · 120V
- Driving
- Right-hand side
- Popular areas
- Manhattan · Brooklyn · Queens
Plan your move to Monterrey
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsAviasales
- HotelsPlanetofhotels
- Car rentalLocalrent
- Airport transferKiwitaxi
- Tours & ticketsKlook
- eSIM / dataAiralo
- Luggage storageRadical Storage
Sponsored
Plan your move to New York
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsAviasales
- FlightsCheapOAir
- HotelsPlanetofhotels
- Car rentalDiscoverCars
- Airport transferKiwitaxi
- Tours & ticketsKlook
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Parking & carWay.com
Sponsored
? Frequently asked questions
Moving from Monterrey to New York: cheaper or more expensive?
Moving from Monterrey to New York, your cost of living will be roughly 83% more expensive. New York’s cost-of-living index is 113 versus 62 for Monterrey (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is Monterrey cheaper than New York?
New York is about 83% more expensive than Monterrey overall — its cost-of-living index is 113 versus 62 for Monterrey.
Which is more expensive, Monterrey or New York?
New York is more expensive than Monterrey. Its cost-of-living index is 113 vs 62 (US = 100) — about 82% higher.
Is rent cheaper in Monterrey or New York?
Rent is cheaper in Monterrey — about $650/month for a one-bedroom in the city centre, vs $3,800 in New York.
How much do you need to earn in New York to live like in Monterrey?
To keep the same standard of living, a $75,000 salary in Monterrey is worth about $137,257 in New York. Enter your own figure in the calculator above.
Which has lower taxes, Monterrey or New York?
Mexico has the lower top income-tax rate — 35% versus 37% in United States.
◷ More comparisons from Monterrey
How we calculate these figures →
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.