CostTrek

✦ Cost of living

Monterrey

Monterrey, Mexico

62
Overall cost index
US = 100
$650
Median 1-bedroom rent
−38%
38% below the US average

In plain terms: Monterrey is about 38% cheaper than a typical US city. A one-bedroom in the centre runs around $650/month.

Cities in Mexico →

▤ Category breakdown

Index vs the US average — the line marks 100. Lower is cheaper.

  • Housing55−45%
  • Food & groceries62−38%
  • Transport48−52%
  • Utilities82−18%
  • Healthcare62−38%
  • Goods & services68−32%

Is Monterrey expensive?

No — Monterrey indexes at 62 against a US average of 100, about 38% below it. Rent is the line that moves most, and a US or Western European salary stretches noticeably further here.

Of the 92 cities we track, Monterrey ranks #76 by overall cost — 16 of them are cheaper.

What a month in Monterrey costs

One person

$1,640/mo

A one-bedroom outside the centre, modest everyday spending.

Couple

$2,340/mo

A one-bedroom in the centre, two adults sharing the bills.

Family of four

$3,960/mo

A three-bedroom in the centre, two adults and two children.

Monthly lineOne personCoupleFamily of four
Rent$490$650$1,140
Food & groceries$290$420$690
Transport$290$420$710
Utilities$160$250$410
Healthcare$170$250$430
Goods & services$240$350$580
Total per month$1,640$2,340$3,960

Estimates, not quotes. Rent comes from this city's own figures; every other line is a US-average household basket (shaped by the BLS Consumer Expenditure Survey) scaled by this city's category index. Your own total moves with the neighbourhood, your habits and whether you run a car. How we calculate these figures →

Good to know before you move to Monterrey

Currency
Mexican peso ($ MXN)
Languages
Spanish
Power
A/B · 127V
Driving
Right-hand side

Taxes

35%

Income tax

progressive

16%

VAT / sales

30%

Corporate

$700

Avg net salary

per month

Visas & residency

Temporary Resident visa via income/savings; popular with nomads.

✈ 180-day tourist entry for many passports.

Temporary Residentresidence

Income or savings proof; up to 4 years.

Permanent Residentresidence

Permanent residence after ~4 yrs. Citizenship after ~5 yrs.

Relocation & documents

Where to look

Updated: · Sources: Economy: World Bank Open Data (GDP per capita, life expectancy, inflation) · Minimum wage (EU + Türkiye): Eurostat earn_mw_cur, 2026-S2 · Taxes: national tax authority / OECD (headline figures)

Cost of living in Monterrey — in your currency

  • 1-bed rent, city centre$650
  • 1-bed rent, outside centre$488

Converted from USD at approximate rates (2026-09).

How we calculate these figures →

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? Frequently asked questions

Is Monterrey, MX expensive to live in?

Monterrey, MX's cost-of-living index is 62 (US average = 100) — about 38% cheaper than a typical US city — and it ranks #76 of the 92 cities we track. On our estimates one person needs around $1,640 a month and a family of four around $3,960, rent included.

How much does it cost to live in Monterrey, MX?

Monterrey, MX's cost-of-living index is 62 (US average = 100) — about 38% cheaper than a typical US city. A one-bedroom apartment in the centre costs around $650 per month.

What are the average living costs in Monterrey, MX?

Living costs in Monterrey, MX are about 38% cheaper than the US average — its cost-of-living index is 62 (US = 100). Monthly living expenses scale with that, and housing is the biggest line: a one-bedroom in the centre runs around $650. See the category breakdown above for where the money goes.

What is the average rent in Monterrey, MX?

A one-bedroom in the city centre averages about $650 per month, and around $488 outside the centre.

What taxes would I pay in Mexico?

Mexico has a top income-tax rate of 35% and a VAT or sales tax of 16%. See the taxes section above for the full breakdown.

❖ Compare Monterrey with…

Monterrey vs New YorkMonterrey vs San FranciscoMonterrey vs Los AngelesMonterrey vs San DiegoMonterrey vs SeattleMonterrey vs BostonMonterrey vs WashingtonMonterrey vs ChicagoMonterrey vs MiamiMonterrey vs AustinMonterrey vs DallasMonterrey vs HoustonMonterrey vs DenverMonterrey vs PhoenixMonterrey vs AtlantaMonterrey vs PortlandMonterrey vs PhiladelphiaMonterrey vs NashvilleMonterrey vs MinneapolisMonterrey vs CharlotteMonterrey vs Las VegasMonterrey vs DetroitMonterrey vs San AntonioMonterrey vs ColumbusMonterrey vs LondonMonterrey vs ParisMonterrey vs BerlinMonterrey vs MunichMonterrey vs AmsterdamMonterrey vs DublinMonterrey vs MadridMonterrey vs BarcelonaMonterrey vs LisbonMonterrey vs RomeMonterrey vs MilanMonterrey vs ZurichMonterrey vs TorontoMonterrey vs VancouverMonterrey vs DubaiMonterrey vs SingaporeMonterrey vs TokyoMonterrey vs SydneyMonterrey vs MelbourneMonterrey vs BangkokMonterrey vs Mexico CityMonterrey vs WarsawMonterrey vs Buenos AiresMonterrey vs MumbaiMonterrey vs IstanbulMonterrey vs BaliMonterrey vs Chiang MaiMonterrey vs MedellínMonterrey vs TbilisiMonterrey vs PortoMonterrey vs ValenciaMonterrey vs São PauloMonterrey vs PragueMonterrey vs ViennaMonterrey vs BudapestMonterrey vs AthensMonterrey vs TallinnMonterrey vs Kuala LumpurMonterrey vs Ho Chi Minh CityMonterrey vs SeoulMonterrey vs BishkekMonterrey vs FrankfurtMonterrey vs LyonMonterrey vs ManchesterMonterrey vs OsakaMonterrey vs MontrealMonterrey vs HamburgMonterrey vs NiceMonterrey vs BangaloreMonterrey vs RotterdamMonterrey vs TurinMonterrey vs FukuokaMonterrey vs GuadalajaraMonterrey vs CologneMonterrey vs MarseilleMonterrey vs NaplesMonterrey vs NagoyaMonterrey vs PuneMonterrey vs StuttgartMonterrey vs BordeauxMonterrey vs FlorenceMonterrey vs SapporoMonterrey vs ChennaiMonterrey vs LuganoMonterrey vs SitgesMonterrey vs FlorianópolisMonterrey vs Mönchengladbach

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.