Is San Miguel de Allende more expensive than Monterrey?

San Miguel de Allende is 2.7% more expensive than Monterrey overall. Rent is 13.9% higher, groceries 11.9% more expensive, and restaurants 0.0% cheaper.

Which city has better purchasing power, Monterrey or San Miguel de Allende?

Monterrey has a purchasing power index of 52.7 while San Miguel de Allende has 29.4 (NYC = 100). Monterrey offers better purchasing power.

Cost of Living Comparison · 2026

🇲🇽 Monterrey vs 🇲🇽 San Miguel de Allende

2026

San Miguel de Allende is 2.7% more expensive

Category	🇲🇽 Monterrey	🇲🇽 San Miguel de Allende	Difference
Cost of Living	51.4	52.8	+2.7%
Rent	23.1	26.3	+13.9%
Groceries	58.0	64.9	+11.9%
Restaurants	52.1	52.1	0.0%
Purchasing Power	52.7	29.4	-44.2%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.