🇲🇽 Mexico · #310 of 538 cities · 2026

Cost of Living in Monterrey

4.3% above the Mexico average

Ranked #310 of 538 cities · More expensive than 42.4% of cities worldwide

Compared to Mexico average

Rent Prices

Rent Prices in Monterrey

Apartment City Centre Outside Centre You Save
1-Bedroom MXN 17,792/mo ≈ $1,023 MXN 12,000/mo ≈ $690 33%
3-Bedroom MXN 30,857/mo ≈ $1,774 MXN 25,349/mo ≈ $1,457 33%
Numbeo · 2026-03-18

Multi-Source Comparison

★★★ High Confidence

Monterrey has a composite cost index of 39.4 from 3 independent data sources.

39.4
Composite
3
Sources
0.4
Spread

Source Values (NYC = 100)

Numbeo
39.4
Expatistan
39.8
LivingCost
No data
SIM
33.9
Eurostat Validation (EU27 = 100) Gov. Data
Eurostat
52.5

Based on 50 country PLI x 1.1 city factor

View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
+4.3% Average
Rent
+4.6% Average
Groceries
+4.2% Average
Restaurants
+4.8% Average
Purchasing Power
+4.8% Average

Living in Monterrey: What to Expect

Monterrey is average by global standards (ranked #310 of 538 cities). It is 4.3% more expensive than the Mexico average, based on 7 cities.

Groceries are average, while dining out is average. Groceries offers the best value, while Restaurants is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

Workers in Mexico earning MXN 1,005,324 gross take home MXN 62,368/month after tax (25.6% effective rate). See full Mexico tax calculator →

Similar Cities

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