What is the cost of living in Monterrey?

The cost of living in Monterrey is 63.6% cheaper than New York City (index: 36.4). Groceries are 47.0% cheaper than NYC. Restaurants are 46.9% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately MXN 17,468 per month. Local purchasing power index is 60.8 (NYC = 100).

How much tax do you pay in Mexico?

In Mexico, a gross salary of MXN 1,025,550 per year results in approximately MXN 63,759 per month take-home pay after income tax and social contributions (effective rate: 25.4%). Use our Mexico tax calculator for a personalised breakdown.

🇲🇽 Mexico · #315 of 577 cities · 2026

Should I Move to Monterrey?

Q: Should I move to Monterrey?

Monterrey, Mexico has a cost of living 63.6% cheaper than New York City (index: 36.4). It is ranked #315 out of 577 cities globally. Local purchasing power is moderate (index: 60.8 vs NYC = 100). Workers in Mexico earning MXN 1,025,550 gross take home approximately MXN 63,759/month after tax. Use our salary comparison calculator to see exactly how your take-home pay would change.

63.6% cheaper to live here than in New York City.

Run the calculator below with your actual salary to get a personalised answer.

-63.6%

vs NYC

MXN 17,468

1-BR, city centre

MXN 63,759

Net take-home

Moderate

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from October 2026

Personalised Answer

Compare your salary: move to Monterrey?

Example: MXN 1,025,550 gross/year in Mexico → MXN 63,759/month net after tax (25.4% effective rate). Full Mexico tax breakdown →

Cost breakdown: Monterrey

Cost indices vs NYC = 100

Cost of Living

36.4 Mid-priced

Rent

22.2 Very affordable

Groceries

53.0 Affordable

Restaurants

53.1 Affordable

Purchasing Power

60.8 Moderate

Rent in Monterrey

1-BR, city centre MXN 17,468/mo

1-BR, outside centre MXN 12,203/mo

3-BR, city centre MXN 33,430/mo

3-BR, outside centre MXN 23,198/mo

Save by going outside centre 30% cheaper

Numbeo · 2026-10-02

Mexico take-home pay

MXN 1,025,550 → MXN 63,759/Net take-home (25.4% effective rate, single filer)

Full Mexico tax calculator →

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇲🇽 Puerto Vallarta

Mexico

CoL index 37.8

Compare Puerto Vallarta vs Monterrey →

🇲🇽 Mexico City

Mexico

CoL index 34.4

Compare Mexico City vs Monterrey →

🇲🇽 San Miguel de Allende

Mexico

CoL index 38.9

Compare San Miguel de Allende vs Monterrey →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Monterrey after tax, in seconds.

Compare salaries → Full cost of living data

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