Last update: Oct 2026

Cost of Living Comparison Between Austin, MN and Monterrey

For one person, living is cheaper in Monterrey: $1,608 a month against $2,462 in Austin, MN, rent and utilities included – about $10,200 less a year. Rent and utilities account for most of the difference.

Austin, MN
🇺🇸 United States
$2,462
/mo nomad
Monterrey
🇲🇽 Mexico
$1,608
/mo nomad
Monthly Cost of Living

How much you'll spend in Austin, MN and in Monterrey

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, MN and in Monterrey actually costs, broken down by who's living it.

A single person spends $2,462 per month in Austin, MN vs $1,608 in Monterrey, rent included.

  • Austin, MN $2,462
  • Monterrey $1,608

A couple spends around $3,691 per month in Austin, MN vs $2,521 in Monterrey, rent included.

  • Austin, MN $3,691
  • Monterrey $2,521

A family of three spends $4,921 per month in Austin, MN vs $3,433 in Monterrey, rent included.

  • Austin, MN $4,921
  • Monterrey $3,433

Austin, MN costs about 53% more than Monterrey, and outside of rent the biggest gap is in eating out.

Both Austin, MN and Monterrey sit above the global median – Austin, MN by 82%, Monterrey by 19%.

Currency
🍽 Eating Out
Austin, MN
Monterrey
Difference
Meal at Budget Restaurant
$20.05 $20.05
$13.85 MX$256
44.77%
Three-Course Dinner for Two, Mid-Range
$99.6 $99.6
$49.70 MX$918
100.48%
Fast Food Meal (McDonalds, etc)
$12.22 $12.22
$11.05 MX$204
10.59%
Cappuccino
$5.04 $5.04
$4.09 MX$75.6
23.23%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.95 $2.95
$1.68 MX$30.97
75.60%
Water (0.33 liter bottle)
$1.99 $1.99
$1.03 MX$18.98
93.20%
Local Beer (0.5 liter draught)
$5.11 $5.11
$2.40 MX$44.28
112.92%
Imported Beer (0.33 liter bottle)
$5.80 $5.80
$4.35 MX$80.3
33.33%
🛒 Groceries & Markets
Austin, MN
Monterrey
Difference
Milk (1 liter)
$0.83 $0.83
$1.92 MX$35.55
-56.77%
White Bread (500g)
$2.88 $2.88
$2.94 MX$54.2
-2.04%
Rice (white) (1kg)
$1.91 $1.91
$1.88 MX$34.66
1.60%
Eggs
$2.66 $2.66
$2.55 MX$47.06
4.31%
Local Cheese (1kg)
$9.65 $9.65
$11.84 MX$219
-18.50%
Chicken Fillets (1kg)
$6.48 $6.48
$9.36 MX$173
-30.77%
Beef Round Steak (1kg)
$19.15 $19.15
$13.10 MX$242
46.18%
Apples (1kg)
$5.19 $5.19
$3.38 MX$62.5
53.55%
Banana (1kg)
$1.24 $1.24
$1.52 MX$28.13
-18.42%
Oranges (1kg)
$3.59 $3.59
$2.19 MX$40.51
63.93%
Tomato (1kg)
$1.74 $1.74
$2.36 MX$43.63
-26.27%
Potato (1kg)
$2.55 $2.55
$2.26 MX$41.76
12.83%
Onion (1kg)
$2.23 $2.23
$2.73 MX$50.5
-18.32%
Lettuce (1 head)
$1.51 $1.51
$1.52 MX$28.17
-0.66%
Water (1.5 liter bottle)
$1.98 $1.98
$1.24 MX$22.90
59.68%
Cigarettes 20 Pack (Marlboro, Camel)
$8.71 $8.71
$4.75 MX$87.8
83.37%
Wine (Bottle)
$3.03 $3.03
$13.66 MX$252
-77.82%
Local Beer (0.5 liter bottle)
$1.77 $1.77
$1.89 MX$34.95
-6.35%
Imported Beer (0.33 liter bottle)
$3.02 $3.02
$2.99 MX$55.2
1.00%
🚌 Getting Around
Austin, MN
Monterrey
Difference
One-way Ticket (Public Transport)
$1.96 $1.96
$0.85 MX$15.78
130.59%
Public Transport Monthly Pass (Regular Price)
-
$30.95 MX$572
-
Taxi Start (Normal Tariff)
$2.02 $2.02
$1.68 MX$30.98
20.24%
Taxi (Normal Tariff) (1km)
$1.27 $1.27
$1.13 MX$20.87
12.39%
Taxi 1hour Waiting (Normal Tariff)
$20.06 $20.06
$11.15 MX$206
79.91%
Gasoline (1 liter)
$0.95 $0.95
$1.56 MX$28.91
-39.10%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.4K $35.4K
$21.4K MX$395.8K
65.49%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.5K $24.5K
$25.1K MX$463.2K
-2.37%
🧾 Monthly Utilities & Internet
Austin, MN
Monterrey
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$187 $187
$119 MX$2,206
56.31%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$52.3 $52.3
$26.21 MX$484
99.35%
Internet (50+ Mbps, Unlimited Data)
$79.3 $79.3
$26.78 MX$495
196.12%
🎉 Sport & Entertainment
Austin, MN
Monterrey
Difference
Gym Membership (Monthly)
$35.93 $35.93
$31.03 MX$573
15.79%
Tennis Court (1 Hour on Weekend)
-
$21.43 MX$396
-
Cinema Ticket
$15.30 $15.30
$5.29 MX$97.7
189.22%
🧸 Childcare & Education
Austin, MN
Monterrey
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,361 $1,361
$691 MX$12.8K
96.98%
International Primary School, 1 Child (Yearly)
$11.6K $11.6K
$11.5K MX$212.1K
1.37%
👕👟 Clothing & Footwear
Austin, MN
Monterrey
Difference
Jeans (Levis 501 Or Similar)
$77.5 $77.5
$72.3 MX$1,335
7.21%
Summer Dress (H&M, Zara, etc)
$54.0 $54.0
$42.72 MX$789
26.29%
Sport Shoes (Adidas, Nike)
$102 $102
$110 MX$2,024
-7.11%
Men's Leather Business Shoes
$165 $165
$117 MX$2,158
40.96%
🏠 Accommodation & Living
Austin, MN
Monterrey
Difference
1-bedroom Apartment, City Center (Monthly)
$1,433 $1,433
$970 MX$17.9K
47.79%
1-bedroom Apartment, Outside City Center (Monthly)
$1,274 $1,274
$664 MX$12.3K
91.91%
3-bedroom Apartment, City Center (Monthly)
$2,528 $2,528
$1,857 MX$34.3K
36.13%
3-bedroom Apartment, Outside City Center (Monthly)
$2,157 $2,157
$1,287 MX$23.8K
67.57%
Buy Apartment in City Center (m2)
$2,481 $2,481
$4,162 MX$76.9K
-40.38%
Buy Apartment Outside City Center (m2)
$2,593 $2,593
$2,349 MX$43.4K
10.38%
💵 Salaries & Financials
Austin, MN
Monterrey
Difference
Average Monthly Net Salary (After Tax)
-
$1,146 MX$21.2K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.57
11.79
-44.27%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, MN: October 10, 2026

Last update for Monterrey: October 10, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Austin, MN
$1.3K
Monterrey
$664 47.9% $610
Monthly Utilities & Internet
Austin, MN
$318
Monterrey
$172 45.8% $146
Eating Out
Austin, MN
$314
Monterrey
$225 28.6% $90
Groceries & Markets
Austin, MN
$293
Monterrey
$310 5.8% $17
Clothing & Footwear
Austin, MN
$179
Monterrey
$154 14.2% $25
Sport & Entertainment
Austin, MN
$67
Monterrey
$42 37.4% $25
Getting Around
Austin, MN
$16 *
Monterrey
$42 157% $25

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,433 in Austin, MN versus $970 in Monterrey. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $100 in Austin, MN versus $50.0 in Monterrey. Groceries tell a different story – $293 in Austin, MN vs $310 in Monterrey – so Austin, MN wins on supermarket bills even if dining out costs more.

Good to know
🇺🇸 Austin, MN
🇲🇽 Monterrey
🕒 Local time
13:58 1:58 PM
12:58 12:58 PM
1 h behind Austin, MN
🌤 Weather
👥 Population
974,447
1,142,994
💱 Currency
Exchange rates and currency converter

MXN, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

On the map
Between locations
  • Austin, MN Monterrey 2,110 km ≈ 3 h 15 min nonstop flight
From you
  • Austin, MN
  • Monterrey

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Austin, MN vs Monterrey: Cost of Living - Frequently Asked Questions
Is Monterrey cheaper than Austin, MN?
Yes – Austin, MN is pricier by about 53%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,692 per month in Austin, MN and $2,412 in Monterrey. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Monterrey, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Austin, MN and in Monterrey?
Monthly expenses with rent come to $2,462 in Austin, MN and $1,608 in Monterrey. That's a gap of about 53%.
Which city has cheaper kindergarten?
Kindergarten costs $1,361 per month in Austin, MN and $691 in Monterrey. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $3,000 a realistic budget for living in Austin, MN or in Monterrey?
A $3,000 monthly budget goes further in Monterrey, where all-in costs run around $1,608, than in Austin, MN at $2,462. In Monterrey it covers expenses comfortably, while in Austin, MN it requires careful planning or may not stretch far enough.
Is Austin, MN or Monterrey more family-friendly?
Families tend to lean toward Monterrey – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Austin, MN or Monterrey?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Monterrey. If higher salaries, better infrastructure, or specific career opportunities are the priority, Austin, MN makes more sense. Both are solid long-term options with distinct trade-offs.

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