Last update: Oct 2026

Cost of Living Comparison Between Babahoyo and Monterrey

For one person, living is cheaper in Babahoyo: $739 a month against $1,608 in Monterrey, rent and utilities included – about $10,400 less a year. Rent and utilities account for most of the difference.

36

Cost of Living Index in Babahoyo
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Babahoyo Living Index
79

Cost of Living Index in Monterrey
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Monterrey Living Index

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Babahoyo

🇪🇨 Ecuador

$739

/mo nomad

Monterrey

🇲🇽 Mexico

$1,608

/mo nomad

Monthly Cost of Living

How much you'll spend in Babahoyo 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 Babahoyo and in Monterrey actually costs, broken down by who's living it.

Monthly costs for one person with rent: $739 in Babahoyo versus $1,608 in Monterrey.

Babahoyo $739
Monterrey $1,608

Estimated couple costs with rent: $1,243 in Babahoyo versus $2,521 in Monterrey.

Babahoyo $1,243
Monterrey $2,521

Monthly costs for a family of three with rent: $1,746 in Babahoyo versus $3,433 in Monterrey.

Babahoyo $1,746
Monterrey $3,433

Living in Babahoyo costs roughly 54% less than in Monterrey, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Babahoyo is 45% below, Monterrey is 19% above.

Meal at Budget Restaurant

$4.01 $4.01

$13.85 MX$257

-71.05%

Three-Course Dinner for Two, Mid-Range

$32.38 $32.38

$49.70 MX$921

-34.85%

Fast Food Meal (McDonalds, etc)

$4.72 $4.72

$11.05 MX$205

-57.29%

Cappuccino

$2.52 $2.52

$4.09 MX$75.8

-38.39%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.83 $0.83

$1.68 MX$31.06

-50.60%

Water (0.33 liter bottle)

$0.83 $0.83

$1.03 MX$19.03

-19.42%

Local Beer (0.5 liter draught)

$2.05 $2.05

$2.40 MX$44.40

-14.58%

Imported Beer (0.33 liter bottle)

$3.57 $3.57

$4.35 MX$80.6

-17.93%

Milk (1 liter)

$1.14 $1.14

$1.92 MX$35.64

-40.63%

White Bread (500g)

$1.63 $1.63

$2.94 MX$54.4

-44.56%

Rice (white) (1kg)

$1.70 $1.70

$1.88 MX$34.76

-9.57%

Eggs

$1.87 $1.87

$2.55 MX$47.19

-26.67%

Local Cheese (1kg)

$7.32 $7.32

$11.84 MX$219

-38.18%

Chicken Fillets (1kg)

$5.70 $5.70

$9.36 MX$173

-39.10%

Beef Round Steak (1kg)

$6.93 $6.93

$13.10 MX$243

-47.10%

Apples (1kg)

$1.80 $1.80

$3.38 MX$62.7

-46.75%

Banana (1kg)

$0.95 $0.95

$1.52 MX$28.21

-37.50%

Oranges (1kg)

$1.16 $1.16

$2.19 MX$40.62

-47.03%

Tomato (1kg)

$1.20 $1.20

$2.36 MX$43.75

-49.15%

Potato (1kg)

$1.37 $1.37

$2.26 MX$41.88

-39.38%

Onion (1kg)

$1.04 $1.04

$2.73 MX$50.7

-61.90%

Lettuce (1 head)

$0.68 $0.68

$1.52 MX$28.25

-55.26%

Water (1.5 liter bottle)

$1.07 $1.07

$1.24 MX$22.97

-13.71%

Cigarettes 20 Pack (Marlboro, Camel)

$5.38 $5.38

$4.75 MX$88.1

13.26%

Wine (Bottle)

$9.09 $9.09

$13.66 MX$253

-33.46%

Local Beer (0.5 liter bottle)

$1.55 $1.55

$1.89 MX$35.05

-17.99%

Imported Beer (0.33 liter bottle)

$3.16 $3.16

$2.99 MX$55.3

5.69%

One-way Ticket (Public Transport)

$0.34 $0.34

$0.85 MX$15.82

-60.00%

Public Transport Monthly Pass (Regular Price)

$15.80 $15.80

$30.95 MX$573

-48.95%

Taxi Start (Normal Tariff)

$1.44 $1.44

$1.68 MX$31.06

-14.29%

Taxi (Normal Tariff) (1km)

$1.26 $1.26

$1.13 MX$20.93

11.50%

Taxi 1hour Waiting (Normal Tariff)

$9.45 $9.45

$11.15 MX$207

-15.25%

Gasoline (1 liter)

$0.82 $0.82

$1.56 MX$28.99

-47.44%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$19.2K $19.2K

$21.4K MX$396.9K

-10.50%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$29.3K $29.3K

$25.1K MX$464.5K

16.82%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$37.52 $37.52

$119 MX$2,212

-68.57%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.16 $13.16

$26.21 MX$486

-49.79%

Internet (50+ Mbps, Unlimited Data)

$27.46 $27.46

$26.78 MX$496

2.54%

Gym Membership (Monthly)

$25.83 $25.83

$31.03 MX$575

-16.76%

Tennis Court (1 Hour on Weekend)

$14.98 $14.98

$21.43 MX$397

-30.10%

Cinema Ticket

$6.97 $6.97

$5.29 MX$98.0

31.76%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$207 $207

$691 MX$12.8K

-70.04%

International Primary School, 1 Child (Yearly)

$5,116 $5,116

$11.5K MX$212.7K

-55.42%

Jeans (Levis 501 Or Similar)

$50.1 $50.1

$72.3 MX$1,339

-30.69%

Summer Dress (H&M, Zara, etc)

$37.24 $37.24

$42.72 MX$792

-12.83%

Sport Shoes (Adidas, Nike)

$114 $114

$110 MX$2,030

3.91%

Men's Leather Business Shoes

$61.9 $61.9

$117 MX$2,164

-46.96%

1-bedroom Apartment, City Center (Monthly)

$318 $318

$970 MX$18.0K

-67.15%

1-bedroom Apartment, Outside City Center (Monthly)

$184 $184

$664 MX$12.3K

-72.21%

3-bedroom Apartment, City Center (Monthly)

$789 $789

$1,857 MX$34.4K

-57.51%

3-bedroom Apartment, Outside City Center (Monthly)

$455 $455

$1,287 MX$23.9K

-64.63%

Buy Apartment in City Center (m2)

$1,153 $1,153

$4,162 MX$77.1K

-72.30%

Buy Apartment Outside City Center (m2)

$681 $681

$2,349 MX$43.5K

-71.02%

Average Monthly Net Salary (After Tax)

$1,146 MX$21.2K

20-Year Fixed Mortgage Interest Rate (Annual %)

10.05

11.79

-14.76%

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

Last update for Babahoyo: October 12, 2026

Last update for Monterrey: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Babahoyo

$193 26.1%

Monterrey

$310 19.3% 61.1% $118

Accommodation & Living

Babahoyo

$184 25%

Monterrey

$664 41.3% 260% $479

Clothing & Footwear

Babahoyo

$118 16%

Monterrey

$154 9.6% 29.7% $35

Eating Out

Babahoyo

$101 13.6%

Monterrey

$225 14% 123% $124

Monthly Utilities & Internet

Babahoyo

$78 10.6%

Monterrey

$172 10.7% 121% $94

Sport & Entertainment

Babahoyo

$40 5.4%

Monterrey

$42 2.6% 4.7% $1.9

Getting Around

Babahoyo

$25 3.4%

Monterrey

$42 2.6% 67.3% $17

Cost Breakdown

A one-bedroom apartment in the center runs $318 in Babahoyo and $970 in Monterrey. Housing cost is often the main lever when comparing two cities.

Dining out: $32.00 in Babahoyo vs $50.0 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $193 vs $310 per month, with Babahoyo cheaper across the board.

Good to know

🇪🇨 Babahoyo

🇲🇽 Monterrey

🕒 Local time

14:39 2:39 PM

13:39 1:39 PM

1 h behind Babahoyo

🌤 Weather

👥 Population

84,164

1,142,994

💱 Currency

United States Dollar USD $

Mexican Peso MXN $

📈 Exchange rate

1 USD = 0.893 EUR

100 MXN = 5.4 USD

100 MXN = 4.82 EUR

Exchange rates and currency converter

MXN, EUR to USD – United States Dollar Converter

🇲🇽 Mexican Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 15, 2026: 1 EUR = 1.12 USD (1 USD = 0.893 EUR).

Mexican Peso exchange rates as of October 15, 2026: 1 USD = 18.53 MXN (100 MXN = 5.4 USD). 1 EUR = 20.75 MXN (100 MXN = 4.82 EUR).

MXN to USD in detail →

On the map

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Between locations

Babahoyo Monterrey 3,790 km ≈ 5 h nonstop flight

From you

Babahoyo
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

Babahoyo vs Monterrey: Cost of Living - Frequently Asked Questions

Babahoyo wins on cost – living expenses run 118% lower than in Monterrey. Housing and daily spending are where you'll feel the difference most, making Babahoyo the obvious pick if budget is a priority.

You'd need roughly $1,108 in Babahoyo and $2,412 in Monterrey to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $318 in Babahoyo versus $970 in Monterrey. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $207 in Babahoyo versus $691 in Monterrey. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 61% higher in Monterrey. For households that cook at home regularly, that difference adds up over a month.

At $739 in Babahoyo versus $1,608 in Monterrey, a $1,000 budget is realistic in Babahoyo but tight or insufficient in Monterrey. The gap between the two cities makes Babahoyo the clear choice for anyone on this budget.

Both work as nomad bases, but Babahoyo delivers better value – similar infrastructure at $739 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Babahoyo hard to pass up.

Expats usually find Babahoyo gentler on the wallet – expenses run 118% less than in Monterrey. Beyond cost, consider language, visa policies, and how big the international community is in each city.