Last update: Oct 2026

Cost of Living Comparison Between Belvidere, IL and Monterrey

For one person, living is cheaper in Monterrey: $1,599 a month against $2,359 in Belvidere, IL, rent and utilities included – about $9,100 less a year. Rent and utilities account for most of the difference.

114

Cost of Living Index in Belvidere, IL
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Belvidere, IL Living Index
77

Cost of Living Index in Monterrey
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Monterrey Living Index

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Belvidere, IL

🇺🇸 United States

$2,359

/mo nomad

Monterrey

🇲🇽 Mexico

$1,599

/mo nomad

Monthly Cost of Living

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

A single person spends $2,359 per month in Belvidere, IL vs $1,599 in Monterrey, rent included.

Belvidere, IL $2,359
Monterrey $1,599

A couple spends around $3,373 per month in Belvidere, IL vs $2,493 in Monterrey, rent included.

Belvidere, IL $3,373
Monterrey $2,493

A family of three spends $4,387 per month in Belvidere, IL vs $3,387 in Monterrey, rent included.

Belvidere, IL $4,387
Monterrey $3,387

Belvidere, IL costs about 48% more than Monterrey, and outside of rent the biggest gap is in utilities.

Both Belvidere, IL and Monterrey sit above the global median – Belvidere, IL by 74%, Monterrey by 18%.

Meal at Budget Restaurant

$11.07 $11.07

$13.80 MX$255

-19.78%

Three-Course Dinner for Two, Mid-Range

$47.63 $47.63

$47.99 MX$887

-0.75%

Fast Food Meal (McDonalds, etc)

$7.85 $7.85

$10.65 MX$197

-26.29%

Cappuccino

$5.01 $5.01

$3.99 MX$73.7

25.56%

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

$1.23 $1.23

$1.66 MX$30.76

-25.90%

Water (0.33 liter bottle)

$1.52 $1.52

$0.99 MX$18.21

53.54%

Local Beer (0.5 liter draught)

$4.58 $4.58

$2.36 MX$43.64

94.07%

Imported Beer (0.33 liter bottle)

$6.09 $6.09

$4.43 MX$81.8

37.47%

Milk (1 liter)

$0.69 $0.69

$1.82 MX$33.58

-62.09%

White Bread (500g)

$1.34 $1.34

$2.83 MX$52.4

-52.65%

Rice (white) (1kg)

$4.72 $4.72

$1.92 MX$35.44

145.83%

Eggs

$2.48 $2.48

$2.48 MX$45.78

Local Cheese (1kg)

$4.19 $4.19

$11.74 MX$217

-64.31%

Chicken Fillets (1kg)

$10.66 $10.66

$9.10 MX$168

17.14%

Beef Round Steak (1kg)

$16.47 $16.47

$12.53 MX$232

31.44%

Apples (1kg)

$5.03 $5.03

$3.34 MX$61.6

50.60%

Banana (1kg)

$1.10 $1.10

$1.57 MX$29.10

-29.94%

Oranges (1kg)

$5.26 $5.26

$2.16 MX$39.86

143.52%

Tomato (1kg)

$1.71 $1.71

$2.47 MX$45.65

-30.77%

Potato (1kg)

$1.53 $1.53

$2.31 MX$42.64

-33.77%

Onion (1kg)

$0.83 $0.83

$2.68 MX$49.47

-69.03%

Lettuce (1 head)

$0.96 $0.96

$1.46 MX$26.90

-34.25%

Water (1.5 liter bottle)

$2.03 $2.03

$1.19 MX$22.07

70.59%

Cigarettes 20 Pack (Marlboro, Camel)

$5.83 $5.83

$4.75 MX$87.8

22.74%

Wine (Bottle)

$11.14 $11.14

$13.58 MX$251

-17.97%

Local Beer (0.5 liter bottle)

$2.16 $2.16

$1.92 MX$35.52

12.50%

Imported Beer (0.33 liter bottle)

$3.24 $3.24

$2.88 MX$53.2

12.50%

One-way Ticket (Public Transport)

$2.04 $2.04

$0.79 MX$14.66

158.23%

Public Transport Monthly Pass (Regular Price)

$31.36 MX$579

Taxi Start (Normal Tariff)

$3.43 $3.43

$1.59 MX$29.44

115.72%

Taxi (Normal Tariff) (1km)

$1.91 $1.91

$1.06 MX$19.58

80.19%

Taxi 1hour Waiting (Normal Tariff)

$44.63 $44.63

$10.80 MX$200

313.24%

Gasoline (1 liter)

$0.84 $0.84

$1.55 MX$28.59

-45.81%

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

$32.9K $32.9K

$24.2K MX$446.4K

36.25%

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

$27.4K $27.4K

$24.3K MX$449.4K

12.51%

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

$202 $202

$117 MX$2,159

73.29%

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

$44.29 $44.29

$26.38 MX$488

67.89%

Internet (50+ Mbps, Unlimited Data)

$70.0 $70.0

$26.04 MX$481

168.74%

Gym Membership (Monthly)

$41.94 $41.94

$30.26 MX$559

38.60%

Tennis Court (1 Hour on Weekend)

$21.25 MX$393

Cinema Ticket

$8.04 $8.04

$5.23 MX$96.6

53.73%

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

$696 $696

$673 MX$12.4K

3.47%

International Primary School, 1 Child (Yearly)

$21.4K $21.4K

$11.1K MX$205.2K

93.15%

Jeans (Levis 501 Or Similar)

$49.38 $49.38

$72.1 MX$1,332

-31.49%

Summer Dress (H&M, Zara, etc)

$62.1 $62.1

$42.38 MX$783

46.48%

Sport Shoes (Adidas, Nike)

$120 $120

$112 MX$2,066

7.44%

Men's Leather Business Shoes

$88.4 $88.4

$119 MX$2,200

-25.78%

1-bedroom Apartment, City Center (Monthly)

$1,597 $1,597

$949 MX$17.5K

68.32%

1-bedroom Apartment, Outside City Center (Monthly)

$1,301 $1,301

$666 MX$12.3K

95.22%

3-bedroom Apartment, City Center (Monthly)

$2,537 $2,537

$1,821 MX$33.7K

39.32%

3-bedroom Apartment, Outside City Center (Monthly)

$2,187 $2,187

$1,271 MX$23.5K

72.02%

Buy Apartment in City Center (m2)

$2,757 $2,757

$4,050 MX$74.8K

-31.94%

Buy Apartment Outside City Center (m2)

$2,356 $2,356

$2,348 MX$43.4K

0.38%

Average Monthly Net Salary (After Tax)

$1,155 MX$21.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.63

11.79

-43.77%

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

Last update for Belvidere, IL: October 18, 2026

Last update for Monterrey: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Belvidere, IL

$1.3K 55.2%

Monterrey

$666 41.7% 48.8% $634

Monthly Utilities & Internet

Belvidere, IL

$317 13.4%

Monterrey

$169 10.6% 46.6% $147

Groceries & Markets

Belvidere, IL

$300 12.7%

Monterrey

$304 19% 1.6% $4.8

Eating Out

Belvidere, IL

$218 9.3%

Monterrey

$221 13.9% 1.4% $3.1

Clothing & Footwear

Belvidere, IL

$144 6.1%

Monterrey

$155 9.7% 7.9% $11

Sport & Entertainment

Belvidere, IL

$58 2.5%

Monterrey

$41 2.6% 29.8% $17

Getting Around

Belvidere, IL

$21 * 0.9%

Monterrey

$41 2.6% 95.8% $20

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

Cost Breakdown

A central one-bedroom costs $1,597 in Belvidere, IL versus $949 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 $48.00 in Belvidere, IL versus $48.00 in Monterrey. Monthly groceries follow the same trend: $300 vs $304 – making Belvidere, IL the more affordable choice for daily food spending.

Good to know

🇺🇸 Belvidere, IL

🇲🇽 Monterrey

🕒 Local time

22:55 10:55 PM

21:55 9:55 PM

1 h behind Belvidere, IL

🌤 Weather

👥 Population

25,585

1,142,994

💱 Currency

United States Dollar USD $

Mexican Peso MXN $

📈 Exchange rate

1 USD = 0.89 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 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 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Mexican Peso exchange rates as of October 22, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

MXN to USD in detail →

On the map

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Between locations

Belvidere, IL Monterrey 2,120 km ≈ 3 h 15 min nonstop flight

From you

Belvidere, IL
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

Belvidere, IL vs Monterrey: Cost of Living - Frequently Asked Questions

Belvidere, IL costs about 48% more than Monterrey, and outside of rent the gap comes mainly from utilities. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,538 per month in Belvidere, IL and $2,399 in Monterrey. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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.

Monthly expenses with rent come to $2,359 in Belvidere, IL and $1,599 in Monterrey. That's a gap of about 48%.

Kindergarten costs $696 per month in Belvidere, IL and $673 in Monterrey. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Monterrey, where all-in costs run around $1,599, than in Belvidere, IL at $2,359. In Monterrey it covers expenses comfortably, while in Belvidere, IL it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Monterrey costs $1,599 versus $2,359 in Belvidere, IL. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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.

If budget matters most, go with Monterrey. If higher salaries, better infrastructure, or specific career opportunities are the priority, Belvidere, IL makes more sense. Both are solid long-term options with distinct trade-offs.