Last update: Nov 2026

Cost of Living Comparison Between Binghamton, NY and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $2,260 in Binghamton, NY, rent and utilities included – about $7,400 less a year. Other living expenses account for most of the difference.

109

Cost of Living Index in Binghamton, NY
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Binghamton, NY Living Index
78

Cost of Living Index in Monterrey
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Monterrey Living Index

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Binghamton, NY

🇺🇸 United States

$2,260

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,260 in Binghamton, NY versus $1,641 in Monterrey.

Binghamton, NY $2,260
Monterrey $1,641

Estimated couple costs with rent: $3,452 in Binghamton, NY versus $2,573 in Monterrey.

Binghamton, NY $3,452
Monterrey $2,573

Monthly costs for a family of three with rent: $4,644 in Binghamton, NY versus $3,504 in Monterrey.

Binghamton, NY $4,644
Monterrey $3,504

Living in Binghamton, NY is roughly 38% more expensive than in Monterrey, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Binghamton, NY 67% above, Monterrey 21% above.

Meal at Budget Restaurant

$15.91 $15.91

$13.37 MX$249

19.00%

Three-Course Dinner for Two, Mid-Range

$49.96 $49.96

$47.95 MX$892

4.19%

Fast Food Meal (McDonalds, etc)

$10.95 $10.95

$10.79 MX$201

1.48%

Cappuccino

$5.39 $5.39

$3.77 MX$70.0

42.97%

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

$2.22 $2.22

$1.51 MX$28.09

47.02%

Water (0.33 liter bottle)

$1.55 $1.55

$1.03 MX$19.14

50.49%

Local Beer (0.5 liter draught)

$4.95 $4.95

$2.48 MX$46.14

99.60%

Imported Beer (0.33 liter bottle)

$6.12 $6.12

$4.36 MX$81.0

40.37%

Milk (1 liter)

$0.97 $0.97

$1.89 MX$35.23

-48.68%

White Bread (500g)

$3.95 $3.95

$2.85 MX$53.0

38.60%

Rice (white) (1kg)

$4.38 $4.38

$1.86 MX$34.52

135.48%

Eggs

$4.33 $4.33

$2.47 MX$45.86

75.30%

Local Cheese (1kg)

$12.66 $12.66

$11.81 MX$220

7.20%

Chicken Fillets (1kg)

$14.21 $14.21

$8.97 MX$167

58.42%

Beef Round Steak (1kg)

$17.57 $17.57

$12.57 MX$234

39.78%

Apples (1kg)

$5.45 $5.45

$3.20 MX$59.4

70.31%

Banana (1kg)

$1.73 $1.73

$1.50 MX$27.96

15.33%

Oranges (1kg)

$5.15 $5.15

$2.12 MX$39.52

142.92%

Tomato (1kg)

$6.01 $6.01

$2.33 MX$43.39

157.94%

Potato (1kg)

$3.92 $3.92

$2.22 MX$41.34

76.58%

Onion (1kg)

$3.64 $3.64

$2.58 MX$48.07

41.09%

Lettuce (1 head)

$2.33 $2.33

$1.45 MX$26.88

60.69%

Water (1.5 liter bottle)

$2.84 $2.84

$1.22 MX$22.72

132.79%

Cigarettes 20 Pack (Marlboro, Camel)

$11.44 $11.44

$4.80 MX$89.2

138.33%

Wine (Bottle)

$14.85 $14.85

$13.30 MX$247

11.65%

Local Beer (0.5 liter bottle)

$1.70 $1.70

$1.93 MX$35.93

-11.92%

Imported Beer (0.33 liter bottle)

$4.88 $4.88

$2.86 MX$53.1

70.63%

One-way Ticket (Public Transport)

$2.03 $2.03

$0.80 MX$14.85

153.75%

Public Transport Monthly Pass (Regular Price)

$69.8 $69.8

$30.94 MX$575

125.44%

Taxi Start (Normal Tariff)

$3.03 $3.03

$1.83 MX$34.08

65.57%

Taxi (Normal Tariff) (1km)

$1.79 $1.79

$1.06 MX$19.66

68.87%

Taxi 1hour Waiting (Normal Tariff)

$23.83 $23.83

$10.82 MX$201

120.24%

Gasoline (1 liter)

$1.04 $1.04

$1.47 MX$27.39

-29.25%

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

$27.9K $27.9K

$24.1K MX$447.9K

15.78%

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

$26.5K $26.5K

$23.5K MX$437.7K

12.42%

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

$211 $211

$115 MX$2,132

83.98%

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

$65.1 $65.1

$26.37 MX$490

146.68%

Internet (50+ Mbps, Unlimited Data)

$64.7 $64.7

$25.70 MX$478

151.67%

Gym Membership (Monthly)

$52.4 $52.4

$30.53 MX$568

71.60%

Tennis Court (1 Hour on Weekend)

$39.88 $39.88

$21.27 MX$396

87.49%

Cinema Ticket

$14.76 $14.76

$4.96 MX$92.2

197.58%

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

$1,309 $1,309

$679 MX$12.6K

92.82%

International Primary School, 1 Child (Yearly)

$7,129 $7,129

$14.2K MX$263.8K

-49.74%

Jeans (Levis 501 Or Similar)

$41.98 $41.98

$72.2 MX$1,343

-41.86%

Summer Dress (H&M, Zara, etc)

$56.5 $56.5

$41.94 MX$780

34.64%

Sport Shoes (Adidas, Nike)

$76.0 $76.0

$107 MX$1,999

-29.32%

Men's Leather Business Shoes

$145 $145

$119 MX$2,207

22.25%

1-bedroom Apartment, City Center (Monthly)

$1,319 $1,319

$1,018 MX$18.9K

29.65%

1-bedroom Apartment, Outside City Center (Monthly)

$882 $882

$722 MX$13.4K

22.26%

3-bedroom Apartment, City Center (Monthly)

$1,909 $1,909

$1,966 MX$36.6K

-2.91%

3-bedroom Apartment, Outside City Center (Monthly)

$1,703 $1,703

$1,416 MX$26.3K

20.28%

Buy Apartment in City Center (m2)

$1,340 $1,340

$4,203 MX$78.2K

-68.13%

Buy Apartment Outside City Center (m2)

$1,332 $1,332

$2,782 MX$51.7K

-52.13%

Average Monthly Net Salary (After Tax)

$3,696 $3,696

$1,096 MX$20.4K

237.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.65

11.79

-43.60%

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

Last update for Binghamton, NY: November 1, 2026

Last update for Monterrey: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Binghamton, NY

$882 39%

Monterrey

$722 44% 18.2% $161

Groceries & Markets

Binghamton, NY

$444 19.7%

Monterrey

$302 18.4% 32% $142

Monthly Utilities & Internet

Binghamton, NY

$341 15.1%

Monterrey

$167 10.2% 51.1% $174

Eating Out

Binghamton, NY

$277 12.3%

Monterrey

$216 13.2% 22.1% $61

Clothing & Footwear

Binghamton, NY

$144 6.4%

Monterrey

$153 9.3% 6.5% $9.4

Getting Around

Binghamton, NY

$90 4%

Monterrey

$41 2.5% 54.1% $49

Sport & Entertainment

Binghamton, NY

$82 3.6%

Monterrey

$40 2.5% 50.6% $41

Cost Breakdown

A one-bedroom apartment in the center runs $1,319 in Binghamton, NY and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Binghamton, NY pays about 3.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $50 in Binghamton, NY vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $444 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇺🇸 Binghamton, NY

🇲🇽 Monterrey

🕒 Local time

22:14 10:14 PM

21:14 9:14 PM

1 h behind Binghamton, NY

🌤 Weather

👥 Population

47,969

1,142,994

💱 Currency

United States Dollar USD $

Mexican Peso MXN $

📈 Exchange rate

1 USD = 0.895 EUR

100 MXN = 5.38 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 November 7, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

Mexican Peso exchange rates as of November 7, 2026: 1 USD = 18.6 MXN (100 MXN = 5.38 USD). 1 EUR = 20.78 MXN (100 MXN = 4.81 EUR).

MXN to USD in detail →

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Binghamton, NY Monterrey 2,880 km ≈ 4 h nonstop flight

From you

Binghamton, NY
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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

Binghamton, NY vs Monterrey: Cost of Living - Frequently Asked Questions

Monterrey is about 27% cheaper overall, especially in groceries, utilities, and eating out. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Binghamton, NY is about 3.4 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,319 in Binghamton, NY versus $1,018 in Monterrey. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 47% higher in Binghamton, NY. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Monterrey – a meal for two runs $48 versus $50 in Binghamton, NY. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Monterrey gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Monterrey gentler on the wallet – expenses run 27% less than in Binghamton, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.