Last update: Oct 2026

Cost of Living Comparison Between Cabo San Lucas, Baja California Sur and Monterrey

For one person, living costs are similar in Cabo San Lucas, Baja California Sur and in Monterrey: $1,611 and $1,599 a month, rent and utilities included.

Cabo San Lucas, Baja California Sur
🇲🇽 Mexico
$1,611
/mo nomad
Monterrey
🇲🇽 Mexico
$1,599
/mo nomad
Monthly Cost of Living

How much you'll spend in Cabo San Lucas, Baja California Sur 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 Cabo San Lucas, Baja California Sur and in Monterrey actually costs, broken down by who's living it.

A single person spends $1,611 per month in Cabo San Lucas, Baja California Sur vs $1,599 in Monterrey, rent included.

  • Cabo San Lucas, Baja California Sur $1,611
  • Monterrey $1,599

A couple spends around $2,409 per month in Cabo San Lucas, Baja California Sur vs $2,493 in Monterrey, rent included.

  • Cabo San Lucas, Baja California Sur $2,409
  • Monterrey $2,493

A family of three spends $3,207 per month in Cabo San Lucas, Baja California Sur vs $3,387 in Monterrey, rent included.

  • Cabo San Lucas, Baja California Sur $3,207
  • Monterrey $3,387

Cabo San Lucas, Baja California Sur costs about 1% more than Monterrey, and outside of rent the biggest gap is in eating out.

Both Cabo San Lucas, Baja California Sur and Monterrey sit above the global median – Cabo San Lucas, Baja California Sur by 19%, Monterrey by 18%.

Currency
🍽 Eating Out
Cabo San Lucas, Baja California Sur
Monterrey
Difference
Meal at Budget Restaurant
$10.35 MX$191
$13.80 MX$255
-25.00%
Three-Course Dinner for Two, Mid-Range
$48.09 MX$889
$47.99 MX$887
0.21%
Fast Food Meal (McDonalds, etc)
$9.88 MX$182
$10.65 MX$197
-7.23%
Cappuccino
$3.37 MX$62.2
$3.99 MX$73.7
-15.54%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.44 MX$26.54
$1.66 MX$30.76
-13.25%
Water (0.33 liter bottle)
$0.91 MX$16.86
$0.99 MX$18.21
-8.08%
Local Beer (0.5 liter draught)
$2.39 MX$44.20
$2.36 MX$43.64
1.27%
Imported Beer (0.33 liter bottle)
$4.41 MX$81.5
$4.43 MX$81.8
-0.45%
🛒 Groceries & Markets
Cabo San Lucas, Baja California Sur
Monterrey
Difference
Milk (1 liter)
$1.78 MX$32.84
$1.82 MX$33.58
-2.20%
White Bread (500g)
$3.03 MX$55.9
$2.83 MX$52.4
7.07%
Rice (white) (1kg)
$2.38 MX$43.92
$1.92 MX$35.44
23.96%
Eggs
$2.35 MX$43.47
$2.48 MX$45.78
-5.24%
Local Cheese (1kg)
$11.47 MX$212
$11.74 MX$217
-2.30%
Chicken Fillets (1kg)
$9.65 MX$178
$9.10 MX$168
6.04%
Beef Round Steak (1kg)
$13.41 MX$248
$12.53 MX$232
7.02%
Apples (1kg)
$2.59 MX$47.82
$3.34 MX$61.6
-22.46%
Banana (1kg)
$1.57 MX$28.94
$1.57 MX$29.10
-
Oranges (1kg)
$1.62 MX$29.98
$2.16 MX$39.86
-25.00%
Tomato (1kg)
$1.71 MX$31.57
$2.47 MX$45.65
-30.77%
Potato (1kg)
$1.21 MX$22.29
$2.31 MX$42.64
-47.62%
Onion (1kg)
$1.84 MX$33.99
$2.68 MX$49.47
-31.34%
Lettuce (1 head)
$2.77 MX$51.3
$1.46 MX$26.90
89.73%
Water (1.5 liter bottle)
$1.21 MX$22.31
$1.19 MX$22.07
1.68%
Cigarettes 20 Pack (Marlboro, Camel)
$4.81 MX$88.9
$4.75 MX$87.8
1.26%
Wine (Bottle)
$10.87 MX$201
$13.58 MX$251
-19.96%
Local Beer (0.5 liter bottle)
$1.54 MX$28.53
$1.92 MX$35.52
-19.79%
Imported Beer (0.33 liter bottle)
$3.48 MX$64.3
$2.88 MX$53.2
20.83%
🚌 Getting Around
Cabo San Lucas, Baja California Sur
Monterrey
Difference
One-way Ticket (Public Transport)
$0.90 MX$16.59
$0.79 MX$14.66
13.92%
Public Transport Monthly Pass (Regular Price)
$52.4 MX$968
$31.36 MX$579
67.06%
Taxi Start (Normal Tariff)
$4.37 MX$80.8
$1.59 MX$29.44
174.84%
Taxi (Normal Tariff) (1km)
$2.97 MX$54.9
$1.06 MX$19.58
180.19%
Taxi 1hour Waiting (Normal Tariff)
$10.43 MX$193
$10.80 MX$200
-3.43%
Gasoline (1 liter)
$1.41 MX$26.14
$1.55 MX$28.59
-9.03%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.3K MX$394.1K
$24.2K MX$446.4K
-11.72%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.9K MX$441.5K
$24.3K MX$449.4K
-1.76%
🧾 Monthly Utilities & Internet
Cabo San Lucas, Baja California Sur
Monterrey
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$84.4 MX$1,560
$117 MX$2,159
-27.73%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$24.86 MX$459
$26.38 MX$488
-5.76%
Internet (50+ Mbps, Unlimited Data)
$31.45 MX$581
$26.04 MX$481
20.78%
🎉 Sport & Entertainment
Cabo San Lucas, Baja California Sur
Monterrey
Difference
Gym Membership (Monthly)
$45.08 MX$833
$30.26 MX$559
48.98%
Tennis Court (1 Hour on Weekend)
$30.06 MX$556
$21.25 MX$393
41.46%
Cinema Ticket
$4.13 MX$76.3
$5.23 MX$96.6
-21.03%
🧸 Childcare & Education
Cabo San Lucas, Baja California Sur
Monterrey
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$226 MX$4,180
$673 MX$12.4K
-66.37%
International Primary School, 1 Child (Yearly)
$8,280 MX$153.0K
$11.1K MX$205.2K
-25.43%
👕👟 Clothing & Footwear
Cabo San Lucas, Baja California Sur
Monterrey
Difference
Jeans (Levis 501 Or Similar)
$71.3 MX$1,317
$72.1 MX$1,332
-1.08%
Summer Dress (H&M, Zara, etc)
$52.5 MX$970
$42.38 MX$783
23.88%
Sport Shoes (Adidas, Nike)
$95.2 MX$1,759
$112 MX$2,066
-14.85%
Men's Leather Business Shoes
$68.0 MX$1,257
$119 MX$2,200
-42.84%
🏠 Accommodation & Living
Cabo San Lucas, Baja California Sur
Monterrey
Difference
1-bedroom Apartment, City Center (Monthly)
$1,190 MX$22.0K
$949 MX$17.5K
25.43%
1-bedroom Apartment, Outside City Center (Monthly)
$733 MX$13.5K
$666 MX$12.3K
9.96%
3-bedroom Apartment, City Center (Monthly)
$2,509 MX$46.4K
$1,821 MX$33.7K
37.73%
3-bedroom Apartment, Outside City Center (Monthly)
$1,179 MX$21.8K
$1,271 MX$23.5K
-7.23%
Buy Apartment in City Center (m2)
$3,827 MX$70.7K
$4,050 MX$74.8K
-5.52%
Buy Apartment Outside City Center (m2)
$2,210 MX$40.8K
$2,348 MX$43.4K
-5.84%
💵 Salaries & Financials
Cabo San Lucas, Baja California Sur
Monterrey
Difference
Average Monthly Net Salary (After Tax)
$750 MX$13.9K
$1,155 MX$21.3K
-35.05%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.6
11.79
-1.61%

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

Last update for Cabo San Lucas, Baja California Sur: October 19, 2026

Last update for Monterrey: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Cabo San Lucas, Baja California Sur
$733
Monterrey
$666 9.1% $66
Groceries & Markets
Cabo San Lucas, Baja California Sur
$297
Monterrey
$304 2.7% $7.9
Eating Out
Cabo San Lucas, Baja California Sur
$183
Monterrey
$221 21% $38
Monthly Utilities & Internet
Cabo San Lucas, Baja California Sur
$141
Monterrey
$169 20.3% $29
Clothing & Footwear
Cabo San Lucas, Baja California Sur
$129
Monterrey
$155 20.3% $26
Getting Around
Cabo San Lucas, Baja California Sur
$75
Monterrey
$41 44.9% $34
Sport & Entertainment
Cabo San Lucas, Baja California Sur
$53
Monterrey
$41 23.7% $13

Cost Breakdown

A central one-bedroom costs $1,190 in Cabo San Lucas, Baja California Sur 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.

Salaries run about 54% higher in Monterrey, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $48.00 in Cabo San Lucas, Baja California Sur versus $48.00 in Monterrey. Monthly groceries follow the same trend: $297 vs $304 – making Cabo San Lucas, Baja California Sur the more affordable choice for daily food spending.

Good to know
🇲🇽 Cabo San Lucas, Baja California Sur
🇲🇽 Monterrey
🕒 Local time
20:18 8:18 PM
21:18 9:18 PM
1 h ahead of Cabo San Lucas, Baja California Sur
🌤 Weather
👥 Population
202,694
1,142,994
💱 Currency
Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

Mexican Peso exchange rates as of October 21, 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
  • Cabo San Lucas, Baja California Sur Monterrey 1,020 km ≈ 1 h 45 min nonstop flight
From you
  • Cabo San Lucas, Baja California Sur
  • 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
Cabo San Lucas, Baja California Sur vs Monterrey: Cost of Living - Frequently Asked Questions
Is Monterrey cheaper than Cabo San Lucas, Baja California Sur?
Yes – Cabo San Lucas, Baja California Sur is pricier by about 1%, 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 $2,416 per month in Cabo San Lucas, Baja California Sur and $2,399 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.
Which city has cheaper public transport?
Public transport costs about 67% less in Monterrey. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $226 per month in Cabo San Lucas, Baja California Sur and $673 in Monterrey. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,000 a realistic budget for living in Cabo San Lucas, Baja California Sur or in Monterrey?
A $2,000 monthly budget goes further in Monterrey, where all-in costs run around $1,599, than in Cabo San Lucas, Baja California Sur at $1,611. In Monterrey it covers expenses comfortably, while in Cabo San Lucas, Baja California Sur it requires careful planning or may not stretch far enough.
Is Cabo San Lucas, Baja California Sur 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 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, Cabo San Lucas, Baja California Sur makes more sense. Both are solid long-term options with distinct trade-offs.

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