Last update: Nov 2026

Cost of Living Comparison Between Concord, NC and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $1,955 in Concord, NC, rent and utilities included – about $3,800 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Monterrey
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Monterrey Living Index

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Concord, NC

🇺🇸 United States

$1,955

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

A single person spends $1,955 per month in Concord, NC vs $1,641 in Monterrey, rent included.

Concord, NC $1,955
Monterrey $1,641

A couple spends around $3,192 per month in Concord, NC vs $2,573 in Monterrey, rent included.

Concord, NC $3,192
Monterrey $2,573

A family of three spends $4,428 per month in Concord, NC vs $3,504 in Monterrey, rent included.

Concord, NC $4,428
Monterrey $3,504

Concord, NC costs about 19% more than Monterrey, and outside of rent the biggest gap is in utilities.

Both Concord, NC and Monterrey sit above the global median – Concord, NC by 45%, Monterrey by 21%.

Meal at Budget Restaurant

$15.87 $15.87

$13.37 MX$250

18.70%

Three-Course Dinner for Two, Mid-Range

$90.9 $90.9

$47.95 MX$897

89.51%

Fast Food Meal (McDonalds, etc)

$12.02 $12.02

$10.79 MX$202

11.40%

Cappuccino

$7.04 $7.04

$3.77 MX$70.4

86.74%

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

$2.96 $2.96

$1.51 MX$28.26

96.03%

Water (0.33 liter bottle)

$2.29 $2.29

$1.03 MX$19.25

122.33%

Local Beer (0.5 liter draught)

$8.17 $8.17

$2.48 MX$46.41

229.44%

Imported Beer (0.33 liter bottle)

$9.25 $9.25

$4.36 MX$81.5

112.16%

Milk (1 liter)

$0.77 $0.77

$1.89 MX$35.43

-59.26%

White Bread (500g)

$3.40 $3.40

$2.85 MX$53.3

19.30%

Rice (white) (1kg)

$4.43 $4.43

$1.86 MX$34.71

138.17%

Eggs

$3.80 $3.80

$2.47 MX$46.12

53.85%

Local Cheese (1kg)

$6.79 $6.79

$11.81 MX$221

-42.51%

Chicken Fillets (1kg)

$5.89 $5.89

$8.97 MX$168

-34.34%

Beef Round Steak (1kg)

$17.62 $17.62

$12.57 MX$235

40.18%

Apples (1kg)

$6.72 $6.72

$3.20 MX$59.8

110.00%

Banana (1kg)

$1.28 $1.28

$1.50 MX$28.12

-14.67%

Oranges (1kg)

$6.48 $6.48

$2.12 MX$39.74

205.66%

Tomato (1kg)

$2.14 $2.14

$2.33 MX$43.64

-8.15%

Potato (1kg)

$2.22 MX$41.58

Onion (1kg)

$2.58 MX$48.34

Lettuce (1 head)

$1.45 MX$27.04

Water (1.5 liter bottle)

$1.22 MX$22.85

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

Wine (Bottle)

$13.30 MX$249

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

One-way Ticket (Public Transport)

$0.80 MX$14.94

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

Taxi Start (Normal Tariff)

$1.83 MX$34.28

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

Gasoline (1 liter)

$1.04 $1.04

$1.47 MX$27.54

-29.25%

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

$24.1K MX$450.4K

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

$23.5K MX$440.2K

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

$142 $142

$115 MX$2,144

23.87%

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

$117 $117

$26.37 MX$493

344.67%

Internet (50+ Mbps, Unlimited Data)

$69.5 $69.5

$25.70 MX$481

170.51%

Gym Membership (Monthly)

$50.6 $50.6

$30.53 MX$571

65.77%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

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

$679 MX$12.7K

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

Sport Shoes (Adidas, Nike)

$107 MX$2,011

Men's Leather Business Shoes

$119 MX$2,219

1-bedroom Apartment, City Center (Monthly)

$1,279 $1,279

$1,018 MX$19.0K

25.70%

1-bedroom Apartment, Outside City Center (Monthly)

$993 $993

$722 MX$13.5K

37.63%

3-bedroom Apartment, City Center (Monthly)

$2,003 $2,003

$1,966 MX$36.8K

1.88%

3-bedroom Apartment, Outside City Center (Monthly)

$2,150 $2,150

$1,416 MX$26.5K

51.88%

Buy Apartment in City Center (m2)

$2,317 $2,317

$4,203 MX$78.6K

-44.88%

Buy Apartment Outside City Center (m2)

$2,392 $2,392

$2,782 MX$52.0K

-14.00%

Average Monthly Net Salary (After Tax)

$3,960 $3,960

$1,096 MX$20.5K

261.45%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

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

Last update for Concord, NC: 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

Concord, NC

–

Monterrey

$722 44%

Groceries & Markets

Concord, NC

–

Monterrey

$302 18.4%

Eating Out

Concord, NC

–

Monterrey

$216 13.2%

Monthly Utilities & Internet

Concord, NC

–

Monterrey

$167 10.2%

Clothing & Footwear

Concord, NC

–

Monterrey

$153 9.3%

Getting Around

Concord, NC

–

Monterrey

$41 2.5%

Sport & Entertainment

Concord, NC

–

Monterrey

$40 2.5%

Cost Breakdown

A central one-bedroom costs $1,279 in Concord, NC versus $1,018 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 in Concord, NC are about 3.6 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $91 in Concord, NC versus $48 in Monterrey. Groceries tell a different story – $255 in Concord, NC vs $302 in Monterrey – so Concord, NC wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Concord, NC

🇲🇽 Monterrey

🕒 Local time

15:11 3:11 PM

14:11 2:11 PM

1 h behind Concord, NC

🌤 Weather

👥 Population

42,695

1,142,994

💱 Currency

United States Dollar USD $

Mexican Peso MXN $

📈 Exchange rate

1 USD = 0.895 EUR

100 MXN = 5.35 USD

100 MXN = 4.78 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 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

Mexican Peso exchange rates as of November 6, 2026: 1 USD = 18.7 MXN (100 MXN = 5.35 USD). 1 EUR = 20.9 MXN (100 MXN = 4.78 EUR).

MXN to USD in detail →

On the map

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Between locations

Concord, NC Monterrey 2,170 km ≈ 3 h 15 min nonstop flight

From you

Concord, NC
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

Concord, NC vs Monterrey: Cost of Living - Frequently Asked Questions

Yes – Concord, NC is pricier by about 19%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $2,933 per month in Concord, NC and $2,461 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: a one-bedroom in the center costs $1,018 there versus $1,279 in Concord, NC.

Interestingly, groceries are about 16% cheaper in Concord, NC – one category where the pricier city actually offers better value.

A mid-range dinner for two costs $91 in Concord, NC and $48 in Monterrey. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 covers both cities comfortably – all-in costs are $1,955 in Concord, NC and $1,641 in Monterrey, leaving budget for savings and extras in both cases.

It depends on your priorities. Monterrey has an edge in some lifestyle areas, with costs from $1,641 in Monterrey to $1,955 in Concord, NC. Climate, culture, job market, and personal taste all factor in.

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