Last update: Oct 2026

Cost of Living Comparison Between Franklin, TN and Monterrey

For one person, living is cheaper in Monterrey: $1,608 a month against $3,159 in Franklin, TN, rent and utilities included – about $18,600 less a year. Rent and utilities account for most of the difference.

160

Cost of Living Index in Franklin, TN
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Franklin, TN Living Index
79

Cost of Living Index in Monterrey
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Monterrey Living Index

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Franklin, TN

🇺🇸 United States

$3,159

/mo nomad

Monterrey

🇲🇽 Mexico

$1,608

/mo nomad

Monthly Cost of Living

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

A single person spends $3,159 per month in Franklin, TN vs $1,608 in Monterrey, rent included.

Franklin, TN $3,159
Monterrey $1,608

A couple spends around $4,404 per month in Franklin, TN vs $2,521 in Monterrey, rent included.

Franklin, TN $4,404
Monterrey $2,521

A family of three spends $5,649 per month in Franklin, TN vs $3,433 in Monterrey, rent included.

Franklin, TN $5,649
Monterrey $3,433

Franklin, TN costs about 96% more than Monterrey, and outside of rent the biggest gap is in eating out.

Both Franklin, TN and Monterrey sit above the global median – Franklin, TN by 134%, Monterrey by 19%.

Meal at Budget Restaurant

$23.93 $23.93

$13.85 MX$256

72.78%

Three-Course Dinner for Two, Mid-Range

$87.0 $87.0

$49.70 MX$918

75.13%

Fast Food Meal (McDonalds, etc)

$11.89 $11.89

$11.05 MX$204

7.60%

Cappuccino

$7.10 $7.10

$4.09 MX$75.6

73.59%

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

$3.34 $3.34

$1.68 MX$30.97

98.81%

Water (0.33 liter bottle)

$2.29 $2.29

$1.03 MX$18.98

122.33%

Local Beer (0.5 liter draught)

$7.47 $7.47

$2.40 MX$44.28

211.25%

Imported Beer (0.33 liter bottle)

$8.05 $8.05

$4.35 MX$80.3

85.06%

Milk (1 liter)

$1.34 $1.34

$1.92 MX$35.55

-30.21%

White Bread (500g)

$3.85 $3.85

$2.94 MX$54.2

30.95%

Rice (white) (1kg)

$1.88 MX$34.66

Eggs

$5.58 $5.58

$2.55 MX$47.06

118.82%

Local Cheese (1kg)

$15.59 $15.59

$11.84 MX$219

31.67%

Chicken Fillets (1kg)

$17.82 $17.82

$9.36 MX$173

90.38%

Beef Round Steak (1kg)

$13.10 MX$242

Apples (1kg)

$3.76 $3.76

$3.38 MX$62.5

11.24%

Banana (1kg)

$2.00 $2.00

$1.52 MX$28.13

31.58%

Oranges (1kg)

$2.19 MX$40.51

Tomato (1kg)

$2.36 MX$43.63

Potato (1kg)

$2.01 $2.01

$2.26 MX$41.76

-11.06%

Onion (1kg)

$2.19 $2.19

$2.73 MX$50.5

-19.78%

Lettuce (1 head)

$2.44 $2.44

$1.52 MX$28.17

60.53%

Water (1.5 liter bottle)

$1.24 MX$22.90

Cigarettes 20 Pack (Marlboro, Camel)

$4.75 MX$87.8

Wine (Bottle)

$12.95 $12.95

$13.66 MX$252

-5.20%

Local Beer (0.5 liter bottle)

$1.89 MX$34.95

Imported Beer (0.33 liter bottle)

$2.99 MX$55.2

One-way Ticket (Public Transport)

$1.01 $1.01

$0.85 MX$15.78

18.82%

Public Transport Monthly Pass (Regular Price)

$30.95 MX$572

Taxi Start (Normal Tariff)

$1.68 MX$30.98

Taxi (Normal Tariff) (1km)

$1.13 MX$20.87

Taxi 1hour Waiting (Normal Tariff)

$11.15 MX$206

Gasoline (1 liter)

$0.85 $0.85

$1.56 MX$28.91

-45.51%

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

$21.4K MX$395.8K

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

$25.1K MX$463.2K

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

$214 $214

$119 MX$2,206

79.64%

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

$115 $115

$26.21 MX$484

339.26%

Internet (50+ Mbps, Unlimited Data)

$91.0 $91.0

$26.78 MX$495

239.69%

Gym Membership (Monthly)

$44.10 $44.10

$31.03 MX$573

42.12%

Tennis Court (1 Hour on Weekend)

$21.43 MX$396

Cinema Ticket

$15.91 $15.91

$5.29 MX$97.7

200.76%

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

$395 $395

$691 MX$12.8K

-42.82%

International Primary School, 1 Child (Yearly)

$11.5K MX$212.1K

Jeans (Levis 501 Or Similar)

$101 $101

$72.3 MX$1,335

39.92%

Summer Dress (H&M, Zara, etc)

$64.8 $64.8

$42.72 MX$789

51.59%

Sport Shoes (Adidas, Nike)

$75.2 $75.2

$110 MX$2,024

-31.35%

Men's Leather Business Shoes

$110 $110

$117 MX$2,158

-6.18%

1-bedroom Apartment, City Center (Monthly)

$2,060 $2,060

$970 MX$17.9K

112.44%

1-bedroom Apartment, Outside City Center (Monthly)

$1,826 $1,826

$664 MX$12.3K

175.08%

3-bedroom Apartment, City Center (Monthly)

$3,544 $3,544

$1,857 MX$34.3K

90.84%

3-bedroom Apartment, Outside City Center (Monthly)

$2,705 $2,705

$1,287 MX$23.8K

110.07%

Buy Apartment in City Center (m2)

$2,825 $2,825

$4,162 MX$76.9K

-32.11%

Buy Apartment Outside City Center (m2)

$2,801 $2,801

$2,349 MX$43.4K

19.22%

Average Monthly Net Salary (After Tax)

$5,994 $5,994

$1,146 MX$21.2K

422.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

11.79

-44.11%

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

Last update for Franklin, TN: October 11, 2026

Last update for Monterrey: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Franklin, TN

$1.8K 57.8%

Monterrey

$664 41.3% 63.6% $1.2K

Monthly Utilities & Internet

Franklin, TN

$421 13.3%

Monterrey

$172 10.7% 59% $248

Eating Out

Franklin, TN

$388 12.3%

Monterrey

$225 14% 42.2% $164

Groceries & Markets

Franklin, TN

$287 * 9.1%

Monterrey

$310 19.3% 8.2% $23

Clothing & Footwear

Franklin, TN

$158 5%

Monterrey

$154 9.6% 2.7% $4.2

Sport & Entertainment

Franklin, TN

$76 2.4%

Monterrey

$42 2.6% 45.2% $34

Getting Around

Franklin, TN

$4.1 * 0.1%

Monterrey

$42 2.6% 929% $38

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

Cost Breakdown

A central one-bedroom costs $2,060 in Franklin, TN versus $970 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 423% higher in Franklin, TN, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $87.0 in Franklin, TN versus $50.0 in Monterrey. Groceries tell a different story – $287 in Franklin, TN vs $310 in Monterrey – so Franklin, TN wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Franklin, TN

🇲🇽 Monterrey

🕒 Local time

19:13 7:13 PM

18:13 6:13 PM

1 h behind Franklin, TN

🌤 Weather

👥 Population

83,454

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 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Mexican Peso exchange rates as of October 19, 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 →

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Between locations

Franklin, TN Monterrey 1,710 km ≈ 2 h 45 min nonstop flight

From you

Franklin, TN
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

Franklin, TN vs Monterrey: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,159 in Franklin, TN, $1,608 in Monterrey – roughly 96% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $4,739 per month in Franklin, TN and $2,412 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 $3,159 in Franklin, TN and $1,608 in Monterrey. That's a gap of about 96%.

Kindergarten costs $395 per month in Franklin, TN and $691 in Monterrey. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $3,000 monthly budget goes further in Monterrey, where all-in costs run around $1,608, than in Franklin, TN at $3,159. In Monterrey it covers expenses comfortably, while in Franklin, TN it requires careful planning or may not stretch far enough.

It depends on your priorities. Monterrey has an edge in some lifestyle areas, with costs from $1,608 in Monterrey to $3,159 in Franklin, TN. Climate, culture, job market, and personal taste all factor in.

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, Franklin, TN makes more sense. Both are solid long-term options with distinct trade-offs.