Last update: Oct 2026

Cost of Living Comparison Between Hope, AR and Monterrey

For one person, living is cheaper in Monterrey: $1,599 a month against $2,532 in Hope, AR, rent and utilities included – about $11,200 less a year. Rent and utilities account for most of the difference.

Hope, AR
🇺🇸 United States
$2,532
/mo nomad
Monterrey
🇲🇽 Mexico
$1,599
/mo nomad
Monthly Cost of Living

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

A single person spends $2,532 per month in Hope, AR vs $1,599 in Monterrey, rent included.

  • Hope, AR $2,532
  • Monterrey $1,599

A couple spends around $3,665 per month in Hope, AR vs $2,493 in Monterrey, rent included.

  • Hope, AR $3,665
  • Monterrey $2,493

A family of three spends $4,799 per month in Hope, AR vs $3,387 in Monterrey, rent included.

  • Hope, AR $4,799
  • Monterrey $3,387

Hope, AR costs about 58% more than Monterrey, and outside of rent the biggest gap is in eating out.

Both Hope, AR and Monterrey sit above the global median – Hope, AR by 87%, Monterrey by 18%.

Currency
🍽 Eating Out
Hope, AR
Monterrey
Difference
Meal at Budget Restaurant
$19.72 $19.72
$13.80 MX$255
42.90%
Three-Course Dinner for Two, Mid-Range
$77.3 $77.3
$47.99 MX$887
60.99%
Fast Food Meal (McDonalds, etc)
$10.02 $10.02
$10.65 MX$197
-5.92%
Cappuccino
$5.67 $5.67
$3.99 MX$73.7
42.11%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.30 $2.30
$1.66 MX$30.76
38.55%
Water (0.33 liter bottle)
$2.02 $2.02
$0.99 MX$18.21
104.04%
Local Beer (0.5 liter draught)
$6.84 $6.84
$2.36 MX$43.64
189.83%
Imported Beer (0.33 liter bottle)
$7.50 $7.50
$4.43 MX$81.8
69.30%
🛒 Groceries & Markets
Hope, AR
Monterrey
Difference
Milk (1 liter)
$1.00 $1.00
$1.82 MX$33.58
-45.05%
White Bread (500g)
$3.25 $3.25
$2.83 MX$52.4
14.84%
Rice (white) (1kg)
$3.95 $3.95
$1.92 MX$35.44
105.73%
Eggs
$3.35 $3.35
$2.48 MX$45.78
35.08%
Local Cheese (1kg)
$5.89 $5.89
$11.74 MX$217
-49.83%
Chicken Fillets (1kg)
$11.87 $11.87
$9.10 MX$168
30.44%
Beef Round Steak (1kg)
$19.32 $19.32
$12.53 MX$232
54.19%
Apples (1kg)
$4.73 $4.73
$3.34 MX$61.6
41.62%
Banana (1kg)
$1.56 $1.56
$1.57 MX$29.10
-0.64%
Oranges (1kg)
$2.65 $2.65
$2.16 MX$39.86
22.69%
Tomato (1kg)
$3.05 $3.05
$2.47 MX$45.65
23.48%
Potato (1kg)
$2.79 $2.79
$2.31 MX$42.64
20.78%
Onion (1kg)
$2.63 $2.63
$2.68 MX$49.47
-1.87%
Lettuce (1 head)
$1.97 $1.97
$1.46 MX$26.90
34.93%
Water (1.5 liter bottle)
$2.87 $2.87
$1.19 MX$22.07
141.18%
Cigarettes 20 Pack (Marlboro, Camel)
$10.11 $10.11
$4.75 MX$87.8
112.84%
Wine (Bottle)
$19.83 $19.83
$13.58 MX$251
46.02%
Local Beer (0.5 liter bottle)
$1.71 $1.71
$1.92 MX$35.52
-10.94%
Imported Beer (0.33 liter bottle)
$3.37 $3.37
$2.88 MX$53.2
17.01%
🚌 Getting Around
Hope, AR
Monterrey
Difference
One-way Ticket (Public Transport)
$1.72 $1.72
$0.79 MX$14.66
117.72%
Public Transport Monthly Pass (Regular Price)
-
$31.36 MX$579
-
Taxi Start (Normal Tariff)
$2.93 $2.93
$1.59 MX$29.44
84.28%
Taxi (Normal Tariff) (1km)
$1.89 $1.89
$1.06 MX$19.58
78.30%
Taxi 1hour Waiting (Normal Tariff)
$33.17 $33.17
$10.80 MX$200
207.13%
Gasoline (1 liter)
$0.91 $0.91
$1.55 MX$28.59
-41.29%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.2K $27.2K
$24.2K MX$446.4K
12.60%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.4K $26.4K
$24.3K MX$449.4K
8.51%
🧾 Monthly Utilities & Internet
Hope, AR
Monterrey
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$202 $202
$117 MX$2,159
72.57%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$46.34 $46.34
$26.38 MX$488
75.66%
Internet (50+ Mbps, Unlimited Data)
$55.0 $55.0
$26.04 MX$481
111.18%
🎉 Sport & Entertainment
Hope, AR
Monterrey
Difference
Gym Membership (Monthly)
$41.87 $41.87
$30.26 MX$559
38.37%
Tennis Court (1 Hour on Weekend)
-
$21.25 MX$393
-
Cinema Ticket
$15.08 $15.08
$5.23 MX$96.6
188.34%
🧸 Childcare & Education
Hope, AR
Monterrey
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,336 $1,336
$673 MX$12.4K
98.63%
International Primary School, 1 Child (Yearly)
$23.4K $23.4K
$11.1K MX$205.2K
110.97%
👕👟 Clothing & Footwear
Hope, AR
Monterrey
Difference
Jeans (Levis 501 Or Similar)
$59.3 $59.3
$72.1 MX$1,332
-17.74%
Summer Dress (H&M, Zara, etc)
$38.69 $38.69
$42.38 MX$783
-8.71%
Sport Shoes (Adidas, Nike)
$87.8 $87.8
$112 MX$2,066
-21.48%
Men's Leather Business Shoes
$68.8 $68.8
$119 MX$2,200
-42.17%
🏠 Accommodation & Living
Hope, AR
Monterrey
Difference
1-bedroom Apartment, City Center (Monthly)
$1,618 $1,618
$949 MX$17.5K
70.54%
1-bedroom Apartment, Outside City Center (Monthly)
$1,324 $1,324
$666 MX$12.3K
98.77%
3-bedroom Apartment, City Center (Monthly)
$2,464 $2,464
$1,821 MX$33.7K
35.26%
3-bedroom Apartment, Outside City Center (Monthly)
$2,120 $2,120
$1,271 MX$23.5K
66.79%
Buy Apartment in City Center (m2)
$2,969 $2,969
$4,050 MX$74.8K
-26.69%
Buy Apartment Outside City Center (m2)
$2,245 $2,245
$2,348 MX$43.4K
-4.37%
💵 Salaries & Financials
Hope, AR
Monterrey
Difference
Average Monthly Net Salary (After Tax)
-
$1,155 MX$21.3K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.51
11.79
-44.78%

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

Last update for Hope, AR: October 20, 2026

Last update for Monterrey: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Hope, AR
$1.3K
Monterrey
$666 49.7% $658
Groceries & Markets
Hope, AR
$377
Monterrey
$304 19.1% $72
Eating Out
Hope, AR
$322
Monterrey
$221 31.3% $101
Monthly Utilities & Internet
Hope, AR
$303
Monterrey
$169 44.1% $134
Clothing & Footwear
Hope, AR
$115
Monterrey
$155 35.6% $41
Sport & Entertainment
Hope, AR
$72
Monterrey
$41 43.5% $31
Getting Around
Hope, AR
$19 *
Monterrey
$41 115% $22

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

Cost Breakdown

A central one-bedroom costs $1,618 in Hope, AR 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 $77.0 in Hope, AR versus $48.00 in Monterrey. Monthly groceries follow the same trend: $377 vs $304 – making Monterrey the more affordable choice for daily food spending.

Good to know
🇺🇸 Hope, AR
🇲🇽 Monterrey
🕒 Local time
21:44 9:44 PM
20:44 8:44 PM
1 h behind Hope, AR
🌤 Weather
👥 Population
9,000
1,142,994
💱 Currency
Exchange rates and currency converter

MXN, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 21, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

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
  • Hope, AR Monterrey 1,100 km ≈ 1 h 45 min nonstop flight
From you
  • Hope, AR
  • 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
Hope, AR vs Monterrey: Cost of Living - Frequently Asked Questions
How do living costs in Hope, AR and in Monterrey compare overall?
Monthly costs with rent: $2,532 in Hope, AR, $1,599 in Monterrey – roughly 58% apart. Outside of rent, the biggest gap is in eating out.
What salary covers living expenses in Hope, AR compared to Monterrey?
For a comfortable life, plan on about $3,798 per month in Hope, AR and $2,399 in Monterrey. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Hope, AR and Monterrey?
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 restaurants?
A mid-range dinner for two costs $77.0 in Hope, AR and $48.00 in Monterrey. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city has cheaper grocery shopping?
Groceries cost about 24% more in Hope, AR, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Which city is more doable on $2,000 per month?
A $2,000 monthly budget goes further in Monterrey, where all-in costs run around $1,599, than in Hope, AR at $2,532. In Monterrey it covers expenses comfortably, while in Hope, AR it requires careful planning or may not stretch far enough.
How does quality of life compare between Hope, AR and Monterrey?
It depends on your priorities. Monterrey has an edge in some lifestyle areas, with costs from $1,599 in Monterrey to $2,532 in Hope, AR. Climate, culture, job market, and personal taste all factor in.
Is Hope, AR or Monterrey safer for residents?
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.
How do I decide between Hope, AR and Monterrey?
If budget matters most, go with Monterrey. If higher salaries, better infrastructure, or specific career opportunities are the priority, Hope, AR makes more sense. Both are solid long-term options with distinct trade-offs.

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