Last update: Nov 2026

Cost of Living Comparison Between La Chorrera and Monterrey

For one person, living is cheaper in La Chorrera: $172 a month against $1,641 in Monterrey, rent and utilities included – about $17,600 less a year. Rent and utilities account for about half of the difference.

78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index

Jump to prices

La Chorrera

🇵🇦 Panama

$172

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

A single person spends $172 per month in La Chorrera vs $1,641 in Monterrey, rent included.

La Chorrera $172
Monterrey $1,641

A couple spends around $120 per month in La Chorrera vs $2,573 in Monterrey, rent included.

La Chorrera $120
Monterrey $2,573

A family of three spends $68 per month in La Chorrera vs $3,504 in Monterrey, rent included.

La Chorrera $68
Monterrey $3,504

La Chorrera is about 90% cheaper than Monterrey, and outside of rent the biggest gap is in groceries.

La Chorrera sits 87% below the global median, while Monterrey is 21% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.37 MX$251

Three-Course Dinner for Two, Mid-Range

$47.95 MX$900

Fast Food Meal (McDonalds, etc)

$10.79 MX$203

Cappuccino

$3.77 MX$70.7

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

$1.51 MX$28.37

Water (0.33 liter bottle)

$1.03 MX$19.33

Local Beer (0.5 liter draught)

$2.48 MX$46.60

Imported Beer (0.33 liter bottle)

$4.36 MX$81.8

Milk (1 liter)

$1.80 PAB 1.80

$1.89 MX$35.58

-4.76%

White Bread (500g)

$2.85 MX$53.5

Rice (white) (1kg)

$3.33 PAB 3.33

$1.86 MX$34.86

79.03%

Eggs

$2.47 MX$46.31

Local Cheese (1kg)

$11.81 MX$222

Chicken Fillets (1kg)

$8.97 MX$168

Beef Round Steak (1kg)

$12.57 MX$236

Apples (1kg)

$3.20 MX$60.0

Banana (1kg)

$1.50 MX$28.23

Oranges (1kg)

$2.12 MX$39.90

Tomato (1kg)

$2.33 MX$43.82

Potato (1kg)

$2.22 MX$41.75

Onion (1kg)

$2.58 MX$48.54

Lettuce (1 head)

$1.45 MX$27.15

Water (1.5 liter bottle)

$1.22 MX$22.94

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$90.1

Wine (Bottle)

$13.30 MX$250

Local Beer (0.5 liter bottle)

$1.93 MX$36.28

Imported Beer (0.33 liter bottle)

$2.86 MX$53.6

One-way Ticket (Public Transport)

$0.80 MX$15.00

Public Transport Monthly Pass (Regular Price)

$30.94 MX$581

Taxi Start (Normal Tariff)

$1.83 MX$34.42

Taxi (Normal Tariff) (1km)

$1.06 MX$19.86

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$203

Gasoline (1 liter)

$1.47 MX$27.65

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

$24.1K MX$452.3K

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

$23.5K MX$442.0K

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

$115 MX$2,152

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

$26.37 MX$495

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$483

Gym Membership (Monthly)

$30.53 MX$573

Tennis Court (1 Hour on Weekend)

$21.27 MX$400

Cinema Ticket

$4.96 MX$93.1

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

$679 MX$12.7K

International Primary School, 1 Child (Yearly)

$14.2K MX$266.4K

Jeans (Levis 501 Or Similar)

$72.2 MX$1,356

Summer Dress (H&M, Zara, etc)

$41.94 MX$788

Sport Shoes (Adidas, Nike)

$107 MX$2,019

Men's Leather Business Shoes

$119 MX$2,228

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.1K

1-bedroom Apartment, Outside City Center (Monthly)

$141 PAB 141

$722 MX$13.6K

-80.48%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.9K

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.6K

Buy Apartment in City Center (m2)

$4,203 MX$78.9K

Buy Apartment Outside City Center (m2)

$2,782 MX$52.2K

Average Monthly Net Salary (After Tax)

$1,096 MX$20.6K

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 La Chorrera: November 3, 2026

Last update for Monterrey: November 2, 2026

Monthly budget structure

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

Accommodation & Living

La Chorrera

–

Monterrey

$722 44%

Groceries & Markets

La Chorrera

–

Monterrey

$302 18.4%

Eating Out

La Chorrera

–

Monterrey

$216 13.2%

Monthly Utilities & Internet

La Chorrera

–

Monterrey

$167 10.2%

Clothing & Footwear

La Chorrera

–

Monterrey

$153 9.3%

Getting Around

La Chorrera

–

Monterrey

$41 2.5%

Sport & Entertainment

La Chorrera

–

Monterrey

$40 2.5%

Good to know

🇵🇦 La Chorrera

🇲🇽 Monterrey

🕒 Local time

04:33 4:33 AM

03:33 3:33 AM

1 h behind La Chorrera

🌤 Weather

👥 Population

258,221

1,142,994

💱 Currency

Panamanian Balboa PAB B/.

Mexican Peso MXN $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

100 MXN = 5.32 USD

100 MXN = 4.74 EUR

Exchange rates and currency converter

MXN, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

Mexican Peso exchange rates as of November 6, 2026: 1 USD = 18.78 MXN (100 MXN = 5.32 USD). 1 EUR = 21.09 MXN (100 MXN = 4.74 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

La Chorrera Monterrey 2,860 km ≈ 4 h nonstop flight

From you

La Chorrera
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

La Chorrera vs Monterrey: Cost of Living - Frequently Asked Questions

Monterrey costs about 853% more than La Chorrera, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $258 per month in La Chorrera and $2,461 in Monterrey. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $172 in La Chorrera and $1,641 in Monterrey. That makes La Chorrera about 90% cheaper.

Groceries cost about 865% more in Monterrey, though the gap depends on what you buy.

A $800 monthly budget goes further in La Chorrera, where all-in costs run around $172, than in Monterrey at $1,641. In La Chorrera it covers expenses comfortably, while in Monterrey it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. La Chorrera costs $172 versus $1,641 in Monterrey. Both appeal to remote workers, and the cost gap matters when income varies month to month.