Last update: Oct 2026

Cost of Living Comparison Between Latacunga and Monterrey

For one person, living is cheaper in Latacunga: $782 a month against $1,608 in Monterrey, rent and utilities included – about $9,900 less a year. Rent and utilities account for most of the difference.

38

Cost of Living Index in Latacunga
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Latacunga Living Index
79

Cost of Living Index in Monterrey
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Monterrey Living Index

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Latacunga

🇪🇨 Ecuador

$782

/mo nomad

Monterrey

🇲🇽 Mexico

$1,608

/mo nomad

Monthly Cost of Living

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

A single person spends $782 per month in Latacunga vs $1,608 in Monterrey, rent included.

Latacunga $782
Monterrey $1,608

A couple spends around $1,269 per month in Latacunga vs $2,521 in Monterrey, rent included.

Latacunga $1,269
Monterrey $2,521

A family of three spends $1,756 per month in Latacunga vs $3,433 in Monterrey, rent included.

Latacunga $1,756
Monterrey $3,433

Latacunga is about 51% cheaper than Monterrey, and outside of rent the biggest gap is in groceries.

Latacunga sits 42% below the global median, while Monterrey is 19% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.55 $2.55

$13.85 MX$257

-81.59%

Three-Course Dinner for Two, Mid-Range

$28.41 $28.41

$49.70 MX$921

-42.84%

Fast Food Meal (McDonalds, etc)

$9.03 $9.03

$11.05 MX$205

-18.28%

Cappuccino

$2.79 $2.79

$4.09 MX$75.8

-31.78%

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

$0.87 $0.87

$1.68 MX$31.06

-48.21%

Water (0.33 liter bottle)

$0.48 $0.48

$1.03 MX$19.03

-53.40%

Local Beer (0.5 liter draught)

$3.05 $3.05

$2.40 MX$44.40

27.08%

Imported Beer (0.33 liter bottle)

$4.28 $4.28

$4.35 MX$80.6

-1.61%

Milk (1 liter)

$1.18 $1.18

$1.92 MX$35.64

-38.54%

White Bread (500g)

$2.01 $2.01

$2.94 MX$54.4

-31.63%

Rice (white) (1kg)

$0.98 $0.98

$1.88 MX$34.76

-47.87%

Eggs

$1.75 $1.75

$2.55 MX$47.19

-31.37%

Local Cheese (1kg)

$4.87 $4.87

$11.84 MX$219

-58.87%

Chicken Fillets (1kg)

$5.09 $5.09

$9.36 MX$173

-45.62%

Beef Round Steak (1kg)

$9.37 $9.37

$13.10 MX$243

-28.47%

Apples (1kg)

$1.49 $1.49

$3.38 MX$62.7

-55.92%

Banana (1kg)

$1.18 $1.18

$1.52 MX$28.21

-22.37%

Oranges (1kg)

$1.03 $1.03

$2.19 MX$40.62

-52.97%

Tomato (1kg)

$0.96 $0.96

$2.36 MX$43.75

-59.32%

Potato (1kg)

$1.03 $1.03

$2.26 MX$41.88

-54.42%

Onion (1kg)

$0.91 $0.91

$2.73 MX$50.7

-66.67%

Lettuce (1 head)

$0.52 $0.52

$1.52 MX$28.25

-65.79%

Water (1.5 liter bottle)

$1.02 $1.02

$1.24 MX$22.97

-17.74%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 $5.90

$4.75 MX$88.1

24.21%

Wine (Bottle)

$10.09 $10.09

$13.66 MX$253

-26.13%

Local Beer (0.5 liter bottle)

$1.46 $1.46

$1.89 MX$35.05

-22.75%

Imported Beer (0.33 liter bottle)

$2.22 $2.22

$2.99 MX$55.3

-25.75%

One-way Ticket (Public Transport)

$0.37 $0.37

$0.85 MX$15.82

-56.47%

Public Transport Monthly Pass (Regular Price)

$16.94 $16.94

$30.95 MX$573

-45.27%

Taxi Start (Normal Tariff)

$1.32 $1.32

$1.68 MX$31.06

-21.43%

Taxi (Normal Tariff) (1km)

$1.78 $1.78

$1.13 MX$20.93

57.52%

Taxi 1hour Waiting (Normal Tariff)

$12.05 $12.05

$11.15 MX$207

8.07%

Gasoline (1 liter)

$0.66 $0.66

$1.56 MX$28.99

-57.69%

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

$20.7K $20.7K

$21.4K MX$396.9K

-3.33%

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

$31.3K $31.3K

$25.1K MX$464.5K

24.69%

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

$39.72 $39.72

$119 MX$2,212

-66.73%

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

$14.95 $14.95

$26.21 MX$486

-42.96%

Internet (50+ Mbps, Unlimited Data)

$26.59 $26.59

$26.78 MX$496

-0.71%

Gym Membership (Monthly)

$27.47 $27.47

$31.03 MX$575

-11.47%

Tennis Court (1 Hour on Weekend)

$17.83 $17.83

$21.43 MX$397

-16.80%

Cinema Ticket

$7.57 $7.57

$5.29 MX$98.0

43.10%

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

$378 $378

$691 MX$12.8K

-45.26%

International Primary School, 1 Child (Yearly)

$5,776 $5,776

$11.5K MX$212.7K

-49.67%

Jeans (Levis 501 Or Similar)

$64.5 $64.5

$72.3 MX$1,339

-10.75%

Summer Dress (H&M, Zara, etc)

$40.29 $40.29

$42.72 MX$792

-5.69%

Sport Shoes (Adidas, Nike)

$126 $126

$110 MX$2,030

15.33%

Men's Leather Business Shoes

$91.6 $91.6

$117 MX$2,164

-21.53%

1-bedroom Apartment, City Center (Monthly)

$295 $295

$970 MX$18.0K

-69.55%

1-bedroom Apartment, Outside City Center (Monthly)

$188 $188

$664 MX$12.3K

-71.63%

3-bedroom Apartment, City Center (Monthly)

$723 $723

$1,857 MX$34.4K

-61.08%

3-bedroom Apartment, Outside City Center (Monthly)

$407 $407

$1,287 MX$23.9K

-68.42%

Buy Apartment in City Center (m2)

$1,068 $1,068

$4,162 MX$77.1K

-74.33%

Buy Apartment Outside City Center (m2)

$739 $739

$2,349 MX$43.5K

-68.56%

Average Monthly Net Salary (After Tax)

$1,146 MX$21.2K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

-15.18%

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

Last update for Latacunga: October 12, 2026

Last update for Monterrey: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Latacunga

$188 24.1%

Monterrey

$664 41.3% 253% $475

Groceries & Markets

Latacunga

$186 23.7%

Monterrey

$310 19.3% 67.3% $125

Clothing & Footwear

Latacunga

$145 18.6%

Monterrey

$154 9.6% 5.7% $8.3

Eating Out

Latacunga

$110 14.1%

Monterrey

$225 14% 104% $114

Monthly Utilities & Internet

Latacunga

$81 10.4%

Monterrey

$172 10.7% 112% $91

Sport & Entertainment

Latacunga

$43 5.5%

Monterrey

$42 2.6% 2.3% $1

Getting Around

Latacunga

$29 3.7%

Monterrey

$42 2.6% 45.7% $13

Cost Breakdown

A central one-bedroom costs $295 in Latacunga 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.

A mid-range dinner for two costs $28.00 in Latacunga versus $50.0 in Monterrey. Monthly groceries follow the same trend: $186 vs $310 – making Latacunga the more affordable choice for daily food spending.

Good to know

🇪🇨 Latacunga

🇲🇽 Monterrey

🕒 Local time

12:51 12:51 PM

11:51 11:51 AM

1 h behind Latacunga

🌤 Weather

👥 Population

57,127

1,142,994

💱 Currency

United States Dollar USD $

Mexican Peso MXN $

📈 Exchange rate

1 USD = 0.893 EUR

100 MXN = 5.4 USD

100 MXN = 4.82 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 15, 2026: 1 EUR = 1.12 USD (1 USD = 0.893 EUR).

Mexican Peso exchange rates as of October 15, 2026: 1 USD = 18.53 MXN (100 MXN = 5.4 USD). 1 EUR = 20.75 MXN (100 MXN = 4.82 EUR).

MXN to USD in detail →

On the map

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Between locations

Latacunga Monterrey 3,770 km ≈ 5 h nonstop flight

From you

Latacunga
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

Latacunga vs Monterrey: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $782 in Latacunga, $1,608 in Monterrey – roughly 106% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,173 per month in Latacunga 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 Latacunga, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $378 per month in Latacunga and $691 in Monterrey. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 67% more in Monterrey, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Latacunga, where all-in costs run around $782, than in Monterrey at $1,608. In Latacunga it covers expenses comfortably, while in Monterrey 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 $782 in Latacunga to $1,608 in Monterrey. Climate, culture, job market, and personal taste all factor in.

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