Last update: Oct 2026

Cost of Living Comparison Between Monterrey and Austin, MN

For one person, living is cheaper in Monterrey: $1,608 a month against $2,462 in Austin, MN, rent and utilities included – about $10,200 less a year. Rent and utilities account for most of the difference.

Monterrey
🇲🇽 Mexico
$1,608
/mo nomad
Austin, MN
🇺🇸 United States
$2,462
/mo nomad
Monthly Cost of Living

How much you'll spend in Monterrey and in Austin, MN

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Monterrey and in Austin, MN actually costs, broken down by who's living it.

A single person spends $1,608 per month in Monterrey vs $2,462 in Austin, MN, rent included.

  • Monterrey $1,608
  • Austin, MN $2,462

A couple spends around $2,521 per month in Monterrey vs $3,691 in Austin, MN, rent included.

  • Monterrey $2,521
  • Austin, MN $3,691

A family of three spends $3,433 per month in Monterrey vs $4,921 in Austin, MN, rent included.

  • Monterrey $3,433
  • Austin, MN $4,921

Monterrey is about 35% cheaper than Austin, MN, and outside of rent the biggest gap is in eating out.

Both Monterrey and Austin, MN sit above the global median – Monterrey by 19%, Austin, MN by 82%.

Currency
🍽 Eating Out
Monterrey
Austin, MN
Difference
Meal at Budget Restaurant
$13.85 MX$256
$20.05 $20.05
-30.92%
Three-Course Dinner for Two, Mid-Range
$49.70 MX$918
$99.6 $99.6
-50.12%
Fast Food Meal (McDonalds, etc)
$11.05 MX$204
$12.22 $12.22
-9.57%
Cappuccino
$4.09 MX$75.6
$5.04 $5.04
-18.85%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.68 MX$30.97
$2.95 $2.95
-43.05%
Water (0.33 liter bottle)
$1.03 MX$18.98
$1.99 $1.99
-48.24%
Local Beer (0.5 liter draught)
$2.40 MX$44.28
$5.11 $5.11
-53.03%
Imported Beer (0.33 liter bottle)
$4.35 MX$80.3
$5.80 $5.80
-25.00%
🛒 Groceries & Markets
Monterrey
Austin, MN
Difference
Milk (1 liter)
$1.92 MX$35.55
$0.83 $0.83
131.33%
White Bread (500g)
$2.94 MX$54.2
$2.88 $2.88
2.08%
Rice (white) (1kg)
$1.88 MX$34.66
$1.91 $1.91
-1.57%
Eggs
$2.55 MX$47.06
$2.66 $2.66
-4.14%
Local Cheese (1kg)
$11.84 MX$219
$9.65 $9.65
22.69%
Chicken Fillets (1kg)
$9.36 MX$173
$6.48 $6.48
44.44%
Beef Round Steak (1kg)
$13.10 MX$242
$19.15 $19.15
-31.59%
Apples (1kg)
$3.38 MX$62.5
$5.19 $5.19
-34.87%
Banana (1kg)
$1.52 MX$28.13
$1.24 $1.24
22.58%
Oranges (1kg)
$2.19 MX$40.51
$3.59 $3.59
-39.00%
Tomato (1kg)
$2.36 MX$43.63
$1.74 $1.74
35.63%
Potato (1kg)
$2.26 MX$41.76
$2.55 $2.55
-11.37%
Onion (1kg)
$2.73 MX$50.5
$2.23 $2.23
22.42%
Lettuce (1 head)
$1.52 MX$28.17
$1.51 $1.51
0.66%
Water (1.5 liter bottle)
$1.24 MX$22.90
$1.98 $1.98
-37.37%
Cigarettes 20 Pack (Marlboro, Camel)
$4.75 MX$87.8
$8.71 $8.71
-45.46%
Wine (Bottle)
$13.66 MX$252
$3.03 $3.03
350.83%
Local Beer (0.5 liter bottle)
$1.89 MX$34.95
$1.77 $1.77
6.78%
Imported Beer (0.33 liter bottle)
$2.99 MX$55.2
$3.02 $3.02
-0.99%
🚌 Getting Around
Monterrey
Austin, MN
Difference
One-way Ticket (Public Transport)
$0.85 MX$15.78
$1.96 $1.96
-56.63%
Public Transport Monthly Pass (Regular Price)
$30.95 MX$572
-
-
Taxi Start (Normal Tariff)
$1.68 MX$30.98
$2.02 $2.02
-16.83%
Taxi (Normal Tariff) (1km)
$1.13 MX$20.87
$1.27 $1.27
-11.02%
Taxi 1hour Waiting (Normal Tariff)
$11.15 MX$206
$20.06 $20.06
-44.42%
Gasoline (1 liter)
$1.56 MX$28.91
$0.95 $0.95
64.21%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.4K MX$395.8K
$35.4K $35.4K
-39.57%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.1K MX$463.2K
$24.5K $24.5K
2.43%
🧾 Monthly Utilities & Internet
Monterrey
Austin, MN
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$119 MX$2,206
$187 $187
-36.03%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.21 MX$484
$52.3 $52.3
-49.84%
Internet (50+ Mbps, Unlimited Data)
$26.78 MX$495
$79.3 $79.3
-66.23%
🎉 Sport & Entertainment
Monterrey
Austin, MN
Difference
Gym Membership (Monthly)
$31.03 MX$573
$35.93 $35.93
-13.64%
Tennis Court (1 Hour on Weekend)
$21.43 MX$396
-
-
Cinema Ticket
$5.29 MX$97.7
$15.30 $15.30
-65.42%
🧸 Childcare & Education
Monterrey
Austin, MN
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$691 MX$12.8K
$1,361 $1,361
-49.23%
International Primary School, 1 Child (Yearly)
$11.5K MX$212.1K
$11.6K $11.6K
-1.35%
👕👟 Clothing & Footwear
Monterrey
Austin, MN
Difference
Jeans (Levis 501 Or Similar)
$72.3 MX$1,335
$77.5 $77.5
-6.73%
Summer Dress (H&M, Zara, etc)
$42.72 MX$789
$54.0 $54.0
-20.82%
Sport Shoes (Adidas, Nike)
$110 MX$2,024
$102 $102
7.66%
Men's Leather Business Shoes
$117 MX$2,158
$165 $165
-29.06%
🏠 Accommodation & Living
Monterrey
Austin, MN
Difference
1-bedroom Apartment, City Center (Monthly)
$970 MX$17.9K
$1,433 $1,433
-32.34%
1-bedroom Apartment, Outside City Center (Monthly)
$664 MX$12.3K
$1,274 $1,274
-47.89%
3-bedroom Apartment, City Center (Monthly)
$1,857 MX$34.3K
$2,528 $2,528
-26.54%
3-bedroom Apartment, Outside City Center (Monthly)
$1,287 MX$23.8K
$2,157 $2,157
-40.32%
Buy Apartment in City Center (m2)
$4,162 MX$76.9K
$2,481 $2,481
67.74%
Buy Apartment Outside City Center (m2)
$2,349 MX$43.4K
$2,593 $2,593
-9.40%
💵 Salaries & Financials
Monterrey
Austin, MN
Difference
Average Monthly Net Salary (After Tax)
$1,146 MX$21.2K
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
11.79
6.57
79.45%

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

Last update for Monterrey: October 10, 2026

Last update for Austin, MN: October 10, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Monterrey
$664
Austin, MN
$1.3K 91.9% $610
Groceries & Markets
Monterrey
$310
Austin, MN
$293 5.5% $17
Eating Out
Monterrey
$225
Austin, MN
$314 40% $90
Monthly Utilities & Internet
Monterrey
$172
Austin, MN
$318 84.6% $146
Clothing & Footwear
Monterrey
$154
Austin, MN
$179 16.6% $25
Getting Around
Monterrey
$42
Austin, MN
$16 * 61.1% $25
Sport & Entertainment
Monterrey
$42
Austin, MN
$67 59.9% $25

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

Cost Breakdown

A central one-bedroom costs $970 in Monterrey versus $1,433 in Austin, MN. 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 $50.0 in Monterrey versus $100 in Austin, MN. Groceries tell a different story – $310 in Monterrey vs $293 in Austin, MN – so Austin, MN wins on supermarket bills even if dining out costs more.

Good to know
🇲🇽 Monterrey
🇺🇸 Austin, MN
🕒 Local time
14:56 2:56 PM
15:56 3:56 PM
1 h ahead of Monterrey
🌤 Weather
👥 Population
1,142,994
974,447
💱 Currency
Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

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).

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

On the map
Between locations
  • Monterrey Austin, MN 2,110 km ≈ 3 h 15 min nonstop flight
From you
  • Monterrey
  • Austin, MN

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
Monterrey vs Austin, MN: Cost of Living - Frequently Asked Questions
Is Austin, MN cheaper than Monterrey?
Yes – Austin, MN is pricier by about 53%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $2,412 per month in Monterrey and $3,692 in Austin, MN. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
What are total monthly expenses in Monterrey and in Austin, MN?
Monthly expenses with rent come to $1,608 in Monterrey and $2,462 in Austin, MN. That's a gap of about 53%.
Which city has cheaper kindergarten?
Kindergarten costs $691 per month in Monterrey and $1,361 in Austin, MN. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $3,000 a realistic budget for living in Monterrey or in Austin, MN?
A $3,000 monthly budget goes further in Monterrey, where all-in costs run around $1,608, than in Austin, MN at $2,462. In Monterrey it covers expenses comfortably, while in Austin, MN it requires careful planning or may not stretch far enough.
Is Monterrey or Austin, MN more family-friendly?
Families tend to lean toward Monterrey – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Monterrey or Austin, MN?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Monterrey. If higher salaries, better infrastructure, or specific career opportunities are the priority, Austin, MN makes more sense. Both are solid long-term options with distinct trade-offs.

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