Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Chimbote

For one person, living is cheaper in Chimbote: $20.08 a month against $1,641 in Monterrey, rent and utilities included – about $19,500 less a year. Rent and utilities account for about half of the difference.

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Cost of Living Index in Monterrey
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Monterrey Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Chimbote

🇵🇪 Peru

$20.08

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Chimbote

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 Chimbote actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,641 in Monterrey versus $20 in Chimbote.

Monterrey $1,641
Chimbote $20

Estimated couple costs with rent: $2,573 in Monterrey versus $31 in Chimbote.

Monterrey $2,573
Chimbote $31

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $42 in Chimbote.

Monterrey $3,504
Chimbote $42

Living in Monterrey is roughly 8072% more expensive than in Chimbote, and outside of rent the biggest gap is in transport.

The two cities straddle the global median: Monterrey is 21% above, Chimbote is 99% below.

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)

$1.89 MX$35.58

White Bread (500g)

$2.85 MX$53.5

Rice (white) (1kg)

$1.86 MX$34.86

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

$0.95 PEN 3.27

-15.79%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$581

Taxi Start (Normal Tariff)

$1.83 MX$34.42

$1.49 PEN 5.12

22.82%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.86

$2.96 PEN 10.18

-64.19%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$203

$2.97 PEN 10.23

264.31%

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)

$722 MX$13.6K

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 Monterrey: November 2, 2026

Last update for Chimbote: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Chimbote

–

Groceries & Markets

Monterrey

$302 18.4%

Chimbote

–

Eating Out

Monterrey

$216 13.2%

Chimbote

–

Monthly Utilities & Internet

Monterrey

$167 10.2%

Chimbote

–

Clothing & Footwear

Monterrey

$153 9.3%

Chimbote

–

Getting Around

Monterrey

$41 2.5%

Chimbote

–

Sport & Entertainment

Monterrey

$40 2.5%

Chimbote

–

Good to know

🇲🇽 Monterrey

🇵🇪 Chimbote

🕒 Local time

14:43 2:43 PM

15:43 3:43 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

206,213

💱 Currency

Mexican Peso MXN $

Peruvian Sol PEN S/

📈 Exchange rate

100 MXN = 5.32 USD

100 MXN = 4.76 EUR

1 PEN = 0.291 USD

1 PEN = 0.26 EUR

Exchange rates and currency converter

PEN, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 6, 2026: 1 USD = 18.78 MXN (100 MXN = 5.32 USD). 1 EUR = 20.99 MXN (100 MXN = 4.76 EUR).

Peruvian Sol exchange rates as of November 6, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.85 PEN (1 PEN = 0.26 EUR).

USD to MXN in detail →

On the map

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Between locations

Monterrey Chimbote 4,520 km ≈ 6 h nonstop flight

From you

Monterrey
Chimbote

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 Chimbote: Cost of Living - Frequently Asked Questions

Chimbote is about 99% cheaper overall, especially in transport. That difference adds up to real monthly savings that compound significantly over time.

You’d need roughly $2,461 in Monterrey and $30 in Chimbote to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

At $20 in Chimbote versus $1,641 in Monterrey, a $1,000 budget is realistic in Chimbote but tight or insufficient in Monterrey. The gap between the two cities makes Chimbote the clear choice for anyone on this budget.