Last update: Oct 2026

Cost of Living Comparison Between Monterrey and Colima

For one person, living is cheaper in Colima: $941 a month against $1,647 in Monterrey, rent and utilities included – about $8,500 less a year. Rent and utilities account for most of the difference.

Monterrey, Mexico
Colima, Mexico
Monterrey
🇲🇽 Mexico
$1,647
/mo nomad
Colima
🇲🇽 Mexico
$941
/mo nomad
Monthly Cost of Living

How much you'll spend in Monterrey and in Colima

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

Monthly costs for one person with rent: $1,647 in Monterrey versus $941 in Colima.

  • Monterrey $1,647
  • Colima $941

Estimated couple costs with rent: $2,591 in Monterrey versus $1,533 in Colima.

  • Monterrey $2,591
  • Colima $1,533

Monthly costs for a family of three with rent: $3,536 in Monterrey versus $2,125 in Colima.

  • Monterrey $3,536
  • Colima $2,125

Living in Monterrey is roughly 75% more expensive than in Colima, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Monterrey is 21% above, Colima is 31% below.

Currency
🍽 Eating Out
Monterrey
Colima
Difference
Meal at Budget Restaurant
$13.45 MX$253
$7.36 MX$138
82.74%
Three-Course Dinner for Two, Mid-Range
$48.43 MX$909
$32.08 MX$602
50.97%
Fast Food Meal (McDonalds, etc)
$10.90 MX$205
$7.15 MX$134
52.45%
Cappuccino
$3.82 MX$71.7
$2.09 MX$39.23
82.78%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.67 MX$31.28
$0.97 MX$18.25
72.16%
Water (0.33 liter bottle)
$0.98 MX$18.45
$0.83 MX$15.52
18.07%
Local Beer (0.5 liter draught)
$2.35 MX$44.12
$2.20 MX$41.26
6.82%
Imported Beer (0.33 liter bottle)
$4.41 MX$82.8
$2.48 MX$46.62
77.82%
🛒 Groceries & Markets
Monterrey
Colima
Difference
Milk (1 liter)
$1.80 MX$33.82
$1.51 MX$28.33
19.21%
White Bread (500g)
$2.79 MX$52.4
$2.54 MX$47.64
9.84%
Rice (white) (1kg)
$1.82 MX$34.26
$1.14 MX$21.37
59.65%
Eggs
$2.51 MX$47.17
$2.77 MX$52.0
-9.39%
Local Cheese (1kg)
$12.09 MX$227
$8.19 MX$154
47.62%
Chicken Fillets (1kg)
$9.41 MX$177
$8.31 MX$156
13.24%
Beef Round Steak (1kg)
$12.71 MX$239
$9.69 MX$182
31.17%
Apples (1kg)
$3.21 MX$60.2
$2.80 MX$52.6
14.64%
Banana (1kg)
$1.50 MX$28.12
$1.35 MX$25.42
11.11%
Oranges (1kg)
$2.14 MX$40.26
$1.69 MX$31.65
26.63%
Tomato (1kg)
$2.32 MX$43.58
$2.12 MX$39.79
9.43%
Potato (1kg)
$2.20 MX$41.34
$2.29 MX$43.04
-3.93%
Onion (1kg)
$2.60 MX$48.78
$2.27 MX$42.59
14.54%
Lettuce (1 head)
$1.44 MX$27.04
$1.47 MX$27.52
-2.04%
Water (1.5 liter bottle)
$1.17 MX$22.03
$1.11 MX$20.89
5.41%
Cigarettes 20 Pack (Marlboro, Camel)
$4.79 MX$89.9
$3.73 MX$70.1
28.42%
Wine (Bottle)
$13.22 MX$248
$6.36 MX$119
107.86%
Local Beer (0.5 liter bottle)
$1.94 MX$36.47
$1.49 MX$27.96
30.20%
Imported Beer (0.33 liter bottle)
$2.89 MX$54.2
$1.73 MX$32.53
67.05%
🚌 Getting Around
Monterrey
Colima
Difference
One-way Ticket (Public Transport)
$0.87 MX$16.37
$0.68 MX$12.70
27.94%
Public Transport Monthly Pass (Regular Price)
$31.14 MX$585
$19.57 MX$367
59.12%
Taxi Start (Normal Tariff)
$1.66 MX$31.10
$2.49 MX$46.74
-33.33%
Taxi (Normal Tariff) (1km)
$1.09 MX$20.53
$2.77 MX$52.0
-60.65%
Taxi 1hour Waiting (Normal Tariff)
$10.67 MX$200
$9.16 MX$172
16.48%
Gasoline (1 liter)
$1.47 MX$27.66
$1.38 MX$25.95
6.52%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$24.2K MX$455.2K
$22.1K MX$415.8K
9.46%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.6K MX$442.2K
$22.0K MX$412.4K
7.23%
🧾 Monthly Utilities & Internet
Monterrey
Colima
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$118 MX$2,213
$65.5 MX$1,229
80.06%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.55 MX$480
$19.85 MX$373
28.72%
Internet (50+ Mbps, Unlimited Data)
$26.43 MX$496
$28.60 MX$537
-7.59%
🎉 Sport & Entertainment
Monterrey
Colima
Difference
Gym Membership (Monthly)
$30.77 MX$578
$34.63 MX$650
-11.15%
Tennis Court (1 Hour on Weekend)
$21.07 MX$396
$21.43 MX$402
-1.68%
Cinema Ticket
$5.09 MX$95.6
$4.68 MX$88.0
8.76%
🧸 Childcare & Education
Monterrey
Colima
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$694 MX$13.0K
$141 MX$2,652
391.36%
International Primary School, 1 Child (Yearly)
$11.3K MX$212.5K
$2,527 MX$47.4K
347.98%
👕👟 Clothing & Footwear
Monterrey
Colima
Difference
Jeans (Levis 501 Or Similar)
$72.5 MX$1,360
$44.57 MX$837
62.58%
Summer Dress (H&M, Zara, etc)
$41.51 MX$779
$24.99 MX$469
66.11%
Sport Shoes (Adidas, Nike)
$110 MX$2,060
$73.3 MX$1,376
49.66%
Men's Leather Business Shoes
$115 MX$2,158
$98.0 MX$1,840
17.25%
🏠 Accommodation & Living
Monterrey
Colima
Difference
1-bedroom Apartment, City Center (Monthly)
$1,056 MX$19.8K
$257 MX$4,825
310.91%
1-bedroom Apartment, Outside City Center (Monthly)
$721 MX$13.5K
$263 MX$4,931
174.61%
3-bedroom Apartment, City Center (Monthly)
$1,999 MX$37.5K
$369 MX$6,926
441.86%
3-bedroom Apartment, Outside City Center (Monthly)
$1,435 MX$26.9K
$574 MX$10.8K
149.90%
Buy Apartment in City Center (m2)
$4,219 MX$79.2K
-
-
Buy Apartment Outside City Center (m2)
$2,731 MX$51.3K
-
-
💵 Salaries & Financials
Monterrey
Colima
Difference
Average Monthly Net Salary (After Tax)
$1,149 MX$21.6K
$280 MX$5,261
309.97%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.79
11.3
4.34%

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

Last update for Monterrey: October 25, 2026

Last update for Colima: October 26, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Monterrey
$721
Colima
$263 63.6% $459
Groceries & Markets
Monterrey
$303
Colima
$245 19.3% $58
Eating Out
Monterrey
$217
Colima
$129 40.8% $89
Monthly Utilities & Internet
Monterrey
$170
Colima
$114 32.9% $56
Clothing & Footwear
Monterrey
$152
Colima
$108 28.9% $44
Getting Around
Monterrey
$42
Colima
$39 7.6% $3.2
Sport & Entertainment
Monterrey
$41
Colima
$44 7.4% $3

Cost Breakdown

A one-bedroom apartment in the center runs $1,056 in Monterrey and $257 in Colima. Housing cost is often the main lever when comparing two cities.

Monterrey pays about 4.1 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Monterrey vs $32 in Colima for a mid-range dinner for two. Groceries echo the gap at $303 vs $245 per month, with Colima cheaper across the board.

Good to know
🇲🇽 Monterrey
🇲🇽 Colima
🕒 Local time
16:14 4:14 PM
16:14 4:14 PM
Same time as Monterrey
🌤 Weather
👥 Population
1,142,994
146,965
💱 Currency
Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

Mexican Peso exchange rates as of November 1, 2026: 1 USD = 18.77 MXN (100 MXN = 5.33 USD). 1 EUR = 20.96 MXN (100 MXN = 4.77 EUR).

On the map
Between locations
  • Monterrey Colima 800 km ≈ 1 h 30 min nonstop flight
From you
  • Monterrey
  • Colima

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 Colima: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Monterrey and in Colima?
Total monthly costs including rent come to $1,647 in Monterrey and $941 in Colima, so Colima is about 43% cheaper – a gap that matters a lot on a fixed or modest income.
Which city pays better: Monterrey or Colima?
Average pay in Monterrey is about 4.1 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Monterrey and in Colima?
Rent for a central apartment: $1,056 in Monterrey versus $257 in Colima. Housing is usually the single largest factor when comparing overall living costs between the two.
How do commuting costs compare in Monterrey and in Colima?
A monthly transit pass in Colima runs roughly 37% less than in Monterrey. The price difference matters if you commute daily and watch your budget.
What is the difference in childcare costs between Monterrey and Colima?
Childcare runs $694 in Monterrey versus $141 in Colima. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city is more doable on $1,200 per month?
At $941 in Colima versus $1,647 in Monterrey, a $1,200 budget is realistic in Colima but tight or insufficient in Monterrey. The gap between the two cities makes Colima the clear choice for anyone on this budget.
How does quality of life compare between Monterrey and Colima?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
Where should expats move: Monterrey or Colima?
Expats usually find Colima gentler on the wallet – expenses run 43% less than in Monterrey. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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