Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Concord, NC

For one person, living is cheaper in Monterrey: $1,641 a month against $1,955 in Concord, NC, rent and utilities included – about $3,800 less a year. Rent and utilities account for most 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

Concord, NC

🇺🇸 United States

$1,955

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Concord, NC

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

A single person spends $1,641 per month in Monterrey vs $1,955 in Concord, NC, rent included.

Monterrey $1,641
Concord, NC $1,955

A couple spends around $2,573 per month in Monterrey vs $3,192 in Concord, NC, rent included.

Monterrey $2,573
Concord, NC $3,192

A family of three spends $3,504 per month in Monterrey vs $4,428 in Concord, NC, rent included.

Monterrey $3,504
Concord, NC $4,428

Monterrey is about 16% cheaper than Concord, NC, and outside of rent the biggest gap is in utilities.

Both Monterrey and Concord, NC sit above the global median – Monterrey by 21%, Concord, NC by 45%.

Meal at Budget Restaurant

$13.37 MX$250

$15.87 $15.87

-15.75%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$90.9 $90.9

-47.23%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$12.02 $12.02

-10.23%

Cappuccino

$3.77 MX$70.4

$7.04 $7.04

-46.45%

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

$1.51 MX$28.26

$2.96 $2.96

-48.99%

Water (0.33 liter bottle)

$1.03 MX$19.25

$2.29 $2.29

-55.02%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$8.17 $8.17

-69.65%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$9.25 $9.25

-52.86%

Milk (1 liter)

$1.89 MX$35.43

$0.77 $0.77

145.45%

White Bread (500g)

$2.85 MX$53.3

$3.40 $3.40

-16.18%

Rice (white) (1kg)

$1.86 MX$34.71

$4.43 $4.43

-58.01%

Eggs

$2.47 MX$46.12

$3.80 $3.80

-35.00%

Local Cheese (1kg)

$11.81 MX$221

$6.79 $6.79

73.93%

Chicken Fillets (1kg)

$8.97 MX$168

$5.89 $5.89

52.29%

Beef Round Steak (1kg)

$12.57 MX$235

$17.62 $17.62

-28.66%

Apples (1kg)

$3.20 MX$59.8

$6.72 $6.72

-52.38%

Banana (1kg)

$1.50 MX$28.12

$1.28 $1.28

17.19%

Oranges (1kg)

$2.12 MX$39.74

$6.48 $6.48

-67.28%

Tomato (1kg)

$2.33 MX$43.64

$2.14 $2.14

8.88%

Potato (1kg)

$2.22 MX$41.58

Onion (1kg)

$2.58 MX$48.34

Lettuce (1 head)

$1.45 MX$27.04

Water (1.5 liter bottle)

$1.22 MX$22.85

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

Wine (Bottle)

$13.30 MX$249

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

One-way Ticket (Public Transport)

$0.80 MX$14.94

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

Taxi Start (Normal Tariff)

$1.83 MX$34.28

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

Gasoline (1 liter)

$1.47 MX$27.54

$1.04 $1.04

41.35%

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

$24.1K MX$450.4K

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

$23.5K MX$440.2K

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

$115 MX$2,144

$142 $142

-19.27%

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

$26.37 MX$493

$117 $117

-77.51%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$69.5 $69.5

-63.03%

Gym Membership (Monthly)

$30.53 MX$571

$50.6 $50.6

-39.68%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

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

$679 MX$12.7K

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

Sport Shoes (Adidas, Nike)

$107 MX$2,011

Men's Leather Business Shoes

$119 MX$2,219

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$1,279 $1,279

-20.44%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

$993 $993

-27.34%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$2,003 $2,003

-1.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

$2,150 $2,150

-34.16%

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

$2,317 $2,317

81.41%

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

$2,392 $2,392

16.28%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

$3,960 $3,960

-72.33%

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 Concord, NC: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Concord, NC

–

Groceries & Markets

Monterrey

$302 18.4%

Concord, NC

–

Eating Out

Monterrey

$216 13.2%

Concord, NC

–

Monthly Utilities & Internet

Monterrey

$167 10.2%

Concord, NC

–

Clothing & Footwear

Monterrey

$153 9.3%

Concord, NC

–

Getting Around

Monterrey

$41 2.5%

Concord, NC

–

Sport & Entertainment

Monterrey

$40 2.5%

Concord, NC

–

Cost Breakdown

A central one-bedroom costs $1,018 in Monterrey versus $1,279 in Concord, NC. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Concord, NC are about 3.6 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48 in Monterrey versus $91 in Concord, NC. Groceries tell a different story – $302 in Monterrey vs $255 in Concord, NC – so Concord, NC wins on supermarket bills even if dining out costs more.

Good to know

🇲🇽 Monterrey

🇺🇸 Concord, NC

🕒 Local time

14:11 2:11 PM

15:11 3:11 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

42,695

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.35 USD

100 MXN = 4.78 EUR

1 USD = 0.895 EUR

Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 6, 2026: 1 USD = 18.7 MXN (100 MXN = 5.35 USD). 1 EUR = 20.9 MXN (100 MXN = 4.78 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to MXN in detail →

On the map

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Between locations

Monterrey Concord, NC 2,170 km ≈ 3 h 15 min nonstop flight

From you

Monterrey
Concord, NC

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 Concord, NC: Cost of Living - Frequently Asked Questions

Yes – Concord, NC is pricier by about 19%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $2,461 per month in Monterrey and $2,933 in Concord, NC. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Monterrey, especially for central apartments: a one-bedroom in the center costs $1,018 there versus $1,279 in Concord, NC.

Interestingly, groceries are about 16% cheaper in Concord, NC – one category where the pricier city actually offers better value.

A mid-range dinner for two costs $48 in Monterrey and $91 in Concord, NC. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 covers both cities comfortably – all-in costs are $1,641 in Monterrey and $1,955 in Concord, NC, leaving budget for savings and extras in both cases.

It depends on your priorities. Monterrey has an edge in some lifestyle areas, with costs from $1,641 in Monterrey to $1,955 in Concord, NC. Climate, culture, job market, and personal taste all factor in.

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