Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Coral Gables, FL

For one person, living is cheaper in Monterrey: $1,641 a month against $2,522 in Coral Gables, FL, rent and utilities included – about $10,600 less a year. Rent and utilities account for most of the difference.

78

Cost of Living Index in Monterrey
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Monterrey Living Index
121

Cost of Living Index in Coral Gables, FL
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Coral Gables, FL Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Coral Gables, FL

🇺🇸 United States

$2,522

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Coral Gables, FL

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 Coral Gables, FL actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,641 in Monterrey versus $2,522 in Coral Gables, FL.

Monterrey $1,641
Coral Gables, FL $2,522

Estimated couple costs with rent: $2,573 in Monterrey versus $3,703 in Coral Gables, FL.

Monterrey $2,573
Coral Gables, FL $3,703

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $4,885 in Coral Gables, FL.

Monterrey $3,504
Coral Gables, FL $4,885

Living in Monterrey costs roughly 35% less than in Coral Gables, FL, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Monterrey 21% above, Coral Gables, FL 87% above.

Meal at Budget Restaurant

$13.37 MX$250

$17.54 $17.54

-23.77%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$76.1 $76.1

-36.95%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$9.93 $9.93

8.66%

Cappuccino

$3.77 MX$70.4

$5.21 $5.21

-27.64%

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

$1.51 MX$28.26

$2.94 $2.94

-48.64%

Water (0.33 liter bottle)

$1.03 MX$19.25

$1.99 $1.99

-48.24%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$5.30 $5.30

-53.21%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$7.35 $7.35

-40.68%

Milk (1 liter)

$1.89 MX$35.43

$0.87 $0.87

117.24%

White Bread (500g)

$2.85 MX$53.3

$4.34 $4.34

-34.33%

Rice (white) (1kg)

$1.86 MX$34.71

$3.12 $3.12

-40.38%

Eggs

$2.47 MX$46.12

$3.98 $3.98

-37.94%

Local Cheese (1kg)

$11.81 MX$221

$13.18 $13.18

-10.39%

Chicken Fillets (1kg)

$8.97 MX$168

$11.42 $11.42

-21.45%

Beef Round Steak (1kg)

$12.57 MX$235

$14.96 $14.96

-15.98%

Apples (1kg)

$3.20 MX$59.8

$4.61 $4.61

-30.59%

Banana (1kg)

$1.50 MX$28.12

$1.52 $1.52

-1.32%

Oranges (1kg)

$2.12 MX$39.74

$4.48 $4.48

-52.68%

Tomato (1kg)

$2.33 MX$43.64

$5.47 $5.47

-57.40%

Potato (1kg)

$2.22 MX$41.58

$2.94 $2.94

-24.49%

Onion (1kg)

$2.58 MX$48.34

$3.08 $3.08

-16.23%

Lettuce (1 head)

$1.45 MX$27.04

$2.28 $2.28

-36.40%

Water (1.5 liter bottle)

$1.22 MX$22.85

$1.24 $1.24

-1.61%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

$9.16 $9.16

-47.60%

Wine (Bottle)

$13.30 MX$249

$15.51 $15.51

-14.25%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

$2.17 $2.17

-11.06%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

$3.35 $3.35

-14.63%

One-way Ticket (Public Transport)

$0.80 MX$14.94

$2.03 $2.03

-60.59%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

$60.9 $60.9

-49.15%

Taxi Start (Normal Tariff)

$1.83 MX$34.28

$2.87 $2.87

-36.24%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

$1.82 $1.82

-41.76%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

$24.03 $24.03

-54.97%

Gasoline (1 liter)

$1.47 MX$27.54

$0.99 $0.99

48.48%

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

$24.1K MX$450.4K

$17.9K $17.9K

34.25%

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

$23.5K MX$440.2K

$21.6K $21.6K

9.18%

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

$115 MX$2,144

$172 $172

-33.28%

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

$26.37 MX$493

$39.56 $39.56

-33.34%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$61.0 $61.0

-57.83%

Gym Membership (Monthly)

$30.53 MX$571

$39.94 $39.94

-23.56%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

$12.59 $12.59

-60.60%

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

$679 MX$12.7K

$915 $915

-25.81%

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

$17.7K $17.7K

-19.79%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

$75.7 $75.7

-4.66%

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

$57.1 $57.1

-26.50%

Sport Shoes (Adidas, Nike)

$107 MX$2,011

$115 $115

-6.41%

Men's Leather Business Shoes

$119 MX$2,219

$101 $101

17.03%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$3,084 $3,084

-67.01%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

$1,266 $1,266

-43.00%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$2,559 $2,559

-23.15%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

$2,067 $2,067

-31.51%

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

$2,835 $2,835

48.26%

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

$2,370 $2,370

17.37%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

$5,839 $5,839

-81.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

6.76

74.41%

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

Last update for Monterrey: November 2, 2026

Last update for Coral Gables, FL: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Coral Gables, FL

$1.3K 50.2% 75.4% $544

Groceries & Markets

Monterrey

$302 18.4%

Coral Gables, FL

$387 15.4% 28.1% $85

Eating Out

Monterrey

$216 13.2%

Coral Gables, FL

$294 11.6% 36% $78

Monthly Utilities & Internet

Monterrey

$167 10.2%

Coral Gables, FL

$272 10.8% 63.4% $106

Clothing & Footwear

Monterrey

$153 9.3%

Coral Gables, FL

$157 6.2% 2.6% $3.9

Getting Around

Monterrey

$41 2.5%

Coral Gables, FL

$81 3.2% 96.2% $40

Sport & Entertainment

Monterrey

$40 2.5%

Coral Gables, FL

$65 2.6% 61% $25

Cost Breakdown

A one-bedroom apartment in the center runs $1,018 in Monterrey and $3,084 in Coral Gables, FL. Housing cost is often the main lever when comparing two cities.

Coral Gables, FL pays about 5.3 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Monterrey vs $76 in Coral Gables, FL for a mid-range dinner for two. Groceries echo the gap at $302 vs $387 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇺🇸 Coral Gables, FL

🕒 Local time

13:45 1:45 PM

14:45 2:45 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

42,794

💱 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 Coral Gables, FL 2,010 km ≈ 3 h nonstop flight

From you

Monterrey
Coral Gables, FL

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 Coral Gables, FL: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $2,522 in Coral Gables, FL, so Monterrey is about 35% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 81% lower in Monterrey. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,018 in Monterrey versus $3,084 in Coral Gables, FL. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,641 per month in Monterrey versus $2,522 in Coral Gables, FL – Monterrey is about 35% cheaper, which adds up to real savings over time.

A monthly transit pass in Monterrey runs roughly 49% less than in Coral Gables, FL. The price difference matters if you commute daily and watch your budget.

Either city works on $3,000 a month, though Monterrey gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.

Expats usually find Monterrey gentler on the wallet – expenses run 35% less than in Coral Gables, FL. Beyond cost, consider language, visa policies, and how big the international community is in each city.