Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Fairbanks, AK

For one person, living is cheaper in Monterrey: $1,641 a month against $2,834 in Fairbanks, AK, rent and utilities included – about $14,300 less a year. Rent and utilities account for about half of the difference.

78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index
137

Cost of Living Index in Fairbanks, AK
Learn more

Fairbanks, AK Living Index

Jump to prices

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Fairbanks, AK

🇺🇸 United States

$2,834

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Fairbanks, AK

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

A single person spends $1,641 per month in Monterrey vs $2,834 in Fairbanks, AK, rent included.

Monterrey $1,641
Fairbanks, AK $2,834

A couple spends around $2,573 per month in Monterrey vs $4,260 in Fairbanks, AK, rent included.

Monterrey $2,573
Fairbanks, AK $4,260

A family of three spends $3,504 per month in Monterrey vs $5,686 in Fairbanks, AK, rent included.

Monterrey $3,504
Fairbanks, AK $5,686

Monterrey is about 42% cheaper than Fairbanks, AK, and outside of rent the biggest gap is in eating out.

Both Monterrey and Fairbanks, AK sit above the global median – Monterrey by 21%, Fairbanks, AK by 110%.

Meal at Budget Restaurant

$13.37 MX$249

$25.18 $25.18

-46.90%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$892

$98.1 $98.1

-51.14%

Fast Food Meal (McDonalds, etc)

$10.79 MX$201

$14.98 $14.98

-27.97%

Cappuccino

$3.77 MX$70.0

$6.19 $6.19

-39.10%

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

$1.51 MX$28.09

$2.79 $2.79

-45.88%

Water (0.33 liter bottle)

$1.03 MX$19.14

$1.99 $1.99

-48.24%

Local Beer (0.5 liter draught)

$2.48 MX$46.14

$6.92 $6.92

-64.16%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.0

$9.96 $9.96

-56.22%

Milk (1 liter)

$1.89 MX$35.23

$1.12 $1.12

68.75%

White Bread (500g)

$2.85 MX$53.0

$5.48 $5.48

-47.99%

Rice (white) (1kg)

$1.86 MX$34.52

$4.89 $4.89

-61.96%

Eggs

$2.47 MX$45.86

$4.38 $4.38

-43.61%

Local Cheese (1kg)

$11.81 MX$220

$22.08 $22.08

-46.51%

Chicken Fillets (1kg)

$8.97 MX$167

$9.02 $9.02

-0.55%

Beef Round Steak (1kg)

$12.57 MX$234

$20.58 $20.58

-38.92%

Apples (1kg)

$3.20 MX$59.4

$7.65 $7.65

-58.17%

Banana (1kg)

$1.50 MX$27.96

$2.10 $2.10

-28.57%

Oranges (1kg)

$2.12 MX$39.52

$5.95 $5.95

-64.37%

Tomato (1kg)

$2.33 MX$43.39

$6.23 $6.23

-62.60%

Potato (1kg)

$2.22 MX$41.34

$3.75 $3.75

-40.80%

Onion (1kg)

$2.58 MX$48.07

$3.72 $3.72

-30.65%

Lettuce (1 head)

$1.45 MX$26.88

$2.80 $2.80

-48.21%

Water (1.5 liter bottle)

$1.22 MX$22.72

$1.97 $1.97

-38.07%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.2

$12.13 $12.13

-60.43%

Wine (Bottle)

$13.30 MX$247

$11.88 $11.88

11.95%

Local Beer (0.5 liter bottle)

$1.93 MX$35.93

$1.78 $1.78

8.43%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.1

One-way Ticket (Public Transport)

$0.80 MX$14.85

$1.49 $1.49

-46.31%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$575

$39.98 $39.98

-22.61%

Taxi Start (Normal Tariff)

$1.83 MX$34.08

$3.53 $3.53

-48.16%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.66

$2.12 $2.12

-50.00%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$201

$44.88 $44.88

-75.89%

Gasoline (1 liter)

$1.47 MX$27.39

$1.30 $1.30

13.08%

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

$24.1K MX$447.9K

$25.5K $25.5K

-5.49%

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

$23.5K MX$437.7K

$24.4K $24.4K

-3.59%

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

$115 MX$2,132

$209 $209

-45.18%

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

$26.37 MX$490

$61.1 $61.1

-56.83%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$478

$143 $143

-82.00%

Gym Membership (Monthly)

$30.53 MX$568

$58.6 $58.6

-47.87%

Tennis Court (1 Hour on Weekend)

$21.27 MX$396

Cinema Ticket

$4.96 MX$92.2

$18.33 $18.33

-72.94%

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

$679 MX$12.6K

$1,837 $1,837

-63.06%

International Primary School, 1 Child (Yearly)

$14.2K MX$263.8K

$13.2K $13.2K

7.53%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,343

$59.2 $59.2

22.06%

Summer Dress (H&M, Zara, etc)

$41.94 MX$780

$40.15 $40.15

4.46%

Sport Shoes (Adidas, Nike)

$107 MX$1,999

$122 $122

-11.64%

Men's Leather Business Shoes

$119 MX$2,207

$118 $118

0.83%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$18.9K

$1,356 $1,356

-24.97%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.4K

$1,251 $1,251

-42.32%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.6K

$2,666 $2,666

-26.25%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.3K

$2,177 $2,177

-34.96%

Buy Apartment in City Center (m2)

$4,203 MX$78.2K

$2,023 $2,023

107.78%

Buy Apartment Outside City Center (m2)

$2,782 MX$51.7K

$1,895 $1,895

46.82%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.4K

$4,096 $4,096

-73.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

6.71

75.71%

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

Last update for Monterrey: November 2, 2026

Last update for Fairbanks, AK: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Fairbanks, AK

$1.3K 44.1% 73.4% $529

Groceries & Markets

Monterrey

$302 18.4%

Fairbanks, AK

$468 * 16.5% 55% $166

Eating Out

Monterrey

$216 13.2%

Fairbanks, AK

$394 13.9% 82.7% $178

Monthly Utilities & Internet

Monterrey

$167 10.2%

Fairbanks, AK

$413 14.6% 148% $246

Clothing & Footwear

Monterrey

$153 9.3%

Fairbanks, AK

$152 5.4% 0.5% $0.7

Getting Around

Monterrey

$41 2.5%

Fairbanks, AK

$60 2.1% 45.6% $19

Sport & Entertainment

Monterrey

$40 2.5%

Fairbanks, AK

$95 3.4% 136% $55

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

Cost Breakdown

A central one-bedroom costs $1,018 in Monterrey versus $1,356 in Fairbanks, AK. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Fairbanks, AK are about 3.7 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48 in Monterrey versus $98 in Fairbanks, AK. Monthly groceries follow the same trend: $302 vs $468 – making Monterrey the more affordable choice for daily food spending.

Good to know

🇲🇽 Monterrey

🇺🇸 Fairbanks, AK

🕒 Local time

18:54 6:54 PM

15:54 3:54 PM

3 h behind Monterrey

🌤 Weather

👥 Population

1,142,994

32,515

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.38 USD

100 MXN = 4.81 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 7, 2026: 1 USD = 18.6 MXN (100 MXN = 5.38 USD). 1 EUR = 20.78 MXN (100 MXN = 4.81 EUR).

United States Dollar exchange rates as of November 7, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Monterrey Fairbanks, AK 5,490 km ≈ 7 h nonstop flight

From you

Monterrey
Fairbanks, AK

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 Fairbanks, AK: Cost of Living - Frequently Asked Questions

Yes – Fairbanks, AK is pricier by about 73%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,461 per month in Monterrey and $4,251 in Fairbanks, AK. 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 $1,356 in Fairbanks, AK.

Groceries cost about 55% more in Fairbanks, AK, though the gap depends on what you buy.

A mid-range dinner for two costs $48 in Monterrey and $98 in Fairbanks, AK. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

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.

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