Last update: Oct 2026

Cost of Living Comparison Between Monterrey and Franklin, TN

For one person, living is cheaper in Monterrey: $1,608 a month against $3,159 in Franklin, TN, rent and utilities included – about $18,600 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index
160

Cost of Living Index in Franklin, TN
Learn more

Franklin, TN Living Index

Jump to prices

Monterrey

🇲🇽 Mexico

$1,608

/mo nomad

Franklin, TN

🇺🇸 United States

$3,159

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Franklin, TN

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

A single person spends $1,608 per month in Monterrey vs $3,159 in Franklin, TN, rent included.

Monterrey $1,608
Franklin, TN $3,159

A couple spends around $2,521 per month in Monterrey vs $4,404 in Franklin, TN, rent included.

Monterrey $2,521
Franklin, TN $4,404

A family of three spends $3,433 per month in Monterrey vs $5,649 in Franklin, TN, rent included.

Monterrey $3,433
Franklin, TN $5,649

Monterrey is about 49% cheaper than Franklin, TN, and outside of rent the biggest gap is in eating out.

Both Monterrey and Franklin, TN sit above the global median – Monterrey by 19%, Franklin, TN by 134%.

Meal at Budget Restaurant

$13.85 MX$256

$23.93 $23.93

-42.12%

Three-Course Dinner for Two, Mid-Range

$49.70 MX$918

$87.0 $87.0

-42.90%

Fast Food Meal (McDonalds, etc)

$11.05 MX$204

$11.89 $11.89

-7.06%

Cappuccino

$4.09 MX$75.6

$7.10 $7.10

-42.39%

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

$1.68 MX$30.97

$3.34 $3.34

-49.70%

Water (0.33 liter bottle)

$1.03 MX$18.98

$2.29 $2.29

-55.02%

Local Beer (0.5 liter draught)

$2.40 MX$44.28

$7.47 $7.47

-67.87%

Imported Beer (0.33 liter bottle)

$4.35 MX$80.3

$8.05 $8.05

-45.96%

Milk (1 liter)

$1.92 MX$35.55

$1.34 $1.34

43.28%

White Bread (500g)

$2.94 MX$54.2

$3.85 $3.85

-23.64%

Rice (white) (1kg)

$1.88 MX$34.66

Eggs

$2.55 MX$47.06

$5.58 $5.58

-54.30%

Local Cheese (1kg)

$11.84 MX$219

$15.59 $15.59

-24.05%

Chicken Fillets (1kg)

$9.36 MX$173

$17.82 $17.82

-47.47%

Beef Round Steak (1kg)

$13.10 MX$242

Apples (1kg)

$3.38 MX$62.5

$3.76 $3.76

-10.11%

Banana (1kg)

$1.52 MX$28.13

$2.00 $2.00

-24.00%

Oranges (1kg)

$2.19 MX$40.51

Tomato (1kg)

$2.36 MX$43.63

Potato (1kg)

$2.26 MX$41.76

$2.01 $2.01

12.44%

Onion (1kg)

$2.73 MX$50.5

$2.19 $2.19

24.66%

Lettuce (1 head)

$1.52 MX$28.17

$2.44 $2.44

-37.70%

Water (1.5 liter bottle)

$1.24 MX$22.90

Cigarettes 20 Pack (Marlboro, Camel)

$4.75 MX$87.8

Wine (Bottle)

$13.66 MX$252

$12.95 $12.95

5.48%

Local Beer (0.5 liter bottle)

$1.89 MX$34.95

Imported Beer (0.33 liter bottle)

$2.99 MX$55.2

One-way Ticket (Public Transport)

$0.85 MX$15.78

$1.01 $1.01

-15.84%

Public Transport Monthly Pass (Regular Price)

$30.95 MX$572

Taxi Start (Normal Tariff)

$1.68 MX$30.98

Taxi (Normal Tariff) (1km)

$1.13 MX$20.87

Taxi 1hour Waiting (Normal Tariff)

$11.15 MX$206

Gasoline (1 liter)

$1.56 MX$28.91

$0.85 $0.85

83.53%

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

$21.4K MX$395.8K

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

$25.1K MX$463.2K

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

$119 MX$2,206

$214 $214

-44.33%

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

$26.21 MX$484

$115 $115

-77.23%

Internet (50+ Mbps, Unlimited Data)

$26.78 MX$495

$91.0 $91.0

-70.56%

Gym Membership (Monthly)

$31.03 MX$573

$44.10 $44.10

-29.64%

Tennis Court (1 Hour on Weekend)

$21.43 MX$396

Cinema Ticket

$5.29 MX$97.7

$15.91 $15.91

-66.75%

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

$691 MX$12.8K

$395 $395

74.88%

International Primary School, 1 Child (Yearly)

$11.5K MX$212.1K

Jeans (Levis 501 Or Similar)

$72.3 MX$1,335

$101 $101

-28.53%

Summer Dress (H&M, Zara, etc)

$42.72 MX$789

$64.8 $64.8

-34.03%

Sport Shoes (Adidas, Nike)

$110 MX$2,024

$75.2 $75.2

45.67%

Men's Leather Business Shoes

$117 MX$2,158

$110 $110

6.59%

1-bedroom Apartment, City Center (Monthly)

$970 MX$17.9K

$2,060 $2,060

-52.93%

1-bedroom Apartment, Outside City Center (Monthly)

$664 MX$12.3K

$1,826 $1,826

-63.65%

3-bedroom Apartment, City Center (Monthly)

$1,857 MX$34.3K

$3,544 $3,544

-47.60%

3-bedroom Apartment, Outside City Center (Monthly)

$1,287 MX$23.8K

$2,705 $2,705

-52.40%

Buy Apartment in City Center (m2)

$4,162 MX$76.9K

$2,825 $2,825

47.30%

Buy Apartment Outside City Center (m2)

$2,349 MX$43.4K

$2,801 $2,801

-16.12%

Average Monthly Net Salary (After Tax)

$1,146 MX$21.2K

$5,994 $5,994

-80.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

6.59

78.91%

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

Last update for Monterrey: October 10, 2026

Last update for Franklin, TN: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$664 41.3%

Franklin, TN

$1.8K 57.8% 175% $1.2K

Groceries & Markets

Monterrey

$310 19.3%

Franklin, TN

$287 * 9.1% 7.6% $23

Eating Out

Monterrey

$225 14%

Franklin, TN

$388 12.3% 72.9% $164

Monthly Utilities & Internet

Monterrey

$172 10.7%

Franklin, TN

$421 13.3% 144% $248

Clothing & Footwear

Monterrey

$154 9.6%

Franklin, TN

$158 5% 2.7% $4.2

Getting Around

Monterrey

$42 2.6%

Franklin, TN

$4.1 * 0.1% 90.3% $38

Sport & Entertainment

Monterrey

$42 2.6%

Franklin, TN

$76 2.4% 82.4% $34

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

Cost Breakdown

A central one-bedroom costs $970 in Monterrey versus $2,060 in Franklin, TN. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 423% higher in Franklin, TN, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $50.0 in Monterrey versus $87.0 in Franklin, TN. Groceries tell a different story – $310 in Monterrey vs $287 in Franklin, TN – so Franklin, TN wins on supermarket bills even if dining out costs more.

Good to know

🇲🇽 Monterrey

🇺🇸 Franklin, TN

🕒 Local time

19:00 7:00 PM

20:00 8:00 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

83,454

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Monterrey Franklin, TN 1,710 km ≈ 2 h 45 min nonstop flight

From you

Monterrey
Franklin, TN

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 Franklin, TN: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,608 in Monterrey, $3,159 in Franklin, TN – roughly 96% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,412 per month in Monterrey and $4,739 in Franklin, TN. 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,608 in Monterrey and $3,159 in Franklin, TN. That's a gap of about 96%.

Kindergarten costs $691 per month in Monterrey and $395 in Franklin, TN. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $3,000 monthly budget goes further in Monterrey, where all-in costs run around $1,608, than in Franklin, TN at $3,159. In Monterrey it covers expenses comfortably, while in Franklin, TN it requires careful planning or may not stretch far enough.

It depends on your priorities. Monterrey has an edge in some lifestyle areas, with costs from $1,608 in Monterrey to $3,159 in Franklin, TN. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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