Last update: Oct 2026

Cost of Living Comparison Between Monterrey and Lake Norden, SD

For one person, living is cheaper in Monterrey: $1,599 a month against $2,499 in Lake Norden, SD, rent and utilities included – about $10,800 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Monterrey
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Monterrey Living Index
119

Cost of Living Index in Lake Norden, SD
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Lake Norden, SD Living Index

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Monterrey

🇲🇽 Mexico

$1,599

/mo nomad

Lake Norden, SD

🇺🇸 United States

$2,499

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Lake Norden, SD

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 Lake Norden, SD actually costs, broken down by who's living it.

A single person spends $1,599 per month in Monterrey vs $2,499 in Lake Norden, SD, rent included.

Monterrey $1,599
Lake Norden, SD $2,499

A couple spends around $2,493 per month in Monterrey vs $3,607 in Lake Norden, SD, rent included.

Monterrey $2,493
Lake Norden, SD $3,607

A family of three spends $3,387 per month in Monterrey vs $4,715 in Lake Norden, SD, rent included.

Monterrey $3,387
Lake Norden, SD $4,715

Monterrey is about 36% cheaper than Lake Norden, SD, and outside of rent the biggest gap is in utilities.

Both Monterrey and Lake Norden, SD sit above the global median – Monterrey by 18%, Lake Norden, SD by 84%.

Meal at Budget Restaurant

$13.80 MX$255

$11.95 $11.95

15.48%

Three-Course Dinner for Two, Mid-Range

$47.99 MX$887

$76.3 $76.3

-37.09%

Fast Food Meal (McDonalds, etc)

$10.65 MX$197

$10.04 $10.04

6.08%

Cappuccino

$3.99 MX$73.7

$4.36 $4.36

-8.49%

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

$1.66 MX$30.76

$2.03 $2.03

-18.23%

Water (0.33 liter bottle)

$0.99 MX$18.21

$1.86 $1.86

-46.77%

Local Beer (0.5 liter draught)

$2.36 MX$43.64

$3.91 $3.91

-39.64%

Imported Beer (0.33 liter bottle)

$4.43 MX$81.8

$6.47 $6.47

-31.53%

Milk (1 liter)

$1.82 MX$33.58

$0.82 $0.82

121.95%

White Bread (500g)

$2.83 MX$52.4

$2.98 $2.98

-5.03%

Rice (white) (1kg)

$1.92 MX$35.44

$4.75 $4.75

-59.58%

Eggs

$2.48 MX$45.78

$2.97 $2.97

-16.50%

Local Cheese (1kg)

$11.74 MX$217

$12.63 $12.63

-7.05%

Chicken Fillets (1kg)

$9.10 MX$168

$9.53 $9.53

-4.51%

Beef Round Steak (1kg)

$12.53 MX$232

$15.91 $15.91

-21.24%

Apples (1kg)

$3.34 MX$61.6

$4.40 $4.40

-24.09%

Banana (1kg)

$1.57 MX$29.10

$1.63 $1.63

-3.68%

Oranges (1kg)

$2.16 MX$39.86

$3.61 $3.61

-40.17%

Tomato (1kg)

$2.47 MX$45.65

$3.49 $3.49

-29.23%

Potato (1kg)

$2.31 MX$42.64

$2.20 $2.20

5.00%

Onion (1kg)

$2.68 MX$49.47

$3.32 $3.32

-19.28%

Lettuce (1 head)

$1.46 MX$26.90

$1.99 $1.99

-26.63%

Water (1.5 liter bottle)

$1.19 MX$22.07

$1.76 $1.76

-32.39%

Cigarettes 20 Pack (Marlboro, Camel)

$4.75 MX$87.8

$9.78 $9.78

-51.43%

Wine (Bottle)

$13.58 MX$251

$11.18 $11.18

21.47%

Local Beer (0.5 liter bottle)

$1.92 MX$35.52

$2.23 $2.23

-13.90%

Imported Beer (0.33 liter bottle)

$2.88 MX$53.2

$2.55 $2.55

12.94%

One-way Ticket (Public Transport)

$0.79 MX$14.66

$2.02 $2.02

-60.89%

Public Transport Monthly Pass (Regular Price)

$31.36 MX$579

Taxi Start (Normal Tariff)

$1.59 MX$29.44

$3.90 $3.90

-59.23%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.58

$1.70 $1.70

-37.65%

Taxi 1hour Waiting (Normal Tariff)

$10.80 MX$200

$35.58 $35.58

-69.65%

Gasoline (1 liter)

$1.55 MX$28.59

$1.02 $1.02

51.96%

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

$24.2K MX$446.4K

$24.7K $24.7K

-2.07%

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

$24.3K MX$449.4K

$25.2K $25.2K

-3.45%

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

$117 MX$2,159

$247 $247

-52.62%

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

$26.38 MX$488

$46.75 $46.75

-43.57%

Internet (50+ Mbps, Unlimited Data)

$26.04 MX$481

$55.3 $55.3

-52.92%

Gym Membership (Monthly)

$30.26 MX$559

$46.18 $46.18

-34.47%

Tennis Court (1 Hour on Weekend)

$21.25 MX$393

Cinema Ticket

$5.23 MX$96.6

$12.67 $12.67

-58.72%

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

$673 MX$12.4K

$1,016 $1,016

-33.81%

International Primary School, 1 Child (Yearly)

$11.1K MX$205.2K

$7,864 $7,864

41.19%

Jeans (Levis 501 Or Similar)

$72.1 MX$1,332

$32.48 $32.48

121.92%

Summer Dress (H&M, Zara, etc)

$42.38 MX$783

$30.02 $30.02

41.17%

Sport Shoes (Adidas, Nike)

$112 MX$2,066

$120 $120

-6.85%

Men's Leather Business Shoes

$119 MX$2,200

$137 $137

-13.31%

1-bedroom Apartment, City Center (Monthly)

$949 MX$17.5K

$1,369 $1,369

-30.65%

1-bedroom Apartment, Outside City Center (Monthly)

$666 MX$12.3K

$1,342 $1,342

-50.34%

3-bedroom Apartment, City Center (Monthly)

$1,821 MX$33.7K

$2,616 $2,616

-30.38%

3-bedroom Apartment, Outside City Center (Monthly)

$1,271 MX$23.5K

$2,185 $2,185

-41.83%

Buy Apartment in City Center (m2)

$4,050 MX$74.8K

$3,042 $3,042

33.15%

Buy Apartment Outside City Center (m2)

$2,348 MX$43.4K

$2,496 $2,496

-5.95%

Average Monthly Net Salary (After Tax)

$1,155 MX$21.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

6.87

71.62%

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

Last update for Monterrey: October 18, 2026

Last update for Lake Norden, SD: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$666 41.7%

Lake Norden, SD

$1.3K 53.7% 101% $675

Groceries & Markets

Monterrey

$304 19%

Lake Norden, SD

$347 13.9% 13.9% $42

Eating Out

Monterrey

$221 13.9%

Lake Norden, SD

$226 9.1% 2.1% $4.6

Monthly Utilities & Internet

Monterrey

$169 10.6%

Lake Norden, SD

$349 14% 106% $179

Clothing & Footwear

Monterrey

$155 9.7%

Lake Norden, SD

$144 5.8% 7.4% $11

Getting Around

Monterrey

$41 2.6%

Lake Norden, SD

$20 * 0.8% 50.5% $21

Sport & Entertainment

Monterrey

$41 2.6%

Lake Norden, SD

$72 2.9% 75.7% $31

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

Cost Breakdown

A central one-bedroom costs $949 in Monterrey versus $1,369 in Lake Norden, SD. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $48.00 in Monterrey versus $76.0 in Lake Norden, SD. Monthly groceries follow the same trend: $304 vs $347 – making Monterrey the more affordable choice for daily food spending.

Good to know

🇲🇽 Monterrey

🇺🇸 Lake Norden, SD

🕒 Local time

13:36 1:36 PM

14:36 2:36 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

600

💱 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 20, 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 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to MXN in detail →

On the map

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Between locations

Monterrey Lake Norden, SD 2,120 km ≈ 3 h 15 min nonstop flight

From you

Monterrey
Lake Norden, SD

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 Lake Norden, SD: Cost of Living - Frequently Asked Questions

Yes – Lake Norden, SD is pricier by about 56%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $2,399 per month in Monterrey and $3,749 in Lake Norden, SD. 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 $1,599 in Monterrey and $2,499 in Lake Norden, SD. That's a gap of about 56%.

Kindergarten costs $673 per month in Monterrey and $1,016 in Lake Norden, SD. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Monterrey, where all-in costs run around $1,599, than in Lake Norden, SD at $2,499. In Monterrey it covers expenses comfortably, while in Lake Norden, SD it requires careful planning or may not stretch far enough.

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.

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, Lake Norden, SD makes more sense. Both are solid long-term options with distinct trade-offs.