Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Montmagny

For one person, living is cheaper in Monterrey: $1,641 a month against $2,233 in Montmagny, rent and utilities included – about $7,100 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
106

Cost of Living Index in Montmagny
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Montmagny Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Montmagny

🇨🇦 Canada

$2,233

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Montmagny

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

Monthly costs for one person with rent: $1,641 in Monterrey versus $2,233 in Montmagny.

Monterrey $1,641
Montmagny $2,233

Estimated couple costs with rent: $2,573 in Monterrey versus $3,252 in Montmagny.

Monterrey $2,573
Montmagny $3,252

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $4,271 in Montmagny.

Monterrey $3,504
Montmagny $4,271

Living in Monterrey costs roughly 27% less than in Montmagny, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Monterrey 21% above, Montmagny 65% above.

Meal at Budget Restaurant

$13.37 MX$250

$19.23 CA$27.04

-30.47%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$72.7 CA$102

-34.05%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$10.61 CA$14.93

1.70%

Cappuccino

$3.77 MX$70.4

$3.90 CA$5.49

-3.33%

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

$1.51 MX$28.26

$1.96 CA$2.75

-22.96%

Water (0.33 liter bottle)

$1.03 MX$19.25

$1.52 CA$2.13

-32.24%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$6.28 CA$8.83

-60.51%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$7.31 CA$10.28

-40.36%

Milk (1 liter)

$1.89 MX$35.43

$2.32 CA$3.26

-18.53%

White Bread (500g)

$2.85 MX$53.3

$3.07 CA$4.32

-7.17%

Rice (white) (1kg)

$1.86 MX$34.71

$3.18 CA$4.48

-41.51%

Eggs

$2.47 MX$46.12

$3.62 CA$5.09

-31.77%

Local Cheese (1kg)

$11.81 MX$221

$13.23 CA$18.61

-10.73%

Chicken Fillets (1kg)

$8.97 MX$168

$11.44 CA$16.08

-21.59%

Beef Round Steak (1kg)

$12.57 MX$235

$14.06 CA$19.77

-10.60%

Apples (1kg)

$3.20 MX$59.8

$3.28 CA$4.61

-2.44%

Banana (1kg)

$1.50 MX$28.12

$1.46 CA$2.05

2.74%

Oranges (1kg)

$2.12 MX$39.74

$3.51 CA$4.94

-39.60%

Tomato (1kg)

$2.33 MX$43.64

$3.19 CA$4.49

-26.96%

Potato (1kg)

$2.22 MX$41.58

$1.96 CA$2.75

13.27%

Onion (1kg)

$2.58 MX$48.34

$1.81 CA$2.55

42.54%

Lettuce (1 head)

$1.45 MX$27.04

$2.48 CA$3.49

-41.53%

Water (1.5 liter bottle)

$1.22 MX$22.85

$1.51 CA$2.12

-19.21%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

$11.27 CA$15.86

-57.41%

Wine (Bottle)

$13.30 MX$249

$10.78 CA$15.16

23.38%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

$2.34 CA$3.29

-17.52%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

$2.88 CA$4.05

-0.69%

One-way Ticket (Public Transport)

$0.80 MX$14.94

$2.26 CA$3.17

-64.60%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

$62.0 CA$87.2

-50.07%

Taxi Start (Normal Tariff)

$1.83 MX$34.28

$3.24 CA$4.56

-43.52%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

$1.45 CA$2.04

-26.90%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

$32.51 CA$45.72

-66.72%

Gasoline (1 liter)

$1.47 MX$27.54

$1.32 CA$1.86

11.36%

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

$24.1K MX$450.4K

$28.3K CA$39.8K

-14.97%

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

$23.5K MX$440.2K

$21.3K CA$30.0K

10.30%

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

$115 MX$2,144

$78.8 CA$111

45.44%

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

$26.37 MX$493

$35.18 CA$49.48

-25.04%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$43.37 CA$61.0

-40.74%

Gym Membership (Monthly)

$30.53 MX$571

$37.06 CA$52.1

-17.62%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

$18.44 CA$25.93

15.35%

Cinema Ticket

$4.96 MX$92.8

$11.30 CA$15.89

-56.11%

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

$679 MX$12.7K

$516 CA$726

31.43%

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

$16.6K CA$23.4K

-14.62%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

$58.3 CA$82.0

23.91%

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

$38.90 CA$54.7

7.81%

Sport Shoes (Adidas, Nike)

$107 MX$2,011

$92.3 CA$130

16.42%

Men's Leather Business Shoes

$119 MX$2,219

$109 CA$154

8.53%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$1,276 CA$1,794

-20.25%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

$1,156 CA$1,625

-37.57%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$2,013 CA$2,830

-2.30%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

$1,710 CA$2,405

-17.21%

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

$4,338 CA$6,101

-3.12%

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

$3,553 CA$4,996

-21.70%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

4.48

163.17%

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

Last update for Monterrey: November 2, 2026

Last update for Montmagny: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Montmagny

$1.2K 51.8% 60.2% $434

Groceries & Markets

Monterrey

$302 18.4%

Montmagny

$352 15.8% 16.5% $50

Eating Out

Monterrey

$216 13.2%

Montmagny

$292 13.1% 35.5% $77

Monthly Utilities & Internet

Monterrey

$167 10.2%

Montmagny

$157 7.1% 5.6% $9.3

Clothing & Footwear

Monterrey

$153 9.3%

Montmagny

$134 6% 12.2% $19

Getting Around

Monterrey

$41 2.5%

Montmagny

$81 3.7% 97.6% $40

Sport & Entertainment

Monterrey

$40 2.5%

Montmagny

$60 2.7% 47.5% $19

Cost Breakdown

A one-bedroom apartment in the center runs $1,018 in Monterrey and $1,276 in Montmagny. Housing cost is often the main lever when comparing two cities.

Dining out: $48 in Monterrey vs $73 in Montmagny for a mid-range dinner for two. Groceries echo the gap at $302 vs $352 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇨🇦 Montmagny

🕒 Local time

16:40 4:40 PM

17:40 5:40 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

10,999

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.35 USD

100 MXN = 4.78 EUR

1 CAD = 0.711 USD

1 CAD = 0.636 EUR

Exchange rates and currency converter

CAD, 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).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.57 CAD (1 CAD = 0.636 EUR).

USD to MXN in detail →

On the map

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Between locations

Monterrey Montmagny 3,530 km ≈ 5 h nonstop flight

From you

Monterrey
Montmagny

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 Montmagny: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $2,233 in Montmagny, so Monterrey is about 27% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $2,461 in Monterrey and $3,350 in Montmagny to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,018 in Monterrey versus $1,276 in Montmagny. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Monterrey – a meal for two runs $48 versus $73 in Montmagny. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $1,641 per month in Monterrey versus $2,233 in Montmagny – Monterrey is about 27% cheaper, which adds up to real savings over time.

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 27% less than in Montmagny. Beyond cost, consider language, visa policies, and how big the international community is in each city.