Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Oakville

For one person, living is cheaper in Monterrey: $1,641 a month against $2,839 in Oakville, rent and utilities included – about $14,400 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
135

Cost of Living Index in Oakville
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Oakville Living Index

Jump to prices

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Oakville

🇨🇦 Canada

$2,839

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Oakville

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

Monthly costs for one person with rent: $1,641 in Monterrey versus $2,839 in Oakville.

Monterrey $1,641
Oakville $2,839

Estimated couple costs with rent: $2,573 in Monterrey versus $3,938 in Oakville.

Monterrey $2,573
Oakville $3,938

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $5,037 in Oakville.

Monterrey $3,504
Oakville $5,037

Living in Monterrey costs roughly 42% less than in Oakville, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Monterrey 21% above, Oakville 110% above.

Meal at Budget Restaurant

$13.37 MX$249

$14.19 CA$20.04

-5.78%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$892

$72.5 CA$102

-33.84%

Fast Food Meal (McDonalds, etc)

$10.79 MX$201

$9.35 CA$13.22

15.40%

Cappuccino

$3.77 MX$70.0

$3.83 CA$5.41

-1.57%

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

$1.51 MX$28.09

$2.18 CA$3.08

-30.73%

Water (0.33 liter bottle)

$1.03 MX$19.14

$1.76 CA$2.49

-41.48%

Local Beer (0.5 liter draught)

$2.48 MX$46.14

$5.85 CA$8.26

-57.61%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.0

$6.35 CA$8.98

-31.34%

Milk (1 liter)

$1.89 MX$35.23

$2.68 CA$3.78

-29.48%

White Bread (500g)

$2.85 MX$53.0

$3.30 CA$4.67

-13.64%

Rice (white) (1kg)

$1.86 MX$34.52

$3.51 CA$4.95

-47.01%

Eggs

$2.47 MX$45.86

$4.22 CA$5.96

-41.47%

Local Cheese (1kg)

$11.81 MX$220

$10.67 CA$15.07

10.68%

Chicken Fillets (1kg)

$8.97 MX$167

$11.93 CA$16.86

-24.81%

Beef Round Steak (1kg)

$12.57 MX$234

$19.68 CA$27.81

-36.13%

Apples (1kg)

$3.20 MX$59.4

$3.48 CA$4.91

-8.05%

Banana (1kg)

$1.50 MX$27.96

$1.86 CA$2.63

-19.35%

Oranges (1kg)

$2.12 MX$39.52

$3.19 CA$4.51

-33.54%

Tomato (1kg)

$2.33 MX$43.39

$3.01 CA$4.25

-22.59%

Potato (1kg)

$2.22 MX$41.34

$2.38 CA$3.36

-6.72%

Onion (1kg)

$2.58 MX$48.07

$2.75 CA$3.89

-6.18%

Lettuce (1 head)

$1.45 MX$26.88

$2.17 CA$3.07

-33.18%

Water (1.5 liter bottle)

$1.22 MX$22.72

$1.77 CA$2.50

-31.07%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.2

$14.23 CA$20.11

-66.27%

Wine (Bottle)

$13.30 MX$247

$13.69 CA$19.35

-2.85%

Local Beer (0.5 liter bottle)

$1.93 MX$35.93

$3.26 CA$4.61

-40.80%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.1

$2.53 CA$3.58

13.04%

One-way Ticket (Public Transport)

$0.80 MX$14.85

$2.82 CA$3.98

-71.63%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$575

$104 CA$146

-70.14%

Taxi Start (Normal Tariff)

$1.83 MX$34.08

$3.32 CA$4.68

-44.88%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.66

$1.35 CA$1.91

-21.48%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$201

$21.42 CA$30.26

-49.49%

Gasoline (1 liter)

$1.47 MX$27.39

$1.20 CA$1.70

22.50%

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

$24.1K MX$447.9K

$28.1K CA$39.7K

-14.28%

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

$23.5K MX$437.7K

$21.3K CA$30.0K

10.68%

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

$115 MX$2,132

$90.4 CA$128

26.77%

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

$26.37 MX$490

$29.28 CA$41.37

-9.94%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$478

$47.56 CA$67.2

-45.96%

Gym Membership (Monthly)

$30.53 MX$568

$41.94 CA$59.3

-27.21%

Tennis Court (1 Hour on Weekend)

$21.27 MX$396

Cinema Ticket

$4.96 MX$92.2

$10.05 CA$14.19

-50.65%

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

$679 MX$12.6K

$1,081 CA$1,527

-37.20%

International Primary School, 1 Child (Yearly)

$14.2K MX$263.8K

$26.0K CA$36.7K

-45.47%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,343

$67.3 CA$95.1

7.25%

Summer Dress (H&M, Zara, etc)

$41.94 MX$780

$93.0 CA$131

-54.91%

Sport Shoes (Adidas, Nike)

$107 MX$1,999

$130 CA$183

-17.00%

Men's Leather Business Shoes

$119 MX$2,207

$107 CA$152

10.47%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$18.9K

$1,872 CA$2,644

-45.63%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.4K

$1,672 CA$2,362

-56.83%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.6K

$2,581 CA$3,647

-23.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.3K

$2,317 CA$3,274

-38.91%

Buy Apartment in City Center (m2)

$4,203 MX$78.2K

$4,871 CA$6,882

-13.72%

Buy Apartment Outside City Center (m2)

$2,782 MX$51.7K

$6,011 CA$8,492

-53.72%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.4K

$3,160 CA$4,464

-65.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

5.26

124.14%

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

Last update for Monterrey: November 2, 2026

Last update for Oakville: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Oakville

$1.7K 58.9% 132% $950

Groceries & Markets

Monterrey

$302 18.4%

Oakville

$389 13.7% 28.8% $87

Eating Out

Monterrey

$216 13.2%

Oakville

$245 8.6% 13.6% $29

Monthly Utilities & Internet

Monterrey

$167 10.2%

Oakville

$167 5.9% 0.3% $0.6

Clothing & Footwear

Monterrey

$153 9.3%

Oakville

$179 6.3% 16.7% $26

Getting Around

Monterrey

$41 2.5%

Oakville

$125 4.4% 203% $84

Sport & Entertainment

Monterrey

$40 2.5%

Oakville

$62 2.2% 53.3% $22

Cost Breakdown

A one-bedroom apartment in the center runs $1,018 in Monterrey and $1,872 in Oakville. Housing cost is often the main lever when comparing two cities.

Oakville pays about 2.9 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Monterrey vs $72 in Oakville for a mid-range dinner for two. Groceries echo the gap at $302 vs $389 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇨🇦 Oakville

🕒 Local time

11:43 11:43 AM

12:43 12:43 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

193,832

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.38 USD

100 MXN = 4.83 EUR

1 CAD = 0.708 USD

1 CAD = 0.635 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 7, 2026: 1 USD = 18.6 MXN (100 MXN = 5.38 USD). 1 EUR = 20.72 MXN (100 MXN = 4.83 EUR).

Canadian Dollar exchange rates as of November 7, 2026: 1 USD = 1.41 CAD (1 CAD = 0.708 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

USD to MXN in detail →

On the map

Lowest

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Between locations

Monterrey Oakville 2,720 km ≈ 4 h nonstop flight

From you

Monterrey
Oakville

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 Oakville: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $2,839 in Oakville, so Monterrey is about 42% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 65% 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 $1,872 in Oakville. 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 $72 in Oakville. 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 $2,839 in Oakville – Monterrey is about 42% cheaper, which adds up to real savings over time.

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 42% less than in Oakville. Beyond cost, consider language, visa policies, and how big the international community is in each city.