Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Paradise Island

78

Cost of Living Index in Monterrey
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Monterrey Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Paradise Island

🇧🇸 Bahamas

/mo nomad

Meal at Budget Restaurant

$13.37 MX$250

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

Cappuccino

$3.77 MX$70.4

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

$1.51 MX$28.26

Water (0.33 liter bottle)

$1.03 MX$19.25

Local Beer (0.5 liter draught)

$2.48 MX$46.41

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

Milk (1 liter)

$1.89 MX$35.43

White Bread (500g)

$2.85 MX$53.3

Rice (white) (1kg)

$1.86 MX$34.71

Eggs

$2.47 MX$46.12

Local Cheese (1kg)

$11.81 MX$221

Chicken Fillets (1kg)

$8.97 MX$168

Beef Round Steak (1kg)

$12.57 MX$235

Apples (1kg)

$3.20 MX$59.8

Banana (1kg)

$1.50 MX$28.12

Oranges (1kg)

$2.12 MX$39.74

Tomato (1kg)

$2.33 MX$43.64

Potato (1kg)

$2.22 MX$41.58

Onion (1kg)

$2.58 MX$48.34

Lettuce (1 head)

$1.45 MX$27.04

Water (1.5 liter bottle)

$1.22 MX$22.85

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

Wine (Bottle)

$13.30 MX$249

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

One-way Ticket (Public Transport)

$0.80 MX$14.94

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

Taxi Start (Normal Tariff)

$1.83 MX$34.28

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

Gasoline (1 liter)

$1.47 MX$27.54

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

$24.1K MX$450.4K

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

$23.5K MX$440.2K

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

$115 MX$2,144

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

$26.37 MX$493

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

Gym Membership (Monthly)

$30.53 MX$571

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

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

$679 MX$12.7K

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

Sport Shoes (Adidas, Nike)

$107 MX$2,011

Men's Leather Business Shoes

$119 MX$2,219

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

$2,538 BSD 2,538

-56.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

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

Last update for Monterrey: November 2, 2026

Last update for Paradise Island: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Paradise Island

–

Groceries & Markets

Monterrey

$302 18.4%

Paradise Island

–

Eating Out

Monterrey

$216 13.2%

Paradise Island

–

Monthly Utilities & Internet

Monterrey

$167 10.2%

Paradise Island

–

Clothing & Footwear

Monterrey

$153 9.3%

Paradise Island

–

Getting Around

Monterrey

$41 2.5%

Paradise Island

–

Sport & Entertainment

Monterrey

$40 2.5%

Paradise Island

–

Cost Breakdown

Paradise Island pays about 2.3 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Good to know

🇲🇽 Monterrey

🇧🇸 Paradise Island

🕒 Local time

14:37 2:37 PM

15:37 3:37 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

227,940

💱 Currency

Mexican Peso MXN $

Bahamian Dollar BSD $

📈 Exchange rate

100 MXN = 5.35 USD

100 MXN = 4.78 EUR

1 BSD = 1 USD

1 BSD = 0.895 EUR

Exchange rates and currency converter

BSD, 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).

Bahamian Dollar exchange rates as of November 6, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.895 EUR).

USD to MXN in detail →

On the map

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Highest

Between locations

Monterrey Paradise Island 2,310 km ≈ 3 h 30 min nonstop flight

From you

Monterrey
Paradise Island

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 Paradise Island: Cost of Living - Frequently Asked Questions

On paper, salaries run 57% 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.

Monterrey vs other spots: cost of living compared

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