Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Parry Sound

For one person, living is cheaper in Monterrey: $1,641 a month against $2,236 in Parry Sound, rent and utilities included – about $7,100 less a year. Higher rent and utilities in Parry Sound outweigh lower spending on other living expenses.

78

Cost of Living Index in Monterrey
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Monterrey Living Index
108

Cost of Living Index in Parry Sound
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Parry Sound Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Parry Sound

🇨🇦 Canada

$2,236

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Parry Sound

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

Monthly costs for one person with rent: $1,641 in Monterrey versus $2,236 in Parry Sound.

Monterrey $1,641
Parry Sound $2,236

Estimated couple costs with rent: $2,573 in Monterrey versus $3,207 in Parry Sound.

Monterrey $2,573
Parry Sound $3,207

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $4,178 in Parry Sound.

Monterrey $3,504
Parry Sound $4,178

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

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

Meal at Budget Restaurant

$13.37 MX$250

$17.64 CA$24.81

-24.21%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$52.3 CA$73.5

-8.23%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$10.84 CA$15.25

-0.46%

Cappuccino

$3.77 MX$70.4

$3.21 CA$4.51

17.45%

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

$1.51 MX$28.26

$1.41 CA$1.99

7.09%

Water (0.33 liter bottle)

$1.03 MX$19.25

$1.08 CA$1.52

-4.63%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$3.69 CA$5.18

-32.79%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$4.36 CA$6.14

Milk (1 liter)

$1.89 MX$35.43

$2.01 CA$2.83

-5.97%

White Bread (500g)

$2.85 MX$53.3

$2.22 CA$3.13

28.38%

Rice (white) (1kg)

$1.86 MX$34.71

$1.55 CA$2.18

20.00%

Eggs

$2.47 MX$46.12

$3.09 CA$4.35

-20.06%

Local Cheese (1kg)

$11.81 MX$221

$4.17 CA$5.86

183.21%

Chicken Fillets (1kg)

$8.97 MX$168

$10.80 CA$15.19

-16.94%

Beef Round Steak (1kg)

$12.57 MX$235

$7.31 CA$10.28

71.96%

Apples (1kg)

$3.20 MX$59.8

$3.44 CA$4.84

-6.98%

Banana (1kg)

$1.50 MX$28.12

$0.69 CA$0.97

117.39%

Oranges (1kg)

$2.12 MX$39.74

$0.75 CA$1.05

182.67%

Tomato (1kg)

$2.33 MX$43.64

$2.17 CA$3.05

7.37%

Potato (1kg)

$2.22 MX$41.58

$1.66 CA$2.34

33.73%

Onion (1kg)

$2.58 MX$48.34

$1.40 CA$1.97

84.29%

Lettuce (1 head)

$1.45 MX$27.04

$1.45 CA$2.04

Water (1.5 liter bottle)

$1.22 MX$22.85

$1.52 CA$2.14

-19.74%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

$11.99 CA$16.87

-59.97%

Wine (Bottle)

$13.30 MX$249

$11.28 CA$15.87

17.91%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

$2.83 CA$3.98

-31.80%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

$3.60 CA$5.07

-20.56%

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

$8.65 CA$12.16

-78.84%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

$18.68 CA$26.27

-42.08%

Gasoline (1 liter)

$1.47 MX$27.54

$1.08 CA$1.52

36.11%

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

$24.1K MX$450.4K

$28.0K CA$39.4K

-13.97%

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

$23.5K MX$440.2K

$22.0K CA$31.0K

6.94%

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

$115 MX$2,144

$127 CA$179

-9.95%

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

$26.37 MX$493

$26.58 CA$37.38

-0.79%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$46.43 CA$65.3

-44.65%

Gym Membership (Monthly)

$30.53 MX$571

$33.45 CA$47.05

-8.73%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

$10.28 CA$14.45

-51.75%

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

$679 MX$12.7K

$512 CA$719

32.67%

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

$23.9K CA$33.7K

-40.77%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

$43.59 CA$61.3

65.63%

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

$38.42 CA$54.0

9.16%

Sport Shoes (Adidas, Nike)

$107 MX$2,011

$95.7 CA$135

12.28%

Men's Leather Business Shoes

$119 MX$2,219

$105 CA$148

12.66%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$1,092 CA$1,535

-6.80%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

$1,336 CA$1,879

-46.01%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$2,181 CA$3,067

-9.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

$2,187 CA$3,076

-35.28%

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

$2,127 CA$2,991

-48.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

4.56

158.55%

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

Last update for Monterrey: November 2, 2026

Last update for Parry Sound: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Parry Sound

$1.3K 59.8% 85.2% $615

Groceries & Markets

Monterrey

$302 18.4%

Parry Sound

$260 11.6% 13.8% $42

Eating Out

Monterrey

$216 13.2%

Parry Sound

$249 11.1% 15.5% $33

Monthly Utilities & Internet

Monterrey

$167 10.2%

Parry Sound

$200 9% 20.2% $34

Clothing & Footwear

Monterrey

$153 9.3%

Parry Sound

$127 5.7% 16.8% $26

Getting Around

Monterrey

$41 2.5%

Parry Sound

$8.7 * 0.4% 79% $33

Sport & Entertainment

Monterrey

$40 2.5%

Parry Sound

$54 2.4% 33.5% $14

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,018 in Monterrey and $1,092 in Parry Sound. Housing cost is often the main lever when comparing two cities.

Parry Sound pays 94% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Monterrey vs $52 in Parry Sound. Groceries flip the comparison at $302 vs $260, with Parry Sound cheaper for home cooking.

Good to know

🇲🇽 Monterrey

🇨🇦 Parry Sound

🕒 Local time

15:05 3:05 PM

16:05 4:05 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

6,800

💱 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 Parry Sound 2,840 km ≈ 4 h nonstop flight

From you

Monterrey
Parry Sound

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 Parry Sound: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $2,236 in Parry Sound, so Monterrey is about 27% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 48% 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 $1,092 in Parry Sound. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $679 in Monterrey versus $512 in Parry Sound. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Monterrey – a meal for two runs $48 versus $52 in Parry Sound. If you eat out regularly, this makes a real dent in your monthly spending.

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.

It comes down to priorities – Monterrey wins on affordability, Parry Sound on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.