Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Parsippany-Troy Hills, NJ

For one person, living is cheaper in Monterrey: $1,651 a month against $2,753 in Parsippany-Troy Hills, NJ, rent and utilities included – about $13,200 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Monterrey
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Monterrey Living Index
130

Cost of Living Index in Parsippany-Troy Hills, NJ
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Parsippany-Troy Hills, NJ Living Index

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Parsippany-Troy Hills, NJ, United States

Monterrey

🇲🇽 Mexico

$1,651

/mo nomad

Parsippany-Troy Hills, NJ

🇺🇸 United States

$2,753

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Parsippany-Troy Hills, NJ

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 Parsippany-Troy Hills, NJ actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,651 in Monterrey versus $2,753 in Parsippany-Troy Hills, NJ.

Monterrey $1,651
Parsippany-Troy Hills, NJ $2,753

Estimated couple costs with rent: $2,611 in Monterrey versus $4,111 in Parsippany-Troy Hills, NJ.

Monterrey $2,611
Parsippany-Troy Hills, NJ $4,111

Monthly costs for a family of three with rent: $3,571 in Monterrey versus $5,469 in Parsippany-Troy Hills, NJ.

Monterrey $3,571
Parsippany-Troy Hills, NJ $5,469

Living in Monterrey costs roughly 40% less than in Parsippany-Troy Hills, NJ, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Monterrey 23% above, Parsippany-Troy Hills, NJ 106% above.

Meal at Budget Restaurant

$13.63 MX$252

$15.06 $15.06

-9.50%

Three-Course Dinner for Two, Mid-Range

$48.11 MX$890

$69.2 $69.2

-30.48%

Fast Food Meal (McDonalds, etc)

$10.83 MX$200

$12.05 $12.05

-10.12%

Cappuccino

$3.92 MX$72.5

$4.42 $4.42

-11.31%

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

$1.48 MX$27.39

$2.11 $2.11

-29.86%

Water (0.33 liter bottle)

$1.03 MX$18.97

$1.48 $1.48

-30.41%

Local Beer (0.5 liter draught)

$2.46 MX$45.52

$7.28 $7.28

-66.21%

Imported Beer (0.33 liter bottle)

$4.22 MX$78.1

$8.14 $8.14

-48.16%

Milk (1 liter)

$1.87 MX$34.57

$1.17 $1.17

59.83%

White Bread (500g)

$2.80 MX$51.9

$4.34 $4.34

-35.48%

Rice (white) (1kg)

$1.83 MX$33.84

$2.63 $2.63

-30.42%

Eggs

$2.43 MX$44.98

$3.59 $3.59

-32.31%

Local Cheese (1kg)

$11.73 MX$217

$12.28 $12.28

-4.48%

Chicken Fillets (1kg)

$9.10 MX$168

$6.54 $6.54

39.14%

Beef Round Steak (1kg)

$12.49 MX$231

$14.49 $14.49

-13.80%

Apples (1kg)

$3.29 MX$60.9

$2.61 $2.61

26.05%

Banana (1kg)

$1.51 MX$27.85

$1.19 $1.19

26.89%

Oranges (1kg)

$2.13 MX$39.32

$2.61 $2.61

-18.39%

Tomato (1kg)

$2.41 MX$44.59

$2.83 $2.83

-14.84%

Potato (1kg)

$2.32 MX$42.99

$2.17 $2.17

6.91%

Onion (1kg)

$2.61 MX$48.21

$2.15 $2.15

21.40%

Lettuce (1 head)

$1.43 MX$26.41

$2.90 $2.90

-50.69%

Water (1.5 liter bottle)

$1.19 MX$21.99

$0.52 $0.52

128.85%

Cigarettes 20 Pack (Marlboro, Camel)

$4.79 MX$88.6

$11.59 $11.59

-58.67%

Wine (Bottle)

$13.43 MX$249

$15.16 $15.16

-11.41%

Local Beer (0.5 liter bottle)

$1.88 MX$34.87

$1.77 $1.77

6.21%

Imported Beer (0.33 liter bottle)

$2.96 MX$54.7

$1.95 $1.95

51.79%

One-way Ticket (Public Transport)

$0.87 MX$16.03

$3.91 $3.91

-77.75%

Public Transport Monthly Pass (Regular Price)

$30.74 MX$569

$69.0 $69.0

-55.44%

Taxi Start (Normal Tariff)

$1.92 MX$35.45

$3.06 $3.06

-37.25%

Taxi (Normal Tariff) (1km)

$1.05 MX$19.49

$2.08 $2.08

-49.52%

Taxi 1hour Waiting (Normal Tariff)

$10.85 MX$201

$24.08 $24.08

-54.94%

Gasoline (1 liter)

$1.48 MX$27.33

$1.08 $1.08

37.04%

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

$24.2K MX$447.5K

$27.3K $27.3K

-11.49%

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

$23.7K MX$438.3K

$26.0K $26.0K

-8.96%

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

$117 MX$2,169

$217 $217

-45.92%

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

$25.62 MX$474

$74.9 $74.9

-65.79%

Internet (50+ Mbps, Unlimited Data)

$26.04 MX$482

$65.4 $65.4

-60.20%

Gym Membership (Monthly)

$40.88 MX$756

$24.80 $24.80

64.84%

Tennis Court (1 Hour on Weekend)

$20.75 MX$384

Cinema Ticket

$4.99 MX$92.4

$14.32 $14.32

-65.15%

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

$694 MX$12.8K

$1,510 $1,510

-54.03%

International Primary School, 1 Child (Yearly)

$14.1K MX$261.3K

$28.0K $28.0K

-49.59%

Jeans (Levis 501 Or Similar)

$70.9 MX$1,312

$32.74 $32.74

116.68%

Summer Dress (H&M, Zara, etc)

$40.78 MX$754

$47.94 $47.94

-14.94%

Sport Shoes (Adidas, Nike)

$107 MX$1,982

$76.6 $76.6

39.92%

Men's Leather Business Shoes

$119 MX$2,198

$131 $131

-9.40%

1-bedroom Apartment, City Center (Monthly)

$1,044 MX$19.3K

$1,851 $1,851

-43.58%

1-bedroom Apartment, Outside City Center (Monthly)

$716 MX$13.2K

$1,529 $1,529

-53.17%

3-bedroom Apartment, City Center (Monthly)

$1,958 MX$36.2K

$3,387 $3,387

-42.20%

3-bedroom Apartment, Outside City Center (Monthly)

$1,454 MX$26.9K

$2,836 $2,836

-48.74%

Buy Apartment in City Center (m2)

$4,379 MX$81.0K

$2,992 $2,992

46.33%

Buy Apartment Outside City Center (m2)

$2,758 MX$51.0K

$2,444 $2,444

12.85%

Average Monthly Net Salary (After Tax)

$1,142 MX$21.1K

$7,350 $7,350

-84.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

6.68

76.50%

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

Last update for Monterrey: November 7, 2026

Last update for Parsippany-Troy Hills, NJ: November 8, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$716 43.4%

Parsippany-Troy Hills, NJ

$1.5K 55.5% 114% $813

Groceries & Markets

Monterrey

$302 18.3%

Parsippany-Troy Hills, NJ

$310 11.3% 2.4% $7.3

Eating Out

Monterrey

$219 13.3%

Parsippany-Troy Hills, NJ

$277 10.1% 26.1% $57

Monthly Utilities & Internet

Monterrey

$169 10.2%

Parsippany-Troy Hills, NJ

$357 13% 111% $188

Clothing & Footwear

Monterrey

$152 9.2%

Parsippany-Troy Hills, NJ

$130 4.7% 14.6% $22

Sport & Entertainment

Monterrey

$51 3.1%

Parsippany-Troy Hills, NJ

$53 1.9% 5.1% $2.6

Getting Around

Monterrey

$41 2.5%

Parsippany-Troy Hills, NJ

$98 3.6% 137% $57

Cost Breakdown

A one-bedroom apartment in the center runs $1,044 in Monterrey and $1,851 in Parsippany-Troy Hills, NJ. Housing cost is often the main lever when comparing two cities.

Parsippany-Troy Hills, NJ pays about 6.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Monterrey vs $69 in Parsippany-Troy Hills, NJ for a mid-range dinner for two. Groceries echo the gap at $302 vs $310 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇺🇸 Parsippany-Troy Hills, NJ

🕒 Local time

14:56 2:56 PM

15:56 3:56 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

53,238

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.82 EUR

1 USD = 0.891 EUR

Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 10, 2026: 1 USD = 18.5 MXN (100 MXN = 5.41 USD). 1 EUR = 20.76 MXN (100 MXN = 4.82 EUR).

United States Dollar exchange rates as of November 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

USD to MXN in detail →

On the map

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Highest

Between locations

Monterrey Parsippany-Troy Hills, NJ 2,920 km ≈ 4 h 15 min nonstop flight

From you

Monterrey
Parsippany-Troy Hills, NJ

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 Parsippany-Troy Hills, NJ: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,651 in Monterrey and $2,753 in Parsippany-Troy Hills, NJ, so Monterrey is about 40% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 84% 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: $1,044 in Monterrey versus $1,851 in Parsippany-Troy Hills, NJ. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $694 in Monterrey versus $1,510 in Parsippany-Troy Hills, NJ. 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 $69 in Parsippany-Troy Hills, NJ. If you eat out regularly, this makes a real dent in your monthly spending.

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 40% less than in Parsippany-Troy Hills, NJ. Beyond cost, consider language, visa policies, and how big the international community is in each city.