Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Peterborough, Canada

Name: Peterborough
Address: Peterborough, CA

For one person, living is cheaper in Monterrey: $1,641 a month against $2,107 in Peterborough, rent and utilities included – about $5,600 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
101

Cost of Living Index in Peterborough
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Peterborough Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Peterborough

🇨🇦 Canada

$2,107

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Peterborough

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

Monthly costs for one person with rent: $1,641 in Monterrey versus $2,107 in Peterborough.

Monterrey $1,641
Peterborough $2,107

Estimated couple costs with rent: $2,573 in Monterrey versus $3,050 in Peterborough.

Monterrey $2,573
Peterborough $3,050

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $3,993 in Peterborough.

Monterrey $3,504
Peterborough $3,993

Living in Monterrey costs roughly 22% less than in Peterborough, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Monterrey 21% above, Peterborough 56% above.

Meal at Budget Restaurant

$13.37 MX$250

$11.60 CA$16.32

15.26%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$72.0 CA$101

-33.44%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$10.75 CA$15.12

0.37%

Cappuccino

$3.77 MX$70.4

$3.83 CA$5.39

-1.57%

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

$1.51 MX$28.26

$1.81 CA$2.54

-16.57%

Water (0.33 liter bottle)

$1.03 MX$19.25

$1.47 CA$2.07

-29.93%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$5.28 CA$7.43

-53.03%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$5.82 CA$8.18

-25.09%

Milk (1 liter)

$1.89 MX$35.43

$2.59 CA$3.64

-27.03%

White Bread (500g)

$2.85 MX$53.3

$2.45 CA$3.45

16.33%

Rice (white) (1kg)

$1.86 MX$34.71

$2.48 CA$3.49

-25.00%

Eggs

$2.47 MX$46.12

$3.26 CA$4.59

-24.23%

Local Cheese (1kg)

$11.81 MX$221

$10.86 CA$15.28

8.75%

Chicken Fillets (1kg)

$8.97 MX$168

$11.11 CA$15.63

-19.26%

Beef Round Steak (1kg)

$12.57 MX$235

$12.80 CA$18.01

-1.80%

Apples (1kg)

$3.20 MX$59.8

$3.35 CA$4.71

-4.48%

Banana (1kg)

$1.50 MX$28.12

$1.44 CA$2.02

4.17%

Oranges (1kg)

$2.12 MX$39.74

$3.51 CA$4.93

-39.60%

Tomato (1kg)

$2.33 MX$43.64

$4.13 CA$5.81

-43.58%

Potato (1kg)

$2.22 MX$41.58

$1.63 CA$2.29

36.20%

Onion (1kg)

$2.58 MX$48.34

$2.31 CA$3.25

11.69%

Lettuce (1 head)

$1.45 MX$27.04

$2.27 CA$3.20

-36.12%

Water (1.5 liter bottle)

$1.22 MX$22.85

$1.49 CA$2.09

-18.12%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

$11.57 CA$16.27

-58.51%

Wine (Bottle)

$13.30 MX$249

$12.62 CA$17.75

5.39%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

$2.42 CA$3.41

-20.25%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

$1.63 CA$2.29

75.46%

One-way Ticket (Public Transport)

$0.80 MX$14.94

$2.46 CA$3.46

-67.48%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

$54.3 CA$76.4

-43.05%

Taxi Start (Normal Tariff)

$1.83 MX$34.28

$3.09 CA$4.35

-40.78%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

$1.25 CA$1.76

-15.20%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

$21.57 CA$30.33

-49.84%

Gasoline (1 liter)

$1.47 MX$27.54

$1.18 CA$1.66

24.58%

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

$24.1K MX$450.4K

$26.4K CA$37.1K

-8.70%

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

$23.5K MX$440.2K

$21.1K CA$29.7K

11.60%

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

$115 MX$2,144

$140 CA$197

-18.28%

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

$26.37 MX$493

$35.14 CA$49.41

-24.96%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$44.89 CA$63.1

-42.75%

Gym Membership (Monthly)

$30.53 MX$571

$37.59 CA$52.9

-18.78%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

$14.21 CA$19.99

49.68%

Cinema Ticket

$4.96 MX$92.8

$11.50 CA$16.18

-56.87%

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

$679 MX$12.7K

$344 CA$483

97.41%

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

$15.6K CA$21.9K

-9.05%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

$46.52 CA$65.4

55.20%

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

$37.93 CA$53.3

10.57%

Sport Shoes (Adidas, Nike)

$107 MX$2,011

$88.1 CA$124

22.02%

Men's Leather Business Shoes

$119 MX$2,219

$73.9 CA$104

60.63%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$1,376 CA$1,935

-26.04%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

$1,083 CA$1,522

-33.35%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$2,057 CA$2,893

-4.40%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

$1,631 CA$2,294

-13.21%

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

$6,479 CA$9,112

-35.14%

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

$6,365 CA$8,952

-56.30%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

$3,017 CA$4,243

-63.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

4.55

159.12%

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

Last update for Monterrey: November 2, 2026

Last update for Peterborough: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Peterborough

$1.1K 51.4% 50% $361

Groceries & Markets

Monterrey

$302 18.4%

Peterborough

$337 16% 11.6% $35

Eating Out

Monterrey

$216 13.2%

Peterborough

$222 10.6% 3% $6.4

Monthly Utilities & Internet

Monterrey

$167 10.2%

Peterborough

$220 10.5% 32.2% $54

Clothing & Footwear

Monterrey

$153 9.3%

Peterborough

$111 5.3% 27.6% $42

Getting Around

Monterrey

$41 2.5%

Peterborough

$74 3.5% 78.2% $32

Sport & Entertainment

Monterrey

$40 2.5%

Peterborough

$61 2.9% 49.8% $20

Cost Breakdown

A one-bedroom apartment in the center runs $1,018 in Monterrey and $1,376 in Peterborough. Housing cost is often the main lever when comparing two cities.

Peterborough pays about 2.8 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Monterrey vs $72 in Peterborough for a mid-range dinner for two. Groceries echo the gap at $302 vs $337 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇨🇦 Peterborough

🕒 Local time

10:35 10:35 AM

11:35 11:35 AM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

81,032

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.35 USD

100 MXN = 4.76 EUR

1 CAD = 0.711 USD

1 CAD = 0.633 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 = 21.01 MXN (100 MXN = 4.76 EUR).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 EUR).

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Monterrey Peterborough 2,860 km ≈ 4 h nonstop flight

From you

Monterrey
Peterborough

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 Peterborough: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $2,107 in Peterborough, so Monterrey is about 22% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 64% 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 $1,376 in Peterborough. 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 Peterborough. 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 $2,107 in Peterborough – Monterrey is about 22% 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 work as nomad bases, but Monterrey delivers better value at $1,641 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Monterrey hard to pass up.

Expats usually find Monterrey gentler on the wallet – expenses run 22% less than in Peterborough. Beyond cost, consider language, visa policies, and how big the international community is in each city.