Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Picton

For one person, living is cheaper in Picton: $1,027 a month against $1,641 in Monterrey, rent and utilities included – about $7,400 less a year. Higher rent and utilities in Monterrey outweigh lower spending on other living expenses.

78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index
49

Cost of Living Index in Picton
Learn more

Picton Living Index

Jump to prices

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Picton

🇨🇦 Canada

$1,027

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Picton

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

Monthly costs for one person with rent: $1,641 in Monterrey versus $1,027 in Picton.

Monterrey $1,641
Picton $1,027

Estimated couple costs with rent: $2,573 in Monterrey versus $1,697 in Picton.

Monterrey $2,573
Picton $1,697

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $2,367 in Picton.

Monterrey $3,504
Picton $2,367

Living in Monterrey is roughly 60% more expensive than in Picton, and outside of rent the biggest gap is in clothing.

The two cities straddle the global median: Monterrey is 21% above, Picton is 24% below.

Meal at Budget Restaurant

$13.37 MX$250

$18.12 CA$25.49

-26.21%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$69.6 CA$97.9

-31.11%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$9.93 CA$13.96

8.66%

Cappuccino

$3.77 MX$70.4

$3.68 CA$5.17

2.45%

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

$1.51 MX$28.26

$2.09 CA$2.94

-27.75%

Water (0.33 liter bottle)

$1.03 MX$19.25

$1.65 CA$2.32

-37.58%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$5.74 CA$8.08

-56.79%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$5.71 CA$8.03

-23.64%

Milk (1 liter)

$1.89 MX$35.43

$1.64 CA$2.30

15.24%

White Bread (500g)

$2.85 MX$53.3

$2.08 CA$2.93

37.02%

Rice (white) (1kg)

$1.86 MX$34.71

$2.26 CA$3.18

-17.70%

Eggs

$2.47 MX$46.12

$2.87 CA$4.04

-13.94%

Local Cheese (1kg)

$11.81 MX$221

$9.14 CA$12.86

29.21%

Chicken Fillets (1kg)

$8.97 MX$168

$11.35 CA$15.96

-20.97%

Beef Round Steak (1kg)

$12.57 MX$235

$15.25 CA$21.45

-17.57%

Apples (1kg)

$3.20 MX$59.8

$2.84 CA$3.99

12.68%

Banana (1kg)

$1.50 MX$28.12

$1.23 CA$1.73

21.95%

Oranges (1kg)

$2.12 MX$39.74

$3.46 CA$4.87

-38.73%

Tomato (1kg)

$2.33 MX$43.64

$4.24 CA$5.96

-45.05%

Potato (1kg)

$2.22 MX$41.58

$1.97 CA$2.76

12.69%

Onion (1kg)

$2.58 MX$48.34

$1.69 CA$2.37

52.66%

Lettuce (1 head)

$1.45 MX$27.04

$2.39 CA$3.36

-39.33%

Water (1.5 liter bottle)

$1.22 MX$22.85

$1.22 CA$1.71

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

$13.70 CA$19.27

-64.96%

Wine (Bottle)

$13.30 MX$249

$14.37 CA$20.21

-7.45%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

$2.21 CA$3.11

-12.67%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

$2.56 CA$3.60

11.72%

One-way Ticket (Public Transport)

$0.80 MX$14.94

$2.20 CA$3.09

-63.64%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

$19.54 CA$27.48

58.34%

Taxi Start (Normal Tariff)

$1.83 MX$34.28

$3.06 CA$4.30

-40.20%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

$1.23 CA$1.72

-13.82%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

$22.02 CA$30.97

-50.86%

Gasoline (1 liter)

$1.47 MX$27.54

$1.18 CA$1.65

24.58%

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

$24.1K MX$450.4K

$26.4K CA$37.1K

-8.76%

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

$23.5K MX$440.2K

$21.3K CA$29.9K

10.61%

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

$115 MX$2,144

$121 CA$171

-5.48%

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

$26.37 MX$493

$28.15 CA$39.59

-6.32%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$48.39 CA$68.1

-46.89%

Gym Membership (Monthly)

$30.53 MX$571

$42.72 CA$60.1

-28.53%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

$8.57 CA$12.05

-42.12%

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

$679 MX$12.7K

$290 CA$409

133.62%

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

$33.2K CA$46.7K

-57.33%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

$49.84 CA$70.1

44.86%

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

$35.56 CA$50.0

17.94%

Sport Shoes (Adidas, Nike)

$107 MX$2,011

$86.4 CA$122

24.40%

Men's Leather Business Shoes

$119 MX$2,219

$129 CA$182

-8.27%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$1,019 CA$1,432

-0.10%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$1,636 CA$2,300

20.22%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

$3,875 CA$5,449

8.46%

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

$3,133 CA$4,406

-65.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

4.45

164.94%

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

Last update for Monterrey: November 2, 2026

Last update for Picton: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Picton

- * 0% 100%

Groceries & Markets

Monterrey

$302 18.4%

Picton

$323 31.4% 6.8% $20

Eating Out

Monterrey

$216 13.2%

Picton

$274 26.7% 27% $58

Monthly Utilities & Internet

Monterrey

$167 10.2%

Picton

$198 19.3% 18.7% $31

Clothing & Footwear

Monterrey

$153 9.3%

Picton

$136 13.2% 11.5% $18

Getting Around

Monterrey

$41 2.5%

Picton

$38 3.7% 9% $3.7

Sport & Entertainment

Monterrey

$40 2.5%

Picton

$60 5.8% 48% $19

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 $1,019 in Picton. Housing cost is often the main lever when comparing two cities.

Picton pays about 2.9 times more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $48 in Monterrey vs $70 in Picton for a mid-range dinner for two. Groceries echo the gap at $302 vs $323 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇨🇦 Picton

🕒 Local time

20:37 8:37 PM

21:37 9:37 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

4,702

💱 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 7, 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 7, 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

Lowest

Highest

Between locations

Monterrey Picton 2,920 km ≈ 4 h 15 min nonstop flight

From you

Monterrey
Picton

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 Picton: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $1,027 in Picton, so Picton is about 37% 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 $1,019 in Picton. 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 $70 in Picton. 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 $1,027 in Picton – Picton is about 37% cheaper, which adds up to real savings over time.

Either city works on $2,000 a month, though Picton 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.