Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Sherbrooke

For one person, living is cheaper in Monterrey: $1,641 a month against $1,844 in Sherbrooke, rent and utilities included – about $2,400 less a year. Other living expenses account for most of the difference.

78

Cost of Living Index in Monterrey
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Monterrey Living Index
88

Cost of Living Index in Sherbrooke
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Sherbrooke Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Sherbrooke

🇨🇦 Canada

$1,844

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Sherbrooke

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

Monthly costs for one person with rent: $1,641 in Monterrey versus $1,844 in Sherbrooke.

Monterrey $1,641
Sherbrooke $1,844

Estimated couple costs with rent: $2,573 in Monterrey versus $2,816 in Sherbrooke.

Monterrey $2,573
Sherbrooke $2,816

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $3,788 in Sherbrooke.

Monterrey $3,504
Sherbrooke $3,788

Living in Monterrey costs roughly 11% less than in Sherbrooke, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Monterrey 21% above, Sherbrooke 36% above.

Meal at Budget Restaurant

$13.37 MX$250

$18.19 CA$25.58

-26.50%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$66.9 CA$94.0

-28.28%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$10.83 CA$15.23

-0.37%

Cappuccino

$3.77 MX$70.4

$3.24 CA$4.56

16.36%

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

$1.51 MX$28.26

$1.98 CA$2.79

-23.74%

Water (0.33 liter bottle)

$1.03 MX$19.25

$1.82 CA$2.57

-43.41%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$5.63 CA$7.91

-55.95%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$5.10 CA$7.17

-14.51%

Milk (1 liter)

$1.89 MX$35.43

$2.76 CA$3.89

-31.52%

White Bread (500g)

$2.85 MX$53.3

$2.74 CA$3.85

4.01%

Rice (white) (1kg)

$1.86 MX$34.71

$3.63 CA$5.11

-48.76%

Eggs

$2.47 MX$46.12

$3.14 CA$4.41

-21.34%

Local Cheese (1kg)

$11.81 MX$221

$11.65 CA$16.38

1.37%

Chicken Fillets (1kg)

$8.97 MX$168

$10.79 CA$15.18

-16.87%

Beef Round Steak (1kg)

$12.57 MX$235

$16.37 CA$23.03

-23.21%

Apples (1kg)

$3.20 MX$59.8

$4.14 CA$5.82

-22.71%

Banana (1kg)

$1.50 MX$28.12

$1.47 CA$2.06

2.04%

Oranges (1kg)

$2.12 MX$39.74

$3.83 CA$5.39

-44.65%

Tomato (1kg)

$2.33 MX$43.64

$3.48 CA$4.90

-33.05%

Potato (1kg)

$2.22 MX$41.58

$1.70 CA$2.39

30.59%

Onion (1kg)

$2.58 MX$48.34

$2.69 CA$3.78

-4.09%

Lettuce (1 head)

$1.45 MX$27.04

$1.81 CA$2.54

-19.89%

Water (1.5 liter bottle)

$1.22 MX$22.85

$1.81 CA$2.55

-32.60%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

$12.33 CA$17.35

-61.07%

Wine (Bottle)

$13.30 MX$249

$12.23 CA$17.20

8.75%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

$4.03 CA$5.66

-52.11%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

$3.74 CA$5.25

-23.53%

One-way Ticket (Public Transport)

$0.80 MX$14.94

$2.63 CA$3.69

-69.58%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

$63.0 CA$88.7

-50.92%

Taxi Start (Normal Tariff)

$1.83 MX$34.28

$3.67 CA$5.16

-50.14%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

$1.50 CA$2.11

-29.33%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

$32.89 CA$46.26

-67.10%

Gasoline (1 liter)

$1.47 MX$27.54

$1.27 CA$1.78

15.75%

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

$24.1K MX$450.4K

$28.2K CA$39.7K

-14.68%

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

$23.5K MX$440.2K

$21.1K CA$29.6K

11.80%

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

$115 MX$2,144

$71.5 CA$101

60.23%

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

$26.37 MX$493

$44.64 CA$62.8

-40.93%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$48.93 CA$68.8

-47.48%

Gym Membership (Monthly)

$30.53 MX$571

$29.05 CA$40.86

5.09%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

$6.77 CA$9.52

214.18%

Cinema Ticket

$4.96 MX$92.8

$10.42 CA$14.66

-52.40%

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

$679 MX$12.7K

$885 CA$1,244

-23.28%

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

$30.6K CA$43.0K

-53.59%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

$65.9 CA$92.7

9.49%

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

$31.03 CA$43.63

35.16%

Sport Shoes (Adidas, Nike)

$107 MX$2,011

$63.7 CA$89.6

68.64%

Men's Leather Business Shoes

$119 MX$2,219

$123 CA$173

-3.73%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$1,030 CA$1,448

-1.20%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

$772 CA$1,086

-6.53%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$1,763 CA$2,480

11.52%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

$1,280 CA$1,800

10.57%

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

$2,190 CA$3,080

91.92%

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

$1,797 CA$2,527

54.80%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

$2,820 CA$3,966

-61.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

4.76

147.69%

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

Last update for Monterrey: November 2, 2026

Last update for Sherbrooke: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Sherbrooke

$772 41.9% 7% $50

Groceries & Markets

Monterrey

$302 18.4%

Sherbrooke

$374 20.3% 23.8% $72

Eating Out

Monterrey

$216 13.2%

Sherbrooke

$270 14.7% 25.3% $55

Monthly Utilities & Internet

Monterrey

$167 10.2%

Sherbrooke

$165 9% 0.9% $1.6

Clothing & Footwear

Monterrey

$153 9.3%

Sherbrooke

$128 6.9% 16.6% $25

Getting Around

Monterrey

$41 2.5%

Sherbrooke

$85 4.6% 105% $43

Sport & Entertainment

Monterrey

$40 2.5%

Sherbrooke

$50 2.7% 23.4% $9.4

Cost Breakdown

A one-bedroom apartment in the center runs $1,018 in Monterrey and $1,030 in Sherbrooke. Housing cost is often the main lever when comparing two cities.

Sherbrooke pays about 2.6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Monterrey vs $67 in Sherbrooke for a mid-range dinner for two. Groceries echo the gap at $302 vs $374 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇨🇦 Sherbrooke

🕒 Local time

09:13 9:13 AM

10:13 10:13 AM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

172,950

💱 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 Sherbrooke 3,350 km ≈ 4 h 45 min nonstop flight

From you

Monterrey
Sherbrooke

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 Sherbrooke: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $1,844 in Sherbrooke, so Monterrey is about 11% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 61% 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 $1,030 in Sherbrooke. 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 $67 in Sherbrooke. 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 $1,844 in Sherbrooke – Monterrey is about 11% 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 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, Sherbrooke on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.