Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Veracruz, Panama

Name: Veracruz
Address: Veracruz, PA

78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index

Jump to prices

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Veracruz

🇵🇦 Panama

/mo nomad

Meal at Budget Restaurant

$13.37 MX$250

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

Cappuccino

$3.77 MX$70.4

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

$1.51 MX$28.26

Water (0.33 liter bottle)

$1.03 MX$19.25

Local Beer (0.5 liter draught)

$2.48 MX$46.41

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

Milk (1 liter)

$1.89 MX$35.43

White Bread (500g)

$2.85 MX$53.3

Rice (white) (1kg)

$1.86 MX$34.71

Eggs

$2.47 MX$46.12

Local Cheese (1kg)

$11.81 MX$221

Chicken Fillets (1kg)

$8.97 MX$168

Beef Round Steak (1kg)

$12.57 MX$235

Apples (1kg)

$3.20 MX$59.8

Banana (1kg)

$1.50 MX$28.12

Oranges (1kg)

$2.12 MX$39.74

Tomato (1kg)

$2.33 MX$43.64

Potato (1kg)

$2.22 MX$41.58

Onion (1kg)

$2.58 MX$48.34

Lettuce (1 head)

$1.45 MX$27.04

Water (1.5 liter bottle)

$1.22 MX$22.85

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

Wine (Bottle)

$13.30 MX$249

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

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

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

Gasoline (1 liter)

$1.47 MX$27.54

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

$24.1K MX$450.4K

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

$23.5K MX$440.2K

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

$115 MX$2,144

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

$26.37 MX$493

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

Gym Membership (Monthly)

$30.53 MX$571

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

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

$679 MX$12.7K

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

Sport Shoes (Adidas, Nike)

$107 MX$2,011

Men's Leather Business Shoes

$119 MX$2,219

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

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

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

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

Last update for Monterrey: November 2, 2026

Last update for Veracruz: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Veracruz

–

Groceries & Markets

Monterrey

$302 18.4%

Veracruz

–

Eating Out

Monterrey

$216 13.2%

Veracruz

–

Monthly Utilities & Internet

Monterrey

$167 10.2%

Veracruz

–

Clothing & Footwear

Monterrey

$153 9.3%

Veracruz

–

Getting Around

Monterrey

$41 2.5%

Veracruz

–

Sport & Entertainment

Monterrey

$40 2.5%

Veracruz

–

Good to know

🇲🇽 Monterrey

🇵🇦 Veracruz

🕒 Local time

13:58 1:58 PM

14:58 2:58 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

18,589

💱 Currency

Mexican Peso MXN $

Panamanian Balboa PAB B/.

📈 Exchange rate

100 MXN = 5.35 USD

100 MXN = 4.78 EUR

1 PAB = 1 USD

1 PAB = 0.895 EUR

Exchange rates and currency converter

PAB, 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).

Panamanian Balboa exchange rates as of November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.895 EUR).

USD to MXN in detail →

On the map

Lowest

Highest

Between locations

Monterrey Veracruz 2,870 km ≈ 4 h nonstop flight

From you

Monterrey
Veracruz

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 other spots: cost of living compared

Similar cities

Mexico City

🇲🇽 Mexico

Medellin

🇨🇴 Colombia

Budapest

🇭🇺 Hungary

Buenos Aires

🇦🇷 Argentina

Sofia

🇧🇬 Bulgaria

Uluwatu, Bali

🇮🇩 Indonesia

Canggu, Bali

🇮🇩 Indonesia

Yerevan

🇦🇲 Armenia