Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Wakefield-Peacedale, RI

For one person, living is cheaper in Monterrey: $1,641 a month against $2,568 in Wakefield-Peacedale, RI, rent and utilities included – about $11,100 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
120

Cost of Living Index in Wakefield-Peacedale, RI
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Wakefield-Peacedale, RI Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Wakefield-Peacedale, RI

🇺🇸 United States

$2,568

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Wakefield-Peacedale, RI

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 Wakefield-Peacedale, RI actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,641 in Monterrey versus $2,568 in Wakefield-Peacedale, RI.

Monterrey $1,641
Wakefield-Peacedale, RI $2,568

Estimated couple costs with rent: $2,573 in Monterrey versus $3,677 in Wakefield-Peacedale, RI.

Monterrey $2,573
Wakefield-Peacedale, RI $3,677

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $4,786 in Wakefield-Peacedale, RI.

Monterrey $3,504
Wakefield-Peacedale, RI $4,786

Living in Monterrey costs roughly 36% less than in Wakefield-Peacedale, RI, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Monterrey 21% above, Wakefield-Peacedale, RI 90% above.

Meal at Budget Restaurant

$13.37 MX$249

$20.27 $20.27

-34.04%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$892

$74.4 $74.4

-35.53%

Fast Food Meal (McDonalds, etc)

$10.79 MX$201

$12.75 $12.75

-15.37%

Cappuccino

$3.77 MX$70.0

$5.23 $5.23

-27.92%

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

$1.51 MX$28.09

$2.91 $2.91

-48.11%

Water (0.33 liter bottle)

$1.03 MX$19.14

$2.48 $2.48

-58.47%

Local Beer (0.5 liter draught)

$2.48 MX$46.14

$5.95 $5.95

-58.32%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.0

$8.69 $8.69

-49.83%

Milk (1 liter)

$1.89 MX$35.23

$1.00 $1.00

89.00%

White Bread (500g)

$2.85 MX$53.0

$2.15 $2.15

32.56%

Rice (white) (1kg)

$1.86 MX$34.52

$4.37 $4.37

-57.44%

Eggs

$2.47 MX$45.86

$3.62 $3.62

-31.77%

Local Cheese (1kg)

$11.81 MX$220

$10.77 $10.77

9.66%

Chicken Fillets (1kg)

$8.97 MX$167

$7.50 $7.50

19.60%

Beef Round Steak (1kg)

$12.57 MX$234

$10.05 $10.05

25.07%

Apples (1kg)

$3.20 MX$59.4

$5.43 $5.43

-41.07%

Banana (1kg)

$1.50 MX$27.96

$1.66 $1.66

-9.64%

Oranges (1kg)

$2.12 MX$39.52

$3.26 $3.26

-34.97%

Tomato (1kg)

$2.33 MX$43.39

$4.43 $4.43

-47.40%

Potato (1kg)

$2.22 MX$41.34

$1.72 $1.72

29.07%

Onion (1kg)

$2.58 MX$48.07

$2.25 $2.25

14.67%

Lettuce (1 head)

$1.45 MX$26.88

$2.43 $2.43

-40.33%

Water (1.5 liter bottle)

$1.22 MX$22.72

$2.98 $2.98

-59.06%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.2

$13.37 $13.37

-64.10%

Wine (Bottle)

$13.30 MX$247

$14.71 $14.71

-9.59%

Local Beer (0.5 liter bottle)

$1.93 MX$35.93

$1.84 $1.84

4.89%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.1

$1.94 $1.94

47.42%

One-way Ticket (Public Transport)

$0.80 MX$14.85

$2.00 $2.00

-60.00%

Public Transport Monthly Pass (Regular Price)

$30.94 MX$575

$54.2 $54.2

-42.94%

Taxi Start (Normal Tariff)

$1.83 MX$34.08

$3.70 $3.70

-50.54%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.66

$2.29 $2.29

-53.71%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$201

$47.78 $47.78

-77.35%

Gasoline (1 liter)

$1.47 MX$27.39

$1.01 $1.01

45.54%

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

$24.1K MX$447.9K

$27.4K $27.4K

-12.18%

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

$23.5K MX$437.7K

$26.1K $26.1K

-9.75%

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

$115 MX$2,132

$200 $200

-42.59%

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

$26.37 MX$490

$37.05 $37.05

-28.83%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$478

$60.8 $60.8

-57.72%

Gym Membership (Monthly)

$30.53 MX$568

$42.83 $42.83

-28.72%

Tennis Court (1 Hour on Weekend)

$21.27 MX$396

Cinema Ticket

$4.96 MX$92.2

$12.34 $12.34

-59.81%

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

$679 MX$12.6K

$2,170 $2,170

-68.72%

International Primary School, 1 Child (Yearly)

$14.2K MX$263.8K

$33.7K $33.7K

-57.97%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,343

$38.31 $38.31

88.46%

Summer Dress (H&M, Zara, etc)

$41.94 MX$780

$16.11 $16.11

160.34%

Sport Shoes (Adidas, Nike)

$107 MX$1,999

$102 $102

5.57%

Men's Leather Business Shoes

$119 MX$2,207

$98.7 $98.7

20.25%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$18.9K

$1,404 $1,404

-27.54%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.4K

$1,346 $1,346

-46.38%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.6K

$2,282 $2,282

-13.82%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.3K

$2,114 $2,114

-33.03%

Buy Apartment in City Center (m2)

$4,203 MX$78.2K

$3,122 $3,122

34.60%

Buy Apartment Outside City Center (m2)

$2,782 MX$51.7K

$2,271 $2,271

22.48%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

6.51

81.11%

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

Last update for Monterrey: November 2, 2026

Last update for Wakefield-Peacedale, RI: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Wakefield-Peacedale, RI

$1.3K 52.4% 86.5% $624

Groceries & Markets

Monterrey

$302 18.4%

Wakefield-Peacedale, RI

$333 13% 10.4% $31

Eating Out

Monterrey

$216 13.2%

Wakefield-Peacedale, RI

$332 12.9% 53.8% $116

Monthly Utilities & Internet

Monterrey

$167 10.2%

Wakefield-Peacedale, RI

$297 11.6% 78.5% $131

Clothing & Footwear

Monterrey

$153 9.3%

Wakefield-Peacedale, RI

$115 4.5% 25.1% $38

Getting Around

Monterrey

$41 2.5%

Wakefield-Peacedale, RI

$77 3% 87.6% $36

Sport & Entertainment

Monterrey

$40 2.5%

Wakefield-Peacedale, RI

$68 2.6% 66.9% $27

Cost Breakdown

A one-bedroom apartment in the center runs $1,018 in Monterrey and $1,404 in Wakefield-Peacedale, RI. Housing cost is often the main lever when comparing two cities.

Dining out: $48 in Monterrey vs $74 in Wakefield-Peacedale, RI for a mid-range dinner for two. Groceries echo the gap at $302 vs $333 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇺🇸 Wakefield-Peacedale, RI

🕒 Local time

21:02 9:02 PM

22:02 10:02 PM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

8,487

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.38 USD

100 MXN = 4.81 EUR

1 USD = 0.895 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 7, 2026: 1 USD = 18.6 MXN (100 MXN = 5.38 USD). 1 EUR = 20.78 MXN (100 MXN = 4.81 EUR).

United States Dollar exchange rates as of November 7, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to MXN in detail →

On the map

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Between locations

Monterrey Wakefield-Peacedale, RI 3,170 km ≈ 4 h 30 min nonstop flight

From you

Monterrey
Wakefield-Peacedale, RI

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 Wakefield-Peacedale, RI: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $2,568 in Wakefield-Peacedale, RI, so Monterrey is about 36% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $2,461 in Monterrey and $3,852 in Wakefield-Peacedale, RI to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,018 in Monterrey versus $1,404 in Wakefield-Peacedale, RI. 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 $74 in Wakefield-Peacedale, RI. 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 $2,568 in Wakefield-Peacedale, RI – Monterrey is about 36% 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.

Expats usually find Monterrey gentler on the wallet – expenses run 36% less than in Wakefield-Peacedale, RI. Beyond cost, consider language, visa policies, and how big the international community is in each city.