Last update: Nov 2026

Cost of Living Comparison Between Monterrey and Welland

For one person, living is cheaper in Monterrey: $1,641 a month against $2,111 in Welland, 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
102

Cost of Living Index in Welland
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Welland Living Index

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Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Welland

🇨🇦 Canada

$2,111

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterrey and in Welland

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

Monthly costs for one person with rent: $1,641 in Monterrey versus $2,111 in Welland.

Monterrey $1,641
Welland $2,111

Estimated couple costs with rent: $2,573 in Monterrey versus $2,991 in Welland.

Monterrey $2,573
Welland $2,991

Monthly costs for a family of three with rent: $3,504 in Monterrey versus $3,872 in Welland.

Monterrey $3,504
Welland $3,872

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

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

Meal at Budget Restaurant

$13.37 MX$250

$14.44 CA$20.31

-7.41%

Three-Course Dinner for Two, Mid-Range

$47.95 MX$897

$56.4 CA$79.3

-14.95%

Fast Food Meal (McDonalds, etc)

$10.79 MX$202

$9.12 CA$12.82

18.31%

Cappuccino

$3.77 MX$70.4

$3.13 CA$4.40

20.45%

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

$1.51 MX$28.26

$2.18 CA$3.07

-30.73%

Water (0.33 liter bottle)

$1.03 MX$19.25

$1.68 CA$2.37

-38.69%

Local Beer (0.5 liter draught)

$2.48 MX$46.41

$4.70 CA$6.61

-47.23%

Imported Beer (0.33 liter bottle)

$4.36 MX$81.5

$5.57 CA$7.83

-21.72%

Milk (1 liter)

$1.89 MX$35.43

$2.17 CA$3.06

-12.90%

White Bread (500g)

$2.85 MX$53.3

$2.66 CA$3.74

7.14%

Rice (white) (1kg)

$1.86 MX$34.71

$3.35 CA$4.72

-44.48%

Eggs

$2.47 MX$46.12

$4.30 CA$6.05

-42.56%

Local Cheese (1kg)

$11.81 MX$221

$10.69 CA$15.04

10.48%

Chicken Fillets (1kg)

$8.97 MX$168

$11.35 CA$15.96

-20.97%

Beef Round Steak (1kg)

$12.57 MX$235

$14.06 CA$19.77

-10.60%

Apples (1kg)

$3.20 MX$59.8

$3.31 CA$4.66

-3.32%

Banana (1kg)

$1.50 MX$28.12

$1.46 CA$2.06

2.74%

Oranges (1kg)

$2.12 MX$39.74

$3.28 CA$4.61

-35.37%

Tomato (1kg)

$2.33 MX$43.64

$3.01 CA$4.23

-22.59%

Potato (1kg)

$2.22 MX$41.58

$2.28 CA$3.21

-2.63%

Onion (1kg)

$2.58 MX$48.34

$2.64 CA$3.71

-2.27%

Lettuce (1 head)

$1.45 MX$27.04

$2.74 CA$3.85

-47.08%

Water (1.5 liter bottle)

$1.22 MX$22.85

$1.30 CA$1.82

-6.15%

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

$13.73 CA$19.31

-65.04%

Wine (Bottle)

$13.30 MX$249

$12.81 CA$18.01

3.83%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

$3.06 CA$4.30

-36.93%

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

$2.52 CA$3.55

13.49%

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

$2.75 CA$3.87

-33.45%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

$1.35 CA$1.90

-21.48%

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

$21.39 CA$30.08

-49.42%

Gasoline (1 liter)

$1.47 MX$27.54

$1.16 CA$1.63

26.72%

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

$24.1K MX$450.4K

$26.4K CA$37.1K

-8.80%

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

$23.5K MX$440.2K

$21.5K CA$30.2K

9.68%

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

$115 MX$2,144

$179 CA$252

-36.03%

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

$26.37 MX$493

$33.95 CA$47.74

-22.33%

Internet (50+ Mbps, Unlimited Data)

$25.70 MX$481

$48.85 CA$68.7

-47.39%

Gym Membership (Monthly)

$30.53 MX$571

$31.00 CA$43.59

-1.52%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

$43.63 CA$61.4

-51.25%

Cinema Ticket

$4.96 MX$92.8

$11.16 CA$15.69

-55.56%

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

$679 MX$12.7K

$513 CA$722

32.26%

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

$20.5K CA$28.8K

-30.76%

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

$70.9 CA$99.7

1.88%

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

$52.5 CA$73.8

-20.11%

Sport Shoes (Adidas, Nike)

$107 MX$2,011

$108 CA$152

-0.36%

Men's Leather Business Shoes

$119 MX$2,219

$93.4 CA$131

27.04%

1-bedroom Apartment, City Center (Monthly)

$1,018 MX$19.0K

$1,103 CA$1,551

-7.72%

1-bedroom Apartment, Outside City Center (Monthly)

$722 MX$13.5K

$1,061 CA$1,492

-32.01%

3-bedroom Apartment, City Center (Monthly)

$1,966 MX$36.8K

$1,877 CA$2,639

4.79%

3-bedroom Apartment, Outside City Center (Monthly)

$1,416 MX$26.5K

$1,540 CA$2,166

-8.10%

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

$3,036 CA$4,270

-63.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

5.71

106.48%

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

Last update for Monterrey: November 2, 2026

Last update for Welland: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Monterrey

$722 44%

Welland

$1.1K 50.3% 47.1% $340

Groceries & Markets

Monterrey

$302 18.4%

Welland

$348 16.5% 15.2% $46

Eating Out

Monterrey

$216 13.2%

Welland

$231 10.9% 6.8% $15

Monthly Utilities & Internet

Monterrey

$167 10.2%

Welland

$262 12.4% 57.2% $95

Clothing & Footwear

Monterrey

$153 9.3%

Welland

$146 6.9% 4.6% $7

Getting Around

Monterrey

$41 2.5%

Welland

$9.5 * 0.5% 77% $32

Sport & Entertainment

Monterrey

$40 2.5%

Welland

$53 2.5% 31.8% $13

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 $1,103 in Welland. Housing cost is often the main lever when comparing two cities.

Welland 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 $56 in Welland for a mid-range dinner for two. Groceries echo the gap at $302 vs $348 per month, with Monterrey cheaper across the board.

Good to know

🇲🇽 Monterrey

🇨🇦 Welland

🕒 Local time

09:59 9:59 AM

10:59 10:59 AM

1 h ahead of Monterrey

🌤 Weather

👥 Population

1,142,994

52,293

💱 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

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Between locations

Monterrey Welland 2,710 km ≈ 4 h nonstop flight

From you

Monterrey
Welland

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 Welland: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,641 in Monterrey and $2,111 in Welland, 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 $1,103 in Welland. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $679 in Monterrey versus $513 in Welland. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Monterrey – a meal for two runs $48 versus $56 in Welland. If you eat out regularly, this makes a real dent in your monthly spending.

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, Welland on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.