Last update: Oct 2026

Cost of Living Comparison Between Montmagny and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $2,233 in Montmagny, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

106

Cost of Living Index in Montmagny
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Montmagny Living Index
78

Cost of Living Index in Monterrey
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Monterrey Living Index

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Montmagny

🇨🇦 Canada

$2,233

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

How much you'll spend in Montmagny and in Monterrey

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Montmagny and in Monterrey actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,233 in Montmagny versus $1,641 in Monterrey.

Montmagny $2,233
Monterrey $1,641

Estimated couple costs with rent: $3,252 in Montmagny versus $2,573 in Monterrey.

Montmagny $3,252
Monterrey $2,573

Monthly costs for a family of three with rent: $4,271 in Montmagny versus $3,504 in Monterrey.

Montmagny $4,271
Monterrey $3,504

Living in Montmagny is roughly 36% more expensive than in Monterrey, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Montmagny 65% above, Monterrey 21% above.

Meal at Budget Restaurant

$19.23 CA$27.04

$13.37 MX$250

43.83%

Three-Course Dinner for Two, Mid-Range

$72.7 CA$102

$47.95 MX$897

51.64%

Fast Food Meal (McDonalds, etc)

$10.61 CA$14.93

$10.79 MX$202

-1.67%

Cappuccino

$3.90 CA$5.49

$3.77 MX$70.4

3.45%

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

$1.96 CA$2.75

$1.51 MX$28.26

29.80%

Water (0.33 liter bottle)

$1.52 CA$2.13

$1.03 MX$19.25

47.57%

Local Beer (0.5 liter draught)

$6.28 CA$8.83

$2.48 MX$46.41

153.23%

Imported Beer (0.33 liter bottle)

$7.31 CA$10.28

$4.36 MX$81.5

67.66%

Milk (1 liter)

$2.32 CA$3.26

$1.89 MX$35.43

22.75%

White Bread (500g)

$3.07 CA$4.32

$2.85 MX$53.3

7.72%

Rice (white) (1kg)

$3.18 CA$4.48

$1.86 MX$34.71

70.97%

Eggs

$3.62 CA$5.09

$2.47 MX$46.12

46.56%

Local Cheese (1kg)

$13.23 CA$18.61

$11.81 MX$221

12.02%

Chicken Fillets (1kg)

$11.44 CA$16.08

$8.97 MX$168

27.54%

Beef Round Steak (1kg)

$14.06 CA$19.77

$12.57 MX$235

11.85%

Apples (1kg)

$3.28 CA$4.61

$3.20 MX$59.8

2.50%

Banana (1kg)

$1.46 CA$2.05

$1.50 MX$28.12

-2.67%

Oranges (1kg)

$3.51 CA$4.94

$2.12 MX$39.74

65.57%

Tomato (1kg)

$3.19 CA$4.49

$2.33 MX$43.64

36.91%

Potato (1kg)

$1.96 CA$2.75

$2.22 MX$41.58

-11.71%

Onion (1kg)

$1.81 CA$2.55

$2.58 MX$48.34

-29.84%

Lettuce (1 head)

$2.48 CA$3.49

$1.45 MX$27.04

71.03%

Water (1.5 liter bottle)

$1.51 CA$2.12

$1.22 MX$22.85

23.77%

Cigarettes 20 Pack (Marlboro, Camel)

$11.27 CA$15.86

$4.80 MX$89.7

134.79%

Wine (Bottle)

$10.78 CA$15.16

$13.30 MX$249

-18.95%

Local Beer (0.5 liter bottle)

$2.34 CA$3.29

$1.93 MX$36.14

21.24%

Imported Beer (0.33 liter bottle)

$2.88 CA$4.05

$2.86 MX$53.4

0.70%

One-way Ticket (Public Transport)

$2.26 CA$3.17

$0.80 MX$14.94

182.50%

Public Transport Monthly Pass (Regular Price)

$62.0 CA$87.2

$30.94 MX$579

100.29%

Taxi Start (Normal Tariff)

$3.24 CA$4.56

$1.83 MX$34.28

77.05%

Taxi (Normal Tariff) (1km)

$1.45 CA$2.04

$1.06 MX$19.78

36.79%

Taxi 1hour Waiting (Normal Tariff)

$32.51 CA$45.72

$10.82 MX$202

200.46%

Gasoline (1 liter)

$1.32 CA$1.86

$1.47 MX$27.54

-10.20%

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

$28.3K CA$39.8K

$24.1K MX$450.4K

17.61%

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

$21.3K CA$30.0K

$23.5K MX$440.2K

-9.34%

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

$78.8 CA$111

$115 MX$2,144

-31.25%

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

$35.18 CA$49.48

$26.37 MX$493

33.41%

Internet (50+ Mbps, Unlimited Data)

$43.37 CA$61.0

$25.70 MX$481

68.75%

Gym Membership (Monthly)

$37.06 CA$52.1

$30.53 MX$571

21.39%

Tennis Court (1 Hour on Weekend)

$18.44 CA$25.93

$21.27 MX$398

-13.31%

Cinema Ticket

$11.30 CA$15.89

$4.96 MX$92.8

127.82%

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

$516 CA$726

$679 MX$12.7K

-23.91%

International Primary School, 1 Child (Yearly)

$16.6K CA$23.4K

$14.2K MX$265.3K

17.13%

Jeans (Levis 501 Or Similar)

$58.3 CA$82.0

$72.2 MX$1,350

-19.29%

Summer Dress (H&M, Zara, etc)

$38.90 CA$54.7

$41.94 MX$784

-7.25%

Sport Shoes (Adidas, Nike)

$92.3 CA$130

$107 MX$2,011

-14.10%

Men's Leather Business Shoes

$109 CA$154

$119 MX$2,219

-7.86%

1-bedroom Apartment, City Center (Monthly)

$1,276 CA$1,794

$1,018 MX$19.0K

25.40%

1-bedroom Apartment, Outside City Center (Monthly)

$1,156 CA$1,625

$722 MX$13.5K

60.18%

3-bedroom Apartment, City Center (Monthly)

$2,013 CA$2,830

$1,966 MX$36.8K

2.35%

3-bedroom Apartment, Outside City Center (Monthly)

$1,710 CA$2,405

$1,416 MX$26.5K

20.78%

Buy Apartment in City Center (m2)

$4,338 CA$6,101

$4,203 MX$78.6K

3.22%

Buy Apartment Outside City Center (m2)

$3,553 CA$4,996

$2,782 MX$52.0K

27.72%

Average Monthly Net Salary (After Tax)

$1,096 MX$20.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

11.79

-62.00%

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

Last update for Montmagny: October 31, 2026

Last update for Monterrey: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Montmagny

$1.2K 51.8%

Monterrey

$722 44% 37.6% $434

Groceries & Markets

Montmagny

$352 15.8%

Monterrey

$302 18.4% 14.1% $50

Eating Out

Montmagny

$292 13.1%

Monterrey

$216 13.2% 26.2% $77

Monthly Utilities & Internet

Montmagny

$157 7.1%

Monterrey

$167 10.2% 5.9% $9.3

Clothing & Footwear

Montmagny

$134 6%

Monterrey

$153 9.3% 13.9% $19

Getting Around

Montmagny

$81 3.7%

Monterrey

$41 2.5% 49.4% $40

Sport & Entertainment

Montmagny

$60 2.7%

Monterrey

$40 2.5% 32.2% $19

Cost Breakdown

A one-bedroom apartment in the center runs $1,276 in Montmagny and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Dining out: $73 in Montmagny vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $352 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇨🇦 Montmagny

🇲🇽 Monterrey

🕒 Local time

17:40 5:40 PM

16:40 4:40 PM

1 h behind Montmagny

🌤 Weather

👥 Population

10,999

1,142,994

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.636 EUR

100 MXN = 5.35 USD

100 MXN = 4.78 EUR

Exchange rates and currency converter

MXN, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.57 CAD (1 CAD = 0.636 EUR).

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).

USD to CAD in detail →

On the map

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Montmagny Monterrey 3,530 km ≈ 5 h nonstop flight

From you

Montmagny
Monterrey

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

Montmagny vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,233 in Montmagny and $1,641 in Monterrey, so Monterrey is about 27% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $3,350 in Montmagny and $2,461 in Monterrey 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: $1,276 in Montmagny versus $1,018 in Monterrey. 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 $73 in Montmagny. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,233 per month in Montmagny versus $1,641 in Monterrey – Monterrey is about 27% 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 27% less than in Montmagny. Beyond cost, consider language, visa policies, and how big the international community is in each city.