Last update: Oct 2026

Cost of Living Comparison Between Montreal and Nuevo Laredo

For one person, living is cheaper in Nuevo Laredo: $1,085 a month against $2,018 in Montreal, rent and utilities included – about $11,200 less a year. Rent and utilities account for most of the difference.

99

Cost of Living Index in Montreal
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Montreal Living Index
55

Cost of Living Index in Nuevo Laredo
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Nuevo Laredo Living Index

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Montreal

🇨🇦 Canada

$2,018

/mo nomad

Nuevo Laredo

🇲🇽 Mexico

$1,085

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Nuevo Laredo

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

A single person spends $2,018 per month in Montreal vs $1,085 in Nuevo Laredo, rent included.

Montreal $2,018
Nuevo Laredo $1,085

A couple spends around $3,085 per month in Montreal vs $1,838 in Nuevo Laredo, rent included.

Montreal $3,085
Nuevo Laredo $1,838

A family of three spends $4,152 per month in Montreal vs $2,591 in Nuevo Laredo, rent included.

Montreal $4,152
Nuevo Laredo $2,591

Montreal costs about 86% more than Nuevo Laredo, and outside of rent the biggest gap is in groceries.

Montreal sits 49% above the global median, while Nuevo Laredo is 20% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.82 CA$26.61

$11.15 MX$206

68.79%

Three-Course Dinner for Two, Mid-Range

$70.3 CA$99.4

$49.35 MX$912

42.43%

Fast Food Meal (McDonalds, etc)

$10.66 CA$15.06

$6.65 MX$123

60.30%

Cappuccino

$3.84 CA$5.43

$3.65 MX$67.4

5.21%

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

$1.92 CA$2.71

$1.32 MX$24.35

45.45%

Water (0.33 liter bottle)

$1.54 CA$2.18

$1.06 MX$19.62

45.28%

Local Beer (0.5 liter draught)

$6.23 CA$8.81

$2.20 MX$40.68

183.18%

Imported Beer (0.33 liter bottle)

$7.10 CA$10.03

$3.79 MX$70.0

87.34%

Milk (1 liter)

$2.31 CA$3.27

$1.45 MX$26.87

59.31%

White Bread (500g)

$3.14 CA$4.44

$2.77 MX$51.2

13.36%

Rice (white) (1kg)

$3.21 CA$4.54

$1.61 MX$29.68

99.38%

Eggs

$3.52 CA$4.97

$2.26 MX$41.81

55.75%

Local Cheese (1kg)

$12.81 CA$18.11

$10.15 MX$188

26.21%

Chicken Fillets (1kg)

$11.46 CA$16.20

$6.01 MX$111

90.68%

Beef Round Steak (1kg)

$13.39 CA$18.92

$9.97 MX$184

34.30%

Apples (1kg)

$3.14 CA$4.43

$2.77 MX$51.2

13.36%

Banana (1kg)

$1.44 CA$2.03

$1.07 MX$19.81

34.58%

Oranges (1kg)

$3.47 CA$4.91

$1.60 MX$29.51

116.88%

Tomato (1kg)

$3.07 CA$4.34

$1.60 MX$29.54

91.87%

Potato (1kg)

$1.90 CA$2.69

$1.39 MX$25.67

36.69%

Onion (1kg)

$1.77 CA$2.50

$1.39 MX$25.72

27.34%

Lettuce (1 head)

$2.34 CA$3.31

$1.08 MX$19.98

116.67%

Water (1.5 liter bottle)

$1.55 CA$2.19

$0.80 MX$14.75

93.75%

Cigarettes 20 Pack (Marlboro, Camel)

$11.38 CA$16.09

$4.45 MX$82.2

155.73%

Wine (Bottle)

$10.63 CA$15.03

$10.47 MX$194

1.53%

Local Beer (0.5 liter bottle)

$2.27 CA$3.21

$2.35 MX$43.34

-3.40%

Imported Beer (0.33 liter bottle)

$2.82 CA$3.99

$1.45 MX$26.83

94.48%

One-way Ticket (Public Transport)

$2.66 CA$3.76

$0.64 MX$11.75

315.63%

Public Transport Monthly Pass (Regular Price)

$77.3 CA$109

Taxi Start (Normal Tariff)

$3.20 CA$4.53

$2.65 MX$49.00

20.75%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

$1.92 MX$35.42

-22.92%

Taxi 1hour Waiting (Normal Tariff)

$32.88 CA$46.48

$11.05 MX$204

197.56%

Gasoline (1 liter)

$1.34 CA$1.90

$1.15 MX$21.22

16.52%

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

$28.2K CA$39.8K

$18.8K MX$347.9K

49.54%

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

$19.6K CA$27.8K

$23.3K MX$431.0K

-15.83%

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

$76.0 CA$107

$48.25 MX$892

57.43%

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

$33.95 CA$48.00

$33.32 MX$616

1.89%

Internet (50+ Mbps, Unlimited Data)

$42.31 CA$59.8

$29.99 MX$554

41.08%

Gym Membership (Monthly)

$29.76 CA$42.07

$36.78 MX$680

-19.09%

Tennis Court (1 Hour on Weekend)

$20.28 CA$28.67

$18.39 MX$340

10.28%

Cinema Ticket

$11.15 CA$15.77

$5.62 MX$104

98.40%

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

$507 CA$717

$248 MX$4,590

104.17%

International Primary School, 1 Child (Yearly)

$16.1K CA$22.7K

$2,638 MX$48.8K

508.36%

Jeans (Levis 501 Or Similar)

$57.6 CA$81.4

$58.0 MX$1,071

-0.72%

Summer Dress (H&M, Zara, etc)

$37.58 CA$53.1

$57.1 MX$1,056

-34.23%

Sport Shoes (Adidas, Nike)

$91.9 CA$130

$85.8 MX$1,585

7.12%

Men's Leather Business Shoes

$110 CA$155

$123 MX$2,268

-10.74%

1-bedroom Apartment, City Center (Monthly)

$1,260 CA$1,782

$686 MX$12.7K

83.84%

1-bedroom Apartment, Outside City Center (Monthly)

$948 CA$1,340

$345 MX$6,378

174.52%

3-bedroom Apartment, City Center (Monthly)

$2,137 CA$3,021

$1,193 MX$22.1K

79.08%

3-bedroom Apartment, Outside City Center (Monthly)

$1,614 CA$2,281

$820 MX$15.1K

96.90%

Buy Apartment in City Center (m2)

$4,960 CA$7,011

$1,952 MX$36.1K

154.06%

Buy Apartment Outside City Center (m2)

$3,838 CA$5,425

$1,116 MX$20.6K

244.00%

Average Monthly Net Salary (After Tax)

$2,827 CA$3,997

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

10.53

-57.45%

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

Last update for Montreal: October 12, 2026

Last update for Nuevo Laredo: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$948 47%

Nuevo Laredo

$345 31.8% 63.6% $602

Groceries & Markets

Montreal

$346 17.2%

Nuevo Laredo

$239 22% 30.9% $107

Eating Out

Montreal

$288 14.3%

Nuevo Laredo

$181 16.7% 37.1% $107

Monthly Utilities & Internet

Montreal

$152 7.5%

Nuevo Laredo

$112 10.3% 26.7% $41

Clothing & Footwear

Montreal

$133 6.6%

Nuevo Laredo

$146 13.4% 9.1% $12

Getting Around

Montreal

$99 4.9%

Nuevo Laredo

$15 * 1.4% 85% $84

Sport & Entertainment

Montreal

$52 2.6%

Nuevo Laredo

$48 4.4% 7.8% $4

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,260 in Montreal versus $686 in Nuevo Laredo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $70.0 in Montreal versus $49.00 in Nuevo Laredo. Monthly groceries follow the same trend: $346 vs $239 – making Nuevo Laredo the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇲🇽 Nuevo Laredo

🕒 Local time

02:28 2:28 AM

01:28 1:28 AM

1 h behind Montreal

🌤 Weather

👥 Population

1,762,949

416,055

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 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 October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Nuevo Laredo 3,040 km ≈ 4 h 15 min nonstop flight

From you

Montreal
Nuevo Laredo

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

Montreal vs Nuevo Laredo: Cost of Living - Frequently Asked Questions

Montreal costs about 86% more than Nuevo Laredo, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,027 per month in Montreal and $1,628 in Nuevo Laredo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Nuevo Laredo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $70.0 in Montreal and $49.00 in Nuevo Laredo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 45% more in Montreal, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Nuevo Laredo, where all-in costs run around $1,085, than in Montreal at $2,018. In Nuevo Laredo it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Nuevo Laredo costs $1,085 versus $2,018 in Montreal. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Nuevo Laredo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Montreal makes more sense. Both are solid long-term options with distinct trade-offs.