Last update: Oct 2026

Cost of Living Comparison Between Newmarket, ON and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $2,563 in Newmarket, ON, rent and utilities included – about $11,100 less a year. Rent and utilities account for most of the difference.

121

Cost of Living Index in Newmarket, ON
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Newmarket, ON Living Index
78

Cost of Living Index in Monterrey
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Monterrey Living Index

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Newmarket, ON

🇨🇦 Canada

$2,563

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

How much you'll spend in Newmarket, ON 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 Newmarket, ON and in Monterrey actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,563 in Newmarket, ON versus $1,641 in Monterrey.

Newmarket, ON $2,563
Monterrey $1,641

Estimated couple costs with rent: $3,605 in Newmarket, ON versus $2,573 in Monterrey.

Newmarket, ON $3,605
Monterrey $2,573

Monthly costs for a family of three with rent: $4,648 in Newmarket, ON versus $3,504 in Monterrey.

Newmarket, ON $4,648
Monterrey $3,504

Living in Newmarket, ON is roughly 56% more expensive than in Monterrey, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Newmarket, ON 90% above, Monterrey 21% above.

Meal at Budget Restaurant

$14.06 CA$19.71

$13.37 MX$251

5.16%

Three-Course Dinner for Two, Mid-Range

$63.1 CA$88.4

$47.95 MX$900

31.57%

Fast Food Meal (McDonalds, etc)

$8.61 CA$12.07

$10.79 MX$203

-20.20%

Cappuccino

$3.51 CA$4.92

$3.77 MX$70.7

-6.90%

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

$1.74 CA$2.44

$1.51 MX$28.37

15.23%

Water (0.33 liter bottle)

$1.31 CA$1.84

$1.03 MX$19.33

27.18%

Local Beer (0.5 liter draught)

$4.86 CA$6.82

$2.48 MX$46.60

95.97%

Imported Beer (0.33 liter bottle)

$5.91 CA$8.28

$4.36 MX$81.8

35.55%

Milk (1 liter)

$1.97 CA$2.76

$1.89 MX$35.58

4.23%

White Bread (500g)

$2.69 CA$3.78

$2.85 MX$53.5

-5.61%

Rice (white) (1kg)

$4.10 CA$5.74

$1.86 MX$34.86

120.43%

Eggs

$2.93 CA$4.10

$2.47 MX$46.31

18.62%

Local Cheese (1kg)

$9.55 CA$13.39

$11.81 MX$222

-19.14%

Chicken Fillets (1kg)

$11.20 CA$15.70

$8.97 MX$168

24.86%

Beef Round Steak (1kg)

$8.78 CA$12.30

$12.57 MX$236

-30.15%

Apples (1kg)

$4.44 CA$6.22

$3.20 MX$60.0

38.75%

Banana (1kg)

$1.23 CA$1.72

$1.50 MX$28.23

-18.00%

Oranges (1kg)

$2.89 CA$4.06

$2.12 MX$39.90

36.32%

Tomato (1kg)

$3.70 CA$5.19

$2.33 MX$43.82

58.80%

Potato (1kg)

$3.50 CA$4.90

$2.22 MX$41.75

57.66%

Onion (1kg)

$2.67 CA$3.74

$2.58 MX$48.54

3.49%

Lettuce (1 head)

$2.28 CA$3.20

$1.45 MX$27.15

57.24%

Water (1.5 liter bottle)

$0.44 CA$0.62

$1.22 MX$22.94

-63.93%

Cigarettes 20 Pack (Marlboro, Camel)

$14.16 CA$19.85

$4.80 MX$90.1

195.00%

Wine (Bottle)

$10.89 CA$15.26

$13.30 MX$250

-18.12%

Local Beer (0.5 liter bottle)

$3.51 CA$4.93

$1.93 MX$36.28

81.87%

Imported Beer (0.33 liter bottle)

$3.61 CA$5.06

$2.86 MX$53.6

26.22%

One-way Ticket (Public Transport)

$3.41 CA$4.78

$0.80 MX$15.00

326.25%

Public Transport Monthly Pass (Regular Price)

$120 CA$168

$30.94 MX$581

288.07%

Taxi Start (Normal Tariff)

$2.85 CA$4.00

$1.83 MX$34.42

55.74%

Taxi (Normal Tariff) (1km)

$1.38 CA$1.94

$1.06 MX$19.86

30.19%

Taxi 1hour Waiting (Normal Tariff)

$19.68 CA$27.58

$10.82 MX$203

81.89%

Gasoline (1 liter)

$1.12 CA$1.57

$1.47 MX$27.65

-23.81%

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

$23.4K CA$32.7K

$24.1K MX$452.3K

-3.03%

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

$19.3K CA$27.0K

$23.5K MX$442.0K

-18.06%

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

$97.4 CA$137

$115 MX$2,152

-15.01%

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

$38.50 CA$54.0

$26.37 MX$495

46.00%

Internet (50+ Mbps, Unlimited Data)

$54.7 CA$76.6

$25.70 MX$483

112.68%

Gym Membership (Monthly)

$40.32 CA$56.5

$30.53 MX$573

32.07%

Tennis Court (1 Hour on Weekend)

$21.79 CA$30.55

$21.27 MX$400

2.44%

Cinema Ticket

$10.57 CA$14.81

$4.96 MX$93.1

113.10%

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

$924 CA$1,296

$679 MX$12.7K

36.22%

International Primary School, 1 Child (Yearly)

$8,052 CA$11.3K

$14.2K MX$266.4K

-43.23%

Jeans (Levis 501 Or Similar)

$58.2 CA$81.5

$72.2 MX$1,356

-19.43%

Summer Dress (H&M, Zara, etc)

$33.87 CA$47.48

$41.94 MX$788

-19.24%

Sport Shoes (Adidas, Nike)

$92.0 CA$129

$107 MX$2,019

-14.39%

Men's Leather Business Shoes

$83.0 CA$116

$119 MX$2,228

-30.07%

1-bedroom Apartment, City Center (Monthly)

$1,595 CA$2,235

$1,018 MX$19.1K

56.73%

1-bedroom Apartment, Outside City Center (Monthly)

$1,496 CA$2,098

$722 MX$13.6K

107.38%

3-bedroom Apartment, City Center (Monthly)

$2,383 CA$3,341

$1,966 MX$36.9K

21.19%

3-bedroom Apartment, Outside City Center (Monthly)

$2,205 CA$3,091

$1,416 MX$26.6K

55.75%

Buy Apartment in City Center (m2)

$4,401 CA$6,169

$4,203 MX$78.9K

4.72%

Buy Apartment Outside City Center (m2)

$4,341 CA$6,085

$2,782 MX$52.2K

56.05%

Average Monthly Net Salary (After Tax)

$3,074 CA$4,309

$1,096 MX$20.6K

180.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

11.79

-61.58%

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

Last update for Newmarket, ON: 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

Newmarket, ON

$1.5K 58.4%

Monterrey

$722 44% 51.8% $775

Groceries & Markets

Newmarket, ON

$322 12.6%

Monterrey

$302 18.4% 6.2% $20

Eating Out

Newmarket, ON

$229 8.9%

Monterrey

$216 13.2% 5.7% $13

Monthly Utilities & Internet

Newmarket, ON

$191 7.4%

Monterrey

$167 10.2% 12.5% $24

Getting Around

Newmarket, ON

$143 5.6%

Monterrey

$41 2.5% 71.3% $102

Clothing & Footwear

Newmarket, ON

$120 4.7%

Monterrey

$153 9.3% 27.4% $33

Sport & Entertainment

Newmarket, ON

$61 2.4%

Monterrey

$40 2.5% 34.2% $21

Cost Breakdown

A one-bedroom apartment in the center runs $1,595 in Newmarket, ON and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Newmarket, ON pays about 2.8 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $63 in Newmarket, ON vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $322 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇨🇦 Newmarket, ON

🇲🇽 Monterrey

🕒 Local time

16:24 4:24 PM

15:24 3:24 PM

1 h behind Newmarket, ON

🌤 Weather

👥 Population

87,942

1,142,994

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.638 EUR

100 MXN = 5.32 USD

100 MXN = 4.76 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 = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

Mexican Peso exchange rates as of November 6, 2026: 1 USD = 18.78 MXN (100 MXN = 5.32 USD). 1 EUR = 20.99 MXN (100 MXN = 4.76 EUR).

USD to CAD in detail →

On the map

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Between locations

Newmarket, ON Monterrey 2,780 km ≈ 4 h nonstop flight

From you

Newmarket, ON
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

Newmarket, ON vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,563 in Newmarket, ON and $1,641 in Monterrey, so Monterrey is about 36% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Newmarket, ON is about 2.8 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,595 in Newmarket, ON 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 $63 in Newmarket, ON. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,563 per month in Newmarket, ON versus $1,641 in Monterrey – 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 Newmarket, ON. Beyond cost, consider language, visa policies, and how big the international community is in each city.