Last update: Oct 2026

Cost of Living Comparison Between Nuevo Laredo and Montreal

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.

55

Cost of Living Index in Nuevo Laredo
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Nuevo Laredo Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Nuevo Laredo

🇲🇽 Mexico

$1,085

/mo nomad

Montreal

🇨🇦 Canada

$2,018

/mo nomad

Monthly Cost of Living

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

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

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

Nuevo Laredo $1,085
Montreal $2,018

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

Nuevo Laredo $1,838
Montreal $3,085

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

Nuevo Laredo $2,591
Montreal $4,152

Nuevo Laredo is about 46% cheaper than Montreal, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$11.15 MX$206

$18.82 CA$26.61

-40.75%

Three-Course Dinner for Two, Mid-Range

$49.35 MX$912

$70.3 CA$99.4

-29.79%

Fast Food Meal (McDonalds, etc)

$6.65 MX$123

$10.66 CA$15.06

-37.62%

Cappuccino

$3.65 MX$67.4

$3.84 CA$5.43

-4.95%

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

$1.32 MX$24.35

$1.92 CA$2.71

-31.25%

Water (0.33 liter bottle)

$1.06 MX$19.62

$1.54 CA$2.18

-31.17%

Local Beer (0.5 liter draught)

$2.20 MX$40.68

$6.23 CA$8.81

-64.69%

Imported Beer (0.33 liter bottle)

$3.79 MX$70.0

$7.10 CA$10.03

-46.62%

Milk (1 liter)

$1.45 MX$26.87

$2.31 CA$3.27

-37.23%

White Bread (500g)

$2.77 MX$51.2

$3.14 CA$4.44

-11.78%

Rice (white) (1kg)

$1.61 MX$29.68

$3.21 CA$4.54

-49.84%

Eggs

$2.26 MX$41.81

$3.52 CA$4.97

-35.80%

Local Cheese (1kg)

$10.15 MX$188

$12.81 CA$18.11

-20.77%

Chicken Fillets (1kg)

$6.01 MX$111

$11.46 CA$16.20

-47.56%

Beef Round Steak (1kg)

$9.97 MX$184

$13.39 CA$18.92

-25.54%

Apples (1kg)

$2.77 MX$51.2

$3.14 CA$4.43

-11.78%

Banana (1kg)

$1.07 MX$19.81

$1.44 CA$2.03

-25.69%

Oranges (1kg)

$1.60 MX$29.51

$3.47 CA$4.91

-53.89%

Tomato (1kg)

$1.60 MX$29.54

$3.07 CA$4.34

-47.88%

Potato (1kg)

$1.39 MX$25.67

$1.90 CA$2.69

-26.84%

Onion (1kg)

$1.39 MX$25.72

$1.77 CA$2.50

-21.47%

Lettuce (1 head)

$1.08 MX$19.98

$2.34 CA$3.31

-53.85%

Water (1.5 liter bottle)

$0.80 MX$14.75

$1.55 CA$2.19

-48.39%

Cigarettes 20 Pack (Marlboro, Camel)

$4.45 MX$82.2

$11.38 CA$16.09

-60.90%

Wine (Bottle)

$10.47 MX$194

$10.63 CA$15.03

-1.51%

Local Beer (0.5 liter bottle)

$2.35 MX$43.34

$2.27 CA$3.21

3.52%

Imported Beer (0.33 liter bottle)

$1.45 MX$26.83

$2.82 CA$3.99

-48.58%

One-way Ticket (Public Transport)

$0.64 MX$11.75

$2.66 CA$3.76

-75.94%

Public Transport Monthly Pass (Regular Price)

$77.3 CA$109

Taxi Start (Normal Tariff)

$2.65 MX$49.00

$3.20 CA$4.53

-17.19%

Taxi (Normal Tariff) (1km)

$1.92 MX$35.42

$1.48 CA$2.09

29.73%

Taxi 1hour Waiting (Normal Tariff)

$11.05 MX$204

$32.88 CA$46.48

-66.39%

Gasoline (1 liter)

$1.15 MX$21.22

$1.34 CA$1.90

-14.18%

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

$18.8K MX$347.9K

$28.2K CA$39.8K

-33.13%

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

$23.3K MX$431.0K

$19.6K CA$27.8K

18.81%

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

$48.25 MX$892

$76.0 CA$107

-36.48%

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

$33.32 MX$616

$33.95 CA$48.00

-1.86%

Internet (50+ Mbps, Unlimited Data)

$29.99 MX$554

$42.31 CA$59.8

-29.12%

Gym Membership (Monthly)

$36.78 MX$680

$29.76 CA$42.07

23.59%

Tennis Court (1 Hour on Weekend)

$18.39 MX$340

$20.28 CA$28.67

-9.32%

Cinema Ticket

$5.62 MX$104

$11.15 CA$15.77

-49.60%

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

$248 MX$4,590

$507 CA$717

-51.02%

International Primary School, 1 Child (Yearly)

$2,638 MX$48.8K

$16.1K CA$22.7K

-83.56%

Jeans (Levis 501 Or Similar)

$58.0 MX$1,071

$57.6 CA$81.4

0.73%

Summer Dress (H&M, Zara, etc)

$57.1 MX$1,056

$37.58 CA$53.1

52.05%

Sport Shoes (Adidas, Nike)

$85.8 MX$1,585

$91.9 CA$130

-6.65%

Men's Leather Business Shoes

$123 MX$2,268

$110 CA$155

12.03%

1-bedroom Apartment, City Center (Monthly)

$686 MX$12.7K

$1,260 CA$1,782

-45.60%

1-bedroom Apartment, Outside City Center (Monthly)

$345 MX$6,378

$948 CA$1,340

-63.57%

3-bedroom Apartment, City Center (Monthly)

$1,193 MX$22.1K

$2,137 CA$3,021

-44.16%

3-bedroom Apartment, Outside City Center (Monthly)

$820 MX$15.1K

$1,614 CA$2,281

-49.21%

Buy Apartment in City Center (m2)

$1,952 MX$36.1K

$4,960 CA$7,011

-60.64%

Buy Apartment Outside City Center (m2)

$1,116 MX$20.6K

$3,838 CA$5,425

-70.93%

Average Monthly Net Salary (After Tax)

$2,827 CA$3,997

20-Year Fixed Mortgage Interest Rate (Annual %)

10.53

4.48

135.04%

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

Last update for Nuevo Laredo: October 10, 2026

Last update for Montreal: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Nuevo Laredo

$345 31.8%

Montreal

$948 47% 175% $602

Groceries & Markets

Nuevo Laredo

$239 22%

Montreal

$346 17.2% 44.8% $107

Eating Out

Nuevo Laredo

$181 16.7%

Montreal

$288 14.3% 59% $107

Clothing & Footwear

Nuevo Laredo

$146 13.4%

Montreal

$133 6.6% 8.4% $12

Monthly Utilities & Internet

Nuevo Laredo

$112 10.3%

Montreal

$152 7.5% 36.4% $41

Sport & Entertainment

Nuevo Laredo

$48 4.4%

Montreal

$52 2.6% 8.4% $4

Getting Around

Nuevo Laredo

$15 * 1.4%

Montreal

$99 4.9% 567% $84

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

Cost Breakdown

A central one-bedroom costs $686 in Nuevo Laredo versus $1,260 in Montreal. 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 $49.00 in Nuevo Laredo versus $70.0 in Montreal. Monthly groceries follow the same trend: $239 vs $346 – making Nuevo Laredo the more affordable choice for daily food spending.

Good to know

🇲🇽 Nuevo Laredo

🇨🇦 Montreal

🕒 Local time

23:58 11:58 PM

00:58 12:58 AM

1 h ahead of Nuevo Laredo

🌤 Weather

👥 Population

416,055

1,762,949

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 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 October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

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).

USD to MXN in detail →

On the map

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Between locations

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

From you

Nuevo Laredo
Montreal

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

Nuevo Laredo vs Montreal: 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 $1,628 per month in Nuevo Laredo and $3,027 in Montreal. 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 $49.00 in Nuevo Laredo and $70.0 in Montreal. 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.