Last update: Nov 2026

Cost of Living Comparison Between Oakville and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $2,839 in Oakville, rent and utilities included – about $14,400 less a year. Rent and utilities account for most of the difference.

135

Cost of Living Index in Oakville
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Oakville Living Index
78

Cost of Living Index in Monterrey
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Monterrey Living Index

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Oakville

🇨🇦 Canada

$2,839

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,839 in Oakville versus $1,641 in Monterrey.

Oakville $2,839
Monterrey $1,641

Estimated couple costs with rent: $3,938 in Oakville versus $2,573 in Monterrey.

Oakville $3,938
Monterrey $2,573

Monthly costs for a family of three with rent: $5,037 in Oakville versus $3,504 in Monterrey.

Oakville $5,037
Monterrey $3,504

Living in Oakville is roughly 73% more expensive than in Monterrey, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Oakville 110% above, Monterrey 21% above.

Meal at Budget Restaurant

$14.19 CA$20.04

$13.37 MX$249

6.13%

Three-Course Dinner for Two, Mid-Range

$72.5 CA$102

$47.95 MX$892

51.16%

Fast Food Meal (McDonalds, etc)

$9.35 CA$13.22

$10.79 MX$201

-13.35%

Cappuccino

$3.83 CA$5.41

$3.77 MX$70.0

1.59%

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

$2.18 CA$3.08

$1.51 MX$28.09

44.37%

Water (0.33 liter bottle)

$1.76 CA$2.49

$1.03 MX$19.14

70.87%

Local Beer (0.5 liter draught)

$5.85 CA$8.26

$2.48 MX$46.14

135.89%

Imported Beer (0.33 liter bottle)

$6.35 CA$8.98

$4.36 MX$81.0

45.64%

Milk (1 liter)

$2.68 CA$3.78

$1.89 MX$35.23

41.80%

White Bread (500g)

$3.30 CA$4.67

$2.85 MX$53.0

15.79%

Rice (white) (1kg)

$3.51 CA$4.95

$1.86 MX$34.52

88.71%

Eggs

$4.22 CA$5.96

$2.47 MX$45.86

70.85%

Local Cheese (1kg)

$10.67 CA$15.07

$11.81 MX$220

-9.65%

Chicken Fillets (1kg)

$11.93 CA$16.86

$8.97 MX$167

33.00%

Beef Round Steak (1kg)

$19.68 CA$27.81

$12.57 MX$234

56.56%

Apples (1kg)

$3.48 CA$4.91

$3.20 MX$59.4

8.75%

Banana (1kg)

$1.86 CA$2.63

$1.50 MX$27.96

24.00%

Oranges (1kg)

$3.19 CA$4.51

$2.12 MX$39.52

50.47%

Tomato (1kg)

$3.01 CA$4.25

$2.33 MX$43.39

29.18%

Potato (1kg)

$2.38 CA$3.36

$2.22 MX$41.34

7.21%

Onion (1kg)

$2.75 CA$3.89

$2.58 MX$48.07

6.59%

Lettuce (1 head)

$2.17 CA$3.07

$1.45 MX$26.88

49.66%

Water (1.5 liter bottle)

$1.77 CA$2.50

$1.22 MX$22.72

45.08%

Cigarettes 20 Pack (Marlboro, Camel)

$14.23 CA$20.11

$4.80 MX$89.2

196.46%

Wine (Bottle)

$13.69 CA$19.35

$13.30 MX$247

2.93%

Local Beer (0.5 liter bottle)

$3.26 CA$4.61

$1.93 MX$35.93

68.91%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$2.86 MX$53.1

-11.54%

One-way Ticket (Public Transport)

$2.82 CA$3.98

$0.80 MX$14.85

252.50%

Public Transport Monthly Pass (Regular Price)

$104 CA$146

$30.94 MX$575

234.87%

Taxi Start (Normal Tariff)

$3.32 CA$4.68

$1.83 MX$34.08

81.42%

Taxi (Normal Tariff) (1km)

$1.35 CA$1.91

$1.06 MX$19.66

27.36%

Taxi 1hour Waiting (Normal Tariff)

$21.42 CA$30.26

$10.82 MX$201

97.97%

Gasoline (1 liter)

$1.20 CA$1.70

$1.47 MX$27.39

-18.37%

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

$28.1K CA$39.7K

$24.1K MX$447.9K

16.65%

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

$21.3K CA$30.0K

$23.5K MX$437.7K

-9.65%

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

$90.4 CA$128

$115 MX$2,132

-21.12%

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

$29.28 CA$41.37

$26.37 MX$490

11.04%

Internet (50+ Mbps, Unlimited Data)

$47.56 CA$67.2

$25.70 MX$478

85.06%

Gym Membership (Monthly)

$41.94 CA$59.3

$30.53 MX$568

37.37%

Tennis Court (1 Hour on Weekend)

$21.27 MX$396

Cinema Ticket

$10.05 CA$14.19

$4.96 MX$92.2

102.62%

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

$1,081 CA$1,527

$679 MX$12.6K

59.25%

International Primary School, 1 Child (Yearly)

$26.0K CA$36.7K

$14.2K MX$263.8K

83.38%

Jeans (Levis 501 Or Similar)

$67.3 CA$95.1

$72.2 MX$1,343

-6.76%

Summer Dress (H&M, Zara, etc)

$93.0 CA$131

$41.94 MX$780

121.79%

Sport Shoes (Adidas, Nike)

$130 CA$183

$107 MX$1,999

20.49%

Men's Leather Business Shoes

$107 CA$152

$119 MX$2,207

-9.48%

1-bedroom Apartment, City Center (Monthly)

$1,872 CA$2,644

$1,018 MX$18.9K

83.93%

1-bedroom Apartment, Outside City Center (Monthly)

$1,672 CA$2,362

$722 MX$13.4K

131.66%

3-bedroom Apartment, City Center (Monthly)

$2,581 CA$3,647

$1,966 MX$36.6K

31.28%

3-bedroom Apartment, Outside City Center (Monthly)

$2,317 CA$3,274

$1,416 MX$26.3K

63.69%

Buy Apartment in City Center (m2)

$4,871 CA$6,882

$4,203 MX$78.2K

15.90%

Buy Apartment Outside City Center (m2)

$6,011 CA$8,492

$2,782 MX$51.7K

116.08%

Average Monthly Net Salary (After Tax)

$3,160 CA$4,464

$1,096 MX$20.4K

188.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.26

11.79

-55.39%

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

Last update for Oakville: November 2, 2026

Last update for Monterrey: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Oakville

$1.7K 58.9%

Monterrey

$722 44% 56.8% $950

Groceries & Markets

Oakville

$389 13.7%

Monterrey

$302 18.4% 22.4% $87

Eating Out

Oakville

$245 8.6%

Monterrey

$216 13.2% 12% $29

Clothing & Footwear

Oakville

$179 6.3%

Monterrey

$153 9.3% 14.3% $26

Monthly Utilities & Internet

Oakville

$167 5.9%

Monterrey

$167 10.2% 0.3% $0.6

Getting Around

Oakville

$125 4.4%

Monterrey

$41 2.5% 67% $84

Sport & Entertainment

Oakville

$62 2.2%

Monterrey

$40 2.5% 34.8% $22

Cost Breakdown

A one-bedroom apartment in the center runs $1,872 in Oakville and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Oakville pays about 2.9 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Oakville vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $389 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇨🇦 Oakville

🇲🇽 Monterrey

🕒 Local time

12:31 12:31 PM

11:31 11:31 AM

1 h behind Oakville

🌤 Weather

👥 Population

193,832

1,142,994

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.708 USD

1 CAD = 0.635 EUR

100 MXN = 5.38 USD

100 MXN = 4.83 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 7, 2026: 1 USD = 1.41 CAD (1 CAD = 0.708 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

Mexican Peso exchange rates as of November 7, 2026: 1 USD = 18.6 MXN (100 MXN = 5.38 USD). 1 EUR = 20.72 MXN (100 MXN = 4.83 EUR).

USD to CAD in detail →

On the map

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Between locations

Oakville Monterrey 2,720 km ≈ 4 h nonstop flight

From you

Oakville
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

Oakville vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,839 in Oakville and $1,641 in Monterrey, so Monterrey is about 42% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Oakville is about 2.9 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: $1,872 in Oakville 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 $72 in Oakville. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,839 per month in Oakville versus $1,641 in Monterrey – Monterrey is about 42% cheaper, which adds up to real savings over time.

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 42% less than in Oakville. Beyond cost, consider language, visa policies, and how big the international community is in each city.