Last update: Nov 2026

Cost of Living Comparison Between Parry Sound and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $2,236 in Parry Sound, rent and utilities included – about $7,100 less a year. Higher rent and utilities in Parry Sound outweigh lower spending on other living expenses.

108

Cost of Living Index in Parry Sound
Learn more

Parry Sound Living Index
78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index

Jump to prices

Parry Sound

🇨🇦 Canada

$2,236

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,236 in Parry Sound versus $1,641 in Monterrey.

Parry Sound $2,236
Monterrey $1,641

Estimated couple costs with rent: $3,207 in Parry Sound versus $2,573 in Monterrey.

Parry Sound $3,207
Monterrey $2,573

Monthly costs for a family of three with rent: $4,178 in Parry Sound versus $3,504 in Monterrey.

Parry Sound $4,178
Monterrey $3,504

Living in Parry Sound 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: Parry Sound 65% above, Monterrey 21% above.

Meal at Budget Restaurant

$17.64 CA$24.81

$13.37 MX$250

31.94%

Three-Course Dinner for Two, Mid-Range

$52.3 CA$73.5

$47.95 MX$897

8.97%

Fast Food Meal (McDonalds, etc)

$10.84 CA$15.25

$10.79 MX$202

0.46%

Cappuccino

$3.21 CA$4.51

$3.77 MX$70.4

-14.85%

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

$1.41 CA$1.99

$1.51 MX$28.26

-6.62%

Water (0.33 liter bottle)

$1.08 CA$1.52

$1.03 MX$19.25

4.85%

Local Beer (0.5 liter draught)

$3.69 CA$5.18

$2.48 MX$46.41

48.79%

Imported Beer (0.33 liter bottle)

$4.36 CA$6.14

$4.36 MX$81.5

Milk (1 liter)

$2.01 CA$2.83

$1.89 MX$35.43

6.35%

White Bread (500g)

$2.22 CA$3.13

$2.85 MX$53.3

-22.11%

Rice (white) (1kg)

$1.55 CA$2.18

$1.86 MX$34.71

-16.67%

Eggs

$3.09 CA$4.35

$2.47 MX$46.12

25.10%

Local Cheese (1kg)

$4.17 CA$5.86

$11.81 MX$221

-64.69%

Chicken Fillets (1kg)

$10.80 CA$15.19

$8.97 MX$168

20.40%

Beef Round Steak (1kg)

$7.31 CA$10.28

$12.57 MX$235

-41.85%

Apples (1kg)

$3.44 CA$4.84

$3.20 MX$59.8

7.50%

Banana (1kg)

$0.69 CA$0.97

$1.50 MX$28.12

-54.00%

Oranges (1kg)

$0.75 CA$1.05

$2.12 MX$39.74

-64.62%

Tomato (1kg)

$2.17 CA$3.05

$2.33 MX$43.64

-6.87%

Potato (1kg)

$1.66 CA$2.34

$2.22 MX$41.58

-25.23%

Onion (1kg)

$1.40 CA$1.97

$2.58 MX$48.34

-45.74%

Lettuce (1 head)

$1.45 CA$2.04

$1.45 MX$27.04

Water (1.5 liter bottle)

$1.52 CA$2.14

$1.22 MX$22.85

24.59%

Cigarettes 20 Pack (Marlboro, Camel)

$11.99 CA$16.87

$4.80 MX$89.7

149.79%

Wine (Bottle)

$11.28 CA$15.87

$13.30 MX$249

-15.19%

Local Beer (0.5 liter bottle)

$2.83 CA$3.98

$1.93 MX$36.14

46.63%

Imported Beer (0.33 liter bottle)

$3.60 CA$5.07

$2.86 MX$53.4

25.87%

One-way Ticket (Public Transport)

$0.80 MX$14.94

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

Taxi Start (Normal Tariff)

$8.65 CA$12.16

$1.83 MX$34.28

372.68%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

Taxi 1hour Waiting (Normal Tariff)

$18.68 CA$26.27

$10.82 MX$202

72.64%

Gasoline (1 liter)

$1.08 CA$1.52

$1.47 MX$27.54

-26.53%

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

$28.0K CA$39.4K

$24.1K MX$450.4K

16.23%

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

$22.0K CA$31.0K

$23.5K MX$440.2K

-6.49%

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

$127 CA$179

$115 MX$2,144

11.05%

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

$26.58 CA$37.38

$26.37 MX$493

0.80%

Internet (50+ Mbps, Unlimited Data)

$46.43 CA$65.3

$25.70 MX$481

80.66%

Gym Membership (Monthly)

$33.45 CA$47.05

$30.53 MX$571

9.56%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$10.28 CA$14.45

$4.96 MX$92.8

107.26%

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

$512 CA$719

$679 MX$12.7K

-24.63%

International Primary School, 1 Child (Yearly)

$23.9K CA$33.7K

$14.2K MX$265.3K

68.83%

Jeans (Levis 501 Or Similar)

$43.59 CA$61.3

$72.2 MX$1,350

-39.63%

Summer Dress (H&M, Zara, etc)

$38.42 CA$54.0

$41.94 MX$784

-8.39%

Sport Shoes (Adidas, Nike)

$95.7 CA$135

$107 MX$2,011

-10.94%

Men's Leather Business Shoes

$105 CA$148

$119 MX$2,219

-11.23%

1-bedroom Apartment, City Center (Monthly)

$1,092 CA$1,535

$1,018 MX$19.0K

7.29%

1-bedroom Apartment, Outside City Center (Monthly)

$1,336 CA$1,879

$722 MX$13.5K

85.22%

3-bedroom Apartment, City Center (Monthly)

$2,181 CA$3,067

$1,966 MX$36.8K

10.91%

3-bedroom Apartment, Outside City Center (Monthly)

$2,187 CA$3,076

$1,416 MX$26.5K

54.50%

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

Buy Apartment Outside City Center (m2)

$2,782 MX$52.0K

Average Monthly Net Salary (After Tax)

$2,127 CA$2,991

$1,096 MX$20.5K

94.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.56

11.79

-61.32%

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

Last update for Parry Sound: November 1, 2026

Last update for Monterrey: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Parry Sound

$1.3K 59.8%

Monterrey

$722 44% 46% $615

Groceries & Markets

Parry Sound

$260 11.6%

Monterrey

$302 18.4% 16.1% $42

Eating Out

Parry Sound

$249 11.1%

Monterrey

$216 13.2% 13.4% $33

Monthly Utilities & Internet

Parry Sound

$200 9%

Monterrey

$167 10.2% 16.8% $34

Clothing & Footwear

Parry Sound

$127 5.7%

Monterrey

$153 9.3% 20.2% $26

Sport & Entertainment

Parry Sound

$54 2.4%

Monterrey

$40 2.5% 25.1% $14

Getting Around

Parry Sound

$8.7 * 0.4%

Monterrey

$41 2.5% 377% $33

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,092 in Parry Sound and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Parry Sound pays 94% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $52 in Parry Sound vs $48 in Monterrey. Groceries flip the comparison at $260 vs $302, with Parry Sound cheaper for home cooking.

Good to know

🇨🇦 Parry Sound

🇲🇽 Monterrey

🕒 Local time

16:05 4:05 PM

15:05 3:05 PM

1 h behind Parry Sound

🌤 Weather

👥 Population

6,800

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

Lowest

Highest

Between locations

Parry Sound Monterrey 2,840 km ≈ 4 h nonstop flight

From you

Parry Sound
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

Parry Sound vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,236 in Parry Sound and $1,641 in Monterrey, so Monterrey is about 27% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay runs 94% higher in Parry Sound, 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: $1,092 in Parry Sound versus $1,018 in Monterrey. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $512 in Parry Sound versus $679 in Monterrey. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Monterrey – a meal for two runs $48 versus $52 in Parry Sound. If you eat out regularly, this makes a real dent in your monthly spending.

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.

It comes down to priorities – Monterrey wins on affordability, Parry Sound on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.