Last update: Nov 2026

Cost of Living Comparison Between Parsippany-Troy Hills, NJ and Monterrey

For one person, living is cheaper in Monterrey: $1,651 a month against $2,753 in Parsippany-Troy Hills, NJ, rent and utilities included – about $13,200 less a year. Rent and utilities account for most of the difference.

130

Cost of Living Index in Parsippany-Troy Hills, NJ
Learn more

Parsippany-Troy Hills, NJ Living Index
79

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index

Jump to prices

Parsippany-Troy Hills, NJ

🇺🇸 United States

$2,753

/mo nomad

Monterrey

🇲🇽 Mexico

$1,651

/mo nomad

Monthly Cost of Living

How much you'll spend in Parsippany-Troy Hills, NJ 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 Parsippany-Troy Hills, NJ and in Monterrey actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,753 in Parsippany-Troy Hills, NJ versus $1,651 in Monterrey.

Parsippany-Troy Hills, NJ $2,753
Monterrey $1,651

Estimated couple costs with rent: $4,111 in Parsippany-Troy Hills, NJ versus $2,611 in Monterrey.

Parsippany-Troy Hills, NJ $4,111
Monterrey $2,611

Monthly costs for a family of three with rent: $5,469 in Parsippany-Troy Hills, NJ versus $3,571 in Monterrey.

Parsippany-Troy Hills, NJ $5,469
Monterrey $3,571

Living in Parsippany-Troy Hills, NJ is roughly 67% more expensive than in Monterrey, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Parsippany-Troy Hills, NJ 106% above, Monterrey 23% above.

Meal at Budget Restaurant

$15.06 $15.06

$13.63 MX$252

10.49%

Three-Course Dinner for Two, Mid-Range

$69.2 $69.2

$48.11 MX$890

43.84%

Fast Food Meal (McDonalds, etc)

$12.05 $12.05

$10.83 MX$200

11.27%

Cappuccino

$4.42 $4.42

$3.92 MX$72.5

12.76%

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

$2.11 $2.11

$1.48 MX$27.39

42.57%

Water (0.33 liter bottle)

$1.48 $1.48

$1.03 MX$18.97

43.69%

Local Beer (0.5 liter draught)

$7.28 $7.28

$2.46 MX$45.52

195.93%

Imported Beer (0.33 liter bottle)

$8.14 $8.14

$4.22 MX$78.1

92.89%

Milk (1 liter)

$1.17 $1.17

$1.87 MX$34.57

-37.43%

White Bread (500g)

$4.34 $4.34

$2.80 MX$51.9

55.00%

Rice (white) (1kg)

$2.63 $2.63

$1.83 MX$33.84

43.72%

Eggs

$3.59 $3.59

$2.43 MX$44.98

47.74%

Local Cheese (1kg)

$12.28 $12.28

$11.73 MX$217

4.69%

Chicken Fillets (1kg)

$6.54 $6.54

$9.10 MX$168

-28.13%

Beef Round Steak (1kg)

$14.49 $14.49

$12.49 MX$231

16.01%

Apples (1kg)

$2.61 $2.61

$3.29 MX$60.9

-20.67%

Banana (1kg)

$1.19 $1.19

$1.51 MX$27.85

-21.19%

Oranges (1kg)

$2.61 $2.61

$2.13 MX$39.32

22.54%

Tomato (1kg)

$2.83 $2.83

$2.41 MX$44.59

17.43%

Potato (1kg)

$2.17 $2.17

$2.32 MX$42.99

-6.47%

Onion (1kg)

$2.15 $2.15

$2.61 MX$48.21

-17.62%

Lettuce (1 head)

$2.90 $2.90

$1.43 MX$26.41

102.80%

Water (1.5 liter bottle)

$0.52 $0.52

$1.19 MX$21.99

-56.30%

Cigarettes 20 Pack (Marlboro, Camel)

$11.59 $11.59

$4.79 MX$88.6

141.96%

Wine (Bottle)

$15.16 $15.16

$13.43 MX$249

12.88%

Local Beer (0.5 liter bottle)

$1.77 $1.77

$1.88 MX$34.87

-5.85%

Imported Beer (0.33 liter bottle)

$1.95 $1.95

$2.96 MX$54.7

-34.12%

One-way Ticket (Public Transport)

$3.91 $3.91

$0.87 MX$16.03

349.43%

Public Transport Monthly Pass (Regular Price)

$69.0 $69.0

$30.74 MX$569

124.43%

Taxi Start (Normal Tariff)

$3.06 $3.06

$1.92 MX$35.45

59.38%

Taxi (Normal Tariff) (1km)

$2.08 $2.08

$1.05 MX$19.49

98.10%

Taxi 1hour Waiting (Normal Tariff)

$24.08 $24.08

$10.85 MX$201

121.94%

Gasoline (1 liter)

$1.08 $1.08

$1.48 MX$27.33

-27.03%

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

$27.3K $27.3K

$24.2K MX$447.5K

12.98%

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

$26.0K $26.0K

$23.7K MX$438.3K

9.84%

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

$217 $217

$117 MX$2,169

84.90%

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

$74.9 $74.9

$25.62 MX$474

192.27%

Internet (50+ Mbps, Unlimited Data)

$65.4 $65.4

$26.04 MX$482

151.27%

Gym Membership (Monthly)

$24.80 $24.80

$40.88 MX$756

-39.33%

Tennis Court (1 Hour on Weekend)

$20.75 MX$384

Cinema Ticket

$14.32 $14.32

$4.99 MX$92.4

186.97%

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

$1,510 $1,510

$694 MX$12.8K

117.55%

International Primary School, 1 Child (Yearly)

$28.0K $28.0K

$14.1K MX$261.3K

98.38%

Jeans (Levis 501 Or Similar)

$32.74 $32.74

$70.9 MX$1,312

-53.85%

Summer Dress (H&M, Zara, etc)

$47.94 $47.94

$40.78 MX$754

17.56%

Sport Shoes (Adidas, Nike)

$76.6 $76.6

$107 MX$1,982

-28.53%

Men's Leather Business Shoes

$131 $131

$119 MX$2,198

10.37%

1-bedroom Apartment, City Center (Monthly)

$1,851 $1,851

$1,044 MX$19.3K

77.25%

1-bedroom Apartment, Outside City Center (Monthly)

$1,529 $1,529

$716 MX$13.2K

113.53%

3-bedroom Apartment, City Center (Monthly)

$3,387 $3,387

$1,958 MX$36.2K

73.01%

3-bedroom Apartment, Outside City Center (Monthly)

$2,836 $2,836

$1,454 MX$26.9K

95.07%

Buy Apartment in City Center (m2)

$2,992 $2,992

$4,379 MX$81.0K

-31.66%

Buy Apartment Outside City Center (m2)

$2,444 $2,444

$2,758 MX$51.0K

-11.39%

Average Monthly Net Salary (After Tax)

$7,350 $7,350

$1,142 MX$21.1K

543.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.68

11.79

-43.34%

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

Last update for Parsippany-Troy Hills, NJ: November 8, 2026

Last update for Monterrey: November 7, 2026

Monthly budget structure

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

Accommodation & Living

Parsippany-Troy Hills, NJ

$1.5K 55.5%

Monterrey

$716 43.4% 53.2% $813

Monthly Utilities & Internet

Parsippany-Troy Hills, NJ

$357 13%

Monterrey

$169 10.2% 52.7% $188

Groceries & Markets

Parsippany-Troy Hills, NJ

$310 11.3%

Monterrey

$302 18.3% 2.4% $7.3

Eating Out

Parsippany-Troy Hills, NJ

$277 10.1%

Monterrey

$219 13.3% 20.7% $57

Clothing & Footwear

Parsippany-Troy Hills, NJ

$130 4.7%

Monterrey

$152 9.2% 17.1% $22

Getting Around

Parsippany-Troy Hills, NJ

$98 3.6%

Monterrey

$41 2.5% 57.8% $57

Sport & Entertainment

Parsippany-Troy Hills, NJ

$53 1.9%

Monterrey

$51 3.1% 4.8% $2.6

Cost Breakdown

A one-bedroom apartment in the center runs $1,851 in Parsippany-Troy Hills, NJ and $1,044 in Monterrey. Housing cost is often the main lever when comparing two cities.

Parsippany-Troy Hills, NJ pays about 6.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $69 in Parsippany-Troy Hills, NJ vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $310 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇺🇸 Parsippany-Troy Hills, NJ

🇲🇽 Monterrey

🕒 Local time

15:44 3:44 PM

14:44 2:44 PM

1 h behind Parsippany-Troy Hills, NJ

🌤 Weather

👥 Population

53,238

1,142,994

💱 Currency

United States Dollar USD $

Mexican Peso MXN $

📈 Exchange rate

1 USD = 0.891 EUR

100 MXN = 5.41 USD

100 MXN = 4.82 EUR

Exchange rates and currency converter

MXN, EUR to USD – United States Dollar Converter

🇲🇽 Mexican Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of November 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

Mexican Peso exchange rates as of November 10, 2026: 1 USD = 18.5 MXN (100 MXN = 5.41 USD). 1 EUR = 20.76 MXN (100 MXN = 4.82 EUR).

MXN to USD in detail →

On the map

Lowest

Highest

Between locations

Parsippany-Troy Hills, NJ Monterrey 2,920 km ≈ 4 h 15 min nonstop flight

From you

Parsippany-Troy Hills, NJ
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

Parsippany-Troy Hills, NJ vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,753 in Parsippany-Troy Hills, NJ and $1,651 in Monterrey, so Monterrey is about 40% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Parsippany-Troy Hills, NJ is about 6.4 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: $1,851 in Parsippany-Troy Hills, NJ versus $1,044 in Monterrey. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,510 in Parsippany-Troy Hills, NJ versus $694 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 $69 in Parsippany-Troy Hills, NJ. If you eat out regularly, this makes a real dent in your monthly spending.

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 40% less than in Parsippany-Troy Hills, NJ. Beyond cost, consider language, visa policies, and how big the international community is in each city.