Last update: Nov 2026

Cost of Living Comparison Between Peterborough, Canada and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $2,107 in Peterborough, rent and utilities included – about $5,600 less a year. Rent and utilities account for most of the difference.

101

Cost of Living Index in Peterborough
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Peterborough Living Index
78

Cost of Living Index in Monterrey
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Monterrey Living Index

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Peterborough

🇨🇦 Canada

$2,107

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,107 in Peterborough versus $1,641 in Monterrey.

Peterborough $2,107
Monterrey $1,641

Estimated couple costs with rent: $3,050 in Peterborough versus $2,573 in Monterrey.

Peterborough $3,050
Monterrey $2,573

Monthly costs for a family of three with rent: $3,993 in Peterborough versus $3,504 in Monterrey.

Peterborough $3,993
Monterrey $3,504

Living in Peterborough is roughly 28% more expensive than in Monterrey, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Peterborough 56% above, Monterrey 21% above.

Meal at Budget Restaurant

$11.60 CA$16.32

$13.37 MX$250

-13.24%

Three-Course Dinner for Two, Mid-Range

$72.0 CA$101

$47.95 MX$897

50.24%

Fast Food Meal (McDonalds, etc)

$10.75 CA$15.12

$10.79 MX$202

-0.37%

Cappuccino

$3.83 CA$5.39

$3.77 MX$70.4

1.59%

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

$1.81 CA$2.54

$1.51 MX$28.26

19.87%

Water (0.33 liter bottle)

$1.47 CA$2.07

$1.03 MX$19.25

42.72%

Local Beer (0.5 liter draught)

$5.28 CA$7.43

$2.48 MX$46.41

112.90%

Imported Beer (0.33 liter bottle)

$5.82 CA$8.18

$4.36 MX$81.5

33.49%

Milk (1 liter)

$2.59 CA$3.64

$1.89 MX$35.43

37.04%

White Bread (500g)

$2.45 CA$3.45

$2.85 MX$53.3

-14.04%

Rice (white) (1kg)

$2.48 CA$3.49

$1.86 MX$34.71

33.33%

Eggs

$3.26 CA$4.59

$2.47 MX$46.12

31.98%

Local Cheese (1kg)

$10.86 CA$15.28

$11.81 MX$221

-8.04%

Chicken Fillets (1kg)

$11.11 CA$15.63

$8.97 MX$168

23.86%

Beef Round Steak (1kg)

$12.80 CA$18.01

$12.57 MX$235

1.83%

Apples (1kg)

$3.35 CA$4.71

$3.20 MX$59.8

4.69%

Banana (1kg)

$1.44 CA$2.02

$1.50 MX$28.12

-4.00%

Oranges (1kg)

$3.51 CA$4.93

$2.12 MX$39.74

65.57%

Tomato (1kg)

$4.13 CA$5.81

$2.33 MX$43.64

77.25%

Potato (1kg)

$1.63 CA$2.29

$2.22 MX$41.58

-26.58%

Onion (1kg)

$2.31 CA$3.25

$2.58 MX$48.34

-10.47%

Lettuce (1 head)

$2.27 CA$3.20

$1.45 MX$27.04

56.55%

Water (1.5 liter bottle)

$1.49 CA$2.09

$1.22 MX$22.85

22.13%

Cigarettes 20 Pack (Marlboro, Camel)

$11.57 CA$16.27

$4.80 MX$89.7

141.04%

Wine (Bottle)

$12.62 CA$17.75

$13.30 MX$249

-5.11%

Local Beer (0.5 liter bottle)

$2.42 CA$3.41

$1.93 MX$36.14

25.39%

Imported Beer (0.33 liter bottle)

$1.63 CA$2.29

$2.86 MX$53.4

-43.01%

One-way Ticket (Public Transport)

$2.46 CA$3.46

$0.80 MX$14.94

207.50%

Public Transport Monthly Pass (Regular Price)

$54.3 CA$76.4

$30.94 MX$579

75.60%

Taxi Start (Normal Tariff)

$3.09 CA$4.35

$1.83 MX$34.28

68.85%

Taxi (Normal Tariff) (1km)

$1.25 CA$1.76

$1.06 MX$19.78

17.92%

Taxi 1hour Waiting (Normal Tariff)

$21.57 CA$30.33

$10.82 MX$202

99.35%

Gasoline (1 liter)

$1.18 CA$1.66

$1.47 MX$27.54

-19.73%

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

$26.4K CA$37.1K

$24.1K MX$450.4K

9.53%

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

$21.1K CA$29.7K

$23.5K MX$440.2K

-10.40%

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

$140 CA$197

$115 MX$2,144

22.36%

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

$35.14 CA$49.41

$26.37 MX$493

33.26%

Internet (50+ Mbps, Unlimited Data)

$44.89 CA$63.1

$25.70 MX$481

74.67%

Gym Membership (Monthly)

$37.59 CA$52.9

$30.53 MX$571

23.12%

Tennis Court (1 Hour on Weekend)

$14.21 CA$19.99

$21.27 MX$398

-33.19%

Cinema Ticket

$11.50 CA$16.18

$4.96 MX$92.8

131.85%

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

$344 CA$483

$679 MX$12.7K

-49.35%

International Primary School, 1 Child (Yearly)

$15.6K CA$21.9K

$14.2K MX$265.3K

9.94%

Jeans (Levis 501 Or Similar)

$46.52 CA$65.4

$72.2 MX$1,350

-35.57%

Summer Dress (H&M, Zara, etc)

$37.93 CA$53.3

$41.94 MX$784

-9.56%

Sport Shoes (Adidas, Nike)

$88.1 CA$124

$107 MX$2,011

-18.05%

Men's Leather Business Shoes

$73.9 CA$104

$119 MX$2,219

-37.75%

1-bedroom Apartment, City Center (Monthly)

$1,376 CA$1,935

$1,018 MX$19.0K

35.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,083 CA$1,522

$722 MX$13.5K

50.03%

3-bedroom Apartment, City Center (Monthly)

$2,057 CA$2,893

$1,966 MX$36.8K

4.60%

3-bedroom Apartment, Outside City Center (Monthly)

$1,631 CA$2,294

$1,416 MX$26.5K

15.22%

Buy Apartment in City Center (m2)

$6,479 CA$9,112

$4,203 MX$78.6K

54.17%

Buy Apartment Outside City Center (m2)

$6,365 CA$8,952

$2,782 MX$52.0K

128.82%

Average Monthly Net Salary (After Tax)

$3,017 CA$4,243

$1,096 MX$20.5K

175.34%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.55

11.79

-61.41%

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

Last update for Peterborough: 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

Peterborough

$1.1K 51.4%

Monterrey

$722 44% 33.3% $361

Groceries & Markets

Peterborough

$337 16%

Monterrey

$302 18.4% 10.4% $35

Eating Out

Peterborough

$222 10.6%

Monterrey

$216 13.2% 2.9% $6.4

Monthly Utilities & Internet

Peterborough

$220 10.5%

Monterrey

$167 10.2% 24.3% $54

Clothing & Footwear

Peterborough

$111 5.3%

Monterrey

$153 9.3% 38.1% $42

Getting Around

Peterborough

$74 3.5%

Monterrey

$41 2.5% 43.9% $32

Sport & Entertainment

Peterborough

$61 2.9%

Monterrey

$40 2.5% 33.3% $20

Cost Breakdown

A one-bedroom apartment in the center runs $1,376 in Peterborough and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

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

Dining out: $72 in Peterborough vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $337 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇨🇦 Peterborough

🇲🇽 Monterrey

🕒 Local time

11:35 11:35 AM

10:35 10:35 AM

1 h behind Peterborough

🌤 Weather

👥 Population

81,032

1,142,994

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.633 EUR

100 MXN = 5.35 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 = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 EUR).

Mexican Peso exchange rates as of November 6, 2026: 1 USD = 18.7 MXN (100 MXN = 5.35 USD). 1 EUR = 21.01 MXN (100 MXN = 4.76 EUR).

USD to CAD in detail →

On the map

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Highest

Between locations

Peterborough Monterrey 2,860 km ≈ 4 h nonstop flight

From you

Peterborough
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

Peterborough vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,107 in Peterborough and $1,641 in Monterrey, so Monterrey is about 22% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Peterborough 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: $1,376 in Peterborough 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 Peterborough. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,107 per month in Peterborough versus $1,641 in Monterrey – Monterrey is about 22% 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 work as nomad bases, but Monterrey delivers better value at $1,641 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Monterrey hard to pass up.

Expats usually find Monterrey gentler on the wallet – expenses run 22% less than in Peterborough. Beyond cost, consider language, visa policies, and how big the international community is in each city.