Last update: Nov 2026

Cost of Living Comparison Between Providenciales and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $3,299 in Providenciales, rent and utilities included – about $19,900 less a year. Rent and utilities account for most of the difference.

78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index

Jump to prices

Providenciales

🇹🇨 Turks and Caicos Islands

$3,299

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $3,299 in Providenciales versus $1,641 in Monterrey.

Providenciales $3,299
Monterrey $1,641

Estimated couple costs with rent: $6,854 in Providenciales versus $2,573 in Monterrey.

Providenciales $6,854
Monterrey $2,573

Monthly costs for a family of three with rent: $10.4K in Providenciales versus $3,504 in Monterrey.

Providenciales $10.4K
Monterrey $3,504

Living in Providenciales is roughly 101% more expensive than in Monterrey, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Providenciales 144% above, Monterrey 21% above.

Meal at Budget Restaurant

$16.28 $16.28

$13.37 MX$250

21.77%

Three-Course Dinner for Two, Mid-Range

$239 $239

$47.95 MX$897

397.71%

Fast Food Meal (McDonalds, etc)

$10.91 $10.91

$10.79 MX$202

1.11%

Cappuccino

$6.03 $6.03

$3.77 MX$70.4

59.95%

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

$2.93 $2.93

$1.51 MX$28.26

94.04%

Water (0.33 liter bottle)

$2.57 $2.57

$1.03 MX$19.25

149.51%

Local Beer (0.5 liter draught)

$5.08 $5.08

$2.48 MX$46.41

104.84%

Imported Beer (0.33 liter bottle)

$6.92 $6.92

$4.36 MX$81.5

58.72%

Milk (1 liter)

$5.88 $5.88

$1.89 MX$35.43

211.11%

White Bread (500g)

$6.16 $6.16

$2.85 MX$53.3

116.14%

Rice (white) (1kg)

$5.07 $5.07

$1.86 MX$34.71

172.58%

Eggs

$2.47 MX$46.12

Local Cheese (1kg)

$11.81 MX$221

Chicken Fillets (1kg)

$20.10 $20.10

$8.97 MX$168

124.08%

Beef Round Steak (1kg)

$18.14 $18.14

$12.57 MX$235

44.31%

Apples (1kg)

$3.97 $3.97

$3.20 MX$59.8

24.06%

Banana (1kg)

$2.36 $2.36

$1.50 MX$28.12

57.33%

Oranges (1kg)

$2.54 $2.54

$2.12 MX$39.74

19.81%

Tomato (1kg)

$2.33 MX$43.64

Potato (1kg)

$2.22 MX$41.58

Onion (1kg)

$1.98 $1.98

$2.58 MX$48.34

-23.26%

Lettuce (1 head)

$1.45 MX$27.04

Water (1.5 liter bottle)

$1.22 MX$22.85

Cigarettes 20 Pack (Marlboro, Camel)

$4.80 MX$89.7

Wine (Bottle)

$19.96 $19.96

$13.30 MX$249

50.08%

Local Beer (0.5 liter bottle)

$1.93 MX$36.14

Imported Beer (0.33 liter bottle)

$2.86 MX$53.4

One-way Ticket (Public Transport)

$0.80 MX$14.94

Public Transport Monthly Pass (Regular Price)

$30.94 MX$579

Taxi Start (Normal Tariff)

$2.92 $2.92

$1.83 MX$34.28

59.56%

Taxi (Normal Tariff) (1km)

$1.06 MX$19.78

Taxi 1hour Waiting (Normal Tariff)

$10.82 MX$202

Gasoline (1 liter)

$2.29 $2.29

$1.47 MX$27.54

55.78%

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

$24.1K MX$450.4K

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

$23.5K MX$440.2K

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

$115 MX$2,144

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

$69.9 $69.9

$26.37 MX$493

165.04%

Internet (50+ Mbps, Unlimited Data)

$161 $161

$25.70 MX$481

525.53%

Gym Membership (Monthly)

$30.53 MX$571

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$4.96 MX$92.8

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

$679 MX$12.7K

International Primary School, 1 Child (Yearly)

$14.2K MX$265.3K

Jeans (Levis 501 Or Similar)

$72.2 MX$1,350

Summer Dress (H&M, Zara, etc)

$41.94 MX$784

Sport Shoes (Adidas, Nike)

$107 MX$2,011

Men's Leather Business Shoes

$119 MX$2,219

1-bedroom Apartment, City Center (Monthly)

$1,748 $1,748

$1,018 MX$19.0K

71.83%

1-bedroom Apartment, Outside City Center (Monthly)

$2,386 $2,386

$722 MX$13.5K

230.61%

3-bedroom Apartment, City Center (Monthly)

$5,510 $5,510

$1,966 MX$36.8K

180.18%

3-bedroom Apartment, Outside City Center (Monthly)

$7,423 $7,423

$1,416 MX$26.5K

424.37%

Buy Apartment in City Center (m2)

$4,203 MX$78.6K

Buy Apartment Outside City Center (m2)

$2,138 $2,138

$2,782 MX$52.0K

-23.14%

Average Monthly Net Salary (After Tax)

$2,616 $2,616

$1,096 MX$20.5K

138.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.79

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

Last update for Providenciales: 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

Providenciales

–

Monterrey

$722 44%

Groceries & Markets

Providenciales

–

Monterrey

$302 18.4%

Eating Out

Providenciales

–

Monterrey

$216 13.2%

Monthly Utilities & Internet

Providenciales

–

Monterrey

$167 10.2%

Clothing & Footwear

Providenciales

–

Monterrey

$153 9.3%

Getting Around

Providenciales

–

Monterrey

$41 2.5%

Sport & Entertainment

Providenciales

–

Monterrey

$40 2.5%

Cost Breakdown

A one-bedroom apartment in the center runs $1,748 in Providenciales and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Providenciales pays about 2.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $239 in Providenciales vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $384 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇹🇨 Providenciales

🇲🇽 Monterrey

🕒 Local time

16:10 4:10 PM

15:10 3:10 PM

1 h behind Providenciales

🌤 Weather

👥 Population

23,769

1,142,994

💱 Currency

United States Dollar USD $

Mexican Peso MXN $

📈 Exchange rate

1 USD = 0.895 EUR

100 MXN = 5.35 USD

100 MXN = 4.78 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 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 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).

MXN to USD in detail →

On the map

Lowest

Highest

Between locations

Providenciales Monterrey 2,880 km ≈ 4 h nonstop flight

From you

Providenciales
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

Providenciales vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $3,299 in Providenciales and $1,641 in Monterrey, so Monterrey is about 50% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Providenciales is about 2.4 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: $1,748 in Providenciales 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 $239 in Providenciales. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $3,299 per month in Providenciales versus $1,641 in Monterrey – Monterrey is about 50% cheaper, which adds up to real savings over time.

At $1,641 in Monterrey versus $3,299 in Providenciales, a $3,000 budget is realistic in Monterrey but tight or insufficient in Providenciales. The gap between the two cities makes Monterrey the clear choice for anyone on this budget.

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, Providenciales on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.