Last update: Oct 2026

Cost of Living Comparison Between Schaumburg, IL and Monterrey

For one person, living is cheaper in Monterrey: $1,599 a month against $3,270 in Schaumburg, IL, rent and utilities included – about $20,100 less a year. Rent and utilities account for most of the difference.

Schaumburg, IL
🇺🇸 United States
$3,270
/mo nomad
Monterrey
🇲🇽 Mexico
$1,599
/mo nomad
Monthly Cost of Living

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

Monthly costs for one person with rent: $3,270 in Schaumburg, IL versus $1,599 in Monterrey.

  • Schaumburg, IL $3,270
  • Monterrey $1,599

Estimated couple costs with rent: $4,555 in Schaumburg, IL versus $2,493 in Monterrey.

  • Schaumburg, IL $4,555
  • Monterrey $2,493

Monthly costs for a family of three with rent: $5,840 in Schaumburg, IL versus $3,387 in Monterrey.

  • Schaumburg, IL $5,840
  • Monterrey $3,387

Living in Schaumburg, IL is roughly 105% more expensive than in Monterrey, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Schaumburg, IL 141% above, Monterrey 18% above.

Currency
🍽 Eating Out
Schaumburg, IL
Monterrey
Difference
Meal at Budget Restaurant
$15.02 $15.02
$13.80 MX$255
8.84%
Three-Course Dinner for Two, Mid-Range
$101 $101
$47.99 MX$887
109.73%
Fast Food Meal (McDonalds, etc)
$13.24 $13.24
$10.65 MX$197
24.32%
Cappuccino
$4.80 $4.80
$3.99 MX$73.7
20.30%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.56 $2.56
$1.66 MX$30.76
54.22%
Water (0.33 liter bottle)
$2.22 $2.22
$0.99 MX$18.21
124.24%
Local Beer (0.5 liter draught)
$4.53 $4.53
$2.36 MX$43.64
91.95%
Imported Beer (0.33 liter bottle)
$6.13 $6.13
$4.43 MX$81.8
38.37%
🛒 Groceries & Markets
Schaumburg, IL
Monterrey
Difference
Milk (1 liter)
$0.86 $0.86
$1.82 MX$33.58
-52.75%
White Bread (500g)
$4.16 $4.16
$2.83 MX$52.4
47.00%
Rice (white) (1kg)
$7.50 $7.50
$1.92 MX$35.44
290.63%
Eggs
$4.04 $4.04
$2.48 MX$45.78
62.90%
Local Cheese (1kg)
$14.89 $14.89
$11.74 MX$217
26.83%
Chicken Fillets (1kg)
$13.54 $13.54
$9.10 MX$168
48.79%
Beef Round Steak (1kg)
$17.42 $17.42
$12.53 MX$232
39.03%
Apples (1kg)
$5.36 $5.36
$3.34 MX$61.6
60.48%
Banana (1kg)
$3.06 $3.06
$1.57 MX$29.10
94.90%
Oranges (1kg)
$4.83 $4.83
$2.16 MX$39.86
123.61%
Tomato (1kg)
$4.08 $4.08
$2.47 MX$45.65
65.18%
Potato (1kg)
$3.34 $3.34
$2.31 MX$42.64
44.59%
Onion (1kg)
$3.26 $3.26
$2.68 MX$49.47
21.64%
Lettuce (1 head)
$1.97 $1.97
$1.46 MX$26.90
34.93%
Water (1.5 liter bottle)
$3.40 $3.40
$1.19 MX$22.07
185.71%
Cigarettes 20 Pack (Marlboro, Camel)
$17.77 $17.77
$4.75 MX$87.8
274.11%
Wine (Bottle)
$19.19 $19.19
$13.58 MX$251
41.31%
Local Beer (0.5 liter bottle)
-
$1.92 MX$35.52
-
Imported Beer (0.33 liter bottle)
$5.59 $5.59
$2.88 MX$53.2
94.10%
🚌 Getting Around
Schaumburg, IL
Monterrey
Difference
One-way Ticket (Public Transport)
-
$0.79 MX$14.66
-
Public Transport Monthly Pass (Regular Price)
-
$31.36 MX$579
-
Taxi Start (Normal Tariff)
-
$1.59 MX$29.44
-
Taxi (Normal Tariff) (1km)
-
$1.06 MX$19.58
-
Taxi 1hour Waiting (Normal Tariff)
-
$10.80 MX$200
-
Gasoline (1 liter)
$0.93 $0.93
$1.55 MX$28.59
-40.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.9K $25.9K
$24.2K MX$446.4K
7.01%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$29.3K $29.3K
$24.3K MX$449.4K
20.57%
🧾 Monthly Utilities & Internet
Schaumburg, IL
Monterrey
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$339 $339
$117 MX$2,159
190.62%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$77.6 $77.6
$26.38 MX$488
194.12%
Internet (50+ Mbps, Unlimited Data)
$149 $149
$26.04 MX$481
472.16%
🎉 Sport & Entertainment
Schaumburg, IL
Monterrey
Difference
Gym Membership (Monthly)
$64.1 $64.1
$30.26 MX$559
111.86%
Tennis Court (1 Hour on Weekend)
$40.45 $40.45
$21.25 MX$393
90.35%
Cinema Ticket
$19.63 $19.63
$5.23 MX$96.6
275.33%
🧸 Childcare & Education
Schaumburg, IL
Monterrey
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
-
$673 MX$12.4K
-
International Primary School, 1 Child (Yearly)
$85.0K $85.0K
$11.1K MX$205.2K
665.72%
👕👟 Clothing & Footwear
Schaumburg, IL
Monterrey
Difference
Jeans (Levis 501 Or Similar)
$74.3 $74.3
$72.1 MX$1,332
3.11%
Summer Dress (H&M, Zara, etc)
$50.7 $50.7
$42.38 MX$783
19.70%
Sport Shoes (Adidas, Nike)
$101 $101
$112 MX$2,066
-9.94%
Men's Leather Business Shoes
$121 $121
$119 MX$2,200
1.68%
🏠 Accommodation & Living
Schaumburg, IL
Monterrey
Difference
1-bedroom Apartment, City Center (Monthly)
$1,896 $1,896
$949 MX$17.5K
99.82%
1-bedroom Apartment, Outside City Center (Monthly)
$1,713 $1,713
$666 MX$12.3K
157.03%
3-bedroom Apartment, City Center (Monthly)
$2,769 $2,769
$1,821 MX$33.7K
52.03%
3-bedroom Apartment, Outside City Center (Monthly)
$2,507 $2,507
$1,271 MX$23.5K
97.19%
Buy Apartment in City Center (m2)
$2,132 $2,132
$4,050 MX$74.8K
-47.37%
Buy Apartment Outside City Center (m2)
$2,090 $2,090
$2,348 MX$43.4K
-10.98%
💵 Salaries & Financials
Schaumburg, IL
Monterrey
Difference
Average Monthly Net Salary (After Tax)
$5,001 $5,001
$1,155 MX$21.3K
332.92%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.1
11.79
-48.26%

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

Last update for Schaumburg, IL: October 19, 2026

Last update for Monterrey: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Schaumburg, IL
$1.7K
Monterrey
$666 61.1% $1K
Monthly Utilities & Internet
Schaumburg, IL
$566
Monterrey
$169 70.1% $397
Groceries & Markets
Schaumburg, IL
$461 *
Monterrey
$304 33.9% $156
Eating Out
Schaumburg, IL
$271
Monterrey
$221 18.4% $50
Clothing & Footwear
Schaumburg, IL
$156
Monterrey
$155 0.4% $0.7
Sport & Entertainment
Schaumburg, IL
$103
Monterrey
$41 60.6% $63
Getting Around
Schaumburg, IL
- *
Monterrey
$41

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 $1,896 in Schaumburg, IL and $949 in Monterrey. Housing cost is often the main lever when comparing two cities.

Schaumburg, IL pays 333% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $101 in Schaumburg, IL vs $48.00 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $461 vs $304 per month, with Monterrey cheaper across the board.

Good to know
🇺🇸 Schaumburg, IL
🇲🇽 Monterrey
🕒 Local time
23:42 11:42 PM
22:42 10:42 PM
1 h behind Schaumburg, IL
🌤 Weather
👥 Population
78,723
1,142,994
💱 Currency
Exchange rates and currency converter

MXN, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Mexican Peso exchange rates as of October 22, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

On the map
Between locations
  • Schaumburg, IL Monterrey 2,140 km ≈ 3 h 15 min nonstop flight
From you
  • Schaumburg, IL
  • 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
Schaumburg, IL vs Monterrey: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Schaumburg, IL and in Monterrey?
Schaumburg, IL and Monterrey differ by about 105% in total monthly costs ($3,270 vs $1,599 including rent). Monterrey is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city pays better: Schaumburg, IL or Monterrey?
Average pay runs 333% higher in Schaumburg, IL, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Schaumburg, IL and in Monterrey?
Rent for a central apartment: $1,896 in Schaumburg, IL versus $949 in Monterrey. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper restaurants?
Dining out is cheaper in Monterrey – a meal for two runs $48.00 versus $101 in Schaumburg, IL. If you eat out regularly, this makes a real dent in your monthly spending.
Which city is more expensive overall: Schaumburg, IL or Monterrey?
All in, you'll spend $3,270 per month in Schaumburg, IL versus $1,599 in Monterrey – a 105% gap that adds up to real savings over time for anyone picking the cheaper option.
Which city is more doable on $2,000 per month?
At $1,599 in Monterrey versus $3,270 in Schaumburg, IL, a $2,000 budget is realistic in Monterrey but tight or insufficient in Schaumburg, IL. The gap between the two cities makes Monterrey the clear choice for anyone on this budget.
How does quality of life compare between Schaumburg, IL and Monterrey?
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.
Is Schaumburg, IL or Monterrey safer for residents?
Safety-wise, Schaumburg, IL and Monterrey are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Schaumburg, IL or Monterrey?
Expats usually find Monterrey gentler on the wallet – expenses run 105% less than in Schaumburg, IL. Beyond cost, consider language, visa policies, and how big the international community is in each city.

Schaumburg, IL vs other spots: cost of living compared

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