Last update: Nov 2026

Cost of Living Comparison Between Sherbrooke and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $1,844 in Sherbrooke, rent and utilities included – about $2,400 less a year. Other living expenses account for most of the difference.

88

Cost of Living Index in Sherbrooke
Learn more

Sherbrooke Living Index
78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index

Jump to prices

Sherbrooke

🇨🇦 Canada

$1,844

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,844 in Sherbrooke versus $1,641 in Monterrey.

Sherbrooke $1,844
Monterrey $1,641

Estimated couple costs with rent: $2,816 in Sherbrooke versus $2,573 in Monterrey.

Sherbrooke $2,816
Monterrey $2,573

Monthly costs for a family of three with rent: $3,788 in Sherbrooke versus $3,504 in Monterrey.

Sherbrooke $3,788
Monterrey $3,504

Living in Sherbrooke is roughly 12% more expensive than in Monterrey, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Sherbrooke 36% above, Monterrey 21% above.

Meal at Budget Restaurant

$18.19 CA$25.58

$13.37 MX$250

36.05%

Three-Course Dinner for Two, Mid-Range

$66.9 CA$94.0

$47.95 MX$897

39.44%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.23

$10.79 MX$202

0.37%

Cappuccino

$3.24 CA$4.56

$3.77 MX$70.4

-14.06%

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

$1.98 CA$2.79

$1.51 MX$28.26

31.13%

Water (0.33 liter bottle)

$1.82 CA$2.57

$1.03 MX$19.25

76.70%

Local Beer (0.5 liter draught)

$5.63 CA$7.91

$2.48 MX$46.41

127.02%

Imported Beer (0.33 liter bottle)

$5.10 CA$7.17

$4.36 MX$81.5

16.97%

Milk (1 liter)

$2.76 CA$3.89

$1.89 MX$35.43

46.03%

White Bread (500g)

$2.74 CA$3.85

$2.85 MX$53.3

-3.86%

Rice (white) (1kg)

$3.63 CA$5.11

$1.86 MX$34.71

95.16%

Eggs

$3.14 CA$4.41

$2.47 MX$46.12

27.13%

Local Cheese (1kg)

$11.65 CA$16.38

$11.81 MX$221

-1.35%

Chicken Fillets (1kg)

$10.79 CA$15.18

$8.97 MX$168

20.29%

Beef Round Steak (1kg)

$16.37 CA$23.03

$12.57 MX$235

30.23%

Apples (1kg)

$4.14 CA$5.82

$3.20 MX$59.8

29.37%

Banana (1kg)

$1.47 CA$2.06

$1.50 MX$28.12

-2.00%

Oranges (1kg)

$3.83 CA$5.39

$2.12 MX$39.74

80.66%

Tomato (1kg)

$3.48 CA$4.90

$2.33 MX$43.64

49.36%

Potato (1kg)

$1.70 CA$2.39

$2.22 MX$41.58

-23.42%

Onion (1kg)

$2.69 CA$3.78

$2.58 MX$48.34

4.26%

Lettuce (1 head)

$1.81 CA$2.54

$1.45 MX$27.04

24.83%

Water (1.5 liter bottle)

$1.81 CA$2.55

$1.22 MX$22.85

48.36%

Cigarettes 20 Pack (Marlboro, Camel)

$12.33 CA$17.35

$4.80 MX$89.7

156.88%

Wine (Bottle)

$12.23 CA$17.20

$13.30 MX$249

-8.05%

Local Beer (0.5 liter bottle)

$4.03 CA$5.66

$1.93 MX$36.14

108.81%

Imported Beer (0.33 liter bottle)

$3.74 CA$5.25

$2.86 MX$53.4

30.77%

One-way Ticket (Public Transport)

$2.63 CA$3.69

$0.80 MX$14.94

228.75%

Public Transport Monthly Pass (Regular Price)

$63.0 CA$88.7

$30.94 MX$579

103.75%

Taxi Start (Normal Tariff)

$3.67 CA$5.16

$1.83 MX$34.28

100.55%

Taxi (Normal Tariff) (1km)

$1.50 CA$2.11

$1.06 MX$19.78

41.51%

Taxi 1hour Waiting (Normal Tariff)

$32.89 CA$46.26

$10.82 MX$202

203.97%

Gasoline (1 liter)

$1.27 CA$1.78

$1.47 MX$27.54

-13.61%

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

$28.2K CA$39.7K

$24.1K MX$450.4K

17.20%

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

$21.1K CA$29.6K

$23.5K MX$440.2K

-10.55%

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

$71.5 CA$101

$115 MX$2,144

-37.59%

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

$44.64 CA$62.8

$26.37 MX$493

69.28%

Internet (50+ Mbps, Unlimited Data)

$48.93 CA$68.8

$25.70 MX$481

90.39%

Gym Membership (Monthly)

$29.05 CA$40.86

$30.53 MX$571

-4.85%

Tennis Court (1 Hour on Weekend)

$6.77 CA$9.52

$21.27 MX$398

-68.17%

Cinema Ticket

$10.42 CA$14.66

$4.96 MX$92.8

110.08%

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

$885 CA$1,244

$679 MX$12.7K

30.35%

International Primary School, 1 Child (Yearly)

$30.6K CA$43.0K

$14.2K MX$265.3K

115.48%

Jeans (Levis 501 Or Similar)

$65.9 CA$92.7

$72.2 MX$1,350

-8.67%

Summer Dress (H&M, Zara, etc)

$31.03 CA$43.63

$41.94 MX$784

-26.01%

Sport Shoes (Adidas, Nike)

$63.7 CA$89.6

$107 MX$2,011

-40.70%

Men's Leather Business Shoes

$123 CA$173

$119 MX$2,219

3.88%

1-bedroom Apartment, City Center (Monthly)

$1,030 CA$1,448

$1,018 MX$19.0K

1.22%

1-bedroom Apartment, Outside City Center (Monthly)

$772 CA$1,086

$722 MX$13.5K

6.98%

3-bedroom Apartment, City Center (Monthly)

$1,763 CA$2,480

$1,966 MX$36.8K

-10.33%

3-bedroom Apartment, Outside City Center (Monthly)

$1,280 CA$1,800

$1,416 MX$26.5K

-9.56%

Buy Apartment in City Center (m2)

$2,190 CA$3,080

$4,203 MX$78.6K

-47.90%

Buy Apartment Outside City Center (m2)

$1,797 CA$2,527

$2,782 MX$52.0K

-35.40%

Average Monthly Net Salary (After Tax)

$2,820 CA$3,966

$1,096 MX$20.5K

157.39%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.76

11.79

-59.63%

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

Last update for Sherbrooke: November 3, 2026

Last update for Monterrey: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Sherbrooke

$772 41.9%

Monterrey

$722 44% 6.5% $50

Groceries & Markets

Sherbrooke

$374 20.3%

Monterrey

$302 18.4% 19.2% $72

Eating Out

Sherbrooke

$270 14.7%

Monterrey

$216 13.2% 20.2% $55

Monthly Utilities & Internet

Sherbrooke

$165 9%

Monterrey

$167 10.2% 1% $1.6

Clothing & Footwear

Sherbrooke

$128 6.9%

Monterrey

$153 9.3% 19.8% $25

Getting Around

Sherbrooke

$85 4.6%

Monterrey

$41 2.5% 51.3% $43

Sport & Entertainment

Sherbrooke

$50 2.7%

Monterrey

$40 2.5% 18.9% $9.4

Cost Breakdown

A one-bedroom apartment in the center runs $1,030 in Sherbrooke and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Sherbrooke pays about 2.6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $67 in Sherbrooke vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $374 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇨🇦 Sherbrooke

🇲🇽 Monterrey

🕒 Local time

15:50 3:50 PM

14:50 2:50 PM

1 h behind Sherbrooke

🌤 Weather

👥 Population

172,950

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

Sherbrooke Monterrey 3,350 km ≈ 4 h 45 min nonstop flight

From you

Sherbrooke
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

Sherbrooke vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,844 in Sherbrooke and $1,641 in Monterrey, so Monterrey is about 11% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Sherbrooke is about 2.6 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: $1,030 in Sherbrooke 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 $67 in Sherbrooke. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $1,844 per month in Sherbrooke versus $1,641 in Monterrey – Monterrey is about 11% 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 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, Sherbrooke on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.