Last update: Nov 2026

Cost of Living Comparison Between Troy, NY and Monterrey

For one person, living is cheaper in Monterrey: $1,641 a month against $2,407 in Troy, NY, rent and utilities included – about $9,200 less a year. Rent and utilities account for about half of the difference.

115

Cost of Living Index in Troy, NY
Learn more

Troy, NY Living Index
78

Cost of Living Index in Monterrey
Learn more

Monterrey Living Index

Jump to prices

Troy, NY

🇺🇸 United States

$2,407

/mo nomad

Monterrey

🇲🇽 Mexico

$1,641

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,407 in Troy, NY versus $1,641 in Monterrey.

Troy, NY $2,407
Monterrey $1,641

Estimated couple costs with rent: $3,928 in Troy, NY versus $2,573 in Monterrey.

Troy, NY $3,928
Monterrey $2,573

Monthly costs for a family of three with rent: $5,450 in Troy, NY versus $3,504 in Monterrey.

Troy, NY $5,450
Monterrey $3,504

Living in Troy, NY is roughly 47% more expensive than in Monterrey, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Troy, NY 78% above, Monterrey 21% above.

Meal at Budget Restaurant

$18.24 $18.24

$13.37 MX$250

36.42%

Three-Course Dinner for Two, Mid-Range

$77.8 $77.8

$47.95 MX$897

62.15%

Fast Food Meal (McDonalds, etc)

$12.19 $12.19

$10.79 MX$202

12.97%

Cappuccino

$6.53 $6.53

$3.77 MX$70.4

73.21%

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

$2.64 $2.64

$1.51 MX$28.26

74.83%

Water (0.33 liter bottle)

$2.02 $2.02

$1.03 MX$19.25

96.12%

Local Beer (0.5 liter draught)

$7.06 $7.06

$2.48 MX$46.41

184.68%

Imported Beer (0.33 liter bottle)

$7.34 $7.34

$4.36 MX$81.5

68.35%

Milk (1 liter)

$1.05 $1.05

$1.89 MX$35.43

-44.44%

White Bread (500g)

$3.28 $3.28

$2.85 MX$53.3

15.09%

Rice (white) (1kg)

$4.55 $4.55

$1.86 MX$34.71

144.62%

Eggs

$4.12 $4.12

$2.47 MX$46.12

66.80%

Local Cheese (1kg)

$10.87 $10.87

$11.81 MX$221

-7.96%

Chicken Fillets (1kg)

$13.63 $13.63

$8.97 MX$168

51.95%

Beef Round Steak (1kg)

$18.21 $18.21

$12.57 MX$235

44.87%

Apples (1kg)

$4.97 $4.97

$3.20 MX$59.8

55.31%

Banana (1kg)

$1.42 $1.42

$1.50 MX$28.12

-5.33%

Oranges (1kg)

$5.37 $5.37

$2.12 MX$39.74

153.30%

Tomato (1kg)

$4.67 $4.67

$2.33 MX$43.64

100.43%

Potato (1kg)

$2.96 $2.96

$2.22 MX$41.58

33.33%

Onion (1kg)

$3.52 $3.52

$2.58 MX$48.34

36.43%

Lettuce (1 head)

$2.23 $2.23

$1.45 MX$27.04

53.79%

Water (1.5 liter bottle)

$2.03 $2.03

$1.22 MX$22.85

66.39%

Cigarettes 20 Pack (Marlboro, Camel)

$14.91 $14.91

$4.80 MX$89.7

210.63%

Wine (Bottle)

$14.25 $14.25

$13.30 MX$249

7.14%

Local Beer (0.5 liter bottle)

$1.98 $1.98

$1.93 MX$36.14

2.59%

Imported Beer (0.33 liter bottle)

$3.99 $3.99

$2.86 MX$53.4

39.51%

One-way Ticket (Public Transport)

$1.34 $1.34

$0.80 MX$14.94

67.50%

Public Transport Monthly Pass (Regular Price)

$64.6 $64.6

$30.94 MX$579

108.66%

Taxi Start (Normal Tariff)

$2.76 $2.76

$1.83 MX$34.28

50.82%

Taxi (Normal Tariff) (1km)

$1.35 $1.35

$1.06 MX$19.78

27.36%

Taxi 1hour Waiting (Normal Tariff)

$20.09 $20.09

$10.82 MX$202

85.67%

Gasoline (1 liter)

$1.14 $1.14

$1.47 MX$27.54

-22.45%

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

$27.2K $27.2K

$24.1K MX$450.4K

13.06%

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

$26.0K $26.0K

$23.5K MX$440.2K

10.62%

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

$210 $210

$115 MX$2,144

83.26%

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

$58.9 $58.9

$26.37 MX$493

123.44%

Internet (50+ Mbps, Unlimited Data)

$73.7 $73.7

$25.70 MX$481

186.65%

Gym Membership (Monthly)

$44.42 $44.42

$30.53 MX$571

45.50%

Tennis Court (1 Hour on Weekend)

$21.27 MX$398

Cinema Ticket

$15.21 $15.21

$4.96 MX$92.8

206.65%

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

$1,467 $1,467

$679 MX$12.7K

116.12%

International Primary School, 1 Child (Yearly)

$16.4K $16.4K

$14.2K MX$265.3K

15.81%

Jeans (Levis 501 Or Similar)

$54.4 $54.4

$72.2 MX$1,350

-24.70%

Summer Dress (H&M, Zara, etc)

$47.18 $47.18

$41.94 MX$784

12.49%

Sport Shoes (Adidas, Nike)

$100 $100

$107 MX$2,011

-6.74%

Men's Leather Business Shoes

$120 $120

$119 MX$2,219

1.31%

1-bedroom Apartment, City Center (Monthly)

$1,309 $1,309

$1,018 MX$19.0K

28.67%

1-bedroom Apartment, Outside City Center (Monthly)

$1,028 $1,028

$722 MX$13.5K

42.53%

3-bedroom Apartment, City Center (Monthly)

$2,966 $2,966

$1,966 MX$36.8K

50.84%

3-bedroom Apartment, Outside City Center (Monthly)

$2,428 $2,428

$1,416 MX$26.5K

71.52%

Buy Apartment in City Center (m2)

$2,605 $2,605

$4,203 MX$78.6K

-38.01%

Buy Apartment Outside City Center (m2)

$2,639 $2,639

$2,782 MX$52.0K

-5.13%

Average Monthly Net Salary (After Tax)

$7,730 $7,730

$1,096 MX$20.5K

605.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.55

11.79

-44.44%

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

Last update for Troy, NY: 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

Troy, NY

$1K 42.7%

Monterrey

$722 44% 29.8% $307

Groceries & Markets

Troy, NY

$407 16.9%

Monterrey

$302 18.4% 25.8% $105

Monthly Utilities & Internet

Troy, NY

$343 14.2%

Monterrey

$167 10.2% 51.4% $176

Eating Out

Troy, NY

$329 13.7%

Monterrey

$216 13.2% 34.5% $114

Clothing & Footwear

Troy, NY

$145 6%

Monterrey

$153 9.3% 5.7% $8.2

Getting Around

Troy, NY

$79 3.3%

Monterrey

$41 2.5% 48.1% $38

Sport & Entertainment

Troy, NY

$75 3.1%

Monterrey

$40 2.5% 46% $34

Cost Breakdown

A one-bedroom apartment in the center runs $1,309 in Troy, NY and $1,018 in Monterrey. Housing cost is often the main lever when comparing two cities.

Troy, NY pays about 7.1 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $78 in Troy, NY vs $48 in Monterrey for a mid-range dinner for two. Groceries echo the gap at $407 vs $302 per month, with Monterrey cheaper across the board.

Good to know

🇺🇸 Troy, NY

🇲🇽 Monterrey

🕒 Local time

15:50 3:50 PM

14:50 2:50 PM

1 h behind Troy, NY

🌤 Weather

👥 Population

51,401

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

Troy, NY Monterrey 3,070 km ≈ 4 h 15 min nonstop flight

From you

Troy, NY
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

Troy, NY vs Monterrey: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,407 in Troy, NY and $1,641 in Monterrey, so Monterrey is about 32% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Troy, NY is about 7.1 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: $1,309 in Troy, NY 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 $78 in Troy, NY. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,407 per month in Troy, NY versus $1,641 in Monterrey – Monterrey is about 32% 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.

Expats usually find Monterrey gentler on the wallet – expenses run 32% less than in Troy, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.