Cost of Living in Monterrey, Mexico
Monterrey has a cost of living index of 58/100 (New York = 100). It is 42% cheaper than New York. Data sourced live via AI — updated regularly.
Cost Breakdown by Category
Digital Nomad Profile
Best neighborhoods: Barrio Antiguo, Macroplaza, San Pedro Garza García
Frequently Asked Questions
Is Monterrey cheap to live in?
Monterrey has a cost of living index of 58/100, where New York = 100. It is 42% cheaper than New York. A single person can live comfortably for approximately $1,160–$1,624 per month.
How much does rent cost in Monterrey?
A 1-bedroom apartment in the city center of Monterrey costs approximately $850/month. Outside the center, expect to pay around $600/month.
Is Monterrey good for digital nomads?
Monterrey has a growing digital nomad community. Average internet speed is 95 Mbps, café wifi reliability is good, and coworking spaces run about $180/month. English proficiency is moderate.
What is the average salary in Monterrey?
The median net monthly salary in Monterrey is approximately $1,020 USD. The income tax rate is around 17%.
How does Monterrey compare to New York for cost of living?
Monterrey (cost index 58) is 42% cheaper than New York (cost index 100). You could save roughly $1,050/month by moving from New York to Monterrey.
Compare Monterrey with another city
See exactly how Monterrey stacks up against your current city or next destination.
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