Cost of Living in Monterrey, Mexico

Last updated on Mar 10, 2023

Summary: The cost of living in Monterrey, Mexico is generally considered to be quite affordable. A nice 1 bedroom apartment in Monterrey can cost anywhere from $400 to $800 USD per month, while a nice 2 bedroom apartment can cost anywhere from $600 to $1,200 USD per month. The cost of dinner at a moderately priced restaurant in Monterrey is usually around $15 USD per person.

Is the cost of living in Monterrey high?

We asked people how much they someone comfortably live on in Monterrey, they wrote:

"The cost of living in Monterrey is generally considered to be quite affordable. Real estate prices tend to range from moderately priced to moderately expensive, while the cost of everyday items such as groceries and transportation are considered to be quite reasonable. Monterrey is known for its low cost of living, but also for its high quality of life," said one person in Monterrey.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.