Monterrey, Mexico
Cost of living · 2023 · Americas · Rent +6.8% vs 2022
Rent trend in Monterrey (2022–2026)
Cost breakdown in Monterrey (2023)
Estimated monthly budget in Monterrey
Based on 2023 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in Mexico (2023)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs Monterrey |
|---|---|---|---|---|---|
| Monterrey | MXN 8,930 | MXN 4,888 | MXN 536 | MXN 3,008 | — |
| Cancun | MXN 7,990 | MXN 4,512 | MXN 451 | MXN 2,632 | -10.5% |
| Guadalajara | MXN 8,930 | MXN 4,512 | MXN 526 | MXN 2,820 | 0% |
| Mexico City | MXN 11,750 | MXN 5,170 | MXN 583 | MXN 3,290 | +31.6% |
Frequently asked questions
What is the cost of living in Monterrey in 2023?
In 2023, a single person living in Monterrey needs approximately MXN 19,543/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around MXN 37,393/month. Monterrey is considered a relatively expensive city by global standards.
How much is rent in Monterrey in 2023?
A 1-bedroom apartment in Monterrey costs approximately MXN 8,930/month in 2023. A 3-bedroom apartment runs around MXN 16,920/month. Rent has changed +6.8% vs 2022.
How much do groceries cost in Monterrey?
Monthly grocery costs for one person in Monterrey are approximately MXN 4,888 in 2023. This covers basic supermarket shopping including food and household essentials.
What does public transport cost in Monterrey?
A monthly public transport pass in Monterrey costs MXN 536 in 2023, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Monterrey?
Monthly utility costs in Monterrey average MXN 3,008 in 2023, covering electricity, heating/cooling, water and internet for a standard apartment.
Is Monterrey expensive to live in?
Monterrey is located in Mexico (Americas). With a 1-bed rent of MXN 8,930/month and total single-person expenses around MXN 19,543/month, it is relatively expensive by global standards.
How much does eating out cost in Monterrey?
A typical restaurant meal for one person in Monterrey costs approximately MXN 273 in 2023. Budget around MXN 2,181/month if dining out a few times a week.
How have living costs in Monterrey changed over time?
LifeIndexed tracks cost of living data for Monterrey from 2022 to 2026. 1-bed rent has increased by 26.1% over this period (from MXN 8,360 in 2022 to MXN 10,543 in 2026). Use the year tabs above to compare costs across years.
What is the monthly budget needed to live comfortably in Monterrey?
To live comfortably in Monterrey in 2023, a single person needs approximately MXN 19,543/month. This covers rent (MXN 8,930), groceries (MXN 4,888), transport (MXN 536), utilities (MXN 3,008) and dining out occasionally. A family of 3–4 should budget around MXN 37,393/month.