Monterrey, Mexico
Cost of living · 2024 · Americas · Rent +6.4% vs 2023
Rent trend in Monterrey (2022–2026)
Cost breakdown in Monterrey (2024)
Estimated monthly budget in Monterrey
Based on 2024 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in Mexico (2024)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs Monterrey |
|---|---|---|---|---|---|
| Monterrey | MXN 9,500 | MXN 5,200 | MXN 570 | MXN 3,200 | — |
| Cancun | MXN 8,500 | MXN 4,800 | MXN 480 | MXN 2,800 | -10.5% |
| Guadalajara | MXN 9,500 | MXN 4,800 | MXN 560 | MXN 3,000 | 0% |
| Mexico City | MXN 12,500 | MXN 5,500 | MXN 620 | MXN 3,500 | +31.6% |
Other Americas cities (2024)
Frequently asked questions
What is the cost of living in Monterrey in 2024?
In 2024, a single person living in Monterrey needs approximately MXN 20,790/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around MXN 39,780/month. Monterrey is considered a relatively expensive city by global standards.
How much is rent in Monterrey in 2024?
A 1-bedroom apartment in Monterrey costs approximately MXN 9,500/month in 2024. A 3-bedroom apartment runs around MXN 18,000/month. Rent has changed +6.4% vs 2023.
How much do groceries cost in Monterrey?
Monthly grocery costs for one person in Monterrey are approximately MXN 5,200 in 2024. 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 570 in 2024, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Monterrey?
Monthly utility costs in Monterrey average MXN 3,200 in 2024, 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 9,500/month and total single-person expenses around MXN 20,790/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 290 in 2024. Budget around MXN 2,320/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 2024, a single person needs approximately MXN 20,790/month. This covers rent (MXN 9,500), groceries (MXN 5,200), transport (MXN 570), utilities (MXN 3,200) and dining out occasionally. A family of 3–4 should budget around MXN 39,780/month.