Cost of Living Comparison Between Miami, FL and Monterrey 

Indices DifferenceInfo
Consumer Prices in Monterrey are 30.5% lower than in Miami, FL (without rent)
Consumer Prices Including Rent in Monterrey are 46.1% lower than in Miami, FL
Rent Prices in Monterrey are 64.7% lower than in Miami, FL
Restaurant Prices in Monterrey are 44.5% lower than in Miami, FL
Groceries Prices in Monterrey are 23.6% lower than in Miami, FL
Local Purchasing Power in Monterrey is 50.8% lower than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
 Miami, FL Edit Monterrey Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(424.31 MXN)		 12.96 $
(220.00 MXN)		      -48.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(1,697.23 MXN)		 53.03 $
(900.00 MXN)		      -47.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(203.67 MXN)		 8.84 $
(150.00 MXN)		      -26.4 %
Domestic Beer (1 pint draught) 7.00 $
(118.81 MXN)		 2.95 $
(50.00 MXN)		      -57.9 %
Imported Beer (12 oz small bottle) 8.00 $
(135.78 MXN)		 4.21 $
(71.39 MXN)		      -47.4 %
Cappuccino (regular) 4.76 $
(80.78 MXN)		 3.57 $
(60.64 MXN)		      -24.9 %
Coke/Pepsi (12 oz small bottle) 2.72 $
(46.09 MXN)		 1.60 $
(27.08 MXN)		      -41.2 %
Water (12 oz small bottle) 2.16 $
(36.68 MXN)		 1.24 $
(21.12 MXN)		      -42.4 %
Markets
 Miami, FL Edit Monterrey Edit
Milk (regular), (1 gallon) 4.36 $
(74.00 MXN)		 6.58 $
(111.76 MXN)		      +51.0 %
Loaf of Fresh White Bread (1 lb) 3.40 $
(57.68 MXN)		 2.63 $
(44.71 MXN)		      -22.5 %
Rice (white), (1 lb) 1.78 $
(30.16 MXN)		 0.93 $
(15.79 MXN)		      -47.7 %
Eggs (regular) (12) 3.79 $
(64.35 MXN)		 3.26 $
(55.31 MXN)		      -14.0 %
Local Cheese (1 lb) 5.97 $
(101.38 MXN)		 5.15 $
(87.47 MXN)		      -13.7 %
Chicken Fillets (1 lb) 4.87 $
(82.70 MXN)		 4.54 $
(77.01 MXN)		      -6.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.30 $
(106.99 MXN)		 6.45 $
(109.54 MXN)		      +2.4 %
Apples (1 lb) 2.63 $
(44.63 MXN)		 1.45 $
(24.68 MXN)		      -44.7 %
Banana (1 lb) 0.85 $
(14.43 MXN)		 0.61 $
(10.42 MXN)		      -27.8 %
Oranges (1 lb) 1.66 $
(28.17 MXN)		 0.83 $
(14.10 MXN)		      -49.9 %
Tomato (1 lb) 2.03 $
(34.41 MXN)		 0.92 $
(15.61 MXN)		      -54.6 %
Potato (1 lb) 1.07 $
(18.20 MXN)		 1.08 $
(18.25 MXN)		      +0.3 %
Onion (1 lb) 1.42 $
(24.11 MXN)		 0.90 $
(15.29 MXN)		      -36.6 %
Lettuce (1 head) 2.51 $
(42.60 MXN)		 1.71 $
(29.02 MXN)		      -31.9 %
Water (1.5 liter bottle) 2.07 $
(35.12 MXN)		 1.09 $
(18.53 MXN)		      -47.2 %
Bottle of Wine (Mid-Range) 12.99 $
(220.47 MXN)		 14.73 $
(250.00 MXN)		      +13.4 %
Domestic Beer (0.5 liter bottle) 2.00 $
(33.88 MXN)		 1.67 $
(28.35 MXN)		      -16.3 %
Imported Beer (12 oz small bottle) 2.37 $
(40.20 MXN)		 2.95 $
(50.00 MXN)		      +24.4 %
Cigarettes 20 Pack (Marlboro) 9.00 $
(152.75 MXN)		 4.57 $
(77.50 MXN)		      -49.3 %
Transportation
 Miami, FL Edit Monterrey Edit
One-way Ticket (Local Transport) 2.25 $
(38.19 MXN)		 0.88 $
(15.00 MXN)		      -60.7 %
Monthly Pass (Regular Price) 120.00 $
(2,036.68 MXN)		 50.08 $
(850.00 MXN)		      -58.3 %
Taxi Start (Normal Tariff) 2.98 $
(50.49 MXN)		 1.91 $
(32.50 MXN)		      -35.6 %
Taxi 1 mile (Normal Tariff) 2.10 $
(35.64 MXN)		 1.90 $
(32.19 MXN)		      -9.7 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(407.34 MXN)		 17.68 $
(300.00 MXN)		      -26.4 %
Gasoline (1 gallon) 3.45 $
(58.64 MXN)		 5.49 $
(93.10 MXN)		      +58.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(594,032.01 MXN)		 26,513.72 $
(450,000.00 MXN)		      -24.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(423,548.13 MXN)		 27,602.42 $
(468,477.78 MXN)		      +10.6 %
Utilities (Monthly)
 Miami, FL Edit Monterrey Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.11 $
(2,887.20 MXN)		 139.56 $
(2,368.66 MXN)		      -18.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 59.88 $
(1,016.34 MXN)		 28.46 $
(483.06 MXN)		      -52.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.91 $
(1,050.81 MXN)		 32.47 $
(551.06 MXN)		      -47.6 %
Sports And Leisure
 Miami, FL Edit Monterrey Edit
Fitness Club, Monthly Fee for 1 Adult 76.77 $
(1,302.95 MXN)		 44.84 $
(761.06 MXN)		      -41.6 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $
(404.91 MXN)		 23.08 $
(391.67 MXN)		      -3.3 %
Cinema, International Release, 1 Seat 15.00 $
(254.59 MXN)		 6.48 $
(110.00 MXN)		      -56.8 %
Childcare
 Miami, FL Edit Monterrey Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(19,730.35 MXN)		 353.52 $
(6,000.00 MXN)		      -69.6 %
International Primary School, Yearly for 1 Child 28,333.33 $
(480,883.05 MXN)		 8,731.85 $
(148,200.00 MXN)		      -69.2 %
Clothing And Shoes
 Miami, FL Edit Monterrey Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.50 $
(789.21 MXN)		 62.26 $
(1,056.74 MXN)		      +33.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.12 $
(731.93 MXN)		 48.49 $
(823.00 MXN)		      +12.4 %
1 Pair of Nike Running Shoes (Mid-Range) 80.28 $
(1,362.50 MXN)		 113.80 $
(1,931.53 MXN)		      +41.8 %
1 Pair of Men Leather Business Shoes 96.67 $
(1,640.66 MXN)		 116.15 $
(1,971.36 MXN)		      +20.2 %
Rent Per Month
 Miami, FL Edit Monterrey Edit
Apartment (1 bedroom) in City Centre 2,800.86 $
(47,537.20 MXN)		 1,075.28 $
(18,250.00 MXN)		      -61.6 %
Apartment (1 bedroom) Outside of Centre 2,064.29 $
(35,035.89 MXN)		 713.83 $
(12,115.38 MXN)		      -65.4 %
Apartment (3 bedrooms) in City Centre 5,249.12 $
(89,089.83 MXN)		 1,794.78 $
(30,461.54 MXN)		      -65.8 %
Apartment (3 bedrooms) Outside of Centre 3,635.93 $
(61,710.19 MXN)		 1,266.77 $
(21,500.00 MXN)		      -65.2 %
Buy Apartment Price
 Miami, FL Edit Monterrey Edit
Price per Square Feet to Buy Apartment in City Centre 583.91 $
(9,910.31 MXN)		 243.58 $
(4,134.15 MXN)		      -58.3 %
Price per Square Feet to Buy Apartment Outside of Centre 354.00 $
(6,008.15 MXN)		 168.58 $
(2,861.15 MXN)		      -52.4 %
Salaries And Financing
 Miami, FL Edit Monterrey Edit
Average Monthly Net Salary (After Tax) 4,289.41 $
(72,801.32 MXN)		 1,136.54 $
(19,289.75 MXN)		      -73.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 11.71      +78.1 %
Last update: April 2024April 2024
Contributors in the past 12 months:14873
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