Cost of Living Comparison Between Florence and Monterrey 

Indices DifferenceInfo
Cost of Living in Monterrey is 15.9% lower than in Florence (without rent)
Cost of Living Including Rent in Monterrey is 14.1% lower than in Florence
Rent Prices in Monterrey are 9.6% lower than in Florence
Restaurant Prices in Monterrey are 19.6% lower than in Florence
Groceries Prices in Monterrey are 12.8% lower than in Florence
Local Purchasing Power in Monterrey is 15.9% lower than in Florence
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Florence Edit Monterrey Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(271.75 MXN)
13.80 €
(250.00 MXN)
     -8.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 €
(1,449.34 MXN)
51.06 €
(925.00 MXN)
     -36.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(181.17 MXN)
8.28 €
(150.00 MXN)
     -17.2 %
Domestic Beer (1 pint draught) 5.50 €
(99.64 MXN)
2.76 €
(50.00 MXN)
     -49.8 %
Imported Beer (12 oz small bottle) 5.00 €
(90.58 MXN)
3.50 €
(63.40 MXN)
     -30.0 %
Cappuccino (regular) 1.58 €
(28.64 MXN)
3.49 €
(63.27 MXN)
     +120.9 %
Coke/Pepsi (12 oz small bottle) 2.84 €
(51.52 MXN)
1.46 €
(26.43 MXN)
     -48.7 %
Water (12 oz small bottle) 1.45 €
(26.22 MXN)
1.15 €
(20.76 MXN)
     -20.8 %
Markets
Florence Edit Monterrey Edit
Milk (regular), (1 gallon) 5.56 €
(100.73 MXN)
6.21 €
(112.48 MXN)
     +11.7 %
Loaf of Fresh White Bread (1 lb) 1.78 €
(32.20 MXN)
2.45 €
(44.43 MXN)
     +38.0 %
Rice (white), (1 lb) 1.54 €
(27.91 MXN)
0.88 €
(15.91 MXN)
     -43.0 %
Eggs (regular) (12) 3.78 €
(68.42 MXN)
3.05 €
(55.31 MXN)
     -19.2 %
Local Cheese (1 lb) 7.31 €
(132.50 MXN)
4.83 €
(87.47 MXN)
     -34.0 %
Chicken Fillets (1 lb) 5.19 €
(94.09 MXN)
4.25 €
(77.01 MXN)
     -18.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.48 €
(135.59 MXN)
6.05 €
(109.54 MXN)
     -19.2 %
Apples (1 lb) 1.27 €
(23.08 MXN)
1.36 €
(24.68 MXN)
     +6.9 %
Banana (1 lb) 0.76 €
(13.81 MXN)
0.57 €
(10.42 MXN)
     -24.5 %
Oranges (1 lb) 1.11 €
(20.13 MXN)
0.78 €
(14.10 MXN)
     -30.0 %
Tomato (1 lb) 1.57 €
(28.38 MXN)
0.86 €
(15.61 MXN)
     -45.0 %
Potato (1 lb) 0.83 €
(15.04 MXN)
1.01 €
(18.25 MXN)
     +21.3 %
Onion (1 lb) 0.70 €
(12.72 MXN)
0.84 €
(15.29 MXN)
     +20.3 %
Lettuce (1 head) 1.52 €
(27.48 MXN)
1.60 €
(29.02 MXN)
     +5.6 %
Water (1.5 liter bottle) 0.57 €
(10.39 MXN)
1.02 €
(18.53 MXN)
     +78.3 %
Bottle of Wine (Mid-Range) 5.65 €
(102.36 MXN)
13.80 €
(250.00 MXN)
     +144.2 %
Domestic Beer (0.5 liter bottle) 1.48 €
(26.88 MXN)
1.57 €
(28.35 MXN)
     +5.5 %
Imported Beer (12 oz small bottle) 2.04 €
(37.03 MXN)
2.89 €
(52.31 MXN)
     +41.3 %
Cigarettes 20 Pack (Marlboro) 6.00 €
(108.70 MXN)
4.28 €
(77.50 MXN)
     -28.7 %
Transportation
Florence Edit Monterrey Edit
One-way Ticket (Local Transport) 1.70 €
(30.80 MXN)
0.83 €
(15.00 MXN)
     -51.3 %
Monthly Pass (Regular Price) 35.00 €
(634.09 MXN)
46.92 €
(850.00 MXN)
     +34.1 %
Taxi Start (Normal Tariff) 4.50 €
(81.53 MXN)
1.66 €
(30.00 MXN)
     -63.2 %
Taxi 1 mile (Normal Tariff) 3.22 €
(58.31 MXN)
1.78 €
(32.19 MXN)
     -44.8 %
Taxi 1hour Waiting (Normal Tariff) 32.00 €
(579.74 MXN)
16.56 €
(300.00 MXN)
     -48.3 %
Gasoline (1 gallon) 6.67 €
(120.76 MXN)
5.13 €
(92.97 MXN)
     -23.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 26,000.00 €
(471,036.44 MXN)
24,838.84 €
(450,000.00 MXN)
     -4.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,625.00 €
(536,709.79 MXN)
25,858.77 €
(468,477.78 MXN)
     -12.7 %
Utilities (Monthly)
Florence Edit Monterrey Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 233.95 €
(4,238.34 MXN)
132.88 €
(2,407.30 MXN)
     -43.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 12.49 €
(226.37 MXN)
27.02 €
(489.56 MXN)
     +116.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 28.68 €
(519.57 MXN)
31.33 €
(567.53 MXN)
     +9.2 %
Sports And Leisure
Florence Edit Monterrey Edit
Fitness Club, Monthly Fee for 1 Adult 71.89 €
(1,302.40 MXN)
41.70 €
(755.50 MXN)
     -42.0 %
Tennis Court Rent (1 Hour on Weekend) 18.80 €
(340.60 MXN)
21.62 €
(391.67 MXN)
     +15.0 %
Cinema, International Release, 1 Seat 10.00 €
(181.17 MXN)
6.07 €
(110.00 MXN)
     -39.3 %
Childcare
Florence Edit Monterrey Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 616.00 €
(11,159.94 MXN)
339.07 €
(6,142.86 MXN)
     -45.0 %
International Primary School, Yearly for 1 Child 19,195.00 €
(347,751.71 MXN)
8,180.26 €
(148,200.00 MXN)
     -57.4 %
Clothing And Shoes
Florence Edit Monterrey Edit
1 Pair of Jeans (Levis 501 Or Similar) 73.00 €
(1,322.53 MXN)
57.62 €
(1,043.90 MXN)
     -21.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.38 €
(659.00 MXN)
44.55 €
(807.07 MXN)
     +22.5 %
1 Pair of Nike Running Shoes (Mid-Range) 65.44 €
(1,185.64 MXN)
104.60 €
(1,894.95 MXN)
     +59.8 %
1 Pair of Men Leather Business Shoes 121.11 €
(2,194.14 MXN)
108.92 €
(1,973.27 MXN)
     -10.1 %
Rent Per Month
Florence Edit Monterrey Edit
Apartment (1 bedroom) in City Centre 959.38 €
(17,380.79 MXN)
1,007.35 €
(18,250.00 MXN)
     +5.0 %
Apartment (1 bedroom) Outside of Centre 696.67 €
(12,621.36 MXN)
668.74 €
(12,115.38 MXN)
     -4.0 %
Apartment (3 bedrooms) in City Centre 2,090.15 €
(37,866.87 MXN)
1,681.40 €
(30,461.54 MXN)
     -19.6 %
Apartment (3 bedrooms) Outside of Centre 1,279.17 €
(23,174.39 MXN)
1,186.74 €
(21,500.00 MXN)
     -7.2 %
Buy Apartment Price
Florence Edit Monterrey Edit
Price per Square Feet to Buy Apartment in City Centre 501.67 €
(9,088.69 MXN)
243.58 €
(4,412.86 MXN)
     -51.4 %
Price per Square Feet to Buy Apartment Outside of Centre 353.03 €
(6,395.74 MXN)
129.85 €
(2,352.40 MXN)
     -63.2 %
Salaries And Financing
Florence Edit Monterrey Edit
Average Monthly Net Salary (After Tax) 1,584.33 €
(28,703.03 MXN)
1,144.09 €
(20,727.25 MXN)
     -27.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.65 11.88      +155.6 %
Last update: May 2024May 2024
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