Cost of Living in Monterrey vs Lima

Cost of living in Monterrey is 3% higher than in Lima (without rent).

Rent in Monterrey is 57% more expensive than in Lima.

Cost of living including rent in Monterrey is 27% higher than in Lima.

Food in Monterrey is 42% more expensive than in Lima.

Transport in Monterrey is 54% cheaper than in Lima.

Monterrey vs. Lima Comparision

Monterrey Lima
Cost of Living, including rent
1,257 $
986 $
Without Rent
559 $
544 $
Rent & Utilities
697 $
443 $
Food
381 $
269 $
Transport
86 $
188 $
Monthly Salary, after tax
1,053 $
444 $
Quality of Life
61
64
Population
1.1M
9.9M

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Monterrey Lima

Restaurants

Lunch menu,
inexpensive restaurant
12.3 $ 4.48 $
Dinner, for 2 40.1 $ 27.8 $
Fast food, McDonalds or KFC 7.4 $ 5.98 $
Beer, 0.5 L or 16 fl oz 2.74 $ 2.55 $
Capuccino 3.48 $ 3.29 $
Coke, 330ml 1.33 $ 0.87 $

Markets

Milk, 1 L or 1 qt 1.51 $ 1.35 $
Bread, 0.5 kg or 1 lb 2.1 $ 1.71 $
Rice, 1 kg or 2 lb 1.61 $ 1.02 $
Eggs, 12 pack 2.51 $ 2.8 $
Cheese, 1 kg or 2 lb 10.3 $ 8.08 $
Chicken Breast, 1 kg or 2 lb 8.6 $ 4.77 $
Round Steak, 1 kg or 2 lb 13.3 $ 9.85 $
Apples, 1 kg or 2 lb 2.79 $ 1.86 $
Banana, 1 kg or 2 lb 1.22 $ 1.1 $
Oranges, 1 kg or 2 lb 1.68 $ 1 $
Potatoes, 1 kg or 2 lb 2.06 $ 1.08 $
Onions, 1 kg or 2 lb 1.71 $ 1.07 $
Water, 1 L or 1 qt 0.67 $ 0.54 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.83 $ 2.3 $
Wine, 750 mL bottle 12.8 $ 10.3 $
Beer, 0.5 L or 16 fl oz 1.42 $ 1.54 $
Cigarette pack 3.99 $ 5.02 $

Transport

Local transport ticket, One-way Ticket 0.76 $ 0.67 $
Monthly pass, Monthly Ticket 39.5 $ 27.9 $
Gas or petrol, 1 L or 0.26 gal 1.25 $ 1.39 $
Taxi, 8 km 7.98 $ 19.3 $

Personal Care

Doctor visit, private clinic 33.8 $ 39.8 $
Cold medicine, for 1 week 4.93 $ 5.84 $
Hair shampoo, 400 ml or 12 oz 4.23 $ 5.57 $
Toilet paper, 4 rolls 2.6 $ 2.28 $
Toothpaste, 1 tube 1.67 $ 1.6 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
58.4 $ 39.4 $
Utility bill - family,
electricity, heating, water & garbage
90.8 $ 61.1 $
Internet plan,
+60 Mbps
27.6 $ 24.7 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 560 $ 342 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,041 $ 625 $
1 Bedroom Apartment, in city center, 40 sq.m 814 $ 527 $
3 Bedroom Apartment, in city center, 85 sq.m 1,470 $ 948 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,619 $ 1,773 $
Price per Square Meter to Buy House, in suburbs 2,560 $ 1,434 $

Salaries and Financing

Average Monthly Net Salary, after tax 1,053 $ 444 $
Mortgage Interest Rate, for 20 years fixed-rate 11.38 % 10.59 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 42.2 $ 34.2 $
Cinema, 1 seat 5.52 $ 7.2 $
Haircut 10.4 $ 9.57 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 95.9 $ 83.3 $
Brand Jeans, Levis 501 54.2 $ 36.9 $

Childcare

Preschool, full day, monthly for 1 child 320 $ 234 $
International Primary School, yearly for 1 child 7,175 $ 8,320 $