Cost of living comparison

compared to

Monterrey vs. Algarve Cost of Living Summary

Monterrey is 8.5% cheaper than Algarve.

Restaurants
pay 7.9% less in Monterrey
Groceries
pay 24.6% more in Monterrey
Transportation
pay 28.9% less in Monterrey
Housing
pay 15.3% less in Monterrey
Childcare
pay 10.8% less in Monterrey
Entertainment and Sports
pay 21.1% less in Monterrey
Clothing
pay 14.6% more in Monterrey

The cost of groceries and clothing in Monterrey are more expensive than in Algarve. Expenses including transportation, entertainment and sports, housing, childcare, and restaurants are lower in Monterrey.

Monterrey vs. Algarve Cost Breakdown

If you lived in Monterrey instead of Algarve, you would:

pay 7.9% less for restaurants

 
Algarve
Monterrey
Basic meal with drink at inexpensive restaurant $16.80
€14.95
$13.91
MX$257.20
Fast food combo meal
McDonalds, or similar
$9.52
€8.47
$11.13
MX$205.76
Bottle of Coca-Cola (11 fl. oz) $1.94
€1.73
$1.68
MX$30.99

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pay 24.6% more for groceries

 
Algarve
Monterrey
Bread
1 loaf
$1.39
€1.24
$2.95
MX$54.63
Local cheese (8 oz) $6.43
€5.72
$6.13
MX$113.44
Milk (1 gallon) $4.34
€3.87
$7.20
MX$133.19

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pay 28.9% less for transportation

 
Algarve
Monterrey
Gasoline (1 gallon) $7.99
€7.11
$5.91
MX$109.36
Monthly public transit pass ?? $32.04
MX$592.58
New Volkswagen Golf 1.4 (standard edition) $33,640.22
€29,941.00
$21,528.95
MX$398K

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pay 15.3% less for housing

 
Algarve
Monterrey
Internet connection
50 mbps or faster, cable/dsl
$32.72
€29.12
$26.79
MX$495.42
1-Bedroom apartment in downtown area $1,063.00
€946.11
$981.90
MX$18,158.20
1-Bedroom apartment outside city center $857.72
€763.40
$685.94
MX$12,685.02

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pay 10.8% less for childcare

 
Algarve
Monterrey
Private preschool for 1 child, monthly $663.19
€590.27
$703.26
MX$13,005.38
Middle school for 1 child, two semesters $15,323.95
€13,638.87
$11,496.80
MX$213K

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pay 21.1% less for entertainment and sports

 
Algarve
Monterrey
Domestic/local beer (1 pint) $3.36
€2.99
$2.36
MX$43.72
Cappuccino in mid-range area $3.03
€2.69
$4.04
MX$74.68
Pack of cigarettes
Marlboro or similar
$6.72
€5.98
$4.90
MX$90.53

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pay 14.6% more for clothing

 
Algarve
Monterrey
Regular jeans
Levi's brand
$102.78
€91.47
$73.56
MX$1,360.29
Regular dress
from H&M or similar store
$45.72
€40.69
$42.76
MX$790.75
Running shoes
Nike or Adidas
$78.38
€69.76
$112.51
MX$2,080.57

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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