Mexico, Monterrey

Country Full Name: United Mexican States.

Location: Mexico is in North America, bordering the Caribbean Sea and the Gulf of Mexico, between Belize and the United States and bordering the North Pacific Ocean, between Guatemala and the United States.

Country Climate: Varies from tropical to desert.

Country Terrain: High, rugged mountains; low coastal plains; high plateaus; desert.

Major Languages: Spanish.

Major Religions: Christianity.

Population: 4.1 Mil (2012 est.).

Country Economy: The economy of Mexico is the 11th largest in the world and is a free market mixed economy, and is firmly established as an upper middle-income country The economy contains rapidly developing modern industrial and service sectors, with increasing private ownership.

Currency: Mexican Peso (MXN). Make an international currency transfer to Mexico.

Inflation: 3.5% (2011 est.).

Monterrey is the capital city of the north-eastern state of Nuevo Leon.

Monterrey is a commercial centre in the north of the country and is the base of many significant international corporations in sectors such as steel, cement, glass, auto parts, and brewing.

The cost of living in Monterrey in Mexico is in the middle compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Monterrey in Mexico is currently ranked 441 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are average compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 375 places that are more expensive, and 404 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 52 places that are more expensive, and 727 places that are less expensive for clothing.

Communication costs are high compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 242 places that are more expensive, and 537 places that are less expensive for communication.

Education costs are very low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 677 places that are more expensive, and 102 places that are less expensive for education.

Furniture & Appliance costs are average compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 351 places that are more expensive, and 428 places that are less expensive for furniture and appliances.

Grocery costs are very low compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 677 places that are more expensive, and 102 places that are less expensive for groceries.

Healthcare costs are low compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 547 places that are more expensive, and 232 places that are less expensive for healthcare.

Household Accommodation costs are average compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 335 places that are more expensive, and 444 places that are less expensive for household accommodation.

Miscellaneous costs are average compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 335 places that are more expensive, and 444 places that are less expensive for miscellaneous items.

Personal Care costs are high compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 294 places that are more expensive, and 485 places that are less expensive for personal care.

Recreation and Culture costs are very high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 106 places that are more expensive, and 673 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are average compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 349 places that are more expensive, and 430 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very low compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 628 places that are more expensive, and 151 places that are less expensive for transport.

Personalized cost of living indexes for Monterrey in Mexico are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Monterrey in Mexico is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Monterrey in Mexico are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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