Monterrey : Mexico


What It Is Like to Retire in Monterrey

Monterrey is the capital city and the largest city in the state of Nuevo Leon, Mexico, and sits at the foothills of the Sierra Dadre Oriental. With its rich history and culture, Monterrey is considered to be one of the wealthiest city in Mexico, along with being the most “Americanized”. It is home to several schools of higher education, corporations, sports teams and is a major industrial center. Photo of Monterrey’s Greater Metropolitan Area’s Main Business District courtesy of Wikipedia and Rick Gonzalez.

Where to Retire in Monterrey and Home Prices

Monterrey is a large city with many neighborhoods including some that are more popular with expats. The average price of a 3-bedroom home is a little over $100,000, and there are many housing options here including villas, apartments and high-rise condos.

What Is Special about Monterrey

Monterrey is a cultural center and a prosperous city that is home to museums, libraries, sports teams, and schools of higher education including The Monterrey Institute of Technology and the University of Monterrey.

What Is Not Special about Monterrey

Traffic within the city is very congested and with vendors and beggars in the streets; summers are hot with the average high in August about 95 degrees; crime rate is high.

Who Will Like Retirement in Monterrey

Expats will find Monterrey a vibrant city with low housing costs, neighborhoods with all the amenities of those found in the U.S., low cost health care, public transportation, and many cultural venues.

Local Economy Is Driven by

Monterrey is a major industrial center and is located along major highways, rails and airports. The diverse economy is driven by manufacturing companies including ironwork, steel and cement. Technology, retail stores, and service firms also add to the booming economy.

Climate and Physical Environment

Monterrey is one of the warmest large cities in Mexico. The average January temperature is 58 degrees and July's average is 84 degrees. The rains from Hurricane Alex caused much water damage to the city in 2010.

Restaurants & Cultural Scene

There are many restaurants and cultural venues in Monterrey including museums, historical sites, sporting events and festivals.


The city's crime rate was low, but during the past few years drug problems have become more prevalent, although most neighborhoods are considered to be very safe.

Medical Facilities

There are many hospitals and medical facilities located here that are highly ranked and expats find health services to be much lower priced than in the United States.


The city does offer public transportation with bus lines and has a rapid transit system. There are two international airports that serve Monterrey.

Valuable Links

Monterrey on Wikipedia

What people are saying about Monterrey

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