Is Waterloo more expensive than Montevideo?

Waterloo is 0.2% cheaper than Montevideo overall. Rent is 92.0% higher, groceries 10.0% more expensive, and restaurants 11.9% cheaper.

Which city has better purchasing power, Montevideo or Waterloo?

Montevideo has a purchasing power index of 63.2 while Waterloo has 129.1 (NYC = 100). Waterloo offers better purchasing power.

Cost of Living Comparison · 2026

🇺🇾 Montevideo vs 🇨🇦 Waterloo

2026

Waterloo is 0.2% cheaper

Category	🇺🇾 Montevideo	🇨🇦 Waterloo	Difference
Cost of Living	57.5	57.4	-0.2%
Rent	16.3	31.3	+92.0%
Groceries	60.9	67.0	+10.0%
Restaurants	60.6	53.4	-11.9%
Purchasing Power	63.2	129.1	+104.3%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇺🇾 Cost of Living in Montevideo

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