🇺🇾 Uruguay · #268 of 546 cities · 2026

Cost of Living in Montevideo

Moderate — cheaper than 50.9% of cities worldwide

Ranked #268 of 546 cities · More expensive than 50.9% of cities worldwide

Moderate
Cost of Living
Very affordable
Rent
Moderate
Groceries
Moderate
Purchasing Power

Lower index = more affordable

Rent Prices

Rent Prices in Montevideo

Apartment City Centre Outside Centre You Save
1-Bedroom UYU 26,097/mo ≈ $650 UYU 20,810/mo ≈ $518 20%
3-Bedroom UYU 45,143/mo ≈ $1,124 UYU 35,495/mo ≈ $884 20%
Numbeo · 2026-03-18

Multi-Source Comparison

★ Low Confidence

Montevideo has a composite cost index of 31.5 from 3 independent data sources.

31.5
Composite
3
Sources
9.3
Spread

Source Values (NYC = 100)

Numbeo
40.8
Expatistan
31.5
LivingCost
No data
SIM
30.5
View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
58.0 Moderate
Rent
16.4 Very affordable
Groceries
60.9 Moderate
Restaurants
57.1 Moderate
Purchasing Power
63.2 Moderate

Living in Montevideo: What to Expect

Montevideo is moderate by global standards (ranked #268 of 546 cities), cheaper than 50.9% of cities worldwide.

Groceries are moderate, while dining out is moderate. Rent offers the best value, while Groceries is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

Similar Cities

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