🇺🇾 Uruguay · #270 of 538 cities · 2026

Cost of Living in Montevideo

Moderate — cheaper than 49.8% of cities worldwide

Ranked #270 of 538 cities · More expensive than 49.8% 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 ≈ $644 UYU 20,810/mo ≈ $514 20%
3-Bedroom UYU 45,143/mo ≈ $1,114 UYU 35,495/mo ≈ $876 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
56.3 Moderate
Rent
14.5 Very affordable
Groceries
56.3 Moderate
Restaurants
60.7 Moderate
Purchasing Power
66.5 Moderate

Living in Montevideo: What to Expect

Montevideo is moderate by global standards (ranked #270 of 538 cities), cheaper than 49.8% of cities worldwide.

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