How expensive is Montevideo compared to other cities?

Montevideo ranks #333 out of 577 cities globally, cheaper than 57.5% of cities worldwide. The rent index is 16.0 and local purchasing power is 63.7.

What is the average rent in Montevideo?

A 1-bedroom apartment in Montevideo city centre costs approximately UYU 28,336 per month. Outside the centre, rent drops to UYU 23,386 (saving 18%). A 3-bedroom apartment in the centre costs around UYU 46,582.

Is Montevideo affordable to live in?

Montevideo is mid-priced by global standards. Groceries are moderate, restaurants are moderate, and local purchasing power is moderate.

🇺🇾 Uruguay · 2026

Custo de Vida em Montevideo

Mid-priced: mais barato que 57.5% das cidades no mundo

Classificada em #333 de 577 cidades · Mais cara do que 42.3% das cidades mundialmente

Mid-priced

Custo de Vida

Very affordable

Renda

Moderate

Supermercado

Moderate

Poder de Compra

Índice mais baixo = mais acessível

Preços de Renda em Montevideo

Apartamento	Centro da Cidade	Fora do Centro	Poupa
1 Quarto	UYU 28,336/mo ≈ $704	UYU 23,386/mo ≈ $581	18%
3 Quartos	UYU 46,582/mo ≈ $1,157	UYU 41,608/mo ≈ $1,033	11%

Numbeo · 2026-10-02

Multi-Source Comparison

★★ Medium Confidence

Montevideo has a cost of living index of 34.8 (New York = 100, rent included), the average of 3 of 4 data sources. Expatistan is left out because it sits more than 15% away from the others.

34.8

Index

Sources

7.8

Gap between sources