Cost of living and prices in Montevideo, prices of food, rent, shopping, etc. 🇺🇾
Updated Jul 2023

Discover Montevideo, Uruguay, a vibrant city in South America with a population of over 1.3 million people. Located at an elevation of 34 meters above sea level, this capital city has an ideal climate year-round, offering a warm summer and mild winter season.

Montevideo is known for its rich cultural heritage, stunning architecture, and lively music scene. Its beaches, parks, and museums make it a top tourist destination and a great place to live. The cost of living in Montevideo is affordable, making it an attractive option for both tourists and expats looking for a new home.

With a variety of restaurants, nightlife, and shopping, Montevideo offers a high quality of life with a relaxed atmosphere. The city has a strong economy with opportunities in tourism, agriculture and manufacturing. Whether you're looking to visit or relocate, Montevideo offers a unique experience that is sure to leave a lasting impression.

Cost of Living Estimate in Montevideo

Total cost of living in Montevideo for two person with average consumption for one month will be 957.25 USD, no rent price included. Click here to calculate cost-of-living estimate in Montevideo

You can calculate cost of living in Montevideo by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Montevideo, Uruguay offers a wide range of unique restaurants and eating options that cater to diverse palates and preferences. From traditional Uruguayan barbecue to modern fusion cuisine, the city has something for everyone. Street food vendors selling chivitos (hearty steak sandwiches) and empanadas (savory pastries filled with meat or cheese) can be found throughout the city, providing a quick and delicious snacking option. For those looking for a more upscale dining experience, Montevideo has a growing number of fine dining establishments with creative menus that showcase local ingredients.

For a taste of Uruguay's traditional cuisine, visitors can head to a parrilla, or grill restaurant, where they can enjoy the country's famous grilled meats and sausages. These casual eateries often have an open kitchen where diners can watch the chefs prepare their meals on the grill, creating a lively and interactive atmosphere. Seafood lovers will also find plenty to enjoy in Montevideo, as the city's coastal location makes it a hotspot for fresh fish and seafood dishes. Many restaurants offer a selection of fresh catches of the day, served in a variety of styles that range from classic ceviche to grilled octopus with garlic and lemon. With its diverse food scene and abundance of eating options, Montevideo truly has something for everyone.

Meal in Inexpensive Restaurant
9.44 $
Meal for 2 People, Mid-range Restaurant, Three-course
35.40 $
McMeal at McDonalds or Alternative Combo Meal
7.76 $
Domestic Beer, 0.5 liter Draught
2.83 $
Imported Beer, 0.33 liter Bottle
3.54 $
Cappuccino
2.64 $
Coca-Cola, 0.33 liter Bottle
1.56 $

Markets prices

Montevideo, Uruguay is a bustling city with a wide range of markets catering to different customer segments. From the traditional street markets to trendy boutiques and high-end shopping centres, there is a wide range of products available for purchase. Prices vary depending on the location and type of market, but in general, the cost of living in Montevideo is relatively affordable. This makes it an attractive destination for budget-conscious travelers and locals alike.

One of the most popular markets in Montevideo is the Mercado del Puerto. It is known for its delicious grilled meats and seafood, as well as its lively atmosphere. The market is a great place to sample local specialties and interact with locals. Other markets in the city include the Tristan Narvaja Market, which is the largest outdoor market in Uruguay, and the Montevideo Shopping mall, which is home to international brands and high-end stores. Whether you are looking for artisanal crafts, fresh produce, or the latest fashion trends, there is something for everyone in Montevideo's markets.

Water, 0.33 liter Bottle
1.23 $
Milk, Regular,1 liter
0.80 $
Loaf of Fresh White Bread, 0.5 kg
2.00 $
White Rice, 1 kg
1.11 $
Eggs, 12 pack
2.39 $
Local Cheese, 1 kg
8.14 $
Chicken Breasts, Boneless and Skinless, 1 kg
6.82 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
8.21 $
Apples, 1 kg
1.70 $
Banana, 1 kg
1.92 $
Oranges, 1 kg
1.06 $
Tomato, 1 kg
1.82 $
Potato, 1 kg
1.36 $
Onion, 1 kg
1.45 $
Lettuce, 1 head
0.92 $
Water, 1.5 liter Bottle
1.15 $
Bottle of Wine, Mid-Range Price
5.90 $
Domestic Beer, 0.5 liter Bottle
1.64 $
Imported Beer, 0.33 liter Bottle
1.82 $
Pack of Cigarettes
3.89 $

Transportation prices

Montevideo, Uruguay offers a variety of transportation options for travelers, including taxis, buses, and bike rentals. Taxis are readily available throughout the city and offer a convenient way to get around. Buses, on the other hand, are a more affordable option, with routes covering the entire city. For those who enjoy exploring on two wheels, there are also bike rental options that allow visitors to pedal their way around Montevideo in an eco-friendly way. With so many transportation options, getting around the city is easy and efficient, leaving visitors with more time to explore all the sights and sounds that Montevideo has to offer.

For travelers who want a unique and immersive experience, one interesting transportation option in Montevideo is the iconic city tram. The tram, which has been operating since the early 20th century, offers visitors a glimpse into the city's rich history and architecture. With its wooden benches and old-fashioned design, the tram is a nostalgic trip back in time. The ride is slow, but the views are stunning, with passengers able to see many of Montevideo's landmarks from a unique perspective. For those who want to experience a piece of Montevideo's past while getting around the city, the tram is a must-try transportation option.

One-way Ticket, Local Transport
0.94 $
Monthly Pass, Regular Price
42.48 $
Taxi Start, Normal Tariff
1.06 $
Taxi, price for 1 km, Normal Tariff
0.61 $
Taxi, price for 1 hour Waiting, Normal Tariff
8.66 $
Gasoline, 1 liter
1.31 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
27,991.45 $

Utilities Per Month prices

When traveling to Montevideo, Uruguay, it is important to keep in mind that utilities cost in this city can vary greatly depending on the season. Summer is generally the busiest time of the year, and utility costs can increase substantially due to the high demand for water and electricity. Visitors traveling during this time should be prepared for higher utility bills and budget accordingly. However, despite the potential for higher costs, Montevideo is still a relatively affordable city for travelers, and utility costs should not be a major concern for most visitors.

Montevideo boasts a reliable and efficient utility infrastructure, with most neighborhoods having access to clean water and consistent electricity. However, visitors should be aware that certain neighborhoods may have more expensive utility bills than others due to factors such as distance from the city center, local water sources, or the availability of various utilities. It is always a good idea to research the specific neighborhood you will be staying in and what utilities are included in the cost of your lodging to ensure that you are prepared financially. Overall, utilities cost in Montevideo should not be a major deterrent for those looking to explore this vibrant and engaging city.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
127.86 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.23 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
32.00 $

Sports And Leisure prices

If you're looking for a fun way to stay active while in Montevideo, Uruguay, there are plenty of sports and leisure options to choose from. For starters, the city boasts several beautiful beaches where you can enjoy swimming, sunbathing, and beach sports like volleyball. If you're interested in more organized sports, there are numerous parks and recreational areas where you can play soccer, basketball, or tennis with friends or local teams. And if you're feeling adventurous, why not try your hand at surfing or windsurfing on the Atlantic waves - this area is known for its great surf spots!

For those who prefer a more laid-back approach to leisure, Montevideo also offers plenty of options. Take a stroll along the Rambla, a scenic coastal avenue that stretches for miles and offers stunning views of the Rio de la Plata. You can also explore the historic Ciudad Vieja (Old City) neighborhood, which is filled with quaint cafes, art galleries, and boutique shops. Or, if you're in the mood for some relaxation, visit one of the city's many spas or hot springs for a rejuvenating soak. Whatever your interests, Montevideo has something for everyone when it comes to sports and leisure.

Fitness Club, Monthly Fee for 1 Adult
40.24 $
Tennis Court Rent, 1 Hour on Weekend
15.87 $

Salaries And Financing prices

When it comes to salaries and financing in Montevideo, Uruguay, it's important to note that the cost of living can vary greatly depending on the neighborhood you're in. Areas closer to the city center tend to have higher prices for housing, food, and entertainment, while those in the outskirts can be more affordable. With that being said, salaries are typically lower than what you would find in major cities around the world, but they are still enough to live comfortably if you budget wisely. If you're planning on working in Montevideo, it's important to do some research on typical salaries and cost of living in your field before accepting a job offer.

Financing-wise, Montevideo has a solid banking system with numerous local and international banks. However, it can be challenging for foreigners to open bank accounts without the proper documentation. It's recommended that you bring a passport and proof of residence when attempting to open an account. Credit cards are widely accepted in Montevideo, so you don't necessarily need to carry cash with you at all times. If you do need to exchange currency, it's best to do so at banks or official exchange offices rather than on the street to avoid scams or fraudulent transactions.

Cinema ticket, 1 Seat
7.79 $
Average Monthly Net Salary, After Tax
640.59 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
7.68 %

Childcare prices

Childcare prices in Montevideo, Uruguay can vary greatly depending on the type of facility and the services offered. There are a range of options available when it comes to schools and kindergartens for young children. Some schools offer full-time programs where children can be dropped off early in the morning and picked up in the afternoon. Others may only offer half-day programs where children are in attendance for a few hours in the morning or afternoon. Regardless of the program, most facilities will ensure that children are engaged in both educational and social activities throughout the day.

When it comes to choosing a school or kindergarten in Montevideo, it is important to consider both the quality of the facility as well as the price. Some schools may offer more advanced educational resources or a stronger curriculum, but these options may come with a higher price tag. Other facilities may be more affordable, but may not offer the same level of resources or individual attention for each child. Ultimately, the choice will depend on the specific needs and preferences of each family. Regardless of which option is chosen, parents can rest assured that their child will receive high-quality care and education in Montevideo.

Private Preschool or Kindergarten, Monthly for 1 Child
275.73 $
International Primary School, Yearly for 1 Child
5,665.27 $

Clothing And Shoes prices

Montevideo, the capital of Uruguay, is a shopper's paradise when it comes to clothing and shoes. One can find a variety of options ranging from high-end fashion boutiques to local street markets. The city is renowned for its leather products that are of premium quality and can be found in abundance in specialty stores. You can also find malls with big-name brands like Adidas, Nike, and Zara that offer trendy clothing and stylish footwear at reasonable prices.

For those who are looking for a more unique shopping experience, head to the Feria de Tristán Narvaja, a Sunday street market that sells everything from handmade crafts to second-hand clothing. In addition, the Mercado de los Artesanos, a market located in the Ciudad Vieja district, is a great place to buy clothing and jewelry made by local artisans. Uruguayans take pride in their fashion choices, and you will surely find a style that fits your personality. So, whether you are on a tight budget or looking for luxury items, Montevideo has something for everyone when it comes to clothing and shoes.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
71.29 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
36.42 $
Pair of Running Shoes, Mid-Range Price
83.12 $
Pair of Leather Business Shoes
84.15 $

Rent Per Month prices

Montevideo, Uruguay stands out for its unique culture, rich history, and stunning architecture. As such, short-term rentals are a popular option for travelers looking to immerse themselves in the city's vibrant atmosphere. There are a variety of options available, from apartments to private rooms and hostels. Prices vary depending on location and amenities, but there are affordable options to suit any budget.

If you're looking for a more luxurious stay, there are also plenty of high-end short-term rental options in Montevideo. These may include amenities such as a gym, swimming pool, and concierge service. However, even these upscale options are often more affordable than hotels in the same price range. With so many choices, Montevideo is a great place to find a comfortable and affordable short-term rental, whether you're staying for a few days or a few weeks.

One bedroom apartment in city centre
445.79 $
One bedroom apartment outside of city centre
347.06 $
Three bedroom apartment in city centre
771.20 $
Three bedroom apartment outside of city centre
626.71 $

Buy Apartment prices

Montevideo, Uruguay's capital city, offers a diverse range of real estate buying options to suit various budgets and preferences. Whether you're looking for a sprawling apartment with breathtaking sea views or a cozy house with a private garden, Montevideo has something for everyone. The city's real estate market is characterized by its affordability, particularly when compared to other Latin American capital cities, making it an excellent destination for first-time buyers and investors.

Property prices in Montevideo vary depending on location, size, and condition. Generally, properties in the city center or near the coast tend to be more expensive than those in the suburbs or further inland. However, buyers can still find excellent deals on high-quality properties in more remote areas. Additionally, the city's vibrant cultural scene and friendly locals make Montevideo a delightful place to call home, whether you're a young professional seeking a modern, upscale apartment or a family looking for a spacious house in a peaceful neighborhood.

Price per m2 to Buy Apartment in City Center
2,299.81 $
Price per m2 to Buy Apartment Outside of City Center
1,991.81 $