Cost of Living in Montevideo, Uruguay
Montevideo has a cost of living index of 56/100 (New York = 100). It is 44% cheaper than New York. Data sourced live via AI — updated regularly.
Cost Breakdown by Category
Digital Nomad Profile
Best neighborhoods: Pocitos, Punta Carretas, Ciudad Vieja
Frequently Asked Questions
Is Montevideo cheap to live in?
Montevideo has a cost of living index of 56/100, where New York = 100. It is 44% cheaper than New York. A single person can live comfortably for approximately $1,120–$1,568 per month.
How much does rent cost in Montevideo?
A 1-bedroom apartment in the city center of Montevideo costs approximately $800/month. Outside the center, expect to pay around $600/month.
Is Montevideo good for digital nomads?
Montevideo has a growing digital nomad community. Average internet speed is 75 Mbps, café wifi reliability is good, and coworking spaces run about $280/month. English proficiency is moderate.
What is the average salary in Montevideo?
The median net monthly salary in Montevideo is approximately $1,100 USD. The income tax rate is around 20%.
How does Montevideo compare to New York for cost of living?
Montevideo (cost index 56) is 44% cheaper than New York (cost index 100). You could save roughly $1,100/month by moving from New York to Montevideo.
Compare Montevideo with another city
See exactly how Montevideo stacks up against your current city or next destination.
Free to start · No credit card needed