Madrid vs Montevideo

Cost of living comparison for 2026. Montevideo is roughly 3% more affordable than Madrid (index 38 vs 39, New York = 100). Data sourced live via AI — updated regularly.

Montevideo
More affordable overall
3% cheaper than Madrid · Cost index: 38 vs 39

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

39Cost Index38✓
2,200✓Median Income /mo1,200
71Safety Index83✓
25Income Tax %18✓
200✓Internet (Mbps)160
200✓Coworking /mo275

Price Breakdown

MadridCategoryMontevideo
$1,370/month
1-BR Apartment (Center)
45% ← cheaper
$750/month
$1.2/liter
Meal for One
8% ← cheaper
$1.1/liter
$17/meal
Restaurant (Mid-range)
18% ← cheaper
$14/meal
$76/month
Monthly Transit Pass
1% ← cheaper
$75/month
$224/month
Utilities (Monthly)
20% ← cheaper
$180/month
$87/visit
Doctor Visit
8% cheaper →
$95/visit

Digital Nomad Profile

Madrid

Internet200 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability74/100

Montevideo

Internet160 Mbps
Coworking$275/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Frequently Asked Questions

Is Madrid cheaper than Montevideo?

Montevideo is cheaper than Madrid. Montevideo has a cost of living index of 38/100 compared to 39/100 for Madrid (New York = 100), making it roughly 3% more affordable overall.

How much cheaper is Montevideo than Madrid?

Montevideo is approximately 3% cheaper than Madrid based on cost index scores (38 vs 39, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,914/month in Montevideo.

What is the rent comparison between Madrid and Montevideo?

In Madrid, a 1-bedroom apartment in the city center costs approximately $1,370/month. In Montevideo, the equivalent is around $750/month.

Which city is better for digital nomads — Madrid or Montevideo?

Both cities have nomad infrastructure. Madrid offers 200 Mbps internet and coworking at ~$200/month. Montevideo offers 160 Mbps and coworking at ~$275/month. Montevideo has a cost advantage of 3%.

What is the average income in Madrid vs Montevideo?

The median net monthly salary in Madrid is approximately $2,200 USD, compared to $1,200 USD in Montevideo.

Compare Madrid with…

Popular head-to-heads — see exactly where Madrid wins or loses.

Cities that cost about the same as Madrid

Same spending tier, different part of the world — the head-to-heads people actually weigh when relocating.

Explore this comparison interactively

See radar charts, detailed category breakdowns, and compare any two cities in real time.

Free to start · No credit card needed