Montevideo vs Madrid

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

38✓Cost Index39
1,200Median Income /mo2,200✓
83✓Safety Index71
18✓Income Tax %25
160Internet (Mbps)200✓
275Coworking /mo200✓

Price Breakdown

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

Digital Nomad Profile

Montevideo

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

Madrid

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

Frequently Asked Questions

Is Montevideo cheaper than Madrid?

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 Montevideo and Madrid?

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

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

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

What is the average income in Montevideo vs Madrid?

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

Compare Montevideo with…

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

Cities that cost about the same as Montevideo

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