Montevideo vs Monterrey

Cost of living comparison for 2026. Monterrey is roughly 18% more affordable than Montevideo (index 31 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Monterrey
More affordable overall
18% cheaper than Montevideo · Cost index: 31 vs 38

Life Power at $3,000/mo

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

Head-to-Head Stats

38Cost Index31✓
1,200✓Median Income /mo1,106
83✓Safety Index52
18✓Income Tax %20
160✓Internet (Mbps)86
275Coworking /mo250✓

Price Breakdown

MontevideoCategoryMonterrey
$750/month
1-BR Apartment (Center)
27% cheaper →
$1,021/month
$1.1/liter
Meal for One
35% cheaper →
$1.7/liter
$14/meal
Restaurant (Mid-range)
$14/meal
$75/month
Monthly Transit Pass
53% ← cheaper
$35/month
$180/month
Utilities (Monthly)
39% ← cheaper
$110/month
$95/visit
Doctor Visit
58% ← cheaper
$40/visit

Digital Nomad Profile

Montevideo

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

Monterrey

Internet86 Mbps
Coworking$250/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability70/100

Frequently Asked Questions

Is Montevideo cheaper than Monterrey?

Monterrey is cheaper than Montevideo. Monterrey has a cost of living index of 31/100 compared to 38/100 for Montevideo (New York = 100), making it roughly 18% more affordable overall.

How much cheaper is Monterrey than Montevideo?

Monterrey is approximately 18% cheaper than Montevideo based on cost index scores (31 vs 38, where New York = 100). A person spending $3,000/month in Montevideo could live a similar lifestyle for roughly $2,471/month in Monterrey.

What is the rent comparison between Montevideo and Monterrey?

In Montevideo, a 1-bedroom apartment in the city center costs approximately $750/month. In Monterrey, the equivalent is around $1,021/month.

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

Both cities have nomad infrastructure. Montevideo offers 160 Mbps internet and coworking at ~$275/month. Monterrey offers 86 Mbps and coworking at ~$250/month. Monterrey has a cost advantage of 18%.

What is the average income in Montevideo vs Monterrey?

The median net monthly salary in Montevideo is approximately $1,200 USD, compared to $1,106 USD in Monterrey.

Compare Montevideo with…

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