Uruguay

Cost of living in Montevideo

Montevideo is Uruguay's capital and home to more than a third of the country's people, on the Río de la Plata. Uruguay's prices sit at the higher end for South America, and this dataset reflects that.

Currency: UYUAltitude: 43 mData period: Q1–Q2 2026Status: modeled estimate
Boats in the bay with the Montevideo skyline

What it costs to live in Montevideo

From
$728
Frugal · Room
One person, typical
$1,533
Average · 1-bed apartment
Family of four
$2,128
Average · Family apartment
Cost position
16/19
1 = lowest

On an average lifestyle in a 1-bed apartment, Montevideo comes to an estimated $1,533 a month: the 16th lowest of 19 cities and 43% above the median of this dataset ($1,073). Rent makes up 52% of the total. Compared with the median city, you would spend more on rent, groceries, transport, utilities, internet, coworking and entertainment.

Monthly total by lifestyle and housing
LifestyleRoom1-bed apartmentFamily apartment
Frugal$728$1,088$1,563
Average$1,153$1,533$2,128
Comfortable$1,655$2,105$2,870

Every figure is a modeled estimate in US dollars, not an individually observed price. Q1–Q2 2026 data, not re-verified since. Methodology

Your budget in Montevideo

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Monthly breakdown by category

One person, 1-bed apartment, average lifestyle. Median = the middle city of all 19.

Breakdown by category
CategoryMontevideo% of totalMedian
Rent$80052%$540
Groceries$27018%$200
Transport$604%$40
Utilities$805%$58
Internet$332%$28
Coworking$1409%$100
Entertainment$15010%$100
Total per month$1,533100%$1,073

Housing in Montevideo

Room
$350–$720
estimated monthly rent, frugal to comfortable
1-bed apartment
$600–$1,100
estimated monthly rent, frugal to comfortable
Family apartment
$900–$1,550
estimated monthly rent, frugal to comfortable

Before signing, always ask about the deposit, any rent paid in advance, whether a guarantor is required and who pays utilities and building fees. These terms vary between landlords and are not fixed legal requirements.

Work out the cash you need to move in →

We do not yet publish neighborhood rents, healthcare, transport or school details for Montevideo. We will add them only with sourced, dated data.

Moving to Montevideo

Visa and residency rules in Uruguay depend on your nationality and circumstances. Always check the official website of Uruguay's migration authority or its nearest consulate. Nothing on this page is legal advice.

Compare Montevideo with other cities

Montevideo cost of living FAQ

How much does it cost to live in Montevideo?
Our Q1–Q2 2026 data puts it between $728 a month (one person, a room, frugal) and $2,870 (a family, family apartment, comfortable). The most common scenario, one person in a 1-bed apartment on an average budget, comes to $1,533.
How much is rent in Montevideo?
Estimated rent runs from $350 for a room to $1,550 for a family apartment at the comfortable end. A 1-bed apartment falls between $600 and $1,100. The neighborhood moves these numbers a lot.
Can one person live on $1,000 a month in Montevideo?
On a frugal budget renting a room, the estimated total is $728, so yes, it fits within $1,000. With your own 1-bed apartment on a frugal budget it rises to $1,088.
How much does a family need in Montevideo?
For two adults and two children in a family apartment, the estimated total is $1,563 (frugal), $2,128 (average) or $2,870 (comfortable). School fees and health insurance are not included.
Do exchange rates affect these costs?
Yes. Uruguay uses the Uruguayan peso, and the figures are in US dollars at the exchange rate of the data period.

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