Montevideo, Uruguay
Cost of living · 2024 · Americas · Rent +6.4% vs 2023
Rent trend in Montevideo (2022–2026)
Cost breakdown in Montevideo (2024)
Estimated monthly budget in Montevideo
Based on 2024 data. Includes rent, groceries, transport, utilities and occasional dining out.
Other Americas cities (2024)
Frequently asked questions
What is the cost of living in Montevideo in 2024?
In 2024, a single person living in Montevideo needs approximately UYU 64,990/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around UYU 127,510/month. Montevideo is considered a relatively expensive city by global standards.
How much is rent in Montevideo in 2024?
A 1-bedroom apartment in Montevideo costs approximately UYU 35,000/month in 2024. A 3-bedroom apartment runs around UYU 65,000/month. Rent has changed +6.4% vs 2023.
How much do groceries cost in Montevideo?
Monthly grocery costs for one person in Montevideo are approximately UYU 18,000 in 2024. This covers basic supermarket shopping including food and household essentials.
What does public transport cost in Montevideo?
A monthly public transport pass in Montevideo costs UYU 1,650 in 2024, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Montevideo?
Monthly utility costs in Montevideo average UYU 6,500 in 2024, covering electricity, heating/cooling, water and internet for a standard apartment.
Is Montevideo expensive to live in?
Montevideo is located in Uruguay (Americas). With a 1-bed rent of UYU 35,000/month and total single-person expenses around UYU 64,990/month, it is relatively expensive by global standards.
How much does eating out cost in Montevideo?
A typical restaurant meal for one person in Montevideo costs approximately UYU 480 in 2024. Budget around UYU 3,840/month if dining out a few times a week.
How have living costs in Montevideo changed over time?
LifeIndexed tracks cost of living data for Montevideo from 2022 to 2026. 1-bed rent has increased by 27.2% over this period (from UYU 30,800 in 2022 to UYU 39,174 in 2026). Use the year tabs above to compare costs across years.
What is the monthly budget needed to live comfortably in Montevideo?
To live comfortably in Montevideo in 2024, a single person needs approximately UYU 64,990/month. This covers rent (UYU 35,000), groceries (UYU 18,000), transport (UYU 1,650), utilities (UYU 6,500) and dining out occasionally. A family of 3–4 should budget around UYU 127,510/month.