Cost of Living Comparison Between Caracas and Montevideo 

Indices DifferenceInfo
Consumer Prices in Montevideo are 32.6% higher than in Caracas (without rent)
Consumer Prices Including Rent in Montevideo are 37.2% higher than in Caracas
Rent Prices in Montevideo are 59.8% higher than in Caracas
Restaurant Prices in Montevideo are 20.8% higher than in Caracas
Groceries Prices in Montevideo are 24.2% higher than in Caracas
Local Purchasing Power in Montevideo is 386.8% higher than in Caracas
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Caracas Edit Montevideo Edit Difference
Meal, Inexpensive Restaurant 10.00 $
(384.16 $U)
14.32 $
(550.00 $U)
     +43.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 57.50 $
(2,208.93 $U)
52.06 $
(2,000.00 $U)
     -9.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $
(384.16 $U)
10.41 $
(400.00 $U)
     +4.1 %
Domestic Beer (1 pint draught) 1.50 $
(57.62 $U)
3.12 $
(120.00 $U)
     +108.2 %
Imported Beer (12 oz small bottle) 3.00 $
(115.25 $U)
3.90 $
(150.00 $U)
     +30.2 %
Cappuccino (regular) 2.17 $
(83.18 $U)
3.99 $
(153.35 $U)
     +84.4 %
Coke/Pepsi (12 oz small bottle) 1.30 $
(50.00 $U)
2.13 $
(81.91 $U)
     +63.8 %
Water (12 oz small bottle) 0.96 $
(36.96 $U)
1.70 $
(65.29 $U)
     +76.6 %
Markets
Caracas Edit Montevideo Edit
Milk (regular), (1 gallon) 7.34 $
(281.79 $U)
4.31 $
(165.76 $U)
     -41.2 %
Loaf of Fresh White Bread (1 lb) 2.07 $
(79.39 $U)
2.65 $
(101.89 $U)
     +28.4 %
Rice (white), (1 lb) 0.58 $
(22.18 $U)
0.70 $
(26.98 $U)
     +21.6 %
Eggs (regular) (12) 2.51 $
(96.34 $U)
4.59 $
(176.15 $U)
     +82.8 %
Local Cheese (1 lb) 3.05 $
(117.00 $U)
5.55 $
(213.38 $U)
     +82.4 %
Chicken Fillets (1 lb) 2.84 $
(109.06 $U)
4.55 $
(174.92 $U)
     +60.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.28 $
(125.99 $U)
4.95 $
(190.30 $U)
     +51.0 %
Apples (1 lb) 2.20 $
(84.65 $U)
1.06 $
(40.58 $U)
     -52.1 %
Banana (1 lb) 0.61 $
(23.44 $U)
1.15 $
(44.37 $U)
     +89.3 %
Oranges (1 lb) 0.93 $
(35.72 $U)
0.68 $
(26.10 $U)
     -26.9 %
Tomato (1 lb) 0.74 $
(28.53 $U)
1.37 $
(52.58 $U)
     +84.3 %
Potato (1 lb) 0.87 $
(33.49 $U)
0.83 $
(32.07 $U)
     -4.2 %
Onion (1 lb) 0.83 $
(31.74 $U)
0.82 $
(31.47 $U)
     -0.9 %
Lettuce (1 head) 1.00 $
(38.42 $U)
1.27 $
(48.67 $U)
     +26.7 %
Water (1.5 liter bottle) 1.41 $
(54.10 $U)
1.67 $
(64.27 $U)
     +18.8 %
Bottle of Wine (Mid-Range) 9.00 $
(345.75 $U)
7.81 $
(300.00 $U)
     -13.2 %
Domestic Beer (0.5 liter bottle) 1.42 $
(54.41 $U)
2.28 $
(87.50 $U)
     +60.8 %
Imported Beer (12 oz small bottle) 1.90 $
(72.99 $U)
3.21 $
(123.44 $U)
     +69.1 %
Cigarettes 20 Pack (Marlboro) 3.25 $
(124.85 $U)
5.21 $
(200.00 $U)
     +60.2 %
Transportation
Caracas Edit Montevideo Edit
One-way Ticket (Local Transport) 0.45 $
(17.29 $U)
1.35 $
(52.00 $U)
     +200.8 %
Monthly Pass (Regular Price) 30.00 $
(1,152.49 $U)
46.86 $
(1,800.00 $U)
     +56.2 %
Taxi Start (Normal Tariff) 5.00 $
(192.08 $U)
1.69 $
(65.00 $U)
     -66.2 %
Taxi 1 mile (Normal Tariff) 3.22 $
(123.65 $U)
3.67 $
(140.82 $U)
     +13.9 %
Taxi 1hour Waiting (Normal Tariff) 10.00 $
(384.16 $U)
11.71 $
(450.00 $U)
     +17.1 %
Gasoline (1 gallon) 1.89 $
(72.71 $U)
7.52 $
(289.02 $U)
     +297.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 $
(1,229,318.18 $U)
40,329.56 $
(1,549,308.00 $U)
     +26.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 37,250.00 $
(1,431,003.19 $U)
38,833.31 $
(1,491,828.00 $U)
     +4.3 %
Utilities (Monthly)
Caracas Edit Montevideo Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 13.68 $
(525.52 $U)
144.89 $
(5,566.25 $U)
     +959.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.00 $
(576.24 $U)
16.01 $
(615.00 $U)
     +6.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 43.85 $
(1,684.40 $U)
41.93 $
(1,610.64 $U)
     -4.4 %
Sports And Leisure
Caracas Edit Montevideo Edit
Fitness Club, Monthly Fee for 1 Adult 55.50 $
(2,132.10 $U)
59.26 $
(2,276.43 $U)
     +6.8 %
Tennis Court Rent (1 Hour on Weekend) 13.50 $
(518.62 $U)
23.15 $
(889.28 $U)
     +71.5 %
Cinema, International Release, 1 Seat 5.50 $
(211.29 $U)
10.67 $
(410.00 $U)
     +94.0 %
Childcare
Caracas Edit Montevideo Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 82.29 $
(3,161.33 $U)
392.83 $
(15,090.91 $U)
     +377.4 %
International Primary School, Yearly for 1 Child 3,520.00 $
(135,225.00 $U)
7,487.08 $
(287,625.00 $U)
     +112.7 %
Clothing And Shoes
Caracas Edit Montevideo Edit
1 Pair of Jeans (Levis 501 Or Similar) 47.69 $
(1,832.16 $U)
98.19 $
(3,772.22 $U)
     +105.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.00 $
(1,843.98 $U)
46.35 $
(1,780.59 $U)
     -3.4 %
1 Pair of Nike Running Shoes (Mid-Range) 89.62 $
(3,442.68 $U)
117.08 $
(4,497.89 $U)
     +30.7 %
1 Pair of Men Leather Business Shoes 67.55 $
(2,594.84 $U)
115.49 $
(4,436.75 $U)
     +71.0 %
Rent Per Month
Caracas Edit Montevideo Edit
Apartment (1 bedroom) in City Centre 311.11 $
(11,951.70 $U)
604.77 $
(23,232.92 $U)
     +94.4 %
Apartment (1 bedroom) Outside of Centre 344.44 $
(13,232.24 $U)
462.79 $
(17,778.59 $U)
     +34.4 %
Apartment (3 bedrooms) in City Centre 612.50 $
(23,529.92 $U)
1,016.73 $
(39,058.82 $U)
     +66.0 %
Apartment (3 bedrooms) Outside of Centre 572.22 $
(21,982.60 $U)
855.99 $
(32,883.85 $U)
     +49.6 %
Buy Apartment Price
Caracas Edit Montevideo Edit
Price per Square Feet to Buy Apartment in City Centre 78.00 $
(2,996.39 $U)
273.92 $
(10,523.08 $U)
     +251.2 %
Price per Square Feet to Buy Apartment Outside of Centre 114.14 $
(4,384.71 $U)
215.61 $
(8,283.07 $U)
     +88.9 %
Salaries And Financing
Caracas Edit Montevideo Edit
Average Monthly Net Salary (After Tax) 194.67 $
(7,478.35 $U)
1,300.07 $
(49,943.61 $U)
     +567.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 28.50 7.83      -72.5 %
Last update: February 2024March 2024
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