Cost of Living Comparison Between Caracas and Montevideo 
| Indices Difference |  |
|---|---|
| Cost of Living in Montevideo is 31.2% higher than in Caracas (without rent) | |
| Cost of Living Including Rent in Montevideo is 30.7% higher than in Caracas | |
| Rent Prices in Montevideo are 28.3% higher than in Caracas | |
| Restaurant Prices in Montevideo are 17.4% higher than in Caracas | |
| Groceries Prices in Montevideo are 24.1% higher than in Caracas | |
| Local Purchasing Power in Montevideo is 430.0% higher than in Caracas | |
Restaurants | Caracas Edit |
Montevideo Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 $ (384.68 $U) |
14.30 $ (550.00 $U) |
+43.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 $ (2,308.11 $U) |
51.99 $ (2,000.00 $U) |
-13.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 $ (423.15 $U) |
10.40 $ (400.00 $U) |
-5.5 % |
| Domestic Beer (1 pint draught) |
1.50 $ (57.70 $U) |
3.38 $ (130.00 $U) |
+125.3 % |
| Imported Beer (12 oz small bottle) |
3.00 $ (115.41 $U) |
3.90 $ (150.00 $U) |
+30.0 % |
| Cappuccino (regular) |
2.36 $ (90.68 $U) |
4.19 $ (161.22 $U) |
+77.8 % |
| Coke/Pepsi (12 oz small bottle) |
1.30 $ (50.17 $U) |
2.25 $ (86.40 $U) |
+72.2 % |
| Water (12 oz small bottle) |
0.97 $ (37.24 $U) |
1.69 $ (64.91 $U) |
+74.3 % |
Markets | Caracas Edit |
Montevideo Edit | |
| Milk (regular), (1 gallon) |
7.44 $ (286.36 $U) |
4.38 $ (168.68 $U) |
-41.1 % |
| Loaf of Fresh White Bread (1 lb) |
2.00 $ (77.10 $U) |
2.66 $ (102.47 $U) |
+32.9 % |
| Rice (white), (1 lb) |
0.58 $ (22.26 $U) |
0.72 $ (27.53 $U) |
+23.7 % |
| Eggs (regular) (12) |
2.56 $ (98.54 $U) |
4.69 $ (180.31 $U) |
+83.0 % |
| Local Cheese (1 lb) |
3.45 $ (132.56 $U) |
5.66 $ (217.89 $U) |
+64.4 % |
| Chicken Fillets (1 lb) |
2.89 $ (111.15 $U) |
4.58 $ (176.37 $U) |
+58.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
3.37 $ (129.80 $U) |
4.81 $ (184.96 $U) |
+42.5 % |
| Apples (1 lb) |
2.15 $ (82.55 $U) |
1.10 $ (42.30 $U) |
-48.8 % |
| Banana (1 lb) |
0.62 $ (24.04 $U) |
1.16 $ (44.69 $U) |
+85.9 % |
| Oranges (1 lb) |
0.93 $ (35.77 $U) |
0.75 $ (28.91 $U) |
-19.2 % |
| Tomato (1 lb) |
0.79 $ (30.27 $U) |
1.42 $ (54.52 $U) |
+80.1 % |
| Potato (1 lb) |
0.86 $ (32.97 $U) |
0.87 $ (33.31 $U) |
+1.0 % |
| Onion (1 lb) |
0.85 $ (32.51 $U) |
0.82 $ (31.49 $U) |
-3.1 % |
| Lettuce (1 head) |
1.00 $ (38.47 $U) |
1.29 $ (49.64 $U) |
+29.0 % |
| Water (1.5 liter bottle) |
1.49 $ (57.32 $U) |
1.75 $ (67.50 $U) |
+17.8 % |
| Bottle of Wine (Mid-Range) |
9.00 $ (346.22 $U) |
7.80 $ (300.00 $U) |
-13.3 % |
| Domestic Beer (0.5 liter bottle) |
1.49 $ (57.34 $U) |
2.39 $ (91.98 $U) |
+60.4 % |
| Imported Beer (12 oz small bottle) |
1.86 $ (71.59 $U) |
3.38 $ (130.16 $U) |
+81.8 % |
| Cigarettes 20 Pack (Marlboro) |
3.25 $ (125.02 $U) |
5.20 $ (200.00 $U) |
+60.0 % |
Transportation | Caracas Edit |
Montevideo Edit | |
| One-way Ticket (Local Transport) |
0.50 $ (19.23 $U) |
1.35 $ (52.00 $U) |
+170.4 % |
| Monthly Pass (Regular Price) |
30.00 $ (1,154.05 $U) |
46.79 $ (1,800.00 $U) |
+56.0 % |
| Taxi Start (Normal Tariff) |
5.00 $ (192.34 $U) |
1.69 $ (65.00 $U) |
-66.2 % |
| Taxi 1 mile (Normal Tariff) |
3.22 $ (123.82 $U) |
4.18 $ (160.93 $U) |
+30.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
10.00 $ (384.68 $U) |
11.70 $ (450.00 $U) |
+17.0 % |
| Gasoline (1 gallon) |
1.89 $ (72.81 $U) |
7.52 $ (289.45 $U) |
+297.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,500.00 $ (1,288,693.91 $U) |
41,556.52 $ (1,598,616.00 $U) |
+24.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
39,666.67 $ (1,525,916.17 $U) |
38,784.98 $ (1,491,999.10 $U) |
-2.2 % |
Utilities (Monthly) | Caracas Edit |
Montevideo Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
12.43 $ (478.15 $U) |
143.74 $ (5,529.41 $U) |
+1,056.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.00 $ (577.03 $U) |
16.69 $ (641.88 $U) |
+11.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
41.67 $ (1,602.85 $U) |
43.80 $ (1,684.75 $U) |
+5.1 % |
Sports And Leisure | Caracas Edit |
Montevideo Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
61.25 $ (2,356.19 $U) |
63.09 $ (2,427.00 $U) |
+3.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.50 $ (519.32 $U) |
23.53 $ (905.10 $U) |
+74.3 % |
| Cinema, International Release, 1 Seat |
5.50 $ (211.58 $U) |
10.66 $ (410.00 $U) |
+93.8 % |
Childcare | Caracas Edit |
Montevideo Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
94.79 $ (3,646.49 $U) |
392.10 $ (15,083.33 $U) |
+313.6 % |
| International Primary School, Yearly for 1 Child |
4,720.00 $ (181,571.20 $U) |
8,609.00 $ (331,175.00 $U) |
+82.4 % |
Clothing And Shoes | Caracas Edit |
Montevideo Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
49.58 $ (1,907.40 $U) |
102.81 $ (3,955.00 $U) |
+107.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
42.67 $ (1,641.32 $U) |
45.53 $ (1,751.33 $U) |
+6.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
98.85 $ (3,802.46 $U) |
116.36 $ (4,476.19 $U) |
+17.7 % |
| 1 Pair of Men Leather Business Shoes |
71.30 $ (2,742.80 $U) |
121.36 $ (4,668.46 $U) |
+70.2 % |
Rent Per Month | Caracas Edit |
Montevideo Edit | |
| Apartment (1 bedroom) in City Centre |
375.00 $ (14,425.68 $U) |
619.20 $ (23,819.62 $U) |
+65.1 % |
| Apartment (1 bedroom) Outside of Centre |
370.00 $ (14,233.34 $U) |
461.12 $ (17,738.74 $U) |
+24.6 % |
| Apartment (3 bedrooms) in City Centre |
870.00 $ (33,467.57 $U) |
1,048.11 $ (40,319.18 $U) |
+20.5 % |
| Apartment (3 bedrooms) Outside of Centre |
695.45 $ (26,753.08 $U) |
836.86 $ (32,192.67 $U) |
+20.3 % |
Buy Apartment Price | Caracas Edit |
Montevideo Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
78.00 $ (3,000.47 $U) |
235.76 $ (9,069.38 $U) |
+202.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
114.14 $ (4,390.68 $U) |
195.40 $ (7,516.58 $U) |
+71.2 % |
Salaries And Financing | Caracas Edit |
Montevideo Edit | |
| Average Monthly Net Salary (After Tax) |
186.92 $ (7,190.65 $U) |
1,294.56 $ (49,799.90 $U) |
+592.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 23.33 | 6.54 | -72.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 44 | 109 |
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