Cost of Living Comparison Between Madrid and Montevideo 
| Indices Difference |  |
|---|---|
| Cost of Living in Montevideo is 2.4% higher than in Madrid (without rent) | |
| Cost of Living Including Rent in Montevideo is 19.0% lower than in Madrid | |
| Rent Prices in Montevideo are 56.5% lower than in Madrid | |
| Restaurant Prices in Montevideo are 9.7% lower than in Madrid | |
| Groceries Prices in Montevideo are 2.5% higher than in Madrid | |
| Local Purchasing Power in Montevideo is 32.3% lower than in Madrid | |
Restaurants | Madrid Edit |
Montevideo Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (624.26 $U) |
13.22 € (550.00 $U) |
-11.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,497.05 $U) |
48.06 € (2,000.00 $U) |
-19.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (416.17 $U) |
9.61 € (400.00 $U) |
-3.9 % |
| Domestic Beer (1 pint draught) |
3.50 € (145.66 $U) |
3.36 € (140.00 $U) |
-3.9 % |
| Imported Beer (12 oz small bottle) |
4.00 € (166.47 $U) |
3.60 € (150.00 $U) |
-9.9 % |
| Cappuccino (regular) |
2.46 € (102.46 $U) |
3.83 € (159.20 $U) |
+55.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.60 € (108.03 $U) |
2.01 € (83.78 $U) |
-22.4 % |
| Water (12 oz small bottle) |
1.70 € (70.86 $U) |
1.52 € (63.32 $U) |
-10.6 % |
Markets | Madrid Edit |
Montevideo Edit | |
| Milk (regular), (1 gallon) |
4.03 € (167.82 $U) |
4.05 € (168.66 $U) |
+0.5 % |
| Loaf of Fresh White Bread (1 lb) |
1.43 € (59.54 $U) |
2.46 € (102.47 $U) |
+72.1 % |
| Rice (white), (1 lb) |
0.68 € (28.13 $U) |
0.66 € (27.53 $U) |
-2.1 % |
| Eggs (regular) (12) |
2.81 € (117.09 $U) |
4.33 € (180.31 $U) |
+54.0 % |
| Local Cheese (1 lb) |
6.51 € (270.97 $U) |
5.24 € (217.89 $U) |
-19.6 % |
| Chicken Fillets (1 lb) |
3.60 € (149.94 $U) |
4.24 € (176.37 $U) |
+17.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.48 € (269.68 $U) |
4.44 € (184.96 $U) |
-31.4 % |
| Apples (1 lb) |
1.07 € (44.66 $U) |
1.02 € (42.30 $U) |
-5.3 % |
| Banana (1 lb) |
0.84 € (35.01 $U) |
1.07 € (44.69 $U) |
+27.6 % |
| Oranges (1 lb) |
0.91 € (38.04 $U) |
0.69 € (28.91 $U) |
-24.0 % |
| Tomato (1 lb) |
1.03 € (42.97 $U) |
1.31 € (54.52 $U) |
+26.9 % |
| Potato (1 lb) |
0.69 € (28.66 $U) |
0.80 € (33.31 $U) |
+16.2 % |
| Onion (1 lb) |
0.70 € (29.04 $U) |
0.76 € (31.49 $U) |
+8.5 % |
| Lettuce (1 head) |
1.21 € (50.18 $U) |
1.19 € (49.64 $U) |
-1.1 % |
| Water (1.5 liter bottle) |
0.89 € (37.25 $U) |
1.62 € (67.50 $U) |
+81.2 % |
| Bottle of Wine (Mid-Range) |
6.00 € (249.70 $U) |
7.21 € (300.00 $U) |
+20.1 % |
| Domestic Beer (0.5 liter bottle) |
1.23 € (51.31 $U) |
2.21 € (91.98 $U) |
+79.3 % |
| Imported Beer (12 oz small bottle) |
1.93 € (80.44 $U) |
3.13 € (130.16 $U) |
+61.8 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (234.10 $U) |
4.81 € (200.00 $U) |
-14.6 % |
Transportation | Madrid Edit |
Montevideo Edit | |
| One-way Ticket (Local Transport) |
1.50 € (62.43 $U) |
1.25 € (52.00 $U) |
-16.7 % |
| Monthly Pass (Regular Price) |
52.00 € (2,164.11 $U) |
43.25 € (1,800.00 $U) |
-16.8 % |
| Taxi Start (Normal Tariff) |
3.12 € (130.05 $U) |
1.56 € (65.00 $U) |
-50.0 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (87.07 $U) |
3.87 € (160.93 $U) |
+84.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
23.12 € (962.40 $U) |
10.81 € (450.00 $U) |
-53.2 % |
| Gasoline (1 gallon) |
6.29 € (261.96 $U) |
6.95 € (289.45 $U) |
+10.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,388,566.37 $U) |
38,412.15 € (1,598,616.00 $U) |
+15.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (1,149,463.14 $U) |
35,856.69 € (1,492,264.27 $U) |
+29.8 % |
Utilities (Monthly) | Madrid Edit |
Montevideo Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
152.60 € (6,350.96 $U) |
132.86 € (5,529.41 $U) |
-12.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.73 € (654.74 $U) |
15.42 € (641.88 $U) |
-2.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.23 € (1,299.64 $U) |
40.48 € (1,684.75 $U) |
+29.6 % |
Sports And Leisure | Madrid Edit |
Montevideo Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.81 € (1,906.48 $U) |
58.32 € (2,427.20 $U) |
+27.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.75 € (572.24 $U) |
21.75 € (905.10 $U) |
+58.2 % |
| Cinema, International Release, 1 Seat |
10.00 € (416.17 $U) |
9.85 € (410.00 $U) |
-1.5 % |
Childcare | Madrid Edit |
Montevideo Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (21,086.18 $U) |
362.43 € (15,083.33 $U) |
-28.5 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (383,475.12 $U) |
7,957.60 € (331,175.00 $U) |
-13.6 % |
Clothing And Shoes | Madrid Edit |
Montevideo Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
88.72 € (3,692.25 $U) |
95.03 € (3,955.00 $U) |
+7.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.69 € (1,485.28 $U) |
42.07 € (1,751.04 $U) |
+17.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.49 € (3,640.93 $U) |
107.57 € (4,476.65 $U) |
+23.0 % |
| 1 Pair of Men Leather Business Shoes |
104.58 € (4,352.49 $U) |
112.19 € (4,669.07 $U) |
+7.3 % |
Rent Per Month | Madrid Edit |
Montevideo Edit | |
| Apartment (1 bedroom) in City Centre |
1,343.75 € (55,923.45 $U) |
572.41 € (23,822.27 $U) |
-57.4 % |
| Apartment (1 bedroom) Outside of Centre |
962.27 € (40,047.34 $U) |
426.31 € (17,741.98 $U) |
-55.7 % |
| Apartment (3 bedrooms) in City Centre |
2,313.83 € (96,295.71 $U) |
968.94 € (40,324.96 $U) |
-58.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,684.52 € (70,105.59 $U) |
773.75 € (32,201.63 $U) |
-54.1 % |
Buy Apartment Price | Madrid Edit |
Montevideo Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
510.00 € (21,225.00 $U) |
218.13 € (9,078.03 $U) |
-57.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
296.50 € (12,339.54 $U) |
180.90 € (7,528.49 $U) |
-39.0 % |
Salaries And Financing | Madrid Edit |
Montevideo Edit | |
| Average Monthly Net Salary (After Tax) |
2,146.56 € (89,334.46 $U) |
1,176.99 € (48,983.18 $U) |
-45.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.36 | 6.54 | +94.7 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 514 | 111 |
Moving to Madrid? Explore:
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| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |
Cities near Montevideo: | Cost of Living in Las Piedras | 12.66 miles |
| Cost of Living in Canelones | 28.13 miles |
| Cost of Living in Minas | 75.06 miles |
| Cost of Living in Maldonado | 88.27 miles |
| Cost of Living in San Carlos | 95.02 miles |
| Cost of Living in Trinidad | 137.35 miles |
| Cost of Living in Treinta y Tres | 198.42 miles |
| Cost of Living in Young | 211.60 miles |
| Cost of Living in Colonia | 220.64 miles |
| Cost of Living in Fray Bentos | 238.89 miles |