Cost of Living Comparison Between Madrid and Montevideo 
| Indices Difference |  |
|---|---|
| Cost of Living in Montevideo is 3.9% higher than in Madrid (without rent) | |
| Cost of Living Including Rent in Montevideo is 17.5% lower than in Madrid | |
| Rent Prices in Montevideo are 55.4% lower than in Madrid | |
| Restaurant Prices in Montevideo are 9.5% lower than in Madrid | |
| Groceries Prices in Montevideo are 3.4% higher than in Madrid | |
| Local Purchasing Power in Montevideo is 33.5% lower than in Madrid | |
Restaurants | Madrid Edit |
Montevideo Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (624.01 $U) |
13.22 € (550.00 $U) |
-11.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,496.05 $U) |
48.08 € (2,000.00 $U) |
-19.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (416.01 $U) |
9.62 € (400.00 $U) |
-3.8 % |
| Domestic Beer (1 pint draught) |
3.50 € (145.60 $U) |
3.12 € (130.00 $U) |
-10.7 % |
| Imported Beer (12 oz small bottle) |
4.00 € (166.40 $U) |
3.61 € (150.00 $U) |
-9.9 % |
| Cappuccino (regular) |
2.41 € (100.43 $U) |
3.87 € (161.20 $U) |
+60.5 % |
| Coke/Pepsi (12 oz small bottle) |
2.54 € (105.63 $U) |
2.08 € (86.40 $U) |
-18.2 % |
| Water (12 oz small bottle) |
1.66 € (68.97 $U) |
1.56 € (64.91 $U) |
-5.9 % |
Markets | Madrid Edit |
Montevideo Edit | |
| Milk (regular), (1 gallon) |
4.00 € (166.44 $U) |
4.05 € (168.66 $U) |
+1.3 % |
| Loaf of Fresh White Bread (1 lb) |
1.40 € (58.24 $U) |
2.46 € (102.47 $U) |
+75.9 % |
| Rice (white), (1 lb) |
0.66 € (27.53 $U) |
0.66 € (27.53 $U) |
-0.0 % |
| Eggs (regular) (12) |
2.81 € (117.05 $U) |
4.33 € (180.31 $U) |
+54.1 % |
| Local Cheese (1 lb) |
6.51 € (270.87 $U) |
5.24 € (217.89 $U) |
-19.6 % |
| Chicken Fillets (1 lb) |
3.54 € (147.29 $U) |
4.24 € (176.37 $U) |
+19.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.47 € (269.03 $U) |
4.45 € (184.96 $U) |
-31.2 % |
| Apples (1 lb) |
1.05 € (43.62 $U) |
1.02 € (42.30 $U) |
-3.0 % |
| Banana (1 lb) |
0.83 € (34.54 $U) |
1.07 € (44.69 $U) |
+29.4 % |
| Oranges (1 lb) |
0.88 € (36.74 $U) |
0.69 € (28.91 $U) |
-21.3 % |
| Tomato (1 lb) |
1.02 € (42.43 $U) |
1.31 € (54.52 $U) |
+28.5 % |
| Potato (1 lb) |
0.68 € (28.27 $U) |
0.80 € (33.31 $U) |
+17.8 % |
| Onion (1 lb) |
0.70 € (29.02 $U) |
0.76 € (31.49 $U) |
+8.5 % |
| Lettuce (1 head) |
1.19 € (49.67 $U) |
1.19 € (49.64 $U) |
-0.1 % |
| Water (1.5 liter bottle) |
0.89 € (37.06 $U) |
1.62 € (67.50 $U) |
+82.1 % |
| Bottle of Wine (Mid-Range) |
6.00 € (249.60 $U) |
7.21 € (300.00 $U) |
+20.2 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (50.80 $U) |
2.21 € (91.98 $U) |
+81.1 % |
| Imported Beer (12 oz small bottle) |
1.93 € (80.41 $U) |
3.13 € (130.16 $U) |
+61.9 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (234.00 $U) |
4.81 € (200.00 $U) |
-14.5 % |
Transportation | Madrid Edit |
Montevideo Edit | |
| One-way Ticket (Local Transport) |
1.50 € (62.40 $U) |
1.25 € (52.00 $U) |
-16.7 % |
| Monthly Pass (Regular Price) |
52.00 € (2,163.24 $U) |
43.27 € (1,800.00 $U) |
-16.8 % |
| Taxi Start (Normal Tariff) |
3.12 € (130.00 $U) |
1.56 € (65.00 $U) |
-50.0 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (87.04 $U) |
3.87 € (160.93 $U) |
+84.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.25 € (925.62 $U) |
10.82 € (450.00 $U) |
-51.4 % |
| Gasoline (1 gallon) |
6.26 € (260.58 $U) |
6.96 € (289.45 $U) |
+11.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,388,011.40 $U) |
38,427.51 € (1,598,616.00 $U) |
+15.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (1,149,003.74 $U) |
35,865.79 € (1,492,046.38 $U) |
+29.9 % |
Utilities (Monthly) | Madrid Edit |
Montevideo Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
145.88 € (6,068.88 $U) |
132.92 € (5,529.41 $U) |
-8.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.14 € (629.84 $U) |
15.43 € (641.88 $U) |
+1.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.64 € (1,274.59 $U) |
40.50 € (1,684.75 $U) |
+32.2 % |
Sports And Leisure | Madrid Edit |
Montevideo Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.88 € (1,867.08 $U) |
58.34 € (2,427.04 $U) |
+30.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.75 € (530.41 $U) |
21.76 € (905.10 $U) |
+70.6 % |
| Cinema, International Release, 1 Seat |
10.00 € (416.01 $U) |
9.86 € (410.00 $U) |
-1.4 % |
Childcare | Madrid Edit |
Montevideo Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (21,077.75 $U) |
362.57 € (15,083.33 $U) |
-28.4 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (383,321.85 $U) |
7,960.78 € (331,175.00 $U) |
-13.6 % |
Clothing And Shoes | Madrid Edit |
Montevideo Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.66 € (3,313.80 $U) |
95.07 € (3,955.00 $U) |
+19.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.45 € (1,350.12 $U) |
42.09 € (1,751.00 $U) |
+29.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
81.33 € (3,383.53 $U) |
107.60 € (4,476.27 $U) |
+32.3 % |
| 1 Pair of Men Leather Business Shoes |
93.43 € (3,886.71 $U) |
112.22 € (4,668.57 $U) |
+20.1 % |
Rent Per Month | Madrid Edit |
Montevideo Edit | |
| Apartment (1 bedroom) in City Centre |
1,308.16 € (54,420.67 $U) |
572.59 € (23,820.10 $U) |
-56.2 % |
| Apartment (1 bedroom) Outside of Centre |
944.22 € (39,280.42 $U) |
426.42 € (17,739.32 $U) |
-54.8 % |
| Apartment (3 bedrooms) in City Centre |
2,257.29 € (93,905.19 $U) |
969.22 € (40,320.21 $U) |
-57.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,638.37 € (68,157.62 $U) |
773.89 € (32,194.27 $U) |
-52.8 % |
Buy Apartment Price | Madrid Edit |
Montevideo Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
462.78 € (19,251.95 $U) |
217.94 € (9,066.50 $U) |
-52.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
260.88 € (10,852.69 $U) |
180.73 € (7,518.70 $U) |
-30.7 % |
Salaries And Financing | Madrid Edit |
Montevideo Edit | |
| Average Monthly Net Salary (After Tax) |
2,180.20 € (90,698.17 $U) |
1,197.13 € (49,801.44 $U) |
-45.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.96 | 6.54 | +121.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 519 | 109 |
Moving to Madrid? Explore:
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| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
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Cities near Montevideo: | Cost of Living in Las Piedras | 12.66 miles |
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| 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 |