Cost of Living Comparison Between Montevideo and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 2.3% lower than in Montevideo (without rent)
Cost of Living Including Rent in Madrid is 23.4% higher than in Montevideo
Rent Prices in Madrid are 130.0% higher than in Montevideo
Restaurant Prices in Madrid are 10.8% higher than in Montevideo
Groceries Prices in Madrid are 2.3% lower than in Montevideo
Local Purchasing Power in Madrid is 47.7% higher than in Montevideo
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Montevideo Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 550.00 $U
(13.22 €)
624.26 $U
(15.00 €)
     +13.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 2,000.00 $U
(48.06 €)
2,497.05 $U
(60.00 €)
     +24.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 400.00 $U
(9.61 €)
416.17 $U
(10.00 €)
     +4.0 %
Domestic Beer (1 pint draught) 140.00 $U
(3.36 €)
145.66 $U
(3.50 €)
     +4.0 %
Imported Beer (12 oz small bottle) 150.00 $U
(3.60 €)
166.47 $U
(4.00 €)
     +11.0 %
Cappuccino (regular) 159.20 $U
(3.83 €)
102.46 $U
(2.46 €)
     -35.6 %
Coke/Pepsi (12 oz small bottle) 83.78 $U
(2.01 €)
108.03 $U
(2.60 €)
     +28.9 %
Water (12 oz small bottle) 63.32 $U
(1.52 €)
70.86 $U
(1.70 €)
     +11.9 %
Markets
Montevideo Edit Madrid Edit
Milk (regular), (1 gallon) 168.66 $U
(4.05 €)
167.82 $U
(4.03 €)
     -0.5 %
Loaf of Fresh White Bread (1 lb) 102.47 $U
(2.46 €)
59.54 $U
(1.43 €)
     -41.9 %
Rice (white), (1 lb) 27.53 $U
(0.66 €)
28.13 $U
(0.68 €)
     +2.2 %
Eggs (regular) (12) 180.31 $U
(4.33 €)
117.09 $U
(2.81 €)
     -35.1 %
Local Cheese (1 lb) 217.89 $U
(5.24 €)
270.97 $U
(6.51 €)
     +24.4 %
Chicken Fillets (1 lb) 176.37 $U
(4.24 €)
152.00 $U
(3.65 €)
     -13.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 184.96 $U
(4.44 €)
269.68 $U
(6.48 €)
     +45.8 %
Apples (1 lb) 42.30 $U
(1.02 €)
44.66 $U
(1.07 €)
     +5.6 %
Banana (1 lb) 44.69 $U
(1.07 €)
35.01 $U
(0.84 €)
     -21.7 %
Oranges (1 lb) 28.91 $U
(0.69 €)
38.04 $U
(0.91 €)
     +31.6 %
Tomato (1 lb) 54.52 $U
(1.31 €)
42.97 $U
(1.03 €)
     -21.2 %
Potato (1 lb) 33.31 $U
(0.80 €)
28.66 $U
(0.69 €)
     -14.0 %
Onion (1 lb) 31.49 $U
(0.76 €)
29.04 $U
(0.70 €)
     -7.8 %
Lettuce (1 head) 49.64 $U
(1.19 €)
50.18 $U
(1.21 €)
     +1.1 %
Water (1.5 liter bottle) 67.50 $U
(1.62 €)
37.25 $U
(0.89 €)
     -44.8 %
Bottle of Wine (Mid-Range) 300.00 $U
(7.21 €)
249.70 $U
(6.00 €)
     -16.8 %
Domestic Beer (0.5 liter bottle) 91.98 $U
(2.21 €)
51.31 $U
(1.23 €)
     -44.2 %
Imported Beer (12 oz small bottle) 130.16 $U
(3.13 €)
80.44 $U
(1.93 €)
     -38.2 %
Cigarettes 20 Pack (Marlboro) 200.00 $U
(4.81 €)
234.10 $U
(5.62 €)
     +17.0 %
Transportation
Montevideo Edit Madrid Edit
One-way Ticket (Local Transport) 52.00 $U
(1.25 €)
62.43 $U
(1.50 €)
     +20.1 %
Monthly Pass (Regular Price) 1,800.00 $U
(43.25 €)
2,164.11 $U
(52.00 €)
     +20.2 %
Taxi Start (Normal Tariff) 65.00 $U
(1.56 €)
130.05 $U
(3.12 €)
     +100.1 %
Taxi 1 mile (Normal Tariff) 160.93 $U
(3.87 €)
87.07 $U
(2.09 €)
     -45.9 %
Taxi 1hour Waiting (Normal Tariff) 450.00 $U
(10.81 €)
962.40 $U
(23.12 €)
     +113.9 %
Gasoline (1 gallon) 289.45 $U
(6.95 €)
261.96 $U
(6.29 €)
     -9.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,598,616.00 $U
(38,412.15 €)
1,388,566.37 $U
(33,365.00 €)
     -13.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,492,264.27 $U
(35,856.69 €)
1,149,463.14 $U
(27,619.74 €)
     -23.0 %
Utilities (Monthly)
Montevideo Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 5,529.41 $U
(132.86 €)
6,350.96 $U
(152.60 €)
     +14.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 641.88 $U
(15.42 €)
654.74 $U
(15.73 €)
     +2.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 1,684.75 $U
(40.48 €)
1,299.64 $U
(31.23 €)
     -22.9 %
Sports And Leisure
Montevideo Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 2,427.20 $U
(58.32 €)
1,906.48 $U
(45.81 €)
     -21.5 %
Tennis Court Rent (1 Hour on Weekend) 905.10 $U
(21.75 €)
572.24 $U
(13.75 €)
     -36.8 %
Cinema, International Release, 1 Seat 410.00 $U
(9.85 €)
416.17 $U
(10.00 €)
     +1.5 %
Childcare
Montevideo Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 15,083.33 $U
(362.43 €)
21,086.18 $U
(506.67 €)
     +39.8 %
International Primary School, Yearly for 1 Child 331,175.00 $U
(7,957.60 €)
383,475.12 $U
(9,214.29 €)
     +15.8 %
Clothing And Shoes
Montevideo Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 3,955.00 $U
(95.03 €)
3,692.25 $U
(88.72 €)
     -6.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,751.04 $U
(42.07 €)
1,485.28 $U
(35.69 €)
     -15.2 %
1 Pair of Nike Running Shoes (Mid-Range) 4,476.65 $U
(107.57 €)
3,640.93 $U
(87.49 €)
     -18.7 %
1 Pair of Men Leather Business Shoes 4,669.07 $U
(112.19 €)
4,352.49 $U
(104.58 €)
     -6.8 %
Rent Per Month
Montevideo Edit Madrid Edit
Apartment (1 bedroom) in City Centre 23,822.27 $U
(572.41 €)
55,923.45 $U
(1,343.75 €)
     +134.8 %
Apartment (1 bedroom) Outside of Centre 17,741.98 $U
(426.31 €)
40,047.34 $U
(962.27 €)
     +125.7 %
Apartment (3 bedrooms) in City Centre 40,324.96 $U
(968.94 €)
96,295.71 $U
(2,313.83 €)
     +138.8 %
Apartment (3 bedrooms) Outside of Centre 32,201.63 $U
(773.75 €)
70,105.59 $U
(1,684.52 €)
     +117.7 %
Buy Apartment Price
Montevideo Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 9,078.03 $U
(218.13 €)
21,225.00 $U
(510.00 €)
     +133.8 %
Price per Square Feet to Buy Apartment Outside of Centre 7,528.49 $U
(180.90 €)
12,339.54 $U
(296.50 €)
     +63.9 %
Salaries And Financing
Montevideo Edit Madrid Edit
Average Monthly Net Salary (After Tax) 48,983.18 $U
(1,176.99 €)
89,334.46 $U
(2,146.56 €)
     +82.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 3.36      -48.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:111515