Cost of Living Comparison Between Madrid and Montevideo 
| Indices Difference |  |
|---|---|
| Consumer Prices in Montevideo are 9.6% higher than in Madrid (without rent) | |
| Consumer Prices Including Rent in Montevideo are 12.5% lower than in Madrid | |
| Rent Prices in Montevideo are 52.3% lower than in Madrid | |
| Restaurant Prices in Montevideo are 4.1% lower than in Madrid | |
| Groceries Prices in Montevideo are 8.7% higher than in Madrid | |
| Local Purchasing Power in Montevideo is 43.2% lower than in Madrid | |
Restaurants | Madrid Edit |
Montevideo Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (575.46 $U) |
13.38 € (550.00 $U) |
-4.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,466.24 $U) |
48.66 € (2,000.00 $U) |
-18.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.00 € (369.94 $U) |
9.73 € (400.00 $U) |
+8.1 % |
| Domestic Beer (1 pint draught) |
3.50 € (143.86 $U) |
3.41 € (140.00 $U) |
-2.7 % |
| Imported Beer (12 oz small bottle) |
3.50 € (143.86 $U) |
3.65 € (150.00 $U) |
+4.3 % |
| Cappuccino (regular) |
2.37 € (97.24 $U) |
3.91 € (160.69 $U) |
+65.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.42 € (99.44 $U) |
2.06 € (84.82 $U) |
-14.7 % |
| Water (12 oz small bottle) |
1.57 € (64.69 $U) |
1.55 € (63.88 $U) |
-1.3 % |
Markets | Madrid Edit |
Montevideo Edit | |
| Milk (regular), (1 gallon) |
4.02 € (165.31 $U) |
4.12 € (169.35 $U) |
+2.4 % |
| Loaf of Fresh White Bread (1 lb) |
1.36 € (55.91 $U) |
2.53 € (104.12 $U) |
+86.2 % |
| Rice (white), (1 lb) |
0.66 € (26.99 $U) |
0.67 € (27.52 $U) |
+1.9 % |
| Eggs (regular) (12) |
2.77 € (114.05 $U) |
4.30 € (176.59 $U) |
+54.8 % |
| Local Cheese (1 lb) |
5.75 € (236.49 $U) |
5.19 € (213.17 $U) |
-9.9 % |
| Chicken Fillets (1 lb) |
3.39 € (139.14 $U) |
4.23 € (173.89 $U) |
+25.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.16 € (253.36 $U) |
4.50 € (184.96 $U) |
-27.0 % |
| Apples (1 lb) |
1.00 € (40.94 $U) |
1.00 € (41.16 $U) |
+0.5 % |
| Banana (1 lb) |
0.79 € (32.65 $U) |
1.09 € (44.68 $U) |
+36.8 % |
| Oranges (1 lb) |
0.80 € (32.95 $U) |
0.68 € (27.78 $U) |
-15.7 % |
| Tomato (1 lb) |
1.03 € (42.36 $U) |
1.26 € (51.90 $U) |
+22.5 % |
| Potato (1 lb) |
0.62 € (25.41 $U) |
0.80 € (33.00 $U) |
+29.9 % |
| Onion (1 lb) |
0.67 € (27.34 $U) |
0.76 € (31.28 $U) |
+14.4 % |
| Lettuce (1 head) |
1.20 € (49.17 $U) |
1.21 € (49.62 $U) |
+0.9 % |
| Water (1.5 liter bottle) |
0.87 € (35.72 $U) |
1.63 € (66.82 $U) |
+87.1 % |
| Bottle of Wine (Mid-Range) |
6.00 € (246.62 $U) |
7.30 € (300.00 $U) |
+21.6 % |
| Domestic Beer (0.5 liter bottle) |
1.14 € (47.05 $U) |
2.25 € (92.39 $U) |
+96.3 % |
| Imported Beer (12 oz small bottle) |
1.76 € (72.16 $U) |
3.12 € (128.35 $U) |
+77.9 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (232.24 $U) |
4.87 € (200.00 $U) |
-13.9 % |
Transportation | Madrid Edit |
Montevideo Edit | |
| One-way Ticket (Local Transport) |
1.50 € (61.66 $U) |
1.27 € (52.00 $U) |
-15.7 % |
| Monthly Pass (Regular Price) |
40.00 € (1,644.16 $U) |
43.79 € (1,800.00 $U) |
+9.5 % |
| Taxi Start (Normal Tariff) |
3.00 € (123.31 $U) |
1.58 € (65.00 $U) |
-47.3 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (79.38 $U) |
3.92 € (160.93 $U) |
+102.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (904.29 $U) |
10.95 € (450.00 $U) |
-50.2 % |
| Gasoline (1 gallon) |
6.22 € (255.61 $U) |
7.03 € (288.76 $U) |
+13.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,371,436.06 $U) |
37,692.36 € (1,549,308.00 $U) |
+13.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (1,135,282.57 $U) |
35,612.59 € (1,463,821.04 $U) |
+28.9 % |
Utilities (Monthly) | Madrid Edit |
Montevideo Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
142.24 € (5,846.58 $U) |
136.47 € (5,609.41 $U) |
-4.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.98 € (574.81 $U) |
15.70 € (645.33 $U) |
+12.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.79 € (1,224.68 $U) |
40.61 € (1,669.36 $U) |
+36.3 % |
Sports And Leisure | Madrid Edit |
Montevideo Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.66 € (1,794.54 $U) |
57.01 € (2,343.26 $U) |
+30.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.91 € (407.55 $U) |
22.02 € (905.10 $U) |
+122.1 % |
| Cinema, International Release, 1 Seat |
10.00 € (411.04 $U) |
10.10 € (415.00 $U) |
+1.0 % |
Childcare | Madrid Edit |
Montevideo Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
489.04 € (20,101.45 $U) |
366.96 € (15,083.33 $U) |
-25.0 % |
| International Primary School, Yearly for 1 Child |
8,904.55 € (366,012.73 $U) |
7,927.62 € (325,857.14 $U) |
-11.0 % |
Clothing And Shoes | Madrid Edit |
Montevideo Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.96 € (2,834.67 $U) |
95.61 € (3,930.00 $U) |
+38.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
28.30 € (1,163.34 $U) |
42.33 € (1,739.76 $U) |
+49.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
75.76 € (3,113.87 $U) |
108.38 € (4,455.06 $U) |
+43.1 % |
| 1 Pair of Men Leather Business Shoes |
84.43 € (3,470.27 $U) |
112.38 € (4,619.27 $U) |
+33.1 % |
Rent Per Month | Madrid Edit |
Montevideo Edit | |
| Apartment (1 bedroom) in City Centre |
1,216.47 € (50,001.64 $U) |
574.29 € (23,605.73 $U) |
-52.8 % |
| Apartment (1 bedroom) Outside of Centre |
886.36 € (36,433.12 $U) |
431.90 € (17,752.91 $U) |
-51.3 % |
| Apartment (3 bedrooms) in City Centre |
2,127.19 € (87,436.21 $U) |
952.65 € (39,157.89 $U) |
-55.2 % |
| Apartment (3 bedrooms) Outside of Centre |
1,525.00 € (62,683.65 $U) |
786.47 € (32,327.01 $U) |
-48.4 % |
Buy Apartment Price | Madrid Edit |
Montevideo Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
421.98 € (17,345.05 $U) |
220.46 € (9,061.87 $U) |
-47.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
238.41 € (9,799.63 $U) |
183.25 € (7,532.36 $U) |
-23.1 % |
Salaries And Financing | Madrid Edit |
Montevideo Edit | |
| Average Monthly Net Salary (After Tax) |
2,435.02 € (100,089.10 $U) |
1,211.84 € (49,811.33 $U) |
-50.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.53 | 6.54 | +158.8 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 587 | 105 |
Moving to Madrid? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| 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 |