Cost of Living Comparison Between Madrid and Montevideo 
| Indices Difference |  |
|---|---|
| Consumer Prices in Montevideo are 3.9% higher than in Madrid (without rent) | |
| Consumer Prices Including Rent in Montevideo are 16.5% lower than in Madrid | |
| Rent Prices in Montevideo are 53.8% lower than in Madrid | |
| Restaurant Prices in Montevideo are 6.5% lower than in Madrid | |
| Groceries Prices in Montevideo are 2.2% higher than in Madrid | |
| Local Purchasing Power in Montevideo is 38.1% lower than in Madrid | |
Restaurants | Madrid Edit |
Montevideo Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (581.86 $U) |
13.23 € (550.00 $U) |
-5.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,493.68 $U) |
48.12 € (2,000.00 $U) |
-19.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.53 € (395.87 $U) |
9.62 € (400.00 $U) |
+1.0 % |
| Domestic Beer (1 pint draught) |
3.50 € (145.46 $U) |
3.13 € (130.00 $U) |
-10.6 % |
| Imported Beer (12 oz small bottle) |
4.00 € (166.25 $U) |
3.61 € (150.00 $U) |
-9.8 % |
| Cappuccino (regular) |
2.42 € (100.75 $U) |
3.88 € (161.20 $U) |
+60.0 % |
| Coke/Pepsi (12 oz small bottle) |
2.50 € (103.84 $U) |
2.08 € (86.40 $U) |
-16.8 % |
| Water (12 oz small bottle) |
1.67 € (69.47 $U) |
1.56 € (64.91 $U) |
-6.6 % |
Markets | Madrid Edit |
Montevideo Edit | |
| Milk (regular), (1 gallon) |
4.03 € (167.33 $U) |
4.07 € (168.99 $U) |
+1.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.45 € (60.45 $U) |
2.46 € (102.26 $U) |
+69.2 % |
| Rice (white), (1 lb) |
0.68 € (28.16 $U) |
0.67 € (27.70 $U) |
-1.6 % |
| Eggs (regular) (12) |
2.79 € (115.76 $U) |
4.25 € (176.59 $U) |
+52.5 % |
| Local Cheese (1 lb) |
6.42 € (267.00 $U) |
5.19 € (215.54 $U) |
-19.3 % |
| Chicken Fillets (1 lb) |
3.58 € (148.65 $U) |
4.18 € (173.89 $U) |
+17.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.53 € (271.50 $U) |
4.45 € (184.96 $U) |
-31.9 % |
| Apples (1 lb) |
1.06 € (43.86 $U) |
1.01 € (41.77 $U) |
-4.8 % |
| Banana (1 lb) |
0.82 € (34.15 $U) |
1.09 € (45.32 $U) |
+32.7 % |
| Oranges (1 lb) |
0.89 € (37.11 $U) |
0.68 € (28.21 $U) |
-24.0 % |
| Tomato (1 lb) |
1.04 € (43.33 $U) |
1.26 € (52.53 $U) |
+21.2 % |
| Potato (1 lb) |
0.67 € (27.82 $U) |
0.79 € (32.97 $U) |
+18.5 % |
| Onion (1 lb) |
0.71 € (29.48 $U) |
0.76 € (31.49 $U) |
+6.8 % |
| Lettuce (1 head) |
1.22 € (50.70 $U) |
1.19 € (49.62 $U) |
-2.1 % |
| Water (1.5 liter bottle) |
0.90 € (37.52 $U) |
1.61 € (66.82 $U) |
+78.1 % |
| Bottle of Wine (Mid-Range) |
6.00 € (249.37 $U) |
7.22 € (300.00 $U) |
+20.3 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (50.72 $U) |
2.23 € (92.74 $U) |
+82.9 % |
| Imported Beer (12 oz small bottle) |
1.86 € (77.50 $U) |
3.13 € (130.16 $U) |
+67.9 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (234.82 $U) |
4.81 € (200.00 $U) |
-14.8 % |
Transportation | Madrid Edit |
Montevideo Edit | |
| One-way Ticket (Local Transport) |
1.50 € (62.34 $U) |
1.25 € (52.00 $U) |
-16.6 % |
| Monthly Pass (Regular Price) |
50.00 € (2,078.07 $U) |
43.31 € (1,800.00 $U) |
-13.4 % |
| Taxi Start (Normal Tariff) |
3.12 € (129.88 $U) |
1.56 € (65.00 $U) |
-50.0 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (86.95 $U) |
3.87 € (160.93 $U) |
+85.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.25 € (924.74 $U) |
10.83 € (450.00 $U) |
-51.3 % |
| Gasoline (1 gallon) |
6.26 € (260.35 $U) |
6.96 € (289.27 $U) |
+11.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,386,695.83 $U) |
38,463.97 € (1,598,616.00 $U) |
+15.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (1,147,914.70 $U) |
35,903.32 € (1,492,191.98 $U) |
+30.0 % |
Utilities (Monthly) | Madrid Edit |
Montevideo Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
148.90 € (6,188.59 $U) |
132.57 € (5,509.80 $U) |
-11.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.53 € (645.37 $U) |
15.44 € (641.88 $U) |
-0.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.06 € (1,290.84 $U) |
40.54 € (1,684.75 $U) |
+30.5 % |
Sports And Leisure | Madrid Edit |
Montevideo Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.75 € (1,859.87 $U) |
57.22 € (2,378.28 $U) |
+27.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.23 € (549.70 $U) |
21.78 € (905.10 $U) |
+64.7 % |
| Cinema, International Release, 1 Seat |
10.00 € (415.61 $U) |
9.86 € (410.00 $U) |
-1.4 % |
Childcare | Madrid Edit |
Montevideo Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
501.60 € (20,847.19 $U) |
362.92 € (15,083.33 $U) |
-27.6 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (382,958.54 $U) |
7,968.33 € (331,175.00 $U) |
-13.5 % |
Clothing And Shoes | Madrid Edit |
Montevideo Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77.51 € (3,221.57 $U) |
93.84 € (3,900.00 $U) |
+21.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
31.33 € (1,302.24 $U) |
40.93 € (1,700.93 $U) |
+30.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.51 € (3,346.22 $U) |
107.14 € (4,452.73 $U) |
+33.1 % |
| 1 Pair of Men Leather Business Shoes |
92.28 € (3,835.11 $U) |
110.65 € (4,598.85 $U) |
+19.9 % |
Rent Per Month | Madrid Edit |
Montevideo Edit | |
| Apartment (1 bedroom) in City Centre |
1,265.69 € (52,603.68 $U) |
566.41 € (23,540.71 $U) |
-55.2 % |
| Apartment (1 bedroom) Outside of Centre |
913.40 € (37,962.35 $U) |
427.10 € (17,751.05 $U) |
-53.2 % |
| Apartment (3 bedrooms) in City Centre |
2,173.53 € (90,334.91 $U) |
964.59 € (40,089.56 $U) |
-55.6 % |
| Apartment (3 bedrooms) Outside of Centre |
1,575.56 € (65,482.28 $U) |
777.68 € (32,321.36 $U) |
-50.6 % |
Buy Apartment Price | Madrid Edit |
Montevideo Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
432.40 € (17,971.21 $U) |
218.28 € (9,071.88 $U) |
-49.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
250.65 € (10,417.47 $U) |
181.06 € (7,525.24 $U) |
-27.8 % |
Salaries And Financing | Madrid Edit |
Montevideo Edit | |
| Average Monthly Net Salary (After Tax) |
2,315.52 € (96,236.39 $U) |
1,198.38 € (49,806.18 $U) |
-48.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.80 | 6.54 | +134.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 518 | 106 |
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