Cost of Living Comparison Between Madrid and Montevideo 

Indices DifferenceInfo
Consumer Prices in Montevideo are 9.7% higher than in Madrid (without rent)
Consumer Prices Including Rent in Montevideo are 12.3% lower than in Madrid
Rent Prices in Montevideo are 52.6% lower than in Madrid
Restaurant Prices in Montevideo are 4.3% lower than in Madrid
Groceries Prices in Montevideo are 8.0% higher than in Madrid
Local Purchasing Power in Montevideo is 42.3% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Montevideo Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(577.21 $U)
13.34 €
(550.00 $U)
     -4.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(2,473.77 $U)
48.51 €
(2,000.00 $U)
     -19.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(371.07 $U)
9.70 €
(400.00 $U)
     +7.8 %
Domestic Beer (1 pint draught) 3.50 €
(144.30 $U)
3.40 €
(140.00 $U)
     -3.0 %
Imported Beer (12 oz small bottle) 3.50 €
(144.30 $U)
3.64 €
(150.00 $U)
     +3.9 %
Cappuccino (regular) 2.35 €
(97.08 $U)
3.90 €
(160.74 $U)
     +65.6 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(98.90 $U)
2.06 €
(84.83 $U)
     -14.2 %
Water (12 oz small bottle) 1.55 €
(63.86 $U)
1.55 €
(63.88 $U)
     +0.0 %
Markets
Madrid Edit Montevideo Edit
Milk (regular), (1 gallon) 4.04 €
(166.60 $U)
4.11 €
(169.37 $U)
     +1.7 %
Loaf of Fresh White Bread (1 lb) 1.32 €
(54.53 $U)
2.53 €
(104.12 $U)
     +90.9 %
Rice (white), (1 lb) 0.64 €
(26.49 $U)
0.67 €
(27.52 $U)
     +3.9 %
Eggs (regular) (12) 2.78 €
(114.59 $U)
4.28 €
(176.59 $U)
     +54.1 %
Local Cheese (1 lb) 5.86 €
(241.80 $U)
5.17 €
(213.17 $U)
     -11.8 %
Chicken Fillets (1 lb) 3.42 €
(140.84 $U)
4.22 €
(173.89 $U)
     +23.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(253.89 $U)
4.49 €
(184.96 $U)
     -27.1 %
Apples (1 lb) 1.01 €
(41.52 $U)
1.00 €
(41.16 $U)
     -0.9 %
Banana (1 lb) 0.80 €
(33.03 $U)
1.08 €
(44.68 $U)
     +35.3 %
Oranges (1 lb) 0.81 €
(33.55 $U)
0.67 €
(27.78 $U)
     -17.2 %
Tomato (1 lb) 1.04 €
(42.79 $U)
1.26 €
(51.90 $U)
     +21.3 %
Potato (1 lb) 0.62 €
(25.68 $U)
0.80 €
(33.01 $U)
     +28.5 %
Onion (1 lb) 0.67 €
(27.78 $U)
0.76 €
(31.28 $U)
     +12.6 %
Lettuce (1 head) 1.19 €
(49.23 $U)
1.21 €
(49.91 $U)
     +1.4 %
Water (1.5 liter bottle) 0.86 €
(35.44 $U)
1.62 €
(66.82 $U)
     +88.5 %
Bottle of Wine (Mid-Range) 6.00 €
(247.38 $U)
7.28 €
(300.00 $U)
     +21.3 %
Domestic Beer (0.5 liter bottle) 1.14 €
(47.20 $U)
2.24 €
(92.39 $U)
     +95.7 %
Imported Beer (12 oz small bottle) 1.78 €
(73.21 $U)
3.11 €
(128.35 $U)
     +75.3 %
Cigarettes 20 Pack (Marlboro) 5.60 €
(230.89 $U)
4.85 €
(200.00 $U)
     -13.4 %
Transportation
Madrid Edit Montevideo Edit
One-way Ticket (Local Transport) 1.50 €
(61.84 $U)
1.26 €
(52.00 $U)
     -15.9 %
Monthly Pass (Regular Price) 40.00 €
(1,649.18 $U)
43.66 €
(1,800.00 $U)
     +9.1 %
Taxi Start (Normal Tariff) 3.00 €
(123.69 $U)
1.58 €
(65.00 $U)
     -47.4 %
Taxi 1 mile (Normal Tariff) 1.93 €
(79.62 $U)
3.90 €
(160.93 $U)
     +102.1 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(907.05 $U)
10.91 €
(450.00 $U)
     -50.4 %
Gasoline (1 gallon) 6.21 €
(256.21 $U)
7.00 €
(288.76 $U)
     +12.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,182.50 €
(1,368,099.40 $U)
37,577.62 €
(1,549,308.00 $U)
     +13.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,043.06 €
(1,114,972.89 $U)
35,515.30 €
(1,464,279.80 $U)
     +31.3 %
Utilities (Monthly)
Madrid Edit Montevideo Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 134.31 €
(5,537.49 $U)
136.05 €
(5,609.41 $U)
     +1.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.16 €
(583.98 $U)
15.65 €
(645.33 $U)
     +10.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.03 €
(1,196.70 $U)
40.49 €
(1,669.36 $U)
     +39.5 %
Sports And Leisure
Madrid Edit Montevideo Edit
Fitness Club, Monthly Fee for 1 Adult 43.50 €
(1,793.49 $U)
56.84 €
(2,343.63 $U)
     +30.7 %
Tennis Court Rent (1 Hour on Weekend) 9.63 €
(397.11 $U)
21.95 €
(905.10 $U)
     +127.9 %
Cinema, International Release, 1 Seat 10.00 €
(412.30 $U)
10.07 €
(415.00 $U)
     +0.7 %
Childcare
Madrid Edit Montevideo Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 488.60 €
(20,144.76 $U)
365.84 €
(15,083.33 $U)
     -25.1 %
International Primary School, Yearly for 1 Child 9,115.00 €
(375,807.31 $U)
7,903.49 €
(325,857.14 $U)
     -13.3 %
Clothing And Shoes
Madrid Edit Montevideo Edit
1 Pair of Jeans (Levis 501 Or Similar) 66.35 €
(2,735.58 $U)
95.32 €
(3,930.00 $U)
     +43.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.94 €
(1,151.77 $U)
42.20 €
(1,740.07 $U)
     +51.1 %
1 Pair of Nike Running Shoes (Mid-Range) 74.71 €
(3,080.23 $U)
108.08 €
(4,455.91 $U)
     +44.7 %
1 Pair of Men Leather Business Shoes 82.71 €
(3,409.93 $U)
112.07 €
(4,620.42 $U)
     +35.5 %
Rent Per Month
Madrid Edit Montevideo Edit
Apartment (1 bedroom) in City Centre 1,200.48 €
(49,495.28 $U)
566.67 €
(23,363.64 $U)
     -52.8 %
Apartment (1 bedroom) Outside of Centre 878.30 €
(36,211.91 $U)
431.05 €
(17,772.03 $U)
     -50.9 %
Apartment (3 bedrooms) in City Centre 2,101.92 €
(86,661.33 $U)
917.84 €
(37,842.11 $U)
     -56.3 %
Apartment (3 bedrooms) Outside of Centre 1,493.83 €
(61,589.92 $U)
775.40 €
(31,969.33 $U)
     -48.1 %
Buy Apartment Price
Madrid Edit Montevideo Edit
Price per Square Feet to Buy Apartment in City Centre 405.40 €
(16,714.38 $U)
220.52 €
(9,091.83 $U)
     -45.6 %
Price per Square Feet to Buy Apartment Outside of Centre 237.42 €
(9,788.91 $U)
183.24 €
(7,554.85 $U)
     -22.8 %
Salaries And Financing
Madrid Edit Montevideo Edit
Average Monthly Net Salary (After Tax) 2,379.30 €
(98,097.46 $U)
1,204.11 €
(49,644.74 $U)
     -49.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.55 6.54      +156.6 %
Last update: April 2024April 2024
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