Cost of Living Comparison Between Montevideo and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 8.2% lower than in Montevideo (without rent)
Consumer Prices Including Rent in Madrid are 15.4% higher than in Montevideo
Rent Prices in Madrid are 113.5% higher than in Montevideo
Restaurant Prices in Madrid are 4.7% higher than in Montevideo
Groceries Prices in Madrid are 6.4% lower than in Montevideo
Local Purchasing Power in Madrid is 72.8% higher than in Montevideo
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Montevideo Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 550.00 $U
(13.39 €)
575.20 $U
(14.00 €)
     +4.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 2,000.00 $U
(48.68 €)
2,465.16 $U
(60.00 €)
     +23.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 400.00 $U
(9.74 €)
370.80 $U
(9.03 €)
     -7.3 %
Domestic Beer (1 pint draught) 130.00 $U
(3.16 €)
143.80 $U
(3.50 €)
     +10.6 %
Imported Beer (12 oz small bottle) 150.00 $U
(3.65 €)
152.02 $U
(3.70 €)
     +1.3 %
Cappuccino (regular) 161.08 $U
(3.92 €)
98.38 $U
(2.39 €)
     -38.9 %
Coke/Pepsi (12 oz small bottle) 86.39 $U
(2.10 €)
100.56 $U
(2.45 €)
     +16.4 %
Water (12 oz small bottle) 64.91 $U
(1.58 €)
65.90 $U
(1.60 €)
     +1.5 %
Markets
Montevideo Edit Madrid Edit
Milk (regular), (1 gallon) 168.92 $U
(4.11 €)
165.24 $U
(4.02 €)
     -2.2 %
Loaf of Fresh White Bread (1 lb) 102.26 $U
(2.49 €)
57.31 $U
(1.39 €)
     -44.0 %
Rice (white), (1 lb) 27.69 $U
(0.67 €)
27.38 $U
(0.67 €)
     -1.1 %
Eggs (regular) (12) 176.59 $U
(4.30 €)
114.00 $U
(2.77 €)
     -35.4 %
Local Cheese (1 lb) 215.54 $U
(5.25 €)
248.95 $U
(6.06 €)
     +15.5 %
Chicken Fillets (1 lb) 173.89 $U
(4.23 €)
142.20 $U
(3.46 €)
     -18.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 184.96 $U
(4.50 €)
259.91 $U
(6.33 €)
     +40.5 %
Apples (1 lb) 41.77 $U
(1.02 €)
41.94 $U
(1.02 €)
     +0.4 %
Banana (1 lb) 45.32 $U
(1.10 €)
33.67 $U
(0.82 €)
     -25.7 %
Oranges (1 lb) 28.20 $U
(0.69 €)
32.94 $U
(0.80 €)
     +16.8 %
Tomato (1 lb) 52.53 $U
(1.28 €)
42.62 $U
(1.04 €)
     -18.9 %
Potato (1 lb) 32.96 $U
(0.80 €)
26.40 $U
(0.64 €)
     -19.9 %
Onion (1 lb) 31.49 $U
(0.77 €)
28.23 $U
(0.69 €)
     -10.4 %
Lettuce (1 head) 49.62 $U
(1.21 €)
49.15 $U
(1.20 €)
     -0.9 %
Water (1.5 liter bottle) 66.82 $U
(1.63 €)
35.67 $U
(0.87 €)
     -46.6 %
Bottle of Wine (Mid-Range) 300.00 $U
(7.30 €)
246.52 $U
(6.00 €)
     -17.8 %
Domestic Beer (0.5 liter bottle) 92.74 $U
(2.26 €)
50.04 $U
(1.22 €)
     -46.0 %
Imported Beer (12 oz small bottle) 130.16 $U
(3.17 €)
72.13 $U
(1.76 €)
     -44.6 %
Cigarettes 20 Pack (Marlboro) 200.00 $U
(4.87 €)
232.14 $U
(5.65 €)
     +16.1 %
Transportation
Montevideo Edit Madrid Edit
One-way Ticket (Local Transport) 52.00 $U
(1.27 €)
61.63 $U
(1.50 €)
     +18.5 %
Monthly Pass (Regular Price) 1,800.00 $U
(43.81 €)
1,643.44 $U
(40.00 €)
     -8.7 %
Taxi Start (Normal Tariff) 65.00 $U
(1.58 €)
123.26 $U
(3.00 €)
     +89.6 %
Taxi 1 mile (Normal Tariff) 160.93 $U
(3.92 €)
79.35 $U
(1.93 €)
     -50.7 %
Taxi 1hour Waiting (Normal Tariff) 450.00 $U
(10.95 €)
903.89 $U
(22.00 €)
     +100.9 %
Gasoline (1 gallon) 289.27 $U
(7.04 €)
255.50 $U
(6.22 €)
     -11.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,598,616.00 $U
(38,909.02 €)
1,370,834.30 $U
(33,365.00 €)
     -14.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,491,539.74 $U
(36,302.87 €)
1,134,784.43 $U
(27,619.74 €)
     -23.9 %
Utilities (Monthly)
Montevideo Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 5,509.80 $U
(134.10 €)
5,844.01 $U
(142.24 €)
     +6.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 645.33 $U
(15.71 €)
574.56 $U
(13.98 €)
     -11.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 1,684.75 $U
(41.01 €)
1,222.57 $U
(29.76 €)
     -27.4 %
Sports And Leisure
Montevideo Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 2,377.78 $U
(57.87 €)
1,793.75 $U
(43.66 €)
     -24.6 %
Tennis Court Rent (1 Hour on Weekend) 905.10 $U
(22.03 €)
407.37 $U
(9.91 €)
     -55.0 %
Cinema, International Release, 1 Seat 410.00 $U
(9.98 €)
410.86 $U
(10.00 €)
     +0.2 %
Childcare
Montevideo Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 15,083.33 $U
(367.12 €)
20,211.15 $U
(491.92 €)
     +34.0 %
International Primary School, Yearly for 1 Child 325,857.14 $U
(7,931.10 €)
355,883.00 $U
(8,661.90 €)
     +9.2 %
Clothing And Shoes
Montevideo Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 3,900.00 $U
(94.92 €)
2,833.43 $U
(68.96 €)
     -27.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,699.68 $U
(41.37 €)
1,162.83 $U
(28.30 €)
     -31.6 %
1 Pair of Nike Running Shoes (Mid-Range) 4,451.56 $U
(108.35 €)
3,112.50 $U
(75.76 €)
     -30.1 %
1 Pair of Men Leather Business Shoes 4,597.27 $U
(111.89 €)
3,468.75 $U
(84.43 €)
     -24.5 %
Rent Per Month
Montevideo Edit Madrid Edit
Apartment (1 bedroom) in City Centre 23,533.91 $U
(572.80 €)
51,442.09 $U
(1,252.06 €)
     +118.6 %
Apartment (1 bedroom) Outside of Centre 17,743.39 $U
(431.86 €)
36,968.66 $U
(899.79 €)
     +108.4 %
Apartment (3 bedrooms) in City Centre 39,157.89 $U
(953.07 €)
88,173.77 $U
(2,146.08 €)
     +125.2 %
Apartment (3 bedrooms) Outside of Centre 32,298.11 $U
(786.11 €)
64,185.46 $U
(1,562.22 €)
     +98.7 %
Buy Apartment Price
Montevideo Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 9,020.46 $U
(219.55 €)
17,337.44 $U
(421.98 €)
     +92.2 %
Price per Square Feet to Buy Apartment Outside of Centre 7,495.93 $U
(182.44 €)
9,795.33 $U
(238.41 €)
     +30.7 %
Salaries And Financing
Montevideo Edit Madrid Edit
Average Monthly Net Salary (After Tax) 49,784.95 $U
(1,211.73 €)
99,246.26 $U
(2,415.57 €)
     +99.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 2.53      -61.4 %
Last update: April 2024May 2024
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