LifeCost Blog
Montevideo

Montevideo

Uruguay

Updated on August 04, 2025

Overview

Capital and most populous city of Uruguay, located on the southern coast of the country on the Río de la Plata. It is the political, economic and cultural center of the country, known for its colonial architecture, coastal promenade and rich cultural life. With a population of approximately 1.3 million inhabitants, it represents almost 40% of the country's total population.

Average cost of living€78,000.00
Quality of Life75/100

Accommodation

Rent room (flat-share)€18,000.00
1-bed flat (center)€25,000.00
1-bed flat (outside)€18,000.00
3-bed flat (center)€45,000.00
3-bed flat (outside)€35,000.00

Utilities

Basic utilities€8,500.00
Internet€2,200.00
Mobile plan€1,800.00

Transportation

One-way ticket€70.00
Monthly pass€2,500.00
Taxi start€150.00
Gasoline (1 l)€85.00

Leisure

Cinema ticket€450.00
Fitness club€3,500.00

Education

Preschool (month)€12,000.00
Intl. primary (year)€180,000.00

Buying House

sqm in city center€85,000.00
sqm outside center€65,000.00

Advantages

  • High quality of life and relative safety
  • Excellent public transportation system
  • Beautiful 22-kilometer coastal promenade
  • Rich cultural and gastronomic life
  • Well-preserved colonial architecture
  • Proximity to Buenos Aires (3 hours by ferry)
  • Temperate climate year-round
  • Tolerant and progressive society

Disadvantages

  • × High cost of living for the region
  • × Economy with limited growth
  • × Competitive job market
  • × Humid and cold winters
  • × Deteriorated road infrastructure in some areas
  • × High taxes
  • × Limited real estate offer in the center