Cost of Living in Montevideo (2026)

Monthly budget breakdown for expats living in Montevideo, Uruguay

Last updated: March 2026

The cost of living in Montevideo, Uruguay for an expat in 2026 averages $900–1,300 per month for 1br furnished apartment (pocitos). Key costs include 1br furnished apartment (pocitos) ($900–1,300), 1br furnished apartment (punta carretas) ($1,100–1,600), 1br apartment (cordón, unfurnished) ($650–1,000).

Montevideo is a popular destination for expats relocating to Uruguay. Montevideo is a compact, walkable capital of 1.4 million people set along the Río de la Plata, with a 22-kilometre coastal rambla that defines daily life. Below is a detailed monthly budget breakdown based on real expat spending data.

Monthly Expenses Breakdown

ExpenseMonthly Cost
1BR Furnished Apartment (Pocitos)$900–1,300
1BR Furnished Apartment (Punta Carretas)$1,100–1,600
1BR Apartment (Cordón, unfurnished)$650–1,000
Groceries (home cooking)$250–400
Dining out (mid-range)$200–350
Transport (bus + Uber)$50–100
Utilities (electricity + water)$80–140
Internet (ANTEL fiber 200 Mbps)$35–55
Mutualista healthcare (IAMC)$100–200
Activities + gym + culture$60–120
Total (comfortable)$1,500–2,200

Montevideo Quick Facts

Best For

Retirees, digital nomads, families

English Level

Basic to Moderate

Monthly Budget

$1,500–$2,200

1-BR Rent (Pocitos)

$900–$1,300/mo

Climate

Temperate — 28°C summer, 8°C winter min

Best Expat Areas

Pocitos, Punta Carretas, Cordón

Internet Speed

~145 Mbps ANTEL fiber

Airport

MVD — Carrasco International (20 min from Pocitos)

Frequently Asked Questions

How much does it cost to live in Montevideo per month?

Monthly costs in Montevideo depend on your lifestyle. Key expenses include 1br furnished apartment (pocitos) ($900–1,300), 1br furnished apartment (punta carretas) ($1,100–1,600), 1br apartment (cordón, unfurnished) ($650–1,000). See the full breakdown above for a complete picture.

Is Montevideo affordable for expats?

Montevideo is a popular expat destination with costs that vary by neighborhood and lifestyle. Many expats find they can live comfortably on a mid-range budget.

What is the average rent in Montevideo?

Rental prices vary by neighborhood and apartment type. Check the table above for current rates.

Compare with Other Uruguay Cities