Last update: Oct 2026

Cost of Living Comparison Between Cayo Coco and Montevideo

For one person, living is cheaper in Cayo Coco: $1,224 a month against $1,813 in Montevideo, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

60

Cost of Living Index in Cayo Coco
Learn more

Cayo Coco Living Index
86

Cost of Living Index in Montevideo
Learn more

Montevideo Living Index

Jump to prices

Cayo Coco

🇨🇺 Cuba

$1,224

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Monthly Cost of Living

How much you'll spend in Cayo Coco and in Montevideo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Cayo Coco and in Montevideo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,224 in Cayo Coco versus $1,813 in Montevideo.

Cayo Coco $1,224
Montevideo $1,813

Estimated couple costs with rent: $1,695 in Cayo Coco versus $2,782 in Montevideo.

Cayo Coco $1,695
Montevideo $2,782

Monthly costs for a family of three with rent: $2,166 in Cayo Coco versus $3,750 in Montevideo.

Cayo Coco $2,166
Montevideo $3,750

Living in Cayo Coco costs roughly 33% less than in Montevideo, and outside of rent the biggest gap is in utilities.

The two cities straddle the global median: Cayo Coco is 9% below, Montevideo is 35% above.

Meal at Budget Restaurant

$5.05 CUP 121

$15.26 UYU 613

-66.91%

Three-Course Dinner for Two, Mid-Range

$15.06 CUP 361

$67.4 UYU 2,711

-77.67%

Fast Food Meal (McDonalds, etc)

$7.07 CUP 170

$14.37 UYU 578

-50.80%

Cappuccino

$0.98 CUP 23.43

$4.64 UYU 187

-78.88%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.95 CUP 46.88

$2.73 UYU 110

-28.57%

Water (0.33 liter bottle)

$1.03 CUP 24.67

$2.09 UYU 84.0

-50.72%

Local Beer (0.5 liter draught)

$2.05 CUP 49.15

$4.75 UYU 191

-56.84%

Imported Beer (0.33 liter bottle)

$3.08 CUP 73.8

$3.67 UYU 147

-16.08%

Milk (1 liter)

$2.94 CUP 70.6

$1.38 UYU 55.5

113.04%

White Bread (500g)

$1.01 CUP 24.27

$2.77 UYU 112

-63.54%

Rice (white) (1kg)

$1.95 CUP 46.77

$1.69 UYU 67.8

15.38%

Eggs

$3.58 CUP 85.9

$4.52 UYU 182

-20.80%

Local Cheese (1kg)

$6.12 CUP 147

$14.17 UYU 570

-56.81%

Chicken Fillets (1kg)

$4.86 CUP 117

$12.07 UYU 485

-59.73%

Beef Round Steak (1kg)

$9.94 CUP 239

$12.16 UYU 489

-18.26%

Apples (1kg)

$4.91 CUP 118

$2.87 UYU 116

71.08%

Banana (1kg)

$1.01 CUP 24.28

$2.75 UYU 110

-63.27%

Oranges (1kg)

$1.01 CUP 24.28

$1.73 UYU 69.5

-41.62%

Tomato (1kg)

$0.99 CUP 23.72

$3.24 UYU 130

-69.44%

Potato (1kg)

$1.01 CUP 24.26

$2.07 UYU 83.1

-51.21%

Onion (1kg)

$3.05 CUP 73.2

$2.07 UYU 83.1

47.34%

Lettuce (1 head)

$1.03 CUP 24.61

$1.38 UYU 55.4

-25.36%

Water (1.5 liter bottle)

$0.99 CUP 23.70

$1.85 UYU 74.5

-46.49%

Cigarettes 20 Pack (Marlboro, Camel)

$2.96 CUP 71.0

$5.57 UYU 224

-46.86%

Wine (Bottle)

$10.06 CUP 241

$8.89 UYU 357

13.16%

Local Beer (0.5 liter bottle)

$2.04 CUP 48.93

$2.29 UYU 92.2

-10.92%

Imported Beer (0.33 liter bottle)

$2.05 CUP 49.27

$2.70 UYU 109

-24.07%

One-way Ticket (Public Transport)

$1.52 UYU 61.3

Public Transport Monthly Pass (Regular Price)

$19.65 CUP 472

$73.7 UYU 2,962

-73.32%

Taxi Start (Normal Tariff)

$1.02 CUP 24.52

$1.82 UYU 73.4

-43.96%

Taxi (Normal Tariff) (1km)

$1.02 CUP 24.57

$0.40 UYU 16.05

155.00%

Taxi 1hour Waiting (Normal Tariff)

$19.61 CUP 471

$10.66 UYU 429

83.96%

Gasoline (1 liter)

$0.97 CUP 23.38

$2.22 UYU 89.2

-56.31%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$68.9K CUP 1.7M

$26.7K UYU 1.1M

157.67%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$79.5K CUP 1.9M

$36.7K UYU 1.5M

116.24%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$39.37 CUP 945

$191 UYU 7,674

-79.37%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$40.66 CUP 976

$20.40 UYU 820

99.31%

Internet (50+ Mbps, Unlimited Data)

$216 CUP 5,191

$44.14 UYU 1,775

390.03%

Gym Membership (Monthly)

$39.22 CUP 941

$54.1 UYU 2,177

-27.56%

Tennis Court (1 Hour on Weekend)

$9.85 CUP 236

$19.68 UYU 791

-49.95%

Cinema Ticket

$0.98 CUP 23.44

$12.33 UYU 496

-92.05%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$89.9 CUP 2,158

$613 UYU 24.7K

-85.33%

International Primary School, 1 Child (Yearly)

$14.8K CUP 355.5K

$11.0K UYU 444.3K

34.05%

Jeans (Levis 501 Or Similar)

$40.14 CUP 963

$103 UYU 4,134

-60.96%

Summer Dress (H&M, Zara, etc)

$30.02 CUP 720

$56.1 UYU 2,255

-46.46%

Sport Shoes (Adidas, Nike)

$74.7 CUP 1,793

$124 UYU 5,000

-39.94%

Men's Leather Business Shoes

$80.7 CUP 1,937

$130 UYU 5,214

-37.75%

1-bedroom Apartment, City Center (Monthly)

$403 CUP 9,664

$705 UYU 28.4K

-42.90%

1-bedroom Apartment, Outside City Center (Monthly)

$426 CUP 10.2K

$575 UYU 23.1K

-25.92%

3-bedroom Apartment, City Center (Monthly)

$1,030 CUP 24.7K

$1,139 UYU 45.8K

-9.51%

3-bedroom Apartment, Outside City Center (Monthly)

$622 CUP 14.9K

$1,016 UYU 40.8K

-38.77%

Buy Apartment in City Center (m2)

$302 CUP 7,243

$3,349 UYU 134.6K

-90.99%

Buy Apartment Outside City Center (m2)

$356 CUP 8,541

$1,942 UYU 78.1K

-81.67%

Average Monthly Net Salary (After Tax)

$20.21 CUP 485

$1,229 UYU 49.4K

-98.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

74.22%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Cayo Coco: October 3, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Cayo Coco

$426 34.8%

Montevideo

$575 32.3% 35% $149

Monthly Utilities & Internet

Cayo Coco

$296 24.2%

Montevideo

$255 14.3% 13.8% $41

Groceries & Markets

Cayo Coco

$233 19%

Montevideo

$332 18.7% 42.5% $99

Eating Out

Cayo Coco

$102 8.3%

Montevideo

$271 15.2% 167% $170

Clothing & Footwear

Cayo Coco

$102 8.3%

Montevideo

$186 10.4% 83.1% $84

Sport & Entertainment

Cayo Coco

$41 3.4%

Montevideo

$79 4.4% 91.4% $38

Getting Around

Cayo Coco

$26 * 2.1%

Montevideo

$84 4.7% 224% $58

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $403 in Cayo Coco and $705 in Montevideo. Housing cost is often the main lever when comparing two cities.

Montevideo pays 5982% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $15.00 in Cayo Coco vs $67.0 in Montevideo for a mid-range dinner for two. Groceries echo the gap at $233 vs $332 per month, with Cayo Coco cheaper across the board.

Good to know

🇨🇺 Cayo Coco

🇺🇾 Montevideo

🕒 Local time

04:19 4:19 AM

05:19 5:19 AM

1 h ahead of Cayo Coco

🌤 Weather

👥 Population

1,319,108 Capital

💱 Currency

Cuban Peso CUP $

Uruguayan Peso UYU $U

📈 Exchange rate

100 CUP = 4.17 USD

100 CUP = 3.72 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to CUP – Cuban Peso Converter

🇺🇸 United States Dollar ($)

🇨🇺 Cuban Peso ($)

Cuban Peso exchange rates as of October 10, 2026: 1 USD = 24 CUP (100 CUP = 4.17 USD). 1 EUR = 26.92 CUP (100 CUP = 3.72 EUR).

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.1 UYU (100 UYU = 2.22 EUR).

USD to CUP in detail →

On the map

Lowest

Highest

Between locations

Cayo Coco Montevideo 6,800 km ≈ 9 h nonstop flight

From you

Cayo Coco
Montevideo

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated March 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Cayo Coco vs Montevideo: Cost of Living - Frequently Asked Questions

Cayo Coco wins on cost – living expenses run 48% lower than in Montevideo. Housing and daily spending are where you'll feel the difference most, making Cayo Coco the obvious pick if budget is a priority.

On paper, salaries run 5982% lower in Montevideo. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $403 in Cayo Coco versus $705 in Montevideo. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Cayo Coco runs roughly 275% less than in Montevideo. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $89.9 in Cayo Coco versus $613 in Montevideo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,224 in Cayo Coco versus $1,813 in Montevideo, a $1,000 budget is realistic in Cayo Coco but tight or insufficient in Montevideo. The gap between the two cities makes Cayo Coco the clear choice for anyone on this budget.

Both work as nomad bases, but Cayo Coco delivers better value – similar infrastructure at $1,224 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Cayo Coco hard to pass up.

Safety-wise, Cayo Coco and Montevideo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Cayo Coco gentler on the wallet – expenses run 48% less than in Montevideo. Beyond cost, consider language, visa policies, and how big the international community is in each city.