Last update: Oct 2026

Cost of Living Comparison Between Cochrane and Montevideo

For one person, living is cheaper in Cochrane: $1,074 a month against $1,771 in Montevideo, rent and utilities included – about $8,400 less a year. Rent and utilities account for most of the difference.

52

Cost of Living Index in Cochrane
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Cochrane Living Index
86

Cost of Living Index in Montevideo
Learn more

Montevideo Living Index

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Cochrane

🇨🇦 Canada

$1,074

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Monthly Cost of Living

How much you'll spend in Cochrane 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 Cochrane and in Montevideo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,074 in Cochrane versus $1,771 in Montevideo.

Cochrane $1,074
Montevideo $1,771

Estimated couple costs with rent: $2,385 in Cochrane versus $2,740 in Montevideo.

Cochrane $2,385
Montevideo $2,740

Monthly costs for a family of three with rent: $3,696 in Cochrane versus $3,708 in Montevideo.

Cochrane $3,696
Montevideo $3,708

Living in Cochrane costs roughly 39% less than in Montevideo, and outside of rent the biggest gap is in clothing.

The two cities straddle the global median: Cochrane is 20% below, Montevideo is 31% above.

Meal at Budget Restaurant

$17.47 CA$24.70

$15.16 UYU 609

15.24%

Three-Course Dinner for Two, Mid-Range

$70.2 CA$99.3

$69.2 UYU 2,776

1.56%

Fast Food Meal (McDonalds, etc)

$9.90 CA$14.00

$14.65 UYU 588

-32.42%

Cappuccino

$3.82 CA$5.40

$4.46 UYU 179

-14.35%

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

$2.33 CA$3.29

$2.67 UYU 107

-12.73%

Water (0.33 liter bottle)

$1.62 CA$2.29

$2.00 UYU 80.4

-19.00%

Local Beer (0.5 liter draught)

$5.69 CA$8.04

$4.83 UYU 194

17.81%

Imported Beer (0.33 liter bottle)

$5.72 CA$8.08

$3.80 UYU 152

50.53%

Milk (1 liter)

$1.56 CA$2.20

$1.36 UYU 54.8

14.71%

White Bread (500g)

$2.07 CA$2.93

$2.87 UYU 115

-27.87%

Rice (white) (1kg)

$2.98 CA$4.21

$1.75 UYU 70.2

70.29%

Eggs

$3.22 CA$4.55

$4.68 UYU 188

-31.20%

Local Cheese (1kg)

$8.58 CA$12.13

$13.88 UYU 557

-38.18%

Chicken Fillets (1kg)

$8.42 CA$11.90

$11.98 UYU 481

-29.72%

Beef Round Steak (1kg)

$8.57 CA$12.12

$11.97 UYU 480

-28.40%

Apples (1kg)

$4.29 CA$6.07

$2.78 UYU 111

54.32%

Banana (1kg)

$1.37 CA$1.94

$2.74 UYU 110

-50.00%

Oranges (1kg)

$4.38 CA$6.19

$1.77 UYU 71.2

147.46%

Tomato (1kg)

$1.43 CA$2.03

$3.24 UYU 130

-55.86%

Potato (1kg)

$1.37 CA$1.94

$1.97 UYU 79.2

-30.46%

Onion (1kg)

$1.77 CA$2.50

$2.07 UYU 83.1

-14.49%

Lettuce (1 head)

$2.43 CA$3.44

$1.37 UYU 55.1

77.37%

Water (1.5 liter bottle)

$1.75 CA$2.48

$1.88 UYU 75.3

-6.91%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 CA$19.51

$5.59 UYU 224

146.87%

Wine (Bottle)

$8.16 CA$11.54

$8.78 UYU 352

-7.06%

Local Beer (0.5 liter bottle)

$3.08 CA$4.36

$2.26 UYU 90.9

36.28%

Imported Beer (0.33 liter bottle)

$2.96 CA$4.18

$2.75 UYU 110

7.64%

One-way Ticket (Public Transport)

$3.46 CA$4.89

$1.53 UYU 61.5

126.14%

Public Transport Monthly Pass (Regular Price)

$74.3 UYU 2,980

Taxi Start (Normal Tariff)

$2.92 CA$4.13

$1.91 UYU 76.7

52.88%

Taxi (Normal Tariff) (1km)

$1.38 CA$1.95

$0.40 UYU 16.18

245.00%

Taxi 1hour Waiting (Normal Tariff)

$21.32 CA$30.15

$10.33 UYU 415

106.39%

Gasoline (1 liter)

$1.06 CA$1.50

$2.13 UYU 85.6

-50.23%

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

$27.6K CA$39.0K

$27.1K UYU 1.1M

1.87%

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

$19.5K CA$27.6K

$36.3K UYU 1.5M

-46.10%

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

$207 CA$292

$188 UYU 7,557

9.82%

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

$42.87 CA$60.6

$20.54 UYU 824

108.71%

Internet (50+ Mbps, Unlimited Data)

$54.4 CA$76.9

$44.81 UYU 1,798

21.36%

Gym Membership (Monthly)

$44.82 CA$63.4

$54.0 UYU 2,166

-16.94%

Tennis Court (1 Hour on Weekend)

$19.75 UYU 793

Cinema Ticket

$12.90 CA$18.24

$11.95 UYU 480

7.95%

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

$752 CA$1,063

$634 UYU 25.5K

18.51%

International Primary School, 1 Child (Yearly)

$9,571 CA$13.5K

$11.1K UYU 443.6K

-13.41%

Jeans (Levis 501 Or Similar)

$42.60 CA$60.2

$102 UYU 4,099

-58.29%

Summer Dress (H&M, Zara, etc)

$45.15 CA$63.8

$57.5 UYU 2,309

-21.52%

Sport Shoes (Adidas, Nike)

$83.3 CA$118

$127 UYU 5,079

-34.15%

Men's Leather Business Shoes

$94.7 CA$134

$128 UYU 5,131

-25.89%

1-bedroom Apartment, City Center (Monthly)

$1,182 CA$1,671

$719 UYU 28.8K

64.46%

1-bedroom Apartment, Outside City Center (Monthly)

$568 UYU 22.8K

3-bedroom Apartment, City Center (Monthly)

$1,725 CA$2,438

$1,145 UYU 46.0K

50.62%

3-bedroom Apartment, Outside City Center (Monthly)

$1,344 CA$1,900

$1,023 UYU 41.1K

31.35%

Buy Apartment in City Center (m2)

$22.6K CA$31.9K

$3,392 UYU 136.1K

565.18%

Buy Apartment Outside City Center (m2)

$1,949 UYU 78.2K

Average Monthly Net Salary (After Tax)

$4,061 CA$5,740

$1,245 UYU 50.0K

226.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.32

5.74

-24.74%

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

Last update for Cochrane: October 11, 2026

Last update for Montevideo: October 12, 2026

Monthly budget structure

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

Monthly Utilities & Internet

Cochrane

$304 28.3%

Montevideo

$254 14.3% 16.6% $50

Groceries & Markets

Cochrane

$285 26.5%

Montevideo

$332 18.7% 16.3% $47

Eating Out

Cochrane

$271 25.2%

Montevideo

$269 15.2% 0.7% $1.8

Clothing & Footwear

Cochrane

$120 11.1%

Montevideo

$186 10.5% 55.8% $67

Sport & Entertainment

Cochrane

$71 6.6%

Montevideo

$78 4.4% 10.3% $7.2

Getting Around

Cochrane

$24 * 2.2%

Montevideo

$84 4.8% 256% $61

Accommodation & Living

Cochrane

- * 0%

Montevideo

$568 32.1%

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 $1,182 in Cochrane and $719 in Montevideo. Housing cost is often the main lever when comparing two cities.

Cochrane pays 226% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $70.0 in Cochrane vs $69.0 in Montevideo. Groceries flip the comparison at $285 vs $332, with Cochrane cheaper for home cooking.

Good to know

🇨🇦 Cochrane

🇺🇾 Montevideo

🕒 Local time

16:21 4:21 PM

19:21 7:21 PM

3 h ahead of Cochrane

🌤 Weather

👥 Population

26,000

1,319,108 Capital

💱 Currency

Canadian Dollar CAD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Uruguayan Peso exchange rates as of October 19, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Cochrane Montevideo 11,130 km ≈ 14 h nonstop flight

From you

Cochrane
Montevideo

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

City Median Internet Speeds Comparison (Updated April 2026)

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

Digital Nomad Cost of Living Index

Cochrane vs Montevideo: Cost of Living - Frequently Asked Questions

Cochrane wins on cost – living expenses run 65% lower than in Montevideo. Housing and daily spending are where you'll feel the difference most, making Cochrane the obvious pick if budget is a priority.

Average pay runs 226% higher in Cochrane, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,182 in Cochrane versus $719 in Montevideo. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 16% higher in Montevideo. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,074 per month in Cochrane versus $1,771 in Montevideo – a 65% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,074 in Cochrane versus $1,771 in Montevideo, a $1,000 budget is realistic in Cochrane but tight or insufficient in Montevideo. The gap between the two cities makes Cochrane the clear choice for anyone on this budget.

Both work as nomad bases, but Cochrane delivers better value – similar infrastructure at $1,074 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Cochrane hard to pass up.

Safety-wise, Cochrane 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 Cochrane gentler on the wallet – expenses run 65% less than in Montevideo. Beyond cost, consider language, visa policies, and how big the international community is in each city.