Last update: Oct 2026

Cost of Living Comparison Between Colima and Montevideo

For one person, living is cheaper in Colima: $952 a month against $1,771 in Montevideo, rent and utilities included – about $9,800 less a year. Rent and utilities account for about half of the difference.

46

Cost of Living Index in Colima
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Colima Living Index
86

Cost of Living Index in Montevideo
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Montevideo Living Index

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Colima

🇲🇽 Mexico

$952

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $952 in Colima versus $1,771 in Montevideo.

Colima $952
Montevideo $1,771

Estimated couple costs with rent: $1,562 in Colima versus $2,740 in Montevideo.

Colima $1,562
Montevideo $2,740

Monthly costs for a family of three with rent: $2,173 in Colima versus $3,708 in Montevideo.

Colima $2,173
Montevideo $3,708

Living in Colima costs roughly 46% less than in Montevideo, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Colima is 29% below, Montevideo is 31% above.

Meal at Budget Restaurant

$7.58 MX$140

$15.16 UYU 609

-50.00%

Three-Course Dinner for Two, Mid-Range

$33.52 MX$619

$69.2 UYU 2,776

-51.53%

Fast Food Meal (McDonalds, etc)

$7.16 MX$132

$14.65 UYU 588

-51.13%

Cappuccino

$2.24 MX$41.33

$4.46 UYU 179

-49.78%

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

$1.00 MX$18.48

$2.67 UYU 107

-62.55%

Water (0.33 liter bottle)

$0.84 MX$15.45

$2.00 UYU 80.4

-58.00%

Local Beer (0.5 liter draught)

$2.23 MX$41.16

$4.83 UYU 194

-53.83%

Imported Beer (0.33 liter bottle)

$2.45 MX$45.24

$3.80 UYU 152

-35.53%

Milk (1 liter)

$1.55 MX$28.57

$1.36 UYU 54.8

13.97%

White Bread (500g)

$2.64 MX$48.76

$2.87 UYU 115

-8.01%

Rice (white) (1kg)

$1.21 MX$22.40

$1.75 UYU 70.2

-30.86%

Eggs

$2.76 MX$51.0

$4.68 UYU 188

-41.03%

Local Cheese (1kg)

$8.01 MX$148

$13.88 UYU 557

-42.29%

Chicken Fillets (1kg)

$8.35 MX$154

$11.98 UYU 481

-30.30%

Beef Round Steak (1kg)

$9.86 MX$182

$11.97 UYU 480

-17.63%

Apples (1kg)

$2.85 MX$52.7

$2.78 UYU 111

2.52%

Banana (1kg)

$1.44 MX$26.63

$2.74 UYU 110

-47.45%

Oranges (1kg)

$1.78 MX$32.82

$1.77 UYU 71.2

0.56%

Tomato (1kg)

$2.26 MX$41.70

$3.24 UYU 130

-30.25%

Potato (1kg)

$2.30 MX$42.50

$1.97 UYU 79.2

16.75%

Onion (1kg)

$2.30 MX$42.58

$2.07 UYU 83.1

11.11%

Lettuce (1 head)

$1.43 MX$26.36

$1.37 UYU 55.1

4.38%

Water (1.5 liter bottle)

$1.09 MX$20.09

$1.88 UYU 75.3

-42.02%

Cigarettes 20 Pack (Marlboro, Camel)

$3.61 MX$66.8

$5.59 UYU 224

-35.42%

Wine (Bottle)

$6.76 MX$125

$8.78 UYU 352

-23.01%

Local Beer (0.5 liter bottle)

$1.56 MX$28.83

$2.26 UYU 90.9

-30.97%

Imported Beer (0.33 liter bottle)

$1.77 MX$32.64

$2.75 UYU 110

-35.64%

One-way Ticket (Public Transport)

$0.63 MX$11.73

$1.53 UYU 61.5

-58.82%

Public Transport Monthly Pass (Regular Price)

$19.51 MX$361

$74.3 UYU 2,980

-73.73%

Taxi Start (Normal Tariff)

$2.40 MX$44.35

$1.91 UYU 76.7

25.65%

Taxi (Normal Tariff) (1km)

$2.82 MX$52.1

$0.40 UYU 16.18

605.00%

Taxi 1hour Waiting (Normal Tariff)

$9.41 MX$174

$10.33 UYU 415

-8.91%

Gasoline (1 liter)

$1.43 MX$26.45

$2.13 UYU 85.6

-32.86%

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

$20.9K MX$386.3K

$27.1K UYU 1.1M

-22.89%

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

$22.7K MX$419.1K

$36.3K UYU 1.5M

-37.46%

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

$64.9 MX$1,198

$188 UYU 7,557

-65.55%

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

$20.24 MX$374

$20.54 UYU 824

-1.46%

Internet (50+ Mbps, Unlimited Data)

$29.71 MX$549

$44.81 UYU 1,798

-33.70%

Gym Membership (Monthly)

$35.28 MX$652

$54.0 UYU 2,166

-34.62%

Tennis Court (1 Hour on Weekend)

$21.72 MX$401

$19.75 UYU 793

9.97%

Cinema Ticket

$4.63 MX$85.6

$11.95 UYU 480

-61.26%

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

$147 MX$2,712

$634 UYU 25.5K

-76.87%

International Primary School, 1 Child (Yearly)

$2,496 MX$46.1K

$11.1K UYU 443.6K

-77.42%

Jeans (Levis 501 Or Similar)

$45.09 MX$833

$102 UYU 4,099

-55.85%

Summer Dress (H&M, Zara, etc)

$25.11 MX$464

$57.5 UYU 2,309

-56.35%

Sport Shoes (Adidas, Nike)

$74.1 MX$1,369

$127 UYU 5,079

-41.47%

Men's Leather Business Shoes

$102 MX$1,884

$128 UYU 5,131

-20.25%

1-bedroom Apartment, City Center (Monthly)

$262 MX$4,849

$719 UYU 28.8K

-63.49%

1-bedroom Apartment, Outside City Center (Monthly)

$261 MX$4,831

$568 UYU 22.8K

-53.97%

3-bedroom Apartment, City Center (Monthly)

$369 MX$6,826

$1,145 UYU 46.0K

-67.74%

3-bedroom Apartment, Outside City Center (Monthly)

$589 MX$10.9K

$1,023 UYU 41.1K

-42.45%

Buy Apartment in City Center (m2)

$3,392 UYU 136.1K

Buy Apartment Outside City Center (m2)

$1,949 UYU 78.2K

Average Monthly Net Salary (After Tax)

$287 MX$5,301

$1,245 UYU 50.0K

-76.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.3

5.74

96.86%

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

Last update for Colima: October 12, 2026

Last update for Montevideo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Colima

$261 27.5%

Montevideo

$568 32.1% 117% $306

Groceries & Markets

Colima

$250 26.2%

Montevideo

$332 18.7% 32.9% $82

Eating Out

Colima

$132 13.9%

Montevideo

$269 15.2% 103% $137

Monthly Utilities & Internet

Colima

$115 12.1%

Montevideo

$254 14.3% 121% $139

Clothing & Footwear

Colima

$111 11.6%

Montevideo

$186 10.5% 68.2% $76

Sport & Entertainment

Colima

$45 4.7%

Montevideo

$78 4.4% 74.8% $33

Getting Around

Colima

$39 4.1%

Montevideo

$84 4.8% 119% $46

Cost Breakdown

A one-bedroom apartment in the center runs $262 in Colima and $719 in Montevideo. Housing cost is often the main lever when comparing two cities.

Montevideo pays 334% 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: $34.00 in Colima vs $69.0 in Montevideo for a mid-range dinner for two. Groceries echo the gap at $250 vs $332 per month, with Colima cheaper across the board.

Good to know

🇲🇽 Colima

🇺🇾 Montevideo

🕒 Local time

22:03 10:03 PM

01:03 1:03 AM

3 h ahead of Colima

🌤 Weather

👥 Population

146,965

1,319,108 Capital

💱 Currency

Mexican Peso MXN $

Uruguayan Peso UYU $U

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 18, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

Uruguayan Peso exchange rates as of October 18, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

USD to MXN in detail →

On the map

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Between locations

Colima Montevideo 7,840 km ≈ 10 h nonstop flight

From you

Colima
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

Colima vs Montevideo: Cost of Living - Frequently Asked Questions

Colima and Montevideo differ by about 86% in total monthly costs ($952 vs $1,771 including rent). Colima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 334% 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: $262 in Colima versus $719 in Montevideo. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Colima runs roughly 281% less than in Montevideo. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $147 in Colima versus $634 in Montevideo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $952 in Colima versus $1,771 in Montevideo, a $2,000 budget is realistic in Colima but tight or insufficient in Montevideo. The gap between the two cities makes Colima the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Colima 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 Colima gentler on the wallet – expenses run 86% less than in Montevideo. Beyond cost, consider language, visa policies, and how big the international community is in each city.