Last update: Oct 2026

Cost of Living Comparison Between Elliot Lake, ON and Montevideo

For one person, living is cheaper in Montevideo: $1,784 a month against $2,324 in Elliot Lake, ON, rent and utilities included – about $6,500 less a year. Higher rent and utilities in Elliot Lake, ON outweigh lower spending on other living expenses.

Elliot Lake, ON
🇨🇦 Canada
$2,324
/mo nomad
Montevideo
🇺🇾 Uruguay
$1,784
/mo nomad
Monthly Cost of Living

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

Monthly costs for one person with rent: $2,324 in Elliot Lake, ON versus $1,784 in Montevideo.

  • Elliot Lake, ON $2,324
  • Montevideo $1,784

Estimated couple costs with rent: $3,241 in Elliot Lake, ON versus $2,756 in Montevideo.

  • Elliot Lake, ON $3,241
  • Montevideo $2,756

Monthly costs for a family of three with rent: $4,158 in Elliot Lake, ON versus $3,728 in Montevideo.

  • Elliot Lake, ON $4,158
  • Montevideo $3,728

Living in Elliot Lake, ON is roughly 30% more expensive than in Montevideo, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Elliot Lake, ON 72% above, Montevideo 32% above.

Currency
🍽 Eating Out
Elliot Lake, ON
Montevideo
Difference
Meal at Budget Restaurant
$17.76 CA$25.11
$14.82 UYU 595
19.84%
Three-Course Dinner for Two, Mid-Range
$64.8 CA$91.7
$69.7 UYU 2,797
-6.97%
Fast Food Meal (McDonalds, etc)
$10.57 CA$14.94
$14.68 UYU 589
-28.00%
Cappuccino
$3.70 CA$5.23
$4.65 UYU 186
-20.43%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.98 CA$2.80
$2.74 UYU 110
-27.74%
Water (0.33 liter bottle)
$1.62 CA$2.29
$2.07 UYU 82.9
-21.74%
Local Beer (0.5 liter draught)
$5.21 CA$7.36
$4.79 UYU 192
8.77%
Imported Beer (0.33 liter bottle)
$5.65 CA$7.98
$3.63 UYU 146
55.65%
🛒 Groceries & Markets
Elliot Lake, ON
Montevideo
Difference
Milk (1 liter)
$2.30 CA$3.25
$1.39 UYU 55.8
65.47%
White Bread (500g)
$2.55 CA$3.60
$2.89 UYU 116
-11.76%
Rice (white) (1kg)
$3.04 CA$4.30
$1.70 UYU 68.1
78.82%
Eggs
$3.17 CA$4.48
$4.62 UYU 185
-31.39%
Local Cheese (1kg)
$10.28 CA$14.53
$14.22 UYU 571
-27.71%
Chicken Fillets (1kg)
$12.93 CA$18.28
$11.62 UYU 466
11.27%
Beef Round Steak (1kg)
$16.33 CA$23.08
$12.23 UYU 491
33.52%
Apples (1kg)
$3.87 CA$5.47
$2.77 UYU 111
39.71%
Banana (1kg)
$1.26 CA$1.78
$2.85 UYU 114
-55.79%
Oranges (1kg)
$3.51 CA$4.97
$1.81 UYU 72.5
93.92%
Tomato (1kg)
$3.92 CA$5.54
$3.20 UYU 129
22.50%
Potato (1kg)
$2.73 CA$3.86
$1.94 UYU 77.8
40.72%
Onion (1kg)
$1.99 CA$2.81
$2.16 UYU 86.5
-7.87%
Lettuce (1 head)
$2.43 CA$3.43
$1.43 UYU 57.3
69.93%
Water (1.5 liter bottle)
$1.79 CA$2.53
$1.94 UYU 77.9
-7.73%
Cigarettes 20 Pack (Marlboro, Camel)
$14.18 CA$20.04
$5.47 UYU 219
159.23%
Wine (Bottle)
$12.80 CA$18.10
$8.95 UYU 359
43.02%
Local Beer (0.5 liter bottle)
$2.42 CA$3.42
$2.26 UYU 90.8
7.08%
Imported Beer (0.33 liter bottle)
$2.91 CA$4.12
$2.81 UYU 113
3.56%
🚌 Getting Around
Elliot Lake, ON
Montevideo
Difference
One-way Ticket (Public Transport)
$2.25 CA$3.18
$1.56 UYU 62.6
44.23%
Public Transport Monthly Pass (Regular Price)
$64.7 CA$91.4
$73.8 UYU 2,962
-12.40%
Taxi Start (Normal Tariff)
$2.95 CA$4.17
$1.90 UYU 76.2
55.26%
Taxi (Normal Tariff) (1km)
$1.40 CA$1.98
$0.43 UYU 17.36
225.58%
Taxi 1hour Waiting (Normal Tariff)
$23.73 CA$33.55
$10.59 UYU 425
124.08%
Gasoline (1 liter)
$1.07 CA$1.52
$2.12 UYU 85.2
-49.53%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.8K CA$36.4K
$26.8K UYU 1.1M
-3.77%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.2K CA$32.8K
$37.0K UYU 1.5M
-37.23%
🧾 Monthly Utilities & Internet
Elliot Lake, ON
Montevideo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$150 CA$212
$193 UYU 7,727
-21.95%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.88 CA$46.48
$20.91 UYU 839
57.25%
Internet (50+ Mbps, Unlimited Data)
$55.6 CA$78.6
$44.89 UYU 1,802
23.81%
🎉 Sport & Entertainment
Elliot Lake, ON
Montevideo
Difference
Gym Membership (Monthly)
$44.30 CA$62.6
$50.8 UYU 2,038
-12.74%
Tennis Court (1 Hour on Weekend)
$20.25 CA$28.63
$19.73 UYU 792
2.64%
Cinema Ticket
$10.01 CA$14.15
$12.30 UYU 494
-18.62%
🧸 Childcare & Education
Elliot Lake, ON
Montevideo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$628 CA$887
$629 UYU 25.2K
-0.17%
International Primary School, 1 Child (Yearly)
$11.6K CA$16.4K
$10.9K UYU 437.3K
6.29%
👕👟 Clothing & Footwear
Elliot Lake, ON
Montevideo
Difference
Jeans (Levis 501 Or Similar)
$56.7 CA$80.2
$104 UYU 4,166
-45.36%
Summer Dress (H&M, Zara, etc)
$40.46 CA$57.2
$57.4 UYU 2,305
-29.56%
Sport Shoes (Adidas, Nike)
$92.9 CA$131
$125 UYU 5,010
-25.61%
Men's Leather Business Shoes
$107 CA$151
$132 UYU 5,315
-19.18%
🏠 Accommodation & Living
Elliot Lake, ON
Montevideo
Difference
1-bedroom Apartment, City Center (Monthly)
$1,394 CA$1,971
$713 UYU 28.6K
95.47%
1-bedroom Apartment, Outside City Center (Monthly)
$1,169 CA$1,652
$575 UYU 23.1K
103.14%
3-bedroom Apartment, City Center (Monthly)
$2,224 CA$3,145
$1,164 UYU 46.7K
91.09%
3-bedroom Apartment, Outside City Center (Monthly)
$1,560 CA$2,206
$1,033 UYU 41.5K
50.99%
Buy Apartment in City Center (m2)
$4,250 CA$6,009
$3,418 UYU 137.2K
24.35%
Buy Apartment Outside City Center (m2)
$3,892 CA$5,502
$1,760 UYU 70.6K
121.12%
💵 Salaries & Financials
Elliot Lake, ON
Montevideo
Difference
Average Monthly Net Salary (After Tax)
-
$1,244 UYU 49.9K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.67
5.74
-18.64%

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

Last update for Elliot Lake, ON: October 18, 2026

Last update for Montevideo: October 19, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Elliot Lake, ON
$1.2K
Montevideo
$575 50.8% $594
Groceries & Markets
Elliot Lake, ON
$365
Montevideo
$334 8.7% $32
Eating Out
Elliot Lake, ON
$270
Montevideo
$269 0.4% $1.1
Monthly Utilities & Internet
Elliot Lake, ON
$239
Montevideo
$258 8.2% $20
Clothing & Footwear
Elliot Lake, ON
$134
Montevideo
$188 40.9% $55
Getting Around
Elliot Lake, ON
$84
Montevideo
$84 0.6% $0.5
Sport & Entertainment
Elliot Lake, ON
$64
Montevideo
$75 17.2% $11

Cost Breakdown

A one-bedroom apartment in the center runs $1,394 in Elliot Lake, ON and $713 in Montevideo. Housing cost is often the main lever when comparing two cities.

Dining out: $65.0 in Elliot Lake, ON vs $70.0 in Montevideo. Groceries flip the comparison at $365 vs $334, with Montevideo cheaper for home cooking.

Good to know
🇨🇦 Elliot Lake, ON
🇺🇾 Montevideo
🕒 Local time
11:32 11:32 AM
12:32 12:32 PM
1 h ahead of Elliot Lake, ON
🌤 Weather
👥 Population
10,741
1,319,108 Capital
💱 Currency
Exchange rates and currency converter

UYU, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 21, 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 21, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

On the map
Between locations
  • Elliot Lake, ON Montevideo 9,420 km ≈ 12 h nonstop flight
From you
  • Elliot Lake, ON
  • 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
Elliot Lake, ON vs Montevideo: Cost of Living - Frequently Asked Questions
Is Montevideo cheaper than Elliot Lake, ON?
Montevideo is cheaper overall, especially in groceries, eating out, and utilities. The 30% gap adds up to real monthly savings that compound significantly over time.
What income do you need for each city?
You'd need roughly $3,487 in Elliot Lake, ON and $2,676 in Montevideo to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.
What is the rent difference between Elliot Lake, ON and Montevideo?
Rent for a central apartment: $1,394 in Elliot Lake, ON versus $713 in Montevideo. Housing is usually the single largest factor when comparing overall living costs between the two.
What are total monthly expenses in Elliot Lake, ON and in Montevideo?
All in, you'll spend $2,324 per month in Elliot Lake, ON versus $1,784 in Montevideo – a 30% gap that adds up to real savings over time for anyone picking the cheaper option.
Which city has cheaper public transport?
A monthly transit pass in Montevideo runs roughly 14% less than in Elliot Lake, ON. Both cities have functional networks, but the price difference matters if you're watching your budget.
Is $2,500 a realistic budget for living in Elliot Lake, ON or in Montevideo?
At $1,784 in Montevideo versus $2,324 in Elliot Lake, ON, a $2,500 budget is realistic in Montevideo but tight or insufficient in Elliot Lake, ON. The gap between the two cities makes Montevideo the clear choice for anyone on this budget.
Is Elliot Lake, ON or Montevideo more family-friendly?
For families, Montevideo is more practical. Housing and childcare are both notably cheaper than in Elliot Lake, ON, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is safer, Elliot Lake, ON or Montevideo?
Safety-wise, Elliot Lake, ON 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.
Which city is easier to live in as a foreigner?
Expats usually find Montevideo gentler on the wallet – expenses run 30% less than in Elliot Lake, ON. Beyond cost, consider language, visa policies, and how big the international community is in each city.

Elliot Lake, ON vs other spots: cost of living compared

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