Last update: Oct 2026

Cost of Living Comparison Between George Town and Montevideo

For one person, living is cheaper in Montevideo: $1,813 a month against $4,862 in George Town, rent and utilities included – about $36,600 less a year. Rent and utilities account for most of the difference.

237

Cost of Living Index in George Town
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George Town Living Index
86

Cost of Living Index in Montevideo
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Montevideo Living Index

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George Town

🇰🇾 Cayman Islands

$4,862

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $4,862 in George Town versus $1,813 in Montevideo.

George Town $4,862
Montevideo $1,813

Estimated couple costs with rent: $7,338 in George Town versus $2,782 in Montevideo.

George Town $7,338
Montevideo $2,782

Monthly costs for a family of three with rent: $9,814 in George Town versus $3,750 in Montevideo.

George Town $9,814
Montevideo $3,750

Living in George Town is roughly 168% more expensive than in Montevideo, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: George Town 263% above, Montevideo 35% above.

Meal at Budget Restaurant

$30.59 KYD 25.09

$15.26 UYU 613

100.46%

Three-Course Dinner for Two, Mid-Range

$116 KYD 94.7

$67.4 UYU 2,711

71.30%

Fast Food Meal (McDonalds, etc)

$16.82 KYD 13.79

$14.37 UYU 578

17.05%

Cappuccino

$7.14 KYD 5.86

$4.64 UYU 187

53.88%

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

$3.06 KYD 2.51

$2.73 UYU 110

12.09%

Water (0.33 liter bottle)

$2.84 KYD 2.33

$2.09 UYU 84.0

35.89%

Local Beer (0.5 liter draught)

$7.11 KYD 5.83

$4.75 UYU 191

49.68%

Imported Beer (0.33 liter bottle)

$9.74 KYD 7.99

$3.67 UYU 147

165.40%

Milk (1 liter)

$4.70 KYD 3.85

$1.38 UYU 55.5

240.58%

White Bread (500g)

$4.13 KYD 3.38

$2.77 UYU 112

49.10%

Rice (white) (1kg)

$4.41 KYD 3.62

$1.69 UYU 67.8

160.95%

Eggs

$7.21 KYD 5.91

$4.52 UYU 182

59.51%

Local Cheese (1kg)

$56.9 KYD 46.64

$14.17 UYU 570

301.41%

Chicken Fillets (1kg)

$19.04 KYD 15.62

$12.07 UYU 485

57.75%

Beef Round Steak (1kg)

$19.67 KYD 16.13

$12.16 UYU 489

61.76%

Apples (1kg)

$7.55 KYD 6.19

$2.87 UYU 116

163.07%

Banana (1kg)

$3.63 KYD 2.98

$2.75 UYU 110

32.00%

Oranges (1kg)

$6.19 KYD 5.07

$1.73 UYU 69.5

257.80%

Tomato (1kg)

$7.91 KYD 6.49

$3.24 UYU 130

144.14%

Potato (1kg)

$4.12 KYD 3.38

$2.07 UYU 83.1

99.03%

Onion (1kg)

$4.07 KYD 3.34

$2.07 UYU 83.1

96.62%

Lettuce (1 head)

$3.19 KYD 2.62

$1.38 UYU 55.4

131.16%

Water (1.5 liter bottle)

$2.26 KYD 1.86

$1.85 UYU 74.5

22.16%

Cigarettes 20 Pack (Marlboro, Camel)

$14.16 KYD 11.61

$5.57 UYU 224

154.22%

Wine (Bottle)

$25.66 KYD 21.04

$8.89 UYU 357

188.64%

Local Beer (0.5 liter bottle)

$4.29 KYD 3.52

$2.29 UYU 92.2

87.34%

Imported Beer (0.33 liter bottle)

$5.45 KYD 4.47

$2.70 UYU 109

101.85%

One-way Ticket (Public Transport)

$2.38 KYD 1.95

$1.52 UYU 61.3

56.58%

Public Transport Monthly Pass (Regular Price)

$79.8 KYD 65.5

$73.7 UYU 2,962

8.36%

Taxi Start (Normal Tariff)

$19.15 KYD 15.70

$1.82 UYU 73.4

952.20%

Taxi (Normal Tariff) (1km)

$3.74 KYD 3.07

$0.40 UYU 16.05

835.00%

Taxi 1hour Waiting (Normal Tariff)

$44.62 KYD 36.59

$10.66 UYU 429

318.57%

Gasoline (1 liter)

$1.58 KYD 1.30

$2.22 UYU 89.2

-28.83%

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

$42.1K KYD 34.6K

$26.7K UYU 1.1M

57.54%

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

$42.0K KYD 34.4K

$36.7K UYU 1.5M

14.31%

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

$450 KYD 369

$191 UYU 7,674

135.63%

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

$120 KYD 98.2

$20.40 UYU 820

486.76%

Internet (50+ Mbps, Unlimited Data)

$113 KYD 92.6

$44.14 UYU 1,775

155.94%

Gym Membership (Monthly)

$217 KYD 178

$54.1 UYU 2,177

300.11%

Tennis Court (1 Hour on Weekend)

$34.74 KYD 28.48

$19.68 UYU 791

76.52%

Cinema Ticket

$18.64 KYD 15.28

$12.33 UYU 496

51.18%

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

$1,818 KYD 1,490

$613 UYU 24.7K

196.46%

International Primary School, 1 Child (Yearly)

$26.5K KYD 21.7K

$11.0K UYU 444.3K

139.80%

Jeans (Levis 501 Or Similar)

$87.0 KYD 71.3

$103 UYU 4,134

-15.39%

Summer Dress (H&M, Zara, etc)

$74.1 KYD 60.8

$56.1 UYU 2,255

32.14%

Sport Shoes (Adidas, Nike)

$137 KYD 113

$124 UYU 5,000

10.49%

Men's Leather Business Shoes

$146 KYD 119

$130 UYU 5,214

12.25%

1-bedroom Apartment, City Center (Monthly)

$2,861 KYD 2,346

$705 UYU 28.4K

305.65%

1-bedroom Apartment, Outside City Center (Monthly)

$2,479 KYD 2,033

$575 UYU 23.1K

330.78%

3-bedroom Apartment, City Center (Monthly)

$5,698 KYD 4,672

$1,139 UYU 45.8K

400.47%

3-bedroom Apartment, Outside City Center (Monthly)

$4,775 KYD 3,915

$1,016 UYU 40.8K

370.11%

Buy Apartment in City Center (m2)

$8,919 KYD 7,314

$3,349 UYU 134.6K

166.35%

Buy Apartment Outside City Center (m2)

$2,270 KYD 1,861

$1,942 UYU 78.1K

16.89%

Average Monthly Net Salary (After Tax)

$7,223 KYD 5,923

$1,229 UYU 49.4K

487.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

39.37%

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

Last update for George Town: October 5, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure

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

Accommodation & Living

George Town

$2.5K 50.3%

Montevideo

$575 32.3% 76.8% $1.9K

Groceries & Markets

George Town

$727 14.8%

Montevideo

$332 18.7% 54.3% $395

Monthly Utilities & Internet

George Town

$682 13.8%

Montevideo

$255 14.3% 62.6% $427

Eating Out

George Town

$460 9.3%

Montevideo

$271 15.2% 41% $188

Sport & Entertainment

George Town

$254 5.2%

Montevideo

$79 4.4% 69% $175

Clothing & Footwear

George Town

$200 4.1%

Montevideo

$186 10.4% 7% $14

Getting Around

George Town

$127 2.6%

Montevideo

$84 4.7% 34.3% $44

Cost Breakdown

A one-bedroom apartment in the center runs $2,861 in George Town and $705 in Montevideo. Housing cost is often the main lever when comparing two cities.

George Town pays 488% 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: $116 in George Town vs $67.0 in Montevideo for a mid-range dinner for two. Groceries echo the gap at $727 vs $332 per month, with Montevideo cheaper across the board.

Good to know

🇰🇾 George Town

🇺🇾 Montevideo

🕒 Local time

05:36 5:36 AM

07:36 7:36 AM

2 h ahead of George Town

🌤 Weather

👥 Population

28,089 Capital

1,319,108 Capital

💱 Currency

Cayman Islands Dollar KYD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 KYD = 1.22 USD

1 KYD = 1.09 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to KYD – Cayman Islands Dollar Converter

🇺🇸 United States Dollar ($)

🇰🇾 Cayman Islands Dollar ($)

Cayman Islands Dollar exchange rates as of October 10, 2026: 1 USD = 0.82 KYD (1 KYD = 1.22 USD). 1 EUR = 0.919 KYD (1 KYD = 1.09 EUR).

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.06 UYU (100 UYU = 2.22 EUR).

USD to KYD in detail →

On the map

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Highest

Between locations

George Town Montevideo 6,590 km ≈ 9 h nonstop flight

From you

George Town
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

George Town vs Montevideo: Cost of Living - Frequently Asked Questions

George Town and Montevideo differ by about 168% in total monthly costs ($4,862 vs $1,813 including rent). Montevideo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 488% higher in George Town, 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: $2,861 in George Town versus $705 in Montevideo. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $4,862 per month in George Town versus $1,813 in Montevideo – a 168% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Montevideo runs roughly 8% less than in George Town. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,813 in Montevideo versus $4,862 in George Town, a $2,500 budget is realistic in Montevideo but tight or insufficient in George Town. The gap between the two cities makes Montevideo 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, George Town 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 Montevideo gentler on the wallet – expenses run 168% less than in George Town. Beyond cost, consider language, visa policies, and how big the international community is in each city.