Last update: Oct 2026

Cost of Living Comparison Between Grand Turk and Montevideo

For one person, living is cheaper in Grand Turk: $342 a month against $1,813 in Montevideo, rent and utilities included – about $17,700 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Montevideo
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Montevideo Living Index

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Grand Turk

🇹🇨 Turks and Caicos Islands

$342

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $342 in Grand Turk versus $1,813 in Montevideo.

Grand Turk $342
Montevideo $1,813

Estimated couple costs with rent: $527 in Grand Turk versus $2,782 in Montevideo.

Grand Turk $527
Montevideo $2,782

Monthly costs for a family of three with rent: $712 in Grand Turk versus $3,750 in Montevideo.

Grand Turk $712
Montevideo $3,750

Living in Grand Turk costs roughly 81% less than in Montevideo, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Grand Turk is 74% below, Montevideo is 35% above.

Meal at Budget Restaurant

$20.38 $20.38

$15.26 UYU 613

33.55%

Three-Course Dinner for Two, Mid-Range

$67.4 UYU 2,711

Fast Food Meal (McDonalds, etc)

$14.37 UYU 578

Cappuccino

$4.64 UYU 187

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

$2.73 UYU 110

Water (0.33 liter bottle)

$4.02 $4.02

$2.09 UYU 84.0

92.34%

Local Beer (0.5 liter draught)

$12.18 $12.18

$4.75 UYU 191

156.42%

Imported Beer (0.33 liter bottle)

$15.04 $15.04

$3.67 UYU 147

309.81%

Milk (1 liter)

$1.38 UYU 55.5

White Bread (500g)

$3.73 $3.73

$2.77 UYU 112

34.66%

Rice (white) (1kg)

$1.69 UYU 67.8

Eggs

$4.52 UYU 182

Local Cheese (1kg)

$14.17 UYU 570

Chicken Fillets (1kg)

$12.07 UYU 485

Beef Round Steak (1kg)

$12.16 UYU 489

Apples (1kg)

$2.87 UYU 116

Banana (1kg)

$2.75 UYU 110

Oranges (1kg)

$1.73 UYU 69.5

Tomato (1kg)

$6.50 $6.50

$3.24 UYU 130

100.62%

Potato (1kg)

$2.07 UYU 83.1

Onion (1kg)

$2.07 UYU 83.1

Lettuce (1 head)

$1.38 UYU 55.4

Water (1.5 liter bottle)

$1.85 UYU 74.5

Cigarettes 20 Pack (Marlboro, Camel)

$5.57 UYU 224

Wine (Bottle)

$8.89 UYU 357

Local Beer (0.5 liter bottle)

$2.29 UYU 92.2

Imported Beer (0.33 liter bottle)

$2.70 UYU 109

One-way Ticket (Public Transport)

$1.52 UYU 61.3

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

Taxi Start (Normal Tariff)

$1.82 UYU 73.4

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.05

Taxi 1hour Waiting (Normal Tariff)

$10.66 UYU 429

Gasoline (1 liter)

$2.02 $2.02

$2.22 UYU 89.2

-9.01%

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

$26.7K UYU 1.1M

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

$36.7K UYU 1.5M

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

$191 UYU 7,674

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

$20.40 UYU 820

Internet (50+ Mbps, Unlimited Data)

$44.14 UYU 1,775

Gym Membership (Monthly)

$54.1 UYU 2,177

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

Cinema Ticket

$12.33 UYU 496

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

$613 UYU 24.7K

International Primary School, 1 Child (Yearly)

$11.0K UYU 444.3K

Jeans (Levis 501 Or Similar)

$103 UYU 4,134

Summer Dress (H&M, Zara, etc)

$56.1 UYU 2,255

Sport Shoes (Adidas, Nike)

$124 UYU 5,000

Men's Leather Business Shoes

$130 UYU 5,214

1-bedroom Apartment, City Center (Monthly)

$705 UYU 28.4K

1-bedroom Apartment, Outside City Center (Monthly)

$575 UYU 23.1K

3-bedroom Apartment, City Center (Monthly)

$1,139 UYU 45.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 UYU 40.8K

Buy Apartment in City Center (m2)

$3,349 UYU 134.6K

Buy Apartment Outside City Center (m2)

$1,942 UYU 78.1K

Average Monthly Net Salary (After Tax)

$7,993 $7,993

$1,229 UYU 49.4K

550.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

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

Last update for Grand Turk: October 4, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Grand Turk

–

Montevideo

$575 32.3%

Groceries & Markets

Grand Turk

–

Montevideo

$332 18.7%

Eating Out

Grand Turk

–

Montevideo

$271 15.2%

Monthly Utilities & Internet

Grand Turk

–

Montevideo

$255 14.3%

Clothing & Footwear

Grand Turk

–

Montevideo

$186 10.4%

Getting Around

Grand Turk

–

Montevideo

$84 4.7%

Sport & Entertainment

Grand Turk

–

Montevideo

$79 4.4%

Cost Breakdown

Grand Turk pays 550% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Good to know

🇹🇨 Grand Turk

🇺🇾 Montevideo

🕒 Local time

06:37 6:37 AM

07:37 7:37 AM

1 h ahead of Grand Turk

🌤 Weather

👥 Population

3,720

1,319,108 Capital

💱 Currency

United States Dollar USD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 USD = 0.892 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, EUR to USD – United States Dollar Converter

🇺🇾 Uruguayan Peso ($U)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 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).

UYU to USD in detail →

On the map

Lowest

Highest

Between locations

Grand Turk Montevideo 6,460 km ≈ 9 h nonstop flight

From you

Grand Turk
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

Grand Turk vs Montevideo: Cost of Living - Frequently Asked Questions

Grand Turk and Montevideo differ by about 430% in total monthly costs ($342 vs $1,813 including rent). Grand Turk is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 550% higher in Grand Turk, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Supermarket bills run roughly 376% higher in Montevideo. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $342 per month in Grand Turk versus $1,813 in Montevideo – a 430% gap that adds up to real savings over time for anyone picking the cheaper option.

At $342 in Grand Turk versus $1,813 in Montevideo, a $2,000 budget is realistic in Grand Turk but tight or insufficient in Montevideo. The gap between the two cities makes Grand Turk 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, Grand Turk 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 Grand Turk gentler on the wallet – expenses run 430% less than in Montevideo. Beyond cost, consider language, visa policies, and how big the international community is in each city.