Last update: Oct 2026

Cost of Living Comparison Between Miraflores and Montevideo

For one person, living is cheaper in Miraflores: $1,118 a month against $1,771 in Montevideo, rent and utilities included – about $7,800 less a year. Other living expenses account for most of the difference.

54

Cost of Living Index in Miraflores
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Miraflores Living Index
86

Cost of Living Index in Montevideo
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Montevideo Living Index

Jump to prices

Miraflores

🇵🇪 Peru

$1,118

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Monthly Cost of Living

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

A single person spends $1,118 per month in Miraflores vs $1,771 in Montevideo, rent included.

Miraflores $1,118
Montevideo $1,771

A couple spends around $1,239 per month in Miraflores vs $2,740 in Montevideo, rent included.

Miraflores $1,239
Montevideo $2,740

A family of three spends $1,360 per month in Miraflores vs $3,708 in Montevideo, rent included.

Miraflores $1,360
Montevideo $3,708

Miraflores is about 37% cheaper than Montevideo, and outside of rent the biggest gap is in eating out.

Miraflores sits 17% below the global median, while Montevideo is 31% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$4.29 PEN 14.74

$15.16 UYU 609

-71.70%

Three-Course Dinner for Two, Mid-Range

$35.43 PEN 122

$69.2 UYU 2,776

-48.76%

Fast Food Meal (McDonalds, etc)

$5.32 PEN 18.25

$14.65 UYU 588

-63.69%

Cappuccino

$3.27 PEN 11.23

$4.46 UYU 179

-26.68%

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

$1.11 PEN 3.80

$2.67 UYU 107

-58.43%

Water (0.33 liter bottle)

$0.65 PEN 2.24

$2.00 UYU 80.4

-67.50%

Local Beer (0.5 liter draught)

$2.57 PEN 8.83

$4.83 UYU 194

-46.79%

Imported Beer (0.33 liter bottle)

$4.47 PEN 15.36

$3.80 UYU 152

17.63%

Milk (1 liter)

$1.34 PEN 4.59

$1.36 UYU 54.8

-1.47%

White Bread (500g)

$1.17 PEN 4.03

$2.87 UYU 115

-59.23%

Rice (white) (1kg)

$1.30 PEN 4.48

$1.75 UYU 70.2

-25.71%

Eggs

$2.84 PEN 9.77

$4.68 UYU 188

-39.32%

Local Cheese (1kg)

$8.98 PEN 30.84

$13.88 UYU 557

-35.30%

Chicken Fillets (1kg)

$5.78 PEN 19.87

$11.98 UYU 481

-51.75%

Beef Round Steak (1kg)

$9.88 PEN 33.93

$11.97 UYU 480

-17.46%

Apples (1kg)

$2.07 PEN 7.10

$2.78 UYU 111

-25.54%

Banana (1kg)

$1.02 PEN 3.50

$2.74 UYU 110

-62.77%

Oranges (1kg)

$1.41 PEN 4.84

$1.77 UYU 71.2

-20.34%

Tomato (1kg)

$1.18 PEN 4.04

$3.24 UYU 130

-63.58%

Potato (1kg)

$0.88 PEN 3.02

$1.97 UYU 79.2

-55.33%

Onion (1kg)

$0.89 PEN 3.04

$2.07 UYU 83.1

-57.00%

Lettuce (1 head)

$0.83 PEN 2.84

$1.37 UYU 55.1

-39.42%

Water (1.5 liter bottle)

$0.61 PEN 2.09

$1.88 UYU 75.3

-67.55%

Cigarettes 20 Pack (Marlboro, Camel)

$5.67 PEN 19.48

$5.59 UYU 224

1.43%

Wine (Bottle)

$8.65 PEN 29.70

$8.78 UYU 352

-1.48%

Local Beer (0.5 liter bottle)

$1.78 PEN 6.11

$2.26 UYU 90.9

-21.24%

Imported Beer (0.33 liter bottle)

$2.86 PEN 9.84

$2.75 UYU 110

4.00%

One-way Ticket (Public Transport)

$0.30 PEN 1.04

$1.53 UYU 61.5

-80.39%

Public Transport Monthly Pass (Regular Price)

$74.3 UYU 2,980

Taxi Start (Normal Tariff)

$3.81 PEN 13.08

$1.91 UYU 76.7

99.48%

Taxi (Normal Tariff) (1km)

$2.05 PEN 7.03

$0.40 UYU 16.18

412.50%

Taxi 1hour Waiting (Normal Tariff)

$7.29 PEN 25.04

$10.33 UYU 415

-29.43%

Gasoline (1 liter)

$1.33 PEN 4.56

$2.13 UYU 85.6

-37.56%

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

$22.1K PEN 76.0K

$27.1K UYU 1.1M

-18.38%

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

$25.4K PEN 87.1K

$36.3K UYU 1.5M

-30.04%

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

$58.9 PEN 202

$188 UYU 7,557

-68.71%

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

$8.92 PEN 30.65

$20.54 UYU 824

-56.57%

Internet (50+ Mbps, Unlimited Data)

$27.50 PEN 94.5

$44.81 UYU 1,798

-38.63%

Gym Membership (Monthly)

$35.26 PEN 121

$54.0 UYU 2,166

-34.66%

Tennis Court (1 Hour on Weekend)

$19.75 UYU 793

Cinema Ticket

$7.28 PEN 24.99

$11.95 UYU 480

-39.08%

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

$175 PEN 603

$634 UYU 25.5K

-72.34%

International Primary School, 1 Child (Yearly)

$13.1K PEN 45.0K

$11.1K UYU 443.6K

18.44%

Jeans (Levis 501 Or Similar)

$53.0 PEN 182

$102 UYU 4,099

-48.11%

Summer Dress (H&M, Zara, etc)

$35.27 PEN 121

$57.5 UYU 2,309

-38.69%

Sport Shoes (Adidas, Nike)

$83.6 PEN 287

$127 UYU 5,079

-33.95%

Men's Leather Business Shoes

$79.9 PEN 274

$128 UYU 5,131

-37.49%

1-bedroom Apartment, City Center (Monthly)

$662 PEN 2,275

$719 UYU 28.8K

-7.86%

1-bedroom Apartment, Outside City Center (Monthly)

$524 PEN 1,800

$568 UYU 22.8K

-7.68%

3-bedroom Apartment, City Center (Monthly)

$1,596 PEN 5,481

$1,145 UYU 46.0K

39.38%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 UYU 41.1K

Buy Apartment in City Center (m2)

$2,507 PEN 8,609

$3,392 UYU 136.1K

-26.10%

Buy Apartment Outside City Center (m2)

$1,949 UYU 78.2K

Average Monthly Net Salary (After Tax)

$1,245 UYU 50.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

5.74

55.75%

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

Last update for Miraflores: October 11, 2026

Last update for Montevideo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Miraflores

$524 46.9%

Montevideo

$568 32.1% 8.3% $44

Groceries & Markets

Miraflores

$202 18.1%

Montevideo

$332 18.7% 64.1% $129

Eating Out

Miraflores

$118 10.6%

Montevideo

$269 15.2% 127% $151

Clothing & Footwear

Miraflores

$113 10.1%

Montevideo

$186 10.5% 64.5% $73

Monthly Utilities & Internet

Miraflores

$95 8.5%

Montevideo

$254 14.3% 166% $158

Sport & Entertainment

Miraflores

$50 4.5%

Montevideo

$78 4.4% 56.3% $28

Getting Around

Miraflores

$15 * 1.4%

Montevideo

$84 4.8% 452% $69

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $662 in Miraflores versus $719 in Montevideo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $35.00 in Miraflores versus $69.0 in Montevideo. Monthly groceries follow the same trend: $202 vs $332 – making Miraflores the more affordable choice for daily food spending.

Good to know

🇵🇪 Miraflores

🇺🇾 Montevideo

🕒 Local time

10:42 10:42 AM

12:42 12:42 PM

2 h ahead of Miraflores

🌤 Weather

👥 Population

99,337

1,319,108 Capital

💱 Currency

Peruvian Sol PEN S/

Uruguayan Peso UYU $U

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of October 17, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

Uruguayan Peso exchange rates as of October 17, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.13 UYU (100 UYU = 2.22 EUR).

USD to PEN in detail →

On the map

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Between locations

Miraflores Montevideo 3,290 km ≈ 4 h 30 min nonstop flight

From you

Miraflores
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

Miraflores vs Montevideo: Cost of Living - Frequently Asked Questions

Yes – Montevideo is pricier by about 58%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,678 per month in Miraflores and $2,656 in Montevideo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Miraflores, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $35.00 in Miraflores and $69.0 in Montevideo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 64% more in Montevideo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Miraflores, where all-in costs run around $1,118, than in Montevideo at $1,771. In Miraflores it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

Families tend to lean toward Miraflores – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Miraflores. If higher salaries, better infrastructure, or specific career opportunities are the priority, Montevideo makes more sense. Both are solid long-term options with distinct trade-offs.