Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Belmopan

For one person, living is cheaper in Belmopan: $1,089 a month against $1,813 in Montevideo, rent and utilities included – about $8,700 less a year. Rent and utilities account for about half of the difference.

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Cost of Living Index in Montevideo
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Montevideo Living Index

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Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Belmopan

🇧🇿 Belize

$1,089

/mo nomad

Monthly Cost of Living

How much you'll spend in Montevideo and in Belmopan

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Montevideo and in Belmopan actually costs, broken down by who's living it.

A single person spends $1,813 per month in Montevideo vs $1,089 in Belmopan, rent included.

Montevideo $1,813
Belmopan $1,089

A couple spends around $2,782 per month in Montevideo vs $1,567 in Belmopan, rent included.

Montevideo $2,782
Belmopan $1,567

A family of three spends $3,750 per month in Montevideo vs $2,046 in Belmopan, rent included.

Montevideo $3,750
Belmopan $2,046

Montevideo costs about 66% more than Belmopan, and outside of rent the biggest gap is in clothing.

Montevideo sits 35% above the global median, while Belmopan is 19% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.26 UYU 613

$7.38 BZD 14.77

106.78%

Three-Course Dinner for Two, Mid-Range

$67.4 UYU 2,711

$17.41 BZD 34.83

287.31%

Fast Food Meal (McDonalds, etc)

$14.37 UYU 578

$7.67 BZD 15.34

87.35%

Cappuccino

$4.64 UYU 187

$5.37 BZD 10.75

-13.59%

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

$2.73 UYU 110

$0.59 BZD 1.18

362.71%

Water (0.33 liter bottle)

$2.09 UYU 84.0

$0.49 BZD 0.97

326.53%

Local Beer (0.5 liter draught)

$4.75 UYU 191

$1.50 BZD 3.01

216.67%

Imported Beer (0.33 liter bottle)

$3.67 UYU 147

$2.18 BZD 4.36

68.35%

Milk (1 liter)

$1.38 UYU 55.5

$2.44 BZD 4.88

-43.44%

White Bread (500g)

$2.77 UYU 112

$1.69 BZD 3.38

63.91%

Rice (white) (1kg)

$1.69 UYU 67.8

$1.65 BZD 3.30

2.42%

Eggs

$4.52 UYU 182

$1.99 BZD 3.98

127.14%

Local Cheese (1kg)

$14.17 UYU 570

$8.57 BZD 17.13

65.34%

Chicken Fillets (1kg)

$12.07 UYU 485

$6.74 BZD 13.48

79.08%

Beef Round Steak (1kg)

$12.16 UYU 489

$11.98 BZD 23.96

1.50%

Apples (1kg)

$2.87 UYU 116

Banana (1kg)

$2.75 UYU 110

$1.08 BZD 2.16

154.63%

Oranges (1kg)

$1.73 UYU 69.5

$2.22 BZD 4.44

-22.07%

Tomato (1kg)

$3.24 UYU 130

$5.48 BZD 10.96

-40.88%

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

$17.22 BZD 34.44

-48.37%

Local Beer (0.5 liter bottle)

$2.29 UYU 92.2

$2.32 BZD 4.64

-1.29%

Imported Beer (0.33 liter bottle)

$2.70 UYU 109

$2.20 BZD 4.41

22.73%

One-way Ticket (Public Transport)

$1.52 UYU 61.3

$4.05 BZD 8.11

-62.47%

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

Taxi Start (Normal Tariff)

$1.82 UYU 73.4

$3.25 BZD 6.51

-44.00%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.05

$4.02 BZD 8.05

-90.05%

Taxi 1hour Waiting (Normal Tariff)

$10.66 UYU 429

Gasoline (1 liter)

$2.22 UYU 89.2

$1.85 BZD 3.69

20.00%

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

$148 BZD 297

28.70%

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

$20.40 UYU 820

$49.03 BZD 98.1

-58.39%

Internet (50+ Mbps, Unlimited Data)

$44.14 UYU 1,775

$38.57 BZD 77.2

14.44%

Gym Membership (Monthly)

$54.1 UYU 2,177

$44.24 BZD 88.5

22.38%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

Cinema Ticket

$12.33 UYU 496

$9.06 BZD 18.13

36.09%

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

$450 BZD 900

56.75%

1-bedroom Apartment, Outside City Center (Monthly)

$575 UYU 23.1K

$328 BZD 657

75.17%

3-bedroom Apartment, City Center (Monthly)

$1,139 UYU 45.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 UYU 40.8K

$550 BZD 1,099

84.80%

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)

$1,229 UYU 49.4K

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 Montevideo: October 5, 2026

Last update for Belmopan: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$575 32.3%

Belmopan

–

Groceries & Markets

Montevideo

$332 18.7%

Belmopan

–

Eating Out

Montevideo

$271 15.2%

Belmopan

–

Monthly Utilities & Internet

Montevideo

$255 14.3%

Belmopan

–

Clothing & Footwear

Montevideo

$186 10.4%

Belmopan

–

Getting Around

Montevideo

$84 4.7%

Belmopan

–

Sport & Entertainment

Montevideo

$79 4.4%

Belmopan

–

Cost Breakdown

A central one-bedroom costs $705 in Montevideo versus $450 in Belmopan. 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 $67.0 in Montevideo versus $17.00 in Belmopan. Monthly groceries follow the same trend: $332 vs $244 – making Belmopan the more affordable choice for daily food spending.

Good to know

🇺🇾 Montevideo

🇧🇿 Belmopan

🕒 Local time

01:56 1:56 AM

22:56 10:56 PM

3 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

14,000 Capital

💱 Currency

Uruguayan Peso UYU $U

Belize Dollar BZD $

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1 BZD = 0.5 USD

1 BZD = 0.446 EUR

Exchange rates and currency converter

BZD, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.1 UYU (100 UYU = 2.22 EUR).

Belize Dollar exchange rates as of October 10, 2026: 1 USD = 2 BZD (1 BZD = 0.5 USD). 1 EUR = 2.24 BZD (1 BZD = 0.446 EUR).

USD to UYU in detail →

On the map

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Between locations

Montevideo Belmopan 6,740 km ≈ 9 h nonstop flight

From you

Montevideo
Belmopan

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

Montevideo vs Belmopan: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,813 in Montevideo, $1,089 in Belmopan – roughly 66% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $2,720 per month in Montevideo and $1,634 in Belmopan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Belmopan, 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 $67.0 in Montevideo and $17.00 in Belmopan. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,813 in Montevideo and $1,089 in Belmopan. That's a gap of about 66%.

A $2,000 monthly budget goes further in Belmopan, where all-in costs run around $1,089, than in Montevideo at $1,813. In Belmopan it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

It depends on your priorities. Montevideo has an edge in some lifestyle areas, with costs from $1,089 in Belmopan to $1,813 in Montevideo. Climate, culture, job market, and personal taste all factor in.

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 Belmopan. 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.