Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Cerro de Pasco

For one person, living is cheaper in Cerro de Pasco: $555 a month against $1,771 in Montevideo, rent and utilities included – about $14,600 less a year. Rent and utilities account for most of the difference.

86

Cost of Living Index in Montevideo
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Montevideo Living Index
27

Cost of Living Index in Cerro de Pasco
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Cerro de Pasco Living Index

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Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Cerro de Pasco

🇵🇪 Peru

$555

/mo nomad

Monthly Cost of Living

How much you'll spend in Montevideo and in Cerro de Pasco

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 Cerro de Pasco actually costs, broken down by who's living it.

A single person spends $1,771 per month in Montevideo vs $555 in Cerro de Pasco, rent included.

Montevideo $1,771
Cerro de Pasco $555

A couple spends around $2,740 per month in Montevideo vs $891 in Cerro de Pasco, rent included.

Montevideo $2,740
Cerro de Pasco $891

A family of three spends $3,708 per month in Montevideo vs $1,227 in Cerro de Pasco, rent included.

Montevideo $3,708
Cerro de Pasco $1,227

Montevideo costs about 219% more than Cerro de Pasco, and outside of rent the biggest gap is in eating out.

Montevideo sits 31% above the global median, while Cerro de Pasco is 59% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.16 UYU 609

$2.83 PEN 9.70

435.69%

Three-Course Dinner for Two, Mid-Range

$69.2 UYU 2,776

$29.34 PEN 101

135.69%

Fast Food Meal (McDonalds, etc)

$14.65 UYU 588

$6.74 PEN 23.16

117.36%

Cappuccino

$4.46 UYU 179

$2.05 PEN 7.03

117.56%

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

$2.67 UYU 107

$0.76 PEN 2.61

251.32%

Water (0.33 liter bottle)

$2.00 UYU 80.4

$0.45 PEN 1.55

344.44%

Local Beer (0.5 liter draught)

$4.83 UYU 194

$2.69 PEN 9.22

79.55%

Imported Beer (0.33 liter bottle)

$3.80 UYU 152

$4.44 PEN 15.27

-14.41%

Milk (1 liter)

$1.36 UYU 54.8

$1.52 PEN 5.23

-10.53%

White Bread (500g)

$2.87 UYU 115

$2.35 PEN 8.07

22.13%

Rice (white) (1kg)

$1.75 UYU 70.2

$1.26 PEN 4.34

38.89%

Eggs

$4.68 UYU 188

$2.47 PEN 8.47

89.47%

Local Cheese (1kg)

$13.88 UYU 557

$9.18 PEN 31.53

51.20%

Chicken Fillets (1kg)

$11.98 UYU 481

$6.04 PEN 20.74

98.34%

Beef Round Steak (1kg)

$11.97 UYU 480

$7.92 PEN 27.20

51.14%

Apples (1kg)

$2.78 UYU 111

$2.00 PEN 6.86

39.00%

Banana (1kg)

$2.74 UYU 110

$0.76 PEN 2.61

260.53%

Oranges (1kg)

$1.77 UYU 71.2

$0.43 PEN 1.46

311.63%

Tomato (1kg)

$3.24 UYU 130

$1.14 PEN 3.91

184.21%

Potato (1kg)

$1.97 UYU 79.2

$0.70 PEN 2.41

181.43%

Onion (1kg)

$2.07 UYU 83.1

$0.54 PEN 1.87

283.33%

Lettuce (1 head)

$1.37 UYU 55.1

$0.83 PEN 2.85

65.06%

Water (1.5 liter bottle)

$1.88 UYU 75.3

$0.84 PEN 2.88

123.81%

Cigarettes 20 Pack (Marlboro, Camel)

$5.59 UYU 224

$5.78 PEN 19.84

-3.29%

Wine (Bottle)

$8.78 UYU 352

$7.19 PEN 24.68

22.11%

Local Beer (0.5 liter bottle)

$2.26 UYU 90.9

$1.92 PEN 6.60

17.71%

Imported Beer (0.33 liter bottle)

$2.75 UYU 110

$2.65 PEN 9.11

3.77%

One-way Ticket (Public Transport)

$1.53 UYU 61.5

Public Transport Monthly Pass (Regular Price)

$74.3 UYU 2,980

Taxi Start (Normal Tariff)

$1.91 UYU 76.7

$3.98 PEN 13.68

-52.01%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.18

$1.99 PEN 6.84

-79.90%

Taxi 1hour Waiting (Normal Tariff)

$10.33 UYU 415

$7.46 PEN 25.62

38.47%

Gasoline (1 liter)

$2.13 UYU 85.6

$1.67 PEN 5.74

27.54%

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

$27.1K UYU 1.1M

$22.2K PEN 76.4K

21.84%

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

$36.3K UYU 1.5M

$26.2K PEN 89.9K

38.57%

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

$188 UYU 7,557

$72.8 PEN 250

158.55%

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

$20.54 UYU 824

$16.46 PEN 56.5

24.79%

Internet (50+ Mbps, Unlimited Data)

$44.81 UYU 1,798

$27.53 PEN 94.6

62.77%

Gym Membership (Monthly)

$54.0 UYU 2,166

Tennis Court (1 Hour on Weekend)

$19.75 UYU 793

Cinema Ticket

$11.95 UYU 480

$7.15 PEN 24.56

67.13%

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

$634 UYU 25.5K

$176 PEN 606

259.75%

International Primary School, 1 Child (Yearly)

$11.1K UYU 443.6K

$12.9K PEN 44.4K

-14.48%

Jeans (Levis 501 Or Similar)

$102 UYU 4,099

$53.3 PEN 183

91.69%

Summer Dress (H&M, Zara, etc)

$57.5 UYU 2,309

$35.36 PEN 121

62.70%

Sport Shoes (Adidas, Nike)

$127 UYU 5,079

$83.2 PEN 286

52.19%

Men's Leather Business Shoes

$128 UYU 5,131

$77.6 PEN 267

64.70%

1-bedroom Apartment, City Center (Monthly)

$719 UYU 28.8K

1-bedroom Apartment, Outside City Center (Monthly)

$568 UYU 22.8K

3-bedroom Apartment, City Center (Monthly)

$1,145 UYU 46.0K

$408 PEN 1,400

180.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 UYU 41.1K

Buy Apartment in City Center (m2)

$3,392 UYU 136.1K

Buy Apartment Outside City Center (m2)

$1,949 UYU 78.2K

Average Monthly Net Salary (After Tax)

$1,245 UYU 50.0K

$470 PEN 1,616

164.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

8.94

-35.79%

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

Last update for Montevideo: October 12, 2026

Last update for Cerro de Pasco: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$568 32.1%

Cerro de Pasco

- * 0% 100%

Groceries & Markets

Montevideo

$332 18.7%

Cerro de Pasco

$203 36.6% 38.8% $129

Eating Out

Montevideo

$269 15.2%

Cerro de Pasco

$95 17% 64.9% $175

Monthly Utilities & Internet

Montevideo

$254 14.3%

Cerro de Pasco

$117 21.1% 53.9% $137

Clothing & Footwear

Montevideo

$186 10.5%

Cerro de Pasco

$112 20.2% 39.8% $74

Getting Around

Montevideo

$84 4.8%

Cerro de Pasco

$14 * 2.5% 83.5% $70

Sport & Entertainment

Montevideo

$78 4.4%

Cerro de Pasco

$14 * 2.6% 81.6% $64

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

Cost Breakdown

Salaries run about 165% higher in Montevideo, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $69.0 in Montevideo versus $29.00 in Cerro de Pasco. Monthly groceries follow the same trend: $332 vs $203 – making Cerro de Pasco the more affordable choice for daily food spending.

Good to know

🇺🇾 Montevideo

🇵🇪 Cerro de Pasco

🕒 Local time

18:38 6:38 PM

16:38 4:38 PM

2 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

58,899

💱 Currency

Uruguayan Peso UYU $U

Peruvian Sol PEN S/

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 17, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

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).

USD to UYU in detail →

On the map

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Between locations

Montevideo Cerro de Pasco 3,370 km ≈ 4 h 45 min nonstop flight

From you

Montevideo
Cerro de Pasco

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 Cerro de Pasco: Cost of Living - Frequently Asked Questions

Yes – Montevideo is pricier by about 219%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,656 per month in Montevideo and $832 in Cerro de Pasco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $69.0 in Montevideo and $29.00 in Cerro de Pasco. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 63% 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 Cerro de Pasco, where all-in costs run around $555, than in Montevideo at $1,771. In Cerro de Pasco it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

Families tend to lean toward Cerro de Pasco – 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 Cerro de Pasco. 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.