Cost of Living Comparison Between Montevideo and Cochrane Cost of Living Comparison Between Montevideo and Cochrane

Monthly Cost of Living

Monthly costs for one person with rent: $1,632 in Montevideo versus $2,351 in Cochrane.

Estimated couple costs with rent: $2,480 in Montevideo versus $3,160 in Cochrane.

Monthly costs for a family of three with rent: $3,329 in Montevideo versus $3,969 in Cochrane.

Living in Montevideo costs roughly 31% less than in Cochrane, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Montevideo 22% above, Cochrane 75% above.

Meal at Budget Restaurant

$15.85 UYU 639

$18.21 CA$25.22

-12.96%

Three-Course Dinner for Two, Mid-Range

$54.6 UYU 2,200

$67.5 CA$93.5

-19.20%

Fast Food Meal (McDonalds, etc)

$12.12 UYU 489

$10.21 CA$14.13

18.71%

Cappuccino

$4.23 UYU 170

$3.74 CA$5.18

13.10%

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

$2.19 UYU 88.2

$2.10 CA$2.91

4.29%

Water (0.33 liter bottle)

$1.69 UYU 68.3

$1.70 CA$2.36

-0.59%

Local Beer (0.5 liter draught)

$4.52 UYU 182

$5.75 CA$7.97

-21.39%

Imported Beer (0.33 liter bottle)

$3.60 UYU 145

$5.93 CA$8.22

-39.29%

Milk (1 liter)

$1.27 UYU 51.3

$2.08 CA$2.88

-38.94%

White Bread (500g)

$2.77 UYU 112

$2.33 CA$3.22

18.88%

Rice (white) (1kg)

$1.58 UYU 63.9

$3.14 CA$4.35

-49.68%

Eggs

$4.79 UYU 193

$3.22 CA$4.46

48.76%

Local Cheese (1kg)

$13.41 UYU 541

$9.00 CA$12.46

49.00%

Chicken Fillets (1kg)

$10.67 UYU 430

$8.70 CA$12.04

22.64%

Beef Round Steak (1kg)

$11.24 UYU 453

$8.83 CA$12.22

27.29%

Apples (1kg)

$3.00 UYU 121

$4.70 CA$6.50

-36.17%

Banana (1kg)

$2.43 UYU 98.1

$1.33 CA$1.84

82.71%

Oranges (1kg)

$1.54 UYU 62.3

$3.78 CA$5.23

-59.26%

Tomato (1kg)

$3.66 UYU 148

$1.51 CA$2.10

142.38%

Potato (1kg)

$2.11 UYU 84.9

$1.50 CA$2.08

40.67%

Onion (1kg)

$1.89 UYU 76.0

$2.18 CA$3.02

-13.30%

Lettuce (1 head)

$1.37 UYU 55.1

$2.62 CA$3.62

-47.71%

Water (1.5 liter bottle)

$1.71 UYU 69.0

$1.95 CA$2.70

-12.31%

Cigarettes 20 Pack (Marlboro, Camel)

$5.10 UYU 205

$14.71 CA$20.37

-65.33%

Wine (Bottle)

$10.05 UYU 405

$8.62 CA$11.93

16.59%

Local Beer (0.5 liter bottle)

$2.36 UYU 95.0

$3.08 CA$4.27

-23.38%

Imported Beer (0.33 liter bottle)

$2.92 UYU 118

$3.29 CA$4.55

-11.25%

One-way Ticket (Public Transport)

$1.29 UYU 52.1

$3.64 CA$5.05

-64.56%

Public Transport Monthly Pass (Regular Price)

$55.8 UYU 2,250

$62.7 CA$86.9

-11.03%

Taxi Start (Normal Tariff)

$1.60 UYU 64.3

$3.19 CA$4.42

-49.84%

Taxi (Normal Tariff) (1km)

$3.63 UYU 146

$1.65 CA$2.29

120.00%

Taxi 1hour Waiting (Normal Tariff)

$12.43 UYU 501

$23.60 CA$32.68

-47.33%

Gasoline (1 liter)

$1.81 UYU 73.1

$1.07 CA$1.48

69.16%

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

$34.5K UYU 1.4M

$25.4K CA$35.1K

36.04%

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

$36.0K UYU 1.4M

$22.6K CA$31.4K

58.77%

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

$170 UYU 6,872

$203 CA$282

-16.20%

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

$16.51 UYU 666

$44.75 CA$62.0

-63.11%

Internet (50+ Mbps, Unlimited Data)

$49.77 UYU 2,007

$64.9 CA$89.8

-23.25%

Gym Membership (Monthly)

$61.8 UYU 2,492

$48.65 CA$67.4

27.03%

Tennis Court (1 Hour on Weekend)

$17.67 UYU 712

Cinema Ticket

$10.45 UYU 421

$13.39 CA$18.54

-21.96%

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

$482 UYU 19.4K

$701 CA$971

-31.20%

International Primary School, 1 Child (Yearly)

$8,873 UYU 357.7K

$11.7K CA$16.1K

-23.86%

Jeans (Levis 501 Or Similar)

$94.9 UYU 3,825

$49.54 CA$68.6

91.52%

Summer Dress (H&M, Zara, etc)

$47.22 UYU 1,904

$42.27 CA$58.5

11.71%

Sport Shoes (Adidas, Nike)

$112 UYU 4,507

$82.7 CA$114

35.19%

Men's Leather Business Shoes

$123 UYU 4,970

$102 CA$141

21.06%

1-bedroom Apartment, City Center (Monthly)

$628 UYU 25.3K

$1,260 CA$1,744

-50.15%

1-bedroom Apartment, Outside City Center (Monthly)

$492 UYU 19.8K

$1,194 CA$1,653

-58.80%

3-bedroom Apartment, City Center (Monthly)

$1,112 UYU 44.8K

$1,875 CA$2,596

-40.68%

3-bedroom Apartment, Outside City Center (Monthly)

$801 UYU 32.3K

$1,403 CA$1,942

-42.92%

Buy Apartment in City Center (m2)

$3,582 UYU 144.4K

$23.6K CA$32.7K

-84.84%

Buy Apartment Outside City Center (m2)

$2,272 UYU 91.6K

Average Monthly Net Salary (After Tax)

$1,334 UYU 53.8K

$4,201 CA$5,817

-68.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.68

13.60%

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

Last update for Montevideo: May 31, 2026

Last update for Cochrane: June 2, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $628 in Montevideo and $1,260 in Cochrane. Housing cost is often the main lever when comparing two cities.

Cochrane pays 215% 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: $55.0 in Montevideo vs $68.0 in Cochrane. Groceries flip the comparison at $321 vs $303, with Cochrane cheaper for home cooking.

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 Cochrane: Cost of Living - Frequently Asked Questions

Montevideo wins on cost – living expenses run 44% lower than in Cochrane. Housing and daily spending are where you'll feel the difference most, making Montevideo the obvious pick if budget is a priority.

On paper, Cochrane earns 215% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $628 in Montevideo versus $1,260 in Cochrane. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Montevideo – a meal for two runs $55.0 versus $68.0 in Cochrane. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,632 per month in Montevideo versus $2,351 in Cochrane – a 44% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,632 in Montevideo versus $2,351 in Cochrane, a $2,500 budget is realistic in Montevideo but tight or insufficient in Cochrane. The gap between the two cities makes Montevideo the clear choice for anyone on this budget.

Both work as nomad bases, but Montevideo delivers better value – similar infrastructure at $1,632 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Montevideo hard to pass up.

Safety-wise, Montevideo and Cochrane 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 44% less than in Cochrane. Beyond cost, consider language, visa policies, and how big the international community is in each city.