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: $1,667 in Montevideo versus $2,345 in Cochrane.

Estimated couple costs with rent: $2,511 in Montevideo versus $3,130 in Cochrane.

Monthly costs for a family of three with rent: $3,354 in Montevideo versus $3,914 in Cochrane.

Living in Montevideo costs roughly 29% less than in Cochrane, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Montevideo 25% above, Cochrane 76% above.

Meal at Budget Restaurant

$16.30 UYU 656

$18.45 CA$25.87

-11.65%

Three-Course Dinner for Two, Mid-Range

$55.4 UYU 2,228

$66.1 CA$92.7

-16.26%

Fast Food Meal (McDonalds, etc)

$12.19 UYU 490

$10.33 CA$14.48

18.01%

Cappuccino

$4.26 UYU 171

$3.69 CA$5.17

15.45%

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

$2.19 UYU 88.1

$2.10 CA$2.95

4.29%

Water (0.33 liter bottle)

$1.71 UYU 68.8

$1.79 CA$2.51

-4.47%

Local Beer (0.5 liter draught)

$4.47 UYU 180

$5.97 CA$8.37

-25.13%

Imported Beer (0.33 liter bottle)

$3.70 UYU 149

$5.84 CA$8.18

-36.64%

Milk (1 liter)

$1.25 UYU 50.4

$2.00 CA$2.80

-37.50%

White Bread (500g)

$2.91 UYU 117

$2.44 CA$3.42

19.26%

Rice (white) (1kg)

$1.63 UYU 65.7

$3.09 CA$4.33

-47.25%

Eggs

$4.96 UYU 199

$3.22 CA$4.51

54.04%

Local Cheese (1kg)

$13.31 UYU 535

$9.13 CA$12.80

45.78%

Chicken Fillets (1kg)

$10.83 UYU 436

$8.90 CA$12.48

21.69%

Beef Round Steak (1kg)

$10.96 UYU 441

$8.74 CA$12.25

25.40%

Apples (1kg)

$3.08 UYU 124

$4.76 CA$6.68

-35.29%

Banana (1kg)

$2.36 UYU 94.9

$1.32 CA$1.84

78.79%

Oranges (1kg)

$1.50 UYU 60.4

$3.95 CA$5.54

-62.03%

Tomato (1kg)

$3.58 UYU 144

$1.45 CA$2.03

146.90%

Potato (1kg)

$2.08 UYU 83.6

$1.50 CA$2.10

38.67%

Onion (1kg)

$1.94 UYU 78.1

$2.15 CA$3.01

-9.77%

Lettuce (1 head)

$1.31 UYU 52.7

$2.76 CA$3.86

-52.54%

Water (1.5 liter bottle)

$1.73 UYU 69.4

$1.94 CA$2.72

-10.82%

Cigarettes 20 Pack (Marlboro, Camel)

$5.23 UYU 210

$14.55 CA$20.40

-64.05%

Wine (Bottle)

$8.76 UYU 353

$8.57 CA$12.01

2.22%

Local Beer (0.5 liter bottle)

$2.33 UYU 93.9

$3.09 CA$4.33

-24.60%

Imported Beer (0.33 liter bottle)

$2.90 UYU 117

$3.24 CA$4.55

-10.49%

One-way Ticket (Public Transport)

$1.30 UYU 52.1

$3.66 CA$5.13

-64.48%

Public Transport Monthly Pass (Regular Price)

$56.3 UYU 2,265

$62.8 CA$88.0

-10.28%

Taxi Start (Normal Tariff)

$1.54 UYU 62.1

$3.25 CA$4.56

-52.62%

Taxi (Normal Tariff) (1km)

$3.63 UYU 146

$1.65 CA$2.31

120.00%

Taxi 1hour Waiting (Normal Tariff)

$12.37 UYU 498

$23.07 CA$32.35

-46.38%

Gasoline (1 liter)

$1.83 UYU 73.5

$1.07 CA$1.50

71.03%

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

$33.7K UYU 1.4M

$25.2K CA$35.4K

33.44%

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

$35.9K UYU 1.4M

$22.2K CA$31.2K

61.22%

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

$175 UYU 7,032

$205 CA$287

-14.69%

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

$16.95 UYU 682

$44.64 CA$62.6

-62.03%

Internet (50+ Mbps, Unlimited Data)

$48.42 UYU 1,948

$66.1 CA$92.6

-26.73%

Gym Membership (Monthly)

$61.7 UYU 2,480

$48.55 CA$68.1

26.98%

Tennis Court (1 Hour on Weekend)

$17.76 UYU 715

Cinema Ticket

$10.42 UYU 419

$13.38 CA$18.76

-22.12%

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

$489 UYU 19.7K

$702 CA$984

-30.32%

International Primary School, 1 Child (Yearly)

$8,967 UYU 360.7K

$11.5K CA$16.2K

-22.35%

Jeans (Levis 501 Or Similar)

$95.6 UYU 3,847

$49.03 CA$68.7

95.06%

Summer Dress (H&M, Zara, etc)

$47.66 UYU 1,917

$42.25 CA$59.2

12.80%

Sport Shoes (Adidas, Nike)

$115 UYU 4,608

$84.5 CA$118

35.61%

Men's Leather Business Shoes

$121 UYU 4,858

$103 CA$144

17.46%

1-bedroom Apartment, City Center (Monthly)

$611 UYU 24.6K

$1,249 CA$1,752

-51.13%

1-bedroom Apartment, Outside City Center (Monthly)

$488 UYU 19.6K

$1,160 CA$1,626

-57.98%

3-bedroom Apartment, City Center (Monthly)

$1,107 UYU 44.5K

$1,872 CA$2,624

-40.86%

3-bedroom Apartment, Outside City Center (Monthly)

$818 UYU 32.9K

$1,379 CA$1,933

-40.70%

Buy Apartment in City Center (m2)

$3,598 UYU 144.7K

$22.3K CA$31.2K

-83.84%

Buy Apartment Outside City Center (m2)

$2,274 UYU 91.5K

Average Monthly Net Salary (After Tax)

$1,332 UYU 53.6K

$4,055 CA$5,686

-67.15%

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: July 13, 2026

Last update for Cochrane: July 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $611 in Montevideo and $1,249 in Cochrane. Housing cost is often the main lever when comparing two cities.

Cochrane pays 204% 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 $66.0 in Cochrane. Groceries flip the comparison at $319 vs $305, 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 41% 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, salaries run 204% lower in Cochrane. 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: $611 in Montevideo versus $1,249 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 $66.0 in Cochrane. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,667 per month in Montevideo versus $2,345 in Cochrane – a 41% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,667 in Montevideo versus $2,345 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 $1,667 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 41% less than in Cochrane. Beyond cost, consider language, visa policies, and how big the international community is in each city.