Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Elliot Lake, ON

For one person, living is cheaper in Montevideo: $1,784 a month against $2,324 in Elliot Lake, ON, rent and utilities included – about $6,500 less a year. Higher rent and utilities in Elliot Lake, ON outweigh lower spending on other living expenses.

Montevideo
🇺🇾 Uruguay
$1,784
/mo nomad
Elliot Lake, ON
🇨🇦 Canada
$2,324
/mo nomad
Monthly Cost of Living

How much you'll spend in Montevideo and in Elliot Lake, ON

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 Elliot Lake, ON actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,784 in Montevideo versus $2,324 in Elliot Lake, ON.

  • Montevideo $1,784
  • Elliot Lake, ON $2,324

Estimated couple costs with rent: $2,756 in Montevideo versus $3,241 in Elliot Lake, ON.

  • Montevideo $2,756
  • Elliot Lake, ON $3,241

Monthly costs for a family of three with rent: $3,728 in Montevideo versus $4,158 in Elliot Lake, ON.

  • Montevideo $3,728
  • Elliot Lake, ON $4,158

Living in Montevideo costs roughly 23% less than in Elliot Lake, ON, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Montevideo 32% above, Elliot Lake, ON 72% above.

Currency
🍽 Eating Out
Montevideo
Elliot Lake, ON
Difference
Meal at Budget Restaurant
$14.82 UYU 595
$17.76 CA$25.11
-16.55%
Three-Course Dinner for Two, Mid-Range
$69.7 UYU 2,797
$64.8 CA$91.7
7.50%
Fast Food Meal (McDonalds, etc)
$14.68 UYU 589
$10.57 CA$14.94
38.88%
Cappuccino
$4.65 UYU 186
$3.70 CA$5.23
25.68%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.74 UYU 110
$1.98 CA$2.80
38.38%
Water (0.33 liter bottle)
$2.07 UYU 82.9
$1.62 CA$2.29
27.78%
Local Beer (0.5 liter draught)
$4.79 UYU 192
$5.21 CA$7.36
-8.06%
Imported Beer (0.33 liter bottle)
$3.63 UYU 146
$5.65 CA$7.98
-35.75%
🛒 Groceries & Markets
Montevideo
Elliot Lake, ON
Difference
Milk (1 liter)
$1.39 UYU 55.8
$2.30 CA$3.25
-39.57%
White Bread (500g)
$2.89 UYU 116
$2.55 CA$3.60
13.33%
Rice (white) (1kg)
$1.70 UYU 68.1
$3.04 CA$4.30
-44.08%
Eggs
$4.62 UYU 185
$3.17 CA$4.48
45.74%
Local Cheese (1kg)
$14.22 UYU 571
$10.28 CA$14.53
38.33%
Chicken Fillets (1kg)
$11.62 UYU 466
$12.93 CA$18.28
-10.13%
Beef Round Steak (1kg)
$12.23 UYU 491
$16.33 CA$23.08
-25.11%
Apples (1kg)
$2.77 UYU 111
$3.87 CA$5.47
-28.42%
Banana (1kg)
$2.85 UYU 114
$1.26 CA$1.78
126.19%
Oranges (1kg)
$1.81 UYU 72.5
$3.51 CA$4.97
-48.43%
Tomato (1kg)
$3.20 UYU 129
$3.92 CA$5.54
-18.37%
Potato (1kg)
$1.94 UYU 77.8
$2.73 CA$3.86
-28.94%
Onion (1kg)
$2.16 UYU 86.5
$1.99 CA$2.81
8.54%
Lettuce (1 head)
$1.43 UYU 57.3
$2.43 CA$3.43
-41.15%
Water (1.5 liter bottle)
$1.94 UYU 77.9
$1.79 CA$2.53
8.38%
Cigarettes 20 Pack (Marlboro, Camel)
$5.47 UYU 219
$14.18 CA$20.04
-61.42%
Wine (Bottle)
$8.95 UYU 359
$12.80 CA$18.10
-30.08%
Local Beer (0.5 liter bottle)
$2.26 UYU 90.8
$2.42 CA$3.42
-6.61%
Imported Beer (0.33 liter bottle)
$2.81 UYU 113
$2.91 CA$4.12
-3.44%
🚌 Getting Around
Montevideo
Elliot Lake, ON
Difference
One-way Ticket (Public Transport)
$1.56 UYU 62.6
$2.25 CA$3.18
-30.67%
Public Transport Monthly Pass (Regular Price)
$73.8 UYU 2,962
$64.7 CA$91.4
14.15%
Taxi Start (Normal Tariff)
$1.90 UYU 76.2
$2.95 CA$4.17
-35.59%
Taxi (Normal Tariff) (1km)
$0.43 UYU 17.36
$1.40 CA$1.98
-69.29%
Taxi 1hour Waiting (Normal Tariff)
$10.59 UYU 425
$23.73 CA$33.55
-55.37%
Gasoline (1 liter)
$2.12 UYU 85.2
$1.07 CA$1.52
98.13%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.8K UYU 1.1M
$25.8K CA$36.4K
3.92%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$37.0K UYU 1.5M
$23.2K CA$32.8K
59.30%
🧾 Monthly Utilities & Internet
Montevideo
Elliot Lake, ON
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$193 UYU 7,727
$150 CA$212
28.12%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.91 UYU 839
$32.88 CA$46.48
-36.41%
Internet (50+ Mbps, Unlimited Data)
$44.89 UYU 1,802
$55.6 CA$78.6
-19.23%
🎉 Sport & Entertainment
Montevideo
Elliot Lake, ON
Difference
Gym Membership (Monthly)
$50.8 UYU 2,038
$44.30 CA$62.6
14.60%
Tennis Court (1 Hour on Weekend)
$19.73 UYU 792
$20.25 CA$28.63
-2.57%
Cinema Ticket
$12.30 UYU 494
$10.01 CA$14.15
22.88%
🧸 Childcare & Education
Montevideo
Elliot Lake, ON
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$629 UYU 25.2K
$628 CA$887
0.17%
International Primary School, 1 Child (Yearly)
$10.9K UYU 437.3K
$11.6K CA$16.4K
-5.92%
👕👟 Clothing & Footwear
Montevideo
Elliot Lake, ON
Difference
Jeans (Levis 501 Or Similar)
$104 UYU 4,166
$56.7 CA$80.2
83.02%
Summer Dress (H&M, Zara, etc)
$57.4 UYU 2,305
$40.46 CA$57.2
41.97%
Sport Shoes (Adidas, Nike)
$125 UYU 5,010
$92.9 CA$131
34.43%
Men's Leather Business Shoes
$132 UYU 5,315
$107 CA$151
23.73%
🏠 Accommodation & Living
Montevideo
Elliot Lake, ON
Difference
1-bedroom Apartment, City Center (Monthly)
$713 UYU 28.6K
$1,394 CA$1,971
-48.84%
1-bedroom Apartment, Outside City Center (Monthly)
$575 UYU 23.1K
$1,169 CA$1,652
-50.77%
3-bedroom Apartment, City Center (Monthly)
$1,164 UYU 46.7K
$2,224 CA$3,145
-47.67%
3-bedroom Apartment, Outside City Center (Monthly)
$1,033 UYU 41.5K
$1,560 CA$2,206
-33.77%
Buy Apartment in City Center (m2)
$3,418 UYU 137.2K
$4,250 CA$6,009
-19.58%
Buy Apartment Outside City Center (m2)
$1,760 UYU 70.6K
$3,892 CA$5,502
-54.78%
💵 Salaries & Financials
Montevideo
Elliot Lake, ON
Difference
Average Monthly Net Salary (After Tax)
$1,244 UYU 49.9K
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
5.74
4.67
22.91%

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

Last update for Montevideo: October 19, 2026

Last update for Elliot Lake, ON: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Montevideo
$575
Elliot Lake, ON
$1.2K 103% $594
Groceries & Markets
Montevideo
$334
Elliot Lake, ON
$365 9.5% $32
Eating Out
Montevideo
$269
Elliot Lake, ON
$270 0.4% $1.1
Monthly Utilities & Internet
Montevideo
$258
Elliot Lake, ON
$239 7.6% $20
Clothing & Footwear
Montevideo
$188
Elliot Lake, ON
$134 29% $55
Getting Around
Montevideo
$84
Elliot Lake, ON
$84 0.6% $0.5
Sport & Entertainment
Montevideo
$75
Elliot Lake, ON
$64 14.7% $11

Cost Breakdown

A one-bedroom apartment in the center runs $713 in Montevideo and $1,394 in Elliot Lake, ON. Housing cost is often the main lever when comparing two cities.

Dining out: $70.0 in Montevideo vs $65.0 in Elliot Lake, ON. Groceries flip the comparison at $334 vs $365, with Montevideo cheaper for home cooking.

Good to know
🇺🇾 Montevideo
🇨🇦 Elliot Lake, ON
🕒 Local time
13:20 1:20 PM
12:20 12:20 PM
1 h behind Montevideo
🌤 Weather
👥 Population
1,319,108 Capital
10,741
💱 Currency
Exchange rates and currency converter

CAD, USD, EUR to UYU – Uruguayan Peso Converter

Uruguayan Peso exchange rates as of October 21, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

Canadian Dollar exchange rates as of October 21, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

On the map
Between locations
  • Montevideo Elliot Lake, ON 9,420 km ≈ 12 h nonstop flight
From you
  • Montevideo
  • Elliot Lake, ON

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 Elliot Lake, ON: Cost of Living - Frequently Asked Questions
Is Elliot Lake, ON cheaper than Montevideo?
Montevideo is cheaper overall, especially in groceries, eating out, and utilities. The 30% gap adds up to real monthly savings that compound significantly over time.
What income do you need for each city?
You'd need roughly $2,676 in Montevideo and $3,487 in Elliot Lake, ON to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.
What is the rent difference between Montevideo and Elliot Lake, ON?
Rent for a central apartment: $713 in Montevideo versus $1,394 in Elliot Lake, ON. Housing is usually the single largest factor when comparing overall living costs between the two.
What are total monthly expenses in Montevideo and in Elliot Lake, ON?
All in, you'll spend $1,784 per month in Montevideo versus $2,324 in Elliot Lake, ON – a 30% gap that adds up to real savings over time for anyone picking the cheaper option.
Which city has cheaper public transport?
A monthly transit pass in Montevideo runs roughly 14% less than in Elliot Lake, ON. Both cities have functional networks, but the price difference matters if you're watching your budget.
Is $2,500 a realistic budget for living in Montevideo or in Elliot Lake, ON?
At $1,784 in Montevideo versus $2,324 in Elliot Lake, ON, a $2,500 budget is realistic in Montevideo but tight or insufficient in Elliot Lake, ON. The gap between the two cities makes Montevideo the clear choice for anyone on this budget.
Is Montevideo or Elliot Lake, ON more family-friendly?
For families, Montevideo is more practical. Housing and childcare are both notably cheaper than in Elliot Lake, ON, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is safer, Montevideo or Elliot Lake, ON?
Safety-wise, Montevideo and Elliot Lake, ON are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is easier to live in as a foreigner?
Expats usually find Montevideo gentler on the wallet – expenses run 30% less than in Elliot Lake, ON. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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