Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Florencia

For one person, living is cheaper in Florencia: $1,285 a month against $1,771 in Montevideo, rent and utilities included – about $5,800 less a year. Other living expenses account for most of the difference.

86

Cost of Living Index in Montevideo
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Montevideo Living Index
63

Cost of Living Index in Florencia
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Florencia Living Index

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Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Florencia

🇨🇴 Colombia

$1,285

/mo nomad

Monthly Cost of Living

How much you'll spend in Montevideo and in Florencia

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 Florencia actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,771 in Montevideo versus $1,285 in Florencia.

Montevideo $1,771
Florencia $1,285

Estimated couple costs with rent: $2,740 in Montevideo versus $1,953 in Florencia.

Montevideo $2,740
Florencia $1,953

Monthly costs for a family of three with rent: $3,708 in Montevideo versus $2,622 in Florencia.

Montevideo $3,708
Florencia $2,622

Living in Montevideo is roughly 38% more expensive than in Florencia, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Montevideo is 31% above, Florencia is 5% below.

Meal at Budget Restaurant

$15.16 UYU 609

$7.35 COP 23.3K

106.26%

Three-Course Dinner for Two, Mid-Range

$69.2 UYU 2,776

$45.53 COP 144.3K

51.88%

Fast Food Meal (McDonalds, etc)

$14.65 UYU 588

$9.97 COP 31.6K

46.94%

Cappuccino

$4.46 UYU 179

$2.48 COP 7,869

79.84%

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

$2.67 UYU 107

$1.22 COP 3,884

118.85%

Water (0.33 liter bottle)

$2.00 UYU 80.4

$1.06 COP 3,371

88.68%

Local Beer (0.5 liter draught)

$4.83 UYU 194

$2.86 COP 9,067

68.88%

Imported Beer (0.33 liter bottle)

$3.80 UYU 152

$3.47 COP 11.0K

9.51%

Milk (1 liter)

$1.36 UYU 54.8

$1.68 COP 5,318

-19.05%

White Bread (500g)

$2.87 UYU 115

$2.16 COP 6,856

32.87%

Rice (white) (1kg)

$1.75 UYU 70.2

$1.67 COP 5,285

4.79%

Eggs

$4.68 UYU 188

$2.88 COP 9,118

62.50%

Local Cheese (1kg)

$13.88 UYU 557

$7.26 COP 23.0K

91.18%

Chicken Fillets (1kg)

$11.98 UYU 481

$8.36 COP 26.5K

43.30%

Beef Round Steak (1kg)

$11.97 UYU 480

$12.89 COP 40.9K

-7.14%

Apples (1kg)

$2.78 UYU 111

$3.25 COP 10.3K

-14.46%

Banana (1kg)

$2.74 UYU 110

$1.31 COP 4,147

109.16%

Oranges (1kg)

$1.77 UYU 71.2

$1.84 COP 5,821

-3.80%

Tomato (1kg)

$3.24 UYU 130

$1.55 COP 4,926

109.03%

Potato (1kg)

$1.97 UYU 79.2

$1.50 COP 4,742

31.33%

Onion (1kg)

$2.07 UYU 83.1

$1.61 COP 5,099

28.57%

Lettuce (1 head)

$1.37 UYU 55.1

$1.03 COP 3,270

33.01%

Water (1.5 liter bottle)

$1.88 UYU 75.3

$1.15 COP 3,650

63.48%

Cigarettes 20 Pack (Marlboro, Camel)

$5.59 UYU 224

$3.86 COP 12.2K

44.82%

Wine (Bottle)

$8.78 UYU 352

$14.50 COP 46.0K

-39.45%

Local Beer (0.5 liter bottle)

$2.26 UYU 90.9

$1.63 COP 5,182

38.65%

Imported Beer (0.33 liter bottle)

$2.75 UYU 110

$2.57 COP 8,145

7.00%

One-way Ticket (Public Transport)

$1.53 UYU 61.5

$1.00 COP 3,185

53.00%

Public Transport Monthly Pass (Regular Price)

$74.3 UYU 2,980

Taxi Start (Normal Tariff)

$1.91 UYU 76.7

$1.72 COP 5,459

11.05%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.18

$2.32 COP 7,357

-82.76%

Taxi 1hour Waiting (Normal Tariff)

$10.33 UYU 415

$7.56 COP 24.0K

36.64%

Gasoline (1 liter)

$2.13 UYU 85.6

$1.16 COP 3,692

83.62%

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

$27.1K UYU 1.1M

$28.2K COP 89.4M

-3.83%

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

$36.3K UYU 1.5M

$33.6K COP 106.6M

7.89%

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

$188 UYU 7,557

$113 COP 359.7K

65.98%

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

$20.54 UYU 824

$13.23 COP 42.0K

55.25%

Internet (50+ Mbps, Unlimited Data)

$44.81 UYU 1,798

$26.26 COP 83.3K

70.64%

Gym Membership (Monthly)

$54.0 UYU 2,166

$39.05 COP 123.8K

38.18%

Tennis Court (1 Hour on Weekend)

$19.75 UYU 793

Cinema Ticket

$11.95 UYU 480

$5.99 COP 19.0K

99.50%

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

$634 UYU 25.5K

$639 COP 2.0M

-0.72%

International Primary School, 1 Child (Yearly)

$11.1K UYU 443.6K

$8,649 COP 27.4M

27.79%

Jeans (Levis 501 Or Similar)

$102 UYU 4,099

$72.4 COP 229.6K

41.06%

Summer Dress (H&M, Zara, etc)

$57.5 UYU 2,309

$52.8 COP 167.5K

8.94%

Sport Shoes (Adidas, Nike)

$127 UYU 5,079

$134 COP 423.3K

-5.20%

Men's Leather Business Shoes

$128 UYU 5,131

$94.8 COP 300.5K

34.88%

1-bedroom Apartment, City Center (Monthly)

$719 UYU 28.8K

$678 COP 2.2M

5.98%

1-bedroom Apartment, Outside City Center (Monthly)

$568 UYU 22.8K

$490 COP 1.6M

15.93%

3-bedroom Apartment, City Center (Monthly)

$1,145 UYU 46.0K

$1,083 COP 3.4M

5.76%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 UYU 41.1K

$836 COP 2.6M

22.46%

Buy Apartment in City Center (m2)

$3,392 UYU 136.1K

$1,884 COP 6.0M

80.10%

Buy Apartment Outside City Center (m2)

$1,949 UYU 78.2K

$1,470 COP 4.7M

32.61%

Average Monthly Net Salary (After Tax)

$1,245 UYU 50.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

11.58

-50.43%

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

Last update for Montevideo: October 12, 2026

Last update for Florencia: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$568 32.1%

Florencia

$490 38.1% 13.7% $78

Groceries & Markets

Montevideo

$332 18.7%

Florencia

$266 20.7% 19.8% $66

Eating Out

Montevideo

$269 15.2%

Florencia

$149 11.6% 44.7% $120

Monthly Utilities & Internet

Montevideo

$254 14.3%

Florencia

$153 11.9% 39.7% $101

Clothing & Footwear

Montevideo

$186 10.5%

Florencia

$159 12.4% 14.6% $27

Getting Around

Montevideo

$84 4.8%

Florencia

$17 * 1.4% 79.4% $67

Sport & Entertainment

Montevideo

$78 4.4%

Florencia

$51 4% 34.5% $27

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

Cost Breakdown

A one-bedroom apartment in the center runs $719 in Montevideo and $678 in Florencia. Housing cost is often the main lever when comparing two cities.

Dining out: $69.0 in Montevideo vs $46.00 in Florencia for a mid-range dinner for two. Groceries echo the gap at $332 vs $266 per month, with Florencia cheaper across the board.

Good to know

🇺🇾 Montevideo

🇨🇴 Florencia

🕒 Local time

15:42 3:42 PM

13:42 1:42 PM

2 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

168,346

💱 Currency

Uruguayan Peso UYU $U

Colombian Peso COP $

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 19, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

Colombian Peso exchange rates as of October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to UYU in detail →

On the map

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Between locations

Montevideo Florencia 4,540 km ≈ 6 h nonstop flight

From you

Montevideo
Florencia

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 Florencia: Cost of Living - Frequently Asked Questions

Montevideo and Florencia differ by about 38% in total monthly costs ($1,771 vs $1,285 including rent). Florencia is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $2,656 in Montevideo and $1,928 in Florencia 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.

Rent for a central apartment: $719 in Montevideo versus $678 in Florencia. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $634 in Montevideo versus $639 in Florencia. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Florencia – a meal for two runs $46.00 versus $69.0 in Montevideo. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,285 in Florencia versus $1,771 in Montevideo, a $2,000 budget is realistic in Florencia but tight or insufficient in Montevideo. The gap between the two cities makes Florencia the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Montevideo and Florencia 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 Florencia gentler on the wallet – expenses run 38% less than in Montevideo. Beyond cost, consider language, visa policies, and how big the international community is in each city.