Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Freeport

For one person, living is cheaper in Montevideo: $1,813 a month against $2,642 in Freeport, rent and utilities included – about $9,900 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
130

Cost of Living Index in Freeport
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Freeport Living Index

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Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Freeport

🇧🇸 Bahamas

$2,642

/mo nomad

Monthly Cost of Living

How much you'll spend in Montevideo and in Freeport

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

Monthly costs for one person with rent: $1,813 in Montevideo versus $2,642 in Freeport.

Montevideo $1,813
Freeport $2,642

Estimated couple costs with rent: $2,782 in Montevideo versus $4,318 in Freeport.

Montevideo $2,782
Freeport $4,318

Monthly costs for a family of three with rent: $3,750 in Montevideo versus $5,994 in Freeport.

Montevideo $3,750
Freeport $5,994

Living in Montevideo costs roughly 31% less than in Freeport, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Montevideo 35% above, Freeport 97% above.

Meal at Budget Restaurant

$15.26 UYU 613

$47.39 BSD 47.39

-67.80%

Three-Course Dinner for Two, Mid-Range

$67.4 UYU 2,711

$101 BSD 101

-33.05%

Fast Food Meal (McDonalds, etc)

$14.37 UYU 578

$12.49 BSD 12.49

15.05%

Cappuccino

$4.64 UYU 187

$6.53 BSD 6.53

-28.94%

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

$2.73 UYU 110

$3.09 BSD 3.09

-11.65%

Water (0.33 liter bottle)

$2.09 UYU 84.0

$2.81 BSD 2.81

-25.62%

Local Beer (0.5 liter draught)

$4.75 UYU 191

$4.74 BSD 4.74

0.21%

Imported Beer (0.33 liter bottle)

$3.67 UYU 147

$7.16 BSD 7.16

-48.74%

Milk (1 liter)

$1.38 UYU 55.5

$2.38 BSD 2.38

-42.02%

White Bread (500g)

$2.77 UYU 112

$5.47 BSD 5.47

-49.36%

Rice (white) (1kg)

$1.69 UYU 67.8

$8.63 BSD 8.63

-80.42%

Eggs

$4.52 UYU 182

$8.82 BSD 8.82

-48.75%

Local Cheese (1kg)

$14.17 UYU 570

$16.83 BSD 16.83

-15.81%

Chicken Fillets (1kg)

$12.07 UYU 485

$6.94 BSD 6.94

73.92%

Beef Round Steak (1kg)

$12.16 UYU 489

$14.10 BSD 14.10

-13.76%

Apples (1kg)

$2.87 UYU 116

$10.02 BSD 10.02

-71.36%

Banana (1kg)

$2.75 UYU 110

$4.08 BSD 4.08

-32.60%

Oranges (1kg)

$1.73 UYU 69.5

$9.91 BSD 9.91

-82.54%

Tomato (1kg)

$3.24 UYU 130

$12.72 BSD 12.72

-74.53%

Potato (1kg)

$2.07 UYU 83.1

$4.43 BSD 4.43

-53.27%

Onion (1kg)

$2.07 UYU 83.1

$2.63 BSD 2.63

-21.29%

Lettuce (1 head)

$1.38 UYU 55.4

$4.33 BSD 4.33

-68.13%

Water (1.5 liter bottle)

$1.85 UYU 74.5

$3.20 BSD 3.20

-42.19%

Cigarettes 20 Pack (Marlboro, Camel)

$5.57 UYU 224

$15.05 BSD 15.05

-62.99%

Wine (Bottle)

$8.89 UYU 357

$19.64 BSD 19.64

-54.74%

Local Beer (0.5 liter bottle)

$2.29 UYU 92.2

Imported Beer (0.33 liter bottle)

$2.70 UYU 109

$4.60 BSD 4.60

-41.30%

One-way Ticket (Public Transport)

$1.52 UYU 61.3

$1.85 BSD 1.85

-17.84%

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

Taxi Start (Normal Tariff)

$1.82 UYU 73.4

$2.98 BSD 2.98

-38.93%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.05

$3.05 BSD 3.05

-86.89%

Taxi 1hour Waiting (Normal Tariff)

$10.66 UYU 429

$98.8 BSD 98.8

-89.21%

Gasoline (1 liter)

$2.22 UYU 89.2

$1.68 BSD 1.68

32.14%

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

$26.7K UYU 1.1M

$37.5K BSD 37.5K

-28.73%

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

$36.7K UYU 1.5M

$34.8K BSD 34.8K

5.70%

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

$191 UYU 7,674

$278 BSD 278

-31.33%

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

$20.40 UYU 820

$63.7 BSD 63.7

-67.99%

Internet (50+ Mbps, Unlimited Data)

$44.14 UYU 1,775

$66.2 BSD 66.2

-33.30%

Gym Membership (Monthly)

$54.1 UYU 2,177

$56.4 BSD 56.4

-4.04%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

$54.6 BSD 54.6

-63.92%

Cinema Ticket

$12.33 UYU 496

$18.08 BSD 18.08

-31.80%

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

$613 UYU 24.7K

$575 BSD 575

6.64%

International Primary School, 1 Child (Yearly)

$11.0K UYU 444.3K

$8,515 BSD 8,515

29.77%

Jeans (Levis 501 Or Similar)

$103 UYU 4,134

$47.85 BSD 47.85

114.86%

Summer Dress (H&M, Zara, etc)

$56.1 UYU 2,255

Sport Shoes (Adidas, Nike)

$124 UYU 5,000

$92.6 BSD 92.6

34.27%

Men's Leather Business Shoes

$130 UYU 5,214

$69.7 BSD 69.7

86.19%

1-bedroom Apartment, City Center (Monthly)

$705 UYU 28.4K

$984 BSD 984

-28.32%

1-bedroom Apartment, Outside City Center (Monthly)

$575 UYU 23.1K

$930 BSD 930

-38.11%

3-bedroom Apartment, City Center (Monthly)

$1,139 UYU 45.8K

$2,210 BSD 2,210

-48.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 UYU 40.8K

$1,974 BSD 1,974

-48.55%

Buy Apartment in City Center (m2)

$3,349 UYU 134.6K

$4,289 BSD 4,289

-21.93%

Buy Apartment Outside City Center (m2)

$1,942 UYU 78.1K

$3,253 BSD 3,253

-40.30%

Average Monthly Net Salary (After Tax)

$1,229 UYU 49.4K

$1,573 BSD 1,573

-21.85%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

12.72

-54.87%

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

Last update for Montevideo: October 5, 2026

Last update for Freeport: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$575 32.3%

Freeport

$930 34.7% 61.6% $354

Groceries & Markets

Montevideo

$332 18.7%

Freeport

$576 * 21.5% 73.4% $244

Eating Out

Montevideo

$271 15.2%

Freeport

$557 20.7% 105% $285

Monthly Utilities & Internet

Montevideo

$255 14.3%

Freeport

$408 15.2% 59.7% $152

Clothing & Footwear

Montevideo

$186 10.4%

Freeport

$95 * 3.5% 49.1% $91

Getting Around

Montevideo

$84 4.7%

Freeport

$26 * 1% 69.4% $58

Sport & Entertainment

Montevideo

$79 4.4%

Freeport

$93 3.5% 17.5% $14

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 $705 in Montevideo and $984 in Freeport. Housing cost is often the main lever when comparing two cities.

Freeport pays 28% 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: $67.0 in Montevideo vs $101 in Freeport for a mid-range dinner for two. Groceries echo the gap at $332 vs $576 per month, with Montevideo cheaper across the board.

Good to know

🇺🇾 Montevideo

🇧🇸 Freeport

🕒 Local time

05:33 5:33 AM

04:33 4:33 AM

1 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

45,945

💱 Currency

Uruguayan Peso UYU $U

Bahamian Dollar BSD $

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1 BSD = 1 USD

1 BSD = 0.892 EUR

Exchange rates and currency converter

BSD, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.1 UYU (100 UYU = 2.22 EUR).

Bahamian Dollar exchange rates as of October 10, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.892 EUR).

USD to UYU in detail →

On the map

Lowest

Highest

Between locations

Montevideo Freeport 7,230 km ≈ 10 h nonstop flight

From you

Montevideo
Freeport

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 Freeport: Cost of Living - Frequently Asked Questions

Montevideo and Freeport differ by about 46% in total monthly costs ($1,813 vs $2,642 including rent). Montevideo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 28% lower in Freeport. 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: $705 in Montevideo versus $984 in Freeport. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $613 in Montevideo versus $575 in Freeport. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Montevideo – a meal for two runs $67.0 versus $101 in Freeport. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,813 in Montevideo versus $2,642 in Freeport, a $2,500 budget is realistic in Montevideo but tight or insufficient in Freeport. The gap between the two cities makes Montevideo 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 Freeport 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 46% less than in Freeport. Beyond cost, consider language, visa policies, and how big the international community is in each city.