Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Grenada

For one person, living is cheaper in Grenada: $1,408 a month against $1,813 in Montevideo, rent and utilities included – about $4,900 less a year. The total is higher in Montevideo despite lower rent and utilities.

Montevideo
🇺🇾 Uruguay
$1,813
/mo nomad
Grenada
🇬🇩 Grenada
$1,408
/mo nomad
Monthly Cost of Living

How much you'll spend in Montevideo and in Grenada

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

Monthly costs for one person with rent: $1,813 in Montevideo versus $1,408 in Grenada.

  • Montevideo $1,813
  • Grenada $1,408

Estimated couple costs with rent: $2,782 in Montevideo versus $2,005 in Grenada.

  • Montevideo $2,782
  • Grenada $2,005

Monthly costs for a family of three with rent: $3,750 in Montevideo versus $2,602 in Grenada.

  • Montevideo $3,750
  • Grenada $2,602

Living in Montevideo is roughly 29% more expensive than in Grenada, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Montevideo 35% above, Grenada 5% above.

Currency
🍽 Eating Out
Montevideo
Grenada
Difference
Meal at Budget Restaurant
$15.26 UYU 613
$11.86 EC$32.03
28.67%
Three-Course Dinner for Two, Mid-Range
$67.4 UYU 2,711
$45.06 EC$122
49.64%
Fast Food Meal (McDonalds, etc)
$14.37 UYU 578
$8.42 EC$22.75
70.67%
Cappuccino
$4.64 UYU 187
$2.75 EC$7.42
68.73%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.73 UYU 110
$2.03 EC$5.47
34.48%
Water (0.33 liter bottle)
$2.09 UYU 84.0
$1.52 EC$4.10
37.50%
Local Beer (0.5 liter draught)
$4.75 UYU 191
$1.81 EC$4.87
162.43%
Imported Beer (0.33 liter bottle)
$3.67 UYU 147
$3.73 EC$10.07
-1.61%
🛒 Groceries & Markets
Montevideo
Grenada
Difference
Milk (1 liter)
$1.38 UYU 55.5
$4.32 EC$11.65
-68.06%
White Bread (500g)
$2.77 UYU 112
$1.80 EC$4.87
53.89%
Rice (white) (1kg)
$1.69 UYU 67.8
$1.86 EC$5.01
-9.14%
Eggs
$4.52 UYU 182
$4.18 EC$11.28
8.13%
Local Cheese (1kg)
$14.17 UYU 570
-
-
Chicken Fillets (1kg)
$12.07 UYU 485
-
-
Beef Round Steak (1kg)
$12.16 UYU 489
$19.32 EC$52.2
-37.06%
Apples (1kg)
$2.87 UYU 116
-
-
Banana (1kg)
$2.75 UYU 110
-
-
Oranges (1kg)
$1.73 UYU 69.5
-
-
Tomato (1kg)
$3.24 UYU 130
-
-
Potato (1kg)
$2.07 UYU 83.1
$7.93 EC$21.42
-73.90%
Onion (1kg)
$2.07 UYU 83.1
-
-
Lettuce (1 head)
$1.38 UYU 55.4
$1.84 EC$4.97
-25.00%
Water (1.5 liter bottle)
$1.85 UYU 74.5
$3.66 EC$9.89
-49.45%
Cigarettes 20 Pack (Marlboro, Camel)
$5.57 UYU 224
$5.38 EC$14.54
3.53%
Wine (Bottle)
$8.89 UYU 357
$11.08 EC$29.93
-19.77%
Local Beer (0.5 liter bottle)
$2.29 UYU 92.2
$1.44 EC$3.88
59.03%
Imported Beer (0.33 liter bottle)
$2.70 UYU 109
$3.03 EC$8.19
-10.89%
🚌 Getting Around
Montevideo
Grenada
Difference
One-way Ticket (Public Transport)
$1.52 UYU 61.3
$1.52 EC$4.10
-
Public Transport Monthly Pass (Regular Price)
$73.7 UYU 2,962
$47.61 EC$129
54.72%
Taxi Start (Normal Tariff)
$1.82 UYU 73.4
$6.68 EC$18.04
-72.75%
Taxi (Normal Tariff) (1km)
$0.40 UYU 16.05
-
-
Taxi 1hour Waiting (Normal Tariff)
$10.66 UYU 429
$9.01 EC$24.33
18.31%
Gasoline (1 liter)
$2.22 UYU 89.2
$1.39 EC$3.76
59.71%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.7K UYU 1.1M
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.7K UYU 1.5M
$16.9K EC$45.6K
117.42%
🧾 Monthly Utilities & Internet
Montevideo
Grenada
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$191 UYU 7,674
$200 EC$539
-4.40%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.40 UYU 820
$44.37 EC$120
-54.02%
Internet (50+ Mbps, Unlimited Data)
$44.14 UYU 1,775
$48.32 EC$130
-8.65%
🎉 Sport & Entertainment
Montevideo
Grenada
Difference
Gym Membership (Monthly)
$54.1 UYU 2,177
$34.07 EC$92.0
58.91%
Tennis Court (1 Hour on Weekend)
$19.68 UYU 791
$17.14 EC$46.27
14.82%
Cinema Ticket
$12.33 UYU 496
$9.22 EC$24.90
33.73%
🧸 Childcare & Education
Montevideo
Grenada
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$613 UYU 24.7K
-
-
International Primary School, 1 Child (Yearly)
$11.0K UYU 444.3K
-
-
👕👟 Clothing & Footwear
Montevideo
Grenada
Difference
Jeans (Levis 501 Or Similar)
$103 UYU 4,134
-
-
Summer Dress (H&M, Zara, etc)
$56.1 UYU 2,255
-
-
Sport Shoes (Adidas, Nike)
$124 UYU 5,000
-
-
Men's Leather Business Shoes
$130 UYU 5,214
-
-
🏠 Accommodation & Living
Montevideo
Grenada
Difference
1-bedroom Apartment, City Center (Monthly)
$705 UYU 28.4K
$685 EC$1,849
2.97%
1-bedroom Apartment, Outside City Center (Monthly)
$575 UYU 23.1K
$549 EC$1,481
4.87%
3-bedroom Apartment, City Center (Monthly)
$1,139 UYU 45.8K
$1,159 EC$3,130
-1.77%
3-bedroom Apartment, Outside City Center (Monthly)
$1,016 UYU 40.8K
$913 EC$2,465
11.27%
Buy Apartment in City Center (m2)
$3,349 UYU 134.6K
-
-
Buy Apartment Outside City Center (m2)
$1,942 UYU 78.1K
-
-
💵 Salaries & Financials
Montevideo
Grenada
Difference
Average Monthly Net Salary (After Tax)
$1,229 UYU 49.4K
$438 EC$1,182
180.66%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.74
8
-28.25%

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

Last update for Montevideo: October 5, 2026

Last update for Grenada: October 3, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Montevideo
$575
Grenada
$549 4.6% $27
Groceries & Markets
Montevideo
$332
Grenada
$254 * 23.6% $79
Eating Out
Montevideo
$271
Grenada
$184 32.2% $87
Monthly Utilities & Internet
Montevideo
$255
Grenada
$292 14.5% $37
Clothing & Footwear
Montevideo
$186
Grenada
- * 100%
Getting Around
Montevideo
$84
Grenada
$60 * 27.7% $23
Sport & Entertainment
Montevideo
$79
Grenada
$53 33.4% $26

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 $685 in Grenada. Housing cost is often the main lever when comparing two cities.

Montevideo pays 181% 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 $45.00 in Grenada for a mid-range dinner for two. Groceries echo the gap at $332 vs $254 per month, with Grenada cheaper across the board.

Good to know
🇺🇾 Montevideo
🇬🇩 Grenada
🕒 Local time
05:14 5:14 AM
04:14 4:14 AM
1 h behind Montevideo
🌤 Weather
👥 Population
1,319,108 Capital
💱 Currency
Exchange rates and currency converter

XCD, USD, EUR to UYU – Uruguayan Peso Converter

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).

East Caribbean Dollar exchange rates as of October 10, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.03 XCD (1 XCD = 0.33 EUR).

On the map
Between locations
  • Montevideo Grenada 5,260 km ≈ 7 h nonstop flight
From you
  • Montevideo
  • Grenada

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 Grenada: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Montevideo and in Grenada?
Montevideo and Grenada differ by about 29% in total monthly costs ($1,813 vs $1,408 including rent). Grenada is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city pays better: Montevideo or Grenada?
Average pay runs 181% higher in Montevideo, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Montevideo and in Grenada?
Rent for a central apartment: $705 in Montevideo versus $685 in Grenada. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper restaurants?
Dining out is cheaper in Grenada – a meal for two runs $45.00 versus $67.0 in Montevideo. If you eat out regularly, this makes a real dent in your monthly spending.
How do commuting costs compare in Montevideo and in Grenada?
A monthly transit pass in Grenada runs roughly 55% less than in Montevideo. Both cities have functional networks, but the price difference matters if you're watching your budget.
Which city is more doable on $2,000 per month?
At $1,408 in Grenada versus $1,813 in Montevideo, a $2,000 budget is realistic in Grenada but tight or insufficient in Montevideo. The gap between the two cities makes Grenada the clear choice for anyone on this budget.
How does quality of life compare between Montevideo and Grenada?
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.
Is Montevideo or Grenada safer for residents?
Safety-wise, Montevideo and Grenada are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Montevideo or Grenada?
Expats usually find Grenada gentler on the wallet – expenses run 29% less than in Montevideo. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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