Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Miraflores

For one person, living is cheaper in Miraflores: $1,118 a month against $1,771 in Montevideo, rent and utilities included – about $7,800 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
54

Cost of Living Index in Miraflores
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Miraflores Living Index

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Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Miraflores

🇵🇪 Peru

$1,118

/mo nomad

Monthly Cost of Living

How much you'll spend in Montevideo and in Miraflores

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

A single person spends $1,771 per month in Montevideo vs $1,118 in Miraflores, rent included.

Montevideo $1,771
Miraflores $1,118

A couple spends around $2,740 per month in Montevideo vs $1,239 in Miraflores, rent included.

Montevideo $2,740
Miraflores $1,239

A family of three spends $3,708 per month in Montevideo vs $1,360 in Miraflores, rent included.

Montevideo $3,708
Miraflores $1,360

Montevideo costs about 58% more than Miraflores, and outside of rent the biggest gap is in eating out.

Montevideo sits 31% above the global median, while Miraflores is 17% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.16 UYU 609

$4.29 PEN 14.74

253.38%

Three-Course Dinner for Two, Mid-Range

$69.2 UYU 2,776

$35.43 PEN 122

95.17%

Fast Food Meal (McDonalds, etc)

$14.65 UYU 588

$5.32 PEN 18.25

175.38%

Cappuccino

$4.46 UYU 179

$3.27 PEN 11.23

36.39%

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

$2.67 UYU 107

$1.11 PEN 3.80

140.54%

Water (0.33 liter bottle)

$2.00 UYU 80.4

$0.65 PEN 2.24

207.69%

Local Beer (0.5 liter draught)

$4.83 UYU 194

$2.57 PEN 8.83

87.94%

Imported Beer (0.33 liter bottle)

$3.80 UYU 152

$4.47 PEN 15.36

-14.99%

Milk (1 liter)

$1.36 UYU 54.8

$1.34 PEN 4.59

1.49%

White Bread (500g)

$2.87 UYU 115

$1.17 PEN 4.03

145.30%

Rice (white) (1kg)

$1.75 UYU 70.2

$1.30 PEN 4.48

34.62%

Eggs

$4.68 UYU 188

$2.84 PEN 9.77

64.79%

Local Cheese (1kg)

$13.88 UYU 557

$8.98 PEN 30.84

54.57%

Chicken Fillets (1kg)

$11.98 UYU 481

$5.78 PEN 19.87

107.27%

Beef Round Steak (1kg)

$11.97 UYU 480

$9.88 PEN 33.93

21.15%

Apples (1kg)

$2.78 UYU 111

$2.07 PEN 7.10

34.30%

Banana (1kg)

$2.74 UYU 110

$1.02 PEN 3.50

168.63%

Oranges (1kg)

$1.77 UYU 71.2

$1.41 PEN 4.84

25.53%

Tomato (1kg)

$3.24 UYU 130

$1.18 PEN 4.04

174.58%

Potato (1kg)

$1.97 UYU 79.2

$0.88 PEN 3.02

123.86%

Onion (1kg)

$2.07 UYU 83.1

$0.89 PEN 3.04

132.58%

Lettuce (1 head)

$1.37 UYU 55.1

$0.83 PEN 2.84

65.06%

Water (1.5 liter bottle)

$1.88 UYU 75.3

$0.61 PEN 2.09

208.20%

Cigarettes 20 Pack (Marlboro, Camel)

$5.59 UYU 224

$5.67 PEN 19.48

-1.41%

Wine (Bottle)

$8.78 UYU 352

$8.65 PEN 29.70

1.50%

Local Beer (0.5 liter bottle)

$2.26 UYU 90.9

$1.78 PEN 6.11

26.97%

Imported Beer (0.33 liter bottle)

$2.75 UYU 110

$2.86 PEN 9.84

-3.85%

One-way Ticket (Public Transport)

$1.53 UYU 61.5

$0.30 PEN 1.04

410.00%

Public Transport Monthly Pass (Regular Price)

$74.3 UYU 2,980

Taxi Start (Normal Tariff)

$1.91 UYU 76.7

$3.81 PEN 13.08

-49.87%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.18

$2.05 PEN 7.03

-80.49%

Taxi 1hour Waiting (Normal Tariff)

$10.33 UYU 415

$7.29 PEN 25.04

41.70%

Gasoline (1 liter)

$2.13 UYU 85.6

$1.33 PEN 4.56

60.15%

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

$27.1K UYU 1.1M

$22.1K PEN 76.0K

22.52%

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

$36.3K UYU 1.5M

$25.4K PEN 87.1K

42.94%

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

$188 UYU 7,557

$58.9 PEN 202

219.59%

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

$20.54 UYU 824

$8.92 PEN 30.65

130.27%

Internet (50+ Mbps, Unlimited Data)

$44.81 UYU 1,798

$27.50 PEN 94.5

62.95%

Gym Membership (Monthly)

$54.0 UYU 2,166

$35.26 PEN 121

53.03%

Tennis Court (1 Hour on Weekend)

$19.75 UYU 793

Cinema Ticket

$11.95 UYU 480

$7.28 PEN 24.99

64.15%

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

$634 UYU 25.5K

$175 PEN 603

261.51%

International Primary School, 1 Child (Yearly)

$11.1K UYU 443.6K

$13.1K PEN 45.0K

-15.57%

Jeans (Levis 501 Or Similar)

$102 UYU 4,099

$53.0 PEN 182

92.70%

Summer Dress (H&M, Zara, etc)

$57.5 UYU 2,309

$35.27 PEN 121

63.11%

Sport Shoes (Adidas, Nike)

$127 UYU 5,079

$83.6 PEN 287

51.41%

Men's Leather Business Shoes

$128 UYU 5,131

$79.9 PEN 274

59.98%

1-bedroom Apartment, City Center (Monthly)

$719 UYU 28.8K

$662 PEN 2,275

8.53%

1-bedroom Apartment, Outside City Center (Monthly)

$568 UYU 22.8K

$524 PEN 1,800

8.32%

3-bedroom Apartment, City Center (Monthly)

$1,145 UYU 46.0K

$1,596 PEN 5,481

-28.25%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 UYU 41.1K

Buy Apartment in City Center (m2)

$3,392 UYU 136.1K

$2,507 PEN 8,609

35.32%

Buy Apartment Outside City Center (m2)

$1,949 UYU 78.2K

Average Monthly Net Salary (After Tax)

$1,245 UYU 50.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

8.94

-35.79%

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

Last update for Montevideo: October 12, 2026

Last update for Miraflores: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$568 32.1%

Miraflores

$524 46.9% 7.7% $44

Groceries & Markets

Montevideo

$332 18.7%

Miraflores

$202 18.1% 39% $129

Eating Out

Montevideo

$269 15.2%

Miraflores

$118 10.6% 56% $151

Monthly Utilities & Internet

Montevideo

$254 14.3%

Miraflores

$95 8.5% 62.4% $158

Clothing & Footwear

Montevideo

$186 10.5%

Miraflores

$113 10.1% 39.2% $73

Getting Around

Montevideo

$84 4.8%

Miraflores

$15 * 1.4% 81.9% $69

Sport & Entertainment

Montevideo

$78 4.4%

Miraflores

$50 4.5% 36% $28

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

Cost Breakdown

A central one-bedroom costs $719 in Montevideo versus $662 in Miraflores. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $69.0 in Montevideo versus $35.00 in Miraflores. Monthly groceries follow the same trend: $332 vs $202 – making Miraflores the more affordable choice for daily food spending.

Good to know

🇺🇾 Montevideo

🇵🇪 Miraflores

🕒 Local time

14:23 2:23 PM

12:23 12:23 PM

2 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

99,337

💱 Currency

Uruguayan Peso UYU $U

Peruvian Sol PEN S/

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 17, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.13 UYU (100 UYU = 2.22 EUR).

Peruvian Sol exchange rates as of October 17, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

USD to UYU in detail →

On the map

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Highest

Between locations

Montevideo Miraflores 3,290 km ≈ 4 h 30 min nonstop flight

From you

Montevideo
Miraflores

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 Miraflores: Cost of Living - Frequently Asked Questions

Yes – Montevideo is pricier by about 58%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,656 per month in Montevideo and $1,678 in Miraflores. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Miraflores, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $69.0 in Montevideo and $35.00 in Miraflores. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 64% more in Montevideo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Miraflores, where all-in costs run around $1,118, than in Montevideo at $1,771. In Miraflores it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

Families tend to lean toward Miraflores – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Miraflores. If higher salaries, better infrastructure, or specific career opportunities are the priority, Montevideo makes more sense. Both are solid long-term options with distinct trade-offs.