Last update: Oct 2026

Cost of Living Comparison Between Montevideo and New Providence

For one person, living is cheaper in Montevideo: $1,813 a month against $2,134 in New Providence, rent and utilities included – about $3,900 less a year. The total is higher in New Providence despite lower rent and utilities.

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Cost of Living Index in Montevideo
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Montevideo Living Index

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Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

New Providence

🇧🇸 Bahamas

$2,134

/mo nomad

Monthly Cost of Living

How much you'll spend in Montevideo and in New Providence

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

A single person spends $1,813 per month in Montevideo vs $2,134 in New Providence, rent included.

Montevideo $1,813
New Providence $2,134

A couple spends around $2,782 per month in Montevideo vs $5,196 in New Providence, rent included.

Montevideo $2,782
New Providence $5,196

A family of three spends $3,750 per month in Montevideo vs $8,257 in New Providence, rent included.

Montevideo $3,750
New Providence $8,257

Montevideo is about 15% cheaper than New Providence, and outside of rent the biggest gap is in eating out.

Both Montevideo and New Providence sit above the global median – Montevideo by 35%, New Providence by 59%.

Meal at Budget Restaurant

$15.26 UYU 613

$74.6 BSD 74.6

-79.55%

Three-Course Dinner for Two, Mid-Range

$67.4 UYU 2,711

$151 BSD 151

-55.41%

Fast Food Meal (McDonalds, etc)

$14.37 UYU 578

Cappuccino

$4.64 UYU 187

$5.40 BSD 5.40

-14.07%

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

$2.73 UYU 110

Water (0.33 liter bottle)

$2.09 UYU 84.0

Local Beer (0.5 liter draught)

$4.75 UYU 191

Imported Beer (0.33 liter bottle)

$3.67 UYU 147

Milk (1 liter)

$1.38 UYU 55.5

$2.17 BSD 2.17

-36.41%

White Bread (500g)

$2.77 UYU 112

$4.91 BSD 4.91

-43.58%

Rice (white) (1kg)

$1.69 UYU 67.8

$5.05 BSD 5.05

-66.53%

Eggs

$4.52 UYU 182

$10.12 BSD 10.12

-55.34%

Local Cheese (1kg)

$14.17 UYU 570

$19.69 BSD 19.69

-28.03%

Chicken Fillets (1kg)

$12.07 UYU 485

$10.09 BSD 10.09

19.62%

Beef Round Steak (1kg)

$12.16 UYU 489

$20.37 BSD 20.37

-40.30%

Apples (1kg)

$2.87 UYU 116

$4.45 BSD 4.45

-35.51%

Banana (1kg)

$2.75 UYU 110

$6.10 BSD 6.10

-54.92%

Oranges (1kg)

$1.73 UYU 69.5

$7.17 BSD 7.17

-75.87%

Tomato (1kg)

$3.24 UYU 130

$4.02 BSD 4.02

-19.40%

Potato (1kg)

$2.07 UYU 83.1

$4.02 BSD 4.02

-48.51%

Onion (1kg)

$2.07 UYU 83.1

$2.95 BSD 2.95

-29.83%

Lettuce (1 head)

$1.38 UYU 55.4

$2.95 BSD 2.95

-53.22%

Water (1.5 liter bottle)

$1.85 UYU 74.5

$2.93 BSD 2.93

-36.86%

Cigarettes 20 Pack (Marlboro, Camel)

$5.57 UYU 224

$15.16 BSD 15.16

-63.26%

Wine (Bottle)

$8.89 UYU 357

$25.37 BSD 25.37

-64.96%

Local Beer (0.5 liter bottle)

$2.29 UYU 92.2

$3.72 BSD 3.72

-38.44%

Imported Beer (0.33 liter bottle)

$2.70 UYU 109

$4.08 BSD 4.08

-33.82%

One-way Ticket (Public Transport)

$1.52 UYU 61.3

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

Taxi Start (Normal Tariff)

$1.82 UYU 73.4

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.05

Taxi 1hour Waiting (Normal Tariff)

$10.66 UYU 429

Gasoline (1 liter)

$2.22 UYU 89.2

$1.76 BSD 1.76

26.14%

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

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

$191 UYU 7,674

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

$20.40 UYU 820

$40.39 BSD 40.39

-49.49%

Internet (50+ Mbps, Unlimited Data)

$44.14 UYU 1,775

$100 BSD 100

-55.93%

Gym Membership (Monthly)

$54.1 UYU 2,177

$76.5 BSD 76.5

-29.22%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

Cinema Ticket

$12.33 UYU 496

$14.72 BSD 14.72

-16.24%

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

$613 UYU 24.7K

$1,525 BSD 1,525

-59.80%

International Primary School, 1 Child (Yearly)

$11.0K UYU 444.3K

$14.8K BSD 14.8K

-25.51%

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

1-bedroom Apartment, City Center (Monthly)

$705 UYU 28.4K

$1,518 BSD 1,518

-53.53%

1-bedroom Apartment, Outside City Center (Monthly)

$575 UYU 23.1K

$692 BSD 692

-16.84%

3-bedroom Apartment, City Center (Monthly)

$1,139 UYU 45.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 UYU 40.8K

$4,529 BSD 4,529

-77.57%

Buy Apartment in City Center (m2)

$3,349 UYU 134.6K

Buy Apartment Outside City Center (m2)

$1,942 UYU 78.1K

Average Monthly Net Salary (After Tax)

$1,229 UYU 49.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

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

Last update for Montevideo: October 5, 2026

Last update for New Providence: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$575 32.3%

New Providence

–

Groceries & Markets

Montevideo

$332 18.7%

New Providence

–

Eating Out

Montevideo

$271 15.2%

New Providence

–

Monthly Utilities & Internet

Montevideo

$255 14.3%

New Providence

–

Clothing & Footwear

Montevideo

$186 10.4%

New Providence

–

Getting Around

Montevideo

$84 4.7%

New Providence

–

Sport & Entertainment

Montevideo

$79 4.4%

New Providence

–

Cost Breakdown

A central one-bedroom costs $705 in Montevideo versus $1,518 in New Providence. 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 $67.0 in Montevideo versus $151 in New Providence. Monthly groceries follow the same trend: $332 vs $552 – making Montevideo the more affordable choice for daily food spending.

Good to know

🇺🇾 Montevideo

🇧🇸 New Providence

🕒 Local time

04:31 4:31 AM

03:31 3:31 AM

1 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

296,522

💱 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 New Providence 7,040 km ≈ 9 h nonstop flight

From you

Montevideo
New Providence

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 New Providence: Cost of Living - Frequently Asked Questions

Yes – New Providence is pricier by about 18%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,720 per month in Montevideo and $3,201 in New Providence. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Montevideo, 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 $67.0 in Montevideo and $151 in New Providence. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 66% more in New Providence, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,813, than in New Providence at $2,134. In Montevideo it covers expenses comfortably, while in New Providence it requires careful planning or may not stretch far enough.

Families tend to lean toward Montevideo – 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 Montevideo. If higher salaries, better infrastructure, or specific career opportunities are the priority, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.