Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Nicaragua

Name: Nicaragua
Address: NI

For one person, living is cheaper in Nicaragua: $946 a month against $1,813 in Montevideo, rent and utilities included – about $10,400 less a year. Rent and utilities account for most of the difference.

86

Cost of Living Index in Montevideo
Learn more

Montevideo Living Index
46

Cost of Living Index in Nicaragua
Learn more

Nicaragua Living Index

Jump to prices

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

🇳🇮 Nicaragua

$946

/mo nomad

😐 Solo nomad: Montevideo is 60.4% more expensive than Nicaragua without rent, and 91.6% more expensive with rent.

😐 Family of 3: Montevideo is 61.1% more expensive than Nicaragua without rent, and 83.4% more expensive with rent.

Meal at Budget Restaurant

$15.26 UYU 613

$4.95 NIO 181

208.28%

Three-Course Dinner for Two, Mid-Range

$67.4 UYU 2,711

$30.88 NIO 1,131

118.36%

Fast Food Meal (McDonalds, etc)

$14.37 UYU 578

$7.80 NIO 286

84.23%

Cappuccino

$4.64 UYU 187

$2.36 NIO 86.5

96.61%

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

$2.73 UYU 110

$0.89 NIO 32.75

206.74%

Water (0.33 liter bottle)

$2.09 UYU 84.0

$0.66 NIO 24.09

216.67%

Local Beer (0.5 liter draught)

$4.75 UYU 191

$1.34 NIO 48.91

254.48%

Imported Beer (0.33 liter bottle)

$3.67 UYU 147

$1.96 NIO 71.6

87.24%

Milk (1 liter)

$1.38 UYU 55.5

$1.21 NIO 44.22

14.05%

White Bread (500g)

$2.77 UYU 112

$2.08 NIO 76.0

33.17%

Rice (white) (1kg)

$1.69 UYU 67.8

$1.66 NIO 60.7

1.81%

Eggs

$4.52 UYU 182

$2.25 NIO 82.5

100.89%

Local Cheese (1kg)

$14.17 UYU 570

$9.34 NIO 342

51.71%

Chicken Fillets (1kg)

$12.07 UYU 485

$5.96 NIO 218

102.52%

Beef Round Steak (1kg)

$12.16 UYU 489

$8.06 NIO 295

50.87%

Apples (1kg)

$2.87 UYU 116

$4.73 NIO 173

-39.32%

Banana (1kg)

$2.75 UYU 110

$0.81 NIO 29.68

239.51%

Oranges (1kg)

$1.73 UYU 69.5

$1.95 NIO 71.6

-11.28%

Tomato (1kg)

$3.24 UYU 130

$2.34 NIO 85.7

38.46%

Potato (1kg)

$2.07 UYU 83.1

$3.80 NIO 139

-45.53%

Onion (1kg)

$2.07 UYU 83.1

$2.29 NIO 83.9

-9.61%

Lettuce (1 head)

$1.38 UYU 55.4

$1.08 NIO 39.44

27.78%

Water (1.5 liter bottle)

$1.85 UYU 74.5

$1.04 NIO 37.95

77.88%

Cigarettes 20 Pack (Marlboro, Camel)

$5.57 UYU 224

$3.61 NIO 132

54.29%

Wine (Bottle)

$8.89 UYU 357

$13.20 NIO 483

-32.65%

Local Beer (0.5 liter bottle)

$2.29 UYU 92.2

$1.47 NIO 53.8

55.78%

Imported Beer (0.33 liter bottle)

$2.70 UYU 109

$2.16 NIO 79.2

25.00%

One-way Ticket (Public Transport)

$1.52 UYU 61.3

$0.15 NIO 5.36

913.33%

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

$6.02 NIO 221

1123.59%

Taxi Start (Normal Tariff)

$1.82 UYU 73.4

$1.54 NIO 56.5

18.18%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.05

$1.48 NIO 54.1

-72.97%

Taxi 1hour Waiting (Normal Tariff)

$10.66 UYU 429

$6.64 NIO 243

60.54%

Gasoline (1 liter)

$2.22 UYU 89.2

$1.31 NIO 48.15

69.47%

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

$26.7K UYU 1.1M

$23.1K NIO 845.1K

15.91%

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

$36.7K UYU 1.5M

$25.9K NIO 947.3K

42.05%

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

$191 UYU 7,674

$113 NIO 4,138

68.93%

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

$20.40 UYU 820

$17.92 NIO 656

13.84%

Internet (50+ Mbps, Unlimited Data)

$44.14 UYU 1,775

$36.87 NIO 1,350

19.72%

Gym Membership (Monthly)

$54.1 UYU 2,177

$34.42 NIO 1,260

57.29%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

$15.17 NIO 556

29.73%

Cinema Ticket

$12.33 UYU 496

$9.29 NIO 340

32.72%

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

$613 UYU 24.7K

$234 NIO 8,583

161.59%

International Primary School, 1 Child (Yearly)

$11.0K UYU 444.3K

$6,687 NIO 244.9K

65.25%

Jeans (Levis 501 Or Similar)

$103 UYU 4,134

$54.1 NIO 1,981

90.07%

Summer Dress (H&M, Zara, etc)

$56.1 UYU 2,255

$44.45 NIO 1,628

26.14%

Sport Shoes (Adidas, Nike)

$124 UYU 5,000

$113 NIO 4,155

9.61%

Men's Leather Business Shoes

$130 UYU 5,214

$123 NIO 4,514

5.23%

1-bedroom Apartment, City Center (Monthly)

$705 UYU 28.4K

$359 NIO 13.1K

96.62%

1-bedroom Apartment, Outside City Center (Monthly)

$575 UYU 23.1K

$212 NIO 7,768

171.30%

3-bedroom Apartment, City Center (Monthly)

$1,139 UYU 45.8K

$612 NIO 22.4K

86.06%

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 UYU 40.8K

$463 NIO 17.0K

119.26%

Buy Apartment in City Center (m2)

$3,349 UYU 134.6K

$1,205 NIO 44.1K

177.83%

Buy Apartment Outside City Center (m2)

$1,942 UYU 78.1K

$671 NIO 24.6K

189.28%

Average Monthly Net Salary (After Tax)

$1,229 UYU 49.4K

$353 NIO 12.9K

247.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

11.94

-51.93%

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

Last update for Montevideo: October 5, 2026

Last update for Nicaragua: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$575 32.3%

Nicaragua

$212 22.2% 63.1% $363

Groceries & Markets

Montevideo

$332 18.7%

Nicaragua

$249 26.1% 25% $83

Eating Out

Montevideo

$271 15.2%

Nicaragua

$108 11.3% 60.1% $163

Monthly Utilities & Internet

Montevideo

$255 14.3%

Nicaragua

$168 17.5% 34.3% $88

Clothing & Footwear

Montevideo

$186 10.4%

Nicaragua

$151 15.8% 18.8% $35

Getting Around

Montevideo

$84 4.7%

Nicaragua

$16 1.6% 81.4% $68

Sport & Entertainment

Montevideo

$79 4.4%

Nicaragua

$53 5.5% 32.7% $26

Good to know

🇺🇾 Montevideo

🇳🇮 Nicaragua

🕒 Local time

07:30 7:30 AM

04:30 4:30 AM

3 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

6,676,948

💱 Currency

Uruguayan Peso UYU $U

Nicaraguan Córdoba NIO C$

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

100 NIO = 2.73 USD

100 NIO = 2.44 EUR

Exchange rates and currency converter

NIO, 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 = 45.06 UYU (100 UYU = 2.22 EUR).

Nicaraguan Córdoba exchange rates as of October 10, 2026: 1 USD = 36.62 NIO (100 NIO = 2.73 USD). 1 EUR = 41.04 NIO (100 NIO = 2.44 EUR).

USD to UYU in detail →

On the map

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Between locations

Montevideo Nicaragua 6,120 km ≈ 8 h nonstop flight

From you

Montevideo
Nicaragua

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 other spots: cost of living compared

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