Last update: Oct 2026

Cost of Living Comparison Between Montevideo and Peace River, AB

For one person, living is cheaper in Montevideo: $1,771 a month against $2,297 in Peace River, AB, rent and utilities included – about $6,300 less a year. Higher rent and utilities in Peace River, AB outweigh lower spending on other living expenses.

Montevideo
🇺🇾 Uruguay
$1,771
/mo nomad
Peace River, AB
🇨🇦 Canada
$2,297
/mo nomad
Monthly Cost of Living

How much you'll spend in Montevideo and in Peace River, AB

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 Peace River, AB actually costs, broken down by who's living it.

A single person spends $1,771 per month in Montevideo vs $2,297 in Peace River, AB, rent included.

  • Montevideo $1,771
  • Peace River, AB $2,297

A couple spends around $2,740 per month in Montevideo vs $3,250 in Peace River, AB, rent included.

  • Montevideo $2,740
  • Peace River, AB $3,250

A family of three spends $3,708 per month in Montevideo vs $4,204 in Peace River, AB, rent included.

  • Montevideo $3,708
  • Peace River, AB $4,204

Montevideo is about 23% cheaper than Peace River, AB, and outside of rent the biggest gap is in clothing.

Both Montevideo and Peace River, AB sit above the global median – Montevideo by 31%, Peace River, AB by 70%.

Currency
🍽 Eating Out
Montevideo
Peace River, AB
Difference
Meal at Budget Restaurant
$15.16 UYU 610
$15.72 CA$22.34
-3.56%
Three-Course Dinner for Two, Mid-Range
$69.2 UYU 2,780
$61.4 CA$87.3
12.62%
Fast Food Meal (McDonalds, etc)
$14.65 UYU 589
$11.76 CA$16.72
24.57%
Cappuccino
$4.46 UYU 179
$3.34 CA$4.75
33.53%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.67 UYU 107
$2.04 CA$2.90
30.88%
Water (0.33 liter bottle)
$2.00 UYU 80.5
$1.46 CA$2.07
36.99%
Local Beer (0.5 liter draught)
$4.83 UYU 194
$5.27 CA$7.49
-8.35%
Imported Beer (0.33 liter bottle)
$3.80 UYU 153
$5.01 CA$7.12
-24.15%
🛒 Groceries & Markets
Montevideo
Peace River, AB
Difference
Milk (1 liter)
$1.36 UYU 54.9
$2.31 CA$3.28
-41.13%
White Bread (500g)
$2.87 UYU 115
$2.14 CA$3.05
34.11%
Rice (white) (1kg)
$1.75 UYU 70.3
$3.52 CA$5.01
-50.28%
Eggs
$4.68 UYU 188
$3.83 CA$5.45
22.19%
Local Cheese (1kg)
$13.88 UYU 558
$10.79 CA$15.34
28.64%
Chicken Fillets (1kg)
$11.98 UYU 482
$11.84 CA$16.83
1.18%
Beef Round Steak (1kg)
$11.97 UYU 481
$14.81 CA$21.05
-19.18%
Apples (1kg)
$2.78 UYU 112
$3.79 CA$5.38
-26.65%
Banana (1kg)
$2.74 UYU 110
$1.32 CA$1.87
107.58%
Oranges (1kg)
$1.77 UYU 71.3
$3.59 CA$5.10
-50.70%
Tomato (1kg)
$3.24 UYU 130
$3.84 CA$5.46
-15.62%
Potato (1kg)
$1.97 UYU 79.3
$2.66 CA$3.79
-25.94%
Onion (1kg)
$2.07 UYU 83.2
$2.12 CA$3.01
-2.36%
Lettuce (1 head)
$1.37 UYU 55.2
$2.46 CA$3.49
-44.31%
Water (1.5 liter bottle)
$1.88 UYU 75.4
$1.63 CA$2.31
15.34%
Cigarettes 20 Pack (Marlboro, Camel)
$5.59 UYU 225
$15.85 CA$22.52
-64.73%
Wine (Bottle)
$8.78 UYU 353
$12.43 CA$17.66
-29.36%
Local Beer (0.5 liter bottle)
$2.26 UYU 91.0
$2.25 CA$3.20
0.44%
Imported Beer (0.33 liter bottle)
$2.75 UYU 111
$3.39 CA$4.82
-18.88%
🚌 Getting Around
Montevideo
Peace River, AB
Difference
One-way Ticket (Public Transport)
$1.53 UYU 61.6
$2.51 CA$3.56
-39.04%
Public Transport Monthly Pass (Regular Price)
$74.3 UYU 2,985
$58.9 CA$83.7
26.16%
Taxi Start (Normal Tariff)
$1.91 UYU 76.8
$2.77 CA$3.93
-31.05%
Taxi (Normal Tariff) (1km)
$0.40 UYU 16.21
$1.43 CA$2.03
-72.03%
Taxi 1hour Waiting (Normal Tariff)
$10.33 UYU 415
$22.27 CA$31.66
-53.61%
Gasoline (1 liter)
$2.13 UYU 85.7
$1.32 CA$1.87
61.36%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.1K UYU 1.1M
$27.9K CA$39.6K
-2.80%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.3K UYU 1.5M
$19.0K CA$27.0K
91.02%
🧾 Monthly Utilities & Internet
Montevideo
Peace River, AB
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$188 UYU 7,570
$136 CA$193
38.70%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.54 UYU 826
$36.68 CA$52.1
-44.00%
Internet (50+ Mbps, Unlimited Data)
$44.81 UYU 1,801
$52.7 CA$74.9
-14.99%
🎉 Sport & Entertainment
Montevideo
Peace River, AB
Difference
Gym Membership (Monthly)
$54.0 UYU 2,169
$40.68 CA$57.8
32.65%
Tennis Court (1 Hour on Weekend)
$19.75 UYU 794
$19.32 CA$27.46
2.23%
Cinema Ticket
$11.95 UYU 481
$11.51 CA$16.36
3.82%
🧸 Childcare & Education
Montevideo
Peace River, AB
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$634 UYU 25.5K
$821 CA$1,167
-22.71%
International Primary School, 1 Child (Yearly)
$11.1K UYU 444.3K
$11.9K CA$17.0K
-7.43%
👕👟 Clothing & Footwear
Montevideo
Peace River, AB
Difference
Jeans (Levis 501 Or Similar)
$102 UYU 4,106
$47.69 CA$67.8
114.15%
Summer Dress (H&M, Zara, etc)
$57.5 UYU 2,313
$37.29 CA$53.0
54.28%
Sport Shoes (Adidas, Nike)
$127 UYU 5,088
$83.1 CA$118
52.39%
Men's Leather Business Shoes
$128 UYU 5,139
$97.6 CA$139
31.01%
🏠 Accommodation & Living
Montevideo
Peace River, AB
Difference
1-bedroom Apartment, City Center (Monthly)
$719 UYU 28.9K
$1,231 CA$1,749
-41.59%
1-bedroom Apartment, Outside City Center (Monthly)
$568 UYU 22.8K
$1,203 CA$1,710
-52.80%
3-bedroom Apartment, City Center (Monthly)
$1,145 UYU 46.0K
$1,976 CA$2,808
-42.04%
3-bedroom Apartment, Outside City Center (Monthly)
$1,023 UYU 41.1K
$1,740 CA$2,473
-41.19%
Buy Apartment in City Center (m2)
$3,392 UYU 136.4K
$4,555 CA$6,473
-25.52%
Buy Apartment Outside City Center (m2)
$1,949 UYU 78.4K
$3,930 CA$5,586
-50.40%
💵 Salaries & Financials
Montevideo
Peace River, AB
Difference
Average Monthly Net Salary (After Tax)
$1,245 UYU 50.0K
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
5.74
4.66
23.18%

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

Last update for Montevideo: October 12, 2026

Last update for Peace River, AB: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Montevideo
$568
Peace River, AB
$1.2K 112% $635
Groceries & Markets
Montevideo
$332
Peace River, AB
$355 7% $23
Eating Out
Montevideo
$269
Peace River, AB
$251 6.6% $18
Monthly Utilities & Internet
Montevideo
$254
Peace River, AB
$225 11.2% $29
Clothing & Footwear
Montevideo
$186
Peace River, AB
$120 35.9% $67
Getting Around
Montevideo
$84
Peace River, AB
$79 6.5% $5.5
Sport & Entertainment
Montevideo
$78
Peace River, AB
$64 18.2% $14

Cost Breakdown

A central one-bedroom costs $719 in Montevideo versus $1,231 in Peace River, AB. 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 $61.0 in Peace River, AB. Groceries tell a different story – $332 in Montevideo vs $355 in Peace River, AB – so Montevideo wins on supermarket bills even if dining out costs more.

Good to know
🇺🇾 Montevideo
🇨🇦 Peace River, AB
🕒 Local time
22:29 10:29 PM
19:29 7:29 PM
3 h behind Montevideo
🌤 Weather
👥 Population
1,319,108 Capital
💱 Currency
Exchange rates and currency converter

CAD, USD, EUR to UYU – Uruguayan Peso Converter

Uruguayan Peso exchange rates as of October 15, 2026: 1 USD = 40.2 UYU (100 UYU = 2.49 USD). 1 EUR = 45.01 UYU (100 UYU = 2.22 EUR).

Canadian Dollar exchange rates as of October 15, 2026: 1 USD = 1.42 CAD (1 CAD = 0.704 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

On the map
Between locations
  • Montevideo Peace River, AB 11,730 km ≈ 15 h nonstop flight
From you
  • Montevideo
  • Peace River, AB

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 Peace River, AB: Cost of Living - Frequently Asked Questions
Is Peace River, AB cheaper than Montevideo?
Yes – Peace River, AB is pricier by about 30%, and outside of rent the gap shows up most in clothing.
What income do you need for each city?
For a comfortable life, plan on about $2,656 per month in Montevideo and $3,445 in Peace River, AB. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Which city has cheaper kindergarten?
Kindergarten costs $634 per month in Montevideo and $821 in Peace River, AB. For families with young kids, this one expense can tip the scales when choosing between the two cities.
How do food prices compare in Montevideo and in Peace River, AB?
Groceries cost about 7% more in Peace River, AB, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,500 a realistic budget for living in Montevideo or in Peace River, AB?
A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,771, than in Peace River, AB at $2,297. In Montevideo it covers expenses comfortably, while in Peace River, AB it requires careful planning or may not stretch far enough.
Is Montevideo or Peace River, AB more family-friendly?
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.
Which city is safer, Montevideo or Peace River, AB?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Montevideo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Peace River, AB makes more sense. Both are solid long-term options with distinct trade-offs.

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