Cost of Living Comparison Between Montevideo and Richmond, KY Cost of Living Comparison Between Montevideo and Richmond, KY

Monthly Cost of Living

A single person spends $1,640 per month in Montevideo vs $2,594 in Richmond, KY, rent included.

A couple spends around $2,477 per month in Montevideo vs $3,623 in Richmond, KY, rent included.

A family of three spends $3,314 per month in Montevideo vs $4,651 in Richmond, KY, rent included.

Montevideo is about 37% cheaper than Richmond, KY, driven mainly by Getting Around.

Both Montevideo and Richmond, KY sit above the global median โ€“ Montevideo by 22%, Richmond, KY by 94%.

Currency
๐Ÿฝ Eating Out
Montevideo
Richmond, KY
Difference
Meal at Budget Restaurant
$16.35 UYUย 650
$10.18 $10.18
60.61%
Three-Course Dinner for Two, Mid-Range
$54.3 UYUย 2,161
$39.24 $39.24
38.40%
Fast Food Meal (McDonalds, etc)
$12.15 UYUย 483
$7.97 $7.97
52.45%
Cappuccino
$4.06 UYUย 162
$5.82 $5.82
-30.24%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.27 UYUย 90.1
$2.57 $2.57
-11.67%
Water (0.33 liter bottle)
$1.70 UYUย 67.7
$2.46 $2.46
-30.89%
Local Beer (0.5 liter draught)
$4.51 UYUย 179
$6.66 $6.66
-32.28%
Imported Beer (0.33 liter bottle)
$3.63 UYUย 144
$6.13 $6.13
-40.78%
๐Ÿ›’ Groceries & Markets
Montevideo
Richmond, KY
Difference
Milk (1 liter)
$1.26 UYUย 50.3
$1.07 $1.07
17.76%
White Bread (500g)
$2.87 UYUย 114
$3.62 $3.62
-20.72%
Rice (white) (1kg)
$1.61 UYUย 64.1
$3.82 $3.82
-57.85%
Eggs
$4.71 UYUย 188
$3.81 $3.81
23.62%
Local Cheese (1kg)
$13.42 UYUย 534
$9.95 $9.95
34.87%
Chicken Fillets (1kg)
$10.74 UYUย 427
$8.53 $8.53
25.91%
Beef Round Steak (1kg)
$11.19 UYUย 445
$15.90 $15.90
-29.62%
Apples (1kg)
$3.13 UYUย 125
$6.23 $6.23
-49.76%
Banana (1kg)
$2.34 UYUย 93.3
$1.37 $1.37
70.80%
Oranges (1kg)
$1.55 UYUย 61.8
$2.59 $2.59
-40.15%
Tomato (1kg)
$3.63 UYUย 144
$5.36 $5.36
-32.28%
Potato (1kg)
$2.14 UYUย 85.0
$2.26 $2.26
-5.31%
Onion (1kg)
$1.96 UYUย 77.9
$4.73 $4.73
-58.56%
Lettuce (1 head)
$1.36 UYUย 54.2
$2.40 $2.40
-43.33%
Water (1.5 liter bottle)
$1.73 UYUย 68.9
$2.11 $2.11
-18.01%
Cigarettes 20 Pack (Marlboro, Camel)
$5.09 UYUย 202
$8.66 $8.66
-41.22%
Wine (Bottle)
$9.90 UYUย 394
$14.86 $14.86
-33.38%
Local Beer (0.5 liter bottle)
$2.33 UYUย 92.8
$1.79 $1.79
30.17%
Imported Beer (0.33 liter bottle)
$3.05 UYUย 121
$2.91 $2.91
4.81%
๐ŸšŒ Getting Around
Montevideo
Richmond, KY
Difference
One-way Ticket (Public Transport)
$1.35 UYUย 53.9
$2.06 $2.06
-34.47%
Public Transport Monthly Pass (Regular Price)
$55.2 UYUย 2,197
-
-
Taxi Start (Normal Tariff)
$1.61 UYUย 64.0
$5.13 $5.13
-68.62%
Taxi (Normal Tariff) (1km)
$3.60 UYUย 143
$1.60 $1.60
125.00%
Taxi 1hour Waiting (Normal Tariff)
$12.42 UYUย 494
$30.14 $30.14
-58.79%
Gasoline (1 liter)
$1.85 UYUย 73.5
$0.79 $0.79
134.18%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.8K UYUย 1.4M
$30.0K $30.0K
16.21%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.3K UYUย 1.4M
$26.2K $26.2K
38.60%
๐Ÿงพ Monthly Utilities & Internet
Montevideo
Richmond, KY
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$175 UYUย 6,968
$235 $235
-25.36%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.91 UYUย 673
$54.8 $54.8
-69.15%
Internet (50+ Mbps, Unlimited Data)
$50.0 UYUย 1,989
$69.0 $69.0
-27.48%
๐ŸŽ‰ Sport & Entertainment
Montevideo
Richmond, KY
Difference
Gym Membership (Monthly)
$60.6 UYUย 2,410
$42.99 $42.99
40.87%
Tennis Court (1 Hour on Weekend)
$17.35 UYUย 691
-
-
Cinema Ticket
$10.46 UYUย 416
$14.69 $14.69
-28.80%
๐Ÿงธ Childcare & Education
Montevideo
Richmond, KY
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$494 UYUย 19.7K
$1,138 $1,138
-56.56%
International Primary School, 1 Child (Yearly)
$8,985 UYUย 357.5K
$20.8K $20.8K
-56.90%
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Montevideo
Richmond, KY
Difference
Jeans (Levis 501 Or Similar)
$96.1 UYUย 3,822
$54.5 $54.5
76.40%
Summer Dress (H&M, Zara, etc)
$48.11 UYUย 1,914
$59.7 $59.7
-19.45%
Sport Shoes (Adidas, Nike)
$116 UYUย 4,606
$107 $107
8.07%
Men's Leather Business Shoes
$125 UYUย 4,959
$123 $123
1.39%
๐Ÿ  Accommodation & Living
Montevideo
Richmond, KY
Difference
1-bedroom Apartment, City Center (Monthly)
$615 UYUย 24.5K
$1,591 $1,591
-61.38%
1-bedroom Apartment, Outside City Center (Monthly)
$483 UYUย 19.2K
$1,375 $1,375
-64.89%
3-bedroom Apartment, City Center (Monthly)
$1,117 UYUย 44.4K
$2,640 $2,640
-57.69%
3-bedroom Apartment, Outside City Center (Monthly)
$818 UYUย 32.6K
$2,186 $2,186
-62.58%
Buy Apartment in City Center (m2)
$3,484 UYUย 138.6K
$1,921 $1,921
81.32%
Buy Apartment Outside City Center (m2)
$2,267 UYUย 90.2K
$1,918 $1,918
18.21%
๐Ÿ’ต Salaries & Financials
Montevideo
Richmond, KY
Difference
Average Monthly Net Salary (After Tax)
$1,283 UYUย 51.0K
$2,965 $2,965
-56.74%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.68
6.59
-13.81%

CityCost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update for Montevideo: April 22, 2026

Last update for Richmond, KY: April 22, 2026

Cost Breakdown

A central one-bedroom costs $615 in Montevideo versus $1,591 in Richmond, KY. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 131% higher in Richmond, KY, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $54 in Montevideo versus $39 in Richmond, KY. Groceries tell a different story โ€“ $322 in Montevideo vs $370 in Richmond, KY โ€“ so Montevideo wins on supermarket bills even if dining out costs more.

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 Richmond, KY: Cost of Living - Frequently Asked Questions
Is Richmond, KY cheaper than Montevideo?
Yes โ€“ Richmond, KY is pricier by about 58%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,460 per month in Montevideo and $3,891 in Richmond, KY. That covers rent, food, utilities, transport, and enough left over to feel settled โ€“ 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.
Is eating out cheaper in Montevideo or Richmond, KY?
A mid-range dinner for two costs $54.0 in Montevideo and $39.00 in Richmond, KY. That's a good indicator of the overall restaurant and cafรฉ pricing gap between the two cities.
How do food prices compare in Montevideo and Richmond, KY?
Groceries cost about 15% more in Richmond, KY, 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 Montevideo or Richmond, KY?
A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,640, than in Richmond, KY at $2,594. In Montevideo it covers expenses comfortably, while in Richmond, KY it requires careful planning or may not stretch far enough.
Is Montevideo or Richmond, KY more family-friendly?
Families tend to lean toward Montevideo โ€“ 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 Richmond, KY?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison โ€“ 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, Richmond, KY makes more sense. Both are solid long-term options with distinct trade-offs.

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