Last update: Oct 2026

Cost of Living Comparison Between Montevideo and San Ignacio de Velasco

For one person, living is cheaper in San Ignacio de Velasco: $109 a month against $1,771 in Montevideo, rent and utilities included – about $19,900 less a year. Rent and utilities account for about half of the difference.

86

Cost of Living Index in Montevideo
Learn more

Montevideo Living Index

Jump to prices

Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

San Ignacio de Velasco

🇧🇴 Bolivia

$109

/mo nomad

Monthly Cost of Living

How much you'll spend in Montevideo and in San Ignacio de Velasco

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 San Ignacio de Velasco actually costs, broken down by who's living it.

A single person spends $1,771 per month in Montevideo vs $109 in San Ignacio de Velasco, rent included.

Montevideo $1,771
San Ignacio de Velasco $109

A couple spends around $2,740 per month in Montevideo vs $178 in San Ignacio de Velasco, rent included.

Montevideo $2,740
San Ignacio de Velasco $178

A family of three spends $3,708 per month in Montevideo vs $247 in San Ignacio de Velasco, rent included.

Montevideo $3,708
San Ignacio de Velasco $247

Montevideo costs about 1528% more than San Ignacio de Velasco, and outside of rent the biggest gap is in eating out.

Montevideo sits 31% above the global median, while San Ignacio de Velasco is 92% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.16 UYU 609

Three-Course Dinner for Two, Mid-Range

$69.2 UYU 2,776

Fast Food Meal (McDonalds, etc)

$14.65 UYU 588

Cappuccino

$4.46 UYU 179

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

$2.67 UYU 107

Water (0.33 liter bottle)

$2.00 UYU 80.4

Local Beer (0.5 liter draught)

$4.83 UYU 194

Imported Beer (0.33 liter bottle)

$3.80 UYU 152

Milk (1 liter)

$1.36 UYU 54.8

$0.43 BOB 5.05

216.28%

White Bread (500g)

$2.87 UYU 115

$2.48 BOB 28.78

15.73%

Rice (white) (1kg)

$1.75 UYU 70.2

$0.40 BOB 4.67

337.50%

Eggs

$4.68 UYU 188

$2.04 BOB 23.70

129.41%

Local Cheese (1kg)

$13.88 UYU 557

$2.09 BOB 24.25

564.11%

Chicken Fillets (1kg)

$11.98 UYU 481

$1.48 BOB 17.17

709.46%

Beef Round Steak (1kg)

$11.97 UYU 480

$2.46 BOB 28.51

386.59%

Apples (1kg)

$2.78 UYU 111

$1.68 BOB 19.50

65.48%

Banana (1kg)

$2.74 UYU 110

$1.29 BOB 15.02

112.40%

Oranges (1kg)

$1.77 UYU 71.2

$0.81 BOB 9.46

118.52%

Tomato (1kg)

$3.24 UYU 130

$0.57 BOB 6.63

468.42%

Potato (1kg)

$1.97 UYU 79.2

$0.88 BOB 10.20

123.86%

Onion (1kg)

$2.07 UYU 83.1

$0.43 BOB 5.01

381.40%

Lettuce (1 head)

$1.37 UYU 55.1

$0.33 BOB 3.81

315.15%

Water (1.5 liter bottle)

$1.88 UYU 75.3

$0.66 BOB 7.65

184.85%

Cigarettes 20 Pack (Marlboro, Camel)

$5.59 UYU 224

$1.04 BOB 12.05

437.50%

Wine (Bottle)

$8.78 UYU 352

$4.34 BOB 50.4

102.30%

Local Beer (0.5 liter bottle)

$2.26 UYU 90.9

$1.03 BOB 11.93

119.42%

Imported Beer (0.33 liter bottle)

$2.75 UYU 110

One-way Ticket (Public Transport)

$1.53 UYU 61.5

Public Transport Monthly Pass (Regular Price)

$74.3 UYU 2,980

Taxi Start (Normal Tariff)

$1.91 UYU 76.7

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.18

Taxi 1hour Waiting (Normal Tariff)

$10.33 UYU 415

Gasoline (1 liter)

$2.13 UYU 85.6

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

$27.1K UYU 1.1M

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

$36.3K UYU 1.5M

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

$188 UYU 7,557

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

$20.54 UYU 824

Internet (50+ Mbps, Unlimited Data)

$44.81 UYU 1,798

Gym Membership (Monthly)

$54.0 UYU 2,166

Tennis Court (1 Hour on Weekend)

$19.75 UYU 793

Cinema Ticket

$11.95 UYU 480

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

$634 UYU 25.5K

International Primary School, 1 Child (Yearly)

$11.1K UYU 443.6K

Jeans (Levis 501 Or Similar)

$102 UYU 4,099

Summer Dress (H&M, Zara, etc)

$57.5 UYU 2,309

Sport Shoes (Adidas, Nike)

$127 UYU 5,079

Men's Leather Business Shoes

$128 UYU 5,131

1-bedroom Apartment, City Center (Monthly)

$719 UYU 28.8K

1-bedroom Apartment, Outside City Center (Monthly)

$568 UYU 22.8K

3-bedroom Apartment, City Center (Monthly)

$1,145 UYU 46.0K

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 UYU 41.1K

Buy Apartment in City Center (m2)

$3,392 UYU 136.1K

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

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

Last update for Montevideo: October 12, 2026

Last update for San Ignacio de Velasco: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Montevideo

$568 32.1%

San Ignacio de Velasco

–

Groceries & Markets

Montevideo

$332 18.7%

San Ignacio de Velasco

–

Eating Out

Montevideo

$269 15.2%

San Ignacio de Velasco

–

Monthly Utilities & Internet

Montevideo

$254 14.3%

San Ignacio de Velasco

–

Clothing & Footwear

Montevideo

$186 10.5%

San Ignacio de Velasco

–

Getting Around

Montevideo

$84 4.8%

San Ignacio de Velasco

–

Sport & Entertainment

Montevideo

$78 4.4%

San Ignacio de Velasco

–

Good to know

🇺🇾 Montevideo

🇧🇴 San Ignacio de Velasco

🕒 Local time

20:40 8:40 PM

19:40 7:40 PM

1 h behind Montevideo

🌤 Weather

👥 Population

1,319,108 Capital

31,594

💱 Currency

Uruguayan Peso UYU $U

Bolivian Boliviano BOB Bs.

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

100 BOB = 8.61 USD

100 BOB = 7.66 EUR

Exchange rates and currency converter

BOB, 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 = 45.12 UYU (100 UYU = 2.22 EUR).

Bolivian Boliviano exchange rates as of October 17, 2026: 1 USD = 11.61 BOB (100 BOB = 8.61 USD). 1 EUR = 13.05 BOB (100 BOB = 7.66 EUR).

USD to UYU in detail →

On the map

Lowest

Highest

Between locations

Montevideo San Ignacio de Velasco 2,110 km ≈ 3 h 15 min nonstop flight

From you

Montevideo
San Ignacio de Velasco

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 San Ignacio de Velasco: Cost of Living - Frequently Asked Questions

Yes – Montevideo is pricier by about 1528%, 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 $163 in San Ignacio de Velasco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,771 in Montevideo and $109 in San Ignacio de Velasco. That's a gap of about 1528%.

Groceries cost about 205% 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 San Ignacio de Velasco, where all-in costs run around $109, than in Montevideo at $1,771. In San Ignacio de Velasco it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

Families tend to lean toward San Ignacio de Velasco – 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 San Ignacio de Velasco. 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.