Cost of Living Comparison Between Montevideo and Volos Cost of Living Comparison Between Montevideo and Volos

Monthly Cost of Living

A single person spends $1,632 per month in Montevideo vs $1,580 in Volos, rent included.

A couple spends around $2,480 per month in Montevideo vs $2,366 in Volos, rent included.

A family of three spends $3,329 per month in Montevideo vs $3,151 in Volos, rent included.

Montevideo costs about 3% more than Volos, driven mainly by Eating Out.

Both Montevideo and Volos sit above the global median – Montevideo by 22%, Volos by 18%.

Meal at Budget Restaurant

$15.85 UYU 638

$23.57 €20.29

-32.75%

Three-Course Dinner for Two, Mid-Range

$54.6 UYU 2,197

$46.55 €40.09

17.19%

Fast Food Meal (McDonalds, etc)

$12.12 UYU 488

$8.74 €7.52

38.67%

Cappuccino

$4.23 UYU 170

$4.09 €3.52

3.42%

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

$2.19 UYU 88.1

$2.42 €2.08

-9.50%

Water (0.33 liter bottle)

$1.69 UYU 68.2

$0.57 €0.49

196.49%

Local Beer (0.5 liter draught)

$4.52 UYU 182

$5.64 €4.86

-19.86%

Imported Beer (0.33 liter bottle)

$3.60 UYU 145

$5.70 €4.91

-36.84%

Milk (1 liter)

$1.27 UYU 51.3

$1.68 €1.44

-24.40%

White Bread (500g)

$2.77 UYU 112

$1.57 €1.36

76.43%

Rice (white) (1kg)

$1.58 UYU 63.8

$2.89 €2.48

-45.33%

Eggs

$4.79 UYU 193

$4.33 €3.73

10.62%

Local Cheese (1kg)

$13.41 UYU 540

$14.24 €12.26

-5.83%

Chicken Fillets (1kg)

$10.67 UYU 430

$10.97 €9.44

-2.73%

Beef Round Steak (1kg)

$11.24 UYU 452

$15.58 €13.41

-27.86%

Apples (1kg)

$3.00 UYU 121

$2.43 €2.09

23.46%

Banana (1kg)

$2.43 UYU 98.0

$2.09 €1.80

16.27%

Oranges (1kg)

$1.54 UYU 62.2

$1.71 €1.47

-9.94%

Tomato (1kg)

$3.66 UYU 148

$2.17 €1.87

68.66%

Potato (1kg)

$2.11 UYU 84.8

$0.96 €0.83

119.79%

Onion (1kg)

$1.89 UYU 75.9

$1.06 €0.91

78.30%

Lettuce (1 head)

$1.37 UYU 55.0

$0.88 €0.76

55.68%

Water (1.5 liter bottle)

$1.71 UYU 68.9

$0.97 €0.84

76.29%

Cigarettes 20 Pack (Marlboro, Camel)

$5.10 UYU 205

$5.55 €4.78

-8.11%

Wine (Bottle)

$10.05 UYU 405

$9.32 €8.03

7.83%

Local Beer (0.5 liter bottle)

$2.36 UYU 94.9

$2.60 €2.24

-9.23%

Imported Beer (0.33 liter bottle)

$2.92 UYU 118

$3.15 €2.71

-7.30%

One-way Ticket (Public Transport)

$1.29 UYU 52.0

$1.54 €1.33

-16.23%

Public Transport Monthly Pass (Regular Price)

$55.8 UYU 2,247

$60.3 €51.9

-7.45%

Taxi Start (Normal Tariff)

$1.60 UYU 64.3

$4.10 €3.53

-60.98%

Taxi (Normal Tariff) (1km)

$3.63 UYU 146

Taxi 1hour Waiting (Normal Tariff)

$12.43 UYU 500

$19.93 €17.16

-37.63%

Gasoline (1 liter)

$1.81 UYU 73.0

$2.15 €1.85

-15.81%

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

$34.5K UYU 1.4M

$30.9K €26.6K

11.55%

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

$36.0K UYU 1.4M

$25.1K €21.6K

43.26%

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

$170 UYU 6,864

$235 €202

-27.51%

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

$16.51 UYU 665

$24.30 €20.92

-32.06%

Internet (50+ Mbps, Unlimited Data)

$49.77 UYU 2,004

$35.60 €30.66

39.80%

Gym Membership (Monthly)

$61.8 UYU 2,489

$60.9 €52.4

1.49%

Tennis Court (1 Hour on Weekend)

$17.67 UYU 711

$48.38 €41.66

-63.48%

Cinema Ticket

$10.45 UYU 421

$9.45 €8.14

10.58%

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

$482 UYU 19.4K

$277 €238

74.29%

International Primary School, 1 Child (Yearly)

$8,873 UYU 357.3K

$6,018 €5,182

47.43%

Jeans (Levis 501 Or Similar)

$94.9 UYU 3,821

$116 €100

-18.52%

Summer Dress (H&M, Zara, etc)

$47.22 UYU 1,902

$53.6 €46.16

-11.90%

Sport Shoes (Adidas, Nike)

$112 UYU 4,502

$82.7 €71.2

35.16%

Men's Leather Business Shoes

$123 UYU 4,964

$86.3 €74.3

42.79%

1-bedroom Apartment, City Center (Monthly)

$628 UYU 25.3K

$454 €391

38.20%

1-bedroom Apartment, Outside City Center (Monthly)

$492 UYU 19.8K

$369 €318

33.29%

3-bedroom Apartment, City Center (Monthly)

$1,112 UYU 44.8K

$654 €563

70.04%

3-bedroom Apartment, Outside City Center (Monthly)

$801 UYU 32.2K

$574 €494

39.47%

Buy Apartment in City Center (m2)

$3,582 UYU 144.2K

$2,596 €2,235

37.97%

Buy Apartment Outside City Center (m2)

$2,272 UYU 91.5K

$1,698 €1,462

33.80%

Average Monthly Net Salary (After Tax)

$1,334 UYU 53.7K

$1,048 €903

27.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.68

4.47

27.07%

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

Last update for Montevideo: May 31, 2026

Last update for Volos: May 31, 2026

Cost Breakdown

A central one-bedroom costs $628 in Montevideo versus $454 in Volos. 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 27% higher in Montevideo, 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 $55.0 in Montevideo versus $47.00 in Volos. Monthly groceries follow the same trend: $321 vs $306 – making Volos the more affordable choice for daily food spending.

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 Volos: Cost of Living - Frequently Asked Questions

Yes – Montevideo is pricier by about 3%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,448 per month in Montevideo and $2,370 in Volos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Volos, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $482 per month in Montevideo and $277 in Volos. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 5% 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 $2,000 monthly budget goes further in Volos, where all-in costs run around $1,580, than in Montevideo at $1,632. In Volos it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

Families tend to lean toward Volos – 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 Volos. 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.