Last update: Oct 2026

Cost of Living Comparison Between Nassau and Montevideo

For one person, living is cheaper in Montevideo: $1,813 a month against $4,276 in Nassau, rent and utilities included – about $29,600 less a year. Rent and utilities account for most of the difference.

Nassau
🇧🇸 Bahamas
$4,276
/mo nomad
Montevideo
🇺🇾 Uruguay
$1,813
/mo nomad
Monthly Cost of Living

How much you'll spend in Nassau and in Montevideo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Nassau and in Montevideo actually costs, broken down by who's living it.

A single person spends $4,276 per month in Nassau vs $1,813 in Montevideo, rent included.

  • Nassau $4,276
  • Montevideo $1,813

A couple spends around $6,846 per month in Nassau vs $2,782 in Montevideo, rent included.

  • Nassau $6,846
  • Montevideo $2,782

A family of three spends $9,416 per month in Nassau vs $3,750 in Montevideo, rent included.

  • Nassau $9,416
  • Montevideo $3,750

Nassau costs about 136% more than Montevideo, and outside of rent the biggest gap is in groceries.

Both Nassau and Montevideo sit above the global median – Nassau by 219%, Montevideo by 35%.

Currency
🍽 Eating Out
Nassau
Montevideo
Difference
Meal at Budget Restaurant
$39.41 BSD 39.41
$15.26 UYU 613
158.26%
Three-Course Dinner for Two, Mid-Range
$199 BSD 199
$67.4 UYU 2,711
194.69%
Fast Food Meal (McDonalds, etc)
$11.90 BSD 11.90
$14.37 UYU 578
-17.19%
Cappuccino
$5.63 BSD 5.63
$4.64 UYU 187
21.34%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.32 BSD 3.32
$2.73 UYU 110
21.61%
Water (0.33 liter bottle)
$1.94 BSD 1.94
$2.09 UYU 84.0
-7.18%
Local Beer (0.5 liter draught)
$4.99 BSD 4.99
$4.75 UYU 191
5.05%
Imported Beer (0.33 liter bottle)
$8.92 BSD 8.92
$3.67 UYU 147
143.05%
🛒 Groceries & Markets
Nassau
Montevideo
Difference
Milk (1 liter)
$4.04 BSD 4.04
$1.38 UYU 55.5
192.75%
White Bread (500g)
$5.65 BSD 5.65
$2.77 UYU 112
103.97%
Rice (white) (1kg)
$6.88 BSD 6.88
$1.69 UYU 67.8
307.10%
Eggs
$7.42 BSD 7.42
$4.52 UYU 182
64.16%
Local Cheese (1kg)
$10.53 BSD 10.53
$14.17 UYU 570
-25.69%
Chicken Fillets (1kg)
$18.50 BSD 18.50
$12.07 UYU 485
53.27%
Beef Round Steak (1kg)
$26.89 BSD 26.89
$12.16 UYU 489
121.13%
Apples (1kg)
$5.67 BSD 5.67
$2.87 UYU 116
97.56%
Banana (1kg)
$3.56 BSD 3.56
$2.75 UYU 110
29.45%
Oranges (1kg)
$5.24 BSD 5.24
$1.73 UYU 69.5
202.89%
Tomato (1kg)
$10.54 BSD 10.54
$3.24 UYU 130
225.31%
Potato (1kg)
$2.91 BSD 2.91
$2.07 UYU 83.1
40.58%
Onion (1kg)
$5.45 BSD 5.45
$2.07 UYU 83.1
163.29%
Lettuce (1 head)
$4.82 BSD 4.82
$1.38 UYU 55.4
249.28%
Water (1.5 liter bottle)
$2.82 BSD 2.82
$1.85 UYU 74.5
52.43%
Cigarettes 20 Pack (Marlboro, Camel)
$15.19 BSD 15.19
$5.57 UYU 224
172.71%
Wine (Bottle)
$34.45 BSD 34.45
$8.89 UYU 357
287.51%
Local Beer (0.5 liter bottle)
$5.52 BSD 5.52
$2.29 UYU 92.2
141.05%
Imported Beer (0.33 liter bottle)
$4.85 BSD 4.85
$2.70 UYU 109
79.63%
🚌 Getting Around
Nassau
Montevideo
Difference
One-way Ticket (Public Transport)
$2.56 BSD 2.56
$1.52 UYU 61.3
68.42%
Public Transport Monthly Pass (Regular Price)
$153 BSD 153
$73.7 UYU 2,962
107.10%
Taxi Start (Normal Tariff)
$7.80 BSD 7.80
$1.82 UYU 73.4
328.57%
Taxi (Normal Tariff) (1km)
$3.04 BSD 3.04
$0.40 UYU 16.05
660.00%
Taxi 1hour Waiting (Normal Tariff)
$49.61 BSD 49.61
$10.66 UYU 429
365.38%
Gasoline (1 liter)
$1.55 BSD 1.55
$2.22 UYU 89.2
-30.18%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.4K BSD 30.4K
$26.7K UYU 1.1M
13.74%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$43.0K BSD 43.0K
$36.7K UYU 1.5M
17.00%
🧾 Monthly Utilities & Internet
Nassau
Montevideo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$397 BSD 397
$191 UYU 7,674
108.11%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$72.6 BSD 72.6
$20.40 UYU 820
255.88%
Internet (50+ Mbps, Unlimited Data)
$110 BSD 110
$44.14 UYU 1,775
149.61%
🎉 Sport & Entertainment
Nassau
Montevideo
Difference
Gym Membership (Monthly)
$195 BSD 195
$54.1 UYU 2,177
260.38%
Tennis Court (1 Hour on Weekend)
$43.44 BSD 43.44
$19.68 UYU 791
120.73%
Cinema Ticket
$19.95 BSD 19.95
$12.33 UYU 496
61.80%
🧸 Childcare & Education
Nassau
Montevideo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$865 BSD 865
$613 UYU 24.7K
41.02%
International Primary School, 1 Child (Yearly)
$16.7K BSD 16.7K
$11.0K UYU 444.3K
50.82%
👕👟 Clothing & Footwear
Nassau
Montevideo
Difference
Jeans (Levis 501 Or Similar)
$48.13 BSD 48.13
$103 UYU 4,134
-53.19%
Summer Dress (H&M, Zara, etc)
$120 BSD 120
$56.1 UYU 2,255
113.18%
Sport Shoes (Adidas, Nike)
$128 BSD 128
$124 UYU 5,000
3.14%
Men's Leather Business Shoes
$135 BSD 135
$130 UYU 5,214
4.21%
🏠 Accommodation & Living
Nassau
Montevideo
Difference
1-bedroom Apartment, City Center (Monthly)
$1,487 BSD 1,487
$705 UYU 28.4K
110.84%
1-bedroom Apartment, Outside City Center (Monthly)
$1,995 BSD 1,995
$575 UYU 23.1K
246.65%
3-bedroom Apartment, City Center (Monthly)
$4,733 BSD 4,733
$1,139 UYU 45.8K
315.72%
3-bedroom Apartment, Outside City Center (Monthly)
$3,863 BSD 3,863
$1,016 UYU 40.8K
280.37%
Buy Apartment in City Center (m2)
$5,409 BSD 5,409
$3,349 UYU 134.6K
61.54%
Buy Apartment Outside City Center (m2)
$3,329 BSD 3,329
$1,942 UYU 78.1K
71.44%
💵 Salaries & Financials
Nassau
Montevideo
Difference
Average Monthly Net Salary (After Tax)
$3,391 BSD 3,391
$1,229 UYU 49.4K
175.84%
20-Year Fixed Mortgage Interest Rate (Annual %)
7.38
5.74
28.57%

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

Last update for Nassau: October 4, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Nassau
$2K
Montevideo
$575 71.2% $1.4K
Groceries & Markets
Nassau
$661
Montevideo
$332 49.7% $329
Monthly Utilities & Internet
Nassau
$580
Montevideo
$255 56% $325
Eating Out
Nassau
$482
Montevideo
$271 43.8% $211
Sport & Entertainment
Nassau
$235
Montevideo
$79 66.5% $156
Clothing & Footwear
Nassau
$194
Montevideo
$186 4.2% $8.2
Getting Around
Nassau
$186
Montevideo
$84 55% $102

Cost Breakdown

A central one-bedroom costs $1,487 in Nassau versus $705 in Montevideo. 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 176% higher in Nassau, 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 $199 in Nassau versus $67.0 in Montevideo. Monthly groceries follow the same trend: $661 vs $332 – making Montevideo the more affordable choice for daily food spending.

Good to know
🇧🇸 Nassau
🇺🇾 Montevideo
🕒 Local time
06:27 6:27 AM
07:27 7:27 AM
1 h ahead of Nassau
🌤 Weather
👥 Population
259,300 Capital
1,319,108 Capital
💱 Currency
Exchange rates and currency converter

UYU, USD, EUR to BSD – Bahamian Dollar Converter

Bahamian Dollar exchange rates as of October 10, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.892 EUR).

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).

On the map
Between locations
  • Nassau Montevideo 7,030 km ≈ 9 h nonstop flight
From you
  • Nassau
  • Montevideo

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
Nassau vs Montevideo: Cost of Living - Frequently Asked Questions
Is Montevideo cheaper than Nassau?
Yes – Nassau is pricier by about 136%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $6,413 per month in Nassau and $2,720 in Montevideo. 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 $865 per month in Nassau and $613 in Montevideo. For families with young kids, this one expense can tip the scales when choosing between the two cities.
How do food prices compare in Nassau and in Montevideo?
Groceries cost about 99% more in Nassau, 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 Nassau or in Montevideo?
A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,813, than in Nassau at $4,276. In Montevideo it covers expenses comfortably, while in Nassau it requires careful planning or may not stretch far enough.
Is Nassau or Montevideo 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, Nassau or Montevideo?
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, Nassau makes more sense. Both are solid long-term options with distinct trade-offs.

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