Last update: Oct 2026

Cost of Living Comparison Between New Providence and Montevideo

For one person, living is cheaper in Montevideo: $1,813 a month against $2,134 in New Providence, rent and utilities included – about $3,900 less a year. The total is higher in New Providence despite lower rent and utilities.

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Cost of Living Index in Montevideo
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Montevideo Living Index

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New Providence

🇧🇸 Bahamas

$2,134

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Monthly Cost of Living

How much you'll spend in New Providence 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 New Providence and in Montevideo actually costs, broken down by who's living it.

A single person spends $2,134 per month in New Providence vs $1,813 in Montevideo, rent included.

New Providence $2,134
Montevideo $1,813

A couple spends around $5,196 per month in New Providence vs $2,782 in Montevideo, rent included.

New Providence $5,196
Montevideo $2,782

A family of three spends $8,257 per month in New Providence vs $3,750 in Montevideo, rent included.

New Providence $8,257
Montevideo $3,750

New Providence costs about 18% more than Montevideo, and outside of rent the biggest gap is in eating out.

Both New Providence and Montevideo sit above the global median – New Providence by 59%, Montevideo by 35%.

Meal at Budget Restaurant

$74.6 BSD 74.6

$15.26 UYU 613

388.93%

Three-Course Dinner for Two, Mid-Range

$151 BSD 151

$67.4 UYU 2,711

124.28%

Fast Food Meal (McDonalds, etc)

$14.37 UYU 578

Cappuccino

$5.40 BSD 5.40

$4.64 UYU 187

16.38%

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

$2.73 UYU 110

Water (0.33 liter bottle)

$2.09 UYU 84.0

Local Beer (0.5 liter draught)

$4.75 UYU 191

Imported Beer (0.33 liter bottle)

$3.67 UYU 147

Milk (1 liter)

$2.17 BSD 2.17

$1.38 UYU 55.5

57.25%

White Bread (500g)

$4.91 BSD 4.91

$2.77 UYU 112

77.26%

Rice (white) (1kg)

$5.05 BSD 5.05

$1.69 UYU 67.8

198.82%

Eggs

$10.12 BSD 10.12

$4.52 UYU 182

123.89%

Local Cheese (1kg)

$19.69 BSD 19.69

$14.17 UYU 570

38.96%

Chicken Fillets (1kg)

$10.09 BSD 10.09

$12.07 UYU 485

-16.40%

Beef Round Steak (1kg)

$20.37 BSD 20.37

$12.16 UYU 489

67.52%

Apples (1kg)

$4.45 BSD 4.45

$2.87 UYU 116

55.05%

Banana (1kg)

$6.10 BSD 6.10

$2.75 UYU 110

121.82%

Oranges (1kg)

$7.17 BSD 7.17

$1.73 UYU 69.5

314.45%

Tomato (1kg)

$4.02 BSD 4.02

$3.24 UYU 130

24.07%

Potato (1kg)

$4.02 BSD 4.02

$2.07 UYU 83.1

94.20%

Onion (1kg)

$2.95 BSD 2.95

$2.07 UYU 83.1

42.51%

Lettuce (1 head)

$2.95 BSD 2.95

$1.38 UYU 55.4

113.77%

Water (1.5 liter bottle)

$2.93 BSD 2.93

$1.85 UYU 74.5

58.38%

Cigarettes 20 Pack (Marlboro, Camel)

$15.16 BSD 15.16

$5.57 UYU 224

172.17%

Wine (Bottle)

$25.37 BSD 25.37

$8.89 UYU 357

185.38%

Local Beer (0.5 liter bottle)

$3.72 BSD 3.72

$2.29 UYU 92.2

62.45%

Imported Beer (0.33 liter bottle)

$4.08 BSD 4.08

$2.70 UYU 109

51.11%

One-way Ticket (Public Transport)

$1.52 UYU 61.3

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

Taxi Start (Normal Tariff)

$1.82 UYU 73.4

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.05

Taxi 1hour Waiting (Normal Tariff)

$10.66 UYU 429

Gasoline (1 liter)

$1.76 BSD 1.76

$2.22 UYU 89.2

-20.72%

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

$26.7K UYU 1.1M

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

$36.7K UYU 1.5M

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

$191 UYU 7,674

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

$40.39 BSD 40.39

$20.40 UYU 820

97.99%

Internet (50+ Mbps, Unlimited Data)

$100 BSD 100

$44.14 UYU 1,775

126.89%

Gym Membership (Monthly)

$76.5 BSD 76.5

$54.1 UYU 2,177

41.28%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

Cinema Ticket

$14.72 BSD 14.72

$12.33 UYU 496

19.38%

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

$1,525 BSD 1,525

$613 UYU 24.7K

148.78%

International Primary School, 1 Child (Yearly)

$14.8K BSD 14.8K

$11.0K UYU 444.3K

34.24%

Jeans (Levis 501 Or Similar)

$103 UYU 4,134

Summer Dress (H&M, Zara, etc)

$56.1 UYU 2,255

Sport Shoes (Adidas, Nike)

$124 UYU 5,000

Men's Leather Business Shoes

$130 UYU 5,214

1-bedroom Apartment, City Center (Monthly)

$1,518 BSD 1,518

$705 UYU 28.4K

115.18%

1-bedroom Apartment, Outside City Center (Monthly)

$692 BSD 692

$575 UYU 23.1K

20.25%

3-bedroom Apartment, City Center (Monthly)

$1,139 UYU 45.8K

3-bedroom Apartment, Outside City Center (Monthly)

$4,529 BSD 4,529

$1,016 UYU 40.8K

345.88%

Buy Apartment in City Center (m2)

$3,349 UYU 134.6K

Buy Apartment Outside City Center (m2)

$1,942 UYU 78.1K

Average Monthly Net Salary (After Tax)

$1,229 UYU 49.4K

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 New Providence: October 6, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure

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

Accommodation & Living

New Providence

–

Montevideo

$575 32.3%

Groceries & Markets

New Providence

–

Montevideo

$332 18.7%

Eating Out

New Providence

–

Montevideo

$271 15.2%

Monthly Utilities & Internet

New Providence

–

Montevideo

$255 14.3%

Clothing & Footwear

New Providence

–

Montevideo

$186 10.4%

Getting Around

New Providence

–

Montevideo

$84 4.7%

Sport & Entertainment

New Providence

–

Montevideo

$79 4.4%

Cost Breakdown

A central one-bedroom costs $1,518 in New Providence 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.

A mid-range dinner for two costs $151 in New Providence versus $67.0 in Montevideo. Monthly groceries follow the same trend: $552 vs $332 – making Montevideo the more affordable choice for daily food spending.

Good to know

🇧🇸 New Providence

🇺🇾 Montevideo

🕒 Local time

02:30 2:30 AM

03:30 3:30 AM

1 h ahead of New Providence

🌤 Weather

👥 Population

296,522

1,319,108 Capital

💱 Currency

Bahamian Dollar BSD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 BSD = 1 USD

1 BSD = 0.892 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to BSD – Bahamian Dollar Converter

🇺🇸 United States Dollar ($)

🇧🇸 Bahamian Dollar ($)

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 = 45.1 UYU (100 UYU = 2.22 EUR).

USD to BSD in detail →

On the map

Lowest

Highest

Between locations

New Providence Montevideo 7,040 km ≈ 9 h nonstop flight

From you

New Providence
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

New Providence vs Montevideo: Cost of Living - Frequently Asked Questions

Yes – New Providence is pricier by about 18%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,201 per month in New Providence and $2,720 in Montevideo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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.

A mid-range dinner for two costs $151 in New Providence and $67.0 in Montevideo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 66% more in New Providence, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,813, than in New Providence at $2,134. In Montevideo it covers expenses comfortably, while in New Providence it requires careful planning or may not stretch far enough.

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.

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 Montevideo. If higher salaries, better infrastructure, or specific career opportunities are the priority, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.