Last update: Oct 2026

Cost of Living Comparison Between Okotoks and Montevideo

For one person, living is cheaper in Montevideo: $1,771 a month against $2,211 in Okotoks, rent and utilities included – about $5,300 less a year. Higher rent and utilities in Okotoks outweigh lower spending on other living expenses.

Okotoks
🇨🇦 Canada
$2,211
/mo nomad
Montevideo
🇺🇾 Uruguay
$1,771
/mo nomad
Monthly Cost of Living

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

A single person spends $2,211 per month in Okotoks vs $1,771 in Montevideo, rent included.

  • Okotoks $2,211
  • Montevideo $1,771

A couple spends around $3,109 per month in Okotoks vs $2,740 in Montevideo, rent included.

  • Okotoks $3,109
  • Montevideo $2,740

A family of three spends $4,007 per month in Okotoks vs $3,708 in Montevideo, rent included.

  • Okotoks $4,007
  • Montevideo $3,708

Okotoks costs about 25% more than Montevideo, and outside of rent the biggest gap is in clothing.

Both Okotoks and Montevideo sit above the global median – Okotoks by 64%, Montevideo by 31%.

Currency
🍽 Eating Out
Okotoks
Montevideo
Difference
Meal at Budget Restaurant
$10.58 CA$14.95
$15.16 UYU 609
-30.21%
Three-Course Dinner for Two, Mid-Range
$75.5 CA$107
$69.2 UYU 2,776
9.18%
Fast Food Meal (McDonalds, etc)
$9.70 CA$13.71
$14.65 UYU 588
-33.79%
Cappuccino
$3.76 CA$5.32
$4.46 UYU 179
-15.70%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.60 CA$2.27
$2.67 UYU 107
-40.07%
Water (0.33 liter bottle)
$1.54 CA$2.18
$2.00 UYU 80.4
-23.00%
Local Beer (0.5 liter draught)
$5.01 CA$7.08
$4.83 UYU 194
3.73%
Imported Beer (0.33 liter bottle)
$4.83 CA$6.83
$3.80 UYU 152
27.11%
🛒 Groceries & Markets
Okotoks
Montevideo
Difference
Milk (1 liter)
$1.56 CA$2.21
$1.36 UYU 54.8
14.71%
White Bread (500g)
$2.07 CA$2.93
$2.87 UYU 115
-27.87%
Rice (white) (1kg)
$3.02 CA$4.27
$1.75 UYU 70.2
72.57%
Eggs
$3.37 CA$4.77
$4.68 UYU 188
-27.99%
Local Cheese (1kg)
$10.97 CA$15.51
$13.88 UYU 557
-20.97%
Chicken Fillets (1kg)
$11.17 CA$15.80
$11.98 UYU 481
-6.76%
Beef Round Steak (1kg)
$18.54 CA$26.21
$11.97 UYU 480
54.89%
Apples (1kg)
$3.88 CA$5.48
$2.78 UYU 111
39.57%
Banana (1kg)
$1.24 CA$1.75
$2.74 UYU 110
-54.74%
Oranges (1kg)
$4.36 CA$6.17
$1.77 UYU 71.2
146.33%
Tomato (1kg)
$4.02 CA$5.69
$3.24 UYU 130
24.07%
Potato (1kg)
$2.17 CA$3.06
$1.97 UYU 79.2
10.15%
Onion (1kg)
$1.82 CA$2.57
$2.07 UYU 83.1
-12.08%
Lettuce (1 head)
$2.39 CA$3.38
$1.37 UYU 55.1
74.45%
Water (1.5 liter bottle)
$1.76 CA$2.49
$1.88 UYU 75.3
-6.38%
Cigarettes 20 Pack (Marlboro, Camel)
$12.22 CA$17.27
$5.59 UYU 224
118.60%
Wine (Bottle)
$11.09 CA$15.68
$8.78 UYU 352
26.31%
Local Beer (0.5 liter bottle)
$3.43 CA$4.85
$2.26 UYU 90.9
51.77%
Imported Beer (0.33 liter bottle)
$2.95 CA$4.16
$2.75 UYU 110
7.27%
🚌 Getting Around
Okotoks
Montevideo
Difference
One-way Ticket (Public Transport)
$2.49 CA$3.53
$1.53 UYU 61.5
62.75%
Public Transport Monthly Pass (Regular Price)
$51.7 CA$73.1
$74.3 UYU 2,980
-30.39%
Taxi Start (Normal Tariff)
$2.83 CA$4.01
$1.91 UYU 76.7
48.17%
Taxi (Normal Tariff) (1km)
$1.33 CA$1.89
$0.40 UYU 16.18
232.50%
Taxi 1hour Waiting (Normal Tariff)
$21.30 CA$30.11
$10.33 UYU 415
106.20%
Gasoline (1 liter)
$0.98 CA$1.38
$2.13 UYU 85.6
-53.99%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.8K CA$39.3K
$27.1K UYU 1.1M
2.51%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$19.2K CA$27.2K
$36.3K UYU 1.5M
-47.01%
🧾 Monthly Utilities & Internet
Okotoks
Montevideo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$225 CA$317
$188 UYU 7,557
19.24%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$43.46 CA$61.5
$20.54 UYU 824
111.59%
Internet (50+ Mbps, Unlimited Data)
$53.2 CA$75.1
$44.81 UYU 1,798
18.61%
🎉 Sport & Entertainment
Okotoks
Montevideo
Difference
Gym Membership (Monthly)
$26.44 CA$37.38
$54.0 UYU 2,166
-51.00%
Tennis Court (1 Hour on Weekend)
-
$19.75 UYU 793
-
Cinema Ticket
$12.12 CA$17.13
$11.95 UYU 480
1.42%
🧸 Childcare & Education
Okotoks
Montevideo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$762 CA$1,077
$634 UYU 25.5K
20.12%
International Primary School, 1 Child (Yearly)
$9,643 CA$13.6K
$11.1K UYU 443.6K
-12.75%
👕👟 Clothing & Footwear
Okotoks
Montevideo
Difference
Jeans (Levis 501 Or Similar)
$40.69 CA$57.5
$102 UYU 4,099
-60.16%
Summer Dress (H&M, Zara, etc)
$45.39 CA$64.2
$57.5 UYU 2,309
-21.10%
Sport Shoes (Adidas, Nike)
$58.4 CA$82.5
$127 UYU 5,079
-53.86%
Men's Leather Business Shoes
$70.0 CA$98.9
$128 UYU 5,131
-45.28%
🏠 Accommodation & Living
Okotoks
Montevideo
Difference
1-bedroom Apartment, City Center (Monthly)
$1,183 CA$1,672
$719 UYU 28.8K
64.54%
1-bedroom Apartment, Outside City Center (Monthly)
$1,109 CA$1,568
$568 UYU 22.8K
95.28%
3-bedroom Apartment, City Center (Monthly)
$1,663 CA$2,350
$1,145 UYU 46.0K
45.19%
3-bedroom Apartment, Outside City Center (Monthly)
$1,578 CA$2,230
$1,023 UYU 41.1K
54.18%
Buy Apartment in City Center (m2)
$3,063 CA$4,331
$3,392 UYU 136.1K
-9.70%
Buy Apartment Outside City Center (m2)
$2,996 CA$4,236
$1,949 UYU 78.2K
53.72%
💵 Salaries & Financials
Okotoks
Montevideo
Difference
Average Monthly Net Salary (After Tax)
$2,894 CA$4,092
$1,245 UYU 50.0K
132.55%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.32
5.74
-24.74%

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

Last update for Okotoks: October 13, 2026

Last update for Montevideo: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Okotoks
$1.1K
Montevideo
$568 48.8% $541
Groceries & Markets
Okotoks
$357
Montevideo
$332 7.1% $25
Monthly Utilities & Internet
Okotoks
$321
Montevideo
$254 21% $67
Eating Out
Okotoks
$206
Montevideo
$269 30.5% $63
Clothing & Footwear
Okotoks
$96
Montevideo
$186 93.1% $90
Getting Around
Okotoks
$71
Montevideo
$84 18.5% $13
Sport & Entertainment
Okotoks
$51
Montevideo
$78 53.7% $27

Cost Breakdown

A central one-bedroom costs $1,183 in Okotoks versus $719 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 133% higher in Okotoks, 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 $76.0 in Okotoks versus $69.0 in Montevideo. Monthly groceries follow the same trend: $357 vs $332 – making Montevideo the more affordable choice for daily food spending.

Good to know
🇨🇦 Okotoks
🇺🇾 Montevideo
🕒 Local time
09:55 9:55 AM
12:55 12:55 PM
3 h ahead of Okotoks
🌤 Weather
👥 Population
30,214
1,319,108 Capital
💱 Currency
Exchange rates and currency converter

UYU, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Uruguayan Peso exchange rates as of October 18, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

On the map
Between locations
  • Okotoks Montevideo 11,070 km ≈ 14 h nonstop flight
From you
  • Okotoks
  • 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
Okotoks vs Montevideo: Cost of Living - Frequently Asked Questions
Is Montevideo cheaper than Okotoks?
Yes – Okotoks is pricier by about 25%, and outside of rent the gap shows up most in clothing.
What income do you need for each city?
For a comfortable life, plan on about $3,317 per month in Okotoks and $2,656 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 $762 per month in Okotoks and $634 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 Okotoks and in Montevideo?
Groceries cost about 8% more in Okotoks, 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 Okotoks or in Montevideo?
A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,771, than in Okotoks at $2,211. In Montevideo it covers expenses comfortably, while in Okotoks it requires careful planning or may not stretch far enough.
Is Okotoks 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, Okotoks 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, Okotoks makes more sense. Both are solid long-term options with distinct trade-offs.

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