😐A single person spends $2,574 per month in Richmond, KY vs $1,661 in Montevideo, rent included.
😐A couple spends around $3,654 per month in Richmond, KY vs $2,471 in Montevideo, rent included.
😐A family of three spends $4,733 per month in Richmond, KY vs $3,281 in Montevideo, rent included.
😐Richmond, KY costs about 55% more than Montevideo, driven mainly by Getting Around.
📊Both Richmond, KY and Montevideo sit above the global median – Richmond, KY by 93%, Montevideo by 24%.
Currency
🍽 Eating Out
Richmond, KY
Montevideo
Difference
Meal at Budget Restaurant
$9.92$9.92
$16.41UYU 659
-39.55%
Three-Course Dinner for Two, Mid-Range
$40.32$40.32
$54.5UYU 2,187
-25.98%
Fast Food Meal(McDonalds, etc)
$8.06$8.06
$12.00UYU 482
-32.83%
Cappuccino
$5.79$5.79
$4.13UYU 166
40.19%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$2.54$2.54
$2.24UYU 89.8
13.39%
Water(0.33 liter bottle)
$2.47$2.47
$1.77UYU 70.9
39.55%
Local Beer(0.5 liter draught)
$6.66$6.66
$4.42UYU 177
50.68%
Imported Beer(0.33 liter bottle)
$6.41$6.41
$3.77UYU 151
70.03%
🛒 Groceries & Markets
Richmond, KY
Montevideo
Difference
Milk(1 liter)
$1.02$1.02
$1.23UYU 49.31
-17.07%
White Bread(500g)
$3.62$3.62
$2.87UYU 115
26.13%
Rice(white)(1kg)
$3.90$3.90
$1.59UYU 63.9
145.28%
Eggs
$3.80$3.80
$4.91UYU 197
-22.61%
Local Cheese(1kg)
$10.13$10.13
$13.33UYU 535
-24.01%
Chicken Fillets(1kg)
$8.58$8.58
$10.90UYU 438
-21.28%
Beef Round Steak(1kg)
$15.93$15.93
$11.12UYU 446
43.26%
Apples(1kg)
$6.22$6.22
$3.01UYU 121
106.64%
Banana(1kg)
$1.38$1.38
$2.47UYU 99.3
-44.13%
Oranges(1kg)
$2.59$2.59
$1.49UYU 59.6
73.83%
Tomato(1kg)
$5.24$5.24
$3.73UYU 150
40.48%
Potato(1kg)
$2.23$2.23
$2.10UYU 84.3
6.19%
Onion(1kg)
$4.56$4.56
$1.87UYU 75.1
143.85%
Lettuce(1 head)
$2.33$2.33
$1.37UYU 55.0
70.07%
Water(1.5 liter bottle)
$2.15$2.15
$1.65UYU 66.4
30.30%
Cigarettes 20 Pack(Marlboro, Camel)
$8.65$8.65
$5.11UYU 205
69.28%
Wine(Bottle)
$15.10$15.10
$8.74UYU 351
72.77%
Local Beer(0.5 liter bottle)
$1.82$1.82
$2.27UYU 91.1
-19.82%
Imported Beer(0.33 liter bottle)
$2.85$2.85
$2.99UYU 120
-4.68%
🚌 Getting Around
Richmond, KY
Montevideo
Difference
One-way Ticket(Public Transport)
$1.99$1.99
$1.29UYU 51.9
54.26%
Public Transport Monthly Pass(Regular Price)
-
$56.3UYU 2,259
-
Taxi Start(Normal Tariff)
$4.94$4.94
$1.57UYU 62.8
214.65%
Taxi(Normal Tariff)(1km)
$1.60$1.60
$3.45UYU 139
-53.62%
Taxi 1hour Waiting(Normal Tariff)
$29.65$29.65
$12.40UYU 498
139.11%
Gasoline(1 liter)
$0.78$0.78
$1.88UYU 75.7
-58.51%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.0K$30.0K
$34.8KUYU 1.4M
-13.77%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.9K$25.9K
$36.8KUYU 1.5M
-29.79%
🧾 Monthly Utilities & Internet
Richmond, KY
Montevideo
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$237$237
$170UYU 6,835
39.17%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$54.7$54.7
$16.69UYU 670
227.86%
Internet(50+ Mbps, Unlimited Data)
$66.7$66.7
$48.56UYU 1,949
37.31%
🎉 Sport & Entertainment
Richmond, KY
Montevideo
Difference
Gym Membership(Monthly)
$43.36$43.36
$61.2UYU 2,455
-29.10%
Tennis Court(1 Hour on Weekend)
-
$17.22UYU 691
-
Cinema Ticket
$14.68$14.68
$10.35UYU 416
41.84%
🧸 Childcare & Education
Richmond, KY
Montevideo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$1,129$1,129
$478UYU 19.2K
135.98%
International Primary School, 1 Child(Yearly)
$21.3K$21.3K
$9,037UYU 362.8K
135.22%
👕👟 Clothing & Footwear
Richmond, KY
Montevideo
Difference
Jeans(Levis 501 Or Similar)
$55.4$55.4
$94.2UYU 3,782
-41.23%
Summer Dress(H&M, Zara, etc)
$59.8$59.8
$47.87UYU 1,921
24.94%
Sport Shoes(Adidas, Nike)
$108$108
$113UYU 4,517
-3.79%
Men's Leather Business Shoes
$123$123
$125UYU 5,034
-1.99%
🏠 Accommodation & Living
Richmond, KY
Montevideo
Difference
1-bedroom Apartment, City Center(Monthly)
$1,618$1,618
$615UYU 24.7K
163.13%
1-bedroom Apartment, Outside City Center(Monthly)
$1,376$1,376
$483UYU 19.4K
184.91%
3-bedroom Apartment, City Center(Monthly)
$2,613$2,613
$1,080UYU 43.3K
142.00%
3-bedroom Apartment, Outside City Center(Monthly)
$2,206$2,206
$824UYU 33.1K
167.83%
Buy Apartment in City Center(m2)
$1,890$1,890
$3,631UYU 145.7K
-47.94%
Buy Apartment Outside City Center(m2)
$1,898$1,898
$2,309UYU 92.7K
-17.79%
💵 Salaries & Financials
Richmond, KY
Montevideo
Difference
Average Monthly Net Salary(After Tax)
$2,969$2,969
$1,318UYU 52.9K
125.29%
20-Year Fixed Mortgage Interest Rate(Annual %)
6.59
5.68
16.02%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Richmond, KY: July 21, 2026
Last update for Montevideo: July 22, 2026
Cost Breakdown
🏠A central one-bedroom costs $1,618 in Richmond, KY versus $615 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 125% higher in Richmond, KY, 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 $40.00 in Richmond, KY versus $54.0 in Montevideo. Groceries tell a different story – $370 in Richmond, KY vs $320 in Montevideo – so Montevideo wins on supermarket bills even if dining out costs more.
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
Richmond, KY vs Montevideo: Cost of Living - Frequently Asked Questions
Is Montevideo cheaper than Richmond, KY?
Yes – Richmond, KY is pricier by about 55%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,861 per month in Richmond, KY and $2,491 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.
Is eating out cheaper in Richmond, KY or in Montevideo?
A mid-range dinner for two costs $40.00 in Richmond, KY and $54.0 in Montevideo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Richmond, KY and in Montevideo?
Groceries cost about 16% more in Richmond, KY, 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 Richmond, KY or in Montevideo?
A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,661, than in Richmond, KY at $2,574. In Montevideo it covers expenses comfortably, while in Richmond, KY it requires careful planning or may not stretch far enough.
Is Richmond, KY 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, Richmond, KY 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, Richmond, KY makes more sense. Both are solid long-term options with distinct trade-offs.
Richmond, KY vs other spots: cost of living compared