Cost of Living Comparison Between Richmond, KY and Montevideo Cost of Living Comparison Between Richmond, KY and Montevideo

Monthly Cost of Living

A single person spends $2,594 per month in Richmond, KY vs $1,640 in Montevideo, rent included.

A couple spends around $3,623 per month in Richmond, KY vs $2,477 in Montevideo, rent included.

A family of three spends $4,651 per month in Richmond, KY vs $3,314 in Montevideo, rent included.

Richmond, KY costs about 58% more than Montevideo, driven mainly by Getting Around.

Both Richmond, KY and Montevideo sit above the global median โ€“ Richmond, KY by 94%, Montevideo by 22%.

Currency
๐Ÿฝ Eating Out
Richmond, KY
Montevideo
Difference
Meal at Budget Restaurant
$10.18 $10.18
$16.35 UYUย 650
-37.74%
Three-Course Dinner for Two, Mid-Range
$39.24 $39.24
$54.3 UYUย 2,161
-27.75%
Fast Food Meal (McDonalds, etc)
$7.97 $7.97
$12.15 UYUย 483
-34.40%
Cappuccino
$5.82 $5.82
$4.06 UYUย 162
43.35%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.57 $2.57
$2.27 UYUย 90.1
13.22%
Water (0.33 liter bottle)
$2.46 $2.46
$1.70 UYUย 67.7
44.71%
Local Beer (0.5 liter draught)
$6.66 $6.66
$4.51 UYUย 179
47.67%
Imported Beer (0.33 liter bottle)
$6.13 $6.13
$3.63 UYUย 144
68.87%
๐Ÿ›’ Groceries & Markets
Richmond, KY
Montevideo
Difference
Milk (1 liter)
$1.07 $1.07
$1.26 UYUย 50.3
-15.08%
White Bread (500g)
$3.62 $3.62
$2.87 UYUย 114
26.13%
Rice (white) (1kg)
$3.82 $3.82
$1.61 UYUย 64.1
137.27%
Eggs
$3.81 $3.81
$4.71 UYUย 188
-19.11%
Local Cheese (1kg)
$9.95 $9.95
$13.42 UYUย 534
-25.86%
Chicken Fillets (1kg)
$8.53 $8.53
$10.74 UYUย 427
-20.58%
Beef Round Steak (1kg)
$15.90 $15.90
$11.19 UYUย 445
42.09%
Apples (1kg)
$6.23 $6.23
$3.13 UYUย 125
99.04%
Banana (1kg)
$1.37 $1.37
$2.34 UYUย 93.3
-41.45%
Oranges (1kg)
$2.59 $2.59
$1.55 UYUย 61.8
67.10%
Tomato (1kg)
$5.36 $5.36
$3.63 UYUย 144
47.66%
Potato (1kg)
$2.26 $2.26
$2.14 UYUย 85.0
5.61%
Onion (1kg)
$4.73 $4.73
$1.96 UYUย 77.9
141.33%
Lettuce (1 head)
$2.40 $2.40
$1.36 UYUย 54.2
76.47%
Water (1.5 liter bottle)
$2.11 $2.11
$1.73 UYUย 68.9
21.97%
Cigarettes 20 Pack (Marlboro, Camel)
$8.66 $8.66
$5.09 UYUย 202
70.14%
Wine (Bottle)
$14.86 $14.86
$9.90 UYUย 394
50.10%
Local Beer (0.5 liter bottle)
$1.79 $1.79
$2.33 UYUย 92.8
-23.18%
Imported Beer (0.33 liter bottle)
$2.91 $2.91
$3.05 UYUย 121
-4.59%
๐ŸšŒ Getting Around
Richmond, KY
Montevideo
Difference
One-way Ticket (Public Transport)
$2.06 $2.06
$1.35 UYUย 53.9
52.59%
Public Transport Monthly Pass (Regular Price)
-
$55.2 UYUย 2,197
-
Taxi Start (Normal Tariff)
$5.13 $5.13
$1.61 UYUย 64.0
218.63%
Taxi (Normal Tariff) (1km)
$1.60 $1.60
$3.60 UYUย 143
-55.56%
Taxi 1hour Waiting (Normal Tariff)
$30.14 $30.14
$12.42 UYUย 494
142.67%
Gasoline (1 liter)
$0.79 $0.79
$1.85 UYUย 73.5
-57.30%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.0K $30.0K
$34.8K UYUย 1.4M
-13.95%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K $26.2K
$36.3K UYUย 1.4M
-27.85%
๐Ÿงพ Monthly Utilities & Internet
Richmond, KY
Montevideo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$235 $235
$175 UYUย 6,968
33.97%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$54.8 $54.8
$16.91 UYUย 673
224.19%
Internet (50+ Mbps, Unlimited Data)
$69.0 $69.0
$50.0 UYUย 1,989
37.90%
๐ŸŽ‰ Sport & Entertainment
Richmond, KY
Montevideo
Difference
Gym Membership (Monthly)
$42.99 $42.99
$60.6 UYUย 2,410
-29.01%
Tennis Court (1 Hour on Weekend)
-
$17.35 UYUย 691
-
Cinema Ticket
$14.69 $14.69
$10.46 UYUย 416
40.44%
๐Ÿงธ Childcare & Education
Richmond, KY
Montevideo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,138 $1,138
$494 UYUย 19.7K
130.20%
International Primary School, 1 Child (Yearly)
$20.8K $20.8K
$8,985 UYUย 357.5K
132.01%
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Richmond, KY
Montevideo
Difference
Jeans (Levis 501 Or Similar)
$54.5 $54.5
$96.1 UYUย 3,822
-43.31%
Summer Dress (H&M, Zara, etc)
$59.7 $59.7
$48.11 UYUย 1,914
24.15%
Sport Shoes (Adidas, Nike)
$107 $107
$116 UYUย 4,606
-7.46%
Men's Leather Business Shoes
$123 $123
$125 UYUย 4,959
-1.37%
๐Ÿ  Accommodation & Living
Richmond, KY
Montevideo
Difference
1-bedroom Apartment, City Center (Monthly)
$1,591 $1,591
$615 UYUย 24.5K
158.91%
1-bedroom Apartment, Outside City Center (Monthly)
$1,375 $1,375
$483 UYUย 19.2K
184.81%
3-bedroom Apartment, City Center (Monthly)
$2,640 $2,640
$1,117 UYUย 44.4K
136.35%
3-bedroom Apartment, Outside City Center (Monthly)
$2,186 $2,186
$818 UYUย 32.6K
167.22%
Buy Apartment in City Center (m2)
$1,921 $1,921
$3,484 UYUย 138.6K
-44.85%
Buy Apartment Outside City Center (m2)
$1,918 $1,918
$2,267 UYUย 90.2K
-15.40%
๐Ÿ’ต Salaries & Financials
Richmond, KY
Montevideo
Difference
Average Monthly Net Salary (After Tax)
$2,965 $2,965
$1,283 UYUย 51.0K
131.18%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.59
5.68
16.02%

CityCost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update for Richmond, KY: April 22, 2026

Last update for Montevideo: April 22, 2026

Cost Breakdown

A central one-bedroom costs $1,591 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 131% 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 $39 in Richmond, KY versus $54 in Montevideo. Groceries tell a different story โ€“ $370 in Richmond, KY vs $322 in Montevideo โ€“ 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 โ€“ Richmond, KY is pricier by about 58%, 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 $3,891 per month in Richmond, KY and $2,460 in Montevideo. That covers rent, food, utilities, transport, and enough left over to feel settled โ€“ 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 Montevideo?
A mid-range dinner for two costs $39.00 in Richmond, KY and $54.0 in Montevideo. That's a good indicator of the overall restaurant and cafรฉ pricing gap between the two cities.
How do food prices compare in Richmond, KY and Montevideo?
Groceries cost about 15% 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 Richmond, KY or Montevideo?
A $2,500 monthly budget goes further in Montevideo, where all-in costs run around $1,640, than in Richmond, KY at $2,594. 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 โ€“ 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 โ€“ 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

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