Last update: Oct 2026

Cost of Living Comparison Between San Ignacio de Velasco and Montevideo

For one person, living is cheaper in San Ignacio de Velasco: $109 a month against $1,771 in Montevideo, rent and utilities included – about $19,900 less a year. Rent and utilities account for about half of the difference.

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Cost of Living Index in Montevideo
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Montevideo Living Index

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San Ignacio de Velasco

🇧🇴 Bolivia

$109

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Monthly Cost of Living

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

A single person spends $109 per month in San Ignacio de Velasco vs $1,771 in Montevideo, rent included.

San Ignacio de Velasco $109
Montevideo $1,771

A couple spends around $178 per month in San Ignacio de Velasco vs $2,740 in Montevideo, rent included.

San Ignacio de Velasco $178
Montevideo $2,740

A family of three spends $247 per month in San Ignacio de Velasco vs $3,708 in Montevideo, rent included.

San Ignacio de Velasco $247
Montevideo $3,708

San Ignacio de Velasco is about 94% cheaper than Montevideo, and outside of rent the biggest gap is in eating out.

San Ignacio de Velasco sits 92% below the global median, while Montevideo is 31% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.16 UYU 609

Three-Course Dinner for Two, Mid-Range

$69.2 UYU 2,776

Fast Food Meal (McDonalds, etc)

$14.65 UYU 588

Cappuccino

$4.46 UYU 179

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

$2.67 UYU 107

Water (0.33 liter bottle)

$2.00 UYU 80.4

Local Beer (0.5 liter draught)

$4.83 UYU 194

Imported Beer (0.33 liter bottle)

$3.80 UYU 152

Milk (1 liter)

$0.43 BOB 5.05

$1.36 UYU 54.8

-68.38%

White Bread (500g)

$2.48 BOB 28.78

$2.87 UYU 115

-13.59%

Rice (white) (1kg)

$0.40 BOB 4.67

$1.75 UYU 70.2

-77.14%

Eggs

$2.04 BOB 23.70

$4.68 UYU 188

-56.41%

Local Cheese (1kg)

$2.09 BOB 24.25

$13.88 UYU 557

-84.94%

Chicken Fillets (1kg)

$1.48 BOB 17.17

$11.98 UYU 481

-87.65%

Beef Round Steak (1kg)

$2.46 BOB 28.51

$11.97 UYU 480

-79.45%

Apples (1kg)

$1.68 BOB 19.50

$2.78 UYU 111

-39.57%

Banana (1kg)

$1.29 BOB 15.02

$2.74 UYU 110

-52.92%

Oranges (1kg)

$0.81 BOB 9.46

$1.77 UYU 71.2

-54.24%

Tomato (1kg)

$0.57 BOB 6.63

$3.24 UYU 130

-82.41%

Potato (1kg)

$0.88 BOB 10.20

$1.97 UYU 79.2

-55.33%

Onion (1kg)

$0.43 BOB 5.01

$2.07 UYU 83.1

-79.23%

Lettuce (1 head)

$0.33 BOB 3.81

$1.37 UYU 55.1

-75.91%

Water (1.5 liter bottle)

$0.66 BOB 7.65

$1.88 UYU 75.3

-64.89%

Cigarettes 20 Pack (Marlboro, Camel)

$1.04 BOB 12.05

$5.59 UYU 224

-81.40%

Wine (Bottle)

$4.34 BOB 50.4

$8.78 UYU 352

-50.57%

Local Beer (0.5 liter bottle)

$1.03 BOB 11.93

$2.26 UYU 90.9

-54.42%

Imported Beer (0.33 liter bottle)

$2.75 UYU 110

One-way Ticket (Public Transport)

$1.53 UYU 61.5

Public Transport Monthly Pass (Regular Price)

$74.3 UYU 2,980

Taxi Start (Normal Tariff)

$1.91 UYU 76.7

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.18

Taxi 1hour Waiting (Normal Tariff)

$10.33 UYU 415

Gasoline (1 liter)

$2.13 UYU 85.6

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

$27.1K UYU 1.1M

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

$36.3K UYU 1.5M

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

$188 UYU 7,557

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

$20.54 UYU 824

Internet (50+ Mbps, Unlimited Data)

$44.81 UYU 1,798

Gym Membership (Monthly)

$54.0 UYU 2,166

Tennis Court (1 Hour on Weekend)

$19.75 UYU 793

Cinema Ticket

$11.95 UYU 480

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

$634 UYU 25.5K

International Primary School, 1 Child (Yearly)

$11.1K UYU 443.6K

Jeans (Levis 501 Or Similar)

$102 UYU 4,099

Summer Dress (H&M, Zara, etc)

$57.5 UYU 2,309

Sport Shoes (Adidas, Nike)

$127 UYU 5,079

Men's Leather Business Shoes

$128 UYU 5,131

1-bedroom Apartment, City Center (Monthly)

$719 UYU 28.8K

1-bedroom Apartment, Outside City Center (Monthly)

$568 UYU 22.8K

3-bedroom Apartment, City Center (Monthly)

$1,145 UYU 46.0K

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 UYU 41.1K

Buy Apartment in City Center (m2)

$3,392 UYU 136.1K

Buy Apartment Outside City Center (m2)

$1,949 UYU 78.2K

Average Monthly Net Salary (After Tax)

$1,245 UYU 50.0K

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 San Ignacio de Velasco: October 11, 2026

Last update for Montevideo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

San Ignacio de Velasco

–

Montevideo

$568 32.1%

Groceries & Markets

San Ignacio de Velasco

–

Montevideo

$332 18.7%

Eating Out

San Ignacio de Velasco

–

Montevideo

$269 15.2%

Monthly Utilities & Internet

San Ignacio de Velasco

–

Montevideo

$254 14.3%

Clothing & Footwear

San Ignacio de Velasco

–

Montevideo

$186 10.5%

Getting Around

San Ignacio de Velasco

–

Montevideo

$84 4.8%

Sport & Entertainment

San Ignacio de Velasco

–

Montevideo

$78 4.4%

Good to know

🇧🇴 San Ignacio de Velasco

🇺🇾 Montevideo

🕒 Local time

19:40 7:40 PM

20:40 8:40 PM

1 h ahead of San Ignacio de Velasco

🌤 Weather

👥 Population

31,594

1,319,108 Capital

💱 Currency

Bolivian Boliviano BOB Bs.

Uruguayan Peso UYU $U

📈 Exchange rate

100 BOB = 8.61 USD

100 BOB = 7.66 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to BOB – Bolivian Boliviano Converter

🇺🇸 United States Dollar ($)

🇧🇴 Bolivian Boliviano (Bs.)

Bolivian Boliviano exchange rates as of October 17, 2026: 1 USD = 11.61 BOB (100 BOB = 8.61 USD). 1 EUR = 13.05 BOB (100 BOB = 7.66 EUR).

Uruguayan Peso exchange rates as of October 17, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

USD to BOB in detail →

On the map

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Between locations

San Ignacio de Velasco Montevideo 2,110 km ≈ 3 h 15 min nonstop flight

From you

San Ignacio de Velasco
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

San Ignacio de Velasco vs Montevideo: Cost of Living - Frequently Asked Questions

Yes – Montevideo is pricier by about 1528%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $163 per month in San Ignacio de Velasco and $2,656 in Montevideo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $109 in San Ignacio de Velasco and $1,771 in Montevideo. That's a gap of about 1528%.

Groceries cost about 205% more in Montevideo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in San Ignacio de Velasco, where all-in costs run around $109, than in Montevideo at $1,771. In San Ignacio de Velasco it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

Families tend to lean toward San Ignacio de Velasco – 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 San Ignacio de Velasco. If higher salaries, better infrastructure, or specific career opportunities are the priority, Montevideo makes more sense. Both are solid long-term options with distinct trade-offs.