Last update: Oct 2026

Cost of Living Comparison Between Silver City, NM and Montevideo

For one person, living is cheaper in Montevideo: $1,813 a month against $2,540 in Silver City, NM, rent and utilities included – about $8,700 less a year. Rent and utilities account for most of the difference.

124

Cost of Living Index in Silver City, NM
Learn more

Silver City, NM Living Index
86

Cost of Living Index in Montevideo
Learn more

Montevideo Living Index

Jump to prices

Silver City, NM

🇺🇸 United States

$2,540

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Monthly Cost of Living

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

A single person spends $2,540 per month in Silver City, NM vs $1,813 in Montevideo, rent included.

Silver City, NM $2,540
Montevideo $1,813

A couple spends around $3,772 per month in Silver City, NM vs $2,782 in Montevideo, rent included.

Silver City, NM $3,772
Montevideo $2,782

A family of three spends $5,003 per month in Silver City, NM vs $3,750 in Montevideo, rent included.

Silver City, NM $5,003
Montevideo $3,750

Silver City, NM costs about 40% more than Montevideo, and outside of rent the biggest gap is in utilities.

Both Silver City, NM and Montevideo sit above the global median – Silver City, NM by 90%, Montevideo by 35%.

Meal at Budget Restaurant

$19.71 $19.71

$15.26 UYU 613

29.16%

Three-Course Dinner for Two, Mid-Range

$79.2 $79.2

$67.4 UYU 2,711

17.47%

Fast Food Meal (McDonalds, etc)

$12.75 $12.75

$14.37 UYU 578

-11.27%

Cappuccino

$5.21 $5.21

$4.64 UYU 187

12.28%

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

$2.77 $2.77

$2.73 UYU 110

1.47%

Water (0.33 liter bottle)

$1.41 $1.41

$2.09 UYU 84.0

-32.54%

Local Beer (0.5 liter draught)

$6.86 $6.86

$4.75 UYU 191

44.42%

Imported Beer (0.33 liter bottle)

$6.85 $6.85

$3.67 UYU 147

86.65%

Milk (1 liter)

$0.86 $0.86

$1.38 UYU 55.5

-37.68%

White Bread (500g)

$3.22 $3.22

$2.77 UYU 112

16.25%

Rice (white) (1kg)

$2.47 $2.47

$1.69 UYU 67.8

46.15%

Eggs

$4.63 $4.63

$4.52 UYU 182

2.43%

Local Cheese (1kg)

$13.40 $13.40

$14.17 UYU 570

-5.43%

Chicken Fillets (1kg)

$11.08 $11.08

$12.07 UYU 485

-8.20%

Beef Round Steak (1kg)

$16.92 $16.92

$12.16 UYU 489

39.14%

Apples (1kg)

$4.46 $4.46

$2.87 UYU 116

55.40%

Banana (1kg)

$1.66 $1.66

$2.75 UYU 110

-39.64%

Oranges (1kg)

$3.90 $3.90

$1.73 UYU 69.5

125.43%

Tomato (1kg)

$4.31 $4.31

$3.24 UYU 130

33.02%

Potato (1kg)

$2.50 $2.50

$2.07 UYU 83.1

20.77%

Onion (1kg)

$2.44 $2.44

$2.07 UYU 83.1

17.87%

Lettuce (1 head)

$2.16 $2.16

$1.38 UYU 55.4

56.52%

Water (1.5 liter bottle)

$1.52 $1.52

$1.85 UYU 74.5

-17.84%

Cigarettes 20 Pack (Marlboro, Camel)

$10.47 $10.47

$5.57 UYU 224

87.97%

Wine (Bottle)

$13.47 $13.47

$8.89 UYU 357

51.52%

Local Beer (0.5 liter bottle)

$2.46 $2.46

$2.29 UYU 92.2

7.42%

Imported Beer (0.33 liter bottle)

$3.79 $3.79

$2.70 UYU 109

40.37%

One-way Ticket (Public Transport)

$1.89 $1.89

$1.52 UYU 61.3

24.34%

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

Taxi Start (Normal Tariff)

$2.78 $2.78

$1.82 UYU 73.4

52.75%

Taxi (Normal Tariff) (1km)

$1.33 $1.33

$0.40 UYU 16.05

232.50%

Taxi 1hour Waiting (Normal Tariff)

$35.30 $35.30

$10.66 UYU 429

231.14%

Gasoline (1 liter)

$0.91 $0.91

$2.22 UYU 89.2

-59.01%

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

$36.8K $36.8K

$26.7K UYU 1.1M

37.58%

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

$22.0K $22.0K

$36.7K UYU 1.5M

-40.22%

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

$200 $200

$191 UYU 7,674

4.94%

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

$61.0 $61.0

$20.40 UYU 820

199.07%

Internet (50+ Mbps, Unlimited Data)

$73.2 $73.2

$44.14 UYU 1,775

65.72%

Gym Membership (Monthly)

$38.96 $38.96

$54.1 UYU 2,177

-28.04%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

Cinema Ticket

$12.82 $12.82

$12.33 UYU 496

3.97%

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

$1,097 $1,097

$613 UYU 24.7K

78.86%

International Primary School, 1 Child (Yearly)

$15.7K $15.7K

$11.0K UYU 444.3K

42.41%

Jeans (Levis 501 Or Similar)

$55.9 $55.9

$103 UYU 4,134

-45.64%

Summer Dress (H&M, Zara, etc)

$43.76 $43.76

$56.1 UYU 2,255

-21.95%

Sport Shoes (Adidas, Nike)

$96.8 $96.8

$124 UYU 5,000

-22.13%

Men's Leather Business Shoes

$116 $116

$130 UYU 5,214

-10.23%

1-bedroom Apartment, City Center (Monthly)

$1,106 $1,106

$705 UYU 28.4K

56.86%

1-bedroom Apartment, Outside City Center (Monthly)

$1,286 $1,286

$575 UYU 23.1K

123.50%

3-bedroom Apartment, City Center (Monthly)

$1,971 $1,971

$1,139 UYU 45.8K

73.09%

3-bedroom Apartment, Outside City Center (Monthly)

$2,158 $2,158

$1,016 UYU 40.8K

112.51%

Buy Apartment in City Center (m2)

$1,902 $1,902

$3,349 UYU 134.6K

-43.19%

Buy Apartment Outside City Center (m2)

$1,927 $1,927

$1,942 UYU 78.1K

-0.79%

Average Monthly Net Salary (After Tax)

$2,990 $2,990

$1,229 UYU 49.4K

143.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.44

5.74

12.20%

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

Last update for Silver City, NM: October 3, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Silver City, NM

$1.3K 50.7%

Montevideo

$575 32.3% 55.3% $711

Groceries & Markets

Silver City, NM

$371 14.6%

Montevideo

$332 18.7% 10.4% $39

Monthly Utilities & Internet

Silver City, NM

$334 13.2%

Montevideo

$255 14.3% 23.6% $79

Eating Out

Silver City, NM

$323 12.7%

Montevideo

$271 15.2% 16.1% $52

Clothing & Footwear

Silver City, NM

$141 5.6%

Montevideo

$186 10.4% 32% $45

Sport & Entertainment

Silver City, NM

$65 2.6%

Montevideo

$79 4.4% 22% $14

Getting Around

Silver City, NM

$17 * 0.7%

Montevideo

$84 4.7% 391% $67

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,106 in Silver City, NM 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.

Salaries run about 143% higher in Silver City, NM, 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 $79.0 in Silver City, NM versus $67.0 in Montevideo. Monthly groceries follow the same trend: $371 vs $332 – making Montevideo the more affordable choice for daily food spending.

Good to know

🇺🇸 Silver City, NM

🇺🇾 Montevideo

🕒 Local time

00:51 12:51 AM

03:51 3:51 AM

3 h ahead of Silver City, NM

🌤 Weather

👥 Population

9,700

1,319,108 Capital

💱 Currency

United States Dollar USD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 USD = 0.892 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, EUR to USD – United States Dollar Converter

🇺🇾 Uruguayan Peso ($U)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 12, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Uruguayan Peso exchange rates as of October 12, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.06 UYU (100 UYU = 2.22 EUR).

UYU to USD in detail →

On the map

Lowest

Highest

Between locations

Silver City, NM Montevideo 9,280 km ≈ 12 h nonstop flight

From you

Silver City, NM
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

Silver City, NM vs Montevideo: Cost of Living - Frequently Asked Questions

Yes – Silver City, NM is pricier by about 40%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $3,810 per month in Silver City, NM 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 $79.0 in Silver City, NM 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 12% more in Silver City, NM, 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 Silver City, NM at $2,540. In Montevideo it covers expenses comfortably, while in Silver City, NM 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, Silver City, NM makes more sense. Both are solid long-term options with distinct trade-offs.