Last update: Oct 2026

Cost of Living Comparison Between Tobago and Montevideo

For one person, living is cheaper in Tobago: $1,202 a month against $1,813 in Montevideo, rent and utilities included – about $7,300 less a year. Rent and utilities account for most of the difference.

59

Cost of Living Index in Tobago
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Tobago Living Index
86

Cost of Living Index in Montevideo
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Montevideo Living Index

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Tobago

🇹🇹 Trinidad And Tobago

$1,202

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Monthly Cost of Living

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

A single person spends $1,202 per month in Tobago vs $1,813 in Montevideo, rent included.

Tobago $1,202
Montevideo $1,813

A couple spends around $1,819 per month in Tobago vs $2,782 in Montevideo, rent included.

Tobago $1,819
Montevideo $2,782

A family of three spends $2,436 per month in Tobago vs $3,750 in Montevideo, rent included.

Tobago $2,436
Montevideo $3,750

Tobago is about 34% cheaper than Montevideo, and outside of rent the biggest gap is in transport.

Tobago sits 10% below the global median, while Montevideo is 35% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.12 TTD 68.3

$15.26 UYU 613

-33.68%

Three-Course Dinner for Two, Mid-Range

$42.28 TTD 285

$67.4 UYU 2,711

-37.30%

Fast Food Meal (McDonalds, etc)

$9.68 TTD 65.3

$14.37 UYU 578

-32.64%

Cappuccino

$3.74 TTD 25.24

$4.64 UYU 187

-19.40%

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

$1.59 TTD 10.76

$2.73 UYU 110

-41.76%

Water (0.33 liter bottle)

$1.73 TTD 11.70

$2.09 UYU 84.0

-17.22%

Local Beer (0.5 liter draught)

$3.74 TTD 25.27

$4.75 UYU 191

-21.26%

Imported Beer (0.33 liter bottle)

$4.55 TTD 30.73

$3.67 UYU 147

23.98%

Milk (1 liter)

$2.58 TTD 17.44

$1.38 UYU 55.5

86.96%

White Bread (500g)

$2.36 TTD 15.92

$2.77 UYU 112

-14.80%

Rice (white) (1kg)

$2.40 TTD 16.20

$1.69 UYU 67.8

42.01%

Eggs

$4.69 TTD 31.69

$4.52 UYU 182

3.76%

Local Cheese (1kg)

$6.39 TTD 43.17

$14.17 UYU 570

-54.90%

Chicken Fillets (1kg)

$7.44 TTD 50.2

$12.07 UYU 485

-38.36%

Beef Round Steak (1kg)

$6.05 TTD 40.86

$12.16 UYU 489

-50.25%

Apples (1kg)

$4.02 TTD 27.14

$2.87 UYU 116

40.07%

Banana (1kg)

$2.49 TTD 16.79

$2.75 UYU 110

-9.45%

Oranges (1kg)

$2.33 TTD 15.72

$1.73 UYU 69.5

34.68%

Tomato (1kg)

$2.35 TTD 15.90

$3.24 UYU 130

-27.47%

Potato (1kg)

$0.95 TTD 6.41

$2.07 UYU 83.1

-54.11%

Onion (1kg)

$1.62 TTD 10.93

$2.07 UYU 83.1

-21.74%

Lettuce (1 head)

$1.81 TTD 12.20

$1.38 UYU 55.4

31.16%

Water (1.5 liter bottle)

$1.49 TTD 10.08

$1.85 UYU 74.5

-19.46%

Cigarettes 20 Pack (Marlboro, Camel)

$4.34 TTD 29.33

$5.57 UYU 224

-22.08%

Wine (Bottle)

$21.95 TTD 148

$8.89 UYU 357

146.91%

Local Beer (0.5 liter bottle)

$3.68 TTD 24.83

$2.29 UYU 92.2

60.70%

Imported Beer (0.33 liter bottle)

$4.34 TTD 29.28

$2.70 UYU 109

60.74%

One-way Ticket (Public Transport)

$0.71 TTD 4.78

$1.52 UYU 61.3

-53.29%

Public Transport Monthly Pass (Regular Price)

$73.7 UYU 2,962

Taxi Start (Normal Tariff)

$0.77 TTD 5.17

$1.82 UYU 73.4

-57.69%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.05

Taxi 1hour Waiting (Normal Tariff)

$8.66 TTD 58.5

$10.66 UYU 429

-18.76%

Gasoline (1 liter)

$1.03 TTD 6.93

$2.22 UYU 89.2

-53.60%

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

$26.7K UYU 1.1M

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

$36.7K UYU 1.5M

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

$60.0 TTD 405

$191 UYU 7,674

-68.56%

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

$26.57 TTD 179

$20.40 UYU 820

30.25%

Internet (50+ Mbps, Unlimited Data)

$75.1 TTD 507

$44.14 UYU 1,775

70.10%

Gym Membership (Monthly)

$52.2 TTD 352

$54.1 UYU 2,177

-3.68%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

Cinema Ticket

$7.59 TTD 51.2

$12.33 UYU 496

-38.44%

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

$74.3 TTD 501

$613 UYU 24.7K

-87.89%

International Primary School, 1 Child (Yearly)

$11.0K UYU 444.3K

Jeans (Levis 501 Or Similar)

$43.74 TTD 295

$103 UYU 4,134

-57.46%

Summer Dress (H&M, Zara, etc)

$48.89 TTD 330

$56.1 UYU 2,255

-12.81%

Sport Shoes (Adidas, Nike)

$142 TTD 961

$124 UYU 5,000

14.51%

Men's Leather Business Shoes

$89.2 TTD 602

$130 UYU 5,214

-31.22%

1-bedroom Apartment, City Center (Monthly)

$407 TTD 2,746

$705 UYU 28.4K

-42.32%

1-bedroom Apartment, Outside City Center (Monthly)

$327 TTD 2,204

$575 UYU 23.1K

-43.26%

3-bedroom Apartment, City Center (Monthly)

$552 TTD 3,728

$1,139 UYU 45.8K

-51.50%

3-bedroom Apartment, Outside City Center (Monthly)

$524 TTD 3,536

$1,016 UYU 40.8K

-48.44%

Buy Apartment in City Center (m2)

$3,349 UYU 134.6K

Buy Apartment Outside City Center (m2)

$1,942 UYU 78.1K

Average Monthly Net Salary (After Tax)

$730 TTD 4,931

$1,229 UYU 49.4K

-40.58%

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 Tobago: October 5, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Tobago

$327 27%

Montevideo

$575 32.3% 76.2% $249

Groceries & Markets

Tobago

$311 25.6%

Montevideo

$332 18.7% 7% $22

Eating Out

Tobago

$196 16.2%

Montevideo

$271 15.2% 38.4% $75

Monthly Utilities & Internet

Tobago

$162 13.3%

Montevideo

$255 14.3% 58% $94

Clothing & Footwear

Tobago

$146 12%

Montevideo

$186 10.4% 27.4% $40

Sport & Entertainment

Tobago

$67 5.6%

Montevideo

$79 4.4% 17% $11

Getting Around

Tobago

$3.6 * 0.3%

Montevideo

$84 4.7% 2221% $80

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

Cost Breakdown

A central one-bedroom costs $407 in Tobago 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 68% higher in Montevideo, 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 $42.00 in Tobago versus $67.0 in Montevideo. Monthly groceries follow the same trend: $311 vs $332 – making Tobago the more affordable choice for daily food spending.

Good to know

🇹🇹 Tobago

🇺🇾 Montevideo

🕒 Local time

23:03 11:03 PM

00:03 12:03 AM

1 h ahead of Tobago

🌤 Weather

👥 Population

54,000

1,319,108 Capital

💱 Currency

Trinidad and Tobago Dollar TTD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 TTD = 0.148 USD

1 TTD = 0.132 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to TTD – Trinidad and Tobago Dollar Converter

🇺🇸 United States Dollar ($)

🇹🇹 Trinidad and Tobago Dollar ($)

Trinidad and Tobago Dollar exchange rates as of October 10, 2026: 1 USD = 6.75 TTD (1 TTD = 0.148 USD). 1 EUR = 7.57 TTD (1 TTD = 0.132 EUR).

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.1 UYU (100 UYU = 2.22 EUR).

USD to TTD in detail →

On the map

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Between locations

Tobago Montevideo 5,150 km ≈ 7 h nonstop flight

From you

Tobago
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

Tobago vs Montevideo: Cost of Living - Frequently Asked Questions

Yes – Montevideo is pricier by about 51%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $1,804 per month in Tobago 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 Tobago, 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 $42.00 in Tobago 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 7% 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 Tobago, where all-in costs run around $1,202, than in Montevideo at $1,813. In Tobago it covers expenses comfortably, while in Montevideo it requires careful planning or may not stretch far enough.

Families tend to lean toward Tobago – 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 Tobago. 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.