Last update: Oct 2026

Cost of Living Comparison Between Waterford, MI and Montevideo

For one person, living is cheaper in Montevideo: $1,771 a month against $2,403 in Waterford, MI, rent and utilities included – about $7,600 less a year. Rent and utilities account for most of the difference.

121

Cost of Living Index in Waterford, MI
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Waterford, MI Living Index
85

Cost of Living Index in Montevideo
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Montevideo Living Index

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Waterford, MI

🇺🇸 United States

$2,403

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,771

/mo nomad

Monthly Cost of Living

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

A single person spends $2,403 per month in Waterford, MI vs $1,771 in Montevideo, rent included.

Waterford, MI $2,403
Montevideo $1,771

A couple spends around $3,641 per month in Waterford, MI vs $2,784 in Montevideo, rent included.

Waterford, MI $3,641
Montevideo $2,784

A family of three spends $4,879 per month in Waterford, MI vs $3,797 in Montevideo, rent included.

Waterford, MI $4,879
Montevideo $3,797

Waterford, MI costs about 36% more than Montevideo, and outside of rent the biggest gap is in utilities.

Both Waterford, MI and Montevideo sit above the global median – Waterford, MI by 77%, Montevideo by 30%.

Meal at Budget Restaurant

$18.36 $18.36

$15.63 UYU 629

17.47%

Three-Course Dinner for Two, Mid-Range

$74.2 $74.2

$69.9 UYU 2,812

6.13%

Fast Food Meal (McDonalds, etc)

$9.35 $9.35

$14.51 UYU 584

-35.56%

Cappuccino

$4.59 $4.59

$4.43 UYU 178

3.61%

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

$2.81 $2.81

$2.49 UYU 100

12.85%

Water (0.33 liter bottle)

$1.67 $1.67

$1.95 UYU 78.5

-14.36%

Local Beer (0.5 liter draught)

$5.92 $5.92

$4.78 UYU 192

23.85%

Imported Beer (0.33 liter bottle)

$4.41 $4.41

$3.67 UYU 148

20.16%

Milk (1 liter)

$0.85 $0.85

$1.26 UYU 50.6

-32.54%

White Bread (500g)

$3.61 $3.61

$2.98 UYU 120

21.14%

Rice (white) (1kg)

$3.25 $3.25

$1.74 UYU 70.1

86.78%

Eggs

$2.03 $2.03

$4.80 UYU 193

-57.71%

Local Cheese (1kg)

$10.99 $10.99

$14.06 UYU 565

-21.83%

Chicken Fillets (1kg)

$13.86 $13.86

$11.35 UYU 457

22.11%

Beef Round Steak (1kg)

$14.61 $14.61

$12.16 UYU 489

20.15%

Apples (1kg)

$4.88 $4.88

$2.74 UYU 110

78.10%

Banana (1kg)

$1.07 $1.07

$2.83 UYU 114

-62.19%

Oranges (1kg)

$5.55 $5.55

$1.63 UYU 65.4

240.49%

Tomato (1kg)

$4.51 $4.51

$3.18 UYU 128

41.82%

Potato (1kg)

$2.17 $2.17

$2.02 UYU 81.1

7.43%

Onion (1kg)

$3.60 $3.60

$2.13 UYU 85.5

69.01%

Lettuce (1 head)

$2.23 $2.23

$1.39 UYU 56.0

60.43%

Water (1.5 liter bottle)

$2.43 $2.43

$1.94 UYU 78.2

25.26%

Cigarettes 20 Pack (Marlboro, Camel)

$10.32 $10.32

$5.34 UYU 215

93.26%

Wine (Bottle)

$14.76 $14.76

$8.31 UYU 334

77.62%

Local Beer (0.5 liter bottle)

$2.04 $2.04

$2.35 UYU 94.3

-13.19%

Imported Beer (0.33 liter bottle)

$2.49 $2.49

$2.80 UYU 113

-11.07%

One-way Ticket (Public Transport)

$2.01 $2.01

$1.55 UYU 62.4

29.68%

Public Transport Monthly Pass (Regular Price)

$59.0 $59.0

$74.9 UYU 3,013

-21.29%

Taxi Start (Normal Tariff)

$4.61 $4.61

$1.91 UYU 76.9

141.36%

Taxi (Normal Tariff) (1km)

$1.94 $1.94

$0.41 UYU 16.55

373.17%

Taxi 1hour Waiting (Normal Tariff)

$31.80 $31.80

$10.38 UYU 417

206.36%

Gasoline (1 liter)

$1.06 $1.06

$2.23 UYU 89.5

-52.47%

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

$27.3K $27.3K

$26.5K UYU 1.1M

2.75%

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

$26.0K $26.0K

$35.9K UYU 1.4M

-27.39%

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

$132 $132

$184 UYU 7,392

-28.05%

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

$49.02 $49.02

$20.15 UYU 810

143.28%

Internet (50+ Mbps, Unlimited Data)

$72.3 $72.3

$43.24 UYU 1,739

67.21%

Gym Membership (Monthly)

$40.91 $40.91

$48.47 UYU 1,949

-15.60%

Tennis Court (1 Hour on Weekend)

$19.71 UYU 792

Cinema Ticket

$13.49 $13.49

$12.11 UYU 487

11.40%

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

$893 $893

$636 UYU 25.6K

40.49%

International Primary School, 1 Child (Yearly)

$21.2K $21.2K

$11.0K UYU 442.1K

92.56%

Jeans (Levis 501 Or Similar)

$64.1 $64.1

$101 UYU 4,050

-36.38%

Summer Dress (H&M, Zara, etc)

$77.2 $77.2

$56.9 UYU 2,289

35.64%

Sport Shoes (Adidas, Nike)

$97.1 $97.1

$123 UYU 4,937

-20.88%

Men's Leather Business Shoes

$119 $119

$130 UYU 5,241

-8.94%

1-bedroom Apartment, City Center (Monthly)

$1,738 $1,738

$747 UYU 30.0K

132.58%

1-bedroom Apartment, Outside City Center (Monthly)

$1,170 $1,170

$581 UYU 23.3K

101.50%

3-bedroom Apartment, City Center (Monthly)

$2,452 $2,452

$1,284 UYU 51.6K

90.98%

3-bedroom Apartment, Outside City Center (Monthly)

$2,092 $2,092

$1,125 UYU 45.2K

86.00%

Buy Apartment in City Center (m2)

$3,066 $3,066

$3,653 UYU 146.9K

-16.06%

Buy Apartment Outside City Center (m2)

$2,352 $2,352

$2,029 UYU 81.6K

15.95%

Average Monthly Net Salary (After Tax)

$1,284 UYU 51.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

5.65

20.71%

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

Last update for Waterford, MI: October 25, 2026

Last update for Montevideo: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Waterford, MI

$1.2K 48.7%

Montevideo

$581 32.8% 50.4% $589

Groceries & Markets

Waterford, MI

$384 16%

Montevideo

$330 18.6% 13.9% $53

Eating Out

Waterford, MI

$286 11.9%

Montevideo

$271 15.3% 5.4% $16

Monthly Utilities & Internet

Waterford, MI

$254 10.6%

Montevideo

$247 14% 2.5% $6.4

Clothing & Footwear

Waterford, MI

$161 6.7%

Montevideo

$185 10.4% 15% $24

Getting Around

Waterford, MI

$81 3.4%

Montevideo

$85 4.8% 4.6% $3.8

Sport & Entertainment

Waterford, MI

$68 2.8%

Montevideo

$73 4.1% 7.1% $4.8

Cost Breakdown

A central one-bedroom costs $1,738 in Waterford, MI versus $747 in Montevideo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $74 in Waterford, MI versus $70 in Montevideo. Monthly groceries follow the same trend: $384 vs $330 – making Montevideo the more affordable choice for daily food spending.

Good to know

🇺🇸 Waterford, MI

🇺🇾 Montevideo

🕒 Local time

15:57 3:57 PM

16:57 4:57 PM

1 h ahead of Waterford, MI

🌤 Weather

👥 Population

19,517

1,319,108 Capital

💱 Currency

United States Dollar USD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 USD = 0.898 EUR

100 UYU = 2.49 USD

100 UYU = 2.23 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 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

Uruguayan Peso exchange rates as of October 28, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 44.77 UYU (100 UYU = 2.23 EUR).

UYU to USD in detail →

On the map

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Between locations

Waterford, MI Montevideo 9,060 km ≈ 12 h nonstop flight

From you

Waterford, MI
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

Waterford, MI vs Montevideo: Cost of Living - Frequently Asked Questions

Yes – Waterford, MI is pricier by about 36%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $3,605 per month in Waterford, MI and $2,657 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: a one-bedroom in the center costs $747 there versus $1,738 in Waterford, MI.

Kindergarten costs $893 per month in Waterford, MI and $636 in Montevideo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 16% more in Waterford, MI, though the gap depends on what you buy.

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.