Last update: Oct 2026

Cost of Living Comparison Between Yellowknife and Montevideo

For one person, living is cheaper in Montevideo: $1,813 a month against $2,924 in Yellowknife, rent and utilities included – about $13,300 less a year. Rent and utilities account for most of the difference.

143

Cost of Living Index in Yellowknife
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Yellowknife Living Index
86

Cost of Living Index in Montevideo
Learn more

Montevideo Living Index

Jump to prices

Yellowknife

🇨🇦 Canada

$2,924

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

Monthly Cost of Living

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

A single person spends $2,924 per month in Yellowknife vs $1,813 in Montevideo, rent included.

Yellowknife $2,924
Montevideo $1,813

A couple spends around $4,087 per month in Yellowknife vs $2,782 in Montevideo, rent included.

Yellowknife $4,087
Montevideo $2,782

A family of three spends $5,250 per month in Yellowknife vs $3,750 in Montevideo, rent included.

Yellowknife $5,250
Montevideo $3,750

Yellowknife costs about 61% more than Montevideo, and outside of rent the biggest gap is in groceries.

Both Yellowknife and Montevideo sit above the global median – Yellowknife by 118%, Montevideo by 35%.

Meal at Budget Restaurant

$19.40 CA$27.65

$15.26 UYU 613

27.13%

Three-Course Dinner for Two, Mid-Range

$83.3 CA$119

$67.4 UYU 2,711

23.46%

Fast Food Meal (McDonalds, etc)

$8.39 CA$11.97

$14.37 UYU 578

-41.61%

Cappuccino

$4.39 CA$6.25

$4.64 UYU 187

-5.39%

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

$2.39 CA$3.41

$2.73 UYU 110

-12.45%

Water (0.33 liter bottle)

$2.03 CA$2.89

$2.09 UYU 84.0

-2.87%

Local Beer (0.5 liter draught)

$6.43 CA$9.17

$4.75 UYU 191

35.37%

Imported Beer (0.33 liter bottle)

$6.96 CA$9.91

$3.67 UYU 147

89.65%

Milk (1 liter)

$2.75 CA$3.92

$1.38 UYU 55.5

99.28%

White Bread (500g)

$2.64 CA$3.77

$2.77 UYU 112

-4.69%

Rice (white) (1kg)

$4.75 CA$6.77

$1.69 UYU 67.8

181.07%

Eggs

$3.15 CA$4.49

$4.52 UYU 182

-30.31%

Local Cheese (1kg)

$6.97 CA$9.94

$14.17 UYU 570

-50.81%

Chicken Fillets (1kg)

$15.66 CA$22.33

$12.07 UYU 485

29.74%

Beef Round Steak (1kg)

$15.51 CA$22.11

$12.16 UYU 489

27.55%

Apples (1kg)

$4.81 CA$6.85

$2.87 UYU 116

67.60%

Banana (1kg)

$1.51 CA$2.16

$2.75 UYU 110

-45.09%

Oranges (1kg)

$5.06 CA$7.22

$1.73 UYU 69.5

192.49%

Tomato (1kg)

$7.17 CA$10.22

$3.24 UYU 130

121.30%

Potato (1kg)

$4.53 CA$6.46

$2.07 UYU 83.1

118.84%

Onion (1kg)

$3.62 CA$5.16

$2.07 UYU 83.1

74.88%

Lettuce (1 head)

$3.45 CA$4.92

$1.38 UYU 55.4

150.00%

Water (1.5 liter bottle)

$1.04 CA$1.49

$1.85 UYU 74.5

-43.78%

Cigarettes 20 Pack (Marlboro, Camel)

$17.52 CA$24.97

$5.57 UYU 224

214.54%

Wine (Bottle)

$14.30 CA$20.38

$8.89 UYU 357

60.85%

Local Beer (0.5 liter bottle)

$4.14 CA$5.90

$2.29 UYU 92.2

80.79%

Imported Beer (0.33 liter bottle)

$6.33 CA$9.02

$2.70 UYU 109

134.44%

One-way Ticket (Public Transport)

$2.13 CA$3.04

$1.52 UYU 61.3

40.13%

Public Transport Monthly Pass (Regular Price)

$52.8 CA$75.3

$73.7 UYU 2,962

-28.29%

Taxi Start (Normal Tariff)

$3.13 CA$4.47

$1.82 UYU 73.4

71.98%

Taxi (Normal Tariff) (1km)

$1.37 CA$1.95

$0.40 UYU 16.05

242.50%

Taxi 1hour Waiting (Normal Tariff)

$10.66 UYU 429

Gasoline (1 liter)

$1.31 CA$1.86

$2.22 UYU 89.2

-40.99%

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

$24.2K CA$34.5K

$26.7K UYU 1.1M

-9.45%

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

$18.8K CA$26.8K

$36.7K UYU 1.5M

-48.75%

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

$355 CA$506

$191 UYU 7,674

85.93%

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

$57.5 CA$81.9

$20.40 UYU 820

181.62%

Internet (50+ Mbps, Unlimited Data)

$99.7 CA$142

$44.14 UYU 1,775

125.78%

Gym Membership (Monthly)

$72.1 CA$103

$54.1 UYU 2,177

33.15%

Tennis Court (1 Hour on Weekend)

$19.68 UYU 791

Cinema Ticket

$9.54 CA$13.60

$12.33 UYU 496

-22.63%

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

$593 CA$845

$613 UYU 24.7K

-3.31%

International Primary School, 1 Child (Yearly)

$11.0K UYU 444.3K

Jeans (Levis 501 Or Similar)

$62.0 CA$88.3

$103 UYU 4,134

-39.73%

Summer Dress (H&M, Zara, etc)

$34.78 CA$49.57

$56.1 UYU 2,255

-37.97%

Sport Shoes (Adidas, Nike)

$99.6 CA$142

$124 UYU 5,000

-19.94%

Men's Leather Business Shoes

$114 CA$162

$130 UYU 5,214

-12.15%

1-bedroom Apartment, City Center (Monthly)

$1,389 CA$1,980

$705 UYU 28.4K

96.96%

1-bedroom Apartment, Outside City Center (Monthly)

$1,381 CA$1,968

$575 UYU 23.1K

139.94%

3-bedroom Apartment, City Center (Monthly)

$2,101 CA$2,995

$1,139 UYU 45.8K

84.55%

3-bedroom Apartment, Outside City Center (Monthly)

$2,059 CA$2,935

$1,016 UYU 40.8K

102.72%

Buy Apartment in City Center (m2)

$2,977 CA$4,244

$3,349 UYU 134.6K

-11.10%

Buy Apartment Outside City Center (m2)

$2,819 CA$4,018

$1,942 UYU 78.1K

45.17%

Average Monthly Net Salary (After Tax)

$3,989 CA$5,685

$1,229 UYU 49.4K

224.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.32

5.74

-7.32%

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

Last update for Yellowknife: 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

Yellowknife

$1.4K 47.3%

Montevideo

$575 32.3% 58.3% $805

Monthly Utilities & Internet

Yellowknife

$512 17.5%

Montevideo

$255 14.3% 50.1% $257

Groceries & Markets

Yellowknife

$430 14.7%

Montevideo

$332 18.7% 22.6% $97

Eating Out

Yellowknife

$297 10.2%

Montevideo

$271 15.2% 8.6% $26

Clothing & Footwear

Yellowknife

$140 4.8%

Montevideo

$186 10.4% 33.1% $46

Sport & Entertainment

Yellowknife

$91 3.1%

Montevideo

$79 4.4% 13.6% $12

Getting Around

Yellowknife

$71 2.4%

Montevideo

$84 4.7% 17.2% $12

Cost Breakdown

A central one-bedroom costs $1,389 in Yellowknife 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 224% higher in Yellowknife, 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 $83.0 in Yellowknife versus $67.0 in Montevideo. Monthly groceries follow the same trend: $430 vs $332 – making Montevideo the more affordable choice for daily food spending.

Good to know

🇨🇦 Yellowknife

🇺🇾 Montevideo

🕒 Local time

19:54 7:54 PM

22:54 10:54 PM

3 h ahead of Yellowknife

🌤 Weather

👥 Population

19,234

1,319,108 Capital

💱 Currency

Canadian Dollar CAD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 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 CAD in detail →

On the map

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Between locations

Yellowknife Montevideo 12,000 km ≈ 15 h nonstop flight

From you

Yellowknife
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

Yellowknife vs Montevideo: Cost of Living - Frequently Asked Questions

Yes – Yellowknife is pricier by about 61%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $4,386 per month in Yellowknife 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.

Kindergarten costs $593 per month in Yellowknife and $613 in Montevideo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 29% more in Yellowknife, 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 Yellowknife at $2,924. In Montevideo it covers expenses comfortably, while in Yellowknife 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, Yellowknife makes more sense. Both are solid long-term options with distinct trade-offs.