Cost of Living in Uruguay

You would need around € 2,224.07 in Montevideo to maintain the same standard of living that you could have in Berlin with € 3,700.00 (assuming you rent in the cities).

  • Consumer prices in Montevideo are 30.59% lower than in Berlin (excluding rent)
  • Consumer prices including rent in Montevideo are 39.89% lower than in Berlin
  • Rental prices in Montevideo are 60.61% lower than in Berlin
  • Restaurant prices in Montevideo are 28.32% lower than in Berlin
  • Food prices in Montevideo are 30.94% lower than in Berlin
  • The local purchasing power in Montevideo is 64.24% lower than in Berlin

Average cost of living in Montevideo (from 10/2019 – 09/2020)

Restaurant Ø € Price € Price from / to
Food, price w. restaurant 8.03 6.03-13.06
Middle class, 3 courses for 2 people. 30.13 24.10-60.26
Local beer, 0.5 l 2.41 1.17-3.62
Imported beer, 0.33 l 3.01 1.61-4.02
cappuccino 2.20 1.61-3.21
Coca / Pepsi (0.33 l) 1.18 0.80-2.01
Water (0.33 l) 0.92 0.72 – 1.61
Food Ø € Price € Price from / to
Milk (1 L) 0.65 0.54-0.81
White bread (500g) 1.77 0.80-2.61
Rice (white), (1kg) 0.92 0.62-1.14
Eggs (12) 1.89 1.21 – 2.51
Local cheese (1kg) 6.90 5.02-11.05
Chicken breast fillet (1kg) 5.79 3.41 – 7.61
Beef (1kg) 6.97 5.02 – 9.22
Apples (1kg) 1.39 0.80-2.01
Bananas (1kg) 1.61 1.00 – 2.53
Oranges (1kg) 0.89 0.50-1.41
Tomatoes (1kg) 1.53 1.00-2.41
Potatoes (1kg) 1.16 0.70 – 1.51
Onions (1kg) 1.20 0.80-1.51
Lettuce (1 head) 0.78 0.60-1.02
Water (1.5 l) 0.97 0.80 – 1.21
Bottle of wine (middle class) 5.02 4.02-7.03
Local beer (0.5 l) 1.40 0.96-1.85
Imported beer (0.33 l) 1.61 1.21-2.61

Average costs of local transport, utilities, clothing, leisure, education of Montevideo (from 10/2019 – 09/2020)

Mode of Transport Ø € Price € Price from / to
One-time ticket 0.80 0.76-0.80
Monthly pass 34.15 30.13-47.33
Taxi base amount 0.90 0.82 – 1.61
Taxi 1 km 0.52 0.48-1.13
Ancillary housing costs Ø € Price € Price from / to
for 85 sqm apartment (electricity, water, garbage, etc. 97.84 60.26-217.67
1 minute prepaid mobile tariff 0.18 0.08-0.20
Internet (60 Mbps or more, unlimited data, cable / ADSL) 26.27 20.09-34.15
Clothes, shoes Ø € Price € Price from / to
Jeans (Levis 501 or similar) 59.87 30.13-85.36
Summer dress (Zara, H&M,… 30.72 16.07-56.04
Nike sports shoes, middle class 69.01 44.19-100.44
Leather business shoes 74.23 50.22-100.44
leisure time Ø € Price € Price from / to
Fitness center, month / adult 35.97 20.09-52.23
Tennis, 1 hour on weekends 12.26 6.03-20.09
a movie ticket 6.03 5.62-7.03
training Ø € Price € Price from / to
Preschool / Kindergarten, private, whole day, monthly per child 254.45 160.70-361.57
International primary school per year and child 4,993.23 3,615.71 – 7,682.61

Average rental prices / purchase and salaries of Montevideo (from 10/2019 – 09/2020)

Monthly rental price Ø € Price € Price from / to
Apartment (1 bedroom) in the city center 379.44 301.31-512.17
Apartment (1 bedroom) outside the center 298.69 301.31-512.17
Apartment (3 bedrooms) in the city center 656.65 522.27-1,004.36
Apartment (3 bedrooms) outside the center 540.22 401.75-803.49
Purchase price of apartments Ø € Price € Price from / to
Price per square meter for an apartment in the city – purchase 2,044.11 1,554.84 – 2,611.35
Price per square meter – apartment outside the center – purchase 1,711.34 1,205.24-2,560.87
wages Ø € Price € Price from / to
Average monthly salary (after taxes) 555.91

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Emigration and Living Uruguay – Conclusion

The population is open and friendly towards German immigrants. In general, the crime rate is quite low in international comparison. A property acquisition is possible without any problems. The country is fiscally favorable. The climate is pleasant. However, immigration is not easy for everyone. Uruguay is particularly recommended for retirees and entrepreneurs. For language courses, make sure that it should be South American Spanish. Some advantages of the country: No nuclear power, cost of living a little cheaper (LHK-I 80.4), low population density.

Labor market – vacancies, jobs

According to smartercomputing, German-speaking jobs for emigrants, which can also be carried out in Uruguay, are available on the Osourced portal. Native speakers in particular are in great demand. The employers come mainly from Germany and DACH. The wages are usually below the German level but above the local level in Uruguay. Emigrants with German language skills benefit from a locally above-average wage with low cost of living at the same time (geo-arbitrage). Tip: Emigrants can still apply for a job in Germany. With a job offer, emigrating is much easier.

Otherwise you can almost only earn good money as an employee or partner in a Uruguayan company. Or you are a company owner yourself. You can also earn your money as a freelancer or self-employed person, but you have to set up a sole proprietorship.

An employment relationship is almost not worthwhile with the very low wages, but self-employment as an entrepreneur is. While the minimum wage is the highest in South America at 12,265 pesos, it is insufficient for most immigrants from wealthier countries.

The following areas offer some possibilities: tourism or hotel industry, construction industry and real estate, agricultural production of all kinds, timber industry, cattle breeding and meat export, leather production and export, semi-precious stones and mining, horse breeding, equestrian accessories, wine industry, medicinal herbs and organic food, craftsmen.

No minimum capital is required to start a company. Foreign entrepreneurs are not subject to any commercial restrictions. As a result, they are legally equal to a local entrepreneur.

The income tax for individuals and companies is 25%. There are allowances. Companies in the free trade zones are tax-free. In Uruguay, only a judge can inspect bank accounts and only if criminal proceedings are ongoing.

Currency Uruguay