Cost of living comparison

compared to

Montevideo is 16.9% cheaper than Reykjavik.

If you lived in Montevideo instead of Reykjavik, you would:

Display currency: USD

pay 36.2% less for restaurants

 
Reykjavik
Montevideo
Basic meal with drink at inexpensive restaurant $20.00
ISK2,783
$14.37
UYU638.55
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,507
$9.64
UYU428.36
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK439
$1.93
UYU85.72

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pay 27.1% less for groceries

 
Reykjavik
Montevideo
Bread
1 loaf
$3.61
ISK502
$2.66
UYU118.23
Local cheese (8 oz) $7.76
ISK1,079
$6.01
UYU267.01
Milk (1 gallon) $6.40
ISK891
$4.25
UYU188.60

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pay 10.9% less for transportation

 
Reykjavik
Montevideo
Gasoline (1 gallon) $8.50
ISK1,183
$6.92
UYU307.33
Monthly public transit pass $74.95
ISK10,428
$47.91
UYU2,128.50
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,906,131
$35,934.74
UYU1,596,372.29

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pay 25.1% less for housing

 
Reykjavik
Montevideo
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK9,720
$43.60
UYU1,936.73
1-Bedroom apartment in downtown area $1,971.17
ISK274,249
$578.38
UYU25,693.99
1-Bedroom apartment outside city center $1,803.44
ISK250,913
$419.05
UYU18,616.14

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pay 45.0% more for childcare

 
Reykjavik
Montevideo
Private preschool for 1 child, monthly $252.14
ISK35,080
$386.12
UYU17,153.22
Middle school for 1 child, two semesters $5,993.99
ISK833,944
$8,206.60
UYU364,571.63

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pay 40.9% less for entertainment and sports

 
Reykjavik
Montevideo
Domestic/local beer (1 pint) $10.81
ISK1,504
$3.42
UYU151.78
Cappuccino in mid-range area $5.31
ISK738
$3.79
UYU168.19
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,704
$5.03
UYU223.49

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pay 23.4% less for clothing

 
Reykjavik
Montevideo
Regular jeans
Levi's brand
$108.97
ISK15,161
$93.83
UYU4,168.11
Regular dress
from H&M or similar store
$49.72
ISK6,918
$44.64
UYU1,982.91
Running shoes
Nike or Adidas
$151.85
ISK21,127
$109.94
UYU4,883.89

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2024
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