Montevideo is the largest city, the capital, and the chief port of Uruguay. Montevideo is the economic hub of Uruguay and is home to approximately one third of the population. Uruguay is in Southern South America, bordering the South Atlantic Ocean, between Argentina and Brazil. The climate is warm temperate. The official language is Spanish. English is the foreign language that is most readily understood in the business community. The main religion is Christianity. The economy is largely based on agriculture (making up 10% of GDP and the most substantial export) and the state sector. Uruguay's economy relies heavily on trade, particularly in agricultural exports, leaving the country vulnerable to slumps in commodity prices. Expatriate business dress is conservative, comprising dark toned suits for both men and women. The security risk for expatriates in Uruguay is low. Risks include petty crime (such as pickpocketing, bag-snatching, mugging and vehicle theft), residential burglaries and robberies at restaurants. The currency of Uruguay is the Uruguayan Peso (UYU). ATMs are available. Major credit cards are widely accepted. Medical facilities are good, however the cost of treatment for expatriates can be high. Cases of dengue fever have been reported. The population of Montevideo is 1.9 Million (Metro) (2019 est.), while the inflation rate (CPI) is 8.34% for Uruguay as at October 2019. Xpatulator Hypothetical Tax for Uruguay is based on the current personal income tax rates which are progressive up to 36%.
Cost Of Living
The cost of living for expatriates / professional migrants in We have collected prices for the same items, world wide, based on Expat spending norms, in or closest to the location, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Montevideo is as follows: Montevideo as at 1 November 2019 is average in comparison to other places in the world. 1) Alcohol and/or Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$680. Average price in a store for a midrange bottle of wine is USD$5.61, domestic/local beer (500ml) USD$1.76, imported/international beer (330ml) USD$2.07 and a pack of 20 cigarettes is USD$3.74. 2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$880. Average price for an international brand of mens jeans is USD$70, a quality international brand of running shoes USD$89, mens leather shoes suitable for office wear USD$102 while a medium size international summer dress from a global chain store is USD$36. 3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$176. Average price for a monthly standard plan internet subscription is USD$31, while the benchmark mobile tariff is USD$0.18 per minute. 4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$14700. Average annual private international school fee (excluding extras) USD$9,568 for Primary School, and USD$10,647 for High School. 5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$2450. Average price for a 6kg front loader Washing Machine is USD$754, and USD$648 for a 46+'' LED UHD TV. 6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$640. Average grocery prices in a major international retail store for 1 kg apples is USD$1.74, 1 kg oranges USD$1.20, 1 head lettuce USD$0.97, 1 kg potatos USD$1.44, 1 kg boneless, skinless, chicken breast USD$7.07, 1 kg cheddar cheese USD$8.28, 1 dozen large eggs USD$2.29, 500g loaf white bread USD$1.84, 1 L full cream milk USD$0.74, and 1.5 L water USD$1.17. 7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$820. Average healthcare cost for a private practice Doctor visit for an uninsured patient is USD$66, and a private hospital stay per day including nursing care, medications, diagnostic tests, food, and related costs is USD$2,030. 8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$3350. Average expatriate house / apartment rent for a secure upmarket unfurnished apartment (3 bedrooms) is USD$2,667 in a central location, and USD$1,639 in a suburban location, per month, excluding utilities. 9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$465. Average price for dry cleaning (1 mens 2 pc suit) is USD$9.08, while an international newspaper is USD$2.79. 10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$445. Average cost for a mens haircut and blow dry is USD$36, while a womens hair colour, cut and blow dry - medium length is USD$178. 11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$405. Average price for a latest release international cinema ticket (average of on and off peak where applicable) for one adult is USD$8.01, and an international fitness, recreation or sports club membership cost for one adult is USD$42 per month. 12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$600. Average cappuccino price (regular, medium) is USD$2.52, coke/pepsi (330ml) USD$1.26, burger meal (international franchise or similar) USD$7.48, and a mid-range international restaurant meal for 2 USD$34.72. 13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$640. Average average price over the last year for highest available octane petrol / gasoline (1L) is USD$1.46, while the benchmark car sedan purchase price including taxes/duties for a compact / small / economy vehicle (1.4 L) is USD$28,679. Montevideo is -0.8% cheaper than Houston TX for groceries, 57.7% more expensive for household costs than Kuala Lumpur, and 8.9% more expensive for transport costs than Dubai. The hardship premium for Montevideo for an expat from Perth, is for example 10%, i.e. host location (Montevideo) premium of 20% minus home (Perth) location premium of 10%. Montevideo is ranked as a some hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Montevideo? Register subscribe to your home location and Montevideo and run your personalised reports.