The cost of living in Montevideo is average. A single person costs: $1,636 per month. A family costs: $3,040 per month. A single traveler costs: $1,636 per month. Monthly rent costs: $490 per month. Coffee costs: $3.28. Montevideo is 68% cheaper than New York City. Breakdown of prices in Montevideo, Uruguay for housing, food, transportation, going out for March 2018. Explore cost of living, weather and travel information for 2 other cities in Uruguay on Nomad List.