Uruguay is somewhat smaller than the state of Washington. It is situated in Brazil and Argentina just on south-east Coast America. Uruguay has a population of approximately 3.5 million people. In and around Montevideo, the capital city, around half of the residents. Agriculture, which includes livestock and a diversity of plant crops, is the country’s largest industry. Tourism is another significant industry. Vacationers from all around the area and the world go to Uruguay’s beaches. Uruguay is frequently considered as having a stable social environment. Everyone in the country has access to inexpensive healthcare. University education is almost completely free. Workers also enjoy other perks, including retirement and 24 months of paid vacation per year.
Cost of living in Uruguay
In Latin America, there isn’t a single country with awful food. If you visited Uruguay, don’t miss out on the best eateries the country has to offer. When you go to such, expect to pay a lot of money, but you can get a nice meal in a cheap restaurant in Uruguay for under $12!
Because most consumer items are not manufactured in Uruguay, they are as expensive as it is in Australia, Canada, and Europe, and certainly more so than those in the United States. There are several public shops, though, where you may find a hundred different types of meat, and many people claim that the meat in this country is of the greatest quality.
Automobiles are prohibitively expensive in Uruguay, compared to the United States or much of Europe, and as a result, many Uruguayans travel only by foot, cab, scooters, motorbikes, or bus. Uruguay, fortunately, has a well-developed internal bus system. Buses run frequently, are safe, and are comfortable. Taxis do exist in Uruguay, and they are safe and reasonably priced, costing around $2 per kilometer. In Uruguay, all taxis have regulated prices and use meters.
In Uruguay, utilities are somewhat expensive, though this varies depending on the size of your residence. Basic utilities, such as power, heating, cooling, water, gas, and waste services, will cost around $120 for an apartment of roughly 85m2. In comparison, the Internet is relatively inexpensive, roughly $30 per month.
The sample budget’s internet plan includes indefinite use over a fiber optic line with a downloading rate of 400 Mbps and an upload speed of 10 Mbps. An inbound phone line with a phone number is included with the service.
Living in a Rural Area
Rent, clothing and other household supplies are frequently cheaper in Uruguay’s rural communities. They will, however, most likely incur the added cost of a vehicle. As a result, the monthly charge of living in a very rural location is frequently compared to the cost of living in Montevideo.
Sporting activities are unquestionably expensive in Uruguay, as they are in other countries. A gym or fitness facility membership will set you back roughly $50 per month. Leisure and recreational activities, such as going to the movies, are also relatively costly, a single theatre ticket costs $9.
Clothing and shoes
In the same way that many developing countries’ retail industries are still controlled by small specialized shops, tiny supermarket chains, and small, populated shopping centers, Uruguay’s retail market is still influenced by small specialized shops, small grocery stores, and small, populated shopping centers, so you won’t find huge shopping malls where you can wander around for hours. You’ll still find some nice clothes, but don’t expect them to be cheap.
Electricity costs vary significantly overall efficiency of your air-conditioning system, how much use it, as well as the size of your flat. As a result, actual costs may be much lower or substantially higher than the example budget estimate. My electrical expenditures, for example, are far lower than the budget projection.
Everyone else with bigger houses (for example, 1,400 square feet or more) and electrical in-floor heating systems that need a thermostat to maintain a consistent temperature will almost certainly pay substantially more than just the budgeted amount during the colder months.
Rent per month
Once you move to Uruguay, you can expect to spend a significant portion of your income on housing. If you acquire a roommate, your rent will be lower, and your extra expenses will be cut in half, relying on your lifestyle. A studio bedroom in the city center will set you back roughly 500 dollars, while a larger apartment in the same area will set you back around 840 dollars.
How does the average Uruguayan spend their money?
Despite the high cost of living, food remains the people of Uruguay’s single largest expenditure. We’ve shown that rent isn’t the most expensive component of life in Uruguay, but it is nonetheless costly when compared to the average monthly earnings of an Uruguayan citizen. Besides rent and food, restaurants, as well as transportation costs, account for a significant portion of overall spending. Clothing, as everywhere else, takes up a little portion of an ordinary person’s wage in Uruguay.
Frequently Asked Questions
- Is it expensive to live in Uruguay?
Yes, it is expensive but if can afford the expenses, it is a good place to live.
- Do people move in Uruguay right now?
Yes, a lot of people moved there.