Is Aguada Expensive?

Montevideo, Uruguay

-25% vs Montevideo avg

Living in Aguada, Montevideo

Aguada is one of the most affordable neighborhoods in Montevideo, with a cost of living index of 24.4 — that is -25% compared to the Montevideo average. Ranked #16 of 18, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around $U 15,757/month, compared to a range of $U 14,706 in Cerro to $U 27,312 in Carrasco.

Monthly Budget Breakdown

For a typical resident of Aguada, housing takes up roughly 20% of monthly expenses. Food and groceries account for about 20%, while transportation costs around 11%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $U 630,271 before tax.

Typical Salaries in Aguada

Salaries in Aguada reflect the local cost of living. Based on the neighborhood COLI of 24.4:

After tax and deductions of 22.6% in Uruguay, take-home pay for someone earning $U 630,271 would be roughly $U 487,830/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

24.4
COLI Index
0.75x
vs City Avg
$U 15,757
Est. 1BR Rent
#16
of 18 Areas
22.6%
Total Deductions

Tax & Deductions in Aguada

Estimated annual deductions on a $U 768,931 salary in Aguada, Montevideo (local employee).

Income Tax
5%
BPS Contributions
18.1%
Total Deductions: 22.6%
Est. Take-Home: $U 594,803/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Aguada would need to be elsewhere:

City Currency Equivalent
New York USD $18,300
London GBP £15,749
Dubai AED AED 91,569

Other Neighborhoods in Montevideo

Neighborhood COLI Multiplier vs Avg
Carrasco 42.2 1.30x +30%
Punta Carretas 40.6 1.25x +25%
Pocitos 39.6 1.22x +22%
Punta Gorda 36.4 1.12x +12%
Ciudad Vieja 35.1 1.08x +8%

View all 18 neighborhoods in Montevideo →

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Compare Aguada

Aguada vs Cerro Aguada vs Unión

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Aguada:

Wichit, Phuket Churriana, Málaga Bailén-Miraflores, Málaga Alajuela, San José (CR) Tibás, San José (CR) Guadalupe, San José (CR)

Frequently Asked Questions

Is Aguada expensive in Montevideo?

Aguada is one of the more affordable neighborhoods in Montevideo. It costs about -25% less than the city average, ranking #16 out of 18 neighborhoods.

How does Aguada compare to the Montevideo average?

The cost of living in Aguada is well below the Montevideo average. With a multiplier of 0.75x, everyday expenses including rent, food, and transportation are -25% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.