Montevideo, Uruguay
+30% vs Montevideo avgCarrasco is the most expensive area in Montevideo, with a cost of living index of 42.2 — that is +30% compared to the Montevideo average. Only the top 1 of 18 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around $U 27,312/month, compared to a range of $U 14,706 in Cerro to $U 27,312 in Carrasco.
For a typical resident of Carrasco, housing takes up roughly 35% 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 1,092,470 before tax.
Salaries in Carrasco reflect the local cost of living. Based on the neighborhood COLI of 42.2:
After tax and deductions of 29.3% in Uruguay, take-home pay for someone earning $U 1,092,470 would be roughly $U 772,376/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a $U 1,329,872 salary in Carrasco, Montevideo (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Carrasco would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $31,650 |
| London | GBP | £27,238 |
| Dubai | AED | AED 158,370 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| 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% |
| Parque Rodó | 34.1 | 1.05x | +5% |
See exactly what you need to earn in Carrasco, Montevideo to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Carrasco:
Yes, Carrasco is one of the more expensive neighborhoods in Montevideo. It costs about +30% more than the city average, ranking #1 out of 18 neighborhoods.
The cost of living in Carrasco is significantly above the Montevideo average. With a multiplier of 1.30x, everyday expenses including rent, food, and transportation are +30% compared to the city baseline.