Is Ciudad Vieja Expensive?

Montevideo, Uruguay

+8% vs Montevideo avg

Living in Ciudad Vieja, Montevideo

Ciudad Vieja is a moderately-priced area within Montevideo, with a cost of living index of 35.1 — that is +8% compared to the Montevideo average. It sits around the middle of the pack at #5 out of 18 neighborhoods. Estimated rent for a one-bedroom apartment here is around $U 22,690/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 Ciudad Vieja, housing takes up roughly 29% 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 907,590 before tax.

Typical Salaries in Ciudad Vieja

Salaries in Ciudad Vieja reflect the local cost of living. Based on the neighborhood COLI of 35.1:

After tax and deductions of 26.7% in Uruguay, take-home pay for someone earning $U 907,590 would be roughly $U 665,264/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

35.1
COLI Index
1.08x
vs City Avg
$U 22,690
Est. 1BR Rent
#5
of 18 Areas
26.7%
Total Deductions

Tax & Deductions in Ciudad Vieja

Estimated annual deductions on a $U 1,106,126 salary in Ciudad Vieja, Montevideo (local employee).

Income Tax
9%
BPS Contributions
18.1%
Total Deductions: 26.7%
Est. Take-Home: $U 811,328/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $26,325
London GBP £22,655
Dubai AED AED 131,725

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%
Parque Rodó 34.1 1.05x +5%

View all 18 neighborhoods in Montevideo →

Convert Your Salary

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Ciudad Vieja:

Anzures, Mexico City Kamala, Phuket Kata Noi, Phuket Pla del Real, Valencia Glyfada, Athens Žnjan, Split

Frequently Asked Questions

Is Ciudad Vieja expensive in Montevideo?

Ciudad Vieja is near the city average for Montevideo. Costs are about +8% vs the average, making it a mid-range neighborhood.

How does Ciudad Vieja compare to the Montevideo average?

The cost of living in Ciudad Vieja is above the Montevideo average. With a multiplier of 1.08x, everyday expenses including rent, food, and transportation are +8% 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.