Is Parque Rodó Expensive?

Montevideo, Uruguay

+5% vs Montevideo avg

Living in Parque Rodó, Montevideo

Parque Rodó is a moderately-priced area within Montevideo, with a cost of living index of 34.1 — that is +5% compared to the Montevideo average. It sits around the middle of the pack at #6 out of 18 neighborhoods. Estimated rent for a one-bedroom apartment here is around $U 22,059/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 Parque Rodó, housing takes up roughly 28% 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 882,380 before tax.

Typical Salaries in Parque Rodó

Salaries in Parque Rodó reflect the local cost of living. Based on the neighborhood COLI of 34.1:

After tax and deductions of 26.2% in Uruguay, take-home pay for someone earning $U 882,380 would be roughly $U 651,196/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

34.1
COLI Index
1.05x
vs City Avg
$U 22,059
Est. 1BR Rent
#6
of 18 Areas
26.2%
Total Deductions

Tax & Deductions in Parque Rodó

Estimated annual deductions on a $U 1,074,612 salary in Parque Rodó, Montevideo (local employee).

Income Tax
8%
BPS Contributions
18.1%
Total Deductions: 26.2%
Est. Take-Home: $U 793,082/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $25,575
London GBP £22,009
Dubai AED AED 127,972

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 →

Convert Your Salary

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Parque Rodó:

Kadriorg, Tallinn Insurgentes Sur, Mexico City Kata, Phuket Phra Khanong, Bangkok Bangrak, Bangkok Prague 6 (Dejvice), Prague

Frequently Asked Questions

Is Parque Rodó expensive in Montevideo?

Parque Rodó is near the city average for Montevideo. Costs are about +5% vs the average, making it a mid-range neighborhood.

How does Parque Rodó compare to the Montevideo average?

The cost of living in Parque Rodó is above the Montevideo average. With a multiplier of 1.05x, everyday expenses including rent, food, and transportation are +5% 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.