Is Punta Gorda Expensive?

Montevideo, Uruguay

+12% vs Montevideo avg

Living in Punta Gorda, Montevideo

Punta Gorda is one of the pricier neighborhoods in Montevideo, with a cost of living index of 36.4 — that is +12% compared to the Montevideo average. It ranks #4 out of 18 areas by cost. Estimated rent for a one-bedroom apartment here is around $U 23,530/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 Punta Gorda, housing takes up roughly 30% 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 941,205 before tax.

Typical Salaries in Punta Gorda

Salaries in Punta Gorda reflect the local cost of living. Based on the neighborhood COLI of 36.4:

After tax and deductions of 27.2% in Uruguay, take-home pay for someone earning $U 941,205 would be roughly $U 685,197/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

36.4
COLI Index
1.12x
vs City Avg
$U 23,530
Est. 1BR Rent
#4
of 18 Areas
27.2%
Total Deductions

Tax & Deductions in Punta Gorda

Estimated annual deductions on a $U 1,147,093 salary in Punta Gorda, Montevideo (local employee).

Income Tax
9%
BPS Contributions
18.1%
Total Deductions: 27.2%
Est. Take-Home: $U 835,048/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $27,300
London GBP £23,494
Dubai AED AED 136,603

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%
Ciudad Vieja 35.1 1.08x +8%
Parque Rodó 34.1 1.05x +5%

View all 18 neighborhoods in Montevideo →

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Punta Gorda:

Juárez, Mexico City Avenidas Novas, Lisbon Graça, Lisbon Centro (5th Avenue), Playa del Carmen Bačvice, Split Surin, Phuket

Frequently Asked Questions

Is Punta Gorda expensive in Montevideo?

Yes, Punta Gorda is one of the more expensive neighborhoods in Montevideo. It costs about +12% more than the city average, ranking #4 out of 18 neighborhoods.

How does Punta Gorda compare to the Montevideo average?

The cost of living in Punta Gorda is above the Montevideo average. With a multiplier of 1.12x, everyday expenses including rent, food, and transportation are +12% 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.