Is Carrasco or Cerro cheaper in Montevideo?

Cerro is approximately 46% cheaper than Carrasco in Montevideo, based on rent and local cost-of-living multipliers.

What is the rent difference between Carrasco and Cerro in Montevideo?

Estimated 1-bedroom rent in Carrasco is $U 27,312/month, compared to $U 14,706/month in Cerro.

What are the cost-of-living multipliers for Carrasco and Cerro?

Carrasco has a cost multiplier of 1.30x and Cerro has 0.70x relative to the Montevideo average. Higher multipliers mean higher living costs in that neighborhood.

What salary do I need in Carrasco vs Cerro?

A $75,000 USD salary is equivalent to approximately $U 1,329,872 in Carrasco and $U 718,509 in Cerro, after adjusting for neighborhood-level cost of living in Montevideo.

How do I compare the cost of living between Carrasco and Cerro?

Use the salary converter at salary-converter.com to compare Carrasco and Cerro in Montevideo. The tool accounts for rent, groceries, transport, utilities, healthcare, and tax differences at the neighborhood level.

Carrasco vs Cerro

Neighborhood comparison in Montevideo, Uruguay

Carrasco

42.2

COLI Index

More Expensive

Cerro

22.8

COLI Index

More Affordable

Side-by-Side Comparison

1.30x

Carrasco Multiplier

0.70x

Cerro Multiplier

$U 27,312

Est. 1BR Rent

$U 14,706

Est. 1BR Rent

$U 1,329,872

$75K Equivalent

$U 718,509

$75K Equivalent

Cost Comparison

Carrasco

1.30x

Cerro

0.70x

Carrasco is 46% more expensive than Cerro within Montevideo. Living in Cerro instead of Carrasco could save you significantly on rent and daily expenses.

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Data Sources: Cost of living data from Numbeo · Expatistan. Rent from Numbeo Property Prices. Tax rates from OECD Taxing Wages. Salary data from BLS · Glassdoor. Exchange rates from the ECB. Updated 2026-02-28. All figures are estimates.