Is Carrasco or Punta Carretas cheaper in Montevideo?

Punta Carretas is approximately 4% cheaper than Carrasco in Montevideo, based on rent and local cost-of-living multipliers.

What is the rent difference between Carrasco and Punta Carretas in Montevideo?

Estimated 1-bedroom rent in Carrasco is $U 27,312/month, compared to $U 26,261/month in Punta Carretas.

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

Carrasco has a cost multiplier of 1.30x and Punta Carretas has 1.25x relative to the Montevideo average. Higher multipliers mean higher living costs in that neighborhood.

What salary do I need in Carrasco vs Punta Carretas?

A $75,000 USD salary is equivalent to approximately $U 1,329,872 in Carrasco and $U 1,279,450 in Punta Carretas, after adjusting for neighborhood-level cost of living in Montevideo.

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

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

Carrasco vs Punta Carretas

Neighborhood comparison in Montevideo, Uruguay

Carrasco

42.2

COLI Index

More Expensive

Punta Carretas

40.6

COLI Index

More Affordable

Side-by-Side Comparison

1.30x

Carrasco Multiplier

1.25x

Punta Carretas Multiplier

$U 27,312

Est. 1BR Rent

$U 26,261

Est. 1BR Rent

$U 1,329,872

$75K Equivalent

$U 1,279,450

$75K Equivalent

Cost Comparison

Carrasco

1.30x

Punta Carretas

1.25x

Carrasco is 4% more expensive than Punta Carretas within Montevideo. Living in Punta Carretas 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.