Mexico City vs Montevideo
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Mexico City vs Montevideo
Montevideo is 11% more affordable for homebuyers. Mexico City has a price-to-income ratio of 7.5x compared to 7.2x in Montevideo.
| Metric | Mexico City | Montevideo |
|---|---|---|
| Avg Home Price | $180,000 | $160,000 |
| Price / sqm | $2,800 | $2,500 |
| Rent (1BR) | $800/mo | $550/mo |
| Rent (3BR) | $1,400/mo | $950/mo |
| Price-to-Income | 7.5x | 7.2x |
| Mortgage Rate | 10.5% | 9.5% |
| 1yr Change | +5.2% | +1.8% |
| Median Income | $24,000/yr | $22,000/yr |
| Population | 9,200,000 | 1,800,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Mexico City or Montevideo more expensive?
Montevideo is more affordable. Home prices differ by $20,000 (11%).
Which city has cheaper rent, Mexico City or Montevideo?
Rent for a 1BR in Mexico City is $800/mo vs $550/mo in Montevideo.
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