HomePricePeek

Montevideo vs Phoenix

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Montevideo vs Phoenix

Montevideo is 58% more affordable for homebuyers. Montevideo has a price-to-income ratio of 7.2x compared to 5.5x in Phoenix.

MetricMontevideoPhoenix
Avg Home Price$160,000$380,000
Price / sqm$2,500$3,800
Rent (1BR)$550/mo$1,300/mo
Rent (3BR)$950/mo$2,000/mo
Price-to-Income7.2x5.5x
Mortgage Rate9.5%6.8%
1yr Change+1.8%+2.8%
Median Income$22,000/yr$69,000/yr
Population1,800,0001,600,000
MontevideoView full details โ†’PhoenixView full details โ†’
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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.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Montevideo or Phoenix more expensive?
Montevideo is more affordable. Home prices differ by $220,000 (58%).
Which city has cheaper rent, Montevideo or Phoenix?
Rent for a 1BR in Montevideo is $550/mo vs $1,300/mo in Phoenix.

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