Montevideo vs Santiago
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Montevideo vs Santiago
Montevideo is 11% more affordable for homebuyers. Montevideo has a price-to-income ratio of 7.2x compared to 9.5x in Santiago.
| Metric | Montevideo | Santiago |
|---|---|---|
| Avg Home Price | $160,000 | $180,000 |
| Price / sqm | $2,500 | $3,200 |
| Rent (1BR) | $550/mo | $650/mo |
| Rent (3BR) | $950/mo | $1,100/mo |
| Price-to-Income | 7.2x | 9.5x |
| Mortgage Rate | 9.5% | 5.8% |
| 1yr Change | +1.8% | +1.8% |
| Median Income | $22,000/yr | $19,000/yr |
| Population | 1,800,000 | 6,800,000 |
📊
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 Montevideo or Santiago more expensive?
Montevideo is more affordable. Home prices differ by $20,000 (11%).
Which city has cheaper rent, Montevideo or Santiago?
Rent for a 1BR in Montevideo is $550/mo vs $650/mo in Santiago.
Explore the DataPeek Network