| Category | Cost |
|---|---|
| Apartment Rental (1 bedroom in City Center) | $500 – $700 per month |
| Apartment Rental (1 bedroom Outside of Center) | $350 – $500 per month |
| Apartment Purchase Price (City Center) | $1,500 – $2,000 per square meter |
| Apartment Purchase Price (Outside of Center) | $1,000 – $1,500 per square meter |
| Transportation (Monthly Pass) | $30 – $50 |
| Transportation (Gasoline, 1 liter) | $1.30 – $1.50 |
| Groceries (Milk, 1 liter) | $0.90 – $1.20 |
| Groceries (Bread, 500g) | $1.50 – $2.00 |
| Groceries (Rice, 1kg) | $1.00 – $1.50 |
| Groceries (Chicken Breasts, 1kg) | $5.00 – $7.00 |
| Restaurants (Meal for 2 People, Mid-range Restaurant, Three-course) | $30 – $50 |
| Restaurants (Domestic Beer, 0.5 liter draught) | $2.00 – $3.00 |
| Utilities (Basic for 85m2 Apartment) | $100 – $150 per month |
| Private School Tuition (Preschool) | $200 – $400 per month |
| Private School Tuition (Elementary School) | $300 – $500 per month |
| Private School Tuition (Middle School) | $400 – $600 per month |
| Private School Tuition (High School) | $500 – $700 per month |
Monthly Budget for Retirees in Maldonado
“The cost of living in Maldonado is considered moderate. Rent for a one-bedroom apartment in the city center can be quite affordable, while outside the city center, it can be even cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also relatively low. Groceries in Maldonado are reasonably priced, with local markets offering fresh produce at lower costs. Dining out at an inexpensive restaurant is also quite affordable, while a three-course meal for two people at a mid-range restaurant can be a bit more expensive. Public transportation in Maldonado is relatively cheap, and the cost of gasoline is also reasonable. However, owning and maintaining a car can be quite expensive due to high import taxes on vehicles. Healthcare in Maldonado is of good quality and is relatively affordable, especially when compared to countries like the United States. However, private health insurance can be quite costly. Overall, the cost of living in Maldonado, Uruguay is affordable for many, but it can vary greatly depending on lifestyle and personal spending habits,” said one expat living in Maldonado.
Can I live in Maldonado on $1,500 a month?
“I’ve been living in Maldonado for a few years now and I can tell you that it’s definitely possible to live comfortably on $1,500 a month, but it does require some careful budgeting and lifestyle adjustments. The cost of living here is relatively low compared to many other places, but it’s not the cheapest place in South America. Firstly, housing is going to be your biggest expense. If you want to live in a modern apartment with all the amenities, you’re looking at around $500-$700 a month in rent. The most affordable neighborhoods are Maldonado Nuevo and Cerro Pelado, where you can find decent apartments for around $400-$500 a month. On the other hand, neighborhoods like Punta Ballena and La Barra are more upscale and expensive, so you might want to avoid those if you’re on a tight budget. Food is relatively cheap, especially if you cook at home. You can get a week’s worth of groceries for around $50-$60. Eating out can be a bit pricey, especially in touristy areas, but there are plenty of affordable local restaurants where you can get a meal for around $10. Utilities like electricity, water, and internet are fairly reasonable, usually around $100-$150 a month. Public transportation is also quite cheap, but if you want to have a car, keep in mind that gas prices are higher than in the U.S. Healthcare is another thing to consider. Public healthcare is free, but the quality can be hit or miss. Private healthcare is better, but it can cost around $100 a month. As for entertainment, there are plenty of free or cheap things to do. The beaches are free, there are beautiful parks and nature reserves to explore, and the city has a vibrant cultural scene with lots of free events and festivals. So, to live comfortably on $1,500 a month, you’ll need to stick to a budget, cook at home most of the time, and choose your neighborhood wisely. But overall, I’ve found that the quality of life here is excellent and the cost of living is quite reasonable,” commented an expat living in Maldonado.
Can I live in Maldonado on $3,500 a month?
“I’ve been living in Maldonado for a few years now and I can tell you that it’s definitely possible to live comfortably on $3,000 a month, even if you’re used to modern amenities. However, you might have to make a few sacrifices. For instance, dining out at high-end restaurants or frequenting upscale bars might have to be a once-in-a-while treat rather than a regular occurrence. The cost of living here is relatively low compared to many places, but it’s not dirt cheap either. In terms of housing, you’ll find that the cost can vary greatly depending on the neighborhood. If you’re looking for more affordable options, I’d recommend looking into areas like Cerro Pelado or Maldonado Nuevo. These are more residential areas, but they’re still close to the city center and have all the necessary amenities. You can find a decent apartment for around $500-$700 a month. On the other hand, if you’re considering neighborhoods like Punta del Este or La Barra, be prepared to pay a premium. These are the more upscale areas, popular with tourists and expats, and the cost of housing can easily go over $1,000 a month. Groceries are reasonably priced, especially if you shop at local markets. I spend around $300 a month on groceries. Utilities, including internet, electricity, and water, come to about $200 a month. Public transportation is quite affordable, but if you’re planning on getting a car, keep in mind that cars and gas can be quite expensive here. I use public transportation and spend around $50 a month. Healthcare is another factor to consider. The public healthcare system is decent, but if you prefer private healthcare, it can be quite costly. I have a private health insurance plan that costs me around $100 a month. So, all in all, if you budget wisely, $3,000 a month should be more than enough to live comfortably in Maldonado, Uruguay. Just keep in mind that you might have to adjust your lifestyle a bit, especially if you’re used to living in a more expensive city,” said one expat living in Maldonado.
Can I live in Maldonado on $5,000 a month?
“I’ve been living in Maldonado for a few years now and I can tell you that it’s definitely possible to live comfortably on $5,000 a month, even if you’re used to modern amenities. The cost of living here is quite reasonable compared to many other places. For instance, you can rent a nice apartment in a good neighborhood for around $1,000 a month. If you’re looking for more affordable neighborhoods, I’d recommend places like Pinares or San Francisco. They’re a bit further from the city center, but they’re quiet, safe, and you can find a decent place to live for around $700 a month. On the other hand, if you’re looking for more upscale neighborhoods, you might want to consider Punta del Este or La Barra. These are some of the most expensive areas in Maldonado, where rents can go up to $2,000 a month or more. But even in these areas, $5,000 a month should be more than enough to cover your living expenses. As for other costs, groceries will probably set you back around $300 a month, utilities around $200, and a meal at a mid-range restaurant costs about $20. So, all in all, you’re looking at around $2,000 to $3,000 a month for basic living expenses, depending on your lifestyle and the neighborhood you choose. That leaves you with plenty of money for entertainment, travel, and savings. Of course, you might have to make some sacrifices. For instance, imported goods are quite expensive here, so you might have to adjust your shopping habits a bit. But overall, I’d say that living in Maldonado on $5,000 a month is not only feasible, but also quite comfortable,” commented an expat living in Maldonado.
