He cost of living in Uruguay increased in the last month and a half and is already 96.8% higher than that of Argentinaaccording to updated data from Numbeo, a site specialized in comparing the costs of living in different cities and countries around the world.
In mid-April, the Uruguayan cost of living was 93.3% higher than the Argentine one, which represents an increase of more than 3 percentage points in just under two months.
In the comparison between the two countries, a rental in Uruguay is 128.5% more expensive than in Argentina. So far this year, as a result of the exchange differencethe Argentine border cities of Colon and Gualeguaychu they experience the phenomenon of hundreds of Uruguayans moving to live there while keeping their jobs on the other side of the river.
Live in Montevideowhich was recently listed by the same publication as the most expensive city in Latin America, is 90.8% more expensive than doing it in the Argentine capital, Buenos Aires.
According to the indicators of the specialized site, around 1,914.60 dollars would be needed in Buenos Aires to maintain the same standard of living that requires 3,608.30 dollars in Montevideo, including rent.
How much money does a family need to live in Uruguay?
According to the Numbeo index, the monthly costs for a family of four, without having to pay rent, is $2,945.80 (114,296.40 Uruguayan pesos, according to the exchange rate used by the publication). On the other hand, the estimated expenses for a single person are 828.30 dollars, a total of 32,168.90 pesos.
The distribution of Uruguayan expenses underwent slight modifications in the period. The division markets it went from representing 31.7% of expenses to 31.9%. The rental cost represents 19.6% (+0.5%), while the expenses in Restaurants and in Transport they rank third and fourth with 16.7% (-0.2%) and 14.6% (-0.4%).
Source: Ambito