HomePricePeek

Charlotte vs Montevideo

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Charlotte vs Montevideo

Montevideo is 56% more affordable for homebuyers. Charlotte has a price-to-income ratio of 5.2x compared to 7.2x in Montevideo.

MetricCharlotteMontevideo
Avg Home Price$360,000$160,000
Price / sqm$3,200$2,500
Rent (1BR)$1,500/mo$550/mo
Rent (3BR)$2,300/mo$950/mo
Price-to-Income5.2x7.2x
Mortgage Rate6.8%9.5%
1yr Change+4.2%+1.8%
Median Income$69,000/yr$22,000/yr
Population880,0001,800,000
CharlotteView full details โ†’MontevideoView 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 Charlotte or Montevideo more expensive?
Montevideo is more affordable. Home prices differ by $200,000 (56%).
Which city has cheaper rent, Charlotte or Montevideo?
Rent for a 1BR in Charlotte is $1,500/mo vs $550/mo in Montevideo.

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