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Montevideo, April 19th 2024 - 22:21 UTC

Tag: expensive city

  • Friday, March 29th 2019 - 18:39 UTC

    Montevideo: The most expensive city and the best place to live in Latin America?

    Unlike the cities studied of the great neighbors, Brazil and Argentina, Montevideo (and Uruguay) stands out for the quality of its democracy and its relative economic stability

    The Uruguayan capital is the most expensive and the best to live in the region. At least that's what the studies of The Economist, which positioned Montevideo behind Mexico City in terms of cost, and the consultancy Mercer, which places the capital at the top of Latin American quality of life ranking, revealed in publications made this month. El País (Madrid) explains that Montevideo has a “crazy decadent charm”. However, why does this phenomenon occur?