
Montevideo and Mexico City not only are the two most expensive cities to buy real estate in Latin America. They would also be in the top 10 of most expensive states in the U.S., according to a comparison from the most recent cost of buying real estate in the country and the region.
Latin America's figures stem from a new report by Argentine real estate company Zonaprop and Di Tella University, while the ones from the U.S. do so from PortlandRealEstate.com. They show that the average price of a square meter in the Uruguayan capital clocks in at $3,166, while that of Mexico city does so at $2,948.