Cost of Living in Montenegro

Podgorica Budva Kolasin Kotor Niksic Perast Sutomore Tivat Bar Berane Ulcinj Bijelo Polje Zabljak Cetinje Danilovgrad Herceg Novi Igalo

If you've ever considered moving to Montenegro, one of the first questions that likely crossed your mind is, "What is the cost of living in Montenegro?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Montenegro and whether the reported $1180 per month figure aligns with the average monthly salary of $552.36.

Restaurants
Markets
Transportation
Childcare
Clothing
Rent Per Month
Buy Apartment
Salaries
Montenegro
restaurant

Restaurants

Price

World Range

Meal, Inexpensive Restaurant

5.73 $

Meal for 2 People, Mid-range Restaurant, Three-course

28.65 $

McMeal at McDonalds (or Equivalent Combo Meal)

4.3 $

Domestic Beer (1 pint draught)

1.91 $

Imported Beer (12 oz small bottle)

2.39 $

Cappuccino (regular)

1.45 $

Coke/Pepsi (12 oz small bottle)

1.75 $

Water (12 oz small bottle)

1.15 $

store

Markets

Price

World Range

Milk (regular), (1 gallon)

0.91 $

Loaf of Fresh White Bread (1 lb)

0.63 $

Rice (white), (1 lb)

1.41 $

Eggs (regular) (12)

1.99 $

Local Cheese (1 lb)

5.69 $

Chicken Fillets (1 lb)

4.97 $

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

6.93 $

Apples (1 lb)

0.95 $

Banana (1 lb)

1.17 $

Oranges (1 lb)

1.08 $

Tomato (1 lb)

1.51 $

Potato (1 lb)

0.63 $

Onion (1 lb)

0.83 $

Lettuce (1 head)

0.74 $

Water (1.5 liter bottle)

0.61 $

Bottle of Wine (Mid-Range)

4.78 $

Domestic Beer (0.5 liter bottle)

0.83 $

Imported Beer (12 oz small bottle)

1.16 $

Cigarettes 20 Pack (Marlboro)

3.34 $

commute

Transportation

Price

World Range

One-way Ticket (Local Transport)

0.96 $

Monthly Pass (Regular Price)

28.65 $

Taxi Start (Normal Tariff)

0.96 $

Taxi 1 mile (Normal Tariff)

0.76 $

Taxi 1hour Waiting (Normal Tariff)

6.21 $

Gasoline (1 gallon)

1.37 $

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

19101.49 $

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

19339.46 $

mark_as_unread

Utilities (Monthly)

Price

World Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

97.24 $

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.13 $

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

23.28 $

kitesurfing

Sports And Leisure

Price

World Range

Fitness Club, Monthly Fee for 1 Adult

30.56 $

Tennis Court Rent (1 Hour on Weekend)

9.33 $

Cinema, International Release, 1 Seat

4.78 $

child_friendly

Childcare

Price

World Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

174.3 $

International Primary School, Yearly for 1 Child

5773.86 $

checkroom

Clothing And Shoes

Price

World Range

1 Pair of Jeans (Levis 501 Or Similar)

47.75 $

1 Summer Dress in a Chain Store (Zara, H&M, ...)

28.42 $

1 Pair of Nike Running Shoes (Mid-Range)

67.41 $

1 Pair of Men Leather Business Shoes

85.92 $

night_shelter

Rent Per Month

Price

World Range

Apartment (1 bedroom) in City Centre

363.37 $

Apartment (1 bedroom) Outside of Centre

266.69 $

Apartment (3 bedrooms) in City Centre

766.79 $

Apartment (3 bedrooms) Outside of Centre

533.16 $

home

Buy Apartment Price

Price

World Range

Price per Square Feet to Buy Apartment in City Centre

1644.09 $

Price per Square Feet to Buy Apartment Outside of Centre

1209.12 $

account_balance_wallet

Salaries And Financing

Price

World Range

Average Monthly Net Salary (After Tax)

552.36 $

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

4.94 %

Montenegro

How Safe Is Montenegro for Travel?
Warnings & Dangers in Montenegro

OVERALL RISK: LOW

Overall, Montenegro is a safe country to visit. Its crime rate is fairly low and as a tourist, you should only be worried about petty theft in destinations frequented by tourists. Otherwise, Montenegrin people are very warm and friendly.

TRANSPORT & TAXIS RISK: LOW

Public transportation in Montenegro isn't as reliable as you'd expect it to be in a European country, so you might find yourself waiting for a bus that has been scheduled to arrive half an hour ago. You can use taxis, though they might try to overcharge you for a ride.

PICKPOCKETS RISK: MEDIUM

There is a risk of pickpockets, especially in the cities of Budva, Kotor, Sveti Stefan, and Herceg Novi. These are the cities located along the coastline and during summer they are crowded with tourists, so keep your valuables locked in a safe place and never bring all your money with you (or to the beach!) If you see a child running towards you, move out of the way and keep your purse tight in your hands.

NATURAL DISASTERS RISK: LOW

Montenegro is exposed to natural disasters such as floods and earthquakes (with floods being the bigger risk), but they aren't very common and their consequences haven't been devastating in recent history.

MUGGING RISK: LOW

Cases of muggings and kidnapping are rarely if ever reported. If kidnapping does happen, it is usually a part of a conflict between several crime organizations. Violent crime doesn't affect tourists in this country.

TERRORISM RISK: LOW

There haven't been any terrorist attacks in Montenegro in its recent history, but attacks shouldn't be ruled out. Be aware of your surroundings at all times.

SCAMS RISK: MEDIUM

Scams exist in Montenegro, as in every tourist destination. Mostly, you should double-check every chance you get because they might try to trick you and give you the wrong change. Negotiate everything in advance to prevent taxis from overcharging you, and that applies to all other types of services, especially along the coastline.

WOMEN TRAVELERS RISK: LOW

Montenegro is very safe to travel to if you are a solo female. Montenegrin people are very friendly and warm. You might attract some unwanted attention at night near clubs and bars with local men, so avoid walking alone near those areas. Use common sense and your trip should go smoothly.

Useful Information & Tips
credit_card

Visas

For most nationals, a visa is not required in order to enter Montenegro. EU nationals may enter with a national ID card and stay for up to 30 days. Your passport needs to be valid during the duration of your stay. No additional validation is required. However, if you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.

currency_exchange

Currency

Currency in Montenegro is euro. ATMs are widely available, so you can collect your money there, and it is recommended that you exchange your money at the national banks. Credit cards are accepted in larger hotels and restaurants and usually accepted elsewhere too. Tipping isn't expected although it's common to round up to the nearest euro.

cloudy_snowing

Weather

Areas in Montenegro along the coastline are basking in a mild Mediterranean climate, with very warm summers (from May to October) and mild, rainy winters. Central and northern regions have a continental climate where temperatures can drop to -3°C during winter. In the northern mountains, snow is often present even during spring.

flight_takeoff

Airports

Podgorica Airport is an international airport located in the Montenegrin capital of Podgorica. It is one of two international airports in Montenegro, the other being Tivat Airport, located in Tivat, a city in the coastline region of Montenegro.

health_and_safety

Travel Insurance

Just like anywhere else, we recommend getting travel insurance when traveling to Montenegro, since it covers not only the costs of medical problems but also theft and loss of valuables.

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