Are you considering a move to Podgorica, Montenegro, and wondering about the cost of living? Podgorica is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Podgorica and help you understand whether $1577 per month is moderately priced, given the average monthly salary of $791.49.
|
Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
7.6 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
32.56 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
6.51 $ |
|
|
Domestic Beer (1 pint draught) |
2.39 $ |
|
|
Imported Beer (12 oz small bottle) |
3.15 $ |
|
|
Cappuccino (regular) |
1.79 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
1.89 $ |
|
|
Water (12 oz small bottle) |
1.56 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.42 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
0.9 $ |
|
|
Rice (white), (1 lb) |
2.0 $ |
|
|
Eggs (regular) (12) |
2.87 $ |
|
|
Local Cheese (1 lb) |
7.57 $ |
|
|
Chicken Fillets (1 lb) |
7.74 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
10.9 $ |
|
|
Apples (1 lb) |
1.27 $ |
|
|
Banana (1 lb) |
1.88 $ |
|
|
Oranges (1 lb) |
1.41 $ |
|
|
Tomato (1 lb) |
2.33 $ |
|
|
Potato (1 lb) |
0.97 $ |
|
|
Onion (1 lb) |
1.15 $ |
|
|
Lettuce (1 head) |
1.19 $ |
|
|
Water (1.5 liter bottle) |
0.74 $ |
|
|
Bottle of Wine (Mid-Range) |
5.43 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.06 $ |
|
|
Imported Beer (12 oz small bottle) |
1.52 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
3.8 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.98 $ |
|
|
Monthly Pass (Regular Price) |
32.56 $ |
|
|
Taxi Start (Normal Tariff) |
0.65 $ |
|
|
Taxi 1 mile (Normal Tariff) |
0.76 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
10.31 $ |
|
|
Gasoline (1 gallon) |
1.64 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27135.72 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28763.86 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
112.99 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
28.82 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
37.99 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
17.19 $ |
|
|
Cinema, International Release, 1 Seat |
5.43 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
206.23 $ |
|
|
International Primary School, Yearly for 1 Child |
5644.23 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
80.73 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.58 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
93.48 $ |
|
|
1 Pair of Men Leather Business Shoes |
98.37 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
551.4 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
402.6 $ |
|
|
Apartment (3 bedrooms) in City Centre |
948.46 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
696.96 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
2049.79 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
1590.57 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
791.49 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.46 % |
|
The monthly expenses for living in Podgorica come to a total of approximately $1577. This includes an average monthly rent of around $551 for a one-bedroom apartment in the city center, along with utilities costing about $127 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $496 per month.
Living in Podgorica appears to be relatively budget-friendly when considering the average monthly income of $791.49. However, to enjoy a comfortable standard of living in Podgorica, you would likely need an income exceeding $791.49.
In Podgorica, the average monthly post-tax salary hovers around $791.49, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Podgorica is approximately $551. If you're open to living in a location outside the city center, you can expect to pay around $402.6 for such an apartment.
The expense for groceries in Podgorica can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $403 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in Montenegro can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Montenegro.
Overall, Podgorica is a safe city 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.
Public transportation in Podgorica isn't as reliable as you'd expect it to be in a European capital, you might find yourself waiting for a bus that has been scheduled to arrive half an hour ago. You can use taxis, though they will probably try to overcharge you for a ride.
There is a risk of pickpockets, though less so in Podgorica, since it's not such a huge tourist destination. Still, keep your valuables locked in a safe place and never bring all your money with you. If you see a child running towards you, move out of the way and keep your purse tight in your hands.
Podgorica 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.
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 city.
There haven't been any terrorist attacks in Podgorica in its recent history, but attacks shouldn't be ruled out. Be aware of your surroundings at all times.
Scams exist in Podgorica, 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.
Podgorica 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.
For most nationals, a visa is not required to enter Podgorica. 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, contact your local Montenegrin embassy for further information.
Currency in Podgorica 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.
Podgorica has a continental climate where temperatures can drop down to as low as -3°C during winter. In the surrounding mountains, snow is often present even during spring.
Podgorica Airport is an international airport located in 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.
Just like anywhere else, we recommend getting travel insurance when traveling to Podgorica, since it covers not only medical problems but also theft and loss of valuables.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 50°F | 52°F | 59°F | 67°F | 76°F | 84°F | 90°F | 89°F | 80°F | 70°F | 60°F | 52°F |
| Temp | 41°F | 44°F | 50°F | 57°F | 66°F | 74°F | 80°F | 80°F | 70°F | 61°F | 51°F | 43°F |
| Low | 34°F | 36°F | 42°F | 49°F | 56°F | 64°F | 69°F | 68°F | 61°F | 52°F | 43°F | 36°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 10°C | 11°C | 15°C | 19°C | 24°C | 28°C | 32°C | 31°C | 26°C | 21°C | 15°C | 11°C |
| Temp | 5°C | 6°C | 10°C | 13°C | 18°C | 23°C | 26°C | 26°C | 21°C | 16°C | 10°C | 6°C |
| Low | 1°C | 2°C | 5°C | 9°C | 13°C | 17°C | 20°C | 20°C | 16°C | 11°C | 6°C | 2°C |