Cost of Living in Budva - Updated Prices & Insights

64.01
Solo nomad: Estimated monthly costs are $889 (excluding rent), and $1,743 including rent.
Family of 3: Estimated monthly costs are $2,186 (excluding rent), and $3,782 including rent.
Currency
Do you live in Budva? Add cost details
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$15.98 €13.8
$11.41 €9.85
$28.54 €24.64
Three-Course Dinner for Two, Mid-Range
$65.6 €56.7
$51.4 €44.35
$78.8 €68
Fast Food Meal (McDonalds, etc)
$11.72 €10.12
$7.03 €6.07
$14.07 €12.15
Cappuccino
$2.93 €2.53
$1.88 €1.62
$4.69 €4.05
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.25 €1.94
$1.17 €1.01
$3.51 €3.03
Water (0.33 liter bottle)
$1.43 €1.23
$0.91 €0.79
$2.83 €2.44
Local Beer (0.5 liter draught)
$3.44 €2.97
$3.44 €2.97
$4.6 €3.97
Imported Beer (0.33 liter bottle)
$3.83 €3.3
$2.35 €2.03
$4.71 €4.07
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.38 €1.19
$1.13 €0.98
$1.94 €1.68
White Bread (500g)
$1.15 €0.99
$0.73 €0.63
$1.88 €1.62
Rice (white) (1kg)
$2.44 €2.11
$1.42 €1.23
$3.53 €3.05
Eggs
$3.14 €2.71
$2.75 €2.38
$3.54 €3.05
Local Cheese (1kg)
$9.22 €7.96
$7.13 €6.16
$10.71 €9.25
Chicken Fillets (1kg)
$8.47 €7.31
$3.55 €3.06
$13.05 €11.27
Beef Round Steak (1kg)
$11.59 €10.01
$9.67 €8.35
$14.8 €12.77
Apples (1kg)
$1.23 €1.07
$1.13 €0.97
$1.91 €1.65
Banana (1kg)
$1.8 €1.55
$1.48 €1.28
$2.66 €2.3
Oranges (1kg)
$1.67 €1.44
$1.18 €1.02
$2.23 €1.93
Tomato (1kg)
$2.82 €2.43
$1.93 €1.67
$3.06 €2.64
Potato (1kg)
$1.09 €0.94
$0.83 €0.72
$1.41 €1.22
Onion (1kg)
$1.29 €1.11
$0.53 €0.46
$1.77 €1.53
Lettuce (1 head)
$1.8 €1.55
$1.19 €1.03
$2.37 €2.05
Water (1.5 liter bottle)
$1.18 €1.02
$0.67 €0.58
$1.7 €1.47
Cigarettes 20 Pack (Marlboro, Camel)
$4.48 €3.87
$3.89 €3.36
$4.71 €4.07
Wine (Bottle)
$7.56 €6.52
$5.82 €5.02
$11.63 €10.04
Local Beer (0.5 liter bottle)
$1.23 €1.07
$1.02 €0.88
$1.47 €1.27
Imported Beer (0.33 liter bottle)
$1.81 €1.56
$1.19 €1.03
$3.19 €2.76
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$2.33 €2.01
$1.75 €1.51
$4.08 €3.52
Public Transport Monthly Pass (Regular Price)
$40.42 €34.9
$34.65 €29.91
$46.19 €39.88
Taxi Start (Normal Tariff)
$1.13 €0.98
$1.13 €0.98
$1.7 €1.47
Taxi (Normal Tariff) (1km)
$1.05 €0.91
$1.05 €0.91
$1.58 €1.36
Taxi 1hour Waiting (Normal Tariff)
$17.27 €14.92
$17.27 €14.92
$17.27 €14.92
Gasoline (1 liter)
$1.72 €1.48
$1.62 €1.4
$1.81 €1.57
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.3K €26.1K
$29.1K €25.1K
$31.4K €27.1K
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K €22.7K
$25.1K €21.7K
$27.4K €23.6K
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$161 €139
$99.8 €86.2
$235 €203
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.07 €15.6
$11.37 €9.82
$25.01 €21.59
Internet (50+ Mbps, Unlimited Data)
$33.64 €29.04
$29.44 €25.42
$47.11 €40.68
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$61 €52.7
$46.19 €39.88
$75.1 €64.8
Tennis Court (1 Hour on Weekend)
$23.54 €20.33
$13.67 €11.8
$23.54 €20.33
Cinema Ticket
$5.67 €4.89
$4.53 €3.91
$6.79 €5.86
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$410 €354
$343 €297
$458 €395
International Primary School, 1 Child (Yearly)
$9,986 €8,622
$8,035 €6,937
$17.2K €14.9K
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$116 €100
$81.2 €70.1
$139 €120
Summer Dress (H&M, Zara, etc)
$47.84 €41.31
$28.7 €24.78
$57.4 €49.57
Sport Shoes (Adidas, Nike)
$111 €95.8
$80.9 €69.8
$173 €150
Men's Leather Business Shoes
$204 €176
$116 €101
$233 €201
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$931 €804
$795 €686
$1,362 €1,176
1-bedroom Apartment, Outside City Center (Monthly)
$693 €599
$578 €499
$1,040 €898
3-bedroom Apartment, City Center (Monthly)
$1,762 €1,521
$1,490 €1,286
$2,292 €1,979
3-bedroom Apartment, Outside City Center (Monthly)
$1,399 €1,208
$1,033 €892
$1,722 €1,486
Buy Apartment in City Center (m2)
$3,616 €3,122
$3,257 €2,812
$4,071 €3,515
Buy Apartment Outside City Center (m2)
$2,815 €2,431
$2,283 €1,971
$3,424 €2,956
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$907 €783
-
20-Year Fixed Mortgage Interest Rate (Annual %)
5.93
5.1
6.99
Citycost data is based on AI and user input – minor inaccuracies may occur.
City tags:
Cost of Living in Budva - Frequently Asked Questions
Is Budva a good value for travelers, expats, or digital nomads when comparing overall affordability to other coastal towns?
Cost of Living in Budva, Montenegro is shaped by seasonality and location along the Adriatic. In high season, expect busier streets and pricier eateries, while shoulder seasons offer more room to stretch a budget. You’ll find a range of accommodation – from compact studio apartments near the Old Town to newer rentals with sea views – that fits different budgets, though longer stays may yield better monthly rates. Food and groceries drift with tourist demand but remain reasonable compared to Western Europe, especially if you shop local markets and dine away from the marina. Transport costs are moderate, with walkable streets and ferries to nearby beaches. Tip: plan ahead for summer spikes and consider a flexible work schedule to capitalize on quieter months.
What does daily life look like in Budva in terms of housing search, food options, transport, and coworking or errands?
Housing search in Budva asks you to balance location, space, and value. In the Old Town you’ll pay a premium for walkable access to beaches and nightlife, while newer coastal blocks often offer larger apartments at better value. Short visits fit into studio layouts, but longer stays appreciate a real kitchen and workspace. Food options include busy market stalls, casual tavernas, and fresh seafood spots; budget-friendly meals are possible if you shop local and cook at home. Public transit covers the essentials; many places are within easy walking distance. Budva, Montenegro living cost varies by season, so plan for shoulder months. Tip: arrange several viewing windows and ask about inclusions.
How can you assess quality of life, stick to a budgeting framework, and spot seasonal differences to find the right neighborhood in Budva?
In Budva, you enjoy a scenic mix of beaches, old-town charm, and easy access to day trips along the coast. Build a simple budgeting framework: separate fixed costs (rent, utilities) from variable ones (food, entertainment, transport) and track them monthly. To save, choose neighborhoods a short walk from the marina or old town to minimize transit; cook at home with fresh seafood from markets; take public buses or walk instead of rideshares during busy periods. Seasonal living can swing your routine – summer crowds mean busier services, while quieter winters offer lower-rate stays. Tip: set a ceiling for monthly housing and test different neighborhoods for a week before committing.
Join the CityCost newsletter – low traffic, no spam, and easy to unsubscribe. Your email stays private.