Cost of Living Comparison Between Berane and Budva Cost of Living Comparison Between Berane and Budva

Monthly Cost of Living

Monthly costs for one person with rent: $1,539 in Berane versus $1,705 in Budva.

Estimated couple costs with rent: $2,411 in Berane versus $2,731 in Budva.

Monthly costs for a family of three with rent: $3,284 in Berane versus $3,757 in Budva.

Living in Berane costs roughly 10% less than in Budva, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Berane 15% above, Budva 27% above.

Meal at Budget Restaurant

$16.50 €14.07

$16.00 €13.65

3.13%

Three-Course Dinner for Two, Mid-Range

$65.5 €55.9

$66.7 €56.9

-1.77%

Fast Food Meal (McDonalds, etc)

$11.35 €9.69

$11.47 €9.78

-1.05%

Cappuccino

$2.96 €2.53

$2.97 €2.53

-0.34%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.16 €1.84

$2.19 €1.87

-1.37%

Water (0.33 liter bottle)

$1.49 €1.27

$1.44 €1.23

3.47%

Local Beer (0.5 liter draught)

$3.55 €3.03

$3.49 €2.98

1.72%

Imported Beer (0.33 liter bottle)

$3.86 €3.30

$3.77 €3.22

2.39%

Milk (1 liter)

$1.38 €1.18

$1.44 €1.23

-4.17%

White Bread (500g)

$1.15 €0.98

$1.11 €0.95

3.60%

Rice (white) (1kg)

$2.42 €2.06

$2.40 €2.05

0.83%

Eggs

$3.26 €2.78

$3.23 €2.76

0.93%

Local Cheese (1kg)

$8.83 €7.53

$8.74 €7.46

1.03%

Chicken Fillets (1kg)

$8.34 €7.11

$8.36 €7.13

-0.24%

Beef Round Steak (1kg)

$11.83 €10.09

$11.59 €9.89

2.07%

Apples (1kg)

$1.29 €1.10

Banana (1kg)

$1.74 €1.48

$1.81 €1.55

-3.87%

Oranges (1kg)

$1.67 €1.43

$1.66 €1.42

0.60%

Tomato (1kg)

$2.90 €2.48

$2.79 €2.38

3.94%

Potato (1kg)

$1.04 €0.89

Onion (1kg)

$1.28 €1.09

$1.25 €1.07

2.40%

Lettuce (1 head)

$1.72 €1.47

$1.71 €1.46

0.58%

Water (1.5 liter bottle)

$1.19 €1.01

$1.23 €1.05

-3.25%

Cigarettes 20 Pack (Marlboro, Camel)

$4.38 €3.74

Wine (Bottle)

$4.74 €4.05

$6.55 €5.59

-27.63%

Local Beer (0.5 liter bottle)

$1.28 €1.09

$1.28 €1.10

Imported Beer (0.33 liter bottle)

$1.72 €1.47

$1.74 €1.49

-1.15%

One-way Ticket (Public Transport)

$1.43 €1.22

$2.33 €1.98

-38.63%

Public Transport Monthly Pass (Regular Price)

$38.21 €32.59

$39.97 €34.10

-4.40%

Taxi Start (Normal Tariff)

$1.18 €1.01

$1.19 €1.02

-0.84%

Taxi (Normal Tariff) (1km)

$1.01 €0.86

$1.01 €0.87

Taxi 1hour Waiting (Normal Tariff)

$17.04 €14.53

$17.22 €14.69

-1.05%

Gasoline (1 liter)

$1.73 €1.47

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.7K €25.4K

$30.1K €25.7K

-1.26%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.5K €22.6K

$27.0K €23.0K

-1.99%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$162 €138

0.02%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$18.70 €15.95

$18.71 €15.96

-0.05%

Internet (50+ Mbps, Unlimited Data)

$33.26 €28.37

$33.69 €28.74

-1.28%

Gym Membership (Monthly)

$44.61 €38.05

$62.2 €53.0

-28.23%

Tennis Court (1 Hour on Weekend)

$14.31 €12.21

$24.22 €20.66

-40.92%

Cinema Ticket

$5.65 €4.82

$5.90 €5.03

-4.24%

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

$407 €347

$420 €358

-3.08%

International Primary School, 1 Child (Yearly)

$10.2K €8,711

$10.2K €8,687

0.27%

Jeans (Levis 501 Or Similar)

$118 €100

$114 €97.6

2.74%

Summer Dress (H&M, Zara, etc)

$49.01 €41.81

$48.09 €41.02

1.91%

Sport Shoes (Adidas, Nike)

$111 €94.3

$112 €95.1

-0.89%

Men's Leather Business Shoes

$201 €171

$206 €176

-2.56%

1-bedroom Apartment, City Center (Monthly)

$729 €622

$947 €808

-23.01%

1-bedroom Apartment, Outside City Center (Monthly)

$545 €465

$684 €583

-20.24%

3-bedroom Apartment, City Center (Monthly)

$1,279 €1,091

$1,751 €1,493

-26.93%

3-bedroom Apartment, Outside City Center (Monthly)

$914 €780

$1,414 €1,206

-35.31%

Buy Apartment in City Center (m2)

$4,250 €3,626

$4,260 €3,634

-0.22%

Buy Apartment Outside City Center (m2)

$2,856 €2,436

$3,133 €2,672

-8.83%

Average Monthly Net Salary (After Tax)

$593 €506

$1,065 €909

-44.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.93

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Berane: April 21, 2026

Last update for Budva: April 19, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $729 in Berane and $947 in Budva. Housing cost is often the main lever when comparing two cities.

Budva pays 80% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $66 in Berane vs $67 in Budva for a mid-range dinner for two. Groceries echo the gap at $236 vs $239 per month, with Berane cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Berane vs Budva: Cost of Living - Frequently Asked Questions

Berane is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Sport & Entertainment, Monthly Utilities & Internet, Getting Around. The 11% gap adds up to real monthly savings that compound significantly over time.

On paper, Budva earns 80% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $729 in Berane versus $947 in Budva. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,539 per month in Berane versus $1,705 in Budva – a 11% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Berane runs roughly 5% less than in Budva. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,539 in Berane versus $1,705 in Budva, a $1,500 budget is realistic in Berane but tight or insufficient in Budva. The gap between the two cities makes Berane the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Berane and Budva are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Berane gentler on the wallet – expenses run 11% less than in Budva. Beyond cost, consider language, visa policies, and how big the international community is in each city.