Last update: Oct 2026

Cost of Living Comparison Between Berane and Budva

For one person, living is cheaper in Berane: $1,290 a month against $1,609 in Budva, rent and utilities included – about $3,800 less a year. Rent and utilities account for about half of the difference.

63

Cost of Living Index in Berane
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Berane Living Index
78

Cost of Living Index in Budva
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Budva Living Index

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Berane

🇲🇪 Montenegro

$1,290

/mo nomad

Budva

🇲🇪 Montenegro

$1,609

/mo nomad

Monthly Cost of Living

How much you'll spend in Berane and in Budva

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Berane and in Budva actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,290 in Berane versus $1,609 in Budva.

Berane $1,290
Budva $1,609

Estimated couple costs with rent: $2,020 in Berane versus $2,537 in Budva.

Berane $2,020
Budva $2,537

Monthly costs for a family of three with rent: $2,750 in Berane versus $3,464 in Budva.

Berane $2,750
Budva $3,464

Living in Berane costs roughly 20% less than in Budva, and outside of rent the biggest gap is in clothing.

The two cities straddle the global median: Berane is 5% below, Budva is 19% above.

Meal at Budget Restaurant

$11.30 €10.05

$14.51 €12.91

-22.12%

Three-Course Dinner for Two, Mid-Range

$36.82 €32.75

$67.6 €60.1

-45.54%

Fast Food Meal (McDonalds, etc)

$9.09 €8.09

$13.31 €11.84

-31.71%

Cappuccino

$2.49 €2.22

$3.56 €3.16

-30.06%

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

$2.49 €2.21

$2.21 €1.97

12.67%

Water (0.33 liter bottle)

$1.62 €1.44

$1.48 €1.32

9.46%

Local Beer (0.5 liter draught)

$2.74 €2.43

$4.72 €4.20

-41.95%

Imported Beer (0.33 liter bottle)

$3.34 €2.97

$4.30 €3.82

-22.33%

Milk (1 liter)

$1.16 €1.03

$1.27 €1.13

-8.66%

White Bread (500g)

$0.96 €0.85

$1.07 €0.95

-10.28%

Rice (white) (1kg)

$2.79 €2.48

$2.26 €2.01

23.45%

Eggs

$2.99 €2.66

$3.07 €2.73

-2.61%

Local Cheese (1kg)

$8.80 €7.83

$8.43 €7.50

4.39%

Chicken Fillets (1kg)

$7.56 €6.72

$9.14 €8.13

-17.29%

Beef Round Steak (1kg)

$12.66 €11.26

$12.18 €10.83

3.94%

Apples (1kg)

$1.33 €1.19

$1.29 €1.14

3.10%

Banana (1kg)

$1.53 €1.36

$1.68 €1.49

-8.93%

Oranges (1kg)

$1.62 €1.45

$1.54 €1.37

5.19%

Tomato (1kg)

$2.88 €2.56

$2.92 €2.59

-1.37%

Potato (1kg)

$0.94 €0.84

$0.91 €0.81

3.30%

Onion (1kg)

$1.23 €1.09

$1.08 €0.96

13.89%

Lettuce (1 head)

$1.51 €1.35

$1.67 €1.48

-9.58%

Water (1.5 liter bottle)

$0.93 €0.83

$0.89 €0.80

4.49%

Cigarettes 20 Pack (Marlboro, Camel)

$4.02 €3.57

$4.28 €3.81

-6.07%

Wine (Bottle)

$4.48 €3.98

$7.71 €6.86

-41.89%

Local Beer (0.5 liter bottle)

$1.24 €1.11

$1.08 €0.96

14.81%

Imported Beer (0.33 liter bottle)

$1.73 €1.54

$1.68 €1.50

2.98%

One-way Ticket (Public Transport)

$1.70 €1.51

$2.84 €2.52

-40.14%

Public Transport Monthly Pass (Regular Price)

$39.62 €35.24

$39.52 €35.15

0.25%

Taxi Start (Normal Tariff)

$1.11 €0.99

$1.10 €0.98

0.91%

Taxi (Normal Tariff) (1km)

$1.13 €1.01

$1.14 €1.01

-0.88%

Taxi 1hour Waiting (Normal Tariff)

$16.68 €14.84

$17.01 €15.13

-1.94%

Gasoline (1 liter)

$1.72 €1.53

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

$32.6K €29.0K

$29.1K €25.9K

12.03%

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

$21.2K €18.8K

$25.9K €23.1K

-18.24%

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

$133 €118

$158 €141

-15.79%

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

$12.78 €11.36

$14.71 €13.08

-13.12%

Internet (50+ Mbps, Unlimited Data)

$33.79 €30.06

$33.77 €30.04

0.06%

Gym Membership (Monthly)

$46.88 €41.70

$59.3 €52.7

-20.89%

Tennis Court (1 Hour on Weekend)

$14.56 €12.96

$21.33 €18.98

-31.74%

Cinema Ticket

$7.91 €7.03

$6.05 €5.38

30.74%

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

$441 €392

$400 €356

10.16%

International Primary School, 1 Child (Yearly)

$6,894 €6,132

$9,649 €8,582

-28.55%

Jeans (Levis 501 Or Similar)

$83.1 €74.0

$104 €92.7

-20.19%

Summer Dress (H&M, Zara, etc)

$33.16 €29.50

$45.25 €40.25

-26.72%

Sport Shoes (Adidas, Nike)

$71.9 €63.9

$97.3 €86.6

-26.18%

Men's Leather Business Shoes

$96.7 €86.0

$182 €162

-46.91%

1-bedroom Apartment, City Center (Monthly)

$638 €568

$848 €754

-24.76%

1-bedroom Apartment, Outside City Center (Monthly)

$458 €407

$599 €533

-23.56%

3-bedroom Apartment, City Center (Monthly)

$1,272 €1,131

$1,505 €1,339

-15.50%

3-bedroom Apartment, Outside City Center (Monthly)

$945 €840

$1,151 €1,023

-17.91%

Buy Apartment in City Center (m2)

$3,397 €3,021

$4,107 €3,653

-17.29%

Buy Apartment Outside City Center (m2)

$2,369 €2,107

$2,958 €2,631

-19.91%

Average Monthly Net Salary (After Tax)

$562 €500

$1,006 €895

-44.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.95

-15.97%

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

Last update for Berane: October 20, 2026

Last update for Budva: October 17, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Berane

$458 35.5%

Budva

$599 37.2% 30.8% $141

Groceries & Markets

Berane

$224 17.4%

Budva

$236 14.7% 5.2% $12

Eating Out

Berane

$184 14.3%

Budva

$246 15.3% 33.2% $61

Monthly Utilities & Internet

Berane

$180 13.9%

Budva

$207 12.8% 14.9% $27

Clothing & Footwear

Berane

$128 9.9%

Budva

$193 12% 50.6% $65

Sport & Entertainment

Berane

$63 4.9%

Budva

$71 4.4% 13.8% $8.7

Getting Around

Berane

$53 4.1%

Budva

$58 3.6% 8.4% $4.5

Cost Breakdown

A one-bedroom apartment in the center runs $638 in Berane and $848 in Budva. Housing cost is often the main lever when comparing two cities.

Budva pays 79% 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: $37.00 in Berane vs $68.0 in Budva for a mid-range dinner for two. Groceries echo the gap at $224 vs $236 per month, with Berane cheaper across the board.

Good to know

🇲🇪 Berane

🇲🇪 Budva

🕒 Local time

04:13 4:13 AM

Same time as Berane

🌤 Weather

👥 Population

11,073

13,338

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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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, eating out, and clothing. The 25% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 79% lower in Budva. 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: $638 in Berane versus $848 in Budva. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,290 per month in Berane versus $1,609 in Budva – a 25% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Berane runs roughly 0% less than in Budva. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,290 in Berane versus $1,609 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 25% less than in Budva. Beyond cost, consider language, visa policies, and how big the international community is in each city.