Last update: Oct 2026

Cost of Living Comparison Between Budva and Berane

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.

78

Cost of Living Index in Budva
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Budva Living Index
63

Cost of Living Index in Berane
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Berane Living Index

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Budva

🇲🇪 Montenegro

$1,609

/mo nomad

Berane

🇲🇪 Montenegro

$1,290

/mo nomad

Monthly Cost of Living

How much you'll spend in Budva and in Berane

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

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

Budva $1,609
Berane $1,290

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

Budva $2,537
Berane $2,020

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

Budva $3,464
Berane $2,750

Living in Budva is roughly 25% more expensive than in Berane, and outside of rent the biggest gap is in clothing.

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

Meal at Budget Restaurant

$14.51 €12.91

$11.30 €10.05

28.41%

Three-Course Dinner for Two, Mid-Range

$67.6 €60.1

$36.82 €32.75

83.62%

Fast Food Meal (McDonalds, etc)

$13.31 €11.84

$9.09 €8.09

46.42%

Cappuccino

$3.56 €3.16

$2.49 €2.22

42.97%

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

$2.21 €1.97

$2.49 €2.21

-11.24%

Water (0.33 liter bottle)

$1.48 €1.32

$1.62 €1.44

-8.64%

Local Beer (0.5 liter draught)

$4.72 €4.20

$2.74 €2.43

72.26%

Imported Beer (0.33 liter bottle)

$4.30 €3.82

$3.34 €2.97

28.74%

Milk (1 liter)

$1.27 €1.13

$1.16 €1.03

9.48%

White Bread (500g)

$1.07 €0.95

$0.96 €0.85

11.46%

Rice (white) (1kg)

$2.26 €2.01

$2.79 €2.48

-19.00%

Eggs

$3.07 €2.73

$2.99 €2.66

2.68%

Local Cheese (1kg)

$8.43 €7.50

$8.80 €7.83

-4.20%

Chicken Fillets (1kg)

$9.14 €8.13

$7.56 €6.72

20.90%

Beef Round Steak (1kg)

$12.18 €10.83

$12.66 €11.26

-3.79%

Apples (1kg)

$1.29 €1.14

$1.33 €1.19

-3.01%

Banana (1kg)

$1.68 €1.49

$1.53 €1.36

9.80%

Oranges (1kg)

$1.54 €1.37

$1.62 €1.45

-4.94%

Tomato (1kg)

$2.92 €2.59

$2.88 €2.56

1.39%

Potato (1kg)

$0.91 €0.81

$0.94 €0.84

-3.19%

Onion (1kg)

$1.08 €0.96

$1.23 €1.09

-12.20%

Lettuce (1 head)

$1.67 €1.48

$1.51 €1.35

10.60%

Water (1.5 liter bottle)

$0.89 €0.80

$0.93 €0.83

-4.30%

Cigarettes 20 Pack (Marlboro, Camel)

$4.28 €3.81

$4.02 €3.57

6.47%

Wine (Bottle)

$7.71 €6.86

$4.48 €3.98

72.10%

Local Beer (0.5 liter bottle)

$1.08 €0.96

$1.24 €1.11

-12.90%

Imported Beer (0.33 liter bottle)

$1.68 €1.50

$1.73 €1.54

-2.89%

One-way Ticket (Public Transport)

$2.84 €2.52

$1.70 €1.51

67.06%

Public Transport Monthly Pass (Regular Price)

$39.52 €35.15

$39.62 €35.24

-0.25%

Taxi Start (Normal Tariff)

$1.10 €0.98

$1.11 €0.99

-0.90%

Taxi (Normal Tariff) (1km)

$1.14 €1.01

$1.13 €1.01

0.88%

Taxi 1hour Waiting (Normal Tariff)

$17.01 €15.13

$16.68 €14.84

1.98%

Gasoline (1 liter)

$1.72 €1.53

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

$29.1K €25.9K

$32.6K €29.0K

-10.74%

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

$25.9K €23.1K

$21.2K €18.8K

22.31%

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

$158 €141

$133 €118

18.75%

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

$14.71 €13.08

$12.78 €11.36

15.10%

Internet (50+ Mbps, Unlimited Data)

$33.77 €30.04

$33.79 €30.06

-0.06%

Gym Membership (Monthly)

$59.3 €52.7

$46.88 €41.70

26.41%

Tennis Court (1 Hour on Weekend)

$21.33 €18.98

$14.56 €12.96

46.50%

Cinema Ticket

$6.05 €5.38

$7.91 €7.03

-23.51%

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

$400 €356

$441 €392

-9.22%

International Primary School, 1 Child (Yearly)

$9,649 €8,582

$6,894 €6,132

39.96%

Jeans (Levis 501 Or Similar)

$104 €92.7

$83.1 €74.0

25.29%

Summer Dress (H&M, Zara, etc)

$45.25 €40.25

$33.16 €29.50

36.46%

Sport Shoes (Adidas, Nike)

$97.3 €86.6

$71.9 €63.9

35.46%

Men's Leather Business Shoes

$182 €162

$96.7 €86.0

88.36%

1-bedroom Apartment, City Center (Monthly)

$848 €754

$638 €568

32.90%

1-bedroom Apartment, Outside City Center (Monthly)

$599 €533

$458 €407

30.82%

3-bedroom Apartment, City Center (Monthly)

$1,505 €1,339

$1,272 €1,131

18.34%

3-bedroom Apartment, Outside City Center (Monthly)

$1,151 €1,023

$945 €840

21.82%

Buy Apartment in City Center (m2)

$4,107 €3,653

$3,397 €3,021

20.91%

Buy Apartment Outside City Center (m2)

$2,958 €2,631

$2,369 €2,107

24.86%

Average Monthly Net Salary (After Tax)

$1,006 €895

$562 €500

79.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.95

19.00%

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

Last update for Budva: October 17, 2026

Last update for Berane: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Budva

$599 37.2%

Berane

$458 35.5% 23.6% $141

Eating Out

Budva

$246 15.3%

Berane

$184 14.3% 24.9% $61

Groceries & Markets

Budva

$236 14.7%

Berane

$224 17.4% 4.9% $12

Monthly Utilities & Internet

Budva

$207 12.8%

Berane

$180 13.9% 13% $27

Clothing & Footwear

Budva

$193 12%

Berane

$128 9.9% 33.6% $65

Sport & Entertainment

Budva

$71 4.4%

Berane

$63 4.9% 12.2% $8.7

Getting Around

Budva

$58 3.6%

Berane

$53 4.1% 7.8% $4.5

Cost Breakdown

A one-bedroom apartment in the center runs $848 in Budva and $638 in Berane. 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: $68.0 in Budva vs $37.00 in Berane for a mid-range dinner for two. Groceries echo the gap at $236 vs $224 per month, with Berane cheaper across the board.

Good to know

🇲🇪 Budva

🇲🇪 Berane

🕒 Local time

04:49 4:49 AM

Same time as Budva

🌤 Weather

👥 Population

13,338

11,073

💱 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

Budva vs Berane: Cost of Living - Frequently Asked Questions

Berane is cheaper overall, especially in eating out, groceries, and clothing. The 25% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 79% higher in Budva, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $848 in Budva versus $638 in Berane. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,609 per month in Budva versus $1,290 in Berane – 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, Budva and Berane 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.