Last update: Oct 2026

Cost of Living Comparison Between Budva and Mexico City

For one person, living is cheaper in Mexico City: $1,608 a month against $1,657 in Budva, rent and utilities included – about $590 less a year. Other living expenses account for most of the difference.

79

Cost of Living Index in Budva
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Budva Living Index
78

Cost of Living Index in Mexico City
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Mexico City Living Index

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Budva

🇲🇪 Montenegro

$1,657

/mo nomad

Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Monthly Cost of Living

How much you'll spend in Budva and in Mexico City

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 Mexico City actually costs, broken down by who's living it.

A single person spends $1,657 per month in Budva vs $1,608 in Mexico City, rent included.

Budva $1,657
Mexico City $1,608

A couple spends around $2,645 per month in Budva vs $2,549 in Mexico City, rent included.

Budva $2,645
Mexico City $2,549

A family of three spends $3,632 per month in Budva vs $3,490 in Mexico City, rent included.

Budva $3,632
Mexico City $3,490

Budva costs about 3% more than Mexico City, and outside of rent the biggest gap is in eating out.

Both Budva and Mexico City sit above the global median – Budva by 22%, Mexico City by 18%.

Meal at Budget Restaurant

$15.79 €14.15

$10.62 MX$199

48.68%

Three-Course Dinner for Two, Mid-Range

$75.8 €67.9

$48.35 MX$908

56.77%

Fast Food Meal (McDonalds, etc)

$13.51 €12.10

$10.35 MX$194

30.53%

Cappuccino

$3.63 €3.25

$3.69 MX$69.3

-1.63%

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

$2.57 €2.31

$1.67 MX$31.29

53.89%

Water (0.33 liter bottle)

$1.67 €1.49

$1.27 MX$23.76

31.50%

Local Beer (0.5 liter draught)

$4.87 €4.36

$3.19 MX$59.9

52.66%

Imported Beer (0.33 liter bottle)

$4.36 €3.91

$5.31 MX$99.6

-17.89%

Milk (1 liter)

$1.28 €1.15

$1.72 MX$32.38

-25.58%

White Bread (500g)

$1.07 €0.96

$3.04 MX$57.1

-64.80%

Rice (white) (1kg)

$2.07 €1.85

$1.94 MX$36.44

6.70%

Eggs

$3.04 €2.72

$2.89 MX$54.2

5.19%

Local Cheese (1kg)

$8.62 €7.72

$10.97 MX$206

-21.42%

Chicken Fillets (1kg)

$9.47 €8.48

$9.25 MX$174

2.38%

Beef Round Steak (1kg)

$12.19 €10.92

$15.13 MX$284

-19.43%

Apples (1kg)

$1.33 €1.19

$3.05 MX$57.2

-56.39%

Banana (1kg)

$1.73 €1.55

$1.94 MX$36.45

-10.82%

Oranges (1kg)

$1.53 €1.37

$2.03 MX$38.02

-24.63%

Tomato (1kg)

$2.92 €2.61

$2.31 MX$43.46

26.41%

Potato (1kg)

$0.93 €0.83

$2.04 MX$38.21

-54.41%

Onion (1kg)

$1.11 €0.99

$1.80 MX$33.79

-38.33%

Lettuce (1 head)

$1.74 €1.55

$1.48 MX$27.77

17.57%

Water (1.5 liter bottle)

$1.04 €0.93

$1.27 MX$23.80

-18.11%

Cigarettes 20 Pack (Marlboro, Camel)

$4.50 €4.03

$5.30 MX$99.6

-15.09%

Wine (Bottle)

$9.07 €8.12

$16.10 MX$302

-43.66%

Local Beer (0.5 liter bottle)

$1.09 €0.97

$1.98 MX$37.23

-44.95%

Imported Beer (0.33 liter bottle)

$1.89 €1.69

$4.25 MX$79.8

-55.53%

One-way Ticket (Public Transport)

$3.26 €2.92

$0.31 MX$5.73

951.61%

Public Transport Monthly Pass (Regular Price)

$39.24 €35.14

$19.73 MX$371

98.88%

Taxi Start (Normal Tariff)

$1.10 €0.98

$1.84 MX$34.50

-40.22%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$0.53 MX$10.02

105.66%

Taxi 1hour Waiting (Normal Tariff)

$16.74 €14.99

$5.30 MX$99.4

215.85%

Gasoline (1 liter)

$1.79 €1.60

$1.51 MX$28.36

18.54%

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

$29.3K €26.2K

$21.8K MX$408.4K

34.67%

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

$26.2K €23.5K

$24.0K MX$450.3K

9.27%

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

$160 €144

$63.0 MX$1,182

154.43%

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

$14.43 €12.93

$27.39 MX$514

-47.32%

Internet (50+ Mbps, Unlimited Data)

$33.34 €29.86

$35.67 MX$670

-6.53%

Gym Membership (Monthly)

$61.7 €55.3

$58.9 MX$1,107

4.72%

Tennis Court (1 Hour on Weekend)

$21.74 €19.47

$23.64 MX$444

-8.04%

Cinema Ticket

$6.05 €5.42

$6.40 MX$120

-5.47%

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

$408 €365

$432 MX$8,103

-5.45%

International Primary School, 1 Child (Yearly)

$10.2K €9,128

$11.4K MX$214.5K

-10.78%

Jeans (Levis 501 Or Similar)

$106 €95.2

$68.2 MX$1,281

55.76%

Summer Dress (H&M, Zara, etc)

$44.55 €39.90

$53.1 MX$997

-16.15%

Sport Shoes (Adidas, Nike)

$107 €95.6

$108 MX$2,023

-1.02%

Men's Leather Business Shoes

$182 €163

$117 MX$2,202

54.98%

1-bedroom Apartment, City Center (Monthly)

$828 €742

$1,113 MX$20.9K

-25.63%

1-bedroom Apartment, Outside City Center (Monthly)

$614 €550

$710 MX$13.3K

-13.52%

3-bedroom Apartment, City Center (Monthly)

$1,671 €1,497

$2,588 MX$48.6K

-35.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,213 €1,086

$1,406 MX$26.4K

-13.72%

Buy Apartment in City Center (m2)

$4,087 €3,661

$3,631 MX$68.2K

12.57%

Buy Apartment Outside City Center (m2)

$2,973 €2,663

$2,135 MX$40.1K

39.26%

Average Monthly Net Salary (After Tax)

$1,037 €929

$946 MX$17.8K

9.60%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.95

11.35

-47.58%

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

Last update for Budva: October 26, 2026

Last update for Mexico City: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Budva

$614 37.1%

Mexico City

$710 44.2% 15.6% $96

Eating Out

Budva

$261 15.7%

Mexico City

$199 12.4% 23.8% $62

Groceries & Markets

Budva

$243 14.7%

Mexico City

$320 19.9% 31.3% $76

Monthly Utilities & Internet

Budva

$208 12.6%

Mexico City

$126 7.8% 39.4% $82

Clothing & Footwear

Budva

$198 11.9%

Mexico City

$156 9.7% 21.1% $42

Sport & Entertainment

Budva

$74 4.5%

Mexico City

$72 4.5% 2.8% $2.1

Getting Around

Budva

$59 3.6%

Mexico City

$25 1.6% 56.7% $33

Cost Breakdown

A central one-bedroom costs $828 in Budva versus $1,113 in Mexico City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 10% higher in Budva. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $76 in Budva versus $48 in Mexico City. Groceries tell a different story – $243 in Budva vs $320 in Mexico City – so Budva wins on supermarket bills even if dining out costs more.

Good to know

🇲🇪 Budva

🇲🇽 Mexico City

🕒 Local time

18:53 6:53 PM

11:53 11:53 AM

7 h behind Budva

🌤 Weather

👥 Population

13,338

9,209,944 Capital

💱 Currency

Euro EUR €

Mexican Peso MXN $

📈 Exchange rate

1 EUR = 1.12 USD

100 MXN = 5.33 USD

100 MXN = 4.77 EUR

Exchange rates and currency converter

MXN, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

Mexican Peso exchange rates as of November 1, 2026: 1 USD = 18.77 MXN (100 MXN = 5.33 USD). 1 EUR = 20.96 MXN (100 MXN = 4.77 EUR).

USD to EUR in detail →

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Between locations

Budva Mexico City 10,670 km ≈ 14 h nonstop flight

From you

Budva
Mexico City

Distances are measured in a straight line. Your location is detected approximately.

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 Mexico City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,657 in Budva, $1,608 in Mexico City – Mexico City comes out roughly 3% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,485 per month in Budva and $2,412 in Mexico City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Budva, especially for central apartments: a one-bedroom in the center costs $828 there versus $1,113 in Mexico City.

Monthly expenses with rent come to $1,657 in Budva and $1,608 in Mexico City. That makes Mexico City about 3% cheaper.

Public transport costs about 50% less in Mexico City. For daily commuters, that gap adds up to noticeable savings over a year.

$3,000 covers both cities comfortably – all-in costs are $1,657 in Budva and $1,608 in Mexico City, leaving budget for savings and extras in both cases.

It depends on your priorities. Mexico City has an edge in some lifestyle areas, with costs from $1,608 in Mexico City to $1,657 in Budva. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Mexico City. If higher salaries or specific career opportunities are the priority, Budva makes more sense. Both are solid long-term options with distinct trade-offs.