Last update: Oct 2026

Cost of Living Comparison Between Budva and Perast

For one person, living is cheaper in Perast: $1,258 a month against $1,609 in Budva, rent and utilities included – about $4,200 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
61

Cost of Living Index in Perast
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Perast Living Index

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Budva

🇲🇪 Montenegro

$1,609

/mo nomad

Perast

🇲🇪 Montenegro

$1,258

/mo nomad

Monthly Cost of Living

How much you'll spend in Budva and in Perast

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

A single person spends $1,609 per month in Budva vs $1,258 in Perast, rent included.

Budva $1,609
Perast $1,258

A couple spends around $2,537 per month in Budva vs $1,957 in Perast, rent included.

Budva $2,537
Perast $1,957

A family of three spends $3,464 per month in Budva vs $2,655 in Perast, rent included.

Budva $3,464
Perast $2,655

Budva costs about 28% more than Perast, and outside of rent the biggest gap is in eating out.

Budva sits 19% above the global median, while Perast is 7% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$14.51 €12.91

$11.01 €9.79

31.79%

Three-Course Dinner for Two, Mid-Range

$67.6 €60.1

$35.56 €31.63

90.13%

Fast Food Meal (McDonalds, etc)

$13.31 €11.84

$8.91 €7.92

49.38%

Cappuccino

$3.56 €3.16

$2.20 €1.96

61.82%

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

$2.21 €1.97

$2.46 €2.19

-10.16%

Water (0.33 liter bottle)

$1.48 €1.32

$1.46 €1.30

1.37%

Local Beer (0.5 liter draught)

$4.72 €4.20

$2.87 €2.55

64.46%

Imported Beer (0.33 liter bottle)

$4.30 €3.82

$3.38 €3.00

27.22%

Milk (1 liter)

$1.27 €1.13

$1.20 €1.07

5.83%

White Bread (500g)

$1.07 €0.95

$1.01 €0.90

5.94%

Rice (white) (1kg)

$2.26 €2.01

$1.98 €1.76

14.14%

Eggs

$3.07 €2.73

$3.10 €2.76

-0.97%

Local Cheese (1kg)

$8.43 €7.50

$8.73 €7.77

-3.44%

Chicken Fillets (1kg)

$9.14 €8.13

$7.26 €6.46

25.90%

Beef Round Steak (1kg)

$12.18 €10.83

$12.17 €10.83

0.08%

Apples (1kg)

$1.29 €1.14

$1.34 €1.19

-3.73%

Banana (1kg)

$1.68 €1.49

$1.50 €1.34

12.00%

Oranges (1kg)

$1.54 €1.37

$1.62 €1.44

-4.94%

Tomato (1kg)

$2.92 €2.59

$2.29 €2.04

27.51%

Potato (1kg)

$0.91 €0.81

$0.92 €0.82

-1.09%

Onion (1kg)

$1.08 €0.96

$1.02 €0.91

5.88%

Lettuce (1 head)

$1.67 €1.48

$1.51 €1.34

10.60%

Water (1.5 liter bottle)

$0.89 €0.80

$0.78 €0.69

14.10%

Cigarettes 20 Pack (Marlboro, Camel)

$4.28 €3.81

$3.96 €3.53

8.08%

Wine (Bottle)

$7.71 €6.86

$4.38 €3.89

76.03%

Local Beer (0.5 liter bottle)

$1.08 €0.96

$1.07 €0.96

0.93%

Imported Beer (0.33 liter bottle)

$1.68 €1.50

$1.71 €1.52

-1.75%

One-way Ticket (Public Transport)

$2.84 €2.52

$1.65 €1.47

72.12%

Public Transport Monthly Pass (Regular Price)

$39.52 €35.15

$38.32 €34.09

3.13%

Taxi Start (Normal Tariff)

$1.10 €0.98

$0.76 €0.68

44.74%

Taxi (Normal Tariff) (1km)

$1.14 €1.01

$0.75 €0.66

52.00%

Taxi 1hour Waiting (Normal Tariff)

$17.01 €15.13

$11.25 €10.00

51.20%

Gasoline (1 liter)

$1.72 €1.53

$1.75 €1.56

-1.71%

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

$29.1K €25.9K

$31.0K €27.5K

-5.97%

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

$25.9K €23.1K

$21.1K €18.8K

22.90%

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

$158 €141

$128 €114

23.22%

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

$14.71 €13.08

$13.17 €11.72

11.69%

Internet (50+ Mbps, Unlimited Data)

$33.77 €30.04

$31.32 €27.86

7.82%

Gym Membership (Monthly)

$59.3 €52.7

$45.90 €40.82

29.11%

Tennis Court (1 Hour on Weekend)

$21.33 €18.98

$14.74 €13.11

44.71%

Cinema Ticket

$6.05 €5.38

$6.46 €5.75

-6.35%

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

$400 €356

$345 €306

16.09%

International Primary School, 1 Child (Yearly)

$9,649 €8,582

$7,066 €6,285

36.55%

Jeans (Levis 501 Or Similar)

$104 €92.7

$85.1 €75.7

22.48%

Summer Dress (H&M, Zara, etc)

$45.25 €40.25

$34.04 €30.28

32.93%

Sport Shoes (Adidas, Nike)

$97.3 €86.6

$72.7 €64.6

33.93%

Men's Leather Business Shoes

$182 €162

$95.0 €84.5

91.72%

1-bedroom Apartment, City Center (Monthly)

$848 €754

$651 €579

30.23%

1-bedroom Apartment, Outside City Center (Monthly)

$599 €533

$457 €407

30.98%

3-bedroom Apartment, City Center (Monthly)

$1,505 €1,339

$1,277 €1,136

17.81%

3-bedroom Apartment, Outside City Center (Monthly)

$1,151 €1,023

$913 €812

26.07%

Buy Apartment in City Center (m2)

$4,107 €3,653

$3,319 €2,953

23.72%

Buy Apartment Outside City Center (m2)

$2,958 €2,631

$2,347 €2,088

26.02%

Average Monthly Net Salary (After Tax)

$1,006 €895

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 Perast: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Budva

$599 37.2%

Perast

$457 36.3% 23.7% $142

Eating Out

Budva

$246 15.3%

Perast

$178 14.2% 27.6% $68

Groceries & Markets

Budva

$236 14.7%

Perast

$213 16.9% 9.8% $23

Monthly Utilities & Internet

Budva

$207 12.8%

Perast

$173 13.7% 16.3% $34

Clothing & Footwear

Budva

$193 12%

Perast

$129 10.3% 33.1% $64

Sport & Entertainment

Budva

$71 4.4%

Perast

$59 4.7% 17.6% $13

Getting Around

Budva

$58 3.6%

Perast

$49 3.9% 14.3% $8.3

Cost Breakdown

A central one-bedroom costs $848 in Budva versus $651 in Perast. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $68.0 in Budva versus $36.00 in Perast. Monthly groceries follow the same trend: $236 vs $213 – making Perast the more affordable choice for daily food spending.

Good to know

🇲🇪 Budva

🇲🇪 Perast

🕒 Local time

04:49 4:49 AM

Same time as Budva

🌤 Weather

👥 Population

13,338

350

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Budva Perast 25 km

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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 Perast: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,609 in Budva, $1,258 in Perast – roughly 28% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,414 per month in Budva and $1,887 in Perast. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Perast, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,609 in Budva and $1,258 in Perast. That's a gap of about 28%.

Public transport costs about 3% less in Perast. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,000 monthly budget goes further in Perast, where all-in costs run around $1,258, than in Budva at $1,609. In Perast it covers expenses comfortably, while in Budva it requires careful planning or may not stretch far enough.

Families tend to lean toward Perast – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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