Cost of Living Comparison Between Budva and Podgorica Cost of Living Comparison Between Budva and Podgorica

Monthly Cost of Living

A single person spends $1,710 per month in Budva vs $1,309 in Podgorica, rent included.

A couple spends around $2,776 per month in Budva vs $1,997 in Podgorica, rent included.

A family of three spends $3,842 per month in Budva vs $2,685 in Podgorica, rent included.

Budva costs about 31% more than Podgorica, driven mainly by Eating Out.

Budva sits 28% above the global median, while Podgorica is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.23 €14.18

$9.72 €8.49

66.98%

Three-Course Dinner for Two, Mid-Range

$67.1 €58.6

$47.18 €41.22

42.12%

Fast Food Meal (McDonalds, etc)

$11.70 €10.22

$9.50 €8.30

23.16%

Cappuccino

$2.97 €2.60

$2.14 €1.87

38.79%

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

$2.18 €1.90

$2.28 €1.99

-4.39%

Water (0.33 liter bottle)

$1.43 €1.25

$1.44 €1.26

-0.69%

Local Beer (0.5 liter draught)

$3.57 €3.12

$2.88 €2.51

23.96%

Imported Beer (0.33 liter bottle)

$3.83 €3.35

$3.38 €2.95

13.31%

Milk (1 liter)

$1.43 €1.25

$1.32 €1.15

8.33%

White Bread (500g)

$1.10 €0.96

$0.99 €0.86

11.11%

Rice (white) (1kg)

$2.46 €2.15

$2.29 €2.00

7.42%

Eggs

$3.16 €2.76

$3.19 €2.79

-0.94%

Local Cheese (1kg)

$8.84 €7.72

$8.61 €7.52

2.67%

Chicken Fillets (1kg)

$8.39 €7.33

$7.91 €6.91

6.07%

Beef Round Steak (1kg)

$11.81 €10.32

$11.88 €10.38

-0.59%

Apples (1kg)

$1.28 €1.12

$1.51 €1.32

-15.23%

Banana (1kg)

$1.71 €1.50

$1.75 €1.53

-2.29%

Oranges (1kg)

$1.69 €1.47

$1.61 €1.40

4.97%

Tomato (1kg)

$2.85 €2.49

$2.56 €2.23

11.33%

Potato (1kg)

$1.03 €0.90

$1.04 €0.91

-0.96%

Onion (1kg)

$1.25 €1.09

$1.11 €0.97

12.61%

Lettuce (1 head)

$1.72 €1.50

$1.85 €1.62

-7.03%

Water (1.5 liter bottle)

$1.20 €1.05

$0.81 €0.71

48.15%

Cigarettes 20 Pack (Marlboro, Camel)

$4.52 €3.95

$4.19 €3.66

7.88%

Wine (Bottle)

$6.66 €5.82

$5.78 €5.05

15.22%

Local Beer (0.5 liter bottle)

$1.23 €1.08

$1.05 €0.92

17.14%

Imported Beer (0.33 liter bottle)

$1.73 €1.51

$1.79 €1.56

-3.35%

One-way Ticket (Public Transport)

$2.26 €1.97

$1.02 €0.89

121.57%

Public Transport Monthly Pass (Regular Price)

$40.95 €35.78

$34.27 €29.94

19.49%

Taxi Start (Normal Tariff)

$1.19 €1.04

$0.66 €0.58

80.30%

Taxi (Normal Tariff) (1km)

$1.06 €0.92

$0.75 €0.66

41.33%

Taxi 1hour Waiting (Normal Tariff)

$17.09 €14.93

$11.73 €10.24

45.69%

Gasoline (1 liter)

$1.70 €1.48

$1.76 €1.54

-3.41%

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

$30.3K €26.5K

$29.5K €25.7K

3.00%

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

$26.7K €23.3K

$32.3K €28.2K

-17.33%

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

$157 €137

$115 €100

36.37%

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

$18.18 €15.88

$18.25 €15.95

-0.38%

Internet (50+ Mbps, Unlimited Data)

$32.60 €28.48

$31.94 €27.90

2.07%

Gym Membership (Monthly)

$62.0 €54.2

$43.89 €38.35

41.31%

Tennis Court (1 Hour on Weekend)

$24.38 €21.30

$13.47 €11.77

80.99%

Cinema Ticket

$5.73 €5.01

$5.84 €5.11

-1.88%

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

$416 €363

$284 €248

46.18%

International Primary School, 1 Child (Yearly)

$10.3K €8,965

$7,580 €6,622

35.36%

Jeans (Levis 501 Or Similar)

$115 €100

$85.2 €74.4

34.52%

Summer Dress (H&M, Zara, etc)

$48.45 €42.33

$45.19 €39.48

7.21%

Sport Shoes (Adidas, Nike)

$110 €96.1

$94.2 €82.3

16.74%

Men's Leather Business Shoes

$204 €178

$111 €97.0

83.79%

1-bedroom Apartment, City Center (Monthly)

$965 €843

$627 €548

53.96%

1-bedroom Apartment, Outside City Center (Monthly)

$694 €607

$496 €433

39.95%

3-bedroom Apartment, City Center (Monthly)

$1,773 €1,549

$1,157 €1,011

53.22%

3-bedroom Apartment, Outside City Center (Monthly)

$1,396 €1,220

$834 €729

67.43%

Buy Apartment in City Center (m2)

$4,264 €3,726

$3,080 €2,691

38.48%

Buy Apartment Outside City Center (m2)

$3,079 €2,690

$2,366 €2,068

30.10%

Average Monthly Net Salary (After Tax)

$1,021 €892

$1,145 €1,000

-10.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.93

5.73

3.49%

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

Last update for Budva: July 13, 2026

Last update for Podgorica: July 11, 2026

Cost Breakdown

A central one-bedroom costs $965 in Budva versus $627 in Podgorica. 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 12% higher in Podgorica, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $67.0 in Budva versus $47.00 in Podgorica. Monthly groceries follow the same trend: $239 vs $226 – making Podgorica the more affordable choice for daily food spending.

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 Podgorica: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,710 in Budva, $1,309 in Podgorica – roughly 31% apart. Budva costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $2,565 per month in Budva and $1,963 in Podgorica. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Podgorica, 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 $1,710 in Budva and $1,309 in Podgorica. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 19% less in Podgorica. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Podgorica, where all-in costs run around $1,309, than in Budva at $1,710. In Podgorica it covers expenses comfortably, while in Budva it requires careful planning or may not stretch far enough.

Families tend to lean toward Podgorica – 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 Podgorica. 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.