Last update: Oct 2026

Cost of Living Comparison Between Budva and Tivat

For one person, living costs are similar in Budva and in Tivat: $1,609 and $1,651 a month, rent and utilities included.

78

Cost of Living Index in Budva
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Budva Living Index
80

Cost of Living Index in Tivat
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Tivat Living Index

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Budva

🇲🇪 Montenegro

$1,609

/mo nomad

Tivat

🇲🇪 Montenegro

$1,651

/mo nomad

Monthly Cost of Living

How much you'll spend in Budva and in Tivat

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

A single person spends $1,609 per month in Budva vs $1,651 in Tivat, rent included.

Budva $1,609
Tivat $1,651

A couple spends around $2,537 per month in Budva vs $2,494 in Tivat, rent included.

Budva $2,537
Tivat $2,494

A family of three spends $3,464 per month in Budva vs $3,338 in Tivat, rent included.

Budva $3,464
Tivat $3,338

Budva is about 3% cheaper than Tivat, and outside of rent the biggest gap is in eating out.

Both Budva and Tivat sit above the global median – Budva by 19%, Tivat by 22%.

Meal at Budget Restaurant

$14.51 €12.91

$11.18 €9.95

29.79%

Three-Course Dinner for Two, Mid-Range

$67.6 €60.1

$45.70 €40.65

47.94%

Fast Food Meal (McDonalds, etc)

$13.31 €11.84

$10.86 €9.66

22.56%

Cappuccino

$3.56 €3.16

$2.21 €1.97

61.09%

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

$2.21 €1.97

$2.58 €2.30

-14.34%

Water (0.33 liter bottle)

$1.48 €1.32

$1.40 €1.25

5.71%

Local Beer (0.5 liter draught)

$4.72 €4.20

$3.17 €2.82

48.90%

Imported Beer (0.33 liter bottle)

$4.30 €3.82

$3.31 €2.94

29.91%

Milk (1 liter)

$1.27 €1.13

$1.29 €1.14

-1.55%

White Bread (500g)

$1.07 €0.95

$1.09 €0.97

-1.83%

Rice (white) (1kg)

$2.26 €2.01

$1.94 €1.72

16.49%

Eggs

$3.07 €2.73

$3.36 €2.99

-8.63%

Local Cheese (1kg)

$8.43 €7.50

$8.92 €7.93

-5.49%

Chicken Fillets (1kg)

$9.14 €8.13

$8.07 €7.18

13.26%

Beef Round Steak (1kg)

$12.18 €10.83

$12.30 €10.94

-0.98%

Apples (1kg)

$1.29 €1.14

$1.62 €1.44

-20.37%

Banana (1kg)

$1.68 €1.49

$1.68 €1.50

Oranges (1kg)

$1.54 €1.37

$1.73 €1.54

-10.98%

Tomato (1kg)

$2.92 €2.59

$2.88 €2.56

1.39%

Potato (1kg)

$0.91 €0.81

$0.92 €0.82

-1.09%

Onion (1kg)

$1.08 €0.96

$1.12 €1.00

-3.57%

Lettuce (1 head)

$1.67 €1.48

Water (1.5 liter bottle)

$0.89 €0.80

$0.89 €0.79

Cigarettes 20 Pack (Marlboro, Camel)

$4.28 €3.81

$4.34 €3.86

-1.38%

Wine (Bottle)

$7.71 €6.86

$5.56 €4.94

38.67%

Local Beer (0.5 liter bottle)

$1.08 €0.96

$1.09 €0.97

-0.92%

Imported Beer (0.33 liter bottle)

$1.68 €1.50

$1.68 €1.49

One-way Ticket (Public Transport)

$2.84 €2.52

$1.71 €1.52

66.08%

Public Transport Monthly Pass (Regular Price)

$39.52 €35.15

$39.50 €35.14

0.05%

Taxi Start (Normal Tariff)

$1.10 €0.98

$1.14 €1.01

-3.51%

Taxi (Normal Tariff) (1km)

$1.14 €1.01

$1.15 €1.02

-0.87%

Taxi 1hour Waiting (Normal Tariff)

$17.01 €15.13

$11.35 €10.10

49.87%

Gasoline (1 liter)

$1.72 €1.53

$1.79 €1.60

-3.91%

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

$29.1K €25.9K

$27.8K €24.7K

4.88%

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

$25.9K €23.1K

$25.6K €22.8K

1.27%

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

$158 €141

$127 €113

24.14%

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

$14.71 €13.08

$15.03 €13.37

-2.13%

Internet (50+ Mbps, Unlimited Data)

$33.77 €30.04

$33.55 €29.84

0.66%

Gym Membership (Monthly)

$59.3 €52.7

$46.87 €41.69

26.43%

Tennis Court (1 Hour on Weekend)

$21.33 €18.98

$15.38 €13.68

38.69%

Cinema Ticket

$6.05 €5.38

$6.00 €5.33

0.83%

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

$400 €356

$407 €362

-1.69%

International Primary School, 1 Child (Yearly)

$9,649 €8,582

$7,455 €6,632

29.42%

Jeans (Levis 501 Or Similar)

$104 €92.7

$87.0 €77.4

19.72%

Summer Dress (H&M, Zara, etc)

$45.25 €40.25

$39.46 €35.10

14.67%

Sport Shoes (Adidas, Nike)

$97.3 €86.6

$97.8 €87.0

-0.46%

Men's Leather Business Shoes

$182 €162

$104 €92.4

75.31%

1-bedroom Apartment, City Center (Monthly)

$848 €754

$884 €786

-4.06%

1-bedroom Apartment, Outside City Center (Monthly)

$599 €533

$797 €709

-24.88%

3-bedroom Apartment, City Center (Monthly)

$1,505 €1,339

$1,996 €1,775

-24.59%

3-bedroom Apartment, Outside City Center (Monthly)

$1,151 €1,023

$1,433 €1,275

-19.72%

Buy Apartment in City Center (m2)

$4,107 €3,653

$5,841 €5,196

-29.70%

Buy Apartment Outside City Center (m2)

$2,958 €2,631

$2,688 €2,391

10.05%

Average Monthly Net Salary (After Tax)

$1,006 €895

$1,214 €1,080

-17.16%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.95

5.38

10.59%

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

Last update for Budva: October 17, 2026

Last update for Tivat: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Budva

$599 37.2%

Tivat

$797 48.3% 33.1% $198

Eating Out

Budva

$246 15.3%

Tivat

$187 11.3% 23.9% $59

Groceries & Markets

Budva

$236 14.7%

Tivat

$231 14% 2.2% $5.3

Monthly Utilities & Internet

Budva

$207 12.8%

Tivat

$176 10.7% 14.8% $31

Clothing & Footwear

Budva

$193 12%

Tivat

$148 9% 23.5% $45

Sport & Entertainment

Budva

$71 4.4%

Tivat

$59 3.6% 17.5% $13

Getting Around

Budva

$58 3.6%

Tivat

$53 3.2% 7.7% $4.4

Cost Breakdown

A central one-bedroom costs $848 in Budva versus $884 in Tivat. 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 21% higher in Tivat, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $68.0 in Budva versus $46.00 in Tivat. Monthly groceries follow the same trend: $236 vs $231 – making Tivat the more affordable choice for daily food spending.

Good to know

🇲🇪 Budva

🇲🇪 Tivat

🕒 Local time

15:56 3:56 PM

Same time as Budva

🌤 Weather

👥 Population

13,338

9,500

💱 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 Tivat: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,609 in Budva, $1,651 in Tivat – roughly 3% 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 $2,476 in Tivat. 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. 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 $1,651 in Tivat. That's a gap of about 3%.

Public transport costs about 0% less in Budva. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Budva, where all-in costs run around $1,609, than in Tivat at $1,651. In Budva it covers expenses comfortably, while in Tivat it requires careful planning or may not stretch far enough.

It depends on your priorities. Tivat has an edge in some lifestyle areas, with costs from $1,609 in Budva to $1,651 in Tivat. Climate, culture, job market, and personal taste all factor in.

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