Cost of Living Comparison Between Budva and Tivat Cost of Living Comparison Between Budva and Tivat

Monthly Cost of Living

A single person spends $1,664 per month in Budva vs $1,689 in Tivat, rent included.

A couple spends around $2,659 per month in Budva vs $2,558 in Tivat, rent included.

A family of three spends $3,654 per month in Budva vs $3,427 in Tivat, rent included.

Budva is about 1% cheaper than Tivat, driven mainly by Eating Out.

Both Budva and Tivat sit above the global median – Budva by 21%, Tivat by 23%.

Meal at Budget Restaurant

$15.02 €12.92

$11.49 €9.89

30.72%

Three-Course Dinner for Two, Mid-Range

$70.0 €60.2

$45.64 €39.27

53.29%

Fast Food Meal (McDonalds, etc)

$14.11 €12.14

$10.67 €9.18

32.24%

Cappuccino

$3.62 €3.12

$2.28 €1.96

58.77%

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

$2.30 €1.98

$2.72 €2.34

-15.44%

Water (0.33 liter bottle)

$1.60 €1.37

$1.43 €1.23

11.89%

Local Beer (0.5 liter draught)

$4.85 €4.17

$3.25 €2.80

49.23%

Imported Beer (0.33 liter bottle)

$4.42 €3.81

$3.52 €3.03

25.57%

Milk (1 liter)

$1.26 €1.08

$1.43 €1.23

-11.89%

White Bread (500g)

$1.14 €0.98

$1.13 €0.97

0.88%

Rice (white) (1kg)

$2.26 €1.95

$2.11 €1.82

7.11%

Eggs

$3.21 €2.76

$3.56 €3.07

-9.83%

Local Cheese (1kg)

$9.19 €7.91

$9.01 €7.76

2.00%

Chicken Fillets (1kg)

$9.56 €8.23

$8.49 €7.31

12.60%

Beef Round Steak (1kg)

$12.85 €11.06

$12.51 €10.77

2.72%

Apples (1kg)

$1.37 €1.18

$1.68 €1.44

-18.45%

Banana (1kg)

$1.73 €1.49

$1.75 €1.51

-1.14%

Oranges (1kg)

$1.53 €1.31

$1.97 €1.70

-22.34%

Tomato (1kg)

$2.90 €2.50

$2.89 €2.49

0.35%

Potato (1kg)

$0.95 €0.82

$1.01 €0.87

-5.94%

Onion (1kg)

$1.15 €0.99

$1.16 €1.00

-0.86%

Lettuce (1 head)

$1.79 €1.54

$1.72 €1.48

4.07%

Water (1.5 liter bottle)

$0.93 €0.80

$0.99 €0.85

-6.06%

Cigarettes 20 Pack (Marlboro, Camel)

$4.60 €3.96

$4.46 €3.84

3.14%

Wine (Bottle)

$7.99 €6.87

$5.98 €5.14

33.61%

Local Beer (0.5 liter bottle)

$1.13 €0.97

$1.17 €1.00

-3.42%

Imported Beer (0.33 liter bottle)

$1.82 €1.57

$1.89 €1.62

-3.70%

One-way Ticket (Public Transport)

$2.88 €2.47

$1.72 €1.48

67.44%

Public Transport Monthly Pass (Regular Price)

$41.02 €35.30

$40.01 €34.43

2.52%

Taxi Start (Normal Tariff)

$1.14 €0.98

$1.17 €1.01

-2.56%

Taxi (Normal Tariff) (1km)

$1.19 €1.02

$1.18 €1.01

0.85%

Taxi 1hour Waiting (Normal Tariff)

$17.54 €15.10

$11.58 €9.96

51.47%

Gasoline (1 liter)

$1.76 €1.51

$1.81 €1.56

-2.76%

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

$29.8K €25.6K

$30.6K €26.3K

-2.62%

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

$26.3K €22.7K

$27.8K €23.9K

-5.36%

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

$169 €146

$133 €115

27.17%

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

$15.41 €13.26

$15.37 €13.23

0.26%

Internet (50+ Mbps, Unlimited Data)

$34.50 €29.69

$34.95 €30.07

-1.29%

Gym Membership (Monthly)

$59.9 €51.6

$49.87 €42.91

20.13%

Tennis Court (1 Hour on Weekend)

$22.34 €19.22

$16.07 €13.82

39.02%

Cinema Ticket

$6.46 €5.56

$6.37 €5.48

1.41%

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

$413 €355

$416 €358

-0.81%

International Primary School, 1 Child (Yearly)

$10.2K €8,808

$7,613 €6,551

34.45%

Jeans (Levis 501 Or Similar)

$111 €95.6

$91.3 €78.6

21.64%

Summer Dress (H&M, Zara, etc)

$46.10 €39.67

$41.37 €35.60

11.43%

Sport Shoes (Adidas, Nike)

$102 €87.7

$101 €87.1

0.66%

Men's Leather Business Shoes

$189 €163

$116 €100

62.54%

1-bedroom Apartment, City Center (Monthly)

$812 €699

$924 €795

-12.13%

1-bedroom Apartment, Outside City Center (Monthly)

$592 €510

$848 €730

-30.16%

3-bedroom Apartment, City Center (Monthly)

$1,543 €1,328

$2,007 €1,727

-23.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,175 €1,011

$1,442 €1,241

-18.48%

Buy Apartment in City Center (m2)

$4,272 €3,676

$6,208 €5,342

-31.20%

Buy Apartment Outside City Center (m2)

$3,029 €2,607

$2,765 €2,379

9.57%

Average Monthly Net Salary (After Tax)

$1,056 €909

$1,245 €1,071

-15.20%

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: August 29, 2026

Last update for Tivat: September 1, 2026

Cost Breakdown

A central one-bedroom costs $812 in Budva versus $924 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 18% 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 $70.0 in Budva versus $46.00 in Tivat. Monthly groceries follow the same trend: $246 vs $242 – making Tivat 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 Tivat: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,664 in Budva, $1,689 in Tivat – roughly 1% apart. Tivat costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $2,497 per month in Budva and $2,533 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 $1,664 in Budva and $1,689 in Tivat. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 3% 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 $1,664, than in Tivat at $1,689. 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 $1,664 in Budva to $1,689 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.