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

Monthly Cost of Living

A single person spends $1,710 per month in Budva vs $1,601 in Tivat, rent included.

A couple spends around $2,776 per month in Budva vs $2,382 in Tivat, rent included.

A family of three spends $3,842 per month in Budva vs $3,163 in Tivat, rent included.

Budva costs about 7% more than Tivat, driven mainly by Clothing & Footwear.

Both Budva and Tivat sit above the global median – Budva by 28%, Tivat by 20%.

Meal at Budget Restaurant

$16.23 €14.21

$14.05 €12.30

15.52%

Three-Course Dinner for Two, Mid-Range

$67.1 €58.7

$45.49 €39.84

47.40%

Fast Food Meal (McDonalds, etc)

$11.70 €10.24

$10.07 €8.82

16.19%

Cappuccino

$2.97 €2.60

$2.82 €2.47

5.32%

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

$2.18 €1.91

$2.27 €1.98

-3.96%

Water (0.33 liter bottle)

$1.43 €1.25

Local Beer (0.5 liter draught)

$3.57 €3.12

$2.92 €2.56

22.26%

Imported Beer (0.33 liter bottle)

$3.83 €3.35

$3.43 €3.01

11.66%

Milk (1 liter)

$1.43 €1.25

$1.41 €1.24

1.42%

White Bread (500g)

$1.10 €0.96

$1.12 €0.98

-1.79%

Rice (white) (1kg)

$2.46 €2.15

$2.31 €2.03

6.49%

Eggs

$3.16 €2.76

$3.14 €2.75

0.64%

Local Cheese (1kg)

$8.84 €7.74

$8.92 €7.82

-0.90%

Chicken Fillets (1kg)

$8.39 €7.35

$8.04 €7.04

4.35%

Beef Round Steak (1kg)

$11.81 €10.34

$11.93 €10.45

-1.01%

Apples (1kg)

$1.28 €1.12

$1.52 €1.33

-15.79%

Banana (1kg)

$1.71 €1.50

$1.73 €1.51

-1.16%

Oranges (1kg)

$1.69 €1.48

$1.68 €1.47

0.60%

Tomato (1kg)

$2.85 €2.49

$2.84 €2.49

0.35%

Potato (1kg)

$1.03 €0.90

$1.08 €0.95

-4.63%

Onion (1kg)

$1.25 €1.09

$1.13 €0.99

10.62%

Lettuce (1 head)

$1.72 €1.51

$1.95 €1.70

-11.79%

Water (1.5 liter bottle)

$1.20 €1.05

$1.19 €1.04

0.84%

Cigarettes 20 Pack (Marlboro, Camel)

$4.52 €3.96

$4.34 €3.80

4.15%

Wine (Bottle)

$6.66 €5.83

$6.73 €5.89

-1.04%

Local Beer (0.5 liter bottle)

$1.23 €1.08

$1.29 €1.13

-4.65%

Imported Beer (0.33 liter bottle)

$1.73 €1.52

$1.87 €1.64

-7.49%

One-way Ticket (Public Transport)

$2.26 €1.98

$1.77 €1.55

27.68%

Public Transport Monthly Pass (Regular Price)

$40.95 €35.87

$40.14 €35.16

2.02%

Taxi Start (Normal Tariff)

$1.19 €1.04

$1.14 €1.00

4.39%

Taxi (Normal Tariff) (1km)

$1.06 €0.92

$1.03 €0.90

2.91%

Taxi 1hour Waiting (Normal Tariff)

$17.09 €14.97

$11.70 €10.25

46.07%

Gasoline (1 liter)

$1.70 €1.49

$1.75 €1.53

-2.86%

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

$30.3K €26.6K

$28.5K €24.9K

6.61%

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

$26.7K €23.4K

$29.3K €25.7K

-9.00%

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

$157 €137

$140 €123

11.83%

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

$18.18 €15.92

$18.21 €15.95

-0.16%

Internet (50+ Mbps, Unlimited Data)

$32.60 €28.55

$32.88 €28.79

-0.85%

Gym Membership (Monthly)

$62.0 €54.3

$51.3 €44.90

20.99%

Tennis Court (1 Hour on Weekend)

$24.38 €21.35

$16.06 €14.06

51.81%

Cinema Ticket

$5.73 €5.02

$5.67 €4.97

1.06%

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

$416 €364

$420 €368

-1.02%

International Primary School, 1 Child (Yearly)

$10.3K €8,986

$10.2K €8,975

0.13%

Jeans (Levis 501 Or Similar)

$115 €100

$84.1 €73.6

36.23%

Summer Dress (H&M, Zara, etc)

$48.45 €42.43

$38.70 €33.89

25.19%

Sport Shoes (Adidas, Nike)

$110 €96.3

$113 €99.1

-2.77%

Men's Leather Business Shoes

$204 €179

$127 €111

61.01%

1-bedroom Apartment, City Center (Monthly)

$965 €845

$1,084 €949

-10.93%

1-bedroom Apartment, Outside City Center (Monthly)

$694 €608

$685 €600

1.34%

3-bedroom Apartment, City Center (Monthly)

$1,773 €1,552

$2,057 €1,801

-13.81%

3-bedroom Apartment, Outside City Center (Monthly)

$1,396 €1,223

$1,191 €1,043

17.19%

Buy Apartment in City Center (m2)

$4,264 €3,735

$5,955 €5,216

-28.39%

Buy Apartment Outside City Center (m2)

$3,079 €2,696

$2,657 €2,327

15.87%

Average Monthly Net Salary (After Tax)

$1,021 €895

$1,215 €1,064

-15.93%

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 Tivat: July 13, 2026

Cost Breakdown

A central one-bedroom costs $965 in Budva versus $1,084 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 19% higher in Tivat, 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 $45.00 in Tivat. Groceries tell a different story – $239 in Budva vs $240 in Tivat – so Budva wins on supermarket bills even if dining out costs more.

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: $1,710 in Budva, $1,601 in Tivat – roughly 7% apart. Budva costs more across the board, with Clothing & Footwear showing the biggest gap.

For a comfortable life, plan on about $2,565 per month in Budva and $2,402 in Tivat. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Tivat, 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 $1,601 in Tivat. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 2% less in Tivat. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Tivat, where all-in costs run around $1,601, than in Budva at $1,710. In Tivat it covers expenses comfortably, while in Budva 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 $1,601 in Tivat to $1,710 in Budva. 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 Tivat. 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.