Last update: Oct 2026

Cost of Living Comparison Between Herceg Novi and Bansko

For one person, living is cheaper in Bansko: $970 a month against $1,237 in Herceg Novi, rent and utilities included – about $3,200 less a year. Other living expenses account for most of the difference.

61

Cost of Living Index in Herceg Novi
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Herceg Novi Living Index
47

Cost of Living Index in Bansko
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Bansko Living Index

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Herceg Novi

🇲🇪 Montenegro

$1,237

/mo nomad

Bansko

🇧🇬 Bulgaria

$970

/mo nomad

Monthly Cost of Living

How much you'll spend in Herceg Novi and in Bansko

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Herceg Novi and in Bansko actually costs, broken down by who's living it.

A single person spends $1,237 per month in Herceg Novi vs $970 in Bansko, rent included.

Herceg Novi $1,237
Bansko $970

A couple spends around $1,973 per month in Herceg Novi vs $1,464 in Bansko, rent included.

Herceg Novi $1,973
Bansko $1,464

A family of three spends $2,710 per month in Herceg Novi vs $1,957 in Bansko, rent included.

Herceg Novi $2,710
Bansko $1,957

Herceg Novi costs about 28% more than Bansko, and outside of rent the biggest gap is in clothing.

Both Herceg Novi and Bansko are more affordable than the global median – Herceg Novi 8% lower, Bansko 28% lower.

Meal at Budget Restaurant

$11.23 €10.02

$8.66 BGN 15.15

29.68%

Three-Course Dinner for Two, Mid-Range

$36.34 €32.43

$46.63 BGN 81.6

-22.07%

Fast Food Meal (McDonalds, etc)

$9.19 €8.20

$9.01 BGN 15.77

2.00%

Cappuccino

$2.59 €2.31

$2.24 BGN 3.92

15.62%

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

$2.47 €2.20

$1.50 BGN 2.63

64.67%

Water (0.33 liter bottle)

$1.64 €1.46

$0.86 BGN 1.51

90.70%

Local Beer (0.5 liter draught)

$2.82 €2.52

$1.76 BGN 3.07

60.23%

Imported Beer (0.33 liter bottle)

$3.39 €3.02

$2.00 BGN 3.51

69.50%

Milk (1 liter)

$1.16 €1.04

$1.79 BGN 3.14

-35.20%

White Bread (500g)

$1.02 €0.91

$0.81 BGN 1.42

25.93%

Rice (white) (1kg)

$2.82 €2.52

$1.52 BGN 2.66

85.53%

Eggs

$3.03 €2.70

$2.30 BGN 4.02

31.74%

Local Cheese (1kg)

$8.94 €7.98

$9.60 BGN 16.81

-6.88%

Chicken Fillets (1kg)

$7.27 €6.48

$6.32 BGN 11.06

15.03%

Beef Round Steak (1kg)

$12.81 €11.43

$8.64 BGN 15.12

48.26%

Apples (1kg)

$1.34 €1.20

$1.28 BGN 2.24

4.69%

Banana (1kg)

$1.55 €1.38

$1.68 BGN 2.95

-7.74%

Oranges (1kg)

$1.58 €1.41

$1.70 BGN 2.98

-7.06%

Tomato (1kg)

$3.02 €2.70

$1.89 BGN 3.30

59.79%

Potato (1kg)

$0.89 €0.80

$0.93 BGN 1.63

-4.30%

Onion (1kg)

$1.30 €1.16

$0.76 BGN 1.32

71.05%

Lettuce (1 head)

$1.52 €1.36

$0.54 BGN 0.95

181.48%

Water (1.5 liter bottle)

$0.93 €0.83

$0.58 BGN 1.02

60.34%

Cigarettes 20 Pack (Marlboro, Camel)

$3.98 €3.55

$3.44 BGN 6.02

15.70%

Wine (Bottle)

$4.43 €3.96

$5.14 BGN 9.00

-13.81%

Local Beer (0.5 liter bottle)

$1.24 €1.11

$1.11 BGN 1.94

11.71%

Imported Beer (0.33 liter bottle)

$1.72 €1.54

$1.70 BGN 2.97

1.18%

One-way Ticket (Public Transport)

$1.69 €1.51

$0.88 BGN 1.55

92.05%

Public Transport Monthly Pass (Regular Price)

$45.08 €40.23

$26.76 BGN 46.83

68.46%

Taxi Start (Normal Tariff)

$2.91 €2.60

$1.29 BGN 2.26

125.58%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$0.65 BGN 1.14

67.69%

Taxi 1hour Waiting (Normal Tariff)

$16.59 €14.81

$10.18 BGN 17.81

62.97%

Gasoline (1 liter)

$1.72 €1.53

$1.50 BGN 2.63

14.67%

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

$33.0K €29.5K

$28.8K BGN 50.4K

14.70%

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

$20.9K €18.7K

$21.5K BGN 37.5K

-2.43%

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

$131 €117

$91.4 BGN 160

43.80%

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

$12.86 €11.48

$14.68 BGN 25.68

-12.40%

Internet (50+ Mbps, Unlimited Data)

$33.38 €29.79

$12.07 BGN 21.12

176.55%

Gym Membership (Monthly)

$55.7 €49.71

$32.28 BGN 56.5

72.58%

Tennis Court (1 Hour on Weekend)

$11.00 €9.81

$8.60 BGN 15.05

27.91%

Cinema Ticket

$8.00 €7.14

$5.63 BGN 9.86

42.10%

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

$443 €395

$228 BGN 400

93.97%

International Primary School, 1 Child (Yearly)

$7,028 €6,272

$2,311 BGN 4,045

204.10%

Jeans (Levis 501 Or Similar)

$82.5 €73.7

$30.48 BGN 53.3

170.80%

Summer Dress (H&M, Zara, etc)

$33.95 €30.30

$19.01 BGN 33.26

78.59%

Sport Shoes (Adidas, Nike)

$73.9 €65.9

$45.53 BGN 79.7

62.29%

Men's Leather Business Shoes

$94.6 €84.4

$48.67 BGN 85.2

94.27%

1-bedroom Apartment, City Center (Monthly)

$657 €587

$521 BGN 913

26.05%

1-bedroom Apartment, Outside City Center (Monthly)

$395 €353

$367 BGN 643

7.54%

3-bedroom Apartment, City Center (Monthly)

$1,232 €1,100

$634 BGN 1,110

94.29%

3-bedroom Apartment, Outside City Center (Monthly)

$886 €791

$558 BGN 976

58.86%

Buy Apartment in City Center (m2)

$3,642 €3,250

$1,204 BGN 2,106

202.58%

Buy Apartment Outside City Center (m2)

$2,415 €2,155

$971 BGN 1,699

148.73%

Average Monthly Net Salary (After Tax)

$1,037 €926

$1,670 BGN 2,923

-37.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.99

67.22%

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

Last update for Herceg Novi: October 6, 2026

Last update for Bansko: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Herceg Novi

$395 31.8%

Bansko

$367 38% 7% $28

Groceries & Markets

Herceg Novi

$225 18.1%

Bansko

$193 20% 14.3% $32

Eating Out

Herceg Novi

$186 14.9%

Bansko

$145 15% 21.8% $40

Monthly Utilities & Internet

Herceg Novi

$178 14.3%

Bansko

$118 12.2% 33.5% $60

Clothing & Footwear

Herceg Novi

$128 10.3%

Bansko

$65 6.7% 49.6% $64

Sport & Entertainment

Herceg Novi

$72 5.8%

Bansko

$44 4.5% 39.3% $28

Getting Around

Herceg Novi

$60 4.8%

Bansko

$35 3.6% 42.1% $25

Cost Breakdown

A central one-bedroom costs $657 in Herceg Novi versus $521 in Bansko. 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 61% higher in Bansko, 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 $36.00 in Herceg Novi versus $47.00 in Bansko. Groceries tell a different story – $225 in Herceg Novi vs $193 in Bansko – so Bansko wins on supermarket bills even if dining out costs more.

Good to know

🇲🇪 Herceg Novi

🇧🇬 Bansko

🕒 Local time

10:35 10:35 AM

11:35 11:35 AM

1 h ahead of Herceg Novi

🌤 Weather

👥 Population

11,059

8,000

💱 Currency

Euro EUR €

Bulgarian Lev BGN лв.

📈 Exchange rate

1 EUR = 1.12 USD

1 BGN = 0.571 USD

1 BGN = 0.509 EUR

Exchange rates and currency converter

On the map

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Herceg Novi Bansko 410 km

From you

Herceg Novi
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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

Herceg Novi vs Bansko: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,237 in Herceg Novi, $970 in Bansko – roughly 28% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $1,855 per month in Herceg Novi and $1,455 in Bansko. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $36.00 in Herceg Novi and $47.00 in Bansko. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,237 in Herceg Novi and $970 in Bansko. That's a gap of about 28%.

A $2,000 monthly budget goes further in Bansko, where all-in costs run around $970, than in Herceg Novi at $1,237. In Bansko it covers expenses comfortably, while in Herceg Novi it requires careful planning or may not stretch far enough.

It depends on your priorities. Herceg Novi has an edge in some lifestyle areas, with costs from $970 in Bansko to $1,237 in Herceg Novi. 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 Bansko. If higher salaries, better infrastructure, or specific career opportunities are the priority, Herceg Novi makes more sense. Both are solid long-term options with distinct trade-offs.