Last update: Oct 2026

Cost of Living Comparison Between Herceg Novi and Belgrade

For one person, living is cheaper in Herceg Novi: $1,234 a month against $1,554 in Belgrade, rent and utilities included – about $3,800 less a year. Rent and utilities account for most of the difference.

60

Cost of Living Index in Herceg Novi
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Herceg Novi Living Index
76

Cost of Living Index in Belgrade
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Belgrade Living Index

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Herceg Novi

🇲🇪 Montenegro

$1,234

/mo nomad

Belgrade

🇷🇸 Serbia

$1,554

/mo nomad

Monthly Cost of Living

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

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

A single person spends $1,234 per month in Herceg Novi vs $1,554 in Belgrade, rent included.

Herceg Novi $1,234
Belgrade $1,554

A couple spends around $1,969 per month in Herceg Novi vs $2,337 in Belgrade, rent included.

Herceg Novi $1,969
Belgrade $2,337

A family of three spends $2,705 per month in Herceg Novi vs $3,121 in Belgrade, rent included.

Herceg Novi $2,705
Belgrade $3,121

Herceg Novi is about 21% cheaper than Belgrade, and outside of rent the biggest gap is in clothing.

Herceg Novi sits 9% below the global median, while Belgrade is 15% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.15 €9.91

$13.15 RSD 1,371

-15.21%

Three-Course Dinner for Two, Mid-Range

$36.61 €32.57

$57.5 RSD 5,999

-36.37%

Fast Food Meal (McDonalds, etc)

$9.07 €8.07

$13.38 RSD 1,394

-32.21%

Cappuccino

$2.58 €2.30

$3.10 RSD 323

-16.77%

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

$2.56 €2.28

$2.82 RSD 294

-9.22%

Water (0.33 liter bottle)

$1.63 €1.45

$2.22 RSD 231

-26.58%

Local Beer (0.5 liter draught)

$2.82 €2.50

$3.47 RSD 362

-18.73%

Imported Beer (0.33 liter bottle)

$3.43 €3.05

$3.96 RSD 412

-13.38%

Milk (1 liter)

$1.19 €1.06

$1.38 RSD 144

-13.77%

White Bread (500g)

$1.02 €0.90

$1.13 RSD 118

-9.73%

Rice (white) (1kg)

$2.79 €2.49

$2.66 RSD 277

4.89%

Eggs

$3.00 €2.67

$2.78 RSD 290

7.91%

Local Cheese (1kg)

$9.06 €8.06

$10.99 RSD 1,146

-17.56%

Chicken Fillets (1kg)

$7.19 €6.40

$6.56 RSD 684

9.60%

Beef Round Steak (1kg)

$12.92 €11.49

$15.07 RSD 1,571

-14.27%

Apples (1kg)

$1.33 €1.19

$1.66 RSD 173

-19.88%

Banana (1kg)

$1.51 €1.34

$1.79 RSD 186

-15.64%

Oranges (1kg)

$1.60 €1.43

$1.87 RSD 195

-14.44%

Tomato (1kg)

$3.00 €2.67

$3.03 RSD 315

-0.99%

Potato (1kg)

$0.87 €0.78

$0.92 RSD 96.3

-5.43%

Onion (1kg)

$1.30 €1.15

$0.71 RSD 73.8

83.10%

Lettuce (1 head)

$1.51 €1.35

$0.74 RSD 77.6

104.05%

Water (1.5 liter bottle)

$0.94 €0.84

$0.74 RSD 77.2

27.03%

Cigarettes 20 Pack (Marlboro, Camel)

$3.98 €3.54

$4.61 RSD 481

-13.67%

Wine (Bottle)

$4.52 €4.02

$8.81 RSD 918

-48.69%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$0.89 RSD 92.7

43.82%

Imported Beer (0.33 liter bottle)

$1.72 €1.53

$1.45 RSD 151

18.62%

One-way Ticket (Public Transport)

$1.69 €1.50

Public Transport Monthly Pass (Regular Price)

$44.23 €39.34

Taxi Start (Normal Tariff)

$2.95 €2.62

$3.02 RSD 315

-2.32%

Taxi (Normal Tariff) (1km)

$1.14 €1.02

$0.98 RSD 103

16.33%

Taxi 1hour Waiting (Normal Tariff)

$16.48 €14.66

$17.08 RSD 1,780

-3.51%

Gasoline (1 liter)

$1.77 €1.57

$1.91 RSD 199

-7.33%

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

$32.2K €28.6K

$31.0K RSD 3.2M

3.83%

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

$21.4K €19.1K

$24.7K RSD 2.6M

-13.14%

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

$132 €117

$220 RSD 23.0K

-40.30%

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

$12.96 €11.53

$24.41 RSD 2,544

-46.91%

Internet (50+ Mbps, Unlimited Data)

$33.87 €30.13

$35.64 RSD 3,715

-4.97%

Gym Membership (Monthly)

$55.6 €49.47

$41.20 RSD 4,295

35.00%

Tennis Court (1 Hour on Weekend)

$11.01 €9.79

$22.60 RSD 2,356

-51.28%

Cinema Ticket

$7.60 €6.76

$8.59 RSD 896

-11.53%

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

$442 €393

$424 RSD 44.2K

4.31%

International Primary School, 1 Child (Yearly)

$7,034 €6,257

$11.0K RSD 1.1M

-35.89%

Jeans (Levis 501 Or Similar)

$85.2 €75.8

$111 RSD 11.5K

-23.01%

Summer Dress (H&M, Zara, etc)

$33.74 €30.01

$47.28 RSD 4,929

-28.64%

Sport Shoes (Adidas, Nike)

$71.6 €63.7

$113 RSD 11.8K

-36.71%

Men's Leather Business Shoes

$94.3 €83.9

$157 RSD 16.3K

-39.80%

1-bedroom Apartment, City Center (Monthly)

$661 €588

$805 RSD 83.9K

-17.89%

1-bedroom Apartment, Outside City Center (Monthly)

$386 €344

$546 RSD 56.9K

-29.25%

3-bedroom Apartment, City Center (Monthly)

$1,227 €1,092

$1,452 RSD 151.4K

-15.51%

3-bedroom Apartment, Outside City Center (Monthly)

$872 €776

$931 RSD 97.0K

-6.30%

Buy Apartment in City Center (m2)

$3,727 €3,315

$5,368 RSD 559.6K

-30.57%

Buy Apartment Outside City Center (m2)

$2,355 €2,095

$3,155 RSD 328.9K

-25.35%

Average Monthly Net Salary (After Tax)

$1,053 €937

$1,237 RSD 128.9K

-14.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.61

8.46%

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

Last update for Herceg Novi: October 12, 2026

Last update for Belgrade: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Herceg Novi

$386 31.3%

Belgrade

$546 35.2% 41.4% $160

Groceries & Markets

Herceg Novi

$226 18.3%

Belgrade

$241 15.5% 6.6% $15

Eating Out

Herceg Novi

$185 15%

Belgrade

$228 14.7% 23.2% $43

Monthly Utilities & Internet

Herceg Novi

$178 14.5%

Belgrade

$280 18.1% 57.2% $102

Clothing & Footwear

Herceg Novi

$128 10.4%

Belgrade

$192 12.4% 50.2% $64

Sport & Entertainment

Herceg Novi

$71 5.7%

Belgrade

$58 3.8% 17.6% $12

Getting Around

Herceg Novi

$60 4.8%

Belgrade

$7.9 * 0.5% 86.7% $52

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $661 in Herceg Novi versus $805 in Belgrade. 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 17% higher in Belgrade, 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 $37.00 in Herceg Novi versus $58.0 in Belgrade. Monthly groceries follow the same trend: $226 vs $241 – making Herceg Novi the more affordable choice for daily food spending.

Good to know

🇲🇪 Herceg Novi

🇷🇸 Belgrade

🕒 Local time

10:42 10:42 AM

Same time as Herceg Novi

🌤 Weather

👥 Population

11,059

1,197,714 Capital

💱 Currency

Euro EUR €

Serbian Dinar RSD din

📈 Exchange rate

1 EUR = 1.12 USD

1,000 RSD = 9.59 USD

1,000 RSD = 8.53 EUR

Exchange rates and currency converter

RSD, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Serbian Dinar exchange rates as of October 20, 2026: 1 USD = 104 RSD (1,000 RSD = 9.59 USD). 1 EUR = 117 RSD (1,000 RSD = 8.53 EUR).

USD to EUR in detail →

On the map

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Herceg Novi Belgrade 310 km

From you

Herceg Novi
Belgrade

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 Belgrade: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,234 in Herceg Novi, $1,554 in Belgrade – roughly 26% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $1,851 per month in Herceg Novi and $2,331 in Belgrade. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Herceg Novi, 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 $37.00 in Herceg Novi and $58.0 in Belgrade. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 7% more in Belgrade, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Herceg Novi, where all-in costs run around $1,234, than in Belgrade at $1,554. In Herceg Novi it covers expenses comfortably, while in Belgrade it requires careful planning or may not stretch far enough.

Families tend to lean toward Herceg Novi – 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 Herceg Novi. If higher salaries, better infrastructure, or specific career opportunities are the priority, Belgrade makes more sense. Both are solid long-term options with distinct trade-offs.