Cost of Living Comparison Between Herceg Novi and Budva Cost of Living Comparison Between Herceg Novi and Budva

🙂 Solo nomad: Herceg Novi is 13.3% cheaper than Budva without rent, and 16.6% cheaper with rent.

🙂 Family of 3: Herceg Novi is 19.1% cheaper than Budva without rent, and 24.6% cheaper with rent.

Meal at Budget Restaurant

$11.45 €9.89

$16.02 €13.83

-28.53%

Three-Course Dinner for Two, Mid-Range

$37.99 €32.8

$67 €57.8

-43.26%

Fast Food Meal (McDonalds, etc)

$10.5 €9.07

$11.6 €10.02

-9.48%

Cappuccino

$2.63 €2.27

$2.92 €2.52

-9.93%

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

$2.86 €2.47

$2.26 €1.95

26.55%

Water (0.33 liter bottle)

$1.92 €1.66

$1.44 €1.24

33.33%

Local Beer (0.5 liter draught)

$2.83 €2.45

$3.37 €2.91

-16.02%

Imported Beer (0.33 liter bottle)

$2.92 €2.52

$3.87 €3.34

-24.55%

Milk (1 liter)

$1.39 €1.2

$1.44 €1.24

-3.47%

White Bread (500g)

$0.95 €0.82

$1.16 €1

-18.10%

Rice (white) (1kg)

$2.54 €2.2

$2.45 €2.11

3.67%

Eggs

$3.11 €2.69

$3.08 €2.66

0.97%

Local Cheese (1kg)

$9.15 €7.9

$9 €7.77

1.67%

Chicken Fillets (1kg)

$7.62 €6.58

$8.42 €7.27

-9.50%

Beef Round Steak (1kg)

$12.05 €10.4

$11.57 €9.99

4.15%

Apples (1kg)

$1.34 €1.16

$1.3 €1.13

3.08%

Banana (1kg)

$1.7 €1.47

$1.72 €1.48

-1.16%

Oranges (1kg)

$1.66 €1.44

$1.68 €1.45

-1.19%

Tomato (1kg)

$2.92 €2.53

$2.85 €2.46

2.46%

Potato (1kg)

$1.14 €0.98

$1.03 €0.89

10.68%

Onion (1kg)

$1.43 €1.23

$1.3 €1.13

10.00%

Lettuce (1 head)

$1.55 €1.34

$1.79 €1.55

-13.41%

Water (1.5 liter bottle)

$0.8 €0.69

$1.19 €1.02

-32.77%

Cigarettes 20 Pack (Marlboro, Camel)

$3.72 €3.22

$4.49 €3.87

-17.15%

Wine (Bottle)

$4.85 €4.18

$6.52 €5.63

-25.61%

Local Beer (0.5 liter bottle)

$1.2 €1.04

$1.28 €1.11

-6.25%

Imported Beer (0.33 liter bottle)

$1.8 €1.55

$1.73 €1.49

4.05%

One-way Ticket (Public Transport)

$1.14 €0.98

$2.3 €1.98

-50.43%

Public Transport Monthly Pass (Regular Price)

$58.1 €50.2

$40.86 €35.28

42.14%

Taxi Start (Normal Tariff)

$2.25 €1.94

$1.18 €1.02

90.68%

Taxi (Normal Tariff) (1km)

$0.74 €0.64

$1.03 €0.89

-28.16%

Taxi 1hour Waiting (Normal Tariff)

$17.23 €14.88

$17.39 €15.02

-0.92%

Gasoline (1 liter)

$1.77 €1.53

$1.71 €1.48

3.51%

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

$34.1K €29.5K

$30.2K €26.1K

13.09%

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

$21.7K €18.8K

$27K €23.3K

-19.57%

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

$142 €123

$162 €140

-11.95%

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

$16.45 €14.21

$18.24 €15.75

-9.81%

Internet (50+ Mbps, Unlimited Data)

$31.14 €26.88

$33.07 €28.55

-5.84%

Gym Membership (Monthly)

$57.3 €49.47

$60.2 €51.9

-4.75%

Tennis Court (1 Hour on Weekend)

$11.7 €10.1

$24.35 €21.03

-51.95%

Cinema Ticket

$8.01 €6.92

$5.78 €4.99

38.58%

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

$523 €451

$412 €355

26.98%

International Primary School, 1 Child (Yearly)

$7,644 €6,599

$10K €8,676

-23.93%

Jeans (Levis 501 Or Similar)

$86.2 €74.5

$118 €102

-26.92%

Summer Dress (H&M, Zara, etc)

$34.54 €29.82

$47.56 €41.06

-27.38%

Sport Shoes (Adidas, Nike)

$75.8 €65.4

$112 €96.7

-32.34%

Men's Leather Business Shoes

$97 €83.7

$206 €178

-53.03%

1-bedroom Apartment, City Center (Monthly)

$767 €662

$953 €823

-19.53%

1-bedroom Apartment, Outside City Center (Monthly)

$559 €482

$698 €602

-19.90%

3-bedroom Apartment, City Center (Monthly)

$1,365 €1,178

$1,779 €1,536

-23.28%

3-bedroom Apartment, Outside City Center (Monthly)

$960 €829

$1,395 €1,205

-31.22%

Buy Apartment in City Center (m2)

$3,274 €2,827

$3,868 €3,340

-15.36%

Buy Apartment Outside City Center (m2)

$2,499 €2,158

$2,822 €2,437

-11.44%

Average Monthly Net Salary (After Tax)

$873 €754

$1,066 €921

-18.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.93

-15.68%

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

Last update for Herceg Novi: October 27, 2025

Last update for Budva: October 29, 2025

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