Last update: Oct 2026

Cost of Living Comparison Between Herceg Novi and Chiang Mai

For one person, living is cheaper in Chiang Mai: $925 a month against $1,257 in Herceg Novi, rent and utilities included – about $4,000 less a year. Rent and utilities account for about half of the difference.

61

Cost of Living Index in Herceg Novi
Learn more

Herceg Novi Living Index
45

Cost of Living Index in Chiang Mai
Learn more

Chiang Mai Living Index

Jump to prices

Herceg Novi

🇲🇪 Montenegro

$1,257

/mo nomad

Chiang Mai

🇹🇭 Thailand

$925

/mo nomad

Monthly Cost of Living

How much you'll spend in Herceg Novi and in Chiang Mai

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

A single person spends $1,257 per month in Herceg Novi vs $925 in Chiang Mai, rent included.

Herceg Novi $1,257
Chiang Mai $925

A couple spends around $1,997 per month in Herceg Novi vs $1,414 in Chiang Mai, rent included.

Herceg Novi $1,997
Chiang Mai $1,414

A family of three spends $2,737 per month in Herceg Novi vs $1,903 in Chiang Mai, rent included.

Herceg Novi $2,737
Chiang Mai $1,903

Herceg Novi costs about 36% more than Chiang Mai, and outside of rent the biggest gap is in eating out.

Both Herceg Novi and Chiang Mai are more affordable than the global median – Herceg Novi 7% lower, Chiang Mai 32% lower.

Meal at Budget Restaurant

$11.23 €9.99

$2.29 ฿76.5

390.39%

Three-Course Dinner for Two, Mid-Range

$36.29 €32.28

$19.64 ฿656

84.78%

Fast Food Meal (McDonalds, etc)

$9.16 €8.15

$5.61 ฿188

63.28%

Cappuccino

$2.65 €2.36

$1.66 ฿55.6

59.64%

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

$2.50 €2.23

$0.70 ฿23.40

257.14%

Water (0.33 liter bottle)

$1.63 €1.45

$0.31 ฿10.24

425.81%

Local Beer (0.5 liter draught)

$2.84 €2.53

$2.41 ฿80.4

17.84%

Imported Beer (0.33 liter bottle)

$3.34 €2.97

$3.71 ฿124

-9.97%

Milk (1 liter)

$1.20 €1.07

$1.95 ฿65.3

-38.46%

White Bread (500g)

$1.01 €0.90

$1.41 ฿47.03

-28.37%

Rice (white) (1kg)

$2.93 €2.61

$1.31 ฿43.62

123.66%

Eggs

$2.98 €2.65

$2.18 ฿72.9

36.70%

Local Cheese (1kg)

$9.02 €8.02

$16.65 ฿556

-45.83%

Chicken Fillets (1kg)

$7.43 €6.61

$2.76 ฿92.2

169.20%

Beef Round Steak (1kg)

$12.99 €11.56

$9.11 ฿304

42.59%

Apples (1kg)

$1.33 €1.18

$2.39 ฿80.0

-44.35%

Banana (1kg)

$1.57 €1.39

$1.03 ฿34.26

52.43%

Oranges (1kg)

$1.63 €1.45

$1.63 ฿54.4

Tomato (1kg)

$2.96 €2.63

$1.50 ฿50.0

97.33%

Potato (1kg)

$0.95 €0.85

$1.29 ฿43.13

-26.36%

Onion (1kg)

$1.29 €1.15

$1.11 ฿37.03

16.22%

Lettuce (1 head)

$1.54 €1.37

$0.72 ฿24.08

113.89%

Water (1.5 liter bottle)

$0.95 €0.85

$0.53 ฿17.59

79.25%

Cigarettes 20 Pack (Marlboro, Camel)

$4.00 €3.56

$4.31 ฿144

-7.19%

Wine (Bottle)

$4.37 €3.89

$17.95 ฿600

-75.65%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$1.58 ฿52.9

-18.99%

Imported Beer (0.33 liter bottle)

$1.74 €1.55

$2.84 ฿95.0

-38.73%

One-way Ticket (Public Transport)

$1.64 €1.46

$0.86 ฿28.86

90.70%

Public Transport Monthly Pass (Regular Price)

$44.46 €39.55

$53.3 ฿1,780

-16.55%

Taxi Start (Normal Tariff)

$2.84 €2.53

$1.21 ฿40.29

134.71%

Taxi (Normal Tariff) (1km)

$1.10 €0.97

$0.57 ฿18.99

92.98%

Taxi 1hour Waiting (Normal Tariff)

$17.09 €15.20

$2.35 ฿78.6

627.23%

Gasoline (1 liter)

$1.72 €1.53

$1.44 ฿47.96

19.44%

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

$32.3K €28.8K

$20.7K ฿692.8K

55.93%

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

$21.4K €19.0K

$26.8K ฿895.7K

-20.20%

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

$136 €121

$62.3 ฿2,083

118.53%

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

$13.14 €11.69

$12.11 ฿405

8.51%

Internet (50+ Mbps, Unlimited Data)

$33.88 €30.14

$19.94 ฿666

69.91%

Gym Membership (Monthly)

$56.6 €50.3

$37.07 ฿1,239

52.60%

Tennis Court (1 Hour on Weekend)

$11.39 €10.13

$3.78 ฿126

201.32%

Cinema Ticket

$7.81 €6.94

$6.50 ฿217

20.15%

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

$444 €395

$793 ฿26.5K

-44.02%

International Primary School, 1 Child (Yearly)

$7,024 €6,248

$14.8K ฿494.9K

-52.56%

Jeans (Levis 501 Or Similar)

$84.3 €75.0

$53.7 ฿1,796

56.79%

Summer Dress (H&M, Zara, etc)

$33.74 €30.01

$24.62 ฿823

37.04%

Sport Shoes (Adidas, Nike)

$72.7 €64.7

$90.9 ฿3,036

-20.00%

Men's Leather Business Shoes

$95.8 €85.2

$71.1 ฿2,378

34.66%

1-bedroom Apartment, City Center (Monthly)

$651 €579

$455 ฿15.2K

42.97%

1-bedroom Apartment, Outside City Center (Monthly)

$399 €355

$298 ฿9,954

33.89%

3-bedroom Apartment, City Center (Monthly)

$1,257 €1,118

$908 ฿30.4K

38.37%

3-bedroom Apartment, Outside City Center (Monthly)

$888 €790

$554 ฿18.5K

60.39%

Buy Apartment in City Center (m2)

$3,685 €3,278

$1,931 ฿64.5K

90.85%

Buy Apartment Outside City Center (m2)

$2,421 €2,153

$1,445 ฿48.3K

67.59%

Average Monthly Net Salary (After Tax)

$1,031 €917

$591 ฿19.7K

74.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

-10.23%

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

Last update for Herceg Novi: October 19, 2026

Last update for Chiang Mai: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Herceg Novi

$399 31.7%

Chiang Mai

$298 32.2% 25.3% $101

Groceries & Markets

Herceg Novi

$228 18.1%

Chiang Mai

$235 25.5% 3.3% $7.4

Eating Out

Herceg Novi

$187 14.8%

Chiang Mai

$79 8.5% 57.9% $108

Monthly Utilities & Internet

Herceg Novi

$183 14.6%

Chiang Mai

$94 10.2% 48.5% $89

Clothing & Footwear

Herceg Novi

$129 10.3%

Chiang Mai

$108 11.7% 16.1% $21

Sport & Entertainment

Herceg Novi

$72 5.7%

Chiang Mai

$50 5.4% 30.6% $22

Getting Around

Herceg Novi

$59 4.7%

Chiang Mai

$61 6.6% 2.4% $1.4

Cost Breakdown

A central one-bedroom costs $651 in Herceg Novi versus $455 in Chiang Mai. 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 75% higher in Herceg Novi, 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 $36.00 in Herceg Novi versus $20.00 in Chiang Mai. Groceries tell a different story – $228 in Herceg Novi vs $235 in Chiang Mai – so Herceg Novi wins on supermarket bills even if dining out costs more.

Good to know

🇲🇪 Herceg Novi

🇹🇭 Chiang Mai

🕒 Local time

12:53 12:53 PM

17:53 5:53 PM

5 h ahead of Herceg Novi

🌤 Weather

👥 Population

11,059

127,240

💱 Currency

Euro EUR €

Thai Baht THB ฿

📈 Exchange rate

1 EUR = 1.12 USD

100 THB = 2.99 USD

100 THB = 2.66 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Herceg Novi Chiang Mai 7,840 km ≈ 10 h nonstop flight

From you

Herceg Novi
Chiang Mai

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 Chiang Mai: Cost of Living - Frequently Asked Questions

Herceg Novi costs about 36% more than Chiang Mai, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,886 per month in Herceg Novi and $1,388 in Chiang Mai. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $444 per month in Herceg Novi and $793 in Chiang Mai. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Interestingly, groceries are about 3% cheaper in Herceg Novi – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Chiang Mai, where all-in costs run around $925, than in Herceg Novi at $1,257. In Chiang Mai it covers expenses comfortably, while in Herceg Novi it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Chiang Mai costs $925 versus $1,257 in Herceg Novi. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Chiang Mai. 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.