Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Montenegro

For one person, living is cheaper in Montenegro: $1,323 a month against $1,526 in Istanbul, rent and utilities included – about $2,400 less a year. Rent and utilities account for about half of the difference.

Istanbul
🇹🇷 Turkey
$1,526
/mo nomad
🇲🇪 Montenegro
$1,323
/mo nomad
😐 Solo nomad: Istanbul is 15% more expensive than Montenegro without rent, and 15.4% more expensive with rent.
😐 Family of 3: Istanbul is 11.5% more expensive than Montenegro without rent, and 16% more expensive with rent.
Currency
🍽 Eating Out
Istanbul
Montenegro
Difference
Meal at Budget Restaurant
$11.88 ₺585
$11.18 €9.98
6.26%
Three-Course Dinner for Two, Mid-Range
$55.1 ₺2,714
$49.77 €44.42
10.69%
Fast Food Meal (McDonalds, etc)
$9.14 ₺450
$11.23 €10.02
-18.61%
Cappuccino
$4.24 ₺209
$2.54 €2.27
66.93%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.75 ₺86.0
$2.38 €2.12
-26.47%
Water (0.33 liter bottle)
$0.54 ₺26.83
$1.53 €1.36
-64.71%
Local Beer (0.5 liter draught)
$4.69 ₺231
$3.13 €2.79
49.84%
Imported Beer (0.33 liter bottle)
$5.97 ₺294
$3.30 €2.95
80.91%
🛒 Groceries & Markets
Istanbul
Montenegro
Difference
Milk (1 liter)
$1.26 ₺62.1
$1.23 €1.10
2.44%
White Bread (500g)
$0.95 ₺46.81
$1.04 €0.92
-8.65%
Rice (white) (1kg)
$2.31 ₺114
$2.03 €1.81
13.79%
Eggs
$2.47 ₺122
$3.32 €2.97
-25.60%
Local Cheese (1kg)
$10.55 ₺520
$8.87 €7.91
18.94%
Chicken Fillets (1kg)
$5.60 ₺276
$7.90 €7.05
-29.11%
Beef Round Steak (1kg)
$21.21 ₺1,045
$11.87 €10.59
78.69%
Apples (1kg)
$1.93 ₺95.1
$1.41 €1.26
36.88%
Banana (1kg)
$2.29 ₺113
$1.74 €1.56
31.61%
Oranges (1kg)
$1.28 ₺63.1
$1.55 €1.39
-17.42%
Tomato (1kg)
$1.84 ₺90.8
$2.57 €2.30
-28.40%
Potato (1kg)
$0.67 ₺32.86
$0.93 €0.83
-27.96%
Onion (1kg)
$0.59 ₺29.31
$1.11 €0.99
-46.85%
Lettuce (1 head)
$1.33 ₺65.4
$1.56 €1.39
-14.74%
Water (1.5 liter bottle)
$0.59 ₺29.10
$0.90 €0.80
-34.44%
Cigarettes 20 Pack (Marlboro, Camel)
$2.36 ₺116
$4.16 €3.71
-43.27%
Wine (Bottle)
$13.47 ₺664
$5.50 €4.91
144.91%
Local Beer (0.5 liter bottle)
$2.42 ₺119
$1.10 €0.98
120.00%
Imported Beer (0.33 liter bottle)
$3.54 ₺174
$1.66 €1.48
113.25%
🚌 Getting Around
Istanbul
Montenegro
Difference
One-way Ticket (Public Transport)
$0.83 ₺40.64
$1.36 €1.21
-38.97%
Public Transport Monthly Pass (Regular Price)
$66.5 ₺3,273
$33.24 €29.66
99.91%
Taxi Start (Normal Tariff)
$1.35 ₺66.6
$1.10 €0.98
22.73%
Taxi (Normal Tariff) (1km)
$0.85 ₺42.05
$1.15 €1.02
-26.09%
Taxi 1hour Waiting (Normal Tariff)
$10.86 ₺535
$12.13 €10.83
-10.47%
Gasoline (1 liter)
$1.47 ₺72.3
$1.71 €1.53
-14.04%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$51.6K ₺2.5M
$30.2K €27.0K
70.78%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$44.4K ₺2.2M
$26.1K €23.3K
70.48%
🧾 Monthly Utilities & Internet
Istanbul
Montenegro
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$89.2 ₺4,395
$125 €111
-28.36%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.60 ₺572
$16.33 €14.57
-28.97%
Internet (50+ Mbps, Unlimited Data)
$16.10 ₺793
$31.48 €28.10
-48.86%
🎉 Sport & Entertainment
Istanbul
Montenegro
Difference
Gym Membership (Monthly)
$77.3 ₺3,805
$46.14 €41.18
67.43%
Tennis Court (1 Hour on Weekend)
$22.66 ₺1,116
$13.52 €12.07
67.60%
Cinema Ticket
$8.34 ₺411
$5.48 €4.89
52.19%
🧸 Childcare & Education
Istanbul
Montenegro
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$974 ₺48.0K
$340 €304
186.03%
International Primary School, 1 Child (Yearly)
$25.8K ₺1.3M
$8,762 €7,819
194.15%
👕👟 Clothing & Footwear
Istanbul
Montenegro
Difference
Jeans (Levis 501 Or Similar)
$52.7 ₺2,597
$81.1 €72.3
-34.97%
Summer Dress (H&M, Zara, etc)
$39.16 ₺1,929
$39.65 €35.38
-1.24%
Sport Shoes (Adidas, Nike)
$103 ₺5,083
$95.5 €85.2
8.05%
Men's Leather Business Shoes
$96.6 ₺4,759
$113 €101
-14.57%
🏠 Accommodation & Living
Istanbul
Montenegro
Difference
1-bedroom Apartment, City Center (Monthly)
$994 ₺49.0K
$627 €559
58.62%
1-bedroom Apartment, Outside City Center (Monthly)
$629 ₺31.0K
$469 €419
34.11%
3-bedroom Apartment, City Center (Monthly)
$2,024 ₺99.7K
$1,178 €1,051
71.90%
3-bedroom Apartment, Outside City Center (Monthly)
$1,155 ₺56.9K
$912 €814
26.67%
Buy Apartment in City Center (m2)
$3,160 ₺155.7K
$3,218 €2,872
-1.80%
Buy Apartment Outside City Center (m2)
$1,838 ₺90.5K
$2,282 €2,037
-19.47%
💵 Salaries & Financials
Istanbul
Montenegro
Difference
Average Monthly Net Salary (After Tax)
$1,203 ₺59.3K
$1,024 €914
17.54%
20-Year Fixed Mortgage Interest Rate (Annual %)
41.09
5.38
663.75%

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

Last update for Istanbul: October 3, 2026

Last update for Montenegro: October 4, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Istanbul
$629
Montenegro
$469 25.4% $160
Groceries & Markets
Istanbul
$264
Montenegro
$224 15% $40
Eating Out
Istanbul
$218
Montenegro
$191 12.1% $26
Clothing & Footwear
Istanbul
$131
Montenegro
$148 12.9% $17
Monthly Utilities & Internet
Istanbul
$117
Montenegro
$172 47.4% $55
Sport & Entertainment
Istanbul
$94
Montenegro
$57 39.2% $37
Getting Around
Istanbul
$75
Montenegro
$46 39.6% $30
Good to know
🇹🇷 Istanbul
🇲🇪 Montenegro
🕒 Local time
15:27 3:27 PM
14:27 2:27 PM
1 h behind Istanbul
🌤 Weather
👥 Population
15,701,602
617,213
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to TRY – Turkish Lira Converter

Turkish Lira exchange rates as of October 10, 2026: 1 USD = 49.26 TRY (100 TRY = 2.03 USD). 1 EUR = 55.2 TRY (100 TRY = 1.81 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Istanbul Montenegro 820 km ≈ 1 h 30 min nonstop flight
From you
  • Istanbul
  • Montenegro

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

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