Last update: Oct 2026

Cost of Living Comparison Between London and Budva

For one person, living is cheaper in Budva: $1,604 a month against $4,086 in London, rent and utilities included – about $29,800 less a year. Rent and utilities account for most of the difference.

196

Cost of Living Index in London
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London Living Index
78

Cost of Living Index in Budva
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Budva Living Index

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London

🇬🇧 United Kingdom

$4,086

/mo nomad

Budva

🇲🇪 Montenegro

$1,604

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Budva

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

A single person spends $4,086 per month in London vs $1,604 in Budva, rent included.

London $4,086
Budva $1,604

A couple spends around $5,816 per month in London vs $2,553 in Budva, rent included.

London $5,816
Budva $2,553

A family of three spends $7,546 per month in London vs $3,501 in Budva, rent included.

London $7,546
Budva $3,501

London costs about 155% more than Budva, and outside of rent the biggest gap is in transport.

Both London and Budva sit above the global median – London by 205%, Budva by 20%.

Meal at Budget Restaurant

$26.62 £20.11

$14.84 €13.24

79.38%

Three-Course Dinner for Two, Mid-Range

$108 £81.3

$68.4 €61.0

57.36%

Fast Food Meal (McDonalds, etc)

$10.39 £7.85

$13.49 €12.04

-22.98%

Cappuccino

$5.79 £4.38

$3.42 €3.05

69.30%

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

$3.01 £2.27

$2.25 €2.01

33.78%

Water (0.33 liter bottle)

$2.15 £1.63

$1.54 €1.37

39.61%

Local Beer (0.5 liter draught)

$9.35 £7.06

$4.80 €4.28

94.79%

Imported Beer (0.33 liter bottle)

$7.84 £5.93

$4.30 €3.84

82.33%

Milk (1 liter)

$1.79 £1.35

$1.21 €1.08

47.93%

White Bread (500g)

$2.06 £1.56

$1.09 €0.98

88.99%

Rice (white) (1kg)

$2.31 £1.74

$2.21 €1.97

4.52%

Eggs

$5.05 £3.82

$2.99 €2.67

68.90%

Local Cheese (1kg)

$12.57 £9.50

$8.74 €7.80

43.82%

Chicken Fillets (1kg)

$10.66 £8.05

$9.23 €8.24

15.49%

Beef Round Steak (1kg)

$17.13 £12.94

$12.51 €11.16

36.93%

Apples (1kg)

$3.03 £2.29

$1.28 €1.14

136.72%

Banana (1kg)

$1.41 £1.07

$1.67 €1.49

-15.57%

Oranges (1kg)

$3.05 £2.31

$1.48 €1.32

106.08%

Tomato (1kg)

$3.38 £2.56

$2.83 €2.53

19.43%

Potato (1kg)

$1.67 £1.26

$0.94 €0.84

77.66%

Onion (1kg)

$1.73 £1.31

$1.06 €0.95

63.21%

Lettuce (1 head)

$1.41 £1.07

$1.64 €1.47

-14.02%

Water (1.5 liter bottle)

$1.79 £1.35

$0.91 €0.81

96.70%

Cigarettes 20 Pack (Marlboro, Camel)

$23.22 £17.55

$4.36 €3.89

432.57%

Wine (Bottle)

$12.99 £9.82

$7.68 €6.85

69.14%

Local Beer (0.5 liter bottle)

$3.18 £2.40

$1.12 €1.00

183.93%

Imported Beer (0.33 liter bottle)

$4.41 £3.33

$1.69 €1.50

160.95%

One-way Ticket (Public Transport)

$3.87 £2.93

$2.84 €2.54

36.27%

Public Transport Monthly Pass (Regular Price)

$250 £189

$40.03 €35.73

524.66%

Taxi Start (Normal Tariff)

$5.71 £4.31

$1.13 €1.01

405.31%

Taxi (Normal Tariff) (1km)

$3.33 £2.51

$1.15 €1.02

189.57%

Taxi 1hour Waiting (Normal Tariff)

$57.9 £43.76

$16.90 €15.08

242.66%

Gasoline (1 liter)

$2.04 £1.54

$1.72 €1.53

18.60%

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

$37.5K £28.4K

$29.6K €26.4K

27.06%

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

$40.9K £30.9K

$26.2K €23.3K

56.32%

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

$376 £284

$163 €145

131.11%

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

$17.88 £13.51

$14.79 €13.20

20.89%

Internet (50+ Mbps, Unlimited Data)

$40.01 £30.24

$33.37 €29.78

19.90%

Gym Membership (Monthly)

$61.2 £46.22

$58.8 €52.5

4.05%

Tennis Court (1 Hour on Weekend)

$21.07 £15.93

$21.72 €19.39

-2.99%

Cinema Ticket

$17.95 £13.57

$6.19 €5.52

189.98%

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

$2,865 £2,165

$395 €352

626.07%

International Primary School, 1 Child (Yearly)

$35.3K £26.7K

$9,585 €8,553

268.74%

Jeans (Levis 501 Or Similar)

$116 £87.7

$104 €92.7

11.62%

Summer Dress (H&M, Zara, etc)

$54.1 £40.87

$44.73 €39.91

20.90%

Sport Shoes (Adidas, Nike)

$127 £95.7

$97.7 €87.2

29.56%

Men's Leather Business Shoes

$159 £120

$177 €158

-9.79%

1-bedroom Apartment, City Center (Monthly)

$2,853 £2,156

$823 €735

246.60%

1-bedroom Apartment, Outside City Center (Monthly)

$2,301 £1,739

$592 €528

288.73%

3-bedroom Apartment, City Center (Monthly)

$5,201 £3,931

$1,484 €1,324

250.51%

3-bedroom Apartment, Outside City Center (Monthly)

$3,723 £2,813

$1,168 €1,042

218.76%

Buy Apartment in City Center (m2)

$19.0K £14.4K

$4,175 €3,726

355.29%

Buy Apartment Outside City Center (m2)

$7,881 £5,955

$2,981 €2,660

164.34%

Average Monthly Net Salary (After Tax)

$4,818 £3,641

$1,031 €920

367.16%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.65

5.95

-21.85%

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

Last update for London: October 4, 2026

Last update for Budva: October 5, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 56.5%

Budva

$592 36.8% 74.3% $1.7K

Monthly Utilities & Internet

London

$434 10.7%

Budva

$211 13.1% 51.4% $223

Eating Out

London

$397 9.7%

Budva

$248 15.4% 37.5% $149

Groceries & Markets

London

$349 8.6%

Budva

$237 14.7% 32.2% $113

Getting Around

London

$288 7.1%

Budva

$58 3.6% 79.8% $230

Clothing & Footwear

London

$205 5%

Budva

$190 11.8% 7.2% $15

Sport & Entertainment

London

$97 2.4%

Budva

$71 4.4% 26.7% $26

Cost Breakdown

A central one-bedroom costs $2,853 in London versus $823 in Budva. 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 367% higher in London, 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 $108 in London versus $68.0 in Budva. Monthly groceries follow the same trend: $349 vs $237 – making Budva the more affordable choice for daily food spending.

Good to know

🇬🇧 London

🇲🇪 Budva

🕒 Local time

06:08 6:08 AM

07:08 7:08 AM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

13,338

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.32 USD

1 GBP = 1.18 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of October 10, 2026: 1 USD = 0.756 GBP (1 GBP = 1.32 USD). 1 EUR = 0.848 GBP (1 GBP = 1.18 EUR).

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

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

London Budva 1,760 km ≈ 2 h 45 min nonstop flight

From you

London
Budva

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

London vs Budva: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,086 in London, $1,604 in Budva – roughly 155% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $6,129 per month in London and $2,406 in Budva. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $4,086 in London and $1,604 in Budva. That's a gap of about 155%.

Public transport costs about 525% less in Budva. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Budva, where all-in costs run around $1,604, than in London at $4,086. In Budva it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

It depends on your priorities. London has an edge in some lifestyle areas, with costs from $1,604 in Budva to $4,086 in London. 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 Budva. If higher salaries, better infrastructure, or specific career opportunities are the priority, London makes more sense. Both are solid long-term options with distinct trade-offs.