Last update: Oct 2026

Cost of Living Comparison Between London and Podgorica

For one person, living is cheaper in Podgorica: $1,315 a month against $4,086 in London, rent and utilities included – about $33,300 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
65

Cost of Living Index in Podgorica
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Podgorica Living Index

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London

🇬🇧 United Kingdom

$4,086

/mo nomad

Podgorica

🇲🇪 Montenegro

$1,315

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Podgorica

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

A single person spends $4,086 per month in London vs $1,315 in Podgorica, rent included.

London $4,086
Podgorica $1,315

A couple spends around $5,816 per month in London vs $2,079 in Podgorica, rent included.

London $5,816
Podgorica $2,079

A family of three spends $7,546 per month in London vs $2,844 in Podgorica, rent included.

London $7,546
Podgorica $2,844

London costs about 211% more than Podgorica, and outside of rent the biggest gap is in transport.

London sits 205% above the global median, while Podgorica is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.62 £20.11

$11.18 €9.98

138.10%

Three-Course Dinner for Two, Mid-Range

$108 £81.3

$45.17 €40.31

138.19%

Fast Food Meal (McDonalds, etc)

$10.39 £7.85

$10.73 €9.58

-3.17%

Cappuccino

$5.79 £4.38

$2.12 €1.89

173.11%

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

$3.01 £2.27

$2.52 €2.25

19.44%

Water (0.33 liter bottle)

$2.15 £1.63

$1.46 €1.30

47.26%

Local Beer (0.5 liter draught)

$9.35 £7.06

$3.06 €2.73

205.56%

Imported Beer (0.33 liter bottle)

$7.84 £5.93

$3.30 €2.94

137.58%

Milk (1 liter)

$1.79 £1.35

$1.33 €1.19

34.59%

White Bread (500g)

$2.06 £1.56

$1.02 €0.91

101.96%

Rice (white) (1kg)

$2.31 £1.74

$1.92 €1.71

20.31%

Eggs

$5.05 £3.82

$3.61 €3.22

39.89%

Local Cheese (1kg)

$12.57 £9.50

$8.80 €7.86

42.84%

Chicken Fillets (1kg)

$10.66 £8.05

$8.51 €7.59

25.26%

Beef Round Steak (1kg)

$17.13 £12.94

$12.30 €10.97

39.27%

Apples (1kg)

$3.03 £2.29

$1.62 €1.44

87.04%

Banana (1kg)

$1.41 £1.07

$1.64 €1.46

-14.02%

Oranges (1kg)

$3.05 £2.31

$1.81 €1.62

68.51%

Tomato (1kg)

$3.38 £2.56

$2.33 €2.08

45.06%

Potato (1kg)

$1.67 £1.26

$0.99 €0.88

68.69%

Onion (1kg)

$1.73 £1.31

$1.02 €0.91

69.61%

Lettuce (1 head)

$1.41 £1.07

$1.44 €1.29

-2.08%

Water (1.5 liter bottle)

$1.79 £1.35

$0.83 €0.74

115.66%

Cigarettes 20 Pack (Marlboro, Camel)

$23.22 £17.55

$4.42 €3.95

425.34%

Wine (Bottle)

$12.99 £9.82

$5.71 €5.10

127.50%

Local Beer (0.5 liter bottle)

$3.18 £2.40

$1.04 €0.93

205.77%

Imported Beer (0.33 liter bottle)

$4.41 £3.33

$1.71 €1.53

157.89%

One-way Ticket (Public Transport)

$3.87 £2.93

$1.03 €0.92

275.73%

Public Transport Monthly Pass (Regular Price)

$250 £189

$33.52 €29.91

645.97%

Taxi Start (Normal Tariff)

$5.71 £4.31

$0.73 €0.65

682.19%

Taxi (Normal Tariff) (1km)

$3.33 £2.51

$0.75 €0.67

344.00%

Taxi 1hour Waiting (Normal Tariff)

$57.9 £43.76

$11.39 €10.16

408.43%

Gasoline (1 liter)

$2.04 £1.54

$1.91 €1.71

6.81%

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

$37.5K £28.4K

$30.1K €26.8K

24.86%

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

$40.9K £30.9K

$26.4K €23.5K

55.13%

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

$376 £284

$126 €112

198.34%

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

$17.88 £13.51

$19.15 €17.09

-6.63%

Internet (50+ Mbps, Unlimited Data)

$40.01 £30.24

$31.45 €28.07

27.22%

Gym Membership (Monthly)

$61.2 £46.22

$48.97 €43.70

24.89%

Tennis Court (1 Hour on Weekend)

$21.07 £15.93

$13.71 €12.24

53.68%

Cinema Ticket

$17.95 £13.57

$6.51 €5.81

175.73%

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

$2,865 £2,165

$336 €300

751.93%

International Primary School, 1 Child (Yearly)

$35.3K £26.7K

$7,417 €6,619

376.51%

Jeans (Levis 501 Or Similar)

$116 £87.7

$86.1 €76.8

34.74%

Summer Dress (H&M, Zara, etc)

$54.1 £40.87

$46.19 €41.22

17.08%

Sport Shoes (Adidas, Nike)

$127 £95.7

$98.5 €87.9

28.61%

Men's Leather Business Shoes

$159 £120

$108 €96.2

47.74%

1-bedroom Apartment, City Center (Monthly)

$2,853 £2,156

$640 €571

346.04%

1-bedroom Apartment, Outside City Center (Monthly)

$2,301 £1,739

$485 €433

374.28%

3-bedroom Apartment, City Center (Monthly)

$5,201 £3,931

$1,306 €1,165

298.29%

3-bedroom Apartment, Outside City Center (Monthly)

$3,723 £2,813

$989 €883

276.25%

Buy Apartment in City Center (m2)

$19.0K £14.4K

$3,074 €2,743

518.44%

Buy Apartment Outside City Center (m2)

$7,881 £5,955

$2,329 €2,078

238.36%

Average Monthly Net Salary (After Tax)

$4,818 £3,641

$1,158 €1,033

316.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.65

5.22

-10.92%

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

Last update for London: October 4, 2026

Last update for Podgorica: October 3, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 56.5%

Podgorica

$485 36.4% 78.9% $1.8K

Monthly Utilities & Internet

London

$434 10.7%

Podgorica

$177 13.3% 59.3% $257

Eating Out

London

$397 9.7%

Podgorica

$185 13.9% 53.4% $212

Groceries & Markets

London

$349 8.6%

Podgorica

$229 17.2% 34.4% $120

Getting Around

London

$288 7.1%

Podgorica

$42 3.2% 85.4% $246

Clothing & Footwear

London

$205 5%

Podgorica

$152 11.4% 25.8% $53

Sport & Entertainment

London

$97 2.4%

Podgorica

$62 4.7% 36.1% $35

Cost Breakdown

A central one-bedroom costs $2,853 in London versus $640 in Podgorica. 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 316% 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 $45.00 in Podgorica. Monthly groceries follow the same trend: $349 vs $229 – making Podgorica the more affordable choice for daily food spending.

Good to know

🇬🇧 London

🇲🇪 Podgorica

🕒 Local time

12:56 12:56 PM

13:56 1:56 PM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

150,799 Capital

💱 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 = 0.847 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

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Between locations

London Podgorica 1,770 km ≈ 2 h 45 min nonstop flight

From you

London
Podgorica

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 Podgorica: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,086 in London, $1,315 in Podgorica – roughly 211% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $6,129 per month in London and $1,973 in Podgorica. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 52% more in London, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $108 in London and $45.00 in Podgorica. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Podgorica, where all-in costs run around $1,315, than in London at $4,086. In Podgorica 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 $1,315 in Podgorica 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 Podgorica. 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.