Last update: Oct 2026

Cost of Living Comparison Between Niksic and Herceg Novi

For one person, living is cheaper in Niksic: $986 a month against $1,257 in Herceg Novi, rent and utilities included – about $3,300 less a year. Rent and utilities account for about half of the difference.

47

Cost of Living Index in Niksic
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Niksic Living Index
61

Cost of Living Index in Herceg Novi
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Herceg Novi Living Index

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Niksic

🇲🇪 Montenegro

$986

/mo nomad

Herceg Novi

🇲🇪 Montenegro

$1,257

/mo nomad

Monthly Cost of Living

How much you'll spend in Niksic and in Herceg Novi

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

Monthly costs for one person with rent: $986 in Niksic versus $1,234 in Herceg Novi.

Niksic $986
Herceg Novi $1,234

Estimated couple costs with rent: $1,468 in Niksic versus $1,969 in Herceg Novi.

Niksic $1,468
Herceg Novi $1,969

Monthly costs for a family of three with rent: $1,950 in Niksic versus $2,705 in Herceg Novi.

Niksic $1,950
Herceg Novi $2,705

Living in Niksic costs roughly 20% less than in Herceg Novi, and outside of rent the biggest gap is in eating out.

Both cities sit below the global median: Niksic 27% lower, Herceg Novi 9% lower.

Meal at Budget Restaurant

$7.94 €7.07

$11.23 €9.99

-29.30%

Three-Course Dinner for Two, Mid-Range

$30.49 €27.12

$36.29 €32.28

-15.98%

Fast Food Meal (McDonalds, etc)

$5.76 €5.12

$9.16 €8.15

-37.12%

Cappuccino

$1.70 €1.51

$2.65 €2.36

-35.85%

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

$1.85 €1.65

$2.50 €2.23

-26.00%

Water (0.33 liter bottle)

$1.14 €1.02

$1.63 €1.45

-30.06%

Local Beer (0.5 liter draught)

$2.01 €1.79

$2.84 €2.53

-29.23%

Imported Beer (0.33 liter bottle)

$2.17 €1.93

$3.34 €2.97

-35.03%

Milk (1 liter)

$1.09 €0.97

$1.20 €1.07

-9.17%

White Bread (500g)

$0.88 €0.78

$1.01 €0.90

-12.87%

Rice (white) (1kg)

$1.90 €1.69

$2.93 €2.61

-35.15%

Eggs

$3.18 €2.83

$2.98 €2.65

6.71%

Local Cheese (1kg)

$7.59 €6.75

$9.02 €8.02

-15.85%

Chicken Fillets (1kg)

$5.96 €5.30

$7.43 €6.61

-19.78%

Beef Round Steak (1kg)

$10.85 €9.65

$12.99 €11.56

-16.47%

Apples (1kg)

$1.09 €0.97

$1.33 €1.18

-18.05%

Banana (1kg)

$1.26 €1.12

$1.57 €1.39

-19.75%

Oranges (1kg)

$1.29 €1.15

$1.63 €1.45

-20.86%

Tomato (1kg)

$2.12 €1.88

$2.96 €2.63

-28.38%

Potato (1kg)

$0.91 €0.81

$0.95 €0.85

-4.21%

Onion (1kg)

$1.06 €0.95

$1.29 €1.15

-17.83%

Lettuce (1 head)

$1.04 €0.93

$1.54 €1.37

-32.47%

Water (1.5 liter bottle)

$0.84 €0.74

$0.95 €0.85

-11.58%

Cigarettes 20 Pack (Marlboro, Camel)

$4.22 €3.76

$4.00 €3.56

5.50%

Wine (Bottle)

$5.13 €4.56

$4.37 €3.89

17.39%

Local Beer (0.5 liter bottle)

$0.90 €0.80

$1.28 €1.14

-29.69%

Imported Beer (0.33 liter bottle)

$1.11 €0.99

$1.74 €1.55

-36.21%

One-way Ticket (Public Transport)

$1.09 €0.97

$1.64 €1.46

-33.54%

Public Transport Monthly Pass (Regular Price)

$33.41 €29.72

$44.46 €39.55

-24.85%

Taxi Start (Normal Tariff)

$0.58 €0.51

$2.84 €2.53

-79.58%

Taxi (Normal Tariff) (1km)

$0.54 €0.48

$1.10 €0.97

-50.91%

Taxi 1hour Waiting (Normal Tariff)

$7.21 €6.41

$17.09 €15.20

-57.81%

Gasoline (1 liter)

$1.77 €1.57

$1.72 €1.53

2.91%

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

$21.5K €19.1K

$32.3K €28.8K

-33.57%

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

$25.7K €22.8K

$21.4K €19.0K

20.09%

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

$123 €109

$136 €121

-9.72%

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

$23.36 €20.78

$13.14 €11.69

77.78%

Internet (50+ Mbps, Unlimited Data)

$23.80 €21.17

$33.88 €30.14

-29.75%

Gym Membership (Monthly)

$33.17 €29.51

$56.6 €50.3

-41.36%

Tennis Court (1 Hour on Weekend)

$10.53 €9.37

$11.39 €10.13

-7.55%

Cinema Ticket

$5.64 €5.02

$7.81 €6.94

-27.78%

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

$81.9 €72.9

$444 €395

-81.54%

International Primary School, 1 Child (Yearly)

$4,517 €4,018

$7,024 €6,248

-35.69%

Jeans (Levis 501 Or Similar)

$82.3 €73.2

$84.3 €75.0

-2.39%

Summer Dress (H&M, Zara, etc)

$31.53 €28.05

$33.74 €30.01

-6.55%

Sport Shoes (Adidas, Nike)

$89.4 €79.5

$72.7 €64.7

22.96%

Men's Leather Business Shoes

$112 €99.5

$95.8 €85.2

16.74%

1-bedroom Apartment, City Center (Monthly)

$412 €366

$651 €579

-36.77%

1-bedroom Apartment, Outside City Center (Monthly)

$271 €241

$399 €355

-31.92%

3-bedroom Apartment, City Center (Monthly)

$600 €534

$1,257 €1,118

-52.27%

3-bedroom Apartment, Outside City Center (Monthly)

$403 €359

$888 €790

-54.59%

Buy Apartment in City Center (m2)

$1,667 €1,483

$3,685 €3,278

-54.76%

Buy Apartment Outside City Center (m2)

$1,215 €1,081

$2,421 €2,153

-49.82%

Average Monthly Net Salary (After Tax)

$806 €717

$1,031 €917

-21.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.5

10.00%

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

Last update for Niksic: October 18, 2026

Last update for Herceg Novi: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Niksic

$271 27.5%

Herceg Novi

$399 31.7% 46.9% $127

Groceries & Markets

Niksic

$190 19.3%

Herceg Novi

$228 18.1% 20.1% $38

Monthly Utilities & Internet

Niksic

$170 17.3%

Herceg Novi

$183 14.6% 7.7% $13

Clothing & Footwear

Niksic

$142 14.4%

Herceg Novi

$129 10.3% 9.1% $13

Eating Out

Niksic

$128 12.9%

Herceg Novi

$187 14.8% 46.3% $59

Sport & Entertainment

Niksic

$44 4.5%

Herceg Novi

$72 5.7% 62.4% $28

Getting Around

Niksic

$41 4.2%

Herceg Novi

$59 4.7% 44.5% $18

Cost Breakdown

A one-bedroom apartment in the center runs $412 in Niksic and $661 in Herceg Novi. Housing cost is often the main lever when comparing two cities.

Herceg Novi pays 31% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $30.00 in Niksic vs $37.00 in Herceg Novi for a mid-range dinner for two. Groceries echo the gap at $190 vs $226 per month, with Niksic cheaper across the board.

Good to know

🇲🇪 Niksic

🇲🇪 Herceg Novi

🕒 Local time

12:00 12:00 PM

Same time as Niksic

🌤 Weather

👥 Population

56,970

11,059

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Niksic Herceg Novi 49 km

From you

Niksic
Herceg Novi

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

Niksic vs Herceg Novi: Cost of Living - Frequently Asked Questions

Niksic and Herceg Novi differ by about 25% in total monthly costs ($986 vs $1,234 including rent). Niksic is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 31% lower in Herceg Novi. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $412 in Niksic versus $661 in Herceg Novi. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 19% higher in Herceg Novi. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Niksic – a meal for two runs $30.00 versus $37.00 in Herceg Novi. If you eat out regularly, this makes a real dent in your monthly spending.

At $986 in Niksic versus $1,234 in Herceg Novi, a $2,000 budget is realistic in Niksic but tight or insufficient in Herceg Novi. The gap between the two cities makes Niksic the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Niksic and Herceg Novi are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Niksic gentler on the wallet – expenses run 25% less than in Herceg Novi. Beyond cost, consider language, visa policies, and how big the international community is in each city.