Last update: Oct 2026

Cost of Living Comparison Between Perast and Herceg Novi

For one person, living costs are similar in Perast and in Herceg Novi: $1,258 and $1,257 a month, rent and utilities included.

61

Cost of Living Index in Perast
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Perast Living Index
61

Cost of Living Index in Herceg Novi
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Herceg Novi Living Index

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Perast

🇲🇪 Montenegro

$1,258

/mo nomad

Herceg Novi

🇲🇪 Montenegro

$1,257

/mo nomad

Monthly Cost of Living

How much you'll spend in Perast 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 Perast and in Herceg Novi actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,258 in Perast versus $1,257 in Herceg Novi.

Perast $1,258
Herceg Novi $1,257

Estimated couple costs with rent: $1,957 in Perast versus $1,997 in Herceg Novi.

Perast $1,957
Herceg Novi $1,997

Monthly costs for a family of three with rent: $2,655 in Perast versus $2,737 in Herceg Novi.

Perast $2,655
Herceg Novi $2,737

Monthly costs are close between Perast and Herceg Novi; which city is cheaper depends on the spending category.

Both cities sit below the global median: Perast 7% lower, Herceg Novi 7% lower.

Meal at Budget Restaurant

$11.01 €9.79

$11.23 €9.99

-1.96%

Three-Course Dinner for Two, Mid-Range

$35.56 €31.63

$36.29 €32.28

-2.01%

Fast Food Meal (McDonalds, etc)

$8.91 €7.92

$9.16 €8.15

-2.73%

Cappuccino

$2.20 €1.96

$2.65 €2.36

-16.98%

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

$2.46 €2.19

$2.50 €2.23

-1.60%

Water (0.33 liter bottle)

$1.46 €1.30

$1.63 €1.45

-10.43%

Local Beer (0.5 liter draught)

$2.87 €2.55

$2.84 €2.53

1.06%

Imported Beer (0.33 liter bottle)

$3.38 €3.00

$3.34 €2.97

1.20%

Milk (1 liter)

$1.20 €1.07

White Bread (500g)

$1.01 €0.90

Rice (white) (1kg)

$1.98 €1.76

$2.93 €2.61

-32.42%

Eggs

$3.10 €2.76

$2.98 €2.65

4.03%

Local Cheese (1kg)

$8.73 €7.77

$9.02 €8.02

-3.22%

Chicken Fillets (1kg)

$7.26 €6.46

$7.43 €6.61

-2.29%

Beef Round Steak (1kg)

$12.17 €10.83

$12.99 €11.56

-6.31%

Apples (1kg)

$1.34 €1.19

$1.33 €1.18

0.75%

Banana (1kg)

$1.50 €1.34

$1.57 €1.39

-4.46%

Oranges (1kg)

$1.62 €1.44

$1.63 €1.45

-0.61%

Tomato (1kg)

$2.29 €2.04

$2.96 €2.63

-22.64%

Potato (1kg)

$0.92 €0.82

$0.95 €0.85

-3.16%

Onion (1kg)

$1.02 €0.91

$1.29 €1.15

-20.93%

Lettuce (1 head)

$1.51 €1.34

$1.54 €1.37

-1.95%

Water (1.5 liter bottle)

$0.78 €0.69

$0.95 €0.85

-17.89%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 €3.53

$4.00 €3.56

-1.00%

Wine (Bottle)

$4.38 €3.89

$4.37 €3.89

0.23%

Local Beer (0.5 liter bottle)

$1.07 €0.96

$1.28 €1.14

-16.41%

Imported Beer (0.33 liter bottle)

$1.71 €1.52

$1.74 €1.55

-1.72%

One-way Ticket (Public Transport)

$1.65 €1.47

$1.64 €1.46

0.61%

Public Transport Monthly Pass (Regular Price)

$38.32 €34.09

$44.46 €39.55

-13.81%

Taxi Start (Normal Tariff)

$0.76 €0.68

$2.84 €2.53

-73.24%

Taxi (Normal Tariff) (1km)

$0.75 €0.66

$1.10 €0.97

-31.82%

Taxi 1hour Waiting (Normal Tariff)

$11.25 €10.00

$17.09 €15.20

-34.17%

Gasoline (1 liter)

$1.75 €1.56

$1.72 €1.53

1.74%

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

$31.0K €27.5K

$32.3K €28.8K

-4.19%

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

$21.1K €18.8K

$21.4K €19.0K

-1.39%

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

$128 €114

$136 €121

-5.81%

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

$13.17 €11.72

$13.14 €11.69

0.23%

Internet (50+ Mbps, Unlimited Data)

$31.32 €27.86

$33.88 €30.14

-7.56%

Gym Membership (Monthly)

$45.90 €40.82

$56.6 €50.3

-18.86%

Tennis Court (1 Hour on Weekend)

$14.74 €13.11

$11.39 €10.13

29.41%

Cinema Ticket

$6.46 €5.75

$7.81 €6.94

-17.29%

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

$345 €306

$444 €395

-22.35%

International Primary School, 1 Child (Yearly)

$7,066 €6,285

$7,024 €6,248

0.59%

Jeans (Levis 501 Or Similar)

$85.1 €75.7

$84.3 €75.0

0.94%

Summer Dress (H&M, Zara, etc)

$34.04 €30.28

$33.74 €30.01

0.89%

Sport Shoes (Adidas, Nike)

$72.7 €64.6

$72.7 €64.7

-0.01%

Men's Leather Business Shoes

$95.0 €84.5

$95.8 €85.2

-0.84%

1-bedroom Apartment, City Center (Monthly)

$651 €579

0.01%

1-bedroom Apartment, Outside City Center (Monthly)

$457 €407

$399 €355

14.65%

3-bedroom Apartment, City Center (Monthly)

$1,277 €1,136

$1,257 €1,118

1.65%

3-bedroom Apartment, Outside City Center (Monthly)

$913 €812

$888 €790

2.75%

Buy Apartment in City Center (m2)

$3,319 €2,953

$3,685 €3,278

-9.92%

Buy Apartment Outside City Center (m2)

$2,347 €2,088

$2,421 €2,153

-3.05%

Average Monthly Net Salary (After Tax)

$1,031 €917

20-Year Fixed Mortgage Interest Rate (Annual %)

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

Last update for Perast: 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

Perast

$457 36.3%

Herceg Novi

$399 31.7% 12.8% $58

Groceries & Markets

Perast

$213 16.9%

Herceg Novi

$228 18.1% 7.1% $15

Eating Out

Perast

$178 14.2%

Herceg Novi

$187 14.8% 4.8% $8.6

Monthly Utilities & Internet

Perast

$173 13.7%

Herceg Novi

$183 14.6% 6% $10

Clothing & Footwear

Perast

$129 10.3%

Herceg Novi

$129 10.3% 0.1% $0.1

Sport & Entertainment

Perast

$59 4.7%

Herceg Novi

$72 5.7% 22.7% $13

Getting Around

Perast

$49 3.9%

Herceg Novi

$59 4.7% 20.1% $10

Cost Breakdown

A one-bedroom apartment in the center runs $651 in Perast and $651 in Herceg Novi. Housing cost is often the main lever when comparing two cities.

Dining out: $36.00 in Perast vs $36.00 in Herceg Novi for a mid-range dinner for two. Groceries echo the gap at $213 vs $228 per month, with Perast cheaper across the board.

Good to know

🇲🇪 Perast

🇲🇪 Herceg Novi

🕒 Local time

04:50 4:50 AM

Same time as Perast

🌤 Weather

👥 Population

350

11,059

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Perast Herceg Novi 14 km

From you

Perast
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

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

You'd need roughly $1,887 in Perast and $1,886 in Herceg Novi to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $651 in Perast versus $651 in Herceg Novi. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $345 in Perast versus $444 in Herceg Novi. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Herceg Novi – a meal for two runs $36.00 versus $36.00 in Perast. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,257 in Herceg Novi versus $1,258 in Perast, a $2,000 budget is realistic in Herceg Novi but tight or insufficient in Perast. The gap between the two cities makes Herceg Novi 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, Perast 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.

It comes down to priorities – Herceg Novi wins on affordability, Perast on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.