Cost of Living Comparison Between Podgorica and Izmir Cost of Living Comparison Between Podgorica and Izmir

Monthly Cost of Living

Monthly costs for one person with rent: $1,380 in Podgorica versus $1,233 in Izmir.

Estimated couple costs with rent: $2,149 in Podgorica versus $1,935 in Izmir.

Monthly costs for a family of three with rent: $2,917 in Podgorica versus $2,637 in Izmir.

Living in Podgorica is roughly 12% more expensive than in Izmir, driven mainly by Clothing & Footwear.

The two cities straddle the global median: Podgorica is 0% above, Izmir is 10% below.

Meal at Budget Restaurant

$11.47 €9.89

$10.32 ₺498

11.14%

Three-Course Dinner for Two, Mid-Range

$46.41 €40.03

$37.88 ₺1,829

22.52%

Fast Food Meal (McDonalds, etc)

$10.27 €8.86

$8.51 ₺411

20.68%

Cappuccino

$2.31 €1.99

$3.69 ₺178

-37.40%

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

$2.63 €2.26

$1.48 ₺71.3

77.70%

Water (0.33 liter bottle)

$1.44 €1.25

$0.57 ₺27.64

152.63%

Local Beer (0.5 liter draught)

$3.14 €2.71

$3.05 ₺147

2.95%

Imported Beer (0.33 liter bottle)

$3.55 €3.06

$5.24 ₺253

-32.25%

Milk (1 liter)

$1.43 €1.23

$1.09 ₺52.7

31.19%

White Bread (500g)

$1.01 €0.87

$0.97 ₺47.02

4.12%

Rice (white) (1kg)

$2.05 €1.77

$2.28 ₺110

-10.09%

Eggs

$3.53 €3.05

$2.59 ₺125

36.29%

Local Cheese (1kg)

$8.99 €7.75

$9.46 ₺457

-4.97%

Chicken Fillets (1kg)

$8.60 €7.42

$5.27 ₺254

63.19%

Beef Round Steak (1kg)

$12.81 €11.05

$22.47 ₺1,085

-42.99%

Apples (1kg)

$1.69 €1.46

$2.03 ₺98.0

-16.75%

Banana (1kg)

$1.84 €1.59

$2.20 ₺106

-16.36%

Oranges (1kg)

$1.96 €1.69

$1.23 ₺59.6

59.35%

Tomato (1kg)

$2.41 €2.08

$1.40 ₺67.4

72.14%

Potato (1kg)

$0.99 €0.85

$0.54 ₺25.83

83.33%

Onion (1kg)

$1.07 €0.92

$0.39 ₺18.62

174.36%

Lettuce (1 head)

$1.74 €1.50

$1.16 ₺55.8

50.00%

Water (1.5 liter bottle)

$0.80 €0.69

$0.73 ₺35.39

9.59%

Cigarettes 20 Pack (Marlboro, Camel)

$4.49 €3.87

$2.32 ₺112

93.53%

Wine (Bottle)

$5.90 €5.09

$11.69 ₺564

-49.53%

Local Beer (0.5 liter bottle)

$1.07 €0.92

$2.15 ₺104

-50.23%

Imported Beer (0.33 liter bottle)

$1.88 €1.62

$3.16 ₺152

-40.51%

One-way Ticket (Public Transport)

$1.07 €0.92

$0.71 ₺34.07

50.70%

Public Transport Monthly Pass (Regular Price)

$34.82 €30.03

$42.40 ₺2,047

-17.88%

Taxi Start (Normal Tariff)

$0.82 €0.71

$3.63 ₺175

-77.41%

Taxi (Normal Tariff) (1km)

$0.85 €0.73

$1.00 ₺48.45

-15.00%

Taxi 1hour Waiting (Normal Tariff)

$11.51 €9.93

$5.25 ₺254

119.24%

Gasoline (1 liter)

$1.86 €1.60

$1.35 ₺65.2

37.78%

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

$32.3K €27.8K

$42.1K ₺2.0M

-23.30%

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

$28.1K €24.2K

$46.8K ₺2.3M

-40.03%

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

$127 €109

$84.9 ₺4,100

48.96%

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

$20.04 €17.28

$10.79 ₺521

85.73%

Internet (50+ Mbps, Unlimited Data)

$35.01 €30.19

$15.87 ₺766

120.60%

Gym Membership (Monthly)

$46.66 €40.25

$65.9 ₺3,183

-29.23%

Tennis Court (1 Hour on Weekend)

$13.52 €11.66

$35.80 ₺1,728

-62.23%

Cinema Ticket

$6.86 €5.92

$8.14 ₺393

-15.72%

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

$375 €324

$745 ₺36.0K

-49.66%

International Primary School, 1 Child (Yearly)

$7,659 €6,606

$15.2K ₺732.5K

-49.52%

Jeans (Levis 501 Or Similar)

$91.1 €78.5

$48.77 ₺2,354

86.71%

Summer Dress (H&M, Zara, etc)

$48.43 €41.77

$38.60 ₺1,863

25.47%

Sport Shoes (Adidas, Nike)

$99.5 €85.8

$91.1 ₺4,399

9.21%

Men's Leather Business Shoes

$114 €98.5

$83.7 ₺4,040

36.50%

1-bedroom Apartment, City Center (Monthly)

$658 €568

$605 ₺29.2K

8.88%

1-bedroom Apartment, Outside City Center (Monthly)

$523 €451

$428 ₺20.7K

22.01%

3-bedroom Apartment, City Center (Monthly)

$1,379 €1,189

$1,161 ₺56.0K

18.78%

3-bedroom Apartment, Outside City Center (Monthly)

$1,000 €863

$829 ₺40.0K

20.68%

Buy Apartment in City Center (m2)

$3,132 €2,701

$1,493 ₺72.1K

109.70%

Buy Apartment Outside City Center (m2)

$2,342 €2,020

$1,054 ₺50.9K

122.19%

Average Monthly Net Salary (After Tax)

$1,187 €1,024

$1,137 ₺54.9K

4.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.31

42.33

-87.46%

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

Last update for Podgorica: August 29, 2026

Last update for Izmir: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $658 in Podgorica and $605 in Izmir. Housing cost is often the main lever when comparing two cities.

Podgorica pays 4% 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: $46.00 in Podgorica vs $38.00 in Izmir. Groceries flip the comparison at $237 vs $254, with Podgorica cheaper for home cooking.

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

Podgorica vs Izmir: Cost of Living - Frequently Asked Questions

Izmir wins on cost – living expenses run 12% lower than in Podgorica. Housing and daily spending are where you'll feel the difference most, making Izmir the obvious pick if budget is a priority.

Average pay runs 4% higher in Podgorica, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $658 in Podgorica versus $605 in Izmir. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,380 per month in Podgorica versus $1,233 in Izmir – a 12% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Izmir runs roughly 22% less than in Podgorica. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,233 in Izmir versus $1,380 in Podgorica, a $1,000 budget is realistic in Izmir but tight or insufficient in Podgorica. The gap between the two cities makes Izmir the clear choice for anyone on this budget.

Both work as nomad bases, but Izmir delivers better value – similar infrastructure at $1,233 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Izmir hard to pass up.

Safety-wise, Podgorica and Izmir 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 Izmir gentler on the wallet – expenses run 12% less than in Podgorica. Beyond cost, consider language, visa policies, and how big the international community is in each city.