Last update: Oct 2026

Cost of Living Comparison Between Tivat and Budva

For one person, living costs are similar in Tivat and in Budva: $1,651 and $1,609 a month, rent and utilities included.

80

Cost of Living Index in Tivat
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Tivat Living Index
78

Cost of Living Index in Budva
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Budva Living Index

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Tivat

🇲🇪 Montenegro

$1,651

/mo nomad

Budva

🇲🇪 Montenegro

$1,609

/mo nomad

Monthly Cost of Living

How much you'll spend in Tivat 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 Tivat and in Budva actually costs, broken down by who's living it.

A single person spends $1,651 per month in Tivat vs $1,609 in Budva, rent included.

Tivat $1,651
Budva $1,609

A couple spends around $2,494 per month in Tivat vs $2,537 in Budva, rent included.

Tivat $2,494
Budva $2,537

A family of three spends $3,338 per month in Tivat vs $3,464 in Budva, rent included.

Tivat $3,338
Budva $3,464

Tivat costs about 3% more than Budva, and outside of rent the biggest gap is in eating out.

Both Tivat and Budva sit above the global median – Tivat by 22%, Budva by 19%.

Meal at Budget Restaurant

$11.18 €9.95

$14.51 €12.91

-22.95%

Three-Course Dinner for Two, Mid-Range

$45.70 €40.65

$67.6 €60.1

-32.41%

Fast Food Meal (McDonalds, etc)

$10.86 €9.66

$13.31 €11.84

-18.41%

Cappuccino

$2.21 €1.97

$3.56 €3.16

-37.92%

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

$2.58 €2.30

$2.21 €1.97

16.74%

Water (0.33 liter bottle)

$1.40 €1.25

$1.48 €1.32

-5.41%

Local Beer (0.5 liter draught)

$3.17 €2.82

$4.72 €4.20

-32.84%

Imported Beer (0.33 liter bottle)

$3.31 €2.94

$4.30 €3.82

-23.02%

Milk (1 liter)

$1.29 €1.14

$1.27 €1.13

1.57%

White Bread (500g)

$1.09 €0.97

$1.07 €0.95

1.87%

Rice (white) (1kg)

$1.94 €1.72

$2.26 €2.01

-14.16%

Eggs

$3.36 €2.99

$3.07 €2.73

9.45%

Local Cheese (1kg)

$8.92 €7.93

$8.43 €7.50

5.81%

Chicken Fillets (1kg)

$8.07 €7.18

$9.14 €8.13

-11.71%

Beef Round Steak (1kg)

$12.30 €10.94

$12.18 €10.83

0.99%

Apples (1kg)

$1.62 €1.44

$1.29 €1.14

25.58%

Banana (1kg)

$1.68 €1.50

$1.68 €1.49

Oranges (1kg)

$1.73 €1.54

$1.54 €1.37

12.34%

Tomato (1kg)

$2.88 €2.56

$2.92 €2.59

-1.37%

Potato (1kg)

$0.92 €0.82

$0.91 €0.81

1.10%

Onion (1kg)

$1.12 €1.00

$1.08 €0.96

3.70%

Lettuce (1 head)

$1.67 €1.48

Water (1.5 liter bottle)

$0.89 €0.79

$0.89 €0.80

Cigarettes 20 Pack (Marlboro, Camel)

$4.34 €3.86

$4.28 €3.81

1.40%

Wine (Bottle)

$5.56 €4.94

$7.71 €6.86

-27.89%

Local Beer (0.5 liter bottle)

$1.09 €0.97

$1.08 €0.96

0.93%

Imported Beer (0.33 liter bottle)

$1.68 €1.49

$1.68 €1.50

One-way Ticket (Public Transport)

$1.71 €1.52

$2.84 €2.52

-39.79%

Public Transport Monthly Pass (Regular Price)

$39.50 €35.14

$39.52 €35.15

-0.05%

Taxi Start (Normal Tariff)

$1.14 €1.01

$1.10 €0.98

3.64%

Taxi (Normal Tariff) (1km)

$1.15 €1.02

$1.14 €1.01

0.88%

Taxi 1hour Waiting (Normal Tariff)

$11.35 €10.10

$17.01 €15.13

-33.27%

Gasoline (1 liter)

$1.79 €1.60

$1.72 €1.53

4.07%

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

$27.8K €24.7K

$29.1K €25.9K

-4.65%

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

$25.6K €22.8K

$25.9K €23.1K

-1.26%

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

$127 €113

$158 €141

-19.44%

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

$15.03 €13.37

$14.71 €13.08

2.18%

Internet (50+ Mbps, Unlimited Data)

$33.55 €29.84

$33.77 €30.04

-0.65%

Gym Membership (Monthly)

$46.87 €41.69

$59.3 €52.7

-20.91%

Tennis Court (1 Hour on Weekend)

$15.38 €13.68

$21.33 €18.98

-27.89%

Cinema Ticket

$6.00 €5.33

$6.05 €5.38

-0.83%

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

$407 €362

$400 €356

1.72%

International Primary School, 1 Child (Yearly)

$7,455 €6,632

$9,649 €8,582

-22.73%

Jeans (Levis 501 Or Similar)

$87.0 €77.4

$104 €92.7

-16.47%

Summer Dress (H&M, Zara, etc)

$39.46 €35.10

$45.25 €40.25

-12.80%

Sport Shoes (Adidas, Nike)

$97.8 €87.0

$97.3 €86.6

0.46%

Men's Leather Business Shoes

$104 €92.4

$182 €162

-42.96%

1-bedroom Apartment, City Center (Monthly)

$884 €786

$848 €754

4.23%

1-bedroom Apartment, Outside City Center (Monthly)

$797 €709

$599 €533

33.13%

3-bedroom Apartment, City Center (Monthly)

$1,996 €1,775

$1,505 €1,339

32.61%

3-bedroom Apartment, Outside City Center (Monthly)

$1,433 €1,275

$1,151 €1,023

24.56%

Buy Apartment in City Center (m2)

$5,841 €5,196

$4,107 €3,653

42.24%

Buy Apartment Outside City Center (m2)

$2,688 €2,391

$2,958 €2,631

-9.14%

Average Monthly Net Salary (After Tax)

$1,214 €1,080

$1,006 €895

20.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.38

5.95

-9.58%

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

Last update for Tivat: October 19, 2026

Last update for Budva: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Tivat

$797 48.3%

Budva

$599 37.2% 24.9% $198

Groceries & Markets

Tivat

$231 14%

Budva

$236 14.7% 2.3% $5.3

Eating Out

Tivat

$187 11.3%

Budva

$246 15.3% 31.4% $59

Monthly Utilities & Internet

Tivat

$176 10.7%

Budva

$207 12.8% 17.4% $31

Clothing & Footwear

Tivat

$148 9%

Budva

$193 12% 30.7% $45

Sport & Entertainment

Tivat

$59 3.6%

Budva

$71 4.4% 21.2% $13

Getting Around

Tivat

$53 3.2%

Budva

$58 3.6% 8.3% $4.4

Cost Breakdown

A central one-bedroom costs $884 in Tivat versus $848 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 21% higher in Tivat, 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 $46.00 in Tivat versus $68.0 in Budva. Monthly groceries follow the same trend: $231 vs $236 – making Tivat the more affordable choice for daily food spending.

Good to know

🇲🇪 Tivat

🇲🇪 Budva

🕒 Local time

12:16 12:16 PM

Same time as Tivat

🌤 Weather

👥 Population

9,500

13,338

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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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

Tivat vs Budva: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,651 in Tivat, $1,609 in Budva – roughly 3% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,476 per month in Tivat and $2,414 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 $1,651 in Tivat and $1,609 in Budva. That's a gap of about 3%.

Public transport costs about 0% 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 $1,609, than in Tivat at $1,651. In Budva it covers expenses comfortably, while in Tivat it requires careful planning or may not stretch far enough.

It depends on your priorities. Tivat has an edge in some lifestyle areas, with costs from $1,609 in Budva to $1,651 in Tivat. 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, Tivat makes more sense. Both are solid long-term options with distinct trade-offs.