Herceg Novi, Herceg Novi, Montenegro · Population 19,536
▼ -16% vs Montenegro average
| Expense | Estimated cost | Basis |
|---|---|---|
| Meal at an inexpensive restaurant | €4.72 ($5.13) | per meal |
| Three-course meal for two, mid-range | €18.88 ($20.52) | per meal |
| Cappuccino | €1.42 ($1.54) | each |
| Monthly groceries (single person) | €107 ($116) | per month |
| Monthly public transport pass | €17.31 ($18.81) | per month |
| Basic utilities for an 85m² apartment | €45.62 ($49.59) | per month |
| Internet (60 Mbps, unlimited) | €13.21 ($14.36) | per month |
| Fitness club membership | €13.21 ($14.36) | per month |
| Cinema ticket | €3.46 ($3.76) | each |
| One-bedroom apartment in city centre | €185 ($202) | per month |
| One-bedroom apartment outside centre | €129 ($140) | per month |
| Three-bedroom apartment in city centre | €387 ($421) | per month |
The estimated average net salary in Herceg Novi is €662 ($720) per month. To live comfortably — covering the full single-person budget of €444 ($482) with about 30% left over for savings — you would need a net income of roughly €577 ($627) per month.
Housing takes the largest share: rent for a one-bedroom outside the centre (€129 ($140)) represents about 29% of the total single-person budget.
14 km away · Tivat
19 km away · Kotor
31 km away · Budva
33 km away · Cetinje
48 km away · Danilovgrad
49 km away · Nikšić
58 km away · Zeta
60 km away · Podgorica
Herceg Novi is one of the key cities in Montenegro. The estimated monthly cost of living for a single person is €444 ($482), placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around €129 ($140) per month.
For families, the estimated budget rises to €1,021 ($1,110) per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately €789 ($857) monthly.
The average estimated net salary in Herceg Novi is €662 ($720). To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least €577 ($627) per month.