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Cost of Living in Montenegro

25 cities covered · Currency: EUR (€) · Capital: Podgorica

Single person, monthly€529 ($575)
Couple, monthly€942 ($1,024)
Family of four, monthly€1,221 ($1,328)
Average net salary€780 ($848)

Average Prices in Montenegro

ExpenseEstimated costBasis
Meal at an inexpensive restaurant€5.56 ($6.04)per meal
Three-course meal for two, mid-range€22.23 ($24.17)per meal
Cappuccino€1.67 ($1.81)each
Monthly groceries (single person)€126 ($137)per month
Monthly public transport pass€20.38 ($22.15)per month
Basic utilities for an 85m² apartment€53.73 ($58.41)per month
Internet (60 Mbps, unlimited)€15.56 ($16.92)per month
Fitness club membership€15.56 ($16.92)per month
Cinema ticket€4.08 ($4.43)each
One-bedroom apartment in city centre€228 ($247)per month
One-bedroom apartment outside centre€158 ($172)per month
Three-bedroom apartment in city centre€475 ($516)per month

Major Cities in Montenegro

Podgorica

Podgorica · pop. 172,139

Nikšić

Nikšić · pop. 58,212

Herceg Novi

Herceg Novi · pop. 19,536

Pljevlja

Pljevlja · pop. 19,136

Budva

Budva · pop. 17,479

Bijelo Polje

Bijelo Polje · pop. 15,883

Bar

Bar · pop. 15,868

Cetinje

Cetinje · pop. 13,991

Ulcinj

Ulcinj · pop. 11,488

Berane

Berane · pop. 9,532

Rožaje

Rožaje · pop. 9,422

Tivat

Tivat · pop. 9,367

Kolašin

Kolašin · pop. 8,380

Petnjica

Petnjica · pop. 5,482

Danilovgrad

Danilovgrad · pop. 5,156

Tuzi

Tuzi · pop. 4,748

Plav

Plav · pop. 3,717

Žabljak

Žabljak · pop. 3,569

Golubovci

Zeta · pop. 3,110

Mojkovac

Mojkovac · pop. 2,506

Gusinje

Gusinje · pop. 1,673

Plužine

Plužine · pop. 1,102

Andrijevica

Andrijevica · pop. 988

Kotor

Kotor · pop. 961

Cheapest Cities in Montenegro

Herceg NoviPljevljaBudvaBijelo PoljeBarCetinjeUlcinjBeraneRožajeTivatFull ranking →

City Comparisons in Montenegro

Podgorica vs Nikšić

Side-by-side cost of living comparison in Montenegro

Podgorica vs Herceg Novi

Side-by-side cost of living comparison in Montenegro

Nikšić vs Pljevlja

Side-by-side cost of living comparison in Montenegro

Herceg Novi vs Pljevlja

Side-by-side cost of living comparison in Montenegro

Cost of Living by City Size in Montenegro

Living costs in Montenegro vary significantly depending on city size. Large metropolitan areas with populations over one million typically see housing costs 15–30% above the national average, while smaller towns can be 10–20% below it. The national baseline of €529 ($575) per month represents a mid-sized city estimate.

Capital cities and major economic hubs command the highest rents and overall expenses. For budget-conscious residents, mid-sized cities offer a balance of amenities and affordability. Rural and small-town living remains the most economical option, though transport and service access may be limited.

Frequently Asked Questions

What is the average cost of living in Montenegro?
The estimated average monthly cost for a single person in Montenegro is €529 ($575), including rent outside the city centre. A family of four needs roughly €1,221 ($1,328) per month.
Which city has the lowest cost of living in Montenegro?
Herceg Novi ranks among the most affordable cities in Montenegro with a low cost-of-living multiplier.
What is the average salary in Montenegro?
The estimated average net salary in Montenegro is €780 ($848) per month. Actual salaries vary significantly by profession, experience and city.
All figures are planning estimates for Montenegro derived from national baselines. Individual city pages adjust these figures for city size. Methodology.