Cost of Living in Budva

Summary of cost of living in Budva, Montenegro:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 13.00 € 10.00-22.00
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 € 40.00-69.00
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 6.00-10.00
Domestic Beer (1 pint draught) 3.00 € 1.50-4.00
Imported Beer (12 oz small bottle) 2.75 € 1.60-4.00
Cappuccino (regular) 2.32 € 1.50-4.00
Coke/Pepsi (12 oz small bottle) 1.80 € 1.00-3.00
Water (12 oz small bottle) 1.26 € 0.80-2.50
Markets
Edit
Milk (regular), (1 gallon) 4.79 € 3.75-6.81
Loaf of Fresh White Bread (1 lb) 0.90 € 0.72-1.45
Rice (white), (1 lb) 0.95 € 0.49-1.36
Eggs (regular) (12) 2.77 € 2.36-3.60
Local Cheese (1 lb) 3.30 € 1.81-4.54
Chicken Fillets (1 lb) 3.11 € 2.27-4.54
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.61 € 3.63-5.90
Apples (1 lb) 0.49 € 0.27-0.77
Banana (1 lb) 0.77 € 0.57-0.91
Oranges (1 lb) 0.61 € 0.31-0.86
Tomato (1 lb) 1.23 € 0.77-1.36
Potato (1 lb) 0.46 € 0.32-0.59
Onion (1 lb) 0.60 € 0.27-0.68
Lettuce (1 head) 1.51 € 1.00-2.00
Water (1.5 liter bottle) 0.89 € 0.55-2.00
Bottle of Wine (Mid-Range) 6.00 € 3.00-10.00
Domestic Beer (0.5 liter bottle) 1.10 € 0.80-1.30
Imported Beer (12 oz small bottle) 1.53 € 1.00-2.70
Cigarettes 20 Pack (Marlboro) 3.80 € 3.50-4.00
Transportation
Edit
One-way Ticket (Local Transport) 2.00 € 1.50-2.50
Monthly Pass (Regular Price) 35.00 € 30.00-40.00
Taxi Start (Normal Tariff) 1.00 € 1.00-1.50
Taxi 1 mile (Normal Tariff) 1.61 € 1.61-2.41
Taxi 1hour Waiting (Normal Tariff) 15.00 € 15.00-15.00
Gasoline (1 gallon) 5.74 € 5.41-6.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 26,000.00 € 25,000.00-27,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,000.00 € 22,000.00-24,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 133.49 € 92.20-188.89
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.94 € 10.00-21.99
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 28.08 € 25.00-35.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 49.86 € 40.00-60.00
Tennis Court Rent (1 Hour on Weekend) 20.67 € 12.00-20.00
Cinema, International Release, 1 Seat 5.00 € 4.00-6.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 358.33 € 300.00-400.00
International Primary School, Yearly for 1 Child 8,700.00 € 7,000.00-15,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 100.00 € 70.00-120.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.67 € 25.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 102.14 € 70.00-130.00
1 Pair of Men Leather Business Shoes 175.00 € 100.00-200.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 780.88 € 700.00-1,100.00
Apartment (1 bedroom) Outside of Centre 579.41 € 500.00-800.00
Apartment (3 bedrooms) in City Centre 1,592.31 € 1,300.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,195.83 € 900.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 268.26 € 232.26-464.51
Price per Square Feet to Buy Apartment Outside of Centre 243.87 € 185.80-371.61
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 750.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.93 5.10-6.99

Prices in Budva

This city had 290 entries in the past 12 months by 28 different contributors.
Last update: February 2025
Sources and References
Distribution of Expenses Using Our Statistical Model:
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