Town, Montenegro
Cost of living in Herceg Novi
How much a month costs in Herceg Novi
For one person, including rent. A comfortable month costs about $1,690–2,590 (€1,500–2,300).
Prices in Herceg Novi
Typical 2026 ranges in EUR, rounded. US$ at the 03 Oct 2026 exchange rate.
| Item | EUR | US$ |
|---|---|---|
| Housing | ||
| 1-bedroom apartment, center (month) | €450–850 | $506–956 |
| 1-bedroom apartment, outside center (month) | €350–650 | $394–731 |
| Hostel dorm bed (night) | €15–30 | $17–34 |
| Mid-range hotel room (night) | €60–150 | $68–169 |
| Food and drink | ||
| Local meal or street food | €5–9 | $5.6–10.1 |
| Mid-range restaurant, per person | €15–30 | $17–34 |
| Cappuccino | €2–3 | $2.3–3.4 |
| Local beer, 0.5 l in a bar | €2–4 | $2.3–4.5 |
| Getting around | ||
| Public transport, one ride | €1–2 | $1.1–2.3 |
| Ride-hailing or taxi, about 5 km | €4–8 | $4.5–9.0 |
| Work and life | ||
| Gym membership (month) | €25–45 | $28–51 |
| Mobile data, 20–50 GB (month) | €10–20 | $11–23 |
Value for money: 39/100
A value score of 39/100 means Herceg Novi gives more quality of life per dollar than 38% of the 1,319 places we cover. Quality here scores 66/100. It's the 4th most affordable of 8 places we cover in Montenegro.
| Quality factor | Score |
|---|---|
| Safety | |
| Air quality | |
| Internet | |
| Healthcare | |
| Weather | |
| Friendly locals | |
| English |
Cost of living across Montenegro
One person, comfortable lifestyle, including rent.
Cheaper alternatives to Herceg Novi
Similar safety, lower cost, in Europe.
Quick answers
How much money do you need per month in Herceg Novi?
About $900–1,290 on a lean budget, $1,690–2,590 for a comfortable month and $3,150–5,400 for a luxury one, rent included.
How much is rent in Herceg Novi?
A furnished 1-bedroom apartment costs €450–850 ($506–956) a month in the center and €350–650 ($394–731) outside it.
How much does food cost in Herceg Novi?
A local meal is €5–9 ($5.6–10.1); a mid-range restaurant is €15–30 ($17–34) per person.
Is Montenegro expensive?
Prices in Montenegro are about 42% of US price levels (World Bank PPP).
More about Herceg Novi
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Sources
- ExchangeRate-API open rates
- World Bank: PPP conversion factor
- Tourist Organisation of Herceg Novi
- Airports of Montenegro
Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.