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Cost of living in Montenegro

Capital: PodgoricaSerbian, Hungarian, Bosnian, AlbanianUpdated October 2026
42%of US price level

Is Montenegro expensive?

Prices in Montenegro are about 42% of US price levels (World Bank PPP). The most affordable place we cover is Podgorica, at about $1,460โ€“2,250 a month for a comfortable life.

Cost of living in Montenegro, by place

One person, rent included. SoloSquare estimates in US$.

PlaceMonth, comfortable1-bed rent, centerLocal mealValue
Podgorica$1,460โ€“2,250$450โ€“844$5.6โ€“9.054/100
Ulcinj$1,460โ€“2,250$394โ€“731$5.6โ€“9.052/100
ลฝabljak$1,580โ€“2,360$338โ€“619$5.6โ€“9.042/100
Herceg Novi$1,690โ€“2,590$506โ€“956$5.6โ€“10.139/100
Kotor$1,910โ€“2,930$675โ€“1,240$6.8โ€“11.333/100
Bar$1,910โ€“2,930$394โ€“675$5.6โ€“10.135/100
Budva$1,910โ€“3,040$675โ€“1,350$6.8โ€“11.331/100
Tivat$2,140โ€“3,260$788โ€“1,460$7.9โ€“12.433/100

Cost of living by place

Sources

Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.