Capital city, Montenegro
Cost of living in Podgorica
How much a month costs in Podgorica
For one person, including rent. A comfortable month costs about $1,460–2,250 (€1,300–2,000).
Prices in Podgorica
Typical 2026 ranges in EUR, rounded. US$ at the 03 Oct 2026 exchange rate.
| Item | EUR | US$ |
|---|---|---|
| Housing | ||
| 1-bedroom apartment, center (month) | €400–750 | $450–844 |
| 1-bedroom apartment, outside center (month) | €300–500 | $338–563 |
| Hostel dorm bed (night) | €15–25 | $17–28 |
| Mid-range hotel room (night) | €55–110 | $62–124 |
| Food and drink | ||
| Local meal or street food | €5–8 | $5.6–9.0 |
| Mid-range restaurant, per person | €12–25 | $14–28 |
| 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 | $1.1 |
| Ride-hailing or taxi, about 5 km | €4–7 | $4.5–7.9 |
| Work and life | ||
| Gym membership (month) | €25–40 | $28–45 |
| Mobile data, 20–50 GB (month) | €8–15 | $9.0–16.9 |
Value for money: 54/100
A value score of 54/100 means Podgorica gives more quality of life per dollar than 53% of the 1,319 places we cover. Quality here scores 68/100. It's the 1st 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 Podgorica
Similar safety, lower cost, in Europe.
Quick answers
How much money do you need per month in Podgorica?
About $788–1,130 on a lean budget, $1,460–2,250 for a comfortable month and $2,810–4,730 for a luxury one, rent included.
How much is rent in Podgorica?
A furnished 1-bedroom apartment costs €400–750 ($450–844) a month in the center and €300–500 ($338–563) outside it.
How much does food cost in Podgorica?
A local meal is €5–8 ($5.6–9.0); a mid-range restaurant is €12–25 ($14–28) per person.
Is Montenegro expensive?
Prices in Montenegro are about 42% of US price levels (World Bank PPP).
More about Podgorica
Going to Podgorica solo?
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Sources
- ExchangeRate-API open rates
- World Bank: PPP conversion factor
- Airports of Montenegro
- Clinical Center of Montenegro
- Capital City Podgorica
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.