Cost of Living Comparison Between Podgorica and Budva 
| Indices Difference |  |
|---|---|
| Consumer Prices in Budva are 12.2% higher than in Podgorica (without rent) | |
| Consumer Prices Including Rent in Budva are 23.8% higher than in Podgorica | |
| Rent Prices in Budva are 58.9% higher than in Podgorica | |
| Restaurant Prices in Budva are 34.5% higher than in Podgorica | |
| Groceries Prices in Budva are 1.0% higher than in Podgorica | |
| Local Purchasing Power in Budva is 21.3% lower than in Podgorica | |
Restaurants | Podgorica Edit |
Budva Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 7.00 € | 10.00 € | +42.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 33.50 € | 50.00 € | +49.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 6.00 € | 6.00 € | 0.0 % |
| Domestic Beer (1 pint draught) | 2.20 € | 3.00 € | +36.4 % |
| Imported Beer (12 oz small bottle) | 2.90 € | 2.50 € | -13.8 % |
| Cappuccino (regular) | 1.71 € | 2.17 € | +26.3 % |
| Coke/Pepsi (12 oz small bottle) | 1.86 € | 1.93 € | +4.0 % |
| Water (12 oz small bottle) | 1.28 € | 1.42 € | +10.7 % |
Markets | Podgorica Edit |
Budva Edit | |
| Milk (regular), (1 gallon) | 5.17 € | 4.78 € | -7.6 % |
| Loaf of Fresh White Bread (1 lb) | 0.76 € | 0.82 € | +7.7 % |
| Rice (white), (1 lb) | 0.90 € | 0.83 € | -7.1 % |
| Eggs (regular) (12) | 2.76 € | 2.65 € | -4.0 % |
| Local Cheese (1 lb) | 3.17 € | 3.59 € | +13.2 % |
| Chicken Fillets (1 lb) | 3.16 € | 2.83 € | -10.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.44 € | 4.37 € | -1.4 % |
| Apples (1 lb) | 0.51 € | 0.45 € | -10.2 % |
| Banana (1 lb) | 0.75 € | 0.76 € | +0.4 % |
| Oranges (1 lb) | 0.56 € | 0.62 € | +9.7 % |
| Tomato (1 lb) | 1.01 € | 1.11 € | +10.2 % |
| Potato (1 lb) | 0.40 € | 0.44 € | +9.8 % |
| Onion (1 lb) | 0.51 € | 0.58 € | +14.9 % |
| Lettuce (1 head) | 1.04 € | 1.01 € | -2.9 % |
| Water (1.5 liter bottle) | 0.67 € | 0.73 € | +9.1 % |
| Bottle of Wine (Mid-Range) | 5.00 € | 6.00 € | +20.0 % |
| Domestic Beer (0.5 liter bottle) | 0.95 € | 1.00 € | +5.3 % |
| Imported Beer (12 oz small bottle) | 1.39 € | 1.65 € | +18.4 % |
| Cigarettes 20 Pack (Marlboro) | 3.60 € | 3.50 € | -2.8 % |
Transportation | Podgorica Edit |
Budva Edit | |
| One-way Ticket (Local Transport) | 0.90 € | 1.50 € | +66.7 % |
| Monthly Pass (Regular Price) | 30.00 € | 32.50 € | +8.3 % |
| Taxi Start (Normal Tariff) | 0.60 € | 1.00 € | +66.7 % |
| Taxi 1 mile (Normal Tariff) | 0.97 € | 2.41 € | +150.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 10.00 € | 10.00 € | 0.0 % |
| Gasoline (1 gallon) | 5.63 € | 5.75 € | +2.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 25,000.00 € | 27,000.00 € | +8.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 30,666.67 € | 24,000.00 € | -21.7 % |
Utilities (Monthly) | Podgorica Edit |
Budva Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 100.49 € | 129.37 € | +28.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 17.27 € | 16.69 € | -3.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 26.18 € | 26.42 € | +0.9 % |
Sports And Leisure | Podgorica Edit |
Budva Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 35.00 € | 44.25 € | +26.4 % |
| Tennis Court Rent (1 Hour on Weekend) | 15.83 € | 15.50 € | -2.1 % |
| Cinema, International Release, 1 Seat | 5.00 € | 5.75 € | +15.0 % |
Childcare | Podgorica Edit |
Budva Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 197.00 € | 370.00 € | +87.8 % |
| International Primary School, Yearly for 1 Child | 6,375.00 € | 8,700.00 € | +36.5 % |
Clothing And Shoes | Podgorica Edit |
Budva Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 66.88 € | 76.25 € | +14.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 33.50 € | 28.33 € | -15.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 86.90 € | 109.38 € | +25.9 % |
| 1 Pair of Men Leather Business Shoes | 95.00 € | 187.50 € | +97.4 % |
Rent Per Month | Podgorica Edit |
Budva Edit | |
| Apartment (1 bedroom) in City Centre | 526.40 € | 753.57 € | +43.2 % |
| Apartment (1 bedroom) Outside of Centre | 411.36 € | 566.67 € | +37.8 % |
| Apartment (3 bedrooms) in City Centre | 951.36 € | 1,625.00 € | +70.8 % |
| Apartment (3 bedrooms) Outside of Centre | 696.00 € | 1,163.33 € | +67.1 % |
Buy Apartment Price | Podgorica Edit |
Budva Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 184.93 € | 288.93 € | +56.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 141.97 € | 209.03 € | +47.2 % |
Salaries And Financing | Podgorica Edit |
Budva Edit | |
| Average Monthly Net Salary (After Tax) | 791.86 € | 771.75 € | -2.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.12 | 5.27 | -13.9 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 98 | 69 |
Moving to Podgorica? Explore:
Moving to Budva? Explore:
Cities near Podgorica: | Cost of Living in Danilovgrad | 13.65 miles |
| Cost of Living in Niksic | 32.72 miles |
| Cost of Living in Budva | 40.49 miles |
| Cost of Living in Kotor | 53.25 miles |
| Cost of Living in Perast | 62.29 miles |
| Cost of Living in Herceg Novi | 81.72 miles |
Cities near Budva: | Cost of Living in Kotor | 12.88 miles |
| Cost of Living in Perast | 21.92 miles |
| Cost of Living in Podgorica | 40.51 miles |
| Cost of Living in Herceg Novi | 41.34 miles |
| Cost of Living in Danilovgrad | 49.59 miles |
| Cost of Living in Niksic | 68.66 miles |