Cost of Living in Budva

Summary about cost of living in Budva, Montenegro:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 7.75 € 5.00-10.00
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 € 25.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.00 € 4.50-6.00
Domestic Beer (1 pint draught) 2.50 € 2.00-4.00
Imported Beer (12 oz small bottle) 2.50 € 1.50-3.00
Cappuccino (regular) 1.87 € 1.20-3.00
Coke/Pepsi (12 oz small bottle) 2.17 € 2.00-2.50
Water (12 oz small bottle) 1.75 € 1.50-2.00
Markets
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Milk (regular), (1 gallon) 4.10 € 3.03-5.68
Loaf of Fresh White Bread (1 lb) 0.62 € 0.45-1.09
Rice (white), (1 lb) 0.71 € 0.36-0.91
Eggs (regular) (12) 2.30 € 1.62-2.75
Local Cheese (1 lb) 3.51 € 1.49-9.07
Chicken Fillets (1 lb) 2.65 € 1.81-3.13
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.12 € 2.63-5.44
Apples (1 lb) 0.39 € 0.27-0.45
Banana (1 lb) 0.63 € 0.45-0.86
Oranges (1 lb) 0.49 € 0.32-0.68
Tomato (1 lb) 0.60 € 0.22-0.68
Potato (1 lb) 0.31 € 0.18-0.45
Onion (1 lb) 0.29 € 0.18-0.68
Lettuce (1 head) 0.85 € 0.48-1.00
Water (1.5 liter bottle) 0.69 € 0.55-1.00
Bottle of Wine (Mid-Range) 5.00 € 3.50-7.00
Domestic Beer (0.5 liter bottle) 0.78 € 0.60-0.90
Imported Beer (12 oz small bottle) 1.40 € 0.80-1.50
Cigarettes 20 Pack (Marlboro) 4.25 € 3.20-5.00
Transportation
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One-way Ticket (Local Transport) 1.00 € 1.00-2.00
Monthly Pass (Regular Price) 22.50 € 15.00-30.00
Taxi Start (Normal Tariff) 1.00 € 0.50-1.60
Taxi 1 mile (Normal Tariff) 2.01 € 1.61-3.22
Taxi 1hour Waiting (Normal Tariff) 10.00 € 3.00-15.00
Gasoline (1 gallon) 5.62 € 5.30-6.51
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,000.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 16,000.00 €
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 117.56 € 85.00-150.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.35 € 0.05-0.50
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 23.87 € 15.00-28.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 40.83 € 30.00-50.00
Tennis Court Rent (1 Hour on Weekend) 10.00 € 5.00-15.00
Cinema, International Release, 1 Seat 4.75 € 4.00-7.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 290.00 € 250.00-320.00
International Primary School, Yearly for 1 Child 10,000.00 €
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 25.00 € 20.00-35.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 21.67 € 20.00-25.00
1 Pair of Nike Running Shoes (Mid-Range) 110.00 € 100.00-120.00
1 Pair of Men Leather Business Shoes 146.33 € 50.00-200.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 600.00 € 400.00-700.00
Apartment (1 bedroom) Outside of Centre 447.50 € 280.00-600.00
Apartment (3 bedrooms) in City Centre 1,500.00 € 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,122.22 € 600.00-1,350.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 253.16 € 157.93-464.51
Price per Square Feet to Buy Apartment Outside of Centre 199.74 € 148.64-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 666.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.50 5.00-10.00

Prices in Budva

This city had 264 entries in the past 12 months by 37 different contributors.
Last update: January 2023
Sources and References
Distribution of Expenses Using Our Statistical Model:
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