Cost of Living in Budva

Summary of cost of living in Budva, Montenegro:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 12.00 € 8.00-22.00
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 € 30.00-65.00
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 € 6.00-10.00
Domestic Beer (1 pint draught) 3.00 € 1.50-4.00
Imported Beer (12 oz small bottle) 2.75 € 1.60-4.00
Cappuccino (regular) 2.26 € 1.50-3.00
Coke/Pepsi (12 oz small bottle) 2.00 € 1.50-3.00
Water (12 oz small bottle) 1.40 € 1.00-2.50
Markets
Edit
Milk (regular), (1 gallon) 5.12 € 3.79-6.44
Loaf of Fresh White Bread (1 lb) 0.91 € 0.54-1.45
Rice (white), (1 lb) 0.98 € 0.49-1.36
Eggs (regular) (12) 2.73 € 2.36-3.60
Local Cheese (1 lb) 3.55 € 2.72-8.16
Chicken Fillets (1 lb) 2.90 € 2.09-3.18
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.50 € 3.63-5.44
Apples (1 lb) 0.52 € 0.27-0.77
Banana (1 lb) 0.80 € 0.57-0.91
Oranges (1 lb) 0.61 € 0.31-0.86
Tomato (1 lb) 1.20 € 0.68-1.36
Potato (1 lb) 0.48 € 0.34-0.59
Onion (1 lb) 0.61 € 0.36-0.81
Lettuce (1 head) 1.18 € 1.00-1.53
Water (1.5 liter bottle) 0.77 € 0.55-1.40
Bottle of Wine (Mid-Range) 7.00 € 3.00-10.00
Domestic Beer (0.5 liter bottle) 1.05 € 0.69-1.30
Imported Beer (12 oz small bottle) 1.70 € 1.00-2.00
Cigarettes 20 Pack (Marlboro) 3.65 € 3.20-4.00
Transportation
Edit
One-way Ticket (Local Transport) 2.00 € 1.50-2.50
Monthly Pass (Regular Price) 30.00 € 30.00-35.00
Taxi Start (Normal Tariff) 1.00 € 1.00-1.50
Taxi 1 mile (Normal Tariff) 2.41 € 1.61-3.22
Taxi 1hour Waiting (Normal Tariff) 12.50 € 10.00-15.00
Gasoline (1 gallon) 5.69 € 5.41-6.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 26,000.00 € 25,000.00-27,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,000.00 € 22,000.00-24,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 130.89 € 92.20-180.62
Mobile Phone Monthly Plan with Calls and 10GB+ Data 16.60 € 10.00-21.99
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.61 € 20.00-30.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 46.75 € 30.00-59.00
Tennis Court Rent (1 Hour on Weekend) 20.33 € 11.00-30.00
Cinema, International Release, 1 Seat 5.25 € 4.00-6.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 370.00 € 350.00-750.00
International Primary School, Yearly for 1 Child 8,700.00 € 7,000.00-15,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 92.50 € 35.00-120.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.33 € 25.00-40.00
1 Pair of Nike Running Shoes (Mid-Range) 105.62 € 80.00-130.00
1 Pair of Men Leather Business Shoes 187.50 € 150.00-200.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 786.25 € 650.00-1,100.00
Apartment (1 bedroom) Outside of Centre 585.71 € 500.00-800.00
Apartment (3 bedrooms) in City Centre 1,675.00 € 1,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,230.00 € 900.00-1,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 288.93 € 232.26-464.51
Price per Square Feet to Buy Apartment Outside of Centre 209.03 € 185.80-371.61
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 759.25 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.93 5.20-6.99

Prices in Budva

This city had 571 entries in the past 12 months by 74 different contributors.
Last update: July 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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