Cost of Living in Budva

Summary of cost of living in Budva, Montenegro:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 9.00 € 5.00-12.00
Meal for 2 People, Mid-range Restaurant, Three-course 42.50 € 30.00-80.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.00 € 5.00-8.00
Domestic Beer (1 pint draught) 2.60 € 1.50-4.00
Imported Beer (12 oz small bottle) 2.35 € 1.50-3.00
Cappuccino (regular) 1.88 € 1.50-2.50
Coke/Pepsi (12 oz small bottle) 2.07 € 1.57-2.50
Water (12 oz small bottle) 1.75 € 1.50-2.00
Markets
Edit
Milk (regular), (1 gallon) 4.46 € 3.03-5.68
Loaf of Fresh White Bread (1 lb) 0.70 € 0.54-1.81
Rice (white), (1 lb) 0.67 € 0.36-1.13
Eggs (regular) (12) 2.55 € 1.68-3.00
Local Cheese (1 lb) 3.50 € 1.49-8.16
Chicken Fillets (1 lb) 2.67 € 1.81-3.13
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.11 € 2.63-5.44
Apples (1 lb) 0.42 € 0.27-0.86
Banana (1 lb) 0.74 € 0.45-0.91
Oranges (1 lb) 0.45 € 0.31-0.68
Tomato (1 lb) 1.01 € 0.36-1.36
Potato (1 lb) 0.38 € 0.18-0.59
Onion (1 lb) 0.44 € 0.18-0.68
Lettuce (1 head) 0.85 € 0.48-1.53
Water (1.5 liter bottle) 0.63 € 0.50-1.00
Bottle of Wine (Mid-Range) 5.00 € 3.50-10.00
Domestic Beer (0.5 liter bottle) 0.80 € 0.60-0.90
Imported Beer (12 oz small bottle) 1.42 € 0.80-1.60
Cigarettes 20 Pack (Marlboro) 3.50 € 3.50-5.00
Transportation
Edit
One-way Ticket (Local Transport) 1.00 € 1.00-2.50
Monthly Pass (Regular Price) 30.00 € 15.00-35.00
Taxi Start (Normal Tariff) 1.00 € 0.50-1.60
Taxi 1 mile (Normal Tariff) 1.61 € 1.61-3.22
Taxi 1hour Waiting (Normal Tariff) 10.00 € 3.00-15.00
Gasoline (1 gallon) 5.69 € 5.34-6.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,500.00 € 16,000.00-27,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,000.00 € 16,000.00-24,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 121.93 € 90.25-150.00
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) 24.78 € 15.00-30.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 39.44 € 30.00-50.00
Tennis Court Rent (1 Hour on Weekend) 13.33 € 5.00-20.00
Cinema, International Release, 1 Seat 4.75 € 4.00-6.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 442.50 € 300.00-750.00
International Primary School, Yearly for 1 Child 10,100.00 € 10,000.00-10,200.00
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) 105.00 € 95.00-120.00
1 Pair of Men Leather Business Shoes 183.33 € 89.00-200.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 673.33 € 600.00-800.00
Apartment (1 bedroom) Outside of Centre 525.00 € 450.00-650.00
Apartment (3 bedrooms) in City Centre 1,546.67 € 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,160.71 € 800.00-1,500.00
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 192.77 € 148.64-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 697.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.87 5.00-10.00

Prices in Budva

This city had 452 entries in the past 12 months by 61 different contributors.
Last update: May 2023
Sources and References
Distribution of Expenses Using Our Statistical Model:
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