Cost of Living in Budva

Summary of cost of living in Budva, Montenegro:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 10.00 € 6.80-15.00
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 € 30.00-65.00
McMeal at McDonalds (or Equivalent Combo Meal) 6.00 € 5.00-9.00
Domestic Beer (1 pint draught) 3.00 € 1.50-4.00
Imported Beer (12 oz small bottle) 2.50 € 1.50-4.00
Cappuccino (regular) 2.11 € 1.50-3.00
Coke/Pepsi (12 oz small bottle) 2.06 € 1.50-3.00
Water (12 oz small bottle) 1.42 € 1.00-2.00
Markets
Edit
Milk (regular), (1 gallon) 4.75 € 3.37-6.06
Loaf of Fresh White Bread (1 lb) 0.84 € 0.54-1.45
Rice (white), (1 lb) 0.88 € 0.49-1.13
Eggs (regular) (12) 2.62 € 1.80-3.00
Local Cheese (1 lb) 3.55 € 1.81-8.16
Chicken Fillets (1 lb) 2.82 € 2.09-3.18
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.37 € 3.63-5.44
Apples (1 lb) 0.45 € 0.27-0.86
Banana (1 lb) 0.76 € 0.59-0.91
Oranges (1 lb) 0.61 € 0.31-0.86
Tomato (1 lb) 1.11 € 0.54-1.36
Potato (1 lb) 0.43 € 0.32-0.59
Onion (1 lb) 0.58 € 0.41-0.68
Lettuce (1 head) 1.01 € 0.48-1.53
Water (1.5 liter bottle) 0.70 € 0.55-1.40
Bottle of Wine (Mid-Range) 6.00 € 3.50-10.00
Domestic Beer (0.5 liter bottle) 1.00 € 0.69-1.30
Imported Beer (12 oz small bottle) 1.53 € 1.10-1.60
Cigarettes 20 Pack (Marlboro) 3.65 € 3.50-5.00
Transportation
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One-way Ticket (Local Transport) 1.50 € 1.00-2.00
Monthly Pass (Regular Price) 32.50 € 30.00-35.00
Taxi Start (Normal Tariff) 1.00 € 1.00-1.00
Taxi 1 mile (Normal Tariff) 2.41 € 1.61-3.22
Taxi 1hour Waiting (Normal Tariff) 10.00 €
Gasoline (1 gallon) 5.75 € 5.41-6.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,000.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,000.00 €
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 126.27 € 92.20-170.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.25 € 7.00-21.99
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 25.83 € 20.00-30.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 43.12 € 30.00-59.00
Tennis Court Rent (1 Hour on Weekend) 15.50 € 11.00-20.00
Cinema, International Release, 1 Seat 5.75 € 4.00-6.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 362.50 € 350.00-750.00
International Primary School, Yearly for 1 Child 8,700.00 € 7,000.00-10,200.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 76.25 € 20.00-120.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.33 € 20.00-35.00
1 Pair of Nike Running Shoes (Mid-Range) 109.38 € 90.00-130.00
1 Pair of Men Leather Business Shoes 187.50 € 150.00-200.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 756.25 € 600.00-1,100.00
Apartment (1 bedroom) Outside of Centre 566.67 € 500.00-750.00
Apartment (3 bedrooms) in City Centre 1,633.33 € 1,500.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,189.29 € 900.00-1,500.00
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 € 185.80-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 753.12 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.30 5.00-5.60

Prices in Budva

This city had 465 entries in the past 12 months by 66 different contributors.
Last update: February 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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