Cost of Living in Budva

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Summary of cost of living in Budva, Montenegro:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 14.71 $ 7.92-28.29
Meal for 2 People, Mid-range Restaurant, Three-course 59.42 $ 50.93-78.09
McMeal at McDonalds (or Equivalent Combo Meal) 11.32 $ 6.79-13.58
Domestic Beer (1 pint draught) 3.40 $ 3.40-4.53
Imported Beer (12 oz small bottle) 3.40 $ 1.81-4.53
Cappuccino (regular) 2.89 $ 1.81-4.53
Coke/Pepsi (12 oz small bottle) 2.17 $ 1.13-3.40
Water (12 oz small bottle) 1.43 $ 0.91-2.83
Markets
Edit
Milk (regular), (1 gallon) 5.10 $ 4.24-7.28
Loaf of Fresh White Bread (1 lb) 0.98 $ 0.64-1.64
Rice (white), (1 lb) 1.06 $ 0.56-1.53
Eggs (regular) (12) 3.10 $ 2.72-3.49
Local Cheese (1 lb) 3.98 $ 3.08-4.62
Chicken Fillets (1 lb) 3.67 $ 1.53-5.65
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.23 $ 4.36-6.67
Apples (1 lb) 0.62 $ 0.51-0.87
Banana (1 lb) 0.80 $ 0.64-1.16
Oranges (1 lb) 0.73 $ 0.51-0.97
Tomato (1 lb) 1.30 $ 0.87-1.54
Potato (1 lb) 0.53 $ 0.36-0.66
Onion (1 lb) 0.67 $ 0.31-0.77
Lettuce (1 head) 1.71 $ 1.13-2.26
Water (1.5 liter bottle) 1.19 $ 0.68-1.70
Bottle of Wine (Mid-Range) 7.36 $ 5.66-11.32
Domestic Beer (0.5 liter bottle) 1.20 $ 0.91-1.47
Imported Beer (12 oz small bottle) 1.73 $ 1.13-3.06
Cigarettes 20 Pack (Marlboro) 4.30 $ 3.73-4.53
Transportation
Edit
One-way Ticket (Local Transport) 2.26 $ 1.70-3.96
Monthly Pass (Regular Price) 39.61 $ 33.95-45.27
Taxi Start (Normal Tariff) 1.13 $ 1.13-1.70
Taxi 1 mile (Normal Tariff) 1.82 $ 1.82-2.73
Taxi 1hour Waiting (Normal Tariff) 16.98 $ 16.98-16.98
Gasoline (1 gallon) 6.45 $ 6.13-6.85
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,426.28 $ 28,294.50-30,558.06
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,030.94 $ 24,899.16-27,162.72
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 151.95 $ 96.20-213.78
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.98 $ 11.32-24.89
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 32.00 $ 28.29-45.27
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 59.76 $ 45.27-73.57
Tennis Court Rent (1 Hour on Weekend) 23.39 $ 13.58-22.64
Cinema, International Release, 1 Seat 5.66 $ 4.53-6.79
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 405.55 $ 339.53-452.71
International Primary School, Yearly for 1 Child 9,846.49 $ 7,922.46-16,976.70
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 113.18 $ 79.22-135.81
1 Summer Dress in a Chain Store (Zara, H&M, ...) 47.16 $ 28.29-56.59
1 Pair of Nike Running Shoes (Mid-Range) 108.65 $ 79.22-169.77
1 Pair of Men Leather Business Shoes 198.06 $ 113.18-226.36
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 931.36 $ 792.25-1,358.14
Apartment (1 bedroom) Outside of Centre 684.21 $ 565.89-1,018.60
Apartment (3 bedrooms) in City Centre 1,798.27 $ 1,471.31-2,603.09
Apartment (3 bedrooms) Outside of Centre 1,379.36 $ 1,018.60-1,810.85
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 312.81 $ 262.86-368.01
Price per Square Feet to Buy Apartment Outside of Centre 250.24 $ 210.29-420.58
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 896.94 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.93 5.10-6.99

Prices in Budva

This city had 298 entries in the past 12 months by 32 different contributors.
Last update: 17 May 2025
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
  
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