Cost of Living in Herceg Novi

Summary of cost of living in Herceg Novi, Montenegro:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 9.50 € 7.00-10.00
Meal for 2 People, Mid-range Restaurant, Three-course 32.50 € 25.00-40.00
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 8.00-10.00
Domestic Beer (1 pint draught) 2.50 € 2.00-4.00
Imported Beer (12 oz small bottle) 2.50 € 2.00-4.00
Cappuccino (regular) 1.84 € 1.50-2.50
Coke/Pepsi (12 oz small bottle) 2.38 € 2.00-3.00
Water (12 oz small bottle) 1.88 € 1.50-2.00
Markets
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Milk (regular), (1 gallon) 5.01 € 3.75-7.57
Loaf of Fresh White Bread (1 lb) 0.81 € 0.64-1.36
Rice (white), (1 lb) 0.92 € 0.45-1.36
Eggs (regular) (12) 2.73 € 1.59-3.60
Local Cheese (1 lb) 3.76 € 3.18-4.31
Chicken Fillets (1 lb) 2.90 € 1.59-3.18
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.38 € 3.86-4.99
Apples (1 lb) 0.52 € 0.29-0.68
Banana (1 lb) 0.72 € 0.54-0.91
Oranges (1 lb) 0.67 € 0.32-1.36
Tomato (1 lb) 1.19 € 0.86-2.27
Potato (1 lb) 0.45 € 0.31-0.54
Onion (1 lb) 0.57 € 0.36-0.68
Lettuce (1 head) 1.33 € 0.50-2.00
Water (1.5 liter bottle) 0.85 € 0.50-1.00
Bottle of Wine (Mid-Range) 5.00 € 3.50-7.00
Domestic Beer (0.5 liter bottle) 1.18 € 0.70-1.80
Imported Beer (12 oz small bottle) 1.72 € 1.30-2.00
Cigarettes 20 Pack (Marlboro) 3.50 € 3.00-4.00
Transportation
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One-way Ticket (Local Transport) 1.00 € 1.00-1.00
Monthly Pass (Regular Price) 37.00 € 30.00-65.00
Taxi Start (Normal Tariff) 2.00 € 1.40-2.60
Taxi 1 mile (Normal Tariff) 1.61 € 1.29-1.61
Taxi 1hour Waiting (Normal Tariff) 15.00 €
Gasoline (1 gallon) 5.80 € 5.41-6.44
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 26,000.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,500.00 € 19,000.00-28,000.00
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 113.85 € 80.00-188.89
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.75 € 7.00-21.99
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21.25 € 15.00-32.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 45.00 € 20.00-80.00
Tennis Court Rent (1 Hour on Weekend) 10.00 € 10.00-10.00
Cinema, International Release, 1 Seat 7.00 €
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 500.00 €
International Primary School, Yearly for 1 Child 4,833.33 € 4,000.00-5,500.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 75.00 € 50.00-100.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.00 € 25.00-35.00
1 Pair of Nike Running Shoes (Mid-Range) 59.67 € 49.00-70.00
1 Pair of Men Leather Business Shoes 85.00 € 50.00-120.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 666.67 € 600.00-800.00
Apartment (1 bedroom) Outside of Centre 501.67 € 460.00-550.00
Apartment (3 bedrooms) in City Centre 1,133.33 € 1,000.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 850.00 € 800.00-1,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 244.64 € 222.97-278.71
Price per Square Feet to Buy Apartment Outside of Centre 202.06 € 185.80-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 866.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.00

Prices in Herceg Novi

This city had 288 entries in the past 12 months by 20 different contributors.
Last update: February 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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