Cost of Living in Herceg Novi
Summary of cost of living in Herceg Novi, Montenegro:
- The estimated monthly costs for a family of four are 2,596.5$ (2,278.5€), excluding rent (using our estimator).
- The estimated monthly costs for a single person are 737.7$ (647.4€), excluding rent.
- Herceg Novi is 59.4% less expensive than New York (excluding rent, see our cost of living index).
- Rent in Herceg Novi is, on average, 82.3% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 10.00 € | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 32.50 € | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.00 € | |
| Domestic Beer (1 pint draught) | 2.50 € | |
| Imported Beer (12 oz small bottle) | 2.50 € | |
| Cappuccino (regular) | 2.22 € | |
| Coke/Pepsi (12 oz small bottle) | 2.50 € | |
| Water (12 oz small bottle) | 1.64 € | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 4.57 € | |
| Loaf of Fresh White Bread (1 lb) | 0.76 € | |
| Rice (white), (1 lb) | 1.01 € | |
| Eggs (regular) (12) | 2.73 € | |
| Local Cheese (1 lb) | 3.54 € | |
| Chicken Fillets (1 lb) | 2.97 € | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.65 € | |
| Apples (1 lb) | 0.51 € | |
| Banana (1 lb) | 0.65 € | |
| Oranges (1 lb) | 0.64 € | |
| Tomato (1 lb) | 1.16 € | |
| Potato (1 lb) | 0.43 € | |
| Onion (1 lb) | 0.54 € | |
| Lettuce (1 head) | 1.33 € | |
| Water (1.5 liter bottle) | 0.68 € | |
| Bottle of Wine (Mid-Range) | 4.50 € | |
| Domestic Beer (0.5 liter bottle) | 1.05 € | |
| Imported Beer (12 oz small bottle) | 1.52 € | |
| Cigarettes 20 Pack (Marlboro) | 3.25 € | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1.00 € | |
| Monthly Pass (Regular Price) | 51.00 € | |
| Taxi Start (Normal Tariff) | 2.00 € | |
| Taxi 1 mile (Normal Tariff) | 1.61 € | |
| Taxi 1hour Waiting (Normal Tariff) | 15.00 € | |
| Gasoline (1 gallon) | 5.69 € | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 29,000.00 € | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 19,000.00 € | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 121.45 € | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 14.50 € | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 27.00 € | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 50.00 € | |
| Tennis Court Rent (1 Hour on Weekend) | 10.00 € | |
| Cinema, International Release, 1 Seat | 7.00 € | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 450.00 € | |
| International Primary School, Yearly for 1 Child | 6,700.00 € | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 75.00 € | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 30.00 € | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 65.00 € | |
| 1 Pair of Men Leather Business Shoes | 85.00 € | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 650.00 € | |
| Apartment (1 bedroom) Outside of Centre | 485.00 € | |
| Apartment (3 bedrooms) in City Centre | 1,183.33 € | |
| Apartment (3 bedrooms) Outside of Centre | 841.67 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 264.77 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 202.06 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 750.00 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.00 |
Prices in Herceg Novi
This city had 136 entries in the past 12 months by 15 different contributors.
Last update: 8 June 2025
Last update: 8 June 2025
Sources and References
Moving to Herceg Novi? Explore:
Distribution of Expenses Using Our Statistical Model:
Nearby Cities:| Cost of Living in Perast | 18.62 miles |
| Cost of Living in Kotor | 27.70 miles |
| Cost of Living in Budva | 40.57 miles |
| Cost of Living in Niksic | 58.04 miles |
| Cost of Living in Danilovgrad | 77.05 miles |
| Cost of Living in Savnik | 85.35 miles |
| Cost of Living in Podgorica | 89.73 miles |
| Cost of Living in Kolasin | 134.79 miles |
| Cost of Living in Andrijevica | 160.72 miles |
| Cost of Living in Bijelo Polje | 164.99 miles |
This Page in Other Languages:
 DeutschLebenshaltungskosten in Herceg Novi
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 PortuguêsCusto de Vida em Herceg Novi
|
 ItalianoCosto della Vita a Castelnuovo
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 FrançaisCoût de la Vie à Herceg Novi
|
 EspañolCosto de Vida en Herceg Novi
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