Cost of Living in Niksic

Summary of cost of living in Niksic, Montenegro:

  • The estimated monthly costs for a family of four are 2,129.9$ (1,869.0€), excluding rent (using our estimator).
  • The estimated monthly costs for a single person are 612.7$ (537.6€), excluding rent.
  • Niksic is 67.1% less expensive than New York (excluding rent, see our cost of living index).
  • Rent in Niksic is, on average, 92.7% lower than in New York.
Restaurants
Edit Range
Meal, Inexpensive Restaurant 7.00 € 3.00-10.00
Meal for 2 People, Mid-range Restaurant, Three-course 27.50 € 20.00-50.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.00 € 5.00-7.00
Domestic Beer (1 pint draught) 1.75 € 1.10-2.00
Imported Beer (12 oz small bottle) 2.00 € 2.00-2.50
Cappuccino (regular) 1.50 € 1.20-2.00
Coke/Pepsi (12 oz small bottle) 1.68 € 1.50-2.00
Water (12 oz small bottle) 1.00 € 1.00-1.30
Markets
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Milk (regular), (1 gallon) 3.72 € 3.41-4.16
Loaf of Fresh White Bread (1 lb) 0.73 € 0.73-0.91
Rice (white), (1 lb) 0.81 € 0.54-0.91
Eggs (regular) (12) 2.72 € 2.40-3.00
Local Cheese (1 lb) 2.99 € 2.04-3.18
Chicken Fillets (1 lb) 2.45 € 1.36-4.35
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.08 € 3.18-4.99
Apples (1 lb) 0.48 € 0.36-0.68
Banana (1 lb) 0.53 € 0.45-0.73
Oranges (1 lb) 0.60 € 0.36-0.91
Tomato (1 lb) 0.83 € 0.45-0.91
Potato (1 lb) 0.40 € 0.29-0.54
Onion (1 lb) 0.42 € 0.27-0.64
Lettuce (1 head) 0.92 € 0.50-2.00
Water (1.5 liter bottle) 0.71 € 0.45-1.00
Bottle of Wine (Mid-Range) 4.50 € 3.00-5.00
Domestic Beer (0.5 liter bottle) 0.85 € 0.60-1.10
Imported Beer (12 oz small bottle) 1.02 € 0.60-1.30
Cigarettes 20 Pack (Marlboro) 3.70 € 3.50-5.00
Transportation
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One-way Ticket (Local Transport) 1.00 € 1.00-3.50
Monthly Pass (Regular Price) 30.00 € 15.00-70.00
Taxi Start (Normal Tariff) 0.50 € 0.50-1.00
Taxi 1 mile (Normal Tariff) 0.80 € 0.80-1.61
Taxi 1hour Waiting (Normal Tariff) 6.50 € 5.00-10.00
Gasoline (1 gallon) 5.67 € 5.41-6.13
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,000.00 € 11,000.00-27,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,000.00 € 16,000.00-30,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 107.56 € 94.44-283.33
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.50 € 12.00-25.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21.40 € 15.00-36.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 € 20.00-40.00
Tennis Court Rent (1 Hour on Weekend) 9.25 € 5.00-15.00
Cinema, International Release, 1 Seat 5.00 € 4.00-5.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 73.33 € 50.00-100.00
International Primary School, Yearly for 1 Child 4,000.00 €
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 73.75 € 20.00-90.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.33 € 10.00-45.00
1 Pair of Nike Running Shoes (Mid-Range) 80.00 € 65.00-100.00
1 Pair of Men Leather Business Shoes 100.00 € 80.00-120.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 324.00 € 200.00-400.00
Apartment (1 bedroom) Outside of Centre 198.00 € 100.00-300.00
Apartment (3 bedrooms) in City Centre 460.00 € 400.00-650.00
Apartment (3 bedrooms) Outside of Centre 326.00 € 250.00-450.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 102.19 € 92.90-111.48
Price per Square Feet to Buy Apartment Outside of Centre 75.25 € 65.03-92.90
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 716.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.50 5.50-5.50

Prices in Niksic

This city had 222 entries in the past 12 months by 8 different contributors.
Last update: 17 April 2025
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
  
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