Cost of Living in Niksic

Summary of cost of living in Niksic, Montenegro:

  • The estimated monthly costs for a family of four are $2,079.9 (€1,854.6), excluding rent (using our estimator).
  • The estimated monthly costs for a single person are $582.1 (€519.0), excluding rent.
  • Niksic is 52.1% less expensive than Columbus (excluding rent, see our cost of living index).
  • Rent in Niksic is, on average, 75.2% lower than in Columbus.
Restaurants
Edit Range
Meal at an Inexpensive Restaurant €7.00 3.00-10.00
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) €27.50 20.00-50.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) €5.00 5.00-7.00
Domestic Draft Beer (1 Pint) €1.75 1.10-2.00
Imported Beer (12 oz Small Bottle) €2.00 2.00-2.50
Cappuccino (Regular Size) €1.50 1.20-2.00
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) €1.68 1.50-2.00
Bottled Water (12 oz) €1.00 1.00-1.30
Markets
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Milk (Regular, 1 Liter) €0.96 0.85-1.20
Fresh White Bread (1 lb Loaf) €0.73 0.54-0.91
White Rice (1 lb) €0.78 0.54-0.91
Eggs (12, Large Size) €2.76 2.40-3.60
Local Cheese (1 lb) €3.06 2.04-3.18
Chicken Fillets (1 lb) €2.45 1.36-4.35
Beef Round or Equivalent Back Leg Red Meat (1 lb) €4.42 3.63-5.44
Apples (1 lb) €0.45 0.36-0.59
Bananas (1 lb) €0.50 0.45-0.64
Oranges (1 lb) €0.53 0.36-0.91
Tomatoes (1 lb) €0.83 0.45-0.91
Potatoes (1 lb) €0.39 0.29-0.45
Onions (1 lb) €0.42 0.27-0.64
Lettuce (1 Head) €0.92 0.50-2.00
Bottled Water (50 oz) €0.73 0.45-1.00
Bottle of Wine (Mid-Range) €4.50 3.00-5.00
Domestic Beer (16.9 oz Bottle) €0.85 0.60-1.10
Imported Beer (12 oz Small Bottle) €1.02 0.60-1.30
Cigarettes (Pack of 20, Marlboro) €3.70 3.50-5.00
Transportation
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One-Way Ticket (Local Transport) €1.00 1.00-3.50
Monthly Public Transport Pass (Regular Price) €30.00 15.00-70.00
Taxi Start (Standard Tariff) €0.50 0.50-1.00
Taxi 1 mile (Standard Tariff) €0.80 0.80-1.61
Taxi 1 Hour Waiting (Standard Tariff) €6.50 5.00-10.00
Gasoline (1 Liter) €1.55 1.43-1.75
Volkswagen Golf 1.5 (or Equivalent New Compact Car) €19,000.00 11,000.00-27,000.00
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) €23,000.00 16,000.00-30,000.00
Utilities (Monthly)
Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) €107.56 94.44-283.33
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) €20.50 12.00-25.00
Broadband Internet (Unlimited Data, 60 Mbps or Higher) €21.40 15.00-36.00
Sports And Leisure
Edit
Monthly Fitness Club Membership €30.00 20.00-40.00
Tennis Court Rental (1 Hour, Weekend) €9.25 5.00-15.00
Cinema Ticket (International Release) €5.00 4.00-5.00
Childcare
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Private Full-Day Preschool or Kindergarten, Monthly Fee per Child €73.33 50.00-100.00
International Primary School, Annual Tuition per Child €4,000.00
Clothing And Shoes
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Jeans (Levi's 501 or Similar) €73.75 20.00-90.00
Summer Dress in a Chain Store (e.g. Zara or H&M) €28.33 10.00-45.00
Nike Running Shoes (Mid-Range) €80.00 65.00-100.00
Men's Leather Business Shoes €100.00 80.00-120.00
Rent Per Month
Edit
1 Bedroom Apartment in City Centre €374.00 320.00-450.00
1 Bedroom Apartment Outside of City Centre €238.00 200.00-350.00
3 Bedroom Apartment in City Centre €540.00 450.00-800.00
3 Bedroom Apartment Outside of City Centre €366.00 300.00-600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre €137.03 111.48-204.38
Price per Square Feet to Buy Apartment Outside of Centre €99.87 74.32-176.51
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) €716.50
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.50 5.50-5.50

Prices in Niksic

This city had 69 entries in the past 12 months by 6 different contributors.
Last update: 2 October 2026
Sources and References
Distribution of Expenses Using Our Statistical Model:
Salary Calculator:Got a job offer in Niksic? Estimate your take-home pay with our Salary Calculator for Niksic.
  
  
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