Cost of living in Budva, Montenegro

Summary of cost of living in Budva

  • Family of four estimated monthly costs: €2,723
  • Single person estimated monthly costs: €1,263
  • WARNING!  These estimates are based on only a few data points. At the moment, you should treat them only as a best guess.

List of prices in Budva
Current as of Oct 2023.

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Food Update prices
Basic lunchtime menu (including a drink) in the business district €12
Combo meal in fast food restaurant (big mac meal or similar) €5.68
500 gr (1 lb.) of boneless chicken breast €3.50
1 liter (1 qt.) of whole fat milk €1.25
12 eggs, large €2.54
1 kg (2 lb.) of tomatoes €1.26
500 gr (16 oz.) of local cheese €3.83
1 kg (2 lb.) of apples -
1 kg (2 lb.) of potatoes €0.89
0.5 l (16 oz) domestic beer in the supermarket €0.83
1 bottle of red table wine, good quality €8
2 liters of coca-cola €1.72
Bread for 2 people for 1 day €0.55
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Housing Update prices
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area €1,018
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area €564
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat €142
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area €492
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area €306
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio €83
Internet 8 mbps (1 month) €22
40” flat screen tv -
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) €85
Laundry detergent (3 l. ~ 100 oz.) -
Hourly rate for cleaning help -
Clothes Update prices
1 pair of jeans (levis 501 or similar) -
1 summer dress in a high street store (zara, h&m or similar retailers) €31
1 pair of sport shoes (nike, adidas, or equivalent brands) €86
1 pair of men’s leather business shoes -
Transportation Update prices
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new -
1 liter (1/4 gallon) of gas €1.30
Monthly ticket public transport €34
Taxi trip on a business day, basic tariff, 8 km. (5 miles) €9
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Personal Care Update prices
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) -
1 box of antibiotics (12 doses) -
Short visit to private doctor (15 minutes) €28
1 box of 32 tampons (tampax, ob, ...) -
Deodorant, roll-on (50ml ~ 1.5 oz.) €3.37
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) €2.88
4 rolls of toilet paper -
Tube of toothpaste -
Standard men's haircut in expat area of the city -
Entertainment Update prices
Basic dinner out for two in neighborhood pub €24
2 tickets to the movies €10
2 tickets to the theater (best available seats) -
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert €47
1 cocktail drink in downtown club €9
Cappuccino in expat area of the city €1.83
1 beer in neighbourhood pub (500ml or 1pt.) €2.64
Ipad wi-fi 128gb -
1 min. of prepaid mobile tariff (no discounts or plans) -
1 month of gym membership in business district €38
1 package of marlboro cigarettes €2.66
WARNING!  These prices are based on only a few data points. At this point they are mostly a guess. They are based on 56 prices entered by 6 different people.
Latest price update: October 01, 2023

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International Cost of Living Index

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