The average cost of living in Montenegro ($775) is 65% less expensive than in the United States ($2213). Montenegro ranked 113th vs 5th for the United States in the list of the most expensive countries in the world.
The average after-tax salary is enough to cover living expenses for 0.9 months in Montenegro compared to 1.9 months in the United States. Ranked 66th and 22nd best countries to live in the world.

Cost of Living in Montenegro

Summary:

  • Family of four estimated monthly costs are 1,849.1€ without rent.
  • A single person estimated monthly costs are 534.5€ without rent.
  • Cost of living in Montenegro is, on average, 45.8% lower than in United States.
  • Rent in Montenegro is, on average, 70.4% lower than in United States.

Bottom of Form

Restaurants Range
Meal, Inexpensive Restaurant 7.00 € 4.00-10.00
Meal for 2 People, Mid-range Restaurant, Three-course 30.00 € 20.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.00 € 4.00-6.00
Domestic Beer (0.5 liter draught) 2.20 € 1.50-3.50
Imported Beer (0.33 liter bottle) 2.50 € 1.80-3.50
Cappuccino (regular) 1.60 € 1.00-2.50
Coke/Pepsi (0.33 liter bottle) 1.89 € 1.09-2.50
Water (0.33 liter bottle) 1.31 € 1.00-2.00
Markets
Milk (regular), (1 liter) 1.13 € 0.75-1.60
Loaf of Fresh White Bread (500g) 0.76 € 0.50-1.10
Rice (white), (1kg) 1.67 € 0.90-2.50
Eggs (regular) (12) 2.41 € 1.44-3.00
Local Cheese (1kg) 6.99 € 4.00-14.00
Chicken Fillets (1kg) 5.88 € 3.00-8.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 8.86 € 5.00-13.00
Apples (1kg) 1.06 € 0.60-1.50
Banana (1kg) 1.44 € 1.00-2.00
Oranges (1kg) 1.19 € 0.70-2.00
Tomato (1kg) 1.84 € 0.80-3.00
Potato (1kg) 0.79 € 0.40-1.00
Onion (1kg) 0.97 € 0.49-2.00
Lettuce (1 head) 0.97 € 0.35-2.00
Water (1.5 liter bottle) 0.74 € 0.50-1.50
Bottle of Wine (Mid-Range) 5.00 € 3.00-9.00
Domestic Beer (0.5 liter bottle) 0.87 € 0.60-1.15
Imported Beer (0.33 liter bottle) 1.28 € 0.80-1.80
Cigarettes 20 Pack (Marlboro) 3.50 € 3.20-5.00
Transportation
One-way Ticket (Local Transport) 1.00 € 0.90-2.00
Monthly Pass (Regular Price) 30.00 € 25.00-30.00
Taxi Start (Normal Tariff) 1.00 € 0.50-1.60
Taxi 1km (Normal Tariff) 0.80 € 0.50-1.20
Taxi 1hour Waiting (Normal Tariff) 6.50 € 5.00-12.00
Gasoline (1 liter) 1.48 € 1.28-1.72
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 € 20,000.00-25,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,142.86 € 25,000.00-30,000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 107.94 € 80.00-150.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.14 € 0.10-0.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 25.44 € 20.00-30.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult 32.97 € 23.00-50.00
Tennis Court Rent (1 Hour on Weekend) 10.00 € 5.00-15.00
Cinema, International Release, 1 Seat 5.00 € 4.00-6.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 180.45 € 50.00-320.00
International Primary School, Yearly for 1 Child 5,950.00 € 4,500.00-17,000.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 56.40 € 20.00-100.00
1 Summer Dress in a Chain Store (Zara, H&M, …) 30.00 € 20.00-45.00
1 Pair of Nike Running Shoes (Mid-Range) 77.08 € 55.00-100.00
1 Pair of Men Leather Business Shoes 93.76 € 60.00-150.00
Rent Per Month
Apartment (1 bedroom) in City Centre 441.42 € 300.00-700.00
Apartment (1 bedroom) Outside of Centre 313.11 € 200.00-500.00
Apartment (3 bedrooms) in City Centre 897.62 € 500.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 620.51 € 400.00-1,300.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 1,832.81 € 1,300.00-2,500.00
Price per Square Meter to Buy Apartment Outside of Centre 1,396.43 € 1,000.00-2,100.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 621.23 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.19 4.00-7.00