Cost of Living in Podgorica, Montenegro
Montenegro · Europe
Cost of Living in Podgorica: Quick Answer
The average cost of living in Podgorica, Montenegro is approximately $1,350 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 48, using New York City as the 100-point benchmark.
$1,350
Monthly Cost
avg/person
48
Cost Index
NYC = 100
42
Rent Index
NYC = 100
66
Quality of Life
Good
66
Safety Index
Good
0.19M
Population
EUR
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $6 |
| Meal for 2 (mid-range) | $24 |
| McMeal at McDonald's | $6 |
| Domestic Beer (0.5L) | $1.8 |
| Imported Beer (0.33L) | $2.5 |
| Cappuccino | $1.8 |
| Coke/Pepsi (0.33L) | $1.5 |
| Water (0.33L) | $1 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $0.9 |
| Bread (500g) | $0.7 |
| Rice (1kg) | $1 |
| Eggs (12) | $2 |
| Chicken (1kg) | $4.5 |
| Beef (1kg) | $8.5 |
| Apples (1kg) | $1.2 |
| Banana (1kg) | $0.9 |
| Tomato (1kg) | $1.2 |
| Potato (1kg) | $0.6 |
| Onion (1kg) | $0.5 |
| Water (1.5L) | $0.5 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $0.8 |
| Monthly Pass | $22 |
| Taxi 1km | $0.7 |
| Gasoline (1L) | $1.5 |
| Volkswagen Golf | $24000 |
| Toyota Corolla | $19000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $120 |
| Mobile Plan | $10 |
| Internet (60 Mbps) | $16 |
| Fitness Club/month | $28 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $580/mo |
| 1BR Outside | $370/mo |
| 3BR Center | $1,280/mo |
| 3BR Outside | $790/mo |
| Price/m² Center | $2,100/m² |
| Price/m² Outside | $1,300/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $900 |
| Mortgage Interest Rate | 5% |
Cost of Living in Podgorica: Complete Guide
The cost of living in Podgorica, Montenegro, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $1,350. The city's cost of living index is 48, compared with a New York City benchmark of 100.
Monthly Expenses in Podgorica
A typical monthly budget in Podgorica includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Podgorica
A one-bedroom apartment outside the city center costs approximately $370 per month, while a one-bedroom apartment in the city center costs around $580. A three-bedroom apartment in the center averages $1,280 per month.
Average Salary in Podgorica
The average net salary in Podgorica is approximately $900 per month. Purchasing power is rated 56out of 100.
Is Podgorica Expensive to Live In?
With a cost of living index of 48,Podgorica is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Podgorica
Safety
Podgorica has a safety score of 66/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Podgorica is rated 64/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Podgorica is 72/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Podgorica has a purchasing power score of 56/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Podgorica
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Podgorica should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Podgorica fits their monthly budget.
Is Podgorica Affordable?
Affordability depends on income and housing choices. The cost index of 48provides a useful benchmark when comparing Podgorica with other cities.
Key Cost of Living Facts for Podgorica
- Average Monthly Cost
- $1,350
- Cost Index
- 48
- Rent Index
- 42
- Average Net Salary
- $900
- Quality of Life
- 66/100
- Safety
- 66/100
- Healthcare
- 64/100
- Currency
- EUR
Frequently Asked Questions About Podgorica
What is the cost of living in Podgorica?
The estimated cost of living in Podgorica, Montenegro, is approximately $1,350 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Podgorica?
A one-bedroom apartment outside the center costs approximately $370 per month, while a one-bedroom apartment in the center costs about $580.
Is Podgorica expensive to live in?
Podgorica has a cost index of 48 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Podgorica?
The average net salary in Podgorica is approximately $900 per month.
Is Podgorica good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Podgorica is suitable for relocation.