Cost of living and prices in Kotor, prices of food, rent, shopping, etc. 🇲🇪
Updated Jul 2023

Kotor is a picturesque city in Montenegro renowned for its beautiful landscapes and rich cultural heritage. It is located in Southern Europe, at coordinates 42.42466 latitude and 18.77123 longitude, and sits at an elevation of 5 meters above sea level.

With a population of 5345 people, Kotor offers a unique combination of old-world charm and modern-day amenities. The city is situated on the Europe/Podgorica time zone, GMT: 1.0, and boasts a low cost of living compared to many other European destinations. From affordable housing to cheap food and drink, Kotor is an excellent choice for budget-conscious travelers looking to experience Montenegro's beauty and history without breaking the bank.

Montenegro's rugged coastline, breathtaking mountain scenery, and rich cultural heritage attract visitors from around the world. Kotor is no exception, offering a variety of attractions and activities that appeal to tourists of all ages and interests. Whether you're interested in exploring the city's historic fortresses and churches, soaking up the sun at the nearby beaches, or indulging in the local cuisine, Kotor has something to offer everyone.

If you're planning a trip to Montenegro, be sure to include Kotor on your itinerary. With its stunning scenery, welcoming locals, and affordable cost of living, it's a destination you won't want to miss!

Cost of Living Estimate in Kotor

Total cost of living in Kotor for two person with average consumption for one month will be 871.95 USD, no rent price included. Click here to calculate cost-of-living estimate in Kotor

You can calculate cost of living in Kotor by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you are looking for diverse eating options in Kotor, Montenegro, you won't be disappointed. The city has a thriving culinary scene with restaurants that cater to all tastes and budgets. Don't miss out on the fresh seafood at the waterfront restaurants that offer stunning views of the bay. You can also try traditional Montenegrin dishes such as Njeguški pršut (smoked ham) and Kacamak (mashed potatoes and cheese). For those cravings for international cuisine, there are also Italian, French, and Asian restaurants that serve up delicious meals. No matter your preference, you will find a restaurant or a café to suit your taste.

Aside from restaurants, there are plenty of dining options in Kotor, Montenegro, such as local street food vendors and food markets. The Galija fish market is a must-visit if you want to taste freshly caught fish and seafood. You can also explore the city's old town, where you will find quaint cafes and bakeries that serve up traditional Montenegrin pastries and coffee. And for those who prefer a more relaxed and casual atmosphere, there are plenty of fast food joints and snack bars that offer a quick bite. Whatever your preference, Kotor offers something for every foodie out there.

Meal in Inexpensive Restaurant
6.07 $
Meal for 2 People, Mid-range Restaurant, Three-course
42.46 $
McMeal at McDonalds or Alternative Combo Meal
4.85 $
Domestic Beer, 0.5 liter Draught
3.64 $
Imported Beer, 0.33 liter Bottle
3.52 $
Cappuccino
1.99 $
Coca-Cola, 0.33 liter Bottle
2.22 $

Markets prices

Market prices in Kotor, Montenegro can vary depending on the season and the products being sold. It's common to find fresh fruits and vegetables at affordable prices, especially during the summer months when the local farmers bring their goods to the market. However, imported or exotic fruits and vegetables can be more expensive. Seafood is also a popular choice and prices vary depending on the catch of the day and its availability.

When it comes to souvenirs, the prices in Kotor tend to be slightly higher than in other parts of Montenegro. The city is a popular tourist destination and many local shops cater to the needs of visitors with traditional products such as handcrafted jewelry, ceramics, and textiles. Bargaining is sometimes possible, especially if you're buying multiple items from the same vendor. Nevertheless, it's important to keep in mind that the local sellers rely on these sales as a source of income, so fair negotiation is encouraged.

Water, 0.33 liter Bottle
1.67 $
Milk, Regular,1 liter
0.93 $
Loaf of Fresh White Bread, 0.5 kg
0.67 $
White Rice, 1 kg
1.23 $
Eggs, 12 pack
2.00 $
Local Cheese, 1 kg
5.16 $
Chicken Breasts, Boneless and Skinless, 1 kg
5.58 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
7.40 $
Apples, 1 kg
1.13 $
Banana, 1 kg
1.46 $
Oranges, 1 kg
1.36 $
Tomato, 1 kg
1.29 $
Potato, 1 kg
0.52 $
Onion, 1 kg
0.63 $
Lettuce, 1 head
0.97 $
Water, 1.5 liter Bottle
0.85 $
Bottle of Wine, Mid-Range Price
4.25 $
Domestic Beer, 0.5 liter Bottle
0.90 $
Imported Beer, 0.33 liter Bottle
1.42 $
Pack of Cigarettes
5.46 $

Transportation prices

Kotor, Montenegro is a beautiful town located on the Adriatic coast. It is surrounded by mountains and a stunning bay, which makes for a great place to vacation. There are various means of transportation to explore Kotor. Renting a car is one of the best ways to enjoy the scenic beauty of the town. Alternatively, visitors can rent a bike and explore the quiet streets of Kotor on two wheels. For those who want to take it easy, taxis are widely available and provide a luxurious way to move around the town.

Another fun way to explore Kotor is by boat. There are a variety of boat tours available that take tourists around the town and through the Bay of Kotor. These tours offer a unique perspective on the town and allow visitors to see its beauty from a different angle. Additionally, ferries are available for those who want to explore nearby towns such as Perast and Herceg Novi. By taking a ferry ride, visitors can experience multiple towns in one trip while enjoying the serene beauty of the bay.

One-way Ticket, Local Transport
1.21 $
Monthly Pass, Regular Price
51.55 $
Taxi Start, Normal Tariff
0.61 $
Taxi, price for 1 km, Normal Tariff
0.91 $
Taxi, price for 1 hour Waiting, Normal Tariff
8.49 $
Gasoline, 1 liter
1.53 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
20,015.16 $

Utilities Per Month prices

For travelers planning a trip to Kotor, Montenegro, it's important to consider the cost of utilities during their stay. The average cost of utilities in Kotor can vary depending on the time of year and the specific location of your accommodations. However, it's generally safe to assume that bills for water, electricity and gas will be lower than in many other European cities, making Kotor an affordable option for budget-conscious travelers.

One unique aspect of utility costs in Kotor is the use of solar power. With abundant sunshine throughout the year, many homes and businesses in the city utilize solar panels to generate electricity, reducing their reliance on traditional energy sources and helping to keep utility bills low. Additionally, many properties in Kotor have access to fresh water springs, which can further reduce costs related to water usage. Overall, travelers to Kotor can expect reasonable utility costs, with the added bonus of sustainable practices like solar power and water conservation.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
112.25 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.12 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
25.56 $

Sports And Leisure prices

If you're interested in outdoor activities and sports, Kotor is the perfect destination for you. Surrounded by breathtaking mountains and the Adriatic Sea, this city offers a variety of activities to enjoy, such as hiking, cycling, and water sports. You can go on a guided hike to the Lovćen National Park and see the stunning panoramic views of Kotor, or rent a kayak or paddleboard to explore the beautiful coastline. There are also many organized tours that include activities like canyoning and rock climbing, which are sure to get your adrenaline pumping. Whether you're a seasoned adventurer or just looking for a fun way to spend a day, Kotor has something for everyone.

If you prefer a more laid-back vacation, Kotor is still the ideal place to relax and unwind. The city is known for its charming Old Town, which is a UNESCO World Heritage Site and boasts beautiful architecture, quaint streets, and cozy cafes. Take a leisurely stroll and explore the many shops and boutiques, or simply sit back and enjoy a cup of coffee while people-watching. For a more luxurious experience, visit one of the city's many spas and indulgent wellness centers. From massages and facials to thermal baths and hot stone therapy, there are plenty of treatments to choose from to help you feel rejuvenated and refreshed. With so many options for leisure and relaxation, a trip to Kotor is sure to leave you feeling rested and recharged.

Fitness Club, Monthly Fee for 1 Adult
44.48 $
Tennis Court Rent, 1 Hour on Weekend
7.28 $

Salaries And Financing prices

Kotor, Montenegro, is a picturesque town located on the Adriatic coast that attracts many tourists every year, and one of the most common questions they ask is about salaries and financing. In general, the economy in Kotor is driven by the tourism industry, which means that wages in the service sector can be relatively high compared to other areas of the country. However, it's worth noting that the cost of living in Kotor can also be quite high, especially during peak tourist season.

As for financing, it's important to know that the local currency in Montenegro is the euro, which makes it easy for travelers from the eurozone or other countries with a favorable exchange rate to get by. There are also several ATMs throughout Kotor where visitors can withdraw cash, but it's always a good idea to have some euros on hand to cover smaller purchases. Overall, whether you're planning a short visit or a longer stay, it's important to budget accordingly and research the local cost of living to ensure you can enjoy all that Kotor has to offer without breaking the bank.

Cinema ticket, 1 Seat
4.85 $
Average Monthly Net Salary, After Tax
568.92 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4 %

Childcare prices

Childcare prices in Kotor, Montenegro can vary depending on the type of facility you choose. There are a variety of schools and kindergartens throughout the city that offer different levels of care and education for young children. Some facilities offer more intensive programs focused on early childhood development, while others may focus more on providing basic care services. Regardless of the type of facility you choose, it's important to make sure that you're comfortable with the level of care that's being provided.

If you're looking for affordable childcare options, there are many schools and kindergartens in Kotor that offer competitive pricing. Of course, the cost of care will depend on a number of factors, including the age of your child, the length of time they'll be in care, and the level of service that's being provided. Some facilities may also offer discounts or promotions for new clients, so it's worth doing your research to find the best deals. Ultimately, the best thing you can do is to explore your options and choose a facility that you feel is the right fit for your family.

Private Preschool or Kindergarten, Monthly for 1 Child
175.89 $
International Primary School, Yearly for 1 Child
8,491.28 $

Clothing And Shoes prices

In Kotor, Montenegro, you can find a variety of options for clothing and shoes at different price points. From trendy boutiques to local markets, you can explore and find what suits your style and budget. Many shops offer unique handmade items, perfect for souvenir shopping or adding to your wardrobe. With the picturesque backdrop of Kotor's old town and the Adriatic Sea, shopping for clothing and shoes in Kotor is a pleasant experience.

If you're looking for high-end fashion brands or designer shoes, Kotor may not be the best place to shop. However, if you want affordable options and unique finds, Kotor has plenty to offer. Local markets and small shops are great places to find stylish clothing and handmade shoes at reasonable prices. You can also find popular international brands in shopping centers located outside of the town center. Overall, Kotor is a great spot to discover new fashion trends while supporting local businesses.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
46.50 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
42.46 $
Pair of Running Shoes, Mid-Range Price
80.87 $
Pair of Leather Business Shoes
88.55 $

Rent Per Month prices

If you're looking for a short stay option in Kotor, Montenegro, there are plenty of options available. You could choose from various apartments, hostels, and hotels, each offering their own unique experience. Some of the places are located in the old town steeped with history and culture while others are nestled in the surrounding hills, offering stunning views. While prices may vary from one option to another, you are sure to find something that fits your budget and needs.

Short-term rentals in Kotor, Montenegro, offer a wide array of benefits; for starters, you get to enjoy the city's rich history and culture, indulge in local delicacies, and explore the beautiful nearby towns. Whether you're traveling solo, as a couple, or with family and friends, you're guaranteed to find short-term rental options that meet your needs. Many of these options offer a home away from home experience, complete with amenities you would expect from a hotel, such as Wi-Fi, air conditioning, and laundry facilities. Overall, whatever your reason for visiting Kotor, Montenegro, you'll find affordable and comfortable short-term rental options that match your budget and preferences.

One bedroom apartment in city centre
626.74 $
One bedroom apartment outside of city centre
363.91 $
Three bedroom apartment in city centre
1,152.39 $
Three bedroom apartment outside of city centre
788.48 $

Buy Apartment prices

When it comes to real estate buying options in Kotor, Montenegro, there is something for everyone. Whether you are looking for a cozy apartment in the city center or a luxurious villa overlooking the Bay of Kotor, the real estate market in Kotor has a wide range of options to suit any budget and lifestyle. Furthermore, the buying process for real estate in Montenegro is relatively straightforward, making it an attractive option for foreign investors and retirees seeking a tranquil life with stunning natural surroundings.

The prices of real estate in Kotor vary depending on the location, size, and type of property. However, in general, Montenegro has become an affordable destination for buyers looking to invest in a vacation home or permanent residence. Moreover, the recent surge in tourism in Montenegro has resulted in increased demand for real estate, making it an opportune time to buy property in Kotor. With its picturesque Old Town, mild climate, and beautiful beaches, Kotor is a hidden gem in the Balkans where you can live a peaceful life with all the amenities of a modern European city.

Price per m2 to Buy Apartment in City Center
1,985.67 $
Price per m2 to Buy Apartment Outside of City Center
1,516.30 $