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

Explore the cost of living in Podgorica, Montenegro - a vibrant city located in Southern Europe. At 49 meters above sea level and coordinates of 42.43042 latitude and 19.25936 longitude, Podgorica offers a bustling atmosphere for its 136,473 residents.

Living in Podgorica is an affordable option compared to other cities in Europe. The average cost of living is lower, and residents can enjoy a high standard of living with great healthcare, education, and public transportation options. Montenegro is also known for its stunning natural scenery, with national parks, beaches, and lakes within easy reach of Podgorica.

Whether you're looking for a laid-back lifestyle or a bustling city experience, Podgorica is a great option that won't break the bank. Plan your move to Montenegro today and experience all that this beautiful destination has to offer.

Cost of Living Estimate in Podgorica

Total cost of living in Podgorica for two person with average consumption for one month will be 818.94 USD, no rent price included. Click here to calculate cost-of-living estimate in Podgorica

You can calculate cost of living in Podgorica 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

Podgorica, Montenegro is a city that offers a variety of dining options for travelers. One popular option is traditional Montenegrin cuisine. This often includes grilled meats, hearty stews, and fresh seafood. Many restaurants in the city offer authentic Montenegrin dishes, cooked to perfection. Vegetarian and vegan options are also available for those who prefer a plant-based diet. In addition to Montenegrin food, there are also plenty of international restaurants serving Italian, Chinese, and other types of cuisine.

For those seeking a more upscale experience, there are also several fine dining options in Podgorica. These restaurants often have sleek and modern decor, and offer gourmet cuisine prepared by talented chefs. Some of these restaurants may have dress codes, so it's important to research ahead of time. For those on a budget, there are also many casual dining options available. These can include fast food chains, cafes, and small eateries serving street food. No matter what type of dining experience travelers are looking for, Podgorica has plenty to offer.

Meal in Inexpensive Restaurant
6.07 $
Meal for 2 People, Mid-range Restaurant, Three-course
30.33 $
McMeal at McDonalds or Alternative Combo Meal
3.64 $
Domestic Beer, 0.5 liter Draught
2.06 $
Imported Beer, 0.33 liter Bottle
2.30 $
Cappuccino
1.82 $
Coca-Cola, 0.33 liter Bottle
2.07 $

Markets prices

Podgorica, Montenegro is a city with a wide array of market prices depending on the type of goods or services you are looking for. If you are interested in fresh produce, you can find some of the most affordable fruits and vegetables in the area. On the other hand, prices for luxury items such as high-end fashion and beauty products may be a bit steeper, due to the exclusive nature of the brands. However, it's worth noting that there are still plenty of budget-friendly options available in the city. Overall, Podgorica offers a diverse range of market prices that cater to both modest and extravagant tastes.

If you are an avid shopper, you'll appreciate the variety of market prices available in Podgorica. From street markets selling handmade crafts and souvenirs to shopping centers boasting multinational retailers, you can find a full shopping experience within the city. Additionally, you can expect to find competitive prices on electronics, furniture, and household appliances, making Podgorica an ideal destination for those looking to furnish a new home. Whether you are a bargain hunter or prefer higher-end goods and services, you'll be able to find your niche in Podgorica's dynamic marketplace.

Water, 0.33 liter Bottle
1.25 $
Milk, Regular,1 liter
1.02 $
Loaf of Fresh White Bread, 0.5 kg
0.66 $
White Rice, 1 kg
1.56 $
Eggs, 12 pack
1.89 $
Local Cheese, 1 kg
5.94 $
Chicken Breasts, Boneless and Skinless, 1 kg
6.74 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
7.42 $
Apples, 1 kg
1.03 $
Banana, 1 kg
1.25 $
Oranges, 1 kg
1.46 $
Tomato, 1 kg
1.46 $
Potato, 1 kg
0.73 $
Onion, 1 kg
1.02 $
Lettuce, 1 head
0.99 $
Water, 1.5 liter Bottle
0.72 $
Bottle of Wine, Mid-Range Price
4.85 $
Domestic Beer, 0.5 liter Bottle
1.12 $
Imported Beer, 0.33 liter Bottle
1.56 $
Pack of Cigarettes
3.88 $

Transportation prices

Podgorica, the capital city of Montenegro, offers various convenient transportation options for travelers to get around the city. One of the most common modes of transportation is the bus system in Podgorica. The local buses cover the majority of the areas in the city and are affordable for everyone. The buses usually run from early morning to late evening, providing passengers with a reliable means of transport. Podgorica also has taxi services available for those looking for a more comfortable mode of transportation. The taxis are an affordable option for travelers, and they can be found throughout the city.

Another interesting mode of transportation in Podgorica is cycling. Cycling through the city is an excellent way to explore the city's beauty while keeping fit. Visitors can rent bicycles in the city, and there are various bike tours that visitors can join to explore the city's highlights. Walking is also an excellent option for travelers who enjoy exploring new places at their own pace. The city's center is small enough to walk through, and there are plenty of landmarks, hidden gems, and cafes to discover. Whether you decide to take the bus, taxi, cycle, or walk, Podgorica has transportation options to fit your needs.

One-way Ticket, Local Transport
1.09 $
Monthly Pass, Regular Price
30.33 $
Taxi Start, Normal Tariff
1.21 $
Taxi, price for 1 km, Normal Tariff
0.61 $
Taxi, price for 1 hour Waiting, Normal Tariff
7.28 $
Gasoline, 1 liter
1.58 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
24,260.80 $

Utilities Per Month prices

Visitors to Podgorica, Montenegro will be pleased to know that utility costs in this city are generally affordable. While prices can vary depending on the size and location of the property, as well as the specific utilities desired, visitors can expect to pay reasonable rates for electricity, water, and other basic necessities. Visitors should also be aware that some landlords may require tenants to pay additional service charges or deposits for utility usage.

When it comes to heating and cooling, visitors to Podgorica can choose from a variety of options. While central heating is common in many homes and apartment buildings throughout the city, visitors looking for more economical options may opt for air conditioners or space heaters. Overall, utility costs in Podgorica are unlikely to be a major expense for visitors, making this a budget-friendly destination for those looking to explore all that Montenegro has to offer.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
131.53 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.16 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
27.32 $

Sports And Leisure prices

Podgorica may not be the first place that comes to mind when you think of sports and leisure, but there are plenty of opportunities to stay active and have fun in this charming city. Football is a big deal in Podgorica, and visitors can catch a game at the Podgorica City Stadium, home to the local club FK Budućnost. For those who prefer something a little more low-key, there are several parks and green spaces throughout the city where you can take a stroll, have a picnic, or even try your hand at frisbee or volleyball.

If you're looking for something a little more adventurous, why not try white-water rafting on the Tara River? This stunning river flows through the Durmitor National Park, just a few hours' drive from Podgorica, and is known for its crystal-clear waters and breathtaking scenery. You can also go hiking, cycling, or horseback riding in the park, and there are several tour operators who can help you plan your adventure. Whether you're a sports enthusiast or just looking for some leisurely fun, Podgorica has something for everyone.

Fitness Club, Monthly Fee for 1 Adult
37.86 $
Tennis Court Rent, 1 Hour on Weekend
12.97 $

Salaries And Financing prices

If you are traveling to Podgorica, Montenegro, it's important to know that the city's average salary is lower than the European Union average. This means that prices for goods and services may be lower than what you're used to, but it also means that salaries may be lower for those working in the city. However, there are still plenty of opportunities for financing and investment in Podgorica. The city is home to many banks and financial institutions, and there are also ventures and startups popping up all the time. If you're looking to invest or start a business in Podgorica, it's important to do your research and talk to local experts to ensure that you're making the right financial decisions.

Despite the lower salaries in Podgorica, the city still offers a high quality of life. Montenegro has a lower cost of living compared to many other European countries, which means that your money can go further in Podgorica. Additionally, the city has a vibrant and growing economy, with many opportunities for both local and foreign workers. If you're looking to work in Podgorica, there are many industries to consider, including finance, IT, tourism, and more. With a little research and networking, you can find a job that not only pays well but also offers a fulfilling career path.

Cinema ticket, 1 Seat
6.07 $
Average Monthly Net Salary, After Tax
589.57 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
7.56 %

Childcare prices

Childcare prices in Podgorica, Montenegro can vary depending on the type of facility and the services provided. There are several private schools and kindergartens that offer full-time and part-time programs for children. These facilities often provide a range of activities and educational experiences, including language classes, music lessons, and outdoor playtime. Parents can choose from different options that cater to their budget and scheduling needs, ensuring that their children receive quality care and attention while they are at work.

Montenegrin government also offers public preschool education for children aged between 3 and 6 years. These kindergartens use the Montenegrin language as the medium of instruction and aim to provide a safe and nurturing environment for young children. They focus on developing children's social skills, cognitive abilities, and emotional intelligence, helping them build a strong foundation for their future academic and personal well-being. Parents can opt for these public kindergartens to save costs, or they can choose to enroll their children in private facilities that offer more specialized services and personalized attention.

Private Preschool or Kindergarten, Monthly for 1 Child
185.74 $
International Primary School, Yearly for 1 Child
9,502.14 $

Clothing And Shoes prices

When it comes to clothing and shoe shopping in Podgorica, Montenegro, you have a variety of options to choose from. From high-end luxury boutiques to local markets, the prices vary, but you'll find something that fits your budget and style. If you wish to buy designer clothing and shoes, then head to the city center, where you'll find famous European and American luxury brands. For affordable clothing and shoes, there are many local markets scattered around the city where you can browse through a variety of options.

Montenegrins take their fashion seriously, and the country's developing economy and fashion-conscious youth have led to a surge in new fashion boutiques opening up. If you're looking for something unique and trendy, then check out the boutiques tucked away in the alleys of the city. From high-fashion evening wear to casual street-style, there is something for everyone. Additionally, if you're looking for sports or outdoor gear, then Podgorica has several specialized sports shops that sell everything from sneakers to running shorts. Whatever your fashion needs are, you'll find something to suit your style and budget in Podgorica.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
74.99 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
37.83 $
Pair of Running Shoes, Mid-Range Price
91.95 $
Pair of Leather Business Shoes
102.53 $

Rent Per Month prices

If you're planning a visit to Podgorica, Montenegro, you'll find a range of short rent and stay options to choose from. From cozy apartments to luxurious hotels, there's something for every budget and taste. Whether you're looking for a short-term stay or a longer vacation, you'll find plenty of affordable and comfortable options in the city.

Many short-term rental properties in Podgorica come fully furnished and equipped with modern amenities. These properties offer great value for money compared to traditional hotels, making them a popular choice among travelers. The prices for short rent and stay options in Podgorica vary depending on the type of accommodation and location. However, no matter what your budget is, you can rest assured that there's an option to suit your needs.

One bedroom apartment in city centre
388.17 $
One bedroom apartment outside of city centre
277.42 $
Three bedroom apartment in city centre
697.81 $
Three bedroom apartment outside of city centre
496.63 $

Buy Apartment prices

Podgorica, the capital city of Montenegro, offers a plethora of real estate buying options to interested investors. The city is thriving with residential and commercial properties ranging from newly constructed high-rises to century-old buildings. Whether you are looking for a cozy apartment, a grand villa, or a commercial space, Podgorica has it all.

As far as the prices are concerned, Podgorica is known for offering affordable and competitive prices compared to other European cities. The cost of living in Podgorica is also relatively low, making it an ideal destination for those who want to enjoy a quality lifestyle without breaking the bank. Moreover, the real estate market in Podgorica is constantly growing, giving investors the potential to profit from their properties in the long term.

Price per m2 to Buy Apartment in City Center
1,796.45 $
Price per m2 to Buy Apartment Outside of City Center
1,339.64 $