Cost of Living in Montenegro
Balkan beauty with a stunning coast; offers very affordable living and low taxes, gaining popularity with property buyers.
Open a Wise account£1,055
Average cost per month
Distribution of Expenses
Coastal medieval towns
Dramatic mountains falling into sea
Tourism growth; euro currency user
Cost of living breakdown for Montenegro
Living costs in Montenegro can vary. You can expect to spend around £1,055 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing
Standard of Living
Food & Drink
Montenegro average costs for food and drink.
Salary & Services
Montenegro average salaries and services.
Average living costs in Montenegro
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £488.08 | £345.36 - £690.72 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £363.07 | £259.02 - £518.04 |
| 3 Bedroom Apartment in City CentreRent Per Month | £899.37 | £561.21 - £1,554.13 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £694.88 | £431.71 - £1,208.77 |
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Frequently asked questions
The cost of living in Montenegro depends on your lifestyle and location. On average, a single person needs £550 per month without rent, while a family of four requires £1,933. Renting a 1-bedroom apartment in the city centre costs an additional £488 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in Montenegro costs £0.86. If you are commuting regularly, a monthly pass is typically priced at £26.
The average monthly net salary (after tax) in Montenegro is currently £782.
Dining costs depend on your choices. A meal at an inexpensive restaurant in Montenegro costs approximately £9, while a three-course meal for two people at a mid-range restaurant costs around £39.
The estimated monthly cost of living in Montenegro for a single person is £550, excluding rent.
For a family of four living in Montenegro, the estimated monthly costs are £1,933, not including rent.
Rent prices in Montenegro depend on location. The average monthly rent for a 1-bedroom apartment in a city centre is £488, compared to £363 outside the centre. For a 3-bedroom apartment, the average is £899 in city centres and £695 in suburban areas.
Basic utilities in Montenegro (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £94 per month. Internet access typically adds another £25.