Cost Analysis

Cost of Living in Budva (2026)

Detailed breakdown of living costs in Budva, Montenegro. Average monthly expenses for rent, groceries, transportation, and healthcare.

Single Person

$1,303

per month

Family (4 people)

$2,538

per month

Average Rent

$800

1 bedroom

Cost of Living Overview

Budva offers a very affordable lifestyle compared to other major cities. A single person can expect to spend around $1,303 per month for a comfortable standard of living, while a family of four should budget approximately $2,538.

Housing is reasonably priced, with one-bedroom apartments averaging $800 per month. Internet speeds of 90 Mbps make it suitable for remote work.

Housing

1 Bedroom Apartment (City Center)$800
3 Bedroom Apartment (Family)$1,600
Real Estate Price per m²$4,229

Daily Expenses

Groceries (Monthly)$320
Internet (Monthly)$32

Transportation

Public Transport (Monthly)$70
Car Ownership (Monthly)$610

Healthcare

Health Insurance (Monthly)$80

Total Estimated Monthly Cost

Single Person

$1,303

Family of 4

$2,538

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Cost Summary

Rent (1BR)$800
Groceries$320
Transport$70
Healthcare$80
Internet$32
Total$1,303

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