Cost of Living in Podgorica vs Monaco City

Cost of living in Podgorica is 49% lower than in Monaco City (without rent).

Rent in Podgorica is 92% cheaper than in Monaco City.

Cost of living including rent in Podgorica is 86% lower than in Monaco City.

Food in Podgorica is 48% cheaper than in Monaco City.

Transport in Podgorica is 38% cheaper than in Monaco City.

Podgorica vs. Monaco City Comparision

Podgorica Monaco City
Cost of Living, including rent
1,035 $
7,469 $
Without Rent
484 $
945 $
Rent & Utilities
551 $
6,524 $
Food
353 $
676 $
Transport
35 $
57 $
Monthly Salary, after tax
929 $
6,658 $
Quality of Life
62
79
Population
151.0K
38.4K

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Podgorica Monaco City

Restaurants

Lunch menu,
inexpensive restaurant
8.93 $ 21.7 $
Dinner, for 2 42.1 $ 79.3 $
Fast food, McDonalds or KFC 8.28 $ 12.9 $
Beer, 0.5 L or 16 fl oz 2.46 $ 8.89 $
Capuccino 2.04 $ 5.78 $
Coke, 330ml 2.18 $ 4.85 $

Markets

Milk, 1 L or 1 qt 1.35 $ 1.95 $
Bread, 0.5 kg or 1 lb 0.96 $ 5.43 $
Rice, 1 kg or 2 lb 2.46 $ 3.87 $
Eggs, 12 pack 3.06 $ 3.72 $
Cheese, 1 kg or 2 lb 8.19 $ 16.6 $
Chicken Breast, 1 kg or 2 lb 8.28 $ 11 $
Round Steak, 1 kg or 2 lb 12.3 $ 13.3 $
Apples, 1 kg or 2 lb 1.34 $ 2.6 $
Banana, 1 kg or 2 lb 1.92 $ 2.77 $
Oranges, 1 kg or 2 lb 1.46 $ 2.8 $
Potatoes, 1 kg or 2 lb 1.01 $ 2.15 $
Onions, 1 kg or 2 lb 1.26 $ 3.34 $
Water, 1 L or 1 qt 0.51 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.47 $ 3.77 $
Wine, 750 mL bottle 5.62 $ 9.56 $
Beer, 0.5 L or 16 fl oz 1.05 $ 1.84 $
Cigarette pack 4.04 $ 13.9 $

Transport

Local transport ticket, One-way Ticket 0.99 $ 2.24 $
Monthly pass, Monthly Ticket 33.7 $ 24.7 $
Gas or petrol, 1 L or 0.26 gal 1.65 $ 2.36 $
Taxi, 8 km 6.95 $ 21.1 $

Personal Care

Doctor visit, private clinic 33.2 $ 86.5 $
Cold medicine, for 1 week 8.1 $ 17.3 $
Hair shampoo, 400 ml or 12 oz 3.8 $ 11 $
Toilet paper, 4 rolls 1.98 $ 3.35 $
Toothpaste, 1 tube 2.69 $ 5.95 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
70.2 $ 195 $
Utility bill - family,
electricity, heating, water & garbage
107 $ 302 $
Internet plan,
+60 Mbps
29.9 $ 63.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 424 $ 5,954 $
3 Bedroom Apartment, outside of center, 85 sq.m 801 $ 7,789 $
1 Bedroom Apartment, in city center, 40 sq.m 557 $ 7,511 $
3 Bedroom Apartment, in city center, 85 sq.m 1,084 $ 6,493 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,465 $ 85,921 $
Price per Square Meter to Buy House, in suburbs 1,937 $ 71,911 $

Salaries and Financing

Average Monthly Net Salary, after tax 929 $ 6,658 $
Mortgage Interest Rate, for 20 years fixed-rate 6.04 % 2.89 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 41.7 $ 84.3 $
Cinema, 1 seat 6.07 $ 13.4 $
Haircut 4.76 $ 37.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 97.2 $ 191 $
Brand Jeans, Levis 501 82.5 $ 103 $

Childcare

Preschool, full day, monthly for 1 child 253 $ 2,156 $
International Primary School, yearly for 1 child 7,581 $ 36,628 $