Cost of Living in Podgorica vs Palma de Mallorca

Cost of living in Podgorica is 32% lower than in Palma de Mallorca (without rent).

Rent in Podgorica is 49% cheaper than in Palma de Mallorca.

Cost of living including rent in Podgorica is 42% lower than in Palma de Mallorca.

Food in Podgorica is 23% cheaper than in Palma de Mallorca.

Transport in Podgorica is 72% cheaper than in Palma de Mallorca.

Podgorica vs. Palma de Mallorca Comparision

Podgorica Palma de Mallorca
Cost of Living, including rent
1,035 $
1,783 $
Without Rent
484 $
709 $
Rent & Utilities
551 $
1,074 $
Food
353 $
460 $
Transport
35 $
124 $
Monthly Salary, after tax
929 $
1,714 $
Quality of Life
62
76
Population
151.0K
423.0K

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Podgorica Palma de Mallorca

Restaurants

Lunch menu,
inexpensive restaurant
8.93 $ 17.2 $
Dinner, for 2 42.1 $ 49.2 $
Fast food, McDonalds or KFC 8.28 $ 12.9 $
Beer, 0.5 L or 16 fl oz 2.46 $ 4.63 $
Capuccino 2.04 $ 3.5 $
Coke, 330ml 2.18 $ 2.92 $

Markets

Milk, 1 L or 1 qt 1.35 $ 1.12 $
Bread, 0.5 kg or 1 lb 0.96 $ 1.51 $
Rice, 1 kg or 2 lb 2.46 $ 1.54 $
Eggs, 12 pack 3.06 $ 3.5 $
Cheese, 1 kg or 2 lb 8.19 $ 16.5 $
Chicken Breast, 1 kg or 2 lb 8.28 $ 9.61 $
Round Steak, 1 kg or 2 lb 12.3 $ 14.8 $
Apples, 1 kg or 2 lb 1.34 $ 2.2 $
Banana, 1 kg or 2 lb 1.92 $ 2.08 $
Oranges, 1 kg or 2 lb 1.46 $ 1.65 $
Potatoes, 1 kg or 2 lb 1.01 $ 1.63 $
Onions, 1 kg or 2 lb 1.26 $ 1.96 $
Water, 1 L or 1 qt 0.51 $ 0.42 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.47 $ 2.4 $
Wine, 750 mL bottle 5.62 $ 8.52 $
Beer, 0.5 L or 16 fl oz 1.05 $ 1.2 $
Cigarette pack 4.04 $ 6.14 $

Transport

Local transport ticket, One-way Ticket 0.99 $ 2.22 $
Monthly pass, Monthly Ticket 33.7 $ 39.5 $
Gas or petrol, 1 L or 0.26 gal 1.65 $ 1.87 $
Taxi, 8 km 6.95 $ 27.7 $

Personal Care

Doctor visit, private clinic 33.2 $ 51.3 $
Cold medicine, for 1 week 8.1 $ 5.73 $
Hair shampoo, 400 ml or 12 oz 3.8 $ 3.37 $
Toilet paper, 4 rolls 1.98 $ 1.93 $
Toothpaste, 1 tube 2.69 $ 2.45 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
70.2 $ 133 $
Utility bill - family,
electricity, heating, water & garbage
107 $ 202 $
Internet plan,
+60 Mbps
29.9 $ 38.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 424 $ 859 $
3 Bedroom Apartment, outside of center, 85 sq.m 801 $ 1,398 $
1 Bedroom Apartment, in city center, 40 sq.m 557 $ 1,073 $
3 Bedroom Apartment, in city center, 85 sq.m 1,084 $ 1,758 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,465 $ 5,320 $
Price per Square Meter to Buy House, in suburbs 1,937 $ 3,154 $

Salaries and Financing

Average Monthly Net Salary, after tax 929 $ 1,714 $
Mortgage Interest Rate, for 20 years fixed-rate 6.04 % 3.54 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 41.7 $ 55.8 $
Cinema, 1 seat 6.07 $ 8.58 $
Haircut 4.76 $ 15.9 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 97.2 $ 98 $
Brand Jeans, Levis 501 82.5 $ 89.3 $

Childcare

Preschool, full day, monthly for 1 child 253 $ 680 $
International Primary School, yearly for 1 child 7,581 $ 13,417 $