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Podgorica, Montenegro

Cost of living · 2024 · Europe · Rent +6.4% vs 2023

1-Bed Rent EUR 420 per month
3-Bed Rent EUR 780 per month
Groceries EUR 260 per month
Transport Pass EUR 25 per month
Utilities EUR 85 per month
Restaurant Meal EUR 7 per person

Rent trend in Podgorica (2022–2026)

Cost breakdown in Podgorica (2024)

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Estimated monthly budget in Podgorica

Based on 2024 data. Includes rent, groceries, transport, utilities and occasional dining out.

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Single person
EUR 846
🏠 Rent EUR 420
🛒 Groceries EUR 260
🚌 Transport EUR 25
💡 Utilities EUR 85
🍽️ Dining out EUR 56
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Family (3–4 people)
EUR 1,675
🏠 Rent 3-bed EUR 780
🛒 Groceries EUR 650
🚌 Transport ×2 EUR 50
💡 Utilities EUR 111
🍽️ Dining out EUR 84

Other Europe cities (2024)

Frequently asked questions

What is the cost of living in Podgorica in 2024?

In 2024, a single person living in Podgorica needs approximately EUR 846/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around EUR 1,675/month. Podgorica is considered a affordable city by global standards.

How much is rent in Podgorica in 2024?

A 1-bedroom apartment in Podgorica costs approximately EUR 420/month in 2024. A 3-bedroom apartment runs around EUR 780/month. Rent has changed +6.4% vs 2023.

How much do groceries cost in Podgorica?

Monthly grocery costs for one person in Podgorica are approximately EUR 260 in 2024. This covers basic supermarket shopping including food and household essentials.

What does public transport cost in Podgorica?

A monthly public transport pass in Podgorica costs EUR 25 in 2024, covering unlimited bus, metro and tram travel within the city.

How much are utilities in Podgorica?

Monthly utility costs in Podgorica average EUR 85 in 2024, covering electricity, heating/cooling, water and internet for a standard apartment.

Is Podgorica expensive to live in?

Podgorica is located in Montenegro (Europe). With a 1-bed rent of EUR 420/month and total single-person expenses around EUR 846/month, it is affordable by global standards.

How much does eating out cost in Podgorica?

A typical restaurant meal for one person in Podgorica costs approximately EUR 7 in 2024. Budget around EUR 56/month if dining out a few times a week.

How have living costs in Podgorica changed over time?

LifeIndexed tracks cost of living data for Podgorica from 2022 to 2026. 1-bed rent has increased by 22% over this period (from EUR 370 in 2022 to EUR 451 in 2026). Use the year tabs above to compare costs across years.

What is the monthly budget needed to live comfortably in Podgorica?

To live comfortably in Podgorica in 2024, a single person needs approximately EUR 846/month. This covers rent (EUR 420), groceries (EUR 260), transport (EUR 25), utilities (EUR 85) and dining out occasionally. A family of 3–4 should budget around EUR 1,675/month.

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