Is Montenegro cheap to live? This question often arises among expats and retirees considering a move to this picturesque Balkan country. Montenegro, with its stunning coastlines, mountainous terrain, and rich history, offers a unique lifestyle that can be quite affordable compared to other European destinations. Let’s delve into the cost of living in Montenegro to determine if it truly is a budget-friendly option.
Montenegro’s cost of living varies depending on the city or town you choose to reside in. For instance, the capital city of Podgorica is generally more affordable than coastal cities like Budva and Kotor. Here are some key factors that contribute to the overall cost of living in Montenegro:
1. Housing
Housing costs in Montenegro are relatively low compared to other European countries. Renting an apartment in Podgorica can range from €200 to €500 per month, while in coastal towns, prices may be slightly higher, ranging from €300 to €800 per month. Buying property in Montenegro is also more affordable, with prices starting at around €40,000 for a small apartment and going up to several million euros for luxury homes.
2. Utilities
Utilities in Montenegro are quite reasonable. Electricity, water, and heating costs are generally lower than in Western Europe. For a one-bedroom apartment, you can expect to pay around €50 to €70 per month for utilities.
3. Groceries
Groceries in Montenegro are also more affordable than in many European countries. A monthly grocery budget of €100 to €150 can easily cover the needs of a single person or a small family. Local produce is abundant and often cheaper than imported goods.
4. Transportation
Public transportation in Montenegro is quite affordable. A monthly bus pass in Podgorica costs around €20, while a monthly train pass can be as low as €10. Taxis are also available and reasonably priced, with short rides within the city costing around €2 to €3.
5. Healthcare
Healthcare in Montenegro is another factor that contributes to its affordability. Public healthcare is free for citizens and residents, while private healthcare is also available at a reasonable cost. A visit to a doctor may cost around €10 to €20, and medication is generally affordable.
6. Entertainment
Entertainment options in Montenegro are diverse and budget-friendly. You can enjoy outdoor activities such as hiking, swimming, and exploring the beautiful beaches for free. Cultural events, concerts, and festivals are also held throughout the year, with many of them being free or low-cost.
In conclusion, Montenegro is indeed a cheap place to live, especially when compared to other European countries. The cost of housing, utilities, groceries, transportation, healthcare, and entertainment are all relatively low, making it an attractive destination for those looking for an affordable lifestyle. However, it’s essential to consider your personal needs and preferences when determining if Montenegro is the right place for you.
