Cost of living in Montenegro
The cost of living in Montenegro runs at about half of US prices, and the official poverty line for a person living alone was €4,868 a year in 2025.
Official prices, where your money goes further, and a budget built from your own rent and insurance. Checked against official sources on Oct 8, 2026.
- Price level
- ~50% of the US Household consumption, 2025. World Bank. Checked Oct 7, 2026.
- Poverty line, Montenegro
- €406/mo (about $450) Official, household of 1, 2025 survey. MONSTAT. Checked Oct 8, 2026.
- Tax on a foreign pension
- 0% Pensions are not taxed. Personal Income Tax Law; PwC Tax Summaries; IRS. Checked Oct 8, 2026.
Build your Montenegro budget
No official source tracks what expats pay in rent, and rent is the biggest line in any budget. So this starts from what is measured, the government's poverty line, and adds your own numbers.
Get rent from current listings in the area you like and a written quote for health insurance at your age.
Your monthly budget
$0
The official poverty line
The Statistical Office of Montenegro publishes an at-risk-of-poverty threshold every year: 60% of the median disposable income. For a person living alone it was €4,868 a year in 2025 (preliminary), shown here as a month; for two adults and two children under 14 it was €10,222. It is one national figure, not set by city.
| Area | 2025 survey |
|---|---|
| Montenegro (national threshold) | €406 (about $450) |
MONSTAT. Checked Oct 8, 2026.
Cost of living questions
How much do I need a month to live in Montenegro?
It depends mostly on rent, which no official source tracks for expats. Add your rent and insurance quotes in the calculator above.
Is Montenegro cheaper than the US?
On average, yes: the World Bank puts household prices in Montenegro at about 50% of US levels (2025). Imported goods, cars and electronics can cost as much as at home or more.
Is Montenegro affordable for retirees?
Prices in Montenegro run at about half of US levels. The official poverty line for a person living alone was €4,868 a year in 2025, about €406 a month.
Is Kotor, Budva or Podgorica cheaper to live in?
No official cost figure is published by city. Montenegro's poverty line is one national figure, €4,868 a year for a person living alone in 2025.
