Montenegro, Podgorica

Country Full Name: Republic of Montenegro.

Location: Montenegro is in South Eastern Europe, between the Adriatic Sea and Serbia.

Country Climate: Mediterranean climate, hot dry summers and autumns and relatively cold winters with heavy snowfalls inland.

Country Terrain: Highly indented coastline with narrow coastal plain backed by rugged high limestone mountains and plateaus.

Major Languages: Christianity, Islam.

Major Religions: Serbian, Montenegrin.

Population: 0.186 Mil (2012 est.).

Country Economy: The economy of Montenegro is mostly service-based and is in late transition to a market economy.

Currency: Euro (EUR).

Inflation: 3.1% (2011 est.).

Podgorica is the capital and largest city of Montenegro.

Podgorica is the administrative centre of Montenegro. Most of Montenegro's industrial, financial and commercial base is in Podgorica.

The cost of living in Podgorica in Montenegro is in the middle compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Podgorica in Montenegro is currently ranked 393 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are very high compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 125 places that are more expensive, and 654 places that are less expensive for alcohol and or tobacco.

Clothing costs are low compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 605 places that are more expensive, and 174 places that are less expensive for clothing.

Communication costs are very low compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 648 places that are more expensive, and 131 places that are less expensive for communication.

Education costs are very low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 623 places that are more expensive, and 156 places that are less expensive for education.

Furniture & Appliance costs are low compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 585 places that are more expensive, and 194 places that are less expensive for furniture and appliances.

Grocery costs are very low compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 684 places that are more expensive, and 95 places that are less expensive for groceries.

Healthcare costs are low compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 545 places that are more expensive, and 234 places that are less expensive for healthcare.

Household Accommodation costs are high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 156 places that are more expensive, and 623 places that are less expensive for household accommodation.

Miscellaneous costs are high compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 242 places that are more expensive, and 537 places that are less expensive for miscellaneous items.

Personal Care costs are low compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 544 places that are more expensive, and 235 places that are less expensive for personal care.

Recreation and Culture costs are low compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 500 places that are more expensive, and 279 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very low compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 636 places that are more expensive, and 143 places that are less expensive for restaurants, meals out and hotels.

Transport costs are high compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 208 places that are more expensive, and 571 places that are less expensive for transport.

Personalized cost of living indexes for Podgorica in Montenegro are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Podgorica in Montenegro is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Podgorica in Montenegro are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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