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. Montenegro is in South Eastern Europe, between the Adriatic Sea and Serbia. The climate is mediterranean with hot dry summers and autumns and relatively cold winters with heavy snowfalls inland. The official languages are Montenegrin, Serbian, Bosniak, Albanian, and Croatian. Montenegrin is considered to be a dialect of Serbo-Croat. Both the Cyrillic and Latin scripts are used. The Latin script is more likely to predominate in central and southern areas. Cyrillic is largely used in the north and more recently in the coastal areas, because of tourists from Russia. The main religions are Christianity and Islam. The economy of Montenegro is mostly service-based and is in late transition to a market economy. Montenegrins are warm, sociable people and are welcoming to expatriates. Expatriate business dress for men typically comprises a suit and tie, and for women a suit or a modest dress. The security risk for expatriates in Montenegro is medium. Risks include petty theft and opportunistic crime, including pickpocketing and bag-snatching. The currency of Montenegro is the Euro (EUR). Credit cards are widely accepted throughout the country. Medical facilities are good, however the cost of treatment for expatriates from outside the EU can be high. The population of Podgorica is 187,100 (2019 est.), while the inflation rate (CPI) is -0.2% for Montenegro as at September 2019. Xpatulator Hypothetical Tax for Montenegro is based on the current personal income tax rate which is a flat rate of 9%.
Cost Of Living
The cost of living for expatriates / professional migrants in We have collected prices for the same items, world wide, based on Expat spending norms, in or closest to the location, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Podgorica is as follows: Podgorica as at 1 November 2019 is very low in comparison to other places in the world. 1) Alcohol and/or Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$590. Average price in a store for a midrange bottle of wine is USD$4.41, domestic/local beer (500ml) USD$1.01, imported/international beer (330ml) USD$1.45 and a pack of 20 cigarettes is USD$3.41. 2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$910. Average price for an international brand of mens jeans is USD$66, a quality international brand of running shoes USD$79, mens leather shoes suitable for office wear USD$95 while a medium size international summer dress from a global chain store is USD$34. 3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$178. Average price for a monthly standard plan internet subscription is USD$27, while the benchmark mobile tariff is USD$0.14 per minute. 4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$18300. Average annual private international school fee (excluding extras) USD$11,829 for Primary School, and USD$13,163 for High School. 5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$2000. Average price for a 6kg front loader Washing Machine is USD$685, and USD$588 for a 46+'' LED UHD TV. 6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$510. Average grocery prices in a major international retail store for 1 kg apples is USD$0.89, 1 kg oranges USD$1.07, 1 head lettuce USD$0.80, 1 kg potatos USD$0.56, 1 kg boneless, skinless, chicken breast USD$5.77, 1 kg cheddar cheese USD$5.11, 1 dozen large eggs USD$1.68, 500g loaf white bread USD$0.56, 1 L full cream milk USD$0.84, and 1.5 L water USD$0.68. 7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$510. Average healthcare cost for a private practice Doctor visit for an uninsured patient is USD$41, and a private hospital stay per day including nursing care, medications, diagnostic tests, food, and related costs is USD$1,261. 8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$1950. Average expatriate house / apartment rent for a secure upmarket unfurnished apartment (3 bedrooms) is USD$1,589 in a central location, and USD$956 in a suburban location, per month, excluding utilities. 9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$350. Average price for dry cleaning (1 mens 2 pc suit) is USD$6.78, while an international newspaper is USD$2.09. 10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$270. Average cost for a mens haircut and blow dry is USD$22, while a womens hair colour, cut and blow dry - medium length is USD$109. 11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$230. Average price for a latest release international cinema ticket (average of on and off peak where applicable) for one adult is USD$5.23, and an international fitness, recreation or sports club membership cost for one adult is USD$33 per month. 12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$460. Average cappuccino price (regular, medium) is USD$1.55, coke/pepsi (330ml) USD$1.85, burger meal (international franchise or similar) USD$3.30, and a mid-range international restaurant meal for 2 USD$27.54. 13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$730. Average average price over the last year for highest available octane petrol / gasoline (1L) is USD$1.49, while the benchmark car sedan purchase price including taxes/duties for a compact / small / economy vehicle (1.4 L) is USD$17,626. Podgorica is -21.4% cheaper than Houston TX for groceries, -9.3% cheaper for household costs than Kuala Lumpur, and 23% more expensive for transport costs than Dubai. The hardship premium for Podgorica for an expat from Perth, is for example 20%, i.e. host location (Podgorica) premium of 30% minus home (Perth) location premium of 10%. Podgorica is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Podgorica? Register subscribe to your home location and Podgorica and run your personalised reports.