Cost of living comparison
Podgorica is 30.8% cheaper than Iceland.
If you lived in Podgorica instead of Iceland, you would:
pay 40.9% less for restaurants
Iceland
|
Podgorica
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,491
|
$7.48
€6.94
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,992
|
$4.95
€4.59
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK324
|
$1.97
€1.83
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$1.59
€1.47
|
|
pay 38.9% less for groceries
Iceland
|
Podgorica
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$0.86
€0.80
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$3.56
€3.30
|
|
Milk (1 gallon) |
$5.33
ISK744
|
$4.99
€4.63
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$2.77
€2.58
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK991
|
$3.46
€3.21
|
|
Apples (1 lb) |
$1.16
ISK162
|
$0.57
€0.53
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.79
€0.74
|
|
Oranges (1 lb) |
$1.17
ISK164
|
$0.61
€0.57
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$1.00
€0.93
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.42
€0.39
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.59
€0.55
|
|
pay 40.7% less for transportation
Iceland
|
Podgorica
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,122
|
$6.24
€5.80
|
|
Monthly public transit pass |
$77.40
ISK10,808
|
$32.98
€30.63
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,166,415
|
$27,486.24
€25,525.10
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,347
|
$5.94
€5.51
|
|
pay 42.4% less for housing
Iceland
|
Podgorica
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,714
|
$29.23
€27.14
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,683
|
$441.52
€410.01
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,750
|
$325.02
€301.83
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,583
|
$86.56
€80.39
|
|
pay 42.0% more for childcare
Iceland
|
Podgorica
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,215
|
$186.91
€173.57
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK384,024
|
$5,827.08
€5,411.32
|
|
pay 57.7% less for entertainment and sports
Iceland
|
Podgorica
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,190
|
$2.20
€2.04
|
|
Cappuccino in mid-range area |
$4.15
ISK580
|
$1.68
€1.56
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,485
|
$3.85
€3.57
|
|
Monthly membership at local gym |
$56.90
ISK7,946
|
$36.48
€33.88
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,714
|
$5.50
€5.11
|
|
pay 37.2% less for clothing
Iceland
|
Podgorica
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,488
|
$80.02
€74.31
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,036
|
$35.04
€32.54
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,102
|
$84.38
€78.36
|
|
Men's business shoes (leather) |
$175.20
ISK24,465
|
$101.39
€94.16
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Podgorica or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.