Cost of living comparison
compared to
Herceg Novi vs. Madrid Cost of Living Summary
Herceg Novi is 37.8% cheaper than Madrid.
Herceg Novi vs. Madrid Cost Breakdown
If you lived in Herceg Novi instead of Madrid, you would:
pay 29.8% less for restaurants
|
Madrid
|
Herceg Novi
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.92
€15.99
|
$11.20
€9.99
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.20
€9.99
|
$8.96
€8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.30
€2.95
|
$2.52
€2.25
|
|
| Bottle of water (11 fl. oz) |
$2.30
€2.05
|
$1.60
€1.42
|
|
Madrid vs. Herceg Novi - Cost of restaurants
pay 33.7% less for groceries
|
Madrid
|
Herceg Novi
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.57
€1.40
|
$0.98
€0.87
|
|
| Local cheese (8 oz) |
$8.35
€7.45
|
$4.48
€4.00
|
|
| Milk (1 gallon) |
$5.25
€4.69
|
$4.45
€3.97
|
|
|
Eggs
1 dozen
|
$4.15
€3.70
|
$3.05
€2.72
|
|
| Boneless chicken breast (1 lb) |
$4.23
€3.77
|
$3.34
€2.98
|
|
| Apples (1 lb) |
$1.17
€1.05
|
$0.59
€0.53
|
|
| Bananas (1 lb) |
$0.96
€0.86
|
$0.69
€0.62
|
|
| Oranges (1 lb) |
$1.15
€1.03
|
$0.72
€0.65
|
|
| Tomatoes (1 lb) |
$1.16
€1.03
|
$1.34
€1.19
|
|
| Potatoes (1 lb) |
$1.00
€0.89
|
$0.41
€0.37
|
|
| Onions (1 lb) |
$0.97
€0.86
|
$0.58
€0.51
|
|
Madrid vs. Herceg Novi - Cost of groceries
pay 2.1% less for transportation
|
Madrid
|
Herceg Novi
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.88
€6.14
|
$6.58
€5.87
|
|
| Monthly public transit pass |
$36.95
€32.98
|
$44.79
€39.98
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,271.67
€31,481.31
|
$32,472.33
€28,982.79
|
|
| Taxi trip in downtown area (5 miles) |
$15.84
€14.14
|
$11.87
€10.59
|
|
Madrid vs. Herceg Novi - Cost of transportation
pay 56.2% less for housing
|
Madrid
|
Herceg Novi
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.86
€31.12
|
$33.87
€30.23
|
|
| 1-Bedroom apartment in downtown area |
$1,491.38
€1,331.11
|
$654.82
€584.45
|
|
| 1-Bedroom apartment outside city center |
$1,193.86
€1,065.57
|
$395.04
€352.59
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.11
€128.62
|
$102.30
€91.31
|
|
Madrid vs. Herceg Novi - Cost of housing
pay 48.9% less for childcare
|
Madrid
|
Herceg Novi
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$668.48
€596.65
|
$447.89
€399.76
|
|
| Middle school for 1 child, two semesters |
$17,859.91
€15,940.65
|
$6,970.35
€6,221.31
|
|
Madrid vs. Herceg Novi - Cost of childcare
pay 19.8% less for entertainment and sports
|
Madrid
|
Herceg Novi
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.92
€3.50
|
$2.80
€2.50
|
|
| Cappuccino in mid-range area |
$3.07
€2.74
|
$2.58
€2.30
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.72
€6.00
|
$3.92
€3.50
|
|
| Monthly membership at local gym |
$50.67
€45.22
|
$55.99
€49.97
|
|
| Movie ticket to theater/cinema |
$11.20
€9.99
|
$7.84
€7.00
|
|
Madrid vs. Herceg Novi - Cost of entertainment and sports
pay 19.1% less for clothing
|
Madrid
|
Herceg Novi
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$86.50
€77.20
|
$83.98
€74.96
|
|
|
Regular dress
from H&M or similar store
|
$42.98
€38.36
|
$33.59
€29.98
|
|
|
Running shoes
Nike or Adidas
|
$108.99
€97.28
|
$72.78
€64.96
|
|
| Men's business shoes (leather) |
$112.77
€100.65
|
$95.18
€84.95
|
|
Madrid vs. Herceg Novi - Cost of clothing
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this
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