Moving to Montenegro from Iceland

moving to

What to Expect

Considering a move from Iceland to Montenegro? Here's how the two compare on cost, climate, safety, and more.

If you moved from Iceland to Montenegro, you would find that Montenegro is 58.9% cheaper than Iceland overall. A ISK9,200,000 salary in Iceland would need to be roughly €27,600 in Montenegro to maintain the same lifestyle, and you’d need to navigate life in Montenegrin. Expect a noticeable climate shift — Podgorica averages 69°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

A breakdown of how everyday costs differ between Iceland and Montenegro.

What does your salary buy?

ISK9,200,000 → €27,600

To maintain the same standard of living in Montenegro

Calculate with your salary →

How key spending categories compare

Restaurants

pay 56.5% less

Groceries

pay 57.3% less

Transportation

pay 40.6% less

Housing

pay 66.3% less

Childcare

pay 66.9% less

Entertainment and Sports

pay 62.9% less

See full cost of living breakdown
Exchange rate: 1 ISK = 0.0073 EUR (October 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Key Indicator Comparison

The numbers behind daily life in Montenegro compared to Iceland.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

IS
1.3
ME
0.8
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

IS
2.4
ME
9.1

Iceland generally does better on safety, though Montenegro leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
ME
$2,908
Doctors per 10,000 people World Bank, 2023

affects wait times and access to care

IS
43.7
ME
27.8

Montenegro generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

IS
8.0
ME
60.0

Iceland performs better than Montenegro across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

IS
37.5
ME
32.3
Electricity per capita World Bank, 2024

annual consumption — reflects grid capacity

IS
48,998 kWh
ME
4,564 kWh

Iceland performs better than Montenegro across all infrastructure metrics.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

IS
3.6%
ME
13.6%
GDP per capita World Bank, 2025

a broad measure of economic output per person

IS
$98,323
ME
$14,817

Iceland generally does better on employment & economy, though Montenegro leads in top income tax rate.

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

IS
82.8 yrs
ME
77.9 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

IS
2.1
ME
1.9

Iceland generally does better on family life, though Montenegro leads in infant mortality.

Sources: World Bank (2017–2025), United Nations SDG Indicators (2019–2021), World Health Organization (2024), Directorate of Internal Revenue (2016), Department of Public Revenues, Montenegro (2016). How we calculate this

What's the Climate Like?

Monthly averages — select a city to compare.

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Podgorica Rain: 65.4 in/yr (1661 mm)
69° / 51°F

Avg. annual high / low

Months Reykjavik Podgorica
Jan–Mar 37°/28°F (3°/-2°C) 53°/38°F (12°/3°C)
Apr–Jun 48°/38°F (9°/4°C) 75°/56°F (24°/13°C)
Jul–Sep 54°/45°F (12°/7°C) 86°/66°F (30°/19°C)
Oct–Dec 39°/31°F (4°/-1°C) 61°/45°F (16°/7°C)
View all months
Month Reykjavik Podgorica
Jan 35°/27°F (1.9°/-3.0°C) 49°/35°F (9.5°/1.4°C)
Feb 37°/28°F (2.8°/-2.1°C) 52°/38°F (11.3°/3.1°C)
Mar 38°/28°F (3.2°/-2.0°C) 59°/42°F (15.1°/5.8°C)
Apr 42°/33°F (5.7°/0.4°C) 66°/48°F (19.1°/9.1°C)
May 49°/38°F (9.4°/3.6°C) 76°/56°F (24.3°/13.5°C)
Jun 53°/44°F (11.7°/6.7°C) 83°/63°F (28.2°/17.3°C)
Jul 56°/47°F (13.3°/8.3°C) 89°/69°F (31.8°/20.3°C)
Aug 55°/46°F (13.0°/7.9°C) 89°/68°F (31.7°/20.2°C)
Sep 50°/41°F (10.1°/5.0°C) 81°/62°F (27.3°/16.5°C)
Oct 44°/36°F (6.8°/2.2°C) 71°/53°F (21.7°/11.6°C)
Nov 38°/30°F (3.4°/-1.3°C) 60°/44°F (15.4°/6.8°C)
Dec 36°/27°F (2.2°/-2.8°C) 52°/37°F (11.1°/2.9°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office, Institute of Hydrometeorology and Seismology Institute of Hydrometeorology and Seismology

Visitor Visa Requirements

Short-stay tourist visa rules between Iceland and Montenegro. To live, work, or study long-term in Montenegro, you'll need a separate residence or work visa — check Montenegro's immigration authority.

Iceland passport

Iceland passport holder visiting Montenegro

Visa Free
Iceland passport holders can enter Montenegro without a visa.
Montenegro passport

Montenegro passport holder visiting Iceland

Visa Free
Montenegro passport holders can enter Iceland without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Montenegro than Iceland?

On average Montenegro is about 59% less expensive than Iceland, with major cities narrowing the gap.

How much money do I need to move to Montenegro?

Budget about €6,900 for 3 months in Montenegro (based on a ISK9,200,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Montenegro?

Connectivity is usually fine (Montenegro: 32.3 fixed broadband per 100). What actually decides it is legal: does Montenegro offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Montenegro safe for expats?

Iceland generally does better on safety, though Montenegro leads in homicide rate. The homicide rate in Montenegro is 0.8 per 100,000 people, compared to 1.3 in Iceland.

How is healthcare in Montenegro compared to Iceland?

Montenegro generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people. There are 27.8 doctors per 10,000 people in Montenegro, compared to 43.7 in Iceland. Montenegro scores 72 on the WHO universal health coverage index (Iceland: 89).

What's the weather like in Montenegro compared to Iceland?

The average high temperature in Podgorica is 69°F, compared to 45°F in Reykjavik. Podgorica receives around 65.4 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Montenegro?

The official language in Montenegro is Montenegrin. In Iceland, the official language is Icelandic.

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At a Glance

IS ME
Population 392,404 623,129
Currency Icelandic Króna (ISK) Euro (€)
Languages Icelandic Montenegrin
Driving side Right Right
Calling code +354 +382
Time zones 1 1
Emergency number 112 112