Budget & Costs
What does Montenegro cost?
Montenegro uses the Euro — even though it is not an EU member. This makes price comparisons particularly easy for German travelers. Overall, the price level is 30–50% below that of Germany, with tourist hotspots (Kotor, Sveti Stefan, Budva) being more expensive than the hinterland.
Typical Prices (Guidelines 2025/2026)
| Item | Price (€) |
|---|---|
| Espresso in a café | 1.00–1.50 |
| Lunch (local restaurant) | 6–12 |
| Dinner in a restaurant | 12–25 |
| Beer (0.5l in a restaurant) | 2.00–3.50 |
| Beer (0.5l in a supermarket) | 0.80–1.50 |
| Supermarket shopping (1 day) | 8–15 |
| Hostel (dormitory) | 10–20 |
| Hotel (mid-range, double room) | 50–100 |
| Apartment (2 people) | 35–80 |
| Luxury hotel (5-star) | 150–500 |
| Bus Kotor–Budva | 3–5 |
| Bus Podgorica–Kotor | 8–12 |
| Rental car (per day) | 25–50 |
| Tara rafting (day tour) | 50–90 |
| Boat tour Bay of Kotor | 20–40 |
Budget Levels
Backpacker / Budget (30–50€ per day)
Hostels (10–20€) or camping (5–10€), self-catering from the supermarket, Ćevapi and Burek from the street (2–4€), local buses, free beaches instead of beach clubs. Montenegro has an excellent backpacker infrastructure: cheap hostels in Kotor, Budva, and Žabljak, street food on every corner, and many free activities (hiking, swimming, old towns). In the hinterland, prices are another 30% lower than on the coast.
Mid-range (60–120€ per day)
Apartments or 3-star hotels (40–80€), a mix of self-cooking and dining out, rental car or buses, occasional guided tours (rafting, boat tour). The most comfortable way to experience Montenegro. For 100€ per day, you get a nice apartment with a sea view, eat out twice, and can plan one activity per day.
Comfort / Luxury (150–400€+ per day)
Boutique hotels in Kotor or Perast (120–300€), fine dining in Budva, private boat tours in the bay, wine tastings, premium rental cars. Sveti Stefan (Aman Resorts) is among the most exclusive hotel addresses in the Mediterranean — with prices starting at 800€/night. But even beyond that, there are more and more stylish boutique hotels at reasonable prices.
Tipp
Montenegro's biggest saving hack: Eat where the locals eat. In the "Konoba" taverns away from the tourist trails, you get huge portions of grilled dishes, fresh fish, and homemade side dishes for 8–15€. In Kotor and Budva: the side streets instead of the main promenade — prices often halve within 50 meters.
Saving Tips
Montenegro inherently offers good value for money — with these strategies, it gets even better:
- Take advantage of the off-season: May/June and September/October offer perfect weather at prices 30–50% below the high season (July/August). Many hotels have special offers during this time.
- Apartments instead of hotels: On Booking.com and local portals, you can find apartments with kitchens from 30€/night. Cooking for yourself saves a lot — markets and supermarkets (Voli, Idea) are inexpensive.
- Street Food: Ćevapi (4–5 pieces for 3€), Burek (Börek, 1.50–2€), and Pljeskavica (grilled minced steak burger, 3–4€) are filling, delicious, and ubiquitous.
- Tap water on the coast: In most coastal towns, tap water is drinkable — a refillable bottle saves a lot of money over the trip.
- Buses instead of taxis: The bus network is cheap and connects all tourist spots. Kotor–Budva: 3€ by bus, 15–20€ by taxi.
- Free beaches: Most Montenegrin beaches are freely accessible. The paid beach clubs with loungers (5–15€ per lounger) are optional — there is almost always a free beach section next to them.
- Kotor Fortress in the afternoon: The climb to the San Giovanni Fortress costs 8€ entrance during the day. In the off-season and from late afternoon, access is often free — and the light is better anyway.
- Wine from the winery: Montenegrin wine (especially Vranac) is dirt cheap directly from the producer — a bottle from 3–5€. In restaurants, you pay three times as much.
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