Cost of living in Igalo
Igalo, a charming coastal town in Montenegro, offers a unique blend of natural beauty and cultural richness. Understanding the cost of living here is crucial for anyone considering a move or an extended stay.
This guide provides a detailed breakdown of expenses in Igalo, covering everything from dining and groceries to transportation and housing, helping you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.43 on average, with a range between $8.34 and $15.64.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $33.9, with prices ranging from $26.07 to $57.36.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.34, with a range between $8.34 and $10.43.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.04 to $4.17, imported beer $1.56 to $4.17, cappuccino $1.04 to $5.21, and Coke/Pepsi $0.89 to $6.26.
Grocery Prices
- Milk - Milk is priced between $1.03 and $2.09 per liter, averaging $1.16.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.63 and $2.09, with an average price of $0.82.
- Eggs (Dozen) - A dozen eggs range from $2.38 to $3.75, averaging $2.82.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.82 to $1.56 per kg, while oranges range from $0.73 to $3.13 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.83 and $1.25 per kg, and lettuce costs $0.52 to $3.13 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.49 and $1.77 per liter.
- Taxi Fares - Taxi fares start at $2.09, with a cost of $0.83 to $1.25 per km and $10.43 to $15.64 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $83.44 and $177.31, averaging $110.91.
- Internet - Internet services range from $15.64 to $33.38, with an average cost of $23.99.
Cost of Living Rankings
The cost of living indices for Montenegro are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Montenegro, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Igalo offers a relatively affordable cost of living compared to many Western European cities, particularly in dining and grocery expenses.
Transportation costs are moderate, with gasoline prices being a significant factor for those who drive.
Utilities are reasonably priced, but housing data is currently unavailable, which is a crucial component for potential residents to consider.
Conclusion
In conclusion, Igalo presents a cost-effective living environment with affordable dining and grocery options.
While transportation and utility costs are manageable, the lack of detailed housing data suggests further research is needed for those considering relocation.
Overall, Igalo's cost of living is attractive for those seeking a balance between affordability and quality of life in a picturesque setting.