Cost of living in Kolasin
Kolasin, a picturesque town in Montenegro, offers a unique blend of natural beauty and cultural heritage. Understanding the cost of living here is crucial for anyone considering relocation or planning an extended stay.
This guide provides a detailed breakdown of expenses in Kolasin, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5.27 on average, with a range between $5.27 and $21.07.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $26.34, with prices ranging from $26.34 to $105.37.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.96, with a range between $8.43 and $9.48.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.11 to $4.21, imported beer $2.11 to $4.21, cappuccino $1.37 to $3.69, and Coke/Pepsi $1.05 to $2.63.
Grocery Prices
- Milk - Milk is priced between $1.05 and $1.84 per liter, averaging $1.37.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.84 and $1.05, with an average price of $1.
- Eggs (Dozen) - A dozen eggs range from $2.64 to $3.79, averaging $3.19.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.84 to $2.11 per kg, while oranges range from $1.37 to $2.11 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.05 and $2.32 per kg, and lettuce costs $2.11 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.51 and $1.69 per liter.
- Taxi Fares - Taxi fares start at $1.05, with a cost of $1.05 to $2.11 per km and $10.54 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $368.78.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $263.42.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $526.83.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $421.47.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $2107.33.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $1580.5.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $84.29 and $140.74, averaging $84.29.
- Internet - Internet services range from $23.18 to $42.15, with an average cost of $26.34.
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"
Kolasin offers a relatively affordable cost of living compared to larger cities. Dining out is particularly economical, with inexpensive meals widely available.
Housing costs are moderate, especially outside the city centre, making it an attractive option for those seeking budget-friendly accommodation.
Transportation and utilities are reasonably priced, contributing to the overall affordability of living in Kolasin.
Conclusion
In conclusion, Kolasin presents a cost-effective living environment with its affordable dining, moderate housing costs, and reasonable utility expenses.
This makes it an appealing destination for individuals and families looking to enjoy a high quality of life without the high costs associated with larger urban areas.