Wages and prices › Montenegro
Montenegro: a wage buys 15.8% more than in 2019
Prices are 42.3% higher than in August 2019. The average gross wage rose 60.0% between the second quarter of 2019 and the second quarter of 2026, while prices rose 38.2% over the same quarters. Wages have more than caught up.
How much have prices risen since 2019?
Prices in Montenegro are 42.3% higher than in August 2019. What cost €100 then costs €142.35 now.
Price rise since August 2019, by what people buy. The red mark is all items, +42.3%.
- Restaurants and hotels+62.7%
- Food and soft drinks+55.9%
- Leisure and culture+44.5%
- Transport+40.5%
- Health+39.4%
- Alcohol and tobacco+39.3%
- Personal care and other+39.1%
- Furniture and household goods+30.8%
- Housing and energy+25.7%
- Clothing and shoes+21.3%
- Insurance and finance+11.7%
- Education+9.7%
- Phone and internet+8.8%
Have wages kept up?
The average gross wage rose 60.0% between the second quarter of 2019 and the second quarter of 2026. Prices rose 38.2% over the same quarters, so a wage buys 15.8% more than in 2019.
Gross wages: the Europe Now tax changes of 2022 and 2024 moved net wages, not gross pay.
How does Montenegro compare with its neighbours?
- European UnionPrices +30.0%, wages +30.0%, a wage buys +0.1%
- MontenegroPrices +38.2%, wages +60.0%, a wage buys +15.8%
- CroatiaPrices +39.2%, wages +77.4%, a wage buys +27.4%
- SerbiaPrices +48.7%, wages +127.7%, a wage buys +53.2%
- AlbaniaPrices +26.9%, wages +75.0%, a wage buys +38.0%
- Kosovo2025Prices +28.0%, wages +49.5%, a wage buys +16.8%
Work out your own inflation
Your prices depend on what you buy. Put in what you spend each month and see your own rate beside the official one: your inflation in Montenegro.
Sources and method
Prices: Eurostat, HICP (prc_hicp_minr), August 2026 against August 2019. Wages: MONSTAT, earnings (wages), average gross wage, companies with 10 or more employees, the second quarter of 2026 against the second quarter of 2019. For the comparison, prices are the average of the same months. The figures are as published on 6 October 2026.