Montenegro
Southern Europe / Balkans · Europe
Population
624K
GDP (Nominal)
$8.07B
Capital City
Podgorica
Currency
EUR (Euro)
Avg Salary
$1171/mo
Region
Southern Europe / Balkans
Livability Index 2026
42.7/100
Cost of Living
16/100
Avg Salary
64/100
Safety
48.7/100
Healthcare
50/100
Education
63/100
Overall Livability
Institutional Summary
Montenegro is a small, stunning Balkan nation known for its rugged mountains, medieval villages, and a narrow strip of spectacular beaches along its Adriatic coastline. It is increasingly popular among expats and digital nomads.
Cost of Living
Monthly Rent (1BR)$500
Monthly Groceries$250
Monthly Transport$30
Utilities & Internet$135
Estimated Total Monthly
$915 /person
AI Algorithm Summary
Major Strengths
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • High unemployment rate (11.5%)
Economic Performance
📊 GrowingGDP Per Capita
$12,932
Inflation Rate
3.5%
Unemployment
11.5%
5-Year GDP Trend
Migration & Visa
Digital Nomad Visa
Temporary Residence Permit
Type D (Long-Stay)
Visa Difficulty
2/10
PR Eligibility
Permanent residency requires 5 years of continuous legal temporary residence
Employment Landscape
Avg Monthly Salary
$1,171
Trending
Top Performing Industries
Tourism
Energy (Hydroelectric)
Agriculture
Real Estate
Social Indicators
Life Expectancy
76.8 Yrs
Literacy Rate
99%
Top Universities (QS Rank)
University of Montenegro#
Compare Montenegro
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