Upscale hotels might cost 90-150 EUR per night. Booking in advance can secure better rates. Consider visiting during the shoulder season for deals. Off-peak travel generally offers lower prices. Always check reviews and locations carefully. Podgorica remains an excellent choice for. Summary of cost of living in Podgorica, Montenegro: The estimated monthly costs for a family of four are 2,579. Podgorica's city center is compact and very walkable. Pre-booking flights in high season. A typical traveler spends $158 (€134) per day on a trip to Podgorica. Montenegro is generally affordable compared to Western Europe, but can be pricier than some neighboring countries like Serbia and Bosnia.