×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Expat Exchange - Cost of Living in Korcula 2024
Expat Exchange
Free MembershipSign In


Cost of Living in Korcula

By Betsy Burlingame

GeoBlue
GeoBlue

Summary: If you're moving to Korcula, understanding the the cost of living in Korcula helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Category Cost
Apartment Rentals
  • 1-bedroom apartment in the city center: $400 - $600 per month
  • 1-bedroom apartment outside the city center: $300 - $500 per month
  • 3-bedroom apartment in the city center: $800 - $1,200 per month
  • 3-bedroom apartment outside the city center: $600 - $1,000 per month
Apartment Purchases
  • Price per square meter in the city center: $2,000 - $3,000
  • Price per square meter outside the city center: $1,500 - $2,500
Transportation
  • One-way local transportation ticket: $1.50 - $2.00
  • Monthly public transportation pass: $40 - $60
  • Taxi starting tariff: $2.50 - $3.50
  • Taxi per kilometer: $1.00 - $1.50
  • Gasoline (1 liter): $1.40 - $1.60
Groceries
  • Milk (1 liter): $0.80 - $1.20
  • Bread (500g): $0.50 - $1.00
  • Rice (1kg): $1.00 - $2.00
  • Eggs (12): $2.00 - $3.00
  • Cheese (1kg): $5.00 - $10.00
  • Chicken breasts (1kg): $5.00 - $8.00
  • Beef round (1kg): $7.00 - $12.00
  • Apples (1kg): $1.00 - $2.00
  • Bananas (1kg): $1.00 - $2.00
  • Oranges (1kg): $1.00 - $2.00
  • Tomatoes (1kg): $1.00 - $2.00
  • Potatoes (1kg): $0.50 - $1.00
  • Water (1.5-liter bottle): $0.50 - $1.00
  • Bottle of wine (mid-range): $5.00 - $10.00
  • Domestic beer (0.5-liter bottle): $1.00 - $2.00
  • Imported beer (0.33-liter bottle): $1.50 - $2.50
Restaurants
  • Meal at an inexpensive restaurant: $6.00 - $10.00
  • Meal for two at a mid-range restaurant: $30.00 - $50.00
  • Domestic beer (0.5-liter draught): $2.00 - $3.00
  • Imported beer (0.33-liter bottle): $2.50 - $4.00
  • Cappuccino: $1.50 - $2.50
  • Water (0.33-liter bottle): $1.00 - $2.00
Utilities
  • Basic utilities (electricity, heating, cooling, water, garbage) for an 85m2 apartment: $100 - $200 per month
  • Internet (60 Mbps or more, unlimited data, cable/ADSL): $20 - $40 per month
Private School Tuition
  • Preschool: $300 - $500 per month
  • Elementary School: $400 - $800 per month
  • Middle School: $500 - $1,000 per month
  • High School: $600 - $1,200 per month
Please note that these costs are approximate and can vary depending on various factors such as location, time of year, and individual preferences. It is always recommended to research and compare prices before making any decisions.

Monthly Budget for Retirees in Korcula

"The cost of living in Korcula is considered to be relatively affordable compared to many other European destinations. Rent for a one-bedroom apartment in the city center can be quite reasonable, while outside the city center, it can be even cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite low.When it comes to groceries, local markets offer fresh produce at affordable prices. Eating out at an inexpensive restaurant is also quite affordable, while a three-course meal for two people at a mid-range restaurant can be a bit more expensive. Public transportation is not very expensive, but owning and maintaining a car can add to your monthly expenses. Gasoline prices are relatively high compared to other countries. Healthcare is generally affordable, especially if you are covered by the national health insurance. However, private healthcare can be more expensive. Overall, the cost of living in Korcula is lower than in many Western European countries, but it is higher than in some other parts of Croatia. It's important to note that the cost of living can vary greatly depending on your lifestyle and spending habits," said one expat living in Korcula.

Can I live in Korcula on $1,500 a month?

"I've been living in Korcula for a while now, and I can tell you that it's possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find an affordable place to live. I recommend looking for apartments in neighborhoods like Lumbarda or Vela Luka, where the cost of living is lower compared to the Old Town area. You can find a decent one-bedroom apartment for around $500-$600 a month in these areas.Next, you'll need to be mindful of your spending on groceries and eating out. Shopping at local markets and cooking at home can save you a lot of money. Eating out can be quite expensive, especially in touristy areas, so try to limit that to special occasions or when you have guests visiting.Transportation costs can also add up, so consider using public transportation or walking whenever possible. Owning a car can be expensive due to fuel costs, insurance, and maintenance, so it's best to avoid that if you can.As for entertainment and leisure activities, there are plenty of affordable options in Korcula. You can enjoy the beautiful beaches, hiking trails, and historical sites without spending much money. However, you might have to cut back on more expensive activities like boat tours or wine tasting experiences.In terms of modern amenities, you'll find that most places in Korcula have reliable internet and access to healthcare services. However, you might have to compromise on things like gym memberships or high-end shopping, as these can be quite expensive.Overall, living on $1,500 a month in Korcula is doable, but you'll need to be mindful of your spending and make some sacrifices in terms of housing, transportation, and entertainment," commented an expat living in Korcula.

Can I live in Korcula on $3,500 a month?

"I've been living in Korcula for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make some sacrifices to make it work. For example, you might need to choose a smaller apartment or live a bit further from the city center to save on rent. In terms of affordable neighborhoods, I'd recommend looking into places like Lumbarda or Zrnovo. These areas are a bit more budget-friendly, and you can still find some nice apartments with modern amenities. On the other hand, I'd avoid neighborhoods like Korcula Old Town or Vela Luka, as they tend to be more expensive due to their popularity and proximity to tourist attractions.Another thing to consider is transportation. If you're used to having a car, you might need to rely more on public transportation or even consider getting a bike to save on expenses. Gas prices can be quite high in Croatia, so cutting back on driving can make a big difference in your budget.Eating out can also be a bit pricey, especially in touristy areas. To save money, I'd recommend cooking at home more often and shopping at local markets for fresh produce. You can still enjoy the local cuisine by trying out more affordable restaurants or street food options.Overall, living in Korcula on $3,000 a month is doable, but you'll need to be mindful of your spending and make some adjustments to your lifestyle. By choosing a more affordable neighborhood, cutting back on transportation costs, and cooking at home more often, you can enjoy a comfortable life in this beautiful Croatian island," said one expat living in Korcula.

Can I live in Korcula on $5,000 a month?

"I've been living in Korcula for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, especially if you're used to modern amenities. However, there might be some sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll want to avoid the more expensive neighborhoods like Korcula Old Town, which is a popular tourist destination and has higher rental prices. Instead, consider more affordable areas like Lumbarda or Vela Luka, where you can find reasonably priced apartments or houses.When it comes to transportation, owning a car can be quite expensive due to fuel costs and maintenance. I'd recommend using public transportation or even renting a scooter, which is a popular and affordable way to get around the island.Eating out can also add up quickly, so I'd suggest cooking at home more often and taking advantage of the local markets for fresh produce and seafood. However, there are still affordable restaurants and cafes where you can enjoy a meal without breaking the bank.As for entertainment, there are plenty of free or low-cost activities to enjoy on the island, such as hiking, swimming, and exploring the beautiful beaches and historic sites. You might have to cut back on more expensive activities like boat rentals or guided tours, but there's still plenty to see and do on a budget.Overall, living in Korcula on $5,000 a month is definitely doable, but you'll need to be mindful of your spending and make some adjustments to your lifestyle. By choosing a more affordable neighborhood, using public transportation, cooking at home, and enjoying low-cost activities, you can live comfortably and still enjoy all that this beautiful island has to offer," commented an expat living in Korcula.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


GeoBlue
GeoBlue

GeoBlue
GeoBlue

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Contribute to Croatia Network Contribute
Help others in Croatia by answering questions about the challenges and adventures of living in Croatia.

GeoBlue
GeoBlue

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides