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Montenegro’s average net salary sees 5.2% increase in November 2024

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The average gross salary in Montenegro in November 2024 was 1,183 euros, while the average net salary (after taxes and contributions) amounted to 993 euros, according to data from Monstat.

The average net salary in November 2024 increased by 5.2% compared to October 2024, while it rose by 23% compared to the same month in the previous year, Monstat specified.

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Additionally, the report notes that consumer prices in November 2024 saw an increase of 0.2% compared to October 2024, meaning that real wages for the same period grew by 5.0%.

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