Cost of Living Comparison Between Banja Luka and Neum Cost of Living Comparison Between Banja Luka and Neum

Monthly Cost of Living

A single person spends $1,266 per month in Banja Luka vs $973 in Neum, rent included.

A couple spends around $1,923 per month in Banja Luka vs $1,456 in Neum, rent included.

A family of three spends $2,579 per month in Banja Luka vs $1,940 in Neum, rent included.

Banja Luka costs about 30% more than Neum, driven mainly by Eating Out.

Both Banja Luka and Neum are more affordable than the global median – Banja Luka 7% lower, Neum 29% lower.

Meal at Budget Restaurant

$10.16 BAM 17.30

$5.28 BAM 8.98

92.42%

Three-Course Dinner for Two, Mid-Range

$51.1 BAM 86.9

$28.94 BAM 49.26

76.50%

Fast Food Meal (McDonalds, etc)

$11.16 BAM 19.00

$6.06 BAM 10.32

84.16%

Cappuccino

$1.84 BAM 3.14

$1.88 BAM 3.21

-2.13%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.59 BAM 4.40

$1.80 BAM 3.06

43.89%

Water (0.33 liter bottle)

$1.72 BAM 2.92

$1.23 BAM 2.09

39.84%

Local Beer (0.5 liter draught)

$2.53 BAM 4.31

$2.59 BAM 4.41

-2.32%

Imported Beer (0.33 liter bottle)

$3.60 BAM 6.12

$2.27 BAM 3.86

58.59%

Milk (1 liter)

$1.42 BAM 2.41

$1.16 BAM 1.97

22.41%

White Bread (500g)

$1.25 BAM 2.13

$0.92 BAM 1.56

35.87%

Rice (white) (1kg)

$1.63 BAM 2.77

$2.14 BAM 3.65

-23.83%

Eggs

$2.97 BAM 5.06

$2.61 BAM 4.44

13.79%

Local Cheese (1kg)

$9.71 BAM 16.53

$8.03 BAM 13.67

20.92%

Chicken Fillets (1kg)

$8.74 BAM 14.88

$7.47 BAM 12.72

17.00%

Beef Round Steak (1kg)

$14.61 BAM 24.86

$10.82 BAM 18.41

35.03%

Apples (1kg)

$1.93 BAM 3.28

$1.18 BAM 2.01

63.56%

Banana (1kg)

$2.04 BAM 3.47

$1.63 BAM 2.77

25.15%

Oranges (1kg)

$2.30 BAM 3.92

$1.41 BAM 2.40

63.12%

Tomato (1kg)

$2.19 BAM 3.72

$1.23 BAM 2.09

78.05%

Potato (1kg)

$1.07 BAM 1.81

$1.00 BAM 1.70

7.00%

Onion (1kg)

$1.46 BAM 2.48

$1.05 BAM 1.79

39.05%

Lettuce (1 head)

$1.21 BAM 2.05

$0.74 BAM 1.26

63.51%

Water (1.5 liter bottle)

$0.87 BAM 1.48

$0.69 BAM 1.17

26.09%

Cigarettes 20 Pack (Marlboro, Camel)

$4.08 BAM 6.94

$3.90 BAM 6.64

4.62%

Wine (Bottle)

$8.48 BAM 14.43

$4.19 BAM 7.13

102.39%

Local Beer (0.5 liter bottle)

$1.04 BAM 1.76

$0.77 BAM 1.31

35.06%

Imported Beer (0.33 liter bottle)

$1.45 BAM 2.46

$0.90 BAM 1.54

61.11%

One-way Ticket (Public Transport)

$1.35 BAM 2.30

$1.36 BAM 2.32

-0.74%

Public Transport Monthly Pass (Regular Price)

$46.17 BAM 78.6

$59.9 BAM 102

-22.87%

Taxi Start (Normal Tariff)

$1.73 BAM 2.95

$1.72 BAM 2.92

0.58%

Taxi (Normal Tariff) (1km)

$1.17 BAM 1.98

$0.61 BAM 1.04

91.80%

Taxi 1hour Waiting (Normal Tariff)

$17.37 BAM 29.55

$5.93 BAM 10.09

192.92%

Gasoline (1 liter)

$1.73 BAM 2.95

$1.63 BAM 2.78

6.13%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$31.6K BAM 53.7K

$31.3K BAM 53.2K

0.91%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.8K BAM 37.1K

$22.0K BAM 37.5K

-0.90%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$167 BAM 284

$135 BAM 230

23.20%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.00 BAM 28.93

$17.97 BAM 30.58

-5.40%

Internet (50+ Mbps, Unlimited Data)

$37.90 BAM 64.5

$27.00 BAM 45.94

40.37%

Gym Membership (Monthly)

$39.72 BAM 67.6

$33.89 BAM 57.7

17.20%

Tennis Court (1 Hour on Weekend)

$15.32 BAM 26.08

$11.60 BAM 19.74

32.07%

Cinema Ticket

$6.07 BAM 10.33

$5.78 BAM 9.84

5.02%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$304 BAM 517

$203 BAM 345

49.74%

International Primary School, 1 Child (Yearly)

$3,693 BAM 6,285

$2,381 BAM 4,052

55.10%

Jeans (Levis 501 Or Similar)

$86.7 BAM 148

$61.1 BAM 104

41.94%

Summer Dress (H&M, Zara, etc)

$37.66 BAM 64.1

$33.73 BAM 57.4

11.65%

Sport Shoes (Adidas, Nike)

$110 BAM 188

$88.4 BAM 150

24.97%

Men's Leather Business Shoes

$146 BAM 248

$86.6 BAM 147

68.33%

1-bedroom Apartment, City Center (Monthly)

$480 BAM 818

$350 BAM 595

37.38%

1-bedroom Apartment, Outside City Center (Monthly)

$324 BAM 551

$261 BAM 444

24.19%

3-bedroom Apartment, City Center (Monthly)

$721 BAM 1,227

$530 BAM 902

36.04%

3-bedroom Apartment, Outside City Center (Monthly)

$494 BAM 840

$369 BAM 628

33.86%

Buy Apartment in City Center (m2)

$2,998 BAM 5,102

$2,574 BAM 4,380

16.47%

Buy Apartment Outside City Center (m2)

$1,970 BAM 3,353

$1,789 BAM 3,044

10.13%

Average Monthly Net Salary (After Tax)

$905 BAM 1,539

$894 BAM 1,521

1.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

2.9

53.10%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Banja Luka: September 14, 2026

Last update for Neum: September 13, 2026

Cost Breakdown

A central one-bedroom costs $480 in Banja Luka versus $350 in Neum. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 1% higher in Banja Luka, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $51.0 in Banja Luka versus $29.00 in Neum. Monthly groceries follow the same trend: $250 vs $191 – making Neum the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Banja Luka vs Neum: Cost of Living - Frequently Asked Questions

Yes – Banja Luka is pricier by about 30%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,900 per month in Banja Luka and $1,460 in Neum. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Neum, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 31% more in Banja Luka, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $51.0 in Banja Luka and $29.00 in Neum. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Neum, where all-in costs run around $973, than in Banja Luka at $1,266. In Neum it covers expenses comfortably, while in Banja Luka it requires careful planning or may not stretch far enough.

Families tend to lean toward Neum – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Neum. If higher salaries, better infrastructure, or specific career opportunities are the priority, Banja Luka makes more sense. Both are solid long-term options with distinct trade-offs.