Last update: Nov 2026

Cost of Living Comparison Between Bansko and Madagascar

For one person, living is cheaper in Madagascar: $616 a month against $968 in Bansko, rent and utilities included – about $4,200 less a year. Rent and utilities account for most of the difference.

Bansko, Bulgaria
Madagascar
Bansko
🇧🇬 Bulgaria
$968
/mo nomad
🇲🇬 Madagascar
$616
/mo nomad
😐 Solo nomad: Bansko is 23.4% more expensive than Madagascar without rent, and 57.2% more expensive with rent.
😐 Family of 3: Bansko is 43.9% more expensive than Madagascar without rent, and 51.2% more expensive with rent.
Currency
🍽 Eating Out
Bansko
Madagascar
Difference
Meal at Budget Restaurant
$8.83 BGN 15.37
$2.26 MGA 10.3K
290.71%
Three-Course Dinner for Two, Mid-Range
$45.43 BGN 79.1
$17.55 MGA 80.2K
158.86%
Fast Food Meal (McDonalds, etc)
$8.92 BGN 15.52
$4.91 MGA 22.5K
81.67%
Cappuccino
$2.33 BGN 4.06
$1.33 MGA 6,068
75.19%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.49 BGN 2.60
$0.80 MGA 3,678
86.25%
Water (0.33 liter bottle)
$0.83 BGN 1.44
$0.58 MGA 2,638
43.10%
Local Beer (0.5 liter draught)
$1.75 BGN 3.05
$1.10 MGA 5,018
59.09%
Imported Beer (0.33 liter bottle)
$2.01 BGN 3.49
$1.86 MGA 8,518
8.06%
🛒 Groceries & Markets
Bansko
Madagascar
Difference
Milk (1 liter)
$1.72 BGN 3.00
$1.13 MGA 5,178
52.21%
White Bread (500g)
$0.86 BGN 1.49
$0.94 MGA 4,284
-8.51%
Rice (white) (1kg)
$1.46 BGN 2.55
$0.74 MGA 3,397
97.30%
Eggs
$2.33 BGN 4.06
$2.00 MGA 9,136
16.50%
Local Cheese (1kg)
$9.54 BGN 16.60
$8.18 MGA 37.4K
16.63%
Chicken Fillets (1kg)
$6.30 BGN 10.96
$4.85 MGA 22.2K
29.90%
Beef Round Steak (1kg)
$8.64 BGN 15.04
$4.57 MGA 20.9K
89.06%
Apples (1kg)
$1.32 BGN 2.29
$1.06 MGA 4,844
24.53%
Banana (1kg)
$1.65 BGN 2.86
$0.58 MGA 2,652
184.48%
Oranges (1kg)
$1.74 BGN 3.02
$1.00 MGA 4,570
74.00%
Tomato (1kg)
$1.94 BGN 3.38
$0.80 MGA 3,671
142.50%
Potato (1kg)
$0.95 BGN 1.66
$0.58 MGA 2,637
63.79%
Onion (1kg)
$0.72 BGN 1.26
$0.75 MGA 3,447
-4.00%
Lettuce (1 head)
$0.55 BGN 0.96
$0.35 MGA 1,609
57.14%
Water (1.5 liter bottle)
$0.59 BGN 1.03
$0.63 MGA 2,899
-6.35%
Cigarettes 20 Pack (Marlboro, Camel)
$3.33 BGN 5.79
$1.54 MGA 7,038
116.23%
Wine (Bottle)
$5.08 BGN 8.84
$5.05 MGA 23.1K
0.59%
Local Beer (0.5 liter bottle)
$1.12 BGN 1.95
$0.87 MGA 3,987
28.74%
Imported Beer (0.33 liter bottle)
$1.73 BGN 3.01
$1.59 MGA 7,278
8.81%
🚌 Getting Around
Bansko
Madagascar
Difference
One-way Ticket (Public Transport)
$0.89 BGN 1.55
$0.14 MGA 648
535.71%
Public Transport Monthly Pass (Regular Price)
$27.08 BGN 47.11
$17.52 MGA 80.1K
54.57%
Taxi Start (Normal Tariff)
$1.64 BGN 2.85
$3.26 MGA 14.9K
-49.69%
Taxi (Normal Tariff) (1km)
$0.91 BGN 1.59
$2.28 MGA 10.4K
-60.09%
Taxi 1hour Waiting (Normal Tariff)
$10.00 BGN 17.39
$4.31 MGA 19.7K
132.02%
Gasoline (1 liter)
$1.50 BGN 2.61
$1.18 MGA 5,386
27.12%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.6K BGN 49.7K
$12.6K MGA 57.6M
126.54%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.2K BGN 36.9K
$23.9K MGA 109.2M
-11.12%
🧾 Monthly Utilities & Internet
Bansko
Madagascar
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$92.5 BGN 161
$66.4 MGA 303.7K
39.26%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.59 BGN 25.39
$17.05 MGA 77.9K
-14.43%
Internet (50+ Mbps, Unlimited Data)
$12.13 BGN 21.11
$53.7 MGA 245.7K
-77.43%
🎉 Sport & Entertainment
Bansko
Madagascar
Difference
Gym Membership (Monthly)
$31.84 BGN 55.4
$22.57 MGA 103.2K
41.07%
Tennis Court (1 Hour on Weekend)
$8.46 BGN 14.72
$7.03 MGA 32.2K
20.34%
Cinema Ticket
$5.51 BGN 9.59
$6.07 MGA 27.7K
-9.23%
🧸 Childcare & Education
Bansko
Madagascar
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$227 BGN 395
$25.31 MGA 115.7K
797.71%
International Primary School, 1 Child (Yearly)
$2,311 BGN 4,021
$27.2K MGA 124.6M
-91.52%
👕👟 Clothing & Footwear
Bansko
Madagascar
Difference
Jeans (Levis 501 Or Similar)
$30.56 BGN 53.2
$20.05 MGA 91.6K
52.42%
Summer Dress (H&M, Zara, etc)
$18.95 BGN 32.97
$25.93 MGA 118.5K
-26.92%
Sport Shoes (Adidas, Nike)
$45.80 BGN 79.7
$69.4 MGA 317.1K
-33.98%
Men's Leather Business Shoes
$48.28 BGN 84.0
$44.33 MGA 202.6K
8.91%
🏠 Accommodation & Living
Bansko
Madagascar
Difference
1-bedroom Apartment, City Center (Monthly)
$510 BGN 887
$290 MGA 1.3M
75.87%
1-bedroom Apartment, Outside City Center (Monthly)
$364 BGN 634
$135 MGA 617.6K
169.66%
3-bedroom Apartment, City Center (Monthly)
$624 BGN 1,085
$673 MGA 3.1M
-7.36%
3-bedroom Apartment, Outside City Center (Monthly)
$566 BGN 985
$325 MGA 1.5M
74.21%
Buy Apartment in City Center (m2)
$1,166 BGN 2,028
$657 MGA 3.0M
77.31%
Buy Apartment Outside City Center (m2)
$969 BGN 1,686
$561 MGA 2.6M
72.70%
💵 Salaries & Financials
Bansko
Madagascar
Difference
Average Monthly Net Salary (After Tax)
$1,680 BGN 2,923
$125 MGA 570.3K
1246.92%
20-Year Fixed Mortgage Interest Rate (Annual %)
2.99
19.75
-84.86%

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

Last update for Bansko: November 3, 2026

Last update for Madagascar: November 3, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Bansko
$364
Madagascar
$135 62.9% $229
Groceries & Markets
Bansko
$193
Madagascar
$141 27% $52
Eating Out
Bansko
$147
Madagascar
$63 57% $84
Monthly Utilities & Internet
Bansko
$119
Madagascar
$137 15.1% $18
Clothing & Footwear
Bansko
$65
Madagascar
$72 11.2% $7.2
Sport & Entertainment
Bansko
$43
Madagascar
$35 19% $8.2
Getting Around
Bansko
$37
Madagascar
$33 11% $4.1
Good to know
🇧🇬 Bansko
🇲🇬 Madagascar
🕒 Local time
23:00 11:00 PM
00:00 12:00 AM
1 h ahead of Bansko
🌤 Weather
👥 Population
8,000
25,570,895
💱 Currency
Bulgarian Lev BGN лв.
Exchange rates and currency converter

MGA, USD, EUR to BGN – Bulgarian Lev Converter

Bulgarian Lev exchange rates as of November 5, 2026: 1 USD = 1.74 BGN (1 BGN = 0.575 USD). 1 EUR = 1.95 BGN (1 BGN = 0.512 EUR).

Malagasy Ariary exchange rates as of November 5, 2026: 1 USD = 4,572 MGA (10,000 MGA = 2.19 USD). 1 EUR = 5,132 MGA (10,000 MGA = 1.95 EUR).

On the map
Between locations
  • Bansko Madagascar 7,190 km ≈ 9 h nonstop flight
From you
  • Bansko
  • Madagascar

Distances are measured in a straight line. Your location is detected approximately.

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

Bansko vs other spots: cost of living compared

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