Last update: Oct 2026

Cost of Living Comparison Between Chiang Mai and Gorazde

For one person, living costs are similar in Chiang Mai and in Gorazde: $936 and $933 a month, rent and utilities included.

45

Cost of Living Index in Chiang Mai
Learn more

Chiang Mai Living Index
44

Cost of Living Index in Gorazde
Learn more

Gorazde Living Index

Jump to prices

Chiang Mai

🇹🇭 Thailand

$936

/mo nomad

Gorazde

🇧🇦 Bosnia and Herzegovina

$933

/mo nomad

Monthly Cost of Living

How much you'll spend in Chiang Mai and in Gorazde

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Chiang Mai and in Gorazde actually costs, broken down by who's living it.

A single person spends $936 per month in Chiang Mai vs $933 in Gorazde, rent included.

Chiang Mai $936
Gorazde $933

A couple spends around $1,457 per month in Chiang Mai vs $1,356 in Gorazde, rent included.

Chiang Mai $1,457
Gorazde $1,356

A family of three spends $1,979 per month in Chiang Mai vs $1,780 in Gorazde, rent included.

Chiang Mai $1,979
Gorazde $1,780

Chiang Mai and Gorazde have comparable living costs – the differences are in the details.

Both Chiang Mai and Gorazde are more affordable than the global median – Chiang Mai 31% lower, Gorazde 31% lower.

Meal at Budget Restaurant

$2.24 ฿75.7

$6.64 BAM 11.66

-66.27%

Three-Course Dinner for Two, Mid-Range

$19.00 ฿642

$34.49 BAM 60.6

-44.91%

Fast Food Meal (McDonalds, etc)

$5.55 ฿188

$7.03 BAM 12.34

-21.05%

Cappuccino

$1.67 ฿56.6

$1.43 BAM 2.52

16.78%

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

$0.64 ฿21.56

$2.07 BAM 3.64

-69.08%

Water (0.33 liter bottle)

$0.31 ฿10.32

$1.12 BAM 1.97

-72.32%

Local Beer (0.5 liter draught)

$2.36 ฿79.6

$2.42 BAM 4.26

-2.48%

Imported Beer (0.33 liter bottle)

$3.66 ฿124

$2.39 BAM 4.20

53.14%

Milk (1 liter)

$1.95 ฿65.8

$1.25 BAM 2.20

56.00%

White Bread (500g)

$1.44 ฿48.51

$1.11 BAM 1.95

29.73%

Rice (white) (1kg)

$1.33 ฿45.07

$1.98 BAM 3.47

-32.83%

Eggs

$2.28 ฿77.1

$2.91 BAM 5.10

-21.65%

Local Cheese (1kg)

$16.45 ฿556

$9.56 BAM 16.79

72.07%

Chicken Fillets (1kg)

$2.78 ฿94.0

$6.51 BAM 11.44

-57.30%

Beef Round Steak (1kg)

$9.31 ฿314

$14.01 BAM 24.61

-33.55%

Apples (1kg)

$2.35 ฿79.5

$1.17 BAM 2.06

100.85%

Banana (1kg)

$0.97 ฿32.82

$1.66 BAM 2.92

-41.57%

Oranges (1kg)

$1.60 ฿53.9

$1.35 BAM 2.37

18.52%

Tomato (1kg)

$1.50 ฿50.7

$1.64 BAM 2.88

-8.54%

Potato (1kg)

$1.28 ฿43.15

$1.06 BAM 1.86

20.75%

Onion (1kg)

$1.10 ฿37.22

$0.99 BAM 1.75

11.11%

Lettuce (1 head)

$0.71 ฿23.84

$1.15 BAM 2.02

-38.26%

Water (1.5 liter bottle)

$0.49 ฿16.38

$0.63 BAM 1.11

-22.22%

Cigarettes 20 Pack (Marlboro, Camel)

$4.14 ฿140

$3.74 BAM 6.56

10.70%

Wine (Bottle)

$17.52 ฿592

$5.25 BAM 9.23

233.71%

Local Beer (0.5 liter bottle)

$1.61 ฿54.5

$0.78 BAM 1.36

106.41%

Imported Beer (0.33 liter bottle)

$2.78 ฿94.0

$1.00 BAM 1.76

178.00%

One-way Ticket (Public Transport)

$0.87 ฿29.33

$1.17 BAM 2.05

-25.64%

Public Transport Monthly Pass (Regular Price)

$54.1 ฿1,827

Taxi Start (Normal Tariff)

$1.16 ฿39.08

$1.68 BAM 2.94

-30.95%

Taxi (Normal Tariff) (1km)

$0.53 ฿17.82

$0.84 BAM 1.47

-36.90%

Taxi 1hour Waiting (Normal Tariff)

$2.42 ฿81.8

$10.10 BAM 17.74

-76.04%

Gasoline (1 liter)

$1.45 ฿48.93

$1.56 BAM 2.74

-7.05%

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

$21.1K ฿711.2K

$26.9K BAM 47.2K

-21.65%

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

$26.9K ฿909.8K

$21.5K BAM 37.7K

25.35%

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

$62.2 ฿2,100

$142 BAM 250

-56.36%

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

$12.17 ฿411

$17.19 BAM 30.19

-29.20%

Internet (50+ Mbps, Unlimited Data)

$20.12 ฿680

$27.82 BAM 48.85

-27.68%

Gym Membership (Monthly)

$37.31 ฿1,260

$33.41 BAM 58.7

11.67%

Tennis Court (1 Hour on Weekend)

$3.77 ฿127

$13.91 BAM 24.43

-72.90%

Cinema Ticket

$6.49 ฿219

$6.26 BAM 11.00

3.67%

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

$736 ฿24.9K

$142 BAM 250

417.29%

International Primary School, 1 Child (Yearly)

$14.8K ฿498.6K

$10.0K BAM 17.6K

47.21%

Jeans (Levis 501 Or Similar)

$53.4 ฿1,802

$39.14 BAM 68.7

36.36%

Summer Dress (H&M, Zara, etc)

$24.64 ฿832

$32.20 BAM 56.6

-23.48%

Sport Shoes (Adidas, Nike)

$91.5 ฿3,089

$60.5 BAM 106

51.31%

Men's Leather Business Shoes

$71.9 ฿2,429

$102 BAM 178

-29.14%

1-bedroom Apartment, City Center (Monthly)

$482 ฿16.3K

$325 BAM 572

48.18%

1-bedroom Apartment, Outside City Center (Monthly)

$309 ฿10.4K

$253 BAM 445

21.97%

3-bedroom Apartment, City Center (Monthly)

$1,006 ฿34.0K

$492 BAM 865

104.29%

3-bedroom Apartment, Outside City Center (Monthly)

$633 ฿21.4K

$305 BAM 536

107.47%

Buy Apartment in City Center (m2)

$2,363 ฿79.8K

$2,091 BAM 3,671

13.03%

Buy Apartment Outside City Center (m2)

$1,589 ฿53.7K

$1,460 BAM 2,564

8.84%

Average Monthly Net Salary (After Tax)

$590 ฿19.9K

$437 BAM 767

34.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

4.3

29.53%

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

Last update for Chiang Mai: October 26, 2026

Last update for Gorazde: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Chiang Mai

$309 33%

Gorazde

$253 27.2% 18% $56

Groceries & Markets

Chiang Mai

$234 25.1%

Gorazde

$210 22.5% 10.6% $25

Clothing & Footwear

Chiang Mai

$109 11.6%

Gorazde

$105 11.3% 3.4% $3.6

Monthly Utilities & Internet

Chiang Mai

$94 10.1%

Gorazde

$187 20.1% 98.5% $93

Eating Out

Chiang Mai

$78 8.3%

Gorazde

$121 13% 56.1% $44

Getting Around

Chiang Mai

$61 6.6%

Gorazde

$11 * 1.1% 82.8% $51

Sport & Entertainment

Chiang Mai

$50 5.4%

Gorazde

$46 4.9% 8.7% $4.4

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $482 in Chiang Mai versus $325 in Gorazde. 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 35% higher in Chiang Mai. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $19 in Chiang Mai versus $34 in Gorazde. Groceries tell a different story – $234 in Chiang Mai vs $210 in Gorazde – so Gorazde wins on supermarket bills even if dining out costs more.

Good to know

🇹🇭 Chiang Mai

🇧🇦 Gorazde

🕒 Local time

08:02 8:02 AM

02:02 2:02 AM

6 h behind Chiang Mai

🌤 Weather

👥 Population

127,240

20,897

💱 Currency

Thai Baht THB ฿

Bosnia and Herzegovina Convertible Mark BAM KM

📈 Exchange rate

100 THB = 2.96 USD

100 THB = 2.66 EUR

1 BAM = 0.569 USD

1 BAM = 0.512 EUR

Exchange rates and currency converter

BAM, USD, EUR to THB – Thai Baht Converter

🇺🇸 United States Dollar ($)

🇹🇭 Thai Baht (฿)

Thai Baht exchange rates as of October 29, 2026: 1 USD = 33.77 THB (100 THB = 2.96 USD). 1 EUR = 37.59 THB (100 THB = 2.66 EUR).

Bosnia and Herzegovina Convertible Mark exchange rates as of October 29, 2026: 1 USD = 1.76 BAM (1 BAM = 0.569 USD). 1 EUR = 1.95 BAM (1 BAM = 0.512 EUR).

USD to THB in detail →

On the map

Lowest

Highest

Between locations

Chiang Mai Gorazde 7,790 km ≈ 10 h nonstop flight

From you

Chiang Mai
Gorazde

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

Chiang Mai vs Gorazde: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $1,403 per month in Chiang Mai and $1,399 in Gorazde. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Gorazde, especially for central apartments: a one-bedroom in the center costs $325 there versus $482 in Chiang Mai.

Groceries cost about 12% more in Chiang Mai, though the gap depends on what you buy.

A mid-range dinner for two costs $19 in Chiang Mai and $34 in Gorazde. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$800 is a stretch for both – monthly costs hit $936 in Chiang Mai and $933 in Gorazde. You’ll need shared housing and careful budgeting no matter which city you pick.

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

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

If budget matters most, go with Gorazde. If higher salaries or specific career opportunities are the priority, Chiang Mai makes more sense. Both are solid long-term options with distinct trade-offs.