Last update: Oct 2026

Cost of Living Comparison Between Chiang Mai and Gracanica

For one person, living costs are similar in Chiang Mai and in Gracanica: $925 and $945 a month, rent and utilities included.

45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index
46

Cost of Living Index in Gracanica
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Gracanica Living Index

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Chiang Mai

🇹🇭 Thailand

$925

/mo nomad

Gracanica

🇧🇦 Bosnia and Herzegovina

$945

/mo nomad

Monthly Cost of Living

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

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 Gracanica actually costs, broken down by who's living it.

A single person spends $925 per month in Chiang Mai vs $945 in Gracanica, rent included.

Chiang Mai $925
Gracanica $945

A couple spends around $1,414 per month in Chiang Mai vs $1,431 in Gracanica, rent included.

Chiang Mai $1,414
Gracanica $1,431

A family of three spends $1,903 per month in Chiang Mai vs $1,917 in Gracanica, rent included.

Chiang Mai $1,903
Gracanica $1,917

Chiang Mai is about 2% cheaper than Gracanica, and outside of rent the biggest gap is in transport.

Both Chiang Mai and Gracanica are more affordable than the global median – Chiang Mai 32% lower, Gracanica 30% lower.

Meal at Budget Restaurant

$2.29 ฿76.5

$6.83 BAM 11.87

-66.47%

Three-Course Dinner for Two, Mid-Range

$19.64 ฿656

$36.61 BAM 63.7

-46.35%

Fast Food Meal (McDonalds, etc)

$5.61 ฿188

$6.92 BAM 12.03

-18.93%

Cappuccino

$1.66 ฿55.6

$1.68 BAM 2.91

-1.19%

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

$0.70 ฿23.40

$1.81 BAM 3.14

-61.33%

Water (0.33 liter bottle)

$0.31 ฿10.24

$1.23 BAM 2.15

-74.80%

Local Beer (0.5 liter draught)

$2.41 ฿80.4

$2.26 BAM 3.93

6.64%

Imported Beer (0.33 liter bottle)

$3.71 ฿124

$2.23 BAM 3.88

66.37%

Milk (1 liter)

$1.95 ฿65.3

$1.41 BAM 2.45

38.30%

White Bread (500g)

$1.41 ฿47.03

$1.47 BAM 2.55

-4.08%

Rice (white) (1kg)

$1.31 ฿43.62

$2.55 BAM 4.44

-48.63%

Eggs

$2.18 ฿72.9

$3.17 BAM 5.52

-31.23%

Local Cheese (1kg)

$16.65 ฿556

$10.00 BAM 17.38

66.50%

Chicken Fillets (1kg)

$2.76 ฿92.2

$7.27 BAM 12.64

-62.04%

Beef Round Steak (1kg)

$9.11 ฿304

$14.11 BAM 24.54

-35.44%

Apples (1kg)

$2.39 ฿80.0

$1.11 BAM 1.94

115.32%

Banana (1kg)

$1.03 ฿34.26

$1.67 BAM 2.90

-38.32%

Oranges (1kg)

$1.63 ฿54.4

$1.34 BAM 2.34

21.64%

Tomato (1kg)

$1.50 ฿50.0

$1.62 BAM 2.81

-7.41%

Potato (1kg)

$1.29 ฿43.13

$1.04 BAM 1.80

24.04%

Onion (1kg)

$1.11 ฿37.03

$1.02 BAM 1.78

8.82%

Lettuce (1 head)

$0.72 ฿24.08

$1.17 BAM 2.04

-38.46%

Water (1.5 liter bottle)

$0.53 ฿17.59

$0.97 BAM 1.69

-45.36%

Cigarettes 20 Pack (Marlboro, Camel)

$4.31 ฿144

$4.00 BAM 6.96

7.75%

Wine (Bottle)

$17.95 ฿600

$8.45 BAM 14.70

112.43%

Local Beer (0.5 liter bottle)

$1.58 ฿52.9

$1.16 BAM 2.01

36.21%

Imported Beer (0.33 liter bottle)

$2.84 ฿95.0

$1.26 BAM 2.20

125.40%

One-way Ticket (Public Transport)

$0.86 ฿28.86

$1.27 BAM 2.21

-32.28%

Public Transport Monthly Pass (Regular Price)

$53.3 ฿1,780

Taxi Start (Normal Tariff)

$1.21 ฿40.29

$1.68 BAM 2.92

-27.98%

Taxi (Normal Tariff) (1km)

$0.57 ฿18.99

$1.15 BAM 2.01

-50.43%

Taxi 1hour Waiting (Normal Tariff)

$2.35 ฿78.6

$10.37 BAM 18.03

-77.34%

Gasoline (1 liter)

$1.44 ฿47.96

$1.50 BAM 2.62

-4.00%

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

$20.7K ฿692.8K

$30.2K BAM 52.6K

-31.41%

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

$26.8K ฿895.7K

$21.5K BAM 37.5K

24.38%

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

$62.3 ฿2,083

$90.6 BAM 158

-31.20%

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

$12.11 ฿405

$18.17 BAM 31.59

-33.35%

Internet (50+ Mbps, Unlimited Data)

$19.94 ฿666

$28.26 BAM 49.14

-29.44%

Gym Membership (Monthly)

$37.07 ฿1,239

$33.13 BAM 57.6

11.89%

Tennis Court (1 Hour on Weekend)

$3.78 ฿126

Cinema Ticket

$6.50 ฿217

$5.85 BAM 10.17

11.11%

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

$793 ฿26.5K

$133 BAM 232

494.18%

International Primary School, 1 Child (Yearly)

$14.8K ฿494.9K

$3,844 BAM 6,684

285.22%

Jeans (Levis 501 Or Similar)

$53.7 ฿1,796

$58.2 BAM 101

-7.68%

Summer Dress (H&M, Zara, etc)

$24.62 ฿823

$32.10 BAM 55.8

-23.30%

Sport Shoes (Adidas, Nike)

$90.9 ฿3,036

$96.2 BAM 167

-5.57%

Men's Leather Business Shoes

$71.1 ฿2,378

$128 BAM 223

-44.62%

1-bedroom Apartment, City Center (Monthly)

$455 ฿15.2K

$344 BAM 598

32.45%

1-bedroom Apartment, Outside City Center (Monthly)

$298 ฿9,954

$249 BAM 434

19.45%

3-bedroom Apartment, City Center (Monthly)

$908 ฿30.4K

$513 BAM 892

76.97%

3-bedroom Apartment, Outside City Center (Monthly)

$554 ฿18.5K

$355 BAM 617

55.98%

Buy Apartment in City Center (m2)

$1,931 ฿64.5K

$2,463 BAM 4,282

-21.59%

Buy Apartment Outside City Center (m2)

$1,445 ฿48.3K

$1,719 BAM 2,989

-15.97%

Average Monthly Net Salary (After Tax)

$591 ฿19.7K

$565 BAM 983

4.49%

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 17, 2026

Last update for Gracanica: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Chiang Mai

$298 32.2%

Gracanica

$249 26.4% 16.3% $49

Groceries & Markets

Chiang Mai

$235 25.5%

Gracanica

$236 25% 0.3% $0.6

Clothing & Footwear

Chiang Mai

$108 11.7%

Gracanica

$142 15% 31% $34

Monthly Utilities & Internet

Chiang Mai

$94 10.2%

Gracanica

$137 14.5% 45.2% $43

Eating Out

Chiang Mai

$79 8.5%

Gracanica

$123 13.1% 57% $45

Getting Around

Chiang Mai

$61 6.6%

Gracanica

$13 * 1.3% 79.4% $48

Sport & Entertainment

Chiang Mai

$50 5.4%

Gracanica

$45 4.7% 10.4% $5.2

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

Cost Breakdown

A central one-bedroom costs $455 in Chiang Mai versus $344 in Gracanica. 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 4% higher in Chiang Mai, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $20.00 in Chiang Mai versus $37.00 in Gracanica. Monthly groceries follow the same trend: $235 vs $236 – making Chiang Mai the more affordable choice for daily food spending.

Good to know

🇹🇭 Chiang Mai

🇧🇦 Gracanica

🕒 Local time

19:46 7:46 PM

13:46 1:46 PM

6 h behind Chiang Mai

🌤 Weather

👥 Population

127,240

12,882

💱 Currency

Thai Baht THB ฿

Bosnia and Herzegovina Convertible Mark BAM KM

📈 Exchange rate

100 THB = 2.99 USD

100 THB = 2.66 EUR

1 BAM = 0.575 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 25, 2026: 1 USD = 33.42 THB (100 THB = 2.99 USD). 1 EUR = 37.57 THB (100 THB = 2.66 EUR).

Bosnia and Herzegovina Convertible Mark exchange rates as of October 25, 2026: 1 USD = 1.74 BAM (1 BAM = 0.575 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 Gracanica 7,830 km ≈ 10 h nonstop flight

From you

Chiang Mai
Gracanica

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 Gracanica: Cost of Living - Frequently Asked Questions

Gracanica costs about 2% more than Chiang Mai, and outside of rent the gap comes mainly from transport. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,388 per month in Chiang Mai and $1,417 in Gracanica. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $20.00 in Chiang Mai and $37.00 in Gracanica. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 0% more in Gracanica, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Chiang Mai, where all-in costs run around $925, than in Gracanica at $945. In Chiang Mai it covers expenses comfortably, while in Gracanica it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Chiang Mai costs $925 versus $945 in Gracanica. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Chiang Mai. If higher salaries, better infrastructure, or specific career opportunities are the priority, Gracanica makes more sense. Both are solid long-term options with distinct trade-offs.