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

Monthly Cost of Living

A single person spends $938 per month in Gorazde vs $1,255 in Banja Luka, rent included.

A couple spends around $1,387 per month in Gorazde vs $1,897 in Banja Luka, rent included.

A family of three spends $1,837 per month in Gorazde vs $2,539 in Banja Luka, rent included.

Gorazde is about 25% cheaper than Banja Luka, driven mainly by Clothing & Footwear.

Both Gorazde and Banja Luka are more affordable than the global median – Gorazde 32% lower, Banja Luka 9% lower.

Meal at Budget Restaurant

$7.27 BAM 12.25

$10.01 BAM 16.86

-27.37%

Three-Course Dinner for Two, Mid-Range

$38.54 BAM 64.9

$53.0 BAM 89.4

-27.32%

Fast Food Meal (McDonalds, etc)

$6.98 BAM 11.76

$11.48 BAM 19.34

-39.20%

Cappuccino

$1.74 BAM 2.94

$1.85 BAM 3.13

-5.95%

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

$1.98 BAM 3.34

$2.57 BAM 4.33

-22.96%

Water (0.33 liter bottle)

$1.23 BAM 2.07

$1.69 BAM 2.84

-27.22%

Local Beer (0.5 liter draught)

$2.41 BAM 4.05

$2.59 BAM 4.36

-6.95%

Imported Beer (0.33 liter bottle)

$2.35 BAM 3.95

$3.67 BAM 6.19

-35.97%

Milk (1 liter)

$1.27 BAM 2.14

$1.49 BAM 2.51

-14.77%

White Bread (500g)

$1.18 BAM 1.98

$1.27 BAM 2.13

-7.09%

Rice (white) (1kg)

$2.11 BAM 3.56

$1.63 BAM 2.75

29.45%

Eggs

$2.91 BAM 4.91

$3.00 BAM 5.05

-3.00%

Local Cheese (1kg)

$9.72 BAM 16.38

$9.91 BAM 16.70

-1.92%

Chicken Fillets (1kg)

$7.71 BAM 12.99

$9.21 BAM 15.52

-16.29%

Beef Round Steak (1kg)

$13.52 BAM 22.79

$14.34 BAM 24.17

-5.72%

Apples (1kg)

$1.20 BAM 2.02

$1.84 BAM 3.10

-34.78%

Banana (1kg)

$1.64 BAM 2.76

$2.05 BAM 3.46

-20.00%

Oranges (1kg)

$1.44 BAM 2.43

$2.25 BAM 3.79

-36.00%

Tomato (1kg)

$1.70 BAM 2.86

$2.33 BAM 3.93

-27.04%

Potato (1kg)

$0.98 BAM 1.65

$1.01 BAM 1.71

-2.97%

Onion (1kg)

$1.06 BAM 1.79

$1.45 BAM 2.44

-26.90%

Lettuce (1 head)

$1.00 BAM 1.69

$1.23 BAM 2.07

-18.70%

Water (1.5 liter bottle)

$0.70 BAM 1.18

$0.89 BAM 1.51

-21.35%

Cigarettes 20 Pack (Marlboro, Camel)

$3.95 BAM 6.65

$4.02 BAM 6.78

-1.74%

Wine (Bottle)

$5.47 BAM 9.22

$8.70 BAM 14.66

-37.13%

Local Beer (0.5 liter bottle)

$0.80 BAM 1.35

$1.00 BAM 1.69

-20.00%

Imported Beer (0.33 liter bottle)

$1.03 BAM 1.74

$1.46 BAM 2.46

-29.45%

One-way Ticket (Public Transport)

$1.31 BAM 2.21

$1.40 BAM 2.36

-6.43%

Public Transport Monthly Pass (Regular Price)

$45.52 BAM 76.7

Taxi Start (Normal Tariff)

$1.75 BAM 2.95

$1.77 BAM 2.98

-1.13%

Taxi (Normal Tariff) (1km)

$0.62 BAM 1.04

$1.16 BAM 1.96

-46.55%

Taxi 1hour Waiting (Normal Tariff)

$10.59 BAM 17.84

$17.56 BAM 29.58

-39.69%

Gasoline (1 liter)

$1.54 BAM 2.59

$1.72 BAM 2.90

-10.47%

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

$31.4K BAM 53.0K

$31.4K BAM 52.9K

0.20%

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

$22.6K BAM 38.1K

0.08%

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

$125 BAM 210

$163 BAM 274

-23.44%

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

$17.12 BAM 28.86

$17.05 BAM 28.74

0.41%

Internet (50+ Mbps, Unlimited Data)

$27.60 BAM 46.51

$37.78 BAM 63.7

-26.95%

Gym Membership (Monthly)

$34.78 BAM 58.6

$40.09 BAM 67.6

-13.25%

Tennis Court (1 Hour on Weekend)

$15.60 BAM 26.29

Cinema Ticket

$5.72 BAM 9.64

$6.03 BAM 10.17

-5.14%

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

$157 BAM 265

$304 BAM 512

-48.24%

International Primary School, 1 Child (Yearly)

$3,990 BAM 6,723

$3,714 BAM 6,257

7.45%

Jeans (Levis 501 Or Similar)

$40.56 BAM 68.3

$85.9 BAM 145

-52.80%

Summer Dress (H&M, Zara, etc)

$34.15 BAM 57.5

$36.82 BAM 62.1

-7.25%

Sport Shoes (Adidas, Nike)

$63.4 BAM 107

$108 BAM 182

-41.44%

Men's Leather Business Shoes

$106 BAM 178

$150 BAM 253

-29.56%

1-bedroom Apartment, City Center (Monthly)

$363 BAM 612

$479 BAM 807

-24.25%

1-bedroom Apartment, Outside City Center (Monthly)

$262 BAM 441

$327 BAM 550

-19.87%

3-bedroom Apartment, City Center (Monthly)

$531 BAM 894

$713 BAM 1,201

-25.54%

3-bedroom Apartment, Outside City Center (Monthly)

$368 BAM 621

$500 BAM 843

-26.38%

Buy Apartment in City Center (m2)

$2,529 BAM 4,262

$3,040 BAM 5,123

-16.81%

Buy Apartment Outside City Center (m2)

$1,819 BAM 3,065

$1,960 BAM 3,303

-7.20%

Average Monthly Net Salary (After Tax)

$440 BAM 741

$929 BAM 1,565

-52.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.3

4.44

-3.15%

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

Last update for Gorazde: September 5, 2026

Last update for Banja Luka: September 6, 2026

Cost Breakdown

A central one-bedroom costs $363 in Gorazde versus $479 in Banja Luka. 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 111% 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 $39.00 in Gorazde versus $53.0 in Banja Luka. Monthly groceries follow the same trend: $217 vs $254 – making Gorazde 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

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

Yes – Banja Luka is pricier by about 34%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,407 per month in Gorazde and $1,883 in Banja Luka. 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $39.00 in Gorazde and $53.0 in Banja Luka. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 17% 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 $1,000 monthly budget goes further in Gorazde, where all-in costs run around $938, than in Banja Luka at $1,255. In Gorazde it covers expenses comfortably, while in Banja Luka it requires careful planning or may not stretch far enough.

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 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 Gorazde. 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.