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 $916 per month in Gorazde vs $1,133 in Banja Luka, rent included.

A couple spends around $1,412 per month in Gorazde vs $1,675 in Banja Luka, rent included.

A family of three spends $1,907 per month in Gorazde vs $2,217 in Banja Luka, rent included.

Gorazde is about 19% 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 15% lower.

Meal at Budget Restaurant

$7.25 BAM 12.22

$8.90 BAM 14.99

-18.54%

Three-Course Dinner for Two, Mid-Range

$35.21 BAM 59.3

$41.26 BAM 69.5

-14.66%

Fast Food Meal (McDonalds, etc)

$5.98 BAM 10.07

$8.70 BAM 14.65

-31.26%

Cappuccino

$1.64 BAM 2.77

$1.63 BAM 2.75

0.61%

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

$1.79 BAM 3.01

$1.99 BAM 3.35

-10.05%

Water (0.33 liter bottle)

$1.16 BAM 1.95

$1.15 BAM 1.93

0.87%

Local Beer (0.5 liter draught)

$2.00 BAM 3.37

$2.02 BAM 3.41

-0.99%

Imported Beer (0.33 liter bottle)

$2.01 BAM 3.38

$2.72 BAM 4.58

-26.10%

Milk (1 liter)

$1.35 BAM 2.28

$1.36 BAM 2.29

-0.74%

White Bread (500g)

$1.21 BAM 2.03

$1.25 BAM 2.10

-3.20%

Rice (white) (1kg)

$1.72 BAM 2.89

$1.57 BAM 2.65

9.55%

Eggs

$3.00 BAM 5.06

$2.88 BAM 4.85

4.17%

Local Cheese (1kg)

$8.04 BAM 13.54

$9.25 BAM 15.58

-13.08%

Chicken Fillets (1kg)

$7.54 BAM 12.70

$8.71 BAM 14.68

-13.43%

Beef Round Steak (1kg)

$11.84 BAM 19.95

$12.26 BAM 20.65

-3.43%

Apples (1kg)

$1.38 BAM 2.32

$1.40 BAM 2.35

-1.43%

Banana (1kg)

$1.64 BAM 2.77

$1.65 BAM 2.77

-0.61%

Oranges (1kg)

$1.81 BAM 3.05

$1.93 BAM 3.25

-6.22%

Tomato (1kg)

$1.73 BAM 2.92

$2.03 BAM 3.42

-14.78%

Potato (1kg)

$1.08 BAM 1.81

$1.25 BAM 2.10

-13.60%

Onion (1kg)

$1.16 BAM 1.95

$1.26 BAM 2.12

-7.94%

Lettuce (1 head)

$1.18 BAM 1.99

$1.28 BAM 2.16

-7.81%

Water (1.5 liter bottle)

$0.71 BAM 1.19

$0.77 BAM 1.29

-7.79%

Cigarettes 20 Pack (Marlboro, Camel)

$3.56 BAM 5.99

$3.72 BAM 6.27

-4.30%

Wine (Bottle)

$5.43 BAM 9.16

$8.36 BAM 14.08

-35.05%

Local Beer (0.5 liter bottle)

$0.80 BAM 1.35

$0.74 BAM 1.25

8.11%

Imported Beer (0.33 liter bottle)

$1.07 BAM 1.80

$1.10 BAM 1.85

-2.73%

One-way Ticket (Public Transport)

$1.85 BAM 3.11

$1.36 BAM 2.30

36.03%

Public Transport Monthly Pass (Regular Price)

$35.67 BAM 60.1

$36.41 BAM 61.4

-2.03%

Taxi Start (Normal Tariff)

$1.50 BAM 2.53

$1.49 BAM 2.51

0.67%

Taxi (Normal Tariff) (1km)

$0.81 BAM 1.37

$1.10 BAM 1.85

-26.36%

Taxi 1hour Waiting (Normal Tariff)

$8.77 BAM 14.77

$8.94 BAM 15.06

-1.90%

Gasoline (1 liter)

$1.47 BAM 2.47

$1.46 BAM 2.46

0.68%

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

$26.2K BAM 44.1K

$28.4K BAM 47.8K

-7.69%

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

$25.6K BAM 43.2K

$26.9K BAM 45.4K

-4.77%

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

$157 BAM 265

$174 BAM 293

-9.41%

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

$18.88 BAM 31.81

$19.29 BAM 32.50

-2.13%

Internet (50+ Mbps, Unlimited Data)

$23.29 BAM 39.24

$23.24 BAM 39.16

0.22%

Gym Membership (Monthly)

$29.61 BAM 49.88

$27.95 BAM 47.09

5.94%

Tennis Court (1 Hour on Weekend)

$10.86 BAM 18.30

$9.92 BAM 16.71

9.48%

Cinema Ticket

$5.73 BAM 9.65

$4.69 BAM 7.91

22.17%

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

$174 BAM 293

$238 BAM 400

-26.70%

International Primary School, 1 Child (Yearly)

$3,305 BAM 5,569

$3,758 BAM 6,331

-12.04%

Jeans (Levis 501 Or Similar)

$39.66 BAM 66.8

$74.5 BAM 126

-46.79%

Summer Dress (H&M, Zara, etc)

$35.21 BAM 59.3

$36.14 BAM 60.9

-2.57%

Sport Shoes (Adidas, Nike)

$62.5 BAM 105

$88.9 BAM 150

-29.69%

Men's Leather Business Shoes

$117 BAM 197

$124 BAM 208

-5.23%

1-bedroom Apartment, City Center (Monthly)

$257 BAM 433

$465 BAM 783

-44.69%

1-bedroom Apartment, Outside City Center (Monthly)

$166 BAM 280

$322 BAM 543

-48.38%

3-bedroom Apartment, City Center (Monthly)

$358 BAM 603

$646 BAM 1,088

-44.54%

3-bedroom Apartment, Outside City Center (Monthly)

$315 BAM 530

$477 BAM 804

-34.05%

Buy Apartment in City Center (m2)

$2,307 BAM 3,888

$3,163 BAM 5,329

-27.05%

Buy Apartment Outside City Center (m2)

$1,696 BAM 2,857

$2,023 BAM 3,409

-16.17%

Average Monthly Net Salary (After Tax)

$440 BAM 742

$901 BAM 1,518

-51.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.23

5.02

-15.74%

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

Last update for Gorazde: May 30, 2026

Last update for Banja Luka: June 2, 2026

Cost Breakdown

A central one-bedroom costs $257 in Gorazde versus $465 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 105% 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 $35.00 in Gorazde versus $41.00 in Banja Luka. Monthly groceries follow the same trend: $210 vs $230 – 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 24%, 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 $1,374 per month in Gorazde and $1,699 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.

Groceries cost about 9% 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 $35.00 in Gorazde and $41.00 in Banja Luka. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Gorazde, where all-in costs run around $916, than in Banja Luka at $1,133. 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.