Last update: Oct 2026

Cost of Living Comparison Between Gorazde and Banja Luka

For one person, living is cheaper in Gorazde: $933 a month against $1,198 in Banja Luka, rent and utilities included – about $3,200 less a year. Other living expenses account for most of the difference.

44

Cost of Living Index in Gorazde
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Gorazde Living Index
58

Cost of Living Index in Banja Luka
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Banja Luka Living Index

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Gorazde

🇧🇦 Bosnia and Herzegovina

$933

/mo nomad

Banja Luka

🇧🇦 Bosnia and Herzegovina

$1,198

/mo nomad

Monthly Cost of Living

How much you'll spend in Gorazde and in Banja Luka

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

A single person spends $933 per month in Gorazde vs $1,198 in Banja Luka, rent included.

Gorazde $933
Banja Luka $1,198

A couple spends around $1,356 per month in Gorazde vs $1,826 in Banja Luka, rent included.

Gorazde $1,356
Banja Luka $1,826

A family of three spends $1,780 per month in Gorazde vs $2,454 in Banja Luka, rent included.

Gorazde $1,780
Banja Luka $2,454

Gorazde is about 22% cheaper than Banja Luka, and outside of rent the biggest gap is in clothing.

Both Gorazde and Banja Luka are more affordable than the global median – Gorazde 31% lower, Banja Luka 12% lower.

Meal at Budget Restaurant

$6.64 BAM 11.66

$9.52 BAM 16.71

-30.25%

Three-Course Dinner for Two, Mid-Range

$34.49 BAM 60.6

$49.53 BAM 87.0

-30.37%

Fast Food Meal (McDonalds, etc)

$7.03 BAM 12.34

$10.69 BAM 18.77

-34.24%

Cappuccino

$1.43 BAM 2.52

$1.84 BAM 3.23

-22.28%

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

$2.07 BAM 3.64

$2.55 BAM 4.48

-18.82%

Water (0.33 liter bottle)

$1.12 BAM 1.97

$1.69 BAM 2.97

-33.73%

Local Beer (0.5 liter draught)

$2.42 BAM 4.26

$2.36 BAM 4.14

2.54%

Imported Beer (0.33 liter bottle)

$2.39 BAM 4.20

$3.37 BAM 5.91

-29.08%

Milk (1 liter)

$1.25 BAM 2.20

$1.37 BAM 2.41

-8.76%

White Bread (500g)

$1.11 BAM 1.95

$1.23 BAM 2.15

-9.76%

Rice (white) (1kg)

$1.98 BAM 3.47

$1.59 BAM 2.79

24.53%

Eggs

$2.91 BAM 5.10

$2.89 BAM 5.07

0.69%

Local Cheese (1kg)

$9.56 BAM 16.79

$9.76 BAM 17.14

-2.05%

Chicken Fillets (1kg)

$6.51 BAM 11.44

$8.92 BAM 15.67

-27.02%

Beef Round Steak (1kg)

$14.01 BAM 24.61

$14.07 BAM 24.71

-0.43%

Apples (1kg)

$1.17 BAM 2.06

$1.84 BAM 3.24

-36.41%

Banana (1kg)

$1.66 BAM 2.92

$1.96 BAM 3.45

-15.31%

Oranges (1kg)

$1.35 BAM 2.37

$2.21 BAM 3.89

-38.91%

Tomato (1kg)

$1.64 BAM 2.88

$2.16 BAM 3.79

-24.07%

Potato (1kg)

$1.06 BAM 1.86

$0.99 BAM 1.73

7.07%

Onion (1kg)

$0.99 BAM 1.75

$1.37 BAM 2.40

-27.74%

Lettuce (1 head)

$1.15 BAM 2.02

$1.13 BAM 1.98

1.77%

Water (1.5 liter bottle)

$0.63 BAM 1.11

$0.89 BAM 1.57

-29.21%

Cigarettes 20 Pack (Marlboro, Camel)

$3.74 BAM 6.56

$3.92 BAM 6.88

-4.59%

Wine (Bottle)

$5.25 BAM 9.23

$7.99 BAM 14.04

-34.29%

Local Beer (0.5 liter bottle)

$0.78 BAM 1.36

$0.99 BAM 1.74

-21.21%

Imported Beer (0.33 liter bottle)

$1.00 BAM 1.76

$1.41 BAM 2.47

-29.08%

One-way Ticket (Public Transport)

$1.17 BAM 2.05

$1.33 BAM 2.34

-12.03%

Public Transport Monthly Pass (Regular Price)

$45.28 BAM 79.5

Taxi Start (Normal Tariff)

$1.68 BAM 2.94

$1.69 BAM 2.96

-0.59%

Taxi (Normal Tariff) (1km)

$0.84 BAM 1.47

$1.12 BAM 1.97

-25.00%

Taxi 1hour Waiting (Normal Tariff)

$10.10 BAM 17.74

$16.85 BAM 29.58

-40.06%

Gasoline (1 liter)

$1.56 BAM 2.74

$1.77 BAM 3.11

-11.86%

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

$26.9K BAM 47.2K

$30.4K BAM 53.5K

-11.73%

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

$21.5K BAM 37.7K

$21.1K BAM 37.1K

1.66%

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

$142 BAM 250

$163 BAM 285

-12.34%

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

$17.19 BAM 30.19

$16.51 BAM 29.00

4.12%

Internet (50+ Mbps, Unlimited Data)

$27.82 BAM 48.85

$36.88 BAM 64.8

-24.57%

Gym Membership (Monthly)

$33.41 BAM 58.7

$36.35 BAM 63.8

-8.09%

Tennis Court (1 Hour on Weekend)

$13.91 BAM 24.43

$15.04 BAM 26.41

-7.51%

Cinema Ticket

$6.26 BAM 11.00

$5.78 BAM 10.15

8.30%

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

$142 BAM 250

$283 BAM 498

-49.77%

International Primary School, 1 Child (Yearly)

$10.0K BAM 17.6K

$3,604 BAM 6,330

178.27%

Jeans (Levis 501 Or Similar)

$39.14 BAM 68.7

$82.1 BAM 144

-52.34%

Summer Dress (H&M, Zara, etc)

$32.20 BAM 56.6

$36.26 BAM 63.7

-11.20%

Sport Shoes (Adidas, Nike)

$60.5 BAM 106

$106 BAM 185

-42.70%

Men's Leather Business Shoes

$102 BAM 178

$145 BAM 254

-29.91%

1-bedroom Apartment, City Center (Monthly)

$325 BAM 572

$435 BAM 765

-25.24%

1-bedroom Apartment, Outside City Center (Monthly)

$253 BAM 445

$299 BAM 525

-15.26%

3-bedroom Apartment, City Center (Monthly)

$492 BAM 865

$658 BAM 1,155

-25.16%

3-bedroom Apartment, Outside City Center (Monthly)

$305 BAM 536

$471 BAM 828

-35.21%

Buy Apartment in City Center (m2)

$2,091 BAM 3,671

$2,826 BAM 4,963

-26.02%

Buy Apartment Outside City Center (m2)

$1,460 BAM 2,564

$1,912 BAM 3,358

-23.64%

Average Monthly Net Salary (After Tax)

$437 BAM 767

$887 BAM 1,558

-50.77%

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: October 26, 2026

Last update for Banja Luka: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Gorazde

$253 27.2%

Banja Luka

$299 25% 18% $46

Groceries & Markets

Gorazde

$210 22.5%

Banja Luka

$245 20.5% 17.1% $36

Monthly Utilities & Internet

Gorazde

$187 20.1%

Banja Luka

$216 18% 15.2% $28

Eating Out

Gorazde

$121 13%

Banja Luka

$166 13.8% 36.9% $45

Clothing & Footwear

Gorazde

$105 11.3%

Banja Luka

$166 13.9% 58% $61

Sport & Entertainment

Gorazde

$46 4.9%

Banja Luka

$48 4% 4.3% $2

Getting Around

Gorazde

$11 * 1.1%

Banja Luka

$58 4.8% 449% $47

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

Cost Breakdown

A central one-bedroom costs $325 in Gorazde versus $435 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 in Banja Luka are about 2 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $34 in Gorazde versus $50 in Banja Luka. Monthly groceries follow the same trend: $210 vs $245 – making Gorazde the more affordable choice for daily food spending.

Good to know

🇧🇦 Gorazde

🇧🇦 Banja Luka

🕒 Local time

23:54 11:54 PM

Same time as Gorazde

🌤 Weather

👥 Population

20,897

138,963

💱 Currency

Bosnia and Herzegovina Convertible Mark BAM KM

📈 Exchange rate

1 BAM = 0.569 USD

1 BAM = 0.512 EUR

1 BAM = 0.569 USD

1 BAM = 0.512 EUR

Exchange rates and currency converter

USD, EUR to BAM – Bosnia and Herzegovina Convertible Mark Converter

🇺🇸 United States Dollar ($)

🇧🇦 Bosnia and Herzegovina Convertible Mark (KM)

Bosnia and Herzegovina Convertible Mark exchange rates as of October 28, 2026: 1 USD = 1.76 BAM (1 BAM = 0.569 USD). 1 EUR = 1.95 BAM (1 BAM = 0.512 EUR).

USD to BAM in detail →

On the map

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Gorazde Banja Luka 190 km

From you

Gorazde
Banja Luka

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

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

Yes – Banja Luka is pricier by about 28%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,399 per month in Gorazde and $1,796 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: a one-bedroom in the center costs $325 there versus $435 in Banja Luka.

A mid-range dinner for two costs $34 in Gorazde and $50 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 the gap depends on what you buy.

$800 is a stretch for both – monthly costs hit $933 in Gorazde and $1,198 in Banja Luka. 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, Banja Luka makes more sense. Both are solid long-term options with distinct trade-offs.