Last update: Oct 2026

Cost of Living Comparison Between Gorazde and Bansko

For one person, living is cheaper in Gorazde: $876 a month against $956 in Bansko, rent and utilities included – about $960 less a year. Higher rent and utilities in Bansko outweigh lower spending on other living expenses.

45

Cost of Living Index in Gorazde
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Gorazde Living Index
47

Cost of Living Index in Bansko
Learn more

Bansko Living Index

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Gorazde

🇧🇦 Bosnia and Herzegovina

$876

/mo nomad

Bansko

🇧🇬 Bulgaria

$956

/mo nomad

Monthly Cost of Living

How much you'll spend in Gorazde and in Bansko

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

A single person spends $876 per month in Gorazde vs $956 in Bansko, rent included.

Gorazde $876
Bansko $956

A couple spends around $1,333 per month in Gorazde vs $1,467 in Bansko, rent included.

Gorazde $1,333
Bansko $1,467

A family of three spends $1,790 per month in Gorazde vs $1,979 in Bansko, rent included.

Gorazde $1,790
Bansko $1,979

Gorazde is about 8% cheaper than Bansko, and outside of rent the biggest gap is in clothing.

Both Gorazde and Bansko are more affordable than the global median – Gorazde 35% lower, Bansko 29% lower.

Meal at Budget Restaurant

$6.10 BAM 10.61

$8.66 BGN 15.06

-29.56%

Three-Course Dinner for Two, Mid-Range

$38.27 BAM 66.6

$44.94 BGN 78.2

-14.84%

Fast Food Meal (McDonalds, etc)

$6.50 BAM 11.30

$8.78 BGN 15.28

-25.97%

Cappuccino

$1.71 BAM 2.98

$2.33 BGN 4.05

-26.61%

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

$1.73 BAM 3.00

$1.57 BGN 2.74

10.19%

Water (0.33 liter bottle)

$1.15 BAM 2.01

$0.82 BGN 1.43

40.24%

Local Beer (0.5 liter draught)

$2.38 BAM 4.14

$1.68 BGN 2.92

41.67%

Imported Beer (0.33 liter bottle)

$2.22 BAM 3.86

$1.98 BGN 3.45

12.12%

Milk (1 liter)

$1.21 BAM 2.10

$1.73 BGN 3.00

-30.06%

White Bread (500g)

$1.12 BAM 1.95

$0.80 BGN 1.40

40.00%

Rice (white) (1kg)

$1.97 BAM 3.43

$1.44 BGN 2.51

36.81%

Eggs

$2.84 BAM 4.94

$2.36 BGN 4.10

20.34%

Local Cheese (1kg)

$9.34 BAM 16.24

$9.39 BGN 16.34

-0.53%

Chicken Fillets (1kg)

$6.51 BAM 11.32

$6.41 BGN 11.15

1.56%

Beef Round Steak (1kg)

$14.78 BAM 25.70

$8.48 BGN 14.76

74.29%

Apples (1kg)

$1.18 BAM 2.05

$1.31 BGN 2.28

-9.92%

Banana (1kg)

$1.59 BAM 2.77

$1.62 BGN 2.82

-1.85%

Oranges (1kg)

$1.36 BAM 2.36

$1.73 BGN 3.01

-21.39%

Tomato (1kg)

$1.62 BAM 2.81

$1.94 BGN 3.38

-16.49%

Potato (1kg)

$0.99 BAM 1.72

$0.94 BGN 1.63

5.32%

Onion (1kg)

$0.92 BAM 1.60

$0.76 BGN 1.32

21.05%

Lettuce (1 head)

$0.95 BAM 1.65

$0.55 BGN 0.95

72.73%

Water (1.5 liter bottle)

$0.68 BAM 1.18

$0.59 BGN 1.02

15.25%

Cigarettes 20 Pack (Marlboro, Camel)

$3.77 BAM 6.56

$3.25 BGN 5.66

16.00%

Wine (Bottle)

$5.10 BAM 8.86

$5.20 BGN 9.05

-1.92%

Local Beer (0.5 liter bottle)

$0.78 BAM 1.35

$1.09 BGN 1.89

-28.44%

Imported Beer (0.33 liter bottle)

$0.98 BAM 1.71

$1.68 BGN 2.92

-41.67%

One-way Ticket (Public Transport)

$1.26 BAM 2.18

$0.84 BGN 1.45

50.00%

Public Transport Monthly Pass (Regular Price)

$27.06 BGN 47.09

Taxi Start (Normal Tariff)

$1.69 BAM 2.94

$1.34 BGN 2.34

26.12%

Taxi (Normal Tariff) (1km)

$0.56 BAM 0.98

$0.65 BGN 1.14

-13.85%

Taxi 1hour Waiting (Normal Tariff)

$8.92 BAM 15.50

$10.06 BGN 17.51

-11.33%

Gasoline (1 liter)

$1.52 BAM 2.64

$1.48 BGN 2.57

2.70%

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

$28.8K BAM 50.1K

$29.1K BGN 50.7K

-1.16%

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

$19.6K BAM 34.1K

$20.9K BGN 36.4K

-6.21%

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

$129 BAM 224

$92.4 BGN 161

39.40%

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

$16.55 BAM 28.78

$14.52 BGN 25.26

13.98%

Internet (50+ Mbps, Unlimited Data)

$26.19 BAM 45.54

$12.32 BGN 21.43

112.58%

Gym Membership (Monthly)

$32.54 BAM 56.6

$31.70 BGN 55.2

2.65%

Tennis Court (1 Hour on Weekend)

$8.53 BGN 14.84

Cinema Ticket

$5.81 BAM 10.10

$5.62 BGN 9.78

3.38%

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

$151 BAM 262

$230 BGN 401

-34.54%

International Primary School, 1 Child (Yearly)

$4,113 BAM 7,151

$2,268 BGN 3,947

81.29%

Jeans (Levis 501 Or Similar)

$38.12 BAM 66.3

$30.10 BGN 52.4

26.64%

Summer Dress (H&M, Zara, etc)

$33.12 BAM 57.6

$19.62 BGN 34.13

68.81%

Sport Shoes (Adidas, Nike)

$60.3 BAM 105

$45.86 BGN 79.8

31.38%

Men's Leather Business Shoes

$99.4 BAM 173

$47.69 BGN 83.0

108.39%

1-bedroom Apartment, City Center (Monthly)

$354 BAM 615

$518 BGN 902

-31.77%

1-bedroom Apartment, Outside City Center (Monthly)

$221 BAM 384

$357 BGN 621

-38.20%

3-bedroom Apartment, City Center (Monthly)

$551 BAM 959

$614 BGN 1,069

-10.22%

3-bedroom Apartment, Outside City Center (Monthly)

$344 BAM 598

$569 BGN 990

-39.51%

Buy Apartment in City Center (m2)

$2,142 BAM 3,724

$1,191 BGN 2,073

79.76%

Buy Apartment Outside City Center (m2)

$1,804 BAM 3,137

$959 BGN 1,669

88.06%

Average Monthly Net Salary (After Tax)

$422 BAM 733

$1,704 BGN 2,965

-75.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.3

2.99

43.81%

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

Last update for Gorazde: October 10, 2026

Last update for Bansko: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Gorazde

$221 25.2%

Bansko

$357 37.3% 61.8% $136

Groceries & Markets

Gorazde

$209 23.9%

Bansko

$192 20.1% 8.3% $17

Monthly Utilities & Internet

Gorazde

$172 19.6%

Bansko

$119 12.5% 30.5% $52

Eating Out

Gorazde

$117 13.3%

Bansko

$145 15.2% 24.6% $29

Clothing & Footwear

Gorazde

$104 11.9%

Bansko

$64 6.7% 37.9% $39

Sport & Entertainment

Gorazde

$44 5%

Bansko

$43 4.5% 2.7% $1.2

Getting Around

Gorazde

$9.5 * 1.1%

Bansko

$35 3.7% 268% $26

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

Cost Breakdown

A central one-bedroom costs $354 in Gorazde versus $518 in Bansko. 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 304% higher in Bansko, 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 $38.00 in Gorazde versus $45.00 in Bansko. Groceries tell a different story – $209 in Gorazde vs $192 in Bansko – so Bansko wins on supermarket bills even if dining out costs more.

Good to know

🇧🇦 Gorazde

🇧🇬 Bansko

🕒 Local time

03:41 3:41 AM

04:41 4:41 AM

1 h ahead of Gorazde

🌤 Weather

👥 Population

20,897

8,000

💱 Currency

Bosnia and Herzegovina Convertible Mark BAM KM

Bulgarian Lev BGN лв.

📈 Exchange rate

1 BAM = 0.575 USD

1 BAM = 0.512 EUR

1 BGN = 0.575 USD

1 BGN = 0.511 EUR

Exchange rates and currency converter

BGN, 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 19, 2026: 1 USD = 1.74 BAM (1 BAM = 0.575 USD). 1 EUR = 1.95 BAM (1 BAM = 0.512 EUR).

Bulgarian Lev exchange rates as of October 19, 2026: 1 USD = 1.74 BGN (1 BGN = 0.575 USD). 1 EUR = 1.96 BGN (1 BGN = 0.511 EUR).

USD to BAM in detail →

On the map

Lowest

Highest

Between locations

Gorazde Bansko 420 km

From you

Gorazde
Bansko

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 Bansko: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $876 in Gorazde, $956 in Bansko – roughly 9% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $1,314 per month in Gorazde and $1,434 in Bansko. 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.

Monthly expenses with rent come to $876 in Gorazde and $956 in Bansko. That's a gap of about 9%.

Kindergarten costs $151 per month in Gorazde and $230 in Bansko. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Gorazde, where all-in costs run around $876, than in Bansko at $956. In Gorazde it covers expenses comfortably, while in Bansko it requires careful planning or may not stretch far enough.

It depends on your priorities. Bansko has an edge in some lifestyle areas, with costs from $876 in Gorazde to $956 in Bansko. Climate, culture, job market, and personal taste all factor in.

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, Bansko makes more sense. Both are solid long-term options with distinct trade-offs.