Last update: Oct 2026

Cost of Living Comparison Between Gorazde and Chiang Mai

Name: Chiang Mai
Address: Chiang Mai, TH

For one person, living is cheaper in Gorazde: $876 a month against $938 in Chiang Mai, rent and utilities included – about $740 less a year. Other living expenses account for most of the difference.

45

Cost of Living Index in Gorazde
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Gorazde Living Index
45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index

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Gorazde

🇧🇦 Bosnia and Herzegovina

$876

/mo nomad

Chiang Mai

🇹🇭 Thailand

$938

/mo nomad

Monthly Cost of Living

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

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

A single person spends $876 per month in Gorazde vs $938 in Chiang Mai, rent included.

Gorazde $876
Chiang Mai $938

A couple spends around $1,333 per month in Gorazde vs $1,426 in Chiang Mai, rent included.

Gorazde $1,333
Chiang Mai $1,426

A family of three spends $1,790 per month in Gorazde vs $1,914 in Chiang Mai, rent included.

Gorazde $1,790
Chiang Mai $1,914

Gorazde is about 7% cheaper than Chiang Mai, and outside of rent the biggest gap is in transport.

Both Gorazde and Chiang Mai are more affordable than the global median – Gorazde 35% lower, Chiang Mai 30% lower.

Meal at Budget Restaurant

$6.10 BAM 10.61

$2.26 ฿75.4

169.91%

Three-Course Dinner for Two, Mid-Range

$38.27 BAM 66.6

$19.18 ฿641

99.53%

Fast Food Meal (McDonalds, etc)

$6.50 BAM 11.30

$5.59 ฿187

16.28%

Cappuccino

$1.71 BAM 2.98

$1.72 ฿57.6

-0.58%

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

$1.73 BAM 3.00

$0.64 ฿21.54

170.31%

Water (0.33 liter bottle)

$1.15 BAM 2.01

$0.33 ฿11.18

248.48%

Local Beer (0.5 liter draught)

$2.38 BAM 4.14

$2.36 ฿78.7

0.85%

Imported Beer (0.33 liter bottle)

$2.22 BAM 3.86

$3.90 ฿130

-43.08%

Milk (1 liter)

$1.21 BAM 2.10

$2.05 ฿68.6

-40.98%

White Bread (500g)

$1.12 BAM 1.95

$1.40 ฿46.70

-20.00%

Rice (white) (1kg)

$1.97 BAM 3.43

$1.28 ฿42.89

53.91%

Eggs

$2.84 BAM 4.94

$2.25 ฿75.3

26.22%

Local Cheese (1kg)

$9.34 BAM 16.24

$16.94 ฿566

-44.86%

Chicken Fillets (1kg)

$6.51 BAM 11.32

$2.74 ฿91.6

137.59%

Beef Round Steak (1kg)

$14.78 BAM 25.70

$9.36 ฿313

57.91%

Apples (1kg)

$1.18 BAM 2.05

$2.40 ฿80.3

-50.83%

Banana (1kg)

$1.59 BAM 2.77

$1.01 ฿33.92

57.43%

Oranges (1kg)

$1.36 BAM 2.36

$1.61 ฿53.9

-15.53%

Tomato (1kg)

$1.62 BAM 2.81

$1.52 ฿50.7

6.58%

Potato (1kg)

$0.99 BAM 1.72

$1.28 ฿42.90

-22.66%

Onion (1kg)

$0.92 BAM 1.60

$1.11 ฿37.22

-17.12%

Lettuce (1 head)

$0.95 BAM 1.65

$0.72 ฿24.09

31.94%

Water (1.5 liter bottle)

$0.68 BAM 1.18

$0.52 ฿17.54

30.77%

Cigarettes 20 Pack (Marlboro, Camel)

$3.77 BAM 6.56

$4.33 ฿145

-12.93%

Wine (Bottle)

$5.10 BAM 8.86

$17.73 ฿593

-71.24%

Local Beer (0.5 liter bottle)

$0.78 BAM 1.35

$1.63 ฿54.4

-52.15%

Imported Beer (0.33 liter bottle)

$0.98 BAM 1.71

$2.85 ฿95.3

-65.61%

One-way Ticket (Public Transport)

$1.26 BAM 2.18

$0.85 ฿28.31

48.24%

Public Transport Monthly Pass (Regular Price)

$53.9 ฿1,801

Taxi Start (Normal Tariff)

$1.69 BAM 2.94

$1.17 ฿39.18

44.44%

Taxi (Normal Tariff) (1km)

$0.56 BAM 0.98

$0.57 ฿19.00

-1.75%

Taxi 1hour Waiting (Normal Tariff)

$8.92 BAM 15.50

$2.37 ฿79.2

276.37%

Gasoline (1 liter)

$1.52 BAM 2.64

$1.45 ฿48.32

4.83%

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

$28.8K BAM 50.1K

$20.5K ฿684.3K

40.68%

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

$19.6K BAM 34.1K

$26.5K ฿886.1K

-25.99%

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

$129 BAM 224

$62.3 ฿2,083

106.72%

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

$16.55 BAM 28.78

$12.27 ฿410

34.88%

Internet (50+ Mbps, Unlimited Data)

$26.19 BAM 45.54

$19.97 ฿668

31.15%

Gym Membership (Monthly)

$32.54 BAM 56.6

$37.91 ฿1,267

-14.17%

Tennis Court (1 Hour on Weekend)

$3.76 ฿126

Cinema Ticket

$5.81 BAM 10.10

$6.71 ฿224

-13.41%

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

$151 BAM 262

$797 ฿26.6K

-81.08%

International Primary School, 1 Child (Yearly)

$4,113 BAM 7,151

$14.8K ฿495.7K

-72.27%

Jeans (Levis 501 Or Similar)

$38.12 BAM 66.3

$53.3 ฿1,780

-28.41%

Summer Dress (H&M, Zara, etc)

$33.12 BAM 57.6

$25.05 ฿837

32.22%

Sport Shoes (Adidas, Nike)

$60.3 BAM 105

$91.6 ฿3,062

-34.24%

Men's Leather Business Shoes

$99.4 BAM 173

$73.5 ฿2,455

35.28%

1-bedroom Apartment, City Center (Monthly)

$354 BAM 615

$464 ฿15.5K

-23.81%

1-bedroom Apartment, Outside City Center (Monthly)

$221 BAM 384

$305 ฿10.2K

-27.59%

3-bedroom Apartment, City Center (Monthly)

$551 BAM 959

$915 ฿30.6K

-39.76%

3-bedroom Apartment, Outside City Center (Monthly)

$344 BAM 598

$552 ฿18.5K

-37.70%

Buy Apartment in City Center (m2)

$2,142 BAM 3,724

$1,912 ฿63.9K

12.01%

Buy Apartment Outside City Center (m2)

$1,804 BAM 3,137

$1,438 ฿48.1K

25.42%

Average Monthly Net Salary (After Tax)

$422 BAM 733

$595 ฿19.9K

-29.16%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.3

5.57

-22.80%

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

Last update for Gorazde: October 10, 2026

Last update for Chiang Mai: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Gorazde

$221 25.2%

Chiang Mai

$305 32.5% 38.1% $84

Groceries & Markets

Gorazde

$209 23.9%

Chiang Mai

$238 25.4% 13.7% $29

Monthly Utilities & Internet

Gorazde

$172 19.6%

Chiang Mai

$95 10.1% 44.9% $77

Eating Out

Gorazde

$117 13.3%

Chiang Mai

$79 8.4% 32.3% $38

Clothing & Footwear

Gorazde

$104 11.9%

Chiang Mai

$110 11.7% 5.4% $5.6

Sport & Entertainment

Gorazde

$44 5%

Chiang Mai

$51 5.5% 16.3% $7.2

Getting Around

Gorazde

$9.5 * 1.1%

Chiang Mai

$61 6.5% 544% $52

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 $464 in Chiang Mai. 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 41% higher in Chiang Mai, 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 $19.00 in Chiang Mai. Groceries tell a different story – $209 in Gorazde vs $238 in Chiang Mai – so Gorazde wins on supermarket bills even if dining out costs more.

Good to know

🇧🇦 Gorazde

🇹🇭 Chiang Mai

🕒 Local time

02:15 2:15 AM

07:15 7:15 AM

5 h ahead of Gorazde

🌤 Weather

👥 Population

20,897

127,240

💱 Currency

Bosnia and Herzegovina Convertible Mark BAM KM

Thai Baht THB ฿

📈 Exchange rate

1 BAM = 0.575 USD

1 BAM = 0.512 EUR

100 THB = 2.99 USD

100 THB = 2.66 EUR

Exchange rates and currency converter

THB, 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).

Thai Baht exchange rates as of October 19, 2026: 1 USD = 33.42 THB (100 THB = 2.99 USD). 1 EUR = 37.57 THB (100 THB = 2.66 EUR).

USD to BAM in detail →

On the map

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Highest

Between locations

Gorazde Chiang Mai 7,790 km ≈ 10 h nonstop flight

From you

Gorazde
Chiang Mai

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 Chiang Mai: Cost of Living - Frequently Asked Questions

Chiang Mai costs about 7% more than Gorazde, 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 $1,314 per month in Gorazde and $1,408 in Chiang Mai. 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 $38.00 in Gorazde and $19.00 in Chiang Mai. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 14% more in Chiang Mai, 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 $876, than in Chiang Mai at $938. In Gorazde it covers expenses comfortably, while in Chiang Mai it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Gorazde costs $876 versus $938 in Chiang Mai. 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 Gorazde. If higher salaries, better infrastructure, or specific career opportunities are the priority, Chiang Mai makes more sense. Both are solid long-term options with distinct trade-offs.