Last update: Oct 2026

Cost of Living Comparison Between Gorazde and Istanbul

For one person, living is cheaper in Gorazde: $876 a month against $1,550 in Istanbul, rent and utilities included – about $8,100 less a year. Rent and utilities account for most of the difference.

45

Cost of Living Index in Gorazde
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Gorazde Living Index
75

Cost of Living Index in Istanbul
Learn more

Istanbul Living Index

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Gorazde

🇧🇦 Bosnia and Herzegovina

$876

/mo nomad

Istanbul

🇹🇷 Turkey

$1,550

/mo nomad

Monthly Cost of Living

How much you'll spend in Gorazde and in Istanbul

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

A single person spends $876 per month in Gorazde vs $1,550 in Istanbul, rent included.

Gorazde $876
Istanbul $1,550

A couple spends around $1,333 per month in Gorazde vs $2,415 in Istanbul, rent included.

Gorazde $1,333
Istanbul $2,415

A family of three spends $1,790 per month in Gorazde vs $3,281 in Istanbul, rent included.

Gorazde $1,790
Istanbul $3,281

Gorazde is about 43% cheaper than Istanbul, and outside of rent the biggest gap is in eating out.

Gorazde sits 35% below the global median, while Istanbul is 15% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.10 BAM 10.61

$12.30 ₺609

-50.41%

Three-Course Dinner for Two, Mid-Range

$38.27 BAM 66.6

$54.7 ₺2,708

-30.04%

Fast Food Meal (McDonalds, etc)

$6.50 BAM 11.30

$9.22 ₺456

-29.50%

Cappuccino

$1.71 BAM 2.98

$4.40 ₺218

-61.14%

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

$1.73 BAM 3.00

$1.68 ₺83.1

2.98%

Water (0.33 liter bottle)

$1.15 BAM 2.01

$0.59 ₺29.40

94.92%

Local Beer (0.5 liter draught)

$2.38 BAM 4.14

$4.70 ₺233

-49.36%

Imported Beer (0.33 liter bottle)

$2.22 BAM 3.86

$5.91 ₺292

-62.44%

Milk (1 liter)

$1.21 BAM 2.10

$1.21 ₺60.0

White Bread (500g)

$1.12 BAM 1.95

$0.89 ₺44.10

25.84%

Rice (white) (1kg)

$1.97 BAM 3.43

$2.19 ₺108

-10.05%

Eggs

$2.84 BAM 4.94

$2.35 ₺116

20.85%

Local Cheese (1kg)

$9.34 BAM 16.24

$10.42 ₺516

-10.36%

Chicken Fillets (1kg)

$6.51 BAM 11.32

$5.65 ₺280

15.22%

Beef Round Steak (1kg)

$14.78 BAM 25.70

$20.94 ₺1,037

-29.42%

Apples (1kg)

$1.18 BAM 2.05

$1.90 ₺94.1

-37.89%

Banana (1kg)

$1.59 BAM 2.77

$2.31 ₺114

-31.17%

Oranges (1kg)

$1.36 BAM 2.36

$1.28 ₺63.1

6.25%

Tomato (1kg)

$1.62 BAM 2.81

$1.80 ₺89.0

-10.00%

Potato (1kg)

$0.99 BAM 1.72

$0.65 ₺32.16

52.31%

Onion (1kg)

$0.92 BAM 1.60

$0.64 ₺31.91

43.75%

Lettuce (1 head)

$0.95 BAM 1.65

$1.25 ₺62.1

-24.00%

Water (1.5 liter bottle)

$0.68 BAM 1.18

$0.56 ₺27.58

21.43%

Cigarettes 20 Pack (Marlboro, Camel)

$3.77 BAM 6.56

$2.37 ₺118

59.07%

Wine (Bottle)

$5.10 BAM 8.86

$13.42 ₺664

-62.00%

Local Beer (0.5 liter bottle)

$0.78 BAM 1.35

$2.40 ₺119

-67.50%

Imported Beer (0.33 liter bottle)

$0.98 BAM 1.71

$3.48 ₺172

-71.84%

One-way Ticket (Public Transport)

$1.26 BAM 2.18

$0.89 ₺43.84

41.57%

Public Transport Monthly Pass (Regular Price)

$67.4 ₺3,338

Taxi Start (Normal Tariff)

$1.69 BAM 2.94

$1.29 ₺64.1

31.01%

Taxi (Normal Tariff) (1km)

$0.56 BAM 0.98

$0.92 ₺45.70

-39.13%

Taxi 1hour Waiting (Normal Tariff)

$8.92 BAM 15.50

$10.96 ₺542

-18.61%

Gasoline (1 liter)

$1.52 BAM 2.64

$1.47 ₺72.9

3.40%

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

$28.8K BAM 50.1K

$50.8K ₺2.5M

-43.29%

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

$19.6K BAM 34.1K

$44.5K ₺2.2M

-55.93%

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

$129 BAM 224

$88.6 ₺4,387

45.41%

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

$16.55 BAM 28.78

$11.59 ₺574

42.80%

Internet (50+ Mbps, Unlimited Data)

$26.19 BAM 45.54

$15.81 ₺783

65.65%

Gym Membership (Monthly)

$32.54 BAM 56.6

$77.2 ₺3,820

-57.83%

Tennis Court (1 Hour on Weekend)

$22.74 ₺1,126

Cinema Ticket

$5.81 BAM 10.10

$8.14 ₺403

-28.62%

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

$151 BAM 262

$1,008 ₺49.9K

-85.04%

International Primary School, 1 Child (Yearly)

$4,113 BAM 7,151

$25.6K ₺1.3M

-83.91%

Jeans (Levis 501 Or Similar)

$38.12 BAM 66.3

$54.0 ₺2,671

-29.34%

Summer Dress (H&M, Zara, etc)

$33.12 BAM 57.6

$40.83 ₺2,021

-18.88%

Sport Shoes (Adidas, Nike)

$60.3 BAM 105

$98.9 ₺4,895

-39.07%

Men's Leather Business Shoes

$99.4 BAM 173

$96.6 ₺4,783

2.88%

1-bedroom Apartment, City Center (Monthly)

$354 BAM 615

$985 ₺48.7K

-64.09%

1-bedroom Apartment, Outside City Center (Monthly)

$221 BAM 384

$650 ₺32.2K

-66.05%

3-bedroom Apartment, City Center (Monthly)

$551 BAM 959

$1,983 ₺98.2K

-72.20%

3-bedroom Apartment, Outside City Center (Monthly)

$344 BAM 598

$1,180 ₺58.4K

-70.84%

Buy Apartment in City Center (m2)

$2,142 BAM 3,724

$3,138 ₺155.4K

-31.75%

Buy Apartment Outside City Center (m2)

$1,804 BAM 3,137

$1,780 ₺88.1K

1.36%

Average Monthly Net Salary (After Tax)

$422 BAM 733

$1,205 ₺59.7K

-65.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.3

40.92

-89.49%

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

Last update for Gorazde: October 10, 2026

Last update for Istanbul: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Gorazde

$221 25.2%

Istanbul

$650 41.9% 195% $429

Groceries & Markets

Gorazde

$209 23.9%

Istanbul

$260 16.8% 24.1% $50

Monthly Utilities & Internet

Gorazde

$172 19.6%

Istanbul

$116 7.5% 32.4% $56

Eating Out

Gorazde

$117 13.3%

Istanbul

$223 14.4% 91.3% $107

Clothing & Footwear

Gorazde

$104 11.9%

Istanbul

$131 8.4% 25.7% $27

Sport & Entertainment

Gorazde

$44 5%

Istanbul

$93 6% 112% $49

Getting Around

Gorazde

$9.5 * 1.1%

Istanbul

$77 5% 708% $67

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 $985 in Istanbul. 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 186% higher in Istanbul, 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 $55.0 in Istanbul. Monthly groceries follow the same trend: $209 vs $260 – making Gorazde the more affordable choice for daily food spending.

Good to know

🇧🇦 Gorazde

🇹🇷 Istanbul

🕒 Local time

05:16 5:16 AM

06:16 6:16 AM

1 h ahead of Gorazde

🌤 Weather

👥 Population

20,897

15,701,602

💱 Currency

Bosnia and Herzegovina Convertible Mark BAM KM

Turkish Lira TRY ₺

📈 Exchange rate

1 BAM = 0.575 USD

1 BAM = 0.512 EUR

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

Exchange rates and currency converter

TRY, 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).

Turkish Lira exchange rates as of October 19, 2026: 1 USD = 49.51 TRY (100 TRY = 2.02 USD). 1 EUR = 55.66 TRY (100 TRY = 1.8 EUR).

USD to BAM in detail →

On the map

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Highest

Between locations

Gorazde Istanbul 870 km ≈ 1 h 30 min nonstop flight

From you

Gorazde
Istanbul

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 Istanbul: Cost of Living - Frequently Asked Questions

Istanbul costs about 77% more than Gorazde, and outside of rent the gap comes mainly from eating out. 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 $2,325 in Istanbul. 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 $1,550 in Istanbul. That's a gap of about 77%.

Kindergarten costs $151 per month in Gorazde and $1,008 in Istanbul. 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 Istanbul at $1,550. In Gorazde it covers expenses comfortably, while in Istanbul it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Gorazde costs $876 versus $1,550 in Istanbul. 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, Istanbul makes more sense. Both are solid long-term options with distinct trade-offs.