Last update: Oct 2026

Cost of Living Comparison Between Gorazde and London

For one person, living is cheaper in Gorazde: $876 a month against $3,986 in London, rent and utilities included – about $37,300 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
194

Cost of Living Index in London
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London Living Index

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Gorazde

🇧🇦 Bosnia and Herzegovina

$876

/mo nomad

London

🇬🇧 United Kingdom

$3,986

/mo nomad

Monthly Cost of Living

How much you'll spend in Gorazde and in London

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

A single person spends $876 per month in Gorazde vs $3,986 in London, rent included.

Gorazde $876
London $3,986

A couple spends around $1,333 per month in Gorazde vs $5,791 in London, rent included.

Gorazde $1,333
London $5,791

A family of three spends $1,790 per month in Gorazde vs $7,595 in London, rent included.

Gorazde $1,790
London $7,595

Gorazde is about 78% cheaper than London, and outside of rent the biggest gap is in transport.

Gorazde sits 35% below the global median, while London is 195% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.10 BAM 10.61

$25.93 £19.45

-76.48%

Three-Course Dinner for Two, Mid-Range

$38.27 BAM 66.6

$107 £79.9

-64.07%

Fast Food Meal (McDonalds, etc)

$6.50 BAM 11.30

$10.71 £8.03

-39.31%

Cappuccino

$1.71 BAM 2.98

$5.47 £4.11

-68.74%

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

$1.73 BAM 3.00

$2.97 £2.23

-41.75%

Water (0.33 liter bottle)

$1.15 BAM 2.01

$2.20 £1.65

-47.73%

Local Beer (0.5 liter draught)

$2.38 BAM 4.14

$9.13 £6.85

-73.93%

Imported Beer (0.33 liter bottle)

$2.22 BAM 3.86

$7.94 £5.96

-72.04%

Milk (1 liter)

$1.21 BAM 2.10

$1.86 £1.40

-34.95%

White Bread (500g)

$1.12 BAM 1.95

$2.07 £1.55

-45.89%

Rice (white) (1kg)

$1.97 BAM 3.43

$2.42 £1.81

-18.60%

Eggs

$2.84 BAM 4.94

$5.09 £3.82

-44.20%

Local Cheese (1kg)

$9.34 BAM 16.24

$12.87 £9.66

-27.43%

Chicken Fillets (1kg)

$6.51 BAM 11.32

$10.43 £7.82

-37.58%

Beef Round Steak (1kg)

$14.78 BAM 25.70

$16.87 £12.66

-12.39%

Apples (1kg)

$1.18 BAM 2.05

$3.11 £2.33

-62.06%

Banana (1kg)

$1.59 BAM 2.77

$1.40 £1.05

13.57%

Oranges (1kg)

$1.36 BAM 2.36

$3.08 £2.31

-55.84%

Tomato (1kg)

$1.62 BAM 2.81

$3.27 £2.45

-50.46%

Potato (1kg)

$0.99 BAM 1.72

$1.58 £1.19

-37.34%

Onion (1kg)

$0.92 BAM 1.60

$1.74 £1.31

-47.13%

Lettuce (1 head)

$0.95 BAM 1.65

$1.40 £1.05

-32.14%

Water (1.5 liter bottle)

$0.68 BAM 1.18

$1.80 £1.35

-62.22%

Cigarettes 20 Pack (Marlboro, Camel)

$3.77 BAM 6.56

$23.28 £17.46

-83.81%

Wine (Bottle)

$5.10 BAM 8.86

$13.03 £9.77

-60.86%

Local Beer (0.5 liter bottle)

$0.78 BAM 1.35

$3.17 £2.38

-75.39%

Imported Beer (0.33 liter bottle)

$0.98 BAM 1.71

$4.42 £3.32

-77.83%

One-way Ticket (Public Transport)

$1.26 BAM 2.18

$4.07 £3.05

-69.04%

Public Transport Monthly Pass (Regular Price)

$247 £185

Taxi Start (Normal Tariff)

$1.69 BAM 2.94

$5.58 £4.18

-69.71%

Taxi (Normal Tariff) (1km)

$0.56 BAM 0.98

$3.36 £2.52

-83.33%

Taxi 1hour Waiting (Normal Tariff)

$8.92 BAM 15.50

$56.8 £42.58

-84.28%

Gasoline (1 liter)

$1.52 BAM 2.64

$2.13 £1.60

-28.64%

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

$28.8K BAM 50.1K

$38.2K £28.6K

-24.57%

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

$19.6K BAM 34.1K

$40.9K £30.7K

-52.02%

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

$129 BAM 224

$372 £279

-65.38%

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

$16.55 BAM 28.78

$17.82 £13.37

-7.13%

Internet (50+ Mbps, Unlimited Data)

$26.19 BAM 45.54

$40.37 £30.29

-35.13%

Gym Membership (Monthly)

$32.54 BAM 56.6

$60.0 £44.99

-45.74%

Tennis Court (1 Hour on Weekend)

$21.29 £15.97

Cinema Ticket

$5.81 BAM 10.10

$17.74 £13.31

-67.25%

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

$151 BAM 262

$2,864 £2,149

-94.73%

International Primary School, 1 Child (Yearly)

$4,113 BAM 7,151

$35.3K £26.5K

-88.36%

Jeans (Levis 501 Or Similar)

$38.12 BAM 66.3

$114 £85.5

-66.57%

Summer Dress (H&M, Zara, etc)

$33.12 BAM 57.6

$54.3 £40.71

-38.97%

Sport Shoes (Adidas, Nike)

$60.3 BAM 105

$124 £93.2

-51.51%

Men's Leather Business Shoes

$99.4 BAM 173

$163 £122

-39.05%

1-bedroom Apartment, City Center (Monthly)

$354 BAM 615

$2,869 £2,152

-87.68%

1-bedroom Apartment, Outside City Center (Monthly)

$221 BAM 384

$2,233 £1,675

-90.12%

3-bedroom Apartment, City Center (Monthly)

$551 BAM 959

$5,266 £3,951

-89.53%

3-bedroom Apartment, Outside City Center (Monthly)

$344 BAM 598

$3,778 £2,835

-90.89%

Buy Apartment in City Center (m2)

$2,142 BAM 3,724

$18.3K £13.8K

-88.32%

Buy Apartment Outside City Center (m2)

$1,804 BAM 3,137

$8,024 £6,020

-77.52%

Average Monthly Net Salary (After Tax)

$422 BAM 733

$5,037 £3,779

-91.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.3

4.74

-9.28%

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

Last update for Gorazde: October 10, 2026

Last update for London: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Gorazde

$221 25.2%

London

$2.2K 56% 912% $2K

Groceries & Markets

Gorazde

$209 23.9%

London

$349 8.8% 67% $140

Monthly Utilities & Internet

Gorazde

$172 19.6%

London

$430 10.8% 151% $259

Eating Out

Gorazde

$117 13.3%

London

$388 9.7% 232% $271

Clothing & Footwear

Gorazde

$104 11.9%

London

$205 5.1% 97.3% $101

Sport & Entertainment

Gorazde

$44 5%

London

$95 2.4% 116% $51

Getting Around

Gorazde

$9.5 * 1.1%

London

$285 7.2% 2898% $276

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 $2,869 in London. 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 1095% higher in London, 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 $107 in London. Monthly groceries follow the same trend: $209 vs $349 – making Gorazde the more affordable choice for daily food spending.

Good to know

🇧🇦 Gorazde

🇬🇧 London

🕒 Local time

03:41 3:41 AM

02:41 2:41 AM

1 h behind Gorazde

🌤 Weather

👥 Population

20,897

8,908,083 Capital

💱 Currency

Bosnia and Herzegovina Convertible Mark BAM KM

British Pound GBP £

📈 Exchange rate

1 BAM = 0.575 USD

1 BAM = 0.512 EUR

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

Exchange rates and currency converter

GBP, 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).

British Pound exchange rates as of October 19, 2026: 1 USD = 0.75 GBP (1 GBP = 1.33 USD). 1 EUR = 0.843 GBP (1 GBP = 1.19 EUR).

USD to BAM in detail →

On the map

Lowest

Highest

Between locations

Gorazde London 1,670 km ≈ 2 h 30 min nonstop flight

From you

Gorazde
London

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 London: Cost of Living - Frequently Asked Questions

London costs about 355% 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 $5,979 in London. 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 $3,986 in London. That's a gap of about 355%.

Kindergarten costs $151 per month in Gorazde and $2,864 in London. 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 London at $3,986. In Gorazde it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Gorazde costs $876 versus $3,986 in London. 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, London makes more sense. Both are solid long-term options with distinct trade-offs.