Last update: Oct 2026

Cost of Living Comparison Between Gorazde and Phuket

For one person, living is cheaper in Gorazde: $921 a month against $1,208 in Phuket, rent and utilities included – about $3,400 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
59

Cost of Living Index in Phuket
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Phuket Living Index

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Gorazde

🇧🇦 Bosnia and Herzegovina

$921

/mo nomad

Phuket

🇹🇭 Thailand

$1,208

/mo nomad

Monthly Cost of Living

How much you'll spend in Gorazde and in Phuket

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

A single person spends $921 per month in Gorazde vs $1,208 in Phuket, rent included.

Gorazde $921
Phuket $1,208

A couple spends around $1,374 per month in Gorazde vs $2,027 in Phuket, rent included.

Gorazde $1,374
Phuket $2,027

A family of three spends $1,828 per month in Gorazde vs $2,845 in Phuket, rent included.

Gorazde $1,828
Phuket $2,845

Gorazde is about 24% cheaper than Phuket, and outside of rent the biggest gap is in groceries.

Both Gorazde and Phuket are more affordable than the global median – Gorazde 32% lower, Phuket 11% lower.

Meal at Budget Restaurant

$6.68 BAM 11.61

$4.40 ฿147

51.82%

Three-Course Dinner for Two, Mid-Range

$37.53 BAM 65.3

$32.26 ฿1,078

16.34%

Fast Food Meal (McDonalds, etc)

$6.66 BAM 11.59

$8.76 ฿293

-23.97%

Cappuccino

$1.69 BAM 2.94

$2.83 ฿94.5

-40.28%

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

$1.88 BAM 3.26

$0.90 ฿30.14

108.89%

Water (0.33 liter bottle)

$1.23 BAM 2.14

$0.47 ฿15.56

161.70%

Local Beer (0.5 liter draught)

$2.35 BAM 4.09

$2.55 ฿85.2

-7.84%

Imported Beer (0.33 liter bottle)

$2.34 BAM 4.07

$3.83 ฿128

-38.90%

Milk (1 liter)

$1.22 BAM 2.13

$1.73 ฿57.7

-29.48%

White Bread (500g)

$1.09 BAM 1.89

$1.47 ฿49.11

-25.85%

Rice (white) (1kg)

$1.98 BAM 3.45

$1.51 ฿50.6

31.13%

Eggs

$2.81 BAM 4.88

$2.17 ฿72.7

29.49%

Local Cheese (1kg)

$9.45 BAM 16.43

$19.70 ฿658

-52.03%

Chicken Fillets (1kg)

$7.08 BAM 12.31

$3.34 ฿112

111.98%

Beef Round Steak (1kg)

$14.17 BAM 24.64

$11.16 ฿373

26.97%

Apples (1kg)

$1.17 BAM 2.04

$2.85 ฿95.1

-58.95%

Banana (1kg)

$1.65 BAM 2.87

$1.70 ฿56.9

-2.94%

Oranges (1kg)

$1.36 BAM 2.36

$2.19 ฿73.3

-37.90%

Tomato (1kg)

$1.68 BAM 2.93

$2.05 ฿68.4

-18.05%

Potato (1kg)

$0.99 BAM 1.72

$1.45 ฿48.57

-31.72%

Onion (1kg)

$1.03 BAM 1.79

$1.38 ฿46.16

-25.36%

Lettuce (1 head)

$1.12 BAM 1.96

$1.07 ฿35.69

4.67%

Water (1.5 liter bottle)

$0.67 BAM 1.17

$0.51 ฿16.91

31.37%

Cigarettes 20 Pack (Marlboro, Camel)

$3.86 BAM 6.71

$4.26 ฿142

-9.39%

Wine (Bottle)

$5.29 BAM 9.20

$18.58 ฿621

-71.53%

Local Beer (0.5 liter bottle)

$0.78 BAM 1.35

$1.78 ฿59.7

-56.18%

Imported Beer (0.33 liter bottle)

$1.04 BAM 1.81

$2.85 ฿95.2

-63.51%

One-way Ticket (Public Transport)

$1.28 BAM 2.22

$2.26 ฿75.6

-43.36%

Public Transport Monthly Pass (Regular Price)

$22.10 ฿738

Taxi Start (Normal Tariff)

$1.73 BAM 3.01

$3.01 ฿101

-42.52%

Taxi (Normal Tariff) (1km)

$0.55 BAM 0.95

$1.06 ฿35.34

-48.11%

Taxi 1hour Waiting (Normal Tariff)

$10.31 BAM 17.92

$3.86 ฿129

167.10%

Gasoline (1 liter)

$1.57 BAM 2.73

$1.45 ฿48.45

8.28%

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

$29.9K BAM 52.0K

$26.3K ฿879.9K

13.51%

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

$21.7K BAM 37.7K

$26.9K ฿900.4K

-19.52%

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

$134 BAM 233

$96.4 ฿3,221

39.13%

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

$16.45 BAM 28.61

$11.04 ฿369

49.00%

Internet (50+ Mbps, Unlimited Data)

$26.37 BAM 45.86

$17.14 ฿573

53.85%

Gym Membership (Monthly)

$32.61 BAM 56.7

$52.2 ฿1,744

-37.50%

Tennis Court (1 Hour on Weekend)

$11.16 ฿373

Cinema Ticket

$5.57 BAM 9.69

$7.81 ฿261

-28.68%

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

$154 BAM 267

$556 ฿18.6K

-72.38%

International Primary School, 1 Child (Yearly)

$3,917 BAM 6,812

$11.6K ฿387.0K

-66.17%

Jeans (Levis 501 Or Similar)

$38.72 BAM 67.3

$64.2 ฿2,146

-39.69%

Summer Dress (H&M, Zara, etc)

$33.26 BAM 57.8

$28.69 ฿959

15.93%

Sport Shoes (Adidas, Nike)

$60.5 BAM 105

$95.4 ฿3,187

-36.56%

Men's Leather Business Shoes

$101 BAM 176

$88.0 ฿2,940

14.81%

1-bedroom Apartment, City Center (Monthly)

$341 BAM 592

$737 ฿24.6K

-53.78%

1-bedroom Apartment, Outside City Center (Monthly)

$251 BAM 436

$462 ฿15.5K

-45.78%

3-bedroom Apartment, City Center (Monthly)

$506 BAM 880

$2,095 ฿70.0K

-75.84%

3-bedroom Apartment, Outside City Center (Monthly)

$360 BAM 626

$1,201 ฿40.1K

-70.01%

Buy Apartment in City Center (m2)

$2,397 BAM 4,168

$3,488 ฿116.6K

-31.28%

Buy Apartment Outside City Center (m2)

$1,751 BAM 3,045

$2,523 ฿84.3K

-30.60%

Average Monthly Net Salary (After Tax)

$435 BAM 756

$501 ฿16.7K

-13.22%

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 17, 2026

Last update for Phuket: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Gorazde

$251 27.2%

Phuket

$462 38.3% 84.4% $212

Groceries & Markets

Gorazde

$212 23.1%

Phuket

$269 22.2% 26.6% $56

Monthly Utilities & Internet

Gorazde

$177 19.2%

Phuket

$125 10.3% 29.6% $52

Eating Out

Gorazde

$123 13.3%

Phuket

$121 10% 1.1% $1.4

Clothing & Footwear

Gorazde

$105 11.4%

Phuket

$124 10.3% 18.3% $19

Sport & Entertainment

Gorazde

$44 4.8%

Phuket

$68 5.6% 54.9% $24

Getting Around

Gorazde

$9.6 * 1%

Phuket

$39 3.3% 312% $30

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

Cost Breakdown

A central one-bedroom costs $341 in Gorazde versus $737 in Phuket. 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 15% higher in Phuket, 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 $32.00 in Phuket. Groceries tell a different story – $212 in Gorazde vs $269 in Phuket – so Gorazde wins on supermarket bills even if dining out costs more.

Good to know

🇧🇦 Gorazde

🇹🇭 Phuket

🕒 Local time

18:56 6:56 PM

23:56 11:56 PM

5 h ahead of Gorazde

🌤 Weather

👥 Population

20,897

79,308

💱 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 20, 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 20, 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

Lowest

Highest

Between locations

Gorazde Phuket 8,550 km ≈ 11 h nonstop flight

From you

Gorazde
Phuket

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 Phuket: Cost of Living - Frequently Asked Questions

Phuket costs about 31% more than Gorazde, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,381 per month in Gorazde and $1,813 in Phuket. 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 $921 in Gorazde and $1,208 in Phuket. That's a gap of about 31%.

Kindergarten costs $154 per month in Gorazde and $556 in Phuket. 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 $921, than in Phuket at $1,208. In Gorazde it covers expenses comfortably, while in Phuket it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Gorazde costs $921 versus $1,208 in Phuket. 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, Phuket makes more sense. Both are solid long-term options with distinct trade-offs.