Cost of Living Comparison Between Herceg Novi and Chiang Mai Cost of Living Comparison Between Herceg Novi and Chiang Mai

Monthly Cost of Living

A single person spends $1,282 per month in Herceg Novi vs $947 in Chiang Mai, rent included.

A couple spends around $2,079 per month in Herceg Novi vs $1,411 in Chiang Mai, rent included.

A family of three spends $2,876 per month in Herceg Novi vs $1,874 in Chiang Mai, rent included.

Herceg Novi costs about 35% more than Chiang Mai, driven mainly by Eating Out.

Both Herceg Novi and Chiang Mai are more affordable than the global median – Herceg Novi 7% lower, Chiang Mai 31% lower.

Meal at Budget Restaurant

$11.40 €9.80

$2.08 ฿68.6

448.08%

Three-Course Dinner for Two, Mid-Range

$38.04 €32.71

$19.64 ฿646

93.69%

Fast Food Meal (McDonalds, etc)

$9.14 €7.86

$5.65 ฿186

61.77%

Cappuccino

$2.61 €2.24

$1.81 ฿59.4

44.20%

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

$2.56 €2.20

$0.71 ฿23.45

260.56%

Water (0.33 liter bottle)

$1.64 €1.41

$0.32 ฿10.38

412.50%

Local Beer (0.5 liter draught)

$2.92 €2.51

$2.24 ฿73.6

30.36%

Imported Beer (0.33 liter bottle)

$3.53 €3.03

$3.63 ฿119

-2.75%

Milk (1 liter)

$1.20 €1.03

$1.96 ฿64.4

-38.78%

White Bread (500g)

$1.00 €0.86

$1.50 ฿49.39

-33.33%

Rice (white) (1kg)

$2.94 €2.53

$1.34 ฿43.93

119.40%

Eggs

$3.10 €2.66

$2.26 ฿74.5

37.17%

Local Cheese (1kg)

$9.19 €7.90

$16.26 ฿535

-43.48%

Chicken Fillets (1kg)

$7.43 €6.39

$2.95 ฿97.1

151.86%

Beef Round Steak (1kg)

$13.00 €11.18

$9.94 ฿327

30.78%

Apples (1kg)

$1.34 €1.15

$2.57 ฿84.6

-47.86%

Banana (1kg)

$1.57 €1.35

$1.06 ฿34.73

48.11%

Oranges (1kg)

$1.67 €1.44

$1.61 ฿53.0

3.73%

Tomato (1kg)

$2.99 €2.57

$1.52 ฿49.97

96.71%

Potato (1kg)

$0.91 €0.78

$1.27 ฿41.77

-28.35%

Onion (1kg)

$1.36 €1.17

$1.07 ฿35.06

27.10%

Lettuce (1 head)

$1.50 €1.29

$0.72 ฿23.68

108.33%

Water (1.5 liter bottle)

$0.99 €0.85

$0.51 ฿16.72

94.12%

Cigarettes 20 Pack (Marlboro, Camel)

$4.00 €3.44

$4.19 ฿138

-4.53%

Wine (Bottle)

$4.53 €3.90

$17.87 ฿587

-74.65%

Local Beer (0.5 liter bottle)

$1.32 €1.14

$1.69 ฿55.7

-21.89%

Imported Beer (0.33 liter bottle)

$1.84 €1.59

$2.84 ฿93.3

-35.21%

One-way Ticket (Public Transport)

$1.79 €1.54

$0.93 ฿30.43

92.47%

Public Transport Monthly Pass (Regular Price)

$47.38 €40.73

$53.9 ฿1,771

-12.03%

Taxi Start (Normal Tariff)

$3.10 €2.66

$1.23 ฿40.59

152.03%

Taxi (Normal Tariff) (1km)

$1.18 €1.02

$0.58 ฿18.96

103.45%

Taxi 1hour Waiting (Normal Tariff)

$17.63 €15.15

$2.42 ฿79.7

628.51%

Gasoline (1 liter)

$1.80 €1.55

$1.41 ฿46.43

27.66%

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

$33.8K €29.0K

$21.4K ฿705.1K

57.44%

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

$21.8K €18.8K

$27.3K ฿898.7K

-20.11%

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

$137 €118

$63.7 ฿2,093

115.55%

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

$13.28 €11.42

$12.85 ฿423

3.35%

Internet (50+ Mbps, Unlimited Data)

$35.68 €30.67

$20.22 ฿665

76.46%

Gym Membership (Monthly)

$57.8 €49.67

$38.74 ฿1,274

49.15%

Tennis Court (1 Hour on Weekend)

$11.71 €10.07

$3.97 ฿130

194.96%

Cinema Ticket

$8.31 €7.14

$6.74 ฿222

23.29%

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

$466 €400

$778 ฿25.6K

-40.14%

International Primary School, 1 Child (Yearly)

$7,235 €6,220

$14.6K ฿480.4K

-50.48%

Jeans (Levis 501 Or Similar)

$85.9 €73.9

$54.3 ฿1,785

58.22%

Summer Dress (H&M, Zara, etc)

$35.37 €30.41

$25.45 ฿837

38.98%

Sport Shoes (Adidas, Nike)

$74.6 €64.2

$94.3 ฿3,102

-20.88%

Men's Leather Business Shoes

$97.7 €84.0

$73.4 ฿2,415

33.03%

1-bedroom Apartment, City Center (Monthly)

$682 €587

$490 ฿16.1K

39.36%

1-bedroom Apartment, Outside City Center (Monthly)

$415 €357

$289 ฿9,512

43.47%

3-bedroom Apartment, City Center (Monthly)

$1,303 €1,120

$894 ฿29.4K

45.81%

3-bedroom Apartment, Outside City Center (Monthly)

$927 €797

$517 ฿17.0K

79.33%

Buy Apartment in City Center (m2)

$3,887 €3,342

$1,955 ฿64.3K

98.83%

Buy Apartment Outside City Center (m2)

$2,457 €2,112

$1,477 ฿48.6K

66.36%

Average Monthly Net Salary (After Tax)

$1,069 €919

$602 ฿19.8K

77.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

-10.23%

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

Last update for Herceg Novi: August 31, 2026

Last update for Chiang Mai: August 31, 2026

Cost Breakdown

A central one-bedroom costs $682 in Herceg Novi versus $490 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 78% higher in Herceg Novi, 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 Herceg Novi versus $20.00 in Chiang Mai. Groceries tell a different story – $230 in Herceg Novi vs $240 in Chiang Mai – so Herceg Novi wins on supermarket bills even if dining out costs more.

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

Herceg Novi vs Chiang Mai: Cost of Living - Frequently Asked Questions

Herceg Novi costs about 35% more than Chiang Mai, with the gap driven mainly by 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 $1,923 per month in Herceg Novi and $1,421 in Chiang Mai. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Chiang Mai, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $466 per month in Herceg Novi and $778 in Chiang Mai. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Interestingly, groceries are about 4% cheaper in Herceg Novi – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Chiang Mai, where all-in costs run around $947, than in Herceg Novi at $1,282. In Chiang Mai it covers expenses comfortably, while in Herceg Novi it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Chiang Mai costs $947 versus $1,282 in Herceg Novi. 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 Chiang Mai. If higher salaries, better infrastructure, or specific career opportunities are the priority, Herceg Novi makes more sense. Both are solid long-term options with distinct trade-offs.