Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Gorazde

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.

75

Cost of Living Index in Istanbul
Learn more

Istanbul Living Index
45

Cost of Living Index in Gorazde
Learn more

Gorazde Living Index

Jump to prices

Istanbul

🇹🇷 Turkey

$1,550

/mo nomad

Gorazde

🇧🇦 Bosnia and Herzegovina

$876

/mo nomad

Monthly Cost of Living

How much you'll spend in Istanbul and in Gorazde

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Istanbul and in Gorazde actually costs, broken down by who's living it.

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

Istanbul $1,550
Gorazde $876

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

Istanbul $2,415
Gorazde $1,333

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

Istanbul $3,281
Gorazde $1,790

Istanbul costs about 77% more than Gorazde, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$12.30 ₺609

$6.10 BAM 10.61

101.64%

Three-Course Dinner for Two, Mid-Range

$54.7 ₺2,708

$38.27 BAM 66.6

42.93%

Fast Food Meal (McDonalds, etc)

$9.22 ₺456

$6.50 BAM 11.30

41.85%

Cappuccino

$4.40 ₺218

$1.71 BAM 2.98

157.31%

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

$1.68 ₺83.1

$1.73 BAM 3.00

-2.89%

Water (0.33 liter bottle)

$0.59 ₺29.40

$1.15 BAM 2.01

-48.70%

Local Beer (0.5 liter draught)

$4.70 ₺233

$2.38 BAM 4.14

97.48%

Imported Beer (0.33 liter bottle)

$5.91 ₺292

$2.22 BAM 3.86

166.22%

Milk (1 liter)

$1.21 ₺60.0

$1.21 BAM 2.10

White Bread (500g)

$0.89 ₺44.10

$1.12 BAM 1.95

-20.54%

Rice (white) (1kg)

$2.19 ₺108

$1.97 BAM 3.43

11.17%

Eggs

$2.35 ₺116

$2.84 BAM 4.94

-17.25%

Local Cheese (1kg)

$10.42 ₺516

$9.34 BAM 16.24

11.56%

Chicken Fillets (1kg)

$5.65 ₺280

$6.51 BAM 11.32

-13.21%

Beef Round Steak (1kg)

$20.94 ₺1,037

$14.78 BAM 25.70

41.68%

Apples (1kg)

$1.90 ₺94.1

$1.18 BAM 2.05

61.02%

Banana (1kg)

$2.31 ₺114

$1.59 BAM 2.77

45.28%

Oranges (1kg)

$1.28 ₺63.1

$1.36 BAM 2.36

-5.88%

Tomato (1kg)

$1.80 ₺89.0

$1.62 BAM 2.81

11.11%

Potato (1kg)

$0.65 ₺32.16

$0.99 BAM 1.72

-34.34%

Onion (1kg)

$0.64 ₺31.91

$0.92 BAM 1.60

-30.43%

Lettuce (1 head)

$1.25 ₺62.1

$0.95 BAM 1.65

31.58%

Water (1.5 liter bottle)

$0.56 ₺27.58

$0.68 BAM 1.18

-17.65%

Cigarettes 20 Pack (Marlboro, Camel)

$2.37 ₺118

$3.77 BAM 6.56

-37.14%

Wine (Bottle)

$13.42 ₺664

$5.10 BAM 8.86

163.14%

Local Beer (0.5 liter bottle)

$2.40 ₺119

$0.78 BAM 1.35

207.69%

Imported Beer (0.33 liter bottle)

$3.48 ₺172

$0.98 BAM 1.71

255.10%

One-way Ticket (Public Transport)

$0.89 ₺43.84

$1.26 BAM 2.18

-29.37%

Public Transport Monthly Pass (Regular Price)

$67.4 ₺3,338

Taxi Start (Normal Tariff)

$1.29 ₺64.1

$1.69 BAM 2.94

-23.67%

Taxi (Normal Tariff) (1km)

$0.92 ₺45.70

$0.56 BAM 0.98

64.29%

Taxi 1hour Waiting (Normal Tariff)

$10.96 ₺542

$8.92 BAM 15.50

22.87%

Gasoline (1 liter)

$1.47 ₺72.9

$1.52 BAM 2.64

-3.29%

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

$50.8K ₺2.5M

$28.8K BAM 50.1K

76.32%

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

$44.5K ₺2.2M

$19.6K BAM 34.1K

126.93%

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

$88.6 ₺4,387

$129 BAM 224

-31.23%

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

$11.59 ₺574

$16.55 BAM 28.78

-29.97%

Internet (50+ Mbps, Unlimited Data)

$15.81 ₺783

$26.19 BAM 45.54

-39.63%

Gym Membership (Monthly)

$77.2 ₺3,820

$32.54 BAM 56.6

137.12%

Tennis Court (1 Hour on Weekend)

$22.74 ₺1,126

Cinema Ticket

$8.14 ₺403

$5.81 BAM 10.10

40.10%

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

$1,008 ₺49.9K

$151 BAM 262

568.41%

International Primary School, 1 Child (Yearly)

$25.6K ₺1.3M

$4,113 BAM 7,151

521.53%

Jeans (Levis 501 Or Similar)

$54.0 ₺2,671

$38.12 BAM 66.3

41.53%

Summer Dress (H&M, Zara, etc)

$40.83 ₺2,021

$33.12 BAM 57.6

23.28%

Sport Shoes (Adidas, Nike)

$98.9 ₺4,895

$60.3 BAM 105

64.12%

Men's Leather Business Shoes

$96.6 ₺4,783

$99.4 BAM 173

-2.80%

1-bedroom Apartment, City Center (Monthly)

$985 ₺48.7K

$354 BAM 615

178.47%

1-bedroom Apartment, Outside City Center (Monthly)

$650 ₺32.2K

$221 BAM 384

194.55%

3-bedroom Apartment, City Center (Monthly)

$1,983 ₺98.2K

$551 BAM 959

259.65%

3-bedroom Apartment, Outside City Center (Monthly)

$1,180 ₺58.4K

$344 BAM 598

242.91%

Buy Apartment in City Center (m2)

$3,138 ₺155.4K

$2,142 BAM 3,724

46.53%

Buy Apartment Outside City Center (m2)

$1,780 ₺88.1K

$1,804 BAM 3,137

-1.34%

Average Monthly Net Salary (After Tax)

$1,205 ₺59.7K

$422 BAM 733

185.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

40.92

4.3

851.63%

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

Last update for Istanbul: October 13, 2026

Last update for Gorazde: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Istanbul

$650 41.9%

Gorazde

$221 25.2% 66.1% $429

Groceries & Markets

Istanbul

$260 16.8%

Gorazde

$209 23.9% 19.4% $50

Eating Out

Istanbul

$223 14.4%

Gorazde

$117 13.3% 47.7% $107

Clothing & Footwear

Istanbul

$131 8.4%

Gorazde

$104 11.9% 20.5% $27

Monthly Utilities & Internet

Istanbul

$116 7.5%

Gorazde

$172 19.6% 47.9% $56

Sport & Entertainment

Istanbul

$93 6%

Gorazde

$44 5% 52.7% $49

Getting Around

Istanbul

$77 5%

Gorazde

$9.5 * 1.1% 87.6% $67

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

Cost Breakdown

A central one-bedroom costs $985 in Istanbul versus $354 in Gorazde. 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 $55.0 in Istanbul versus $38.00 in Gorazde. Monthly groceries follow the same trend: $260 vs $209 – making Gorazde the more affordable choice for daily food spending.

Good to know

🇹🇷 Istanbul

🇧🇦 Gorazde

🕒 Local time

07:41 7:41 AM

06:41 6:41 AM

1 h behind Istanbul

🌤 Weather

👥 Population

15,701,602

20,897

💱 Currency

Turkish Lira TRY ₺

Bosnia and Herzegovina Convertible Mark BAM KM

📈 Exchange rate

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

1 BAM = 0.575 USD

1 BAM = 0.512 EUR

Exchange rates and currency converter

BAM, USD, EUR to TRY – Turkish Lira Converter

🇺🇸 United States Dollar ($)

🇹🇷 Turkish Lira (₺)

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).

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).

USD to TRY in detail →

On the map

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Between locations

Istanbul Gorazde 870 km ≈ 1 h 30 min nonstop flight

From you

Istanbul
Gorazde

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

Istanbul vs Gorazde: 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 $2,325 per month in Istanbul and $1,314 in Gorazde. 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 $1,550 in Istanbul and $876 in Gorazde. That's a gap of about 77%.

Kindergarten costs $1,008 per month in Istanbul and $151 in Gorazde. 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.