Last update: Oct 2026

Cost of Living Comparison Between Neum and Chiang Mai

For one person, living costs are similar in Neum and in Chiang Mai: $923 and $936 a month, rent and utilities included.

45

Cost of Living Index in Neum
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Neum Living Index
45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index

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Neum

🇧🇦 Bosnia and Herzegovina

$923

/mo nomad

Chiang Mai

🇹🇭 Thailand

$936

/mo nomad

Monthly Cost of Living

How much you'll spend in Neum and in Chiang Mai

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

A single person spends $923 per month in Neum vs $936 in Chiang Mai, rent included.

Neum $923
Chiang Mai $936

A couple spends around $1,388 per month in Neum vs $1,457 in Chiang Mai, rent included.

Neum $1,388
Chiang Mai $1,457

A family of three spends $1,852 per month in Neum vs $1,979 in Chiang Mai, rent included.

Neum $1,852
Chiang Mai $1,979

Neum and Chiang Mai have comparable living costs – the differences are in the details.

Both Neum and Chiang Mai are more affordable than the global median – Neum 32% lower, Chiang Mai 31% lower.

Meal at Budget Restaurant

$5.00 BAM 8.73

$2.24 ฿75.5

123.21%

Three-Course Dinner for Two, Mid-Range

$31.00 BAM 54.2

$19.00 ฿640

63.16%

Fast Food Meal (McDonalds, etc)

$5.68 BAM 9.91

$5.55 ฿187

2.34%

Cappuccino

$1.81 BAM 3.16

$1.67 ฿56.4

8.38%

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

$1.94 BAM 3.39

$0.64 ฿21.51

203.12%

Water (0.33 liter bottle)

$1.25 BAM 2.18

$0.31 ฿10.29

303.23%

Local Beer (0.5 liter draught)

$2.60 BAM 4.54

$2.36 ฿79.5

10.17%

Imported Beer (0.33 liter bottle)

$2.21 BAM 3.85

$3.66 ฿123

-39.62%

Milk (1 liter)

$1.16 BAM 2.03

$1.95 ฿65.7

-40.51%

White Bread (500g)

$0.90 BAM 1.57

$1.44 ฿48.41

-37.50%

Rice (white) (1kg)

$2.08 BAM 3.64

$1.33 ฿44.97

56.39%

Eggs

$2.59 BAM 4.52

$2.28 ฿77.0

13.60%

Local Cheese (1kg)

$7.55 BAM 13.18

$16.45 ฿554

-54.10%

Chicken Fillets (1kg)

$7.08 BAM 12.37

$2.78 ฿93.8

154.68%

Beef Round Steak (1kg)

$10.69 BAM 18.68

$9.31 ฿314

14.82%

Apples (1kg)

$1.10 BAM 1.92

$2.35 ฿79.3

-53.19%

Banana (1kg)

$1.63 BAM 2.85

$0.97 ฿32.75

68.04%

Oranges (1kg)

$1.39 BAM 2.43

$1.60 ฿53.8

-13.13%

Tomato (1kg)

$1.16 BAM 2.02

$1.50 ฿50.6

-22.67%

Potato (1kg)

$0.98 BAM 1.72

$1.28 ฿43.06

-23.44%

Onion (1kg)

$0.99 BAM 1.73

$1.10 ฿37.14

-10.00%

Lettuce (1 head)

$0.77 BAM 1.35

$0.71 ฿23.79

8.45%

Water (1.5 liter bottle)

$0.67 BAM 1.18

$0.49 ฿16.34

36.73%

Cigarettes 20 Pack (Marlboro, Camel)

$3.87 BAM 6.76

$4.14 ฿140

-6.52%

Wine (Bottle)

$4.11 BAM 7.19

$17.52 ฿590

-76.54%

Local Beer (0.5 liter bottle)

$0.79 BAM 1.38

$1.61 ฿54.4

-50.93%

Imported Beer (0.33 liter bottle)

$0.89 BAM 1.56

$2.78 ฿93.8

-67.99%

One-way Ticket (Public Transport)

$1.19 BAM 2.08

$0.87 ฿29.27

36.78%

Public Transport Monthly Pass (Regular Price)

$56.7 BAM 99.0

$54.1 ฿1,823

4.83%

Taxi Start (Normal Tariff)

$1.75 BAM 3.05

$1.16 ฿39.00

50.86%

Taxi (Normal Tariff) (1km)

$0.60 BAM 1.04

$0.53 ฿17.78

13.21%

Taxi 1hour Waiting (Normal Tariff)

$5.80 BAM 10.14

$2.42 ฿81.6

139.67%

Gasoline (1 liter)

$1.56 BAM 2.73

$1.45 ฿48.82

7.59%

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

$29.8K BAM 52.1K

$21.1K ฿709.7K

41.57%

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

$21.4K BAM 37.3K

$26.9K ฿907.9K

-20.68%

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

$135 BAM 236

$62.2 ฿2,095

117.40%

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

$17.71 BAM 30.93

$12.17 ฿410

45.52%

Internet (50+ Mbps, Unlimited Data)

$25.81 BAM 45.08

$20.12 ฿678

28.28%

Gym Membership (Monthly)

$33.44 BAM 58.4

$37.31 ฿1,257

-10.37%

Tennis Court (1 Hour on Weekend)

$12.73 BAM 22.24

$3.77 ฿127

237.67%

Cinema Ticket

$6.93 BAM 12.11

$6.49 ฿219

6.78%

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

$195 BAM 340

$736 ฿24.8K

-73.56%

International Primary School, 1 Child (Yearly)

$2,298 BAM 4,013

$14.8K ฿497.6K

-84.44%

Jeans (Levis 501 Or Similar)

$57.5 BAM 100

$53.4 ฿1,799

7.79%

Summer Dress (H&M, Zara, etc)

$32.40 BAM 56.6

$24.64 ฿830

31.49%

Sport Shoes (Adidas, Nike)

$86.7 BAM 151

$91.5 ฿3,083

-5.27%

Men's Leather Business Shoes

$80.8 BAM 141

$71.9 ฿2,424

12.29%

1-bedroom Apartment, City Center (Monthly)

$311 BAM 544

$482 ฿16.3K

-35.48%

1-bedroom Apartment, Outside City Center (Monthly)

$220 BAM 385

$309 ฿10.4K

-28.65%

3-bedroom Apartment, City Center (Monthly)

$524 BAM 916

$1,006 ฿33.9K

-47.89%

3-bedroom Apartment, Outside City Center (Monthly)

$350 BAM 612

$633 ฿21.3K

-44.73%

Buy Apartment in City Center (m2)

$2,299 BAM 4,017

$2,363 ฿79.6K

-2.69%

Buy Apartment Outside City Center (m2)

$1,585 BAM 2,769

$1,589 ฿53.6K

-0.25%

Average Monthly Net Salary (After Tax)

$872 BAM 1,523

$590 ฿19.9K

47.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.9

5.57

-47.94%

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

Last update for Neum: October 26, 2026

Last update for Chiang Mai: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Neum

$220 23.9%

Chiang Mai

$309 33% 40.2% $89

Groceries & Markets

Neum

$186 20.2%

Chiang Mai

$234 25.1% 25.9% $48

Monthly Utilities & Internet

Neum

$179 19.4%

Chiang Mai

$94 10.1% 47.1% $84

Clothing & Footwear

Neum

$116 12.5%

Chiang Mai

$109 11.6% 6.2% $7.2

Eating Out

Neum

$109 11.8%

Chiang Mai

$78 8.3% 28.8% $31

Getting Around

Neum

$66 7.2%

Chiang Mai

$61 6.6% 7.3% $4.8

Sport & Entertainment

Neum

$47 5.1%

Chiang Mai

$50 5.4% 6.3% $3

Cost Breakdown

A central one-bedroom costs $311 in Neum versus $482 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 48% higher in Neum. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $31 in Neum versus $19 in Chiang Mai. Groceries tell a different story – $186 in Neum vs $234 in Chiang Mai – so Neum wins on supermarket bills even if dining out costs more.

Good to know

🇧🇦 Neum

🇹🇭 Chiang Mai

🕒 Local time

11:16 11:16 AM

17:16 5:16 PM

6 h ahead of Neum

🌤 Weather

👥 Population

3,200

127,240

💱 Currency

Bosnia and Herzegovina Convertible Mark BAM KM

Thai Baht THB ฿

📈 Exchange rate

1 BAM = 0.572 USD

1 BAM = 0.511 EUR

100 THB = 2.97 USD

100 THB = 2.65 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 November 3, 2026: 1 USD = 1.75 BAM (1 BAM = 0.572 USD). 1 EUR = 1.96 BAM (1 BAM = 0.511 EUR).

Thai Baht exchange rates as of November 3, 2026: 1 USD = 33.7 THB (100 THB = 2.97 USD). 1 EUR = 37.73 THB (100 THB = 2.65 EUR).

USD to BAM in detail →

On the map

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Between locations

Neum Chiang Mai 7,910 km ≈ 10 h nonstop flight

From you

Neum
Chiang Mai

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

Neum vs Chiang Mai: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $1,385 per month in Neum and $1,403 in Chiang Mai. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Neum, especially for central apartments: a one-bedroom in the center costs $311 there versus $482 in Chiang Mai.

A mid-range dinner for two costs $31 in Neum and $19 in Chiang Mai. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 5% less in Chiang Mai. For daily commuters, that gap adds up to noticeable savings over a year.

$1,200 covers both cities comfortably – all-in costs are $923 in Neum and $936 in Chiang Mai, leaving budget for savings and extras in both cases.

Families tend to lean toward Neum – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.