Bosnia and Herzegovina: Where your new chapter begins.

Prices and Cost of Living in Bosnia and Herzegovina

Here you’ll find information about the cost of living and prices in Bosnia and Herzegovina. Whether you’re planning to live, work, or just visit the country, it’s important to have a solid understanding of the costs, from everyday goods to real estate prices. This page provides you with a comprehensive overview of the prices and expenses for a wide range of products and services across various cities and regions in Bosnia and Herzegovina.

Insight into Prices and Cost of Living in Bosnia and Herzegovina

Bosnia and Herzegovina offers an attractive price level compared to many other European countries. This makes it an appealing destination for both expatriates and tourists, as the cost of living is significantly lower. The following information provides an overview of the average costs for everyday products and services, helping you better plan your expenses.

1 Convertible Mark (KM) equals 0.51 Euro (€)

Financial Overview – Salaries, Pensions, and More

CategoryIncome
Average Salary (Net)1,415 KM
Minimum Pension618.3 KM
Minimum Wage619 KM (FBiH), 900 KM (RS)

Education Costs

Level of EducationPublic InstitutionPrivate InstitutionAdditional Costs (e.g. materials, excursions)
Preschool
Kindergarten235,70 KM per month500 KM per month
University (per year)7,000 KM8,000 KM

Utility Costs

ServiceAverage Costs
Electricity (Higher Tariff)0.2 KM (kWh)
Electricity (Lower Tariff)0.1 KM (kWh)
Water1.2 KM (m3)
Sewage0.6 KM (m3)
Waste Collection0.3 KM (m2)
Firewood126.1 KM (m3)
Heating Oil2.3 KM (l)
Natural Gas1.1 KM (m3)
Broadcasting Fee7.5 KM (monthly)
Landline Phone – Basic Fee13.5 KM (monthly)

Real Estate Prices in Bosnia and Herzegovina

RegionAverage Rent (2-bedroom apartment in city center, monthly)Average Purchase Price (per m² in city center)
Sarajevo600 KM5,000 KM
Banja Luka560 KM4,100 KM
Mostar450 KM2,800 KM

Food and Drink

ItemPrice in Café/RestaurantPrice in Supermarket
Coffee2 KMn/a
Local Beer (0.5 liter)3 KM1.5 KM
Lunch (regular restaurant)10 KMn/a
Dinner for two (mid-range restaurant, three courses)60 KMn/a
Slice of cake3 KMn/a

Services and Leisure

ServiceCost
Cinema ticket (per person)7 KM
Standard haircut in a barbershop10 KM
Gym membership (monthly)50 KM
Pack of cigarettes6,3 KM

Transport and Fuel

Fuel TypePrice per Liter
Gasoline2.40 KM
Diesel2.40 KM
Taxi (per 1 KM)2,10 KM

Everyday Products & Groceries

ProductPrice
Milk (1l)2,3 KM
Eggs (10)4 KM
Sunflower oil (1l)2.7 KM
Fresh white bread (500g)1.80 KM
Potatoes (1 kg)1.30 KM
Baby diapers (pack – 66 pieces)22 KM
Sugar (1 kg)1.9 KM
Chicken fillet (1 kg)11 KM
Mineral water (1.5 l)1 KM
Coca-Cola (1 l)1.45 KM
Salt (1 kg)1.30 KM
Fresh trout (1 kg)12.90 KM

The prices mentioned above for food, restaurant prices, or groceries in Bosnia and Herzegovina are intended as a guideline and may vary depending on the region, season, and market conditions. They are based on data from the Agencija za statistiku Bosne i Hercegovine (Agency for Statistics of Bosnia and Herzegovina) as well as personal experiences and research.

For the most up-to-date and accurate prices for beer, cigarettes, or other products, it is recommended to check locally or consult directly with merchants and service providers. Alternatively, you can also visit websites like ustedite.ba to browse flyers and current offers from various stores in Bosnia and Herzegovina.

Last updated on December 20, 2024

We hope this information helps you better plan and budget for your stay or move to Bosnia and Herzegovina. These data are regularly updated to ensure the accuracy of the information.

If you think any information is missing, incorrect, or if you have any questions or feedback, feel free to send us a message at: info@lifeinbih.com