Published: Monday, 21th October 2024
The cost of living in Albania is 1.49 times less expensive as compared to Bosnia and Herzegovina.
On this page, you will find side-by-side cost comparison between Albania and Bosnia and Herzegovina. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Albania and Bosnia and Herzegovina.
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Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
1 BHK Apartment in City Center | 40,000 ALL (376 USD) | 389.66 BAM (210.42 USD) |
2 BHK Apartment in City Center | 60,000 ALL (564 USD) | 645 BAM (348.30 USD) |
3 BHK Apartment in City Center | 80,000 ALL (752 USD) | 1,109 BAM (598.86 USD) |
1 BHK Apartment outside City Center | 25,000 ALL (235 USD) | 289.70 BAM (156.44 USD) |
2 BHK Apartment outside City Center | 40,000 ALL (376 USD) | 459 BAM (247.86 USD) |
3 BHK Apartment outside City Center | 55,000 ALL (517 USD) | 643 BAM (347.22 USD) |
Mortgage Rates Per Month | 4.2 % | 4.11 % |
Realtor Commission | 3 % | 5 % |
Property Taxes | Yet to Update | Yet to Update |
The average housing cost in Albania is 1.48 times more expensive than Bosnia and Herzegovina.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Basic Home Furnishing | 50,000 ALL (470 USD) | 1,000 BAM (540 USD) |
Electricity Cost Per Month | 4,000 ALL (37.60 USD) | 50 BAM (27 USD) |
Heating Cost Per Month | 6,000 ALL (56.40 USD) | 150 BAM (81 USD) |
Cooling Cost Per Month | 4,000 ALL (37.60 USD) | 50 BAM (27 USD) |
Water Supply Cost Per Month | 1,500 ALL (14.10 USD) | 20 BAM (10.80 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 10.22% less for Utilities.
The basic home furnishing in Albania costs 1.15 times less compared to Bosnia and Herzegovina.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Standard Wifi Cost Per Month | 2,000 ALL (18.80 USD) | 44 BAM (23.76 USD) |
Mobile Phone Basic Plan Cost Per Month | 1,000 ALL (9.40 USD) | 20 BAM (10.80 USD) |
Landline Basic Plan Cost Per Month | 1,000 ALL (9.40 USD) | 15 BAM (8.10 USD) |
Cable TV Basic Plan Cost Per Month | 2,500 ALL (23.50 USD) | 25 BAM (13.50 USD) |
The internet and communication costs 8.80% more in Albania compared to Bosnia and Herzegovina.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Long Grain Rice (1 KG) | 100 ALL (0.94 USD) | 2.50 BAM (1.35 USD) |
Milk (1 Liter) | 130 ALL (1.22 USD) | 2.23 BAM (1.20 USD) |
Water (1 Liter) | 30 ALL (0.28 USD) | 1.70 BAM (0.92 USD) |
Bread (500 gm) | 60 ALL (0.56 USD) | 1.65 BAM (0.89 USD) |
Eggs (1 Dozen) | 170 ALL (1.60 USD) | 5.17 BAM (2.79 USD) |
Cheese (1 KG) | 750 ALL (7.05 USD) | 11 BAM (5.94 USD) |
Chicken Breast (1 KG) | 500 ALL (4.70 USD) | 5.58 BAM (3.01 USD) |
In Albania, the cost of 1 Liter Water and 1 Liter Milk is 1.41 times less expensive than the cost in Bosnia and Herzegovina.
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.54% more for Groceries.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Apples (1 KG) | 90 ALL (0.85 USD) | 2.29 BAM (1.24 USD) |
Bananas (1 KG) | 130 ALL (1.22 USD) | 1.25 BAM (0.68 USD) |
Oranges (1 KG) | 120 ALL (1.13 USD) | 1.20 BAM (0.65 USD) |
Tomatoes (1 KG) | 80 ALL (0.75 USD) | 3.31 BAM (1.79 USD) |
Potatoes (1 KG) | 50 ALL (0.47 USD) | 1.58 BAM (0.85 USD) |
Lemons (1 KG) | 120 ALL (1.13 USD) | 3 BAM (1.62 USD) |
Onions (1 KG) | 70 ALL (0.66 USD) | 0.71 BAM (0.38 USD) |
Lentils (1 KG) | 150 ALL (1.41 USD) | 3 BAM (1.62 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.16 times less for Fruits and Vegetables.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Meal at a Resonable Restaurant | 500 ALL (4.70 USD) | 9.79 BAM (5.29 USD) |
Three-Course Meal for Two | 2,500 ALL (23.50 USD) | 50 BAM (27 USD) |
Fast Food Combo Meal | 600 ALL (5.64 USD) | 8.45 BAM (4.56 USD) |
Normal Coffee | 100 ALL (0.94 USD) | 2.34 BAM (1.26 USD) |
Soft Drink | 70 ALL (0.66 USD) | 2.61 BAM (1.41 USD) |
Pizza for One | 600 ALL (5.64 USD) | 8 BAM (4.32 USD) |
Take-Out Delivery Meal | 400 ALL (3.76 USD) | 10 BAM (5.40 USD) |
Cigarette Pack of 20 | 250 ALL (2.35 USD) | 6.08 BAM (3.28 USD) |
Dining-Out costs 10.16% less in Albania compared to Bosnia and Herzegovina.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Wine Mid-Range Bottle | 600 ALL (5.64 USD) | 17 BAM (9.18 USD) |
Glass of Wine | 250 ALL (2.35 USD) | 5 BAM (2.70 USD) |
Domestic Beer Half Liter | 120 ALL (1.13 USD) | 1.65 BAM (0.89 USD) |
Imported Beer Half Liter | 200 ALL (1.88 USD) | 2.86 BAM (1.54 USD) |
Domestic Alcohol 1 Liter | 800 ALL (7.52 USD) | 20 BAM (10.80 USD) |
Branded Alcohol 1 Liter | 1,000 ALL (9.40 USD) | 30 BAM (16.20 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.48 times less for usual hard drinks.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Monthly Public Transportation Pass | 1,200 ALL (11.28 USD) | 59.33 BAM (32.04 USD) |
Single Public Transportation Ticket | 40 ALL (0.38 USD) | 1.50 BAM (0.81 USD) |
Single Train Ticket | 300 ALL (2.82 USD) | 5 BAM (2.70 USD) |
Domestic Airplane Ticket | 7,000 ALL (65.80 USD) | 100 BAM (54 USD) |
Taxi Start Fare | 250 ALL (2.35 USD) | 2 BAM (1.08 USD) |
Taxi Rate Per Kilometer | 80 ALL (0.75 USD) | 3 BAM (1.62 USD) |
Car Rental Per Day | 2,500 ALL (23.50 USD) | 50 BAM (27 USD) |
Parking Fees in City Center Per Hour | 50 ALL (0.47 USD) | 2 BAM (1.08 USD) |
Parking Fees outside City Center Per Hour | 30 ALL (0.28 USD) | 1 BAM (0.54 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.12 times less for transportation.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,500,000 ALL (14,100 USD) | 42,377.19 BAM (22,883.68 USD) |
Vehicle Registration Cost | 1,500 ALL (14.10 USD) | 50 BAM (27 USD) |
Driving License Fees | 10,000 ALL (94 USD) | 100 BAM (54 USD) |
Car Insurance Cost | 2,000 ALL (18.80 USD) | 400 BAM (216 USD) |
Car Maintenance Cost | 1,500 ALL (14.10 USD) | 200 BAM (108 USD) |
Car Loan Interest Rates | 6 % | 4 % |
Fuel Per Liter | 200 ALL (1.88 USD) | 2.92 BAM (1.58 USD) |
Fuel Per Gallon | 750 ALL (7.05 USD) | 9.90 BAM (5.35 USD) |
Average Toll Fees | 300 ALL 2.82 USD | 5 BAM 2.70 USD |
You would have to pay 1.63 times less for Vehicle purchase, daily operation and maintenance in Albania compared to that of Bosnia and Herzegovina.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Doctor Visit | 2,000 ALL (18.80 USD) | 20 BAM (10.80 USD) |
Specialist Visit | 4,000 ALL (37.60 USD) | 50 BAM (27 USD) |
Dentist Visit | 3,000 ALL (28.20 USD) | 30 BAM (16.20 USD) |
Eye Exam | 1,500 ALL (14.10 USD) | 25 BAM (13.50 USD) |
Mental Health Counseling | 4,000 ALL (37.60 USD) | 50 BAM (27 USD) |
Preventive Health Screening | 2,500 ALL (23.50 USD) | 50 BAM (27 USD) |
Physical Therapy | 3,000 ALL (28.20 USD) | 50 BAM (27 USD) |
Emergency Room Visit | 8,000 ALL (75.20 USD) | 100 BAM (54 USD) |
Hospital Stay Per Night | 20,000 ALL (188 USD) | 200 BAM (108 USD) |
Vaccinations | 1,500 ALL (14.10 USD) | 30 BAM (16.20 USD) |
Prescription Medication | 1,000 ALL (9.40 USD) | 10 BAM (5.40 USD) |
Over the Counter Medication | 500 ALL (4.70 USD) | 5 BAM (2.70 USD) |
Health Insurance Premiums | 5,000 ALL (47 USD) | 100 BAM (54 USD) |
Health Insurance Deductibles | 10,000 ALL (94 USD) | 50 BAM (27 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.49 times more for Health and Medical Treatment.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Cosmetic Procedures | 30,000 ALL (282 USD) | 200 BAM (108 USD) |
Spa Treatment | 2,000 ALL (18.80 USD) | 50 BAM (27 USD) |
Manicure Pedicure Cost | 1,500 ALL (14.10 USD) | 20 BAM (10.80 USD) |
Optical Glasses Cost | 8,000 ALL (75.20 USD) | 100 BAM (54 USD) |
Contact Lenses Cost | 5,000 ALL (47 USD) | 50 BAM (27 USD) |
Haircuts | 500 ALL (4.70 USD) | 10 BAM (5.40 USD) |
Hair Coloring | 800 ALL (7.52 USD) | 20 BAM (10.80 USD) |
Shampoo Price | 400 ALL (3.76 USD) | 5 BAM (2.70 USD) |
Toothpaste Price | 200 ALL (1.88 USD) | 3 BAM (1.62 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.84 times more for Personal Care Items and Treatment.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Pair of Nike Running Shoes | 7,000 ALL (65.80 USD) | 178 BAM (96.12 USD) |
Men's Shirt | 1,500 ALL (14.10 USD) | 50 BAM (27 USD) |
Women's Dress | 3,000 ALL (28.20 USD) | 70 BAM (37.80 USD) |
Summer Dress | 2,000 ALL (18.80 USD) | 50 BAM (27 USD) |
Men's Suit | 10,000 ALL (94 USD) | 300 BAM (162 USD) |
Men's Jeans | 3,000 ALL (28.20 USD) | 144 BAM (77.76 USD) |
Women's Jeans | 2,500 ALL (23.50 USD) | 100 BAM (54 USD) |
Men's Formal Shoes | 5,000 ALL (47 USD) | 144 BAM (77.76 USD) |
Women's Formal Shoes | 4,500 ALL (42.30 USD) | 100 BAM (54 USD) |
Men's Casual Shoes | 4,000 ALL (37.60 USD) | 100 BAM (54 USD) |
Women's Casual Shoes | 3,000 ALL (28.20 USD) | 80 BAM (43.20 USD) |
Underwear For Men | 500 ALL (4.70 USD) | 10 BAM (5.40 USD) |
Underwear For Women | 600 ALL (5.64 USD) | 10 BAM (5.40 USD) |
Socks For Men | 200 ALL (1.88 USD) | 5 BAM (2.70 USD) |
Socks For Women | 250 ALL (2.35 USD) | 5 BAM (2.70 USD) |
Wintercoat for Adults | 7,000 ALL (65.80 USD) | 200 BAM (108 USD) |
Sportswear | 3,000 ALL (28.20 USD) | 80 BAM (43.20 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.64 times less for Clothing and Footwear for Adults.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Children's Jeans | 2,000 ALL (18.80 USD) | 60 BAM (32.40 USD) |
Children's Normal Sneakers | 2,500 ALL (23.50 USD) | 80 BAM (43.20 USD) |
Children's Winter Coat | 5,000 ALL (47 USD) | 100 BAM (54 USD) |
Daycare for Infant | 7,000 ALL (65.80 USD) | 275.19 BAM (148.60 USD) |
Daycare for Toddler | 6,000 ALL (56.40 USD) | 275.19 BAM (148.60 USD) |
Childcare for Sick Days | 3,000 ALL (28.20 USD) | 100 BAM (54 USD) |
Early Childhood Education Programs | 10,000 ALL (94 USD) | 200 BAM (108 USD) |
Extra Curricular Activities | 2,000 ALL (18.80 USD) | 50 BAM (27 USD) |
Summer Camp for Kids | 7,000 ALL (65.80 USD) | 200 BAM (108 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.73 times less for Childcare and kids clothing.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
PreSchool Fees | 5,000 ALL (47 USD) | 275.19 BAM (148.60 USD) |
Primary School Fees | 8,000 ALL (75.20 USD) | 2,000 BAM (1,080 USD) |
Secondary School Fees | 10,000 ALL (94 USD) | 3,000 BAM (1,620 USD) |
Private School Fees | 15,000 ALL (141 USD) | 4,000 BAM (2,160 USD) |
University Tuition Fees | 30,000 ALL (282 USD) | 3,000 BAM (1,620 USD) |
University Private Tuition Fees | 40,000 ALL (376 USD) | 5,000 BAM (2,700 USD) |
After School Activities | 2,000 ALL (18.80 USD) | 50 BAM (27 USD) |
Special Education Services | 8,000 ALL (75.20 USD) | 300 BAM (162 USD) |
Tutoring | 1,500 ALL (14.10 USD) | 20 BAM (10.80 USD) |
Textbooks Cost | 1,000 ALL (9.40 USD) | 100 BAM (54 USD) |
School Supplies | 1,500 ALL (14.10 USD) | 50 BAM (27 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 8.38 times less for school and education.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Movie Ticket (Single) | 400 ALL (3.76 USD) | 7.38 BAM (3.99 USD) |
Theater Ticket (Single) | 700 ALL (6.58 USD) | 20 BAM (10.80 USD) |
Concert Ticket (Single) | 1,000 ALL (9.40 USD) | 30 BAM (16.20 USD) |
Sports Event Ticket (Single) | 600 ALL (5.64 USD) | 15 BAM (8.10 USD) |
Gym Membership | 2,500 ALL (23.50 USD) | 44.42 BAM (23.99 USD) |
Swimming Pool Access | 1,000 ALL (9.40 USD) | 20 BAM (10.80 USD) |
Museum Entry Ticket | 200 ALL (1.88 USD) | 5 BAM (2.70 USD) |
Zoo Entry Ticket | 300 ALL (2.82 USD) | 5 BAM (2.70 USD) |
Amusement Park Entry Ticket | 500 ALL (4.70 USD) | 10 BAM (5.40 USD) |
Bowling | 400 ALL (3.76 USD) | 10 BAM (5.40 USD) |
Mini Golf | 300 ALL (2.82 USD) | 10 BAM (5.40 USD) |
Video Games | 5,000 ALL (47 USD) | 50 BAM (27 USD) |
Streaming Services | 800 ALL (7.52 USD) | 10 BAM (5.40 USD) |
Outdoor Equipment Rental | 2,000 ALL (18.80 USD) | 20 BAM (10.80 USD) |
Theme Park Annual Pass | 10,000 ALL (94 USD) | 100 BAM (54 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.25 times more for entertainment, recreation and fun activities.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Language Classes | 3,000 ALL (28.20 USD) | 50 BAM (27 USD) |
Parenting Classes | 1,000 ALL (9.40 USD) | 50 BAM (27 USD) |
Art Classes | 1,500 ALL (14.10 USD) | 20 BAM (10.80 USD) |
Fitness Classes | 1,500 ALL (14.10 USD) | 15 BAM (8.10 USD) |
Music Lessons | 2,000 ALL (18.80 USD) | 20 BAM (10.80 USD) |
Dance Lessons | 2,000 ALL (18.80 USD) | 20 BAM (10.80 USD) |
Reading Materials for Classes | 700 ALL (6.58 USD) | 10 BAM (5.40 USD) |
Educational Software | 2,000 ALL (18.80 USD) | 100 BAM (54 USD) |
If you lived in Albania, instead of Bosnia and Herzegovina, you would have to pay 1.20 times less for Private Classes.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Average Gross Monthly Salary | 60,000 ALL (564 USD) | 1,500 BAM (810 USD) |
Average Net Monthly Salary | 50,000 ALL (470 USD) | 1,000 BAM (540 USD) |
Minimum Wages | 1,000 ALL per hour (9.40 USD) | 15 BAM per hour (8.10 USD) |
Average Bonus | 5,000 ALL (47 USD) | 100 BAM (54 USD) |
Income Tax Rate | 0 to 23 % | 0 to 17 % |
Social Security Contributions | 12.8 % | 17 % |
Pension Contributions | 6.8 % | 6 % |
Cost of Living Index | 40 | 40 |
Median Household Income | 500,000 ALL (4,700 USD) | 2,000 BAM (1,080 USD) |
If you lived in Albania, you would earn 2.32 times more salary as compared to Bosnia and Herzegovina.
Indicators | Albania | Bosnia and Herzegovina |
---|---|---|
Legal Consultation Per Hour Rate | 3,000 ALL (28.20 USD) | 50 BAM (27 USD) |
Accounting Services Per Hour Rate | 2,500 ALL (23.50 USD) | 30 BAM (16.20 USD) |
IT Support Services Per Hour Rate | 3,500 ALL (32.90 USD) | 40 BAM (21.60 USD) |
Technician Services Per Hour Rate | 2,000 ALL (18.80 USD) | 30 BAM (16.20 USD) |
Professional Services cost 1.28 times more in Albania, as compared to Bosnia and Herzegovina.
We hope you enjoyed the detailed guide on the cost of living comparsion between Albania and Bosnia and Herzegovina.
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