Published: Monday, 21th October 2024
The cost of living in Bosnia and Herzegovina is 3.09 times more expensive as compared to Mongolia.
On this page, you will find side-by-side cost comparison between Bosnia and Herzegovina and Mongolia. 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 Bosnia and Herzegovina and Mongolia.
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 Indicators  | Bosnia and Herzegovina  | Mongolia  |
|---|---|---|
1 BHK Apartment in City Center  | 389.66 BAM (210.42 USD) | 800,000 MNT (232 USD) |
2 BHK Apartment in City Center  | 645 BAM (348.30 USD) | 1,200,000 MNT (348 USD) |
3 BHK Apartment in City Center  | 1,109 BAM (598.86 USD) | 1,600,000 MNT (464 USD) |
1 BHK Apartment outside City Center  | 289.70 BAM (156.44 USD) | 500,000 MNT (145 USD) |
2 BHK Apartment outside City Center  | 459 BAM (247.86 USD) | 800,000 MNT (232 USD) |
3 BHK Apartment outside City Center  | 643 BAM (347.22 USD) | 1,200,000 MNT (348 USD) |
Mortgage Rates Per Month  | 4.11 % | 1.3 % |
Realtor Commission  | 5 % | 2 % |
Property Taxes  | Yet to Update | 0.6 % |
The average housing cost in Bosnia and Herzegovina is 1.10 times more expensive than Mongolia.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Basic Home Furnishing  | 1,000 BAM (540 USD) | 3,000,000 MNT (870 USD) |
Electricity Cost Per Month  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Heating Cost Per Month  | 150 BAM (81 USD) | 70,000 MNT (20.30 USD) |
Cooling Cost Per Month  | 50 BAM (27 USD) | 30,000 MNT (8.70 USD) |
Water Supply Cost Per Month  | 20 BAM (10.80 USD) | 30,000 MNT (8.70 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 25.63% less for Utilities.
The basic home furnishing in Bosnia and Herzegovina costs 1.61 times less compared to Mongolia.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Standard Wifi Cost Per Month  | 44 BAM (23.76 USD) | 40,000 MNT (11.60 USD) |
Mobile Phone Basic Plan Cost Per Month  | 20 BAM (10.80 USD) | 30,000 MNT (8.70 USD) |
Landline Basic Plan Cost Per Month  | 15 BAM (8.10 USD) | 15,000 MNT (4.35 USD) |
Cable TV Basic Plan Cost Per Month  | 25 BAM (13.50 USD) | 20,000 MNT (5.80 USD) |
The internet and communication costs 84.43% more in Bosnia and Herzegovina compared to Mongolia.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Long Grain Rice (1 KG)  | 2.50 BAM (1.35 USD) | 3,000 MNT (0.87 USD) |
Milk (1 Liter)  | 2.23 BAM (1.20 USD) | 1,500 MNT (0.43 USD) |
Water (1 Liter)  | 1.70 BAM (0.92 USD) | 1,000 MNT (0.29 USD) |
Bread (500 gm)  | 1.65 BAM (0.89 USD) | 2,000 MNT (0.58 USD) |
Eggs (1 Dozen)  | 5.17 BAM (2.79 USD) | 4,000 MNT (1.16 USD) |
Cheese (1 KG)  | 11 BAM (5.94 USD) | 7,000 MNT (2.03 USD) |
Chicken Breast (1 KG)  | 5.58 BAM (3.01 USD) | 8,000 MNT (2.32 USD) |
In Bosnia and Herzegovina, the cost of 1 Liter Water and 1 Liter Milk is 2.93 times more expensive than the cost in Mongolia.
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 109.61% more for Groceries.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Apples (1 KG)  | 2.29 BAM (1.24 USD) | 4,000 MNT (1.16 USD) |
Bananas (1 KG)  | 1.25 BAM (0.68 USD) | 3,000 MNT (0.87 USD) |
Oranges (1 KG)  | 1.20 BAM (0.65 USD) | 3,500 MNT (1.01 USD) |
Tomatoes (1 KG)  | 3.31 BAM (1.79 USD) | 3,000 MNT (0.87 USD) |
Potatoes (1 KG)  | 1.58 BAM (0.85 USD) | 2,000 MNT (0.58 USD) |
Lemons (1 KG)  | 3 BAM (1.62 USD) | 4,500 MNT (1.30 USD) |
Onions (1 KG)  | 0.71 BAM (0.38 USD) | 2,500 MNT (0.72 USD) |
Lentils (1 KG)  | 3 BAM (1.62 USD) | 4,000 MNT (1.16 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 1.15 times more for Fruits and Vegetables.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Meal at a Resonable Restaurant  | 9.79 BAM (5.29 USD) | 15,000 MNT (4.35 USD) |
Three-Course Meal for Two  | 50 BAM (27 USD) | 40,000 MNT (11.60 USD) |
Fast Food Combo Meal  | 8.45 BAM (4.56 USD) | 10,000 MNT (2.90 USD) |
Normal Coffee  | 2.34 BAM (1.26 USD) | 3,000 MNT (0.87 USD) |
Soft Drink  | 2.61 BAM (1.41 USD) | 1,500 MNT (0.43 USD) |
Pizza for One  | 8 BAM (4.32 USD) | 25,000 MNT (7.25 USD) |
Take-Out Delivery Meal  | 10 BAM (5.40 USD) | 20,000 MNT (5.80 USD) |
Cigarette Pack of 20  | 6.08 BAM (3.28 USD) | 5,000 MNT (1.45 USD) |
Dining-Out costs 51.57% more in Bosnia and Herzegovina compared to Mongolia.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Wine Mid-Range Bottle  | 17 BAM (9.18 USD) | 25,000 MNT (7.25 USD) |
Glass of Wine  | 5 BAM (2.70 USD) | 5,000 MNT (1.45 USD) |
Domestic Beer Half Liter  | 1.65 BAM (0.89 USD) | 2,500 MNT (0.72 USD) |
Imported Beer Half Liter  | 2.86 BAM (1.54 USD) | 3,500 MNT (1.01 USD) |
Domestic Alcohol 1 Liter  | 20 BAM (10.80 USD) | 8,000 MNT (2.32 USD) |
Branded Alcohol 1 Liter  | 30 BAM (16.20 USD) | 20,000 MNT (5.80 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 2.23 times more for usual hard drinks.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Monthly Public Transportation Pass  | 59.33 BAM (32.04 USD) | 30,000 MNT (8.70 USD) |
Single Public Transportation Ticket  | 1.50 BAM (0.81 USD) | 1,500 MNT (0.43 USD) |
Single Train Ticket  | 5 BAM (2.70 USD) | Yet to Update () |
Domestic Airplane Ticket  | 100 BAM (54 USD) | 50,000 MNT (14.50 USD) |
Taxi Start Fare  | 2 BAM (1.08 USD) | 5,000 MNT (1.45 USD) |
Taxi Rate Per Kilometer  | 3 BAM (1.62 USD) | 1,500 MNT (0.43 USD) |
Car Rental Per Day  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Parking Fees in City Center Per Hour  | 2 BAM (1.08 USD) | 5,000 MNT (1.45 USD) |
Parking Fees outside City Center Per Hour  | 1 BAM (0.54 USD) | 2,000 MNT (0.58 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 2.87 times more for transportation.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 42,377.19 BAM (22,883.68 USD) | 20,000,000 MNT (5,800 USD) |
Vehicle Registration Cost  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Driving License Fees  | 100 BAM (54 USD) | 50,000 MNT (14.50 USD) |
Car Insurance Cost  | 400 BAM (216 USD) | 200,000 MNT (58 USD) |
Car Maintenance Cost  | 200 BAM (108 USD) | 100,000 MNT (29 USD) |
Car Loan Interest Rates  | 4 % | 10 % |
Fuel Per Liter  | 2.92 BAM (1.58 USD) | 2,500 MNT (0.72 USD) |
Fuel Per Gallon  | 9.90 BAM (5.35 USD) | 10,000 MNT (2.90 USD) |
Average Toll Fees  | 5 BAM 2.70 USD | Yet to Update |
You would have to pay 3.94 times more for Vehicle purchase, daily operation and maintenance in Bosnia and Herzegovina compared to that of Mongolia.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Doctor Visit  | 20 BAM (10.80 USD) | 30,000 MNT (8.70 USD) |
Specialist Visit  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Dentist Visit  | 30 BAM (16.20 USD) | 40,000 MNT (11.60 USD) |
Eye Exam  | 25 BAM (13.50 USD) | 25,000 MNT (7.25 USD) |
Mental Health Counseling  | 50 BAM (27 USD) | 25,000 MNT (7.25 USD) |
Preventive Health Screening  | 50 BAM (27 USD) | 20,000 MNT (5.80 USD) |
Physical Therapy  | 50 BAM (27 USD) | 30,000 MNT (8.70 USD) |
Emergency Room Visit  | 100 BAM (54 USD) | 100,000 MNT (29 USD) |
Hospital Stay Per Night  | 200 BAM (108 USD) | 150,000 MNT (43.50 USD) |
Vaccinations  | 30 BAM (16.20 USD) | 10,000 MNT (2.90 USD) |
Prescription Medication  | 10 BAM (5.40 USD) | 15,000 MNT (4.35 USD) |
Over the Counter Medication  | 5 BAM (2.70 USD) | 5,000 MNT (1.45 USD) |
Health Insurance Premiums  | 100 BAM (54 USD) | 60,000 MNT (17.40 USD) |
Health Insurance Deductibles  | 50 BAM (27 USD) | 30,000 MNT (8.70 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 2.43 times more for Health and Medical Treatment.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Cosmetic Procedures  | 200 BAM (108 USD) | 150,000 MNT (43.50 USD) |
Spa Treatment  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Manicure Pedicure Cost  | 20 BAM (10.80 USD) | 15,000 MNT (4.35 USD) |
Optical Glasses Cost  | 100 BAM (54 USD) | 50,000 MNT (14.50 USD) |
Contact Lenses Cost  | 50 BAM (27 USD) | 15,000 MNT (4.35 USD) |
Haircuts  | 10 BAM (5.40 USD) | 10,000 MNT (2.90 USD) |
Hair Coloring  | 20 BAM (10.80 USD) | 30,000 MNT (8.70 USD) |
Shampoo Price  | 5 BAM (2.70 USD) | 2,000 MNT (0.58 USD) |
Toothpaste Price  | 3 BAM (1.62 USD) | 1,000 MNT (0.29 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 2.64 times more for Personal Care Items and Treatment.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Pair of Nike Running Shoes  | 178 BAM (96.12 USD) | 80,000 MNT (23.20 USD) |
Men's Shirt  | 50 BAM (27 USD) | 40,000 MNT (11.60 USD) |
Women's Dress  | 70 BAM (37.80 USD) | 60,000 MNT (17.40 USD) |
Summer Dress  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Men's Suit  | 300 BAM (162 USD) | 200,000 MNT (58 USD) |
Men's Jeans  | 144 BAM (77.76 USD) | 50,000 MNT (14.50 USD) |
Women's Jeans  | 100 BAM (54 USD) | 50,000 MNT (14.50 USD) |
Men's Formal Shoes  | 144 BAM (77.76 USD) | 70,000 MNT (20.30 USD) |
Women's Formal Shoes  | 100 BAM (54 USD) | 70,000 MNT (20.30 USD) |
Men's Casual Shoes  | 100 BAM (54 USD) | 50,000 MNT (14.50 USD) |
Women's Casual Shoes  | 80 BAM (43.20 USD) | 50,000 MNT (14.50 USD) |
Underwear For Men  | 10 BAM (5.40 USD) | 5,000 MNT (1.45 USD) |
Underwear For Women  | 10 BAM (5.40 USD) | 7,000 MNT (2.03 USD) |
Socks For Men  | 5 BAM (2.70 USD) | 2,000 MNT (0.58 USD) |
Socks For Women  | 5 BAM (2.70 USD) | 2,000 MNT (0.58 USD) |
Wintercoat for Adults  | 200 BAM (108 USD) | 80,000 MNT (23.20 USD) |
Sportswear  | 80 BAM (43.20 USD) | 40,000 MNT (11.60 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 3.34 times more for Clothing and Footwear for Adults.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Children's Jeans  | 60 BAM (32.40 USD) | 30,000 MNT (8.70 USD) |
Children's Normal Sneakers  | 80 BAM (43.20 USD) | 40,000 MNT (11.60 USD) |
Children's Winter Coat  | 100 BAM (54 USD) | 50,000 MNT (14.50 USD) |
Daycare for Infant  | 275.19 BAM (148.60 USD) | 200,000 MNT (58 USD) |
Daycare for Toddler  | 275.19 BAM (148.60 USD) | 150,000 MNT (43.50 USD) |
Childcare for Sick Days  | 100 BAM (54 USD) | 20,000 MNT (5.80 USD) |
Early Childhood Education Programs  | 200 BAM (108 USD) | 150,000 MNT (43.50 USD) |
Extra Curricular Activities  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Summer Camp for Kids  | 200 BAM (108 USD) | 200,000 MNT (58 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 2.80 times more for Childcare and kids clothing.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
PreSchool Fees  | 275.19 BAM (148.60 USD) | 250,000 MNT (72.50 USD) |
Primary School Fees  | 2,000 BAM (1,080 USD) | 300,000 MNT (87 USD) |
Secondary School Fees  | 3,000 BAM (1,620 USD) | 400,000 MNT (116 USD) |
Private School Fees  | 4,000 BAM (2,160 USD) | 600,000 MNT (174 USD) |
University Tuition Fees  | 3,000 BAM (1,620 USD) | 2,000,000 MNT (580 USD) |
University Private Tuition Fees  | 5,000 BAM (2,700 USD) | 4,000,000 MNT (1,160 USD) |
After School Activities  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Special Education Services  | 300 BAM (162 USD) | 200,000 MNT (58 USD) |
Tutoring  | 20 BAM (10.80 USD) | 20,000 MNT (5.80 USD) |
Textbooks Cost  | 100 BAM (54 USD) | 10,000 MNT (2.90 USD) |
School Supplies  | 50 BAM (27 USD) | 5,000 MNT (1.45 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 4.23 times more for school and education.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Movie Ticket (Single)  | 7.38 BAM (3.99 USD) | 10,000 MNT (2.90 USD) |
Theater Ticket (Single)  | 20 BAM (10.80 USD) | 20,000 MNT (5.80 USD) |
Concert Ticket (Single)  | 30 BAM (16.20 USD) | 30,000 MNT (8.70 USD) |
Sports Event Ticket (Single)  | 15 BAM (8.10 USD) | 20,000 MNT (5.80 USD) |
Gym Membership  | 44.42 BAM (23.99 USD) | 30,000 MNT (8.70 USD) |
Swimming Pool Access  | 20 BAM (10.80 USD) | 20,000 MNT (5.80 USD) |
Museum Entry Ticket  | 5 BAM (2.70 USD) | 5,000 MNT (1.45 USD) |
Zoo Entry Ticket  | 5 BAM (2.70 USD) | 10,000 MNT (2.90 USD) |
Amusement Park Entry Ticket  | 10 BAM (5.40 USD) | 15,000 MNT (4.35 USD) |
Bowling  | 10 BAM (5.40 USD) | 10,000 MNT (2.90 USD) |
Mini Golf  | 10 BAM (5.40 USD) | 8,000 MNT (2.32 USD) |
Video Games  | 50 BAM (27 USD) | 20,000 MNT (5.80 USD) |
Streaming Services  | 10 BAM (5.40 USD) | 15,000 MNT (4.35 USD) |
Outdoor Equipment Rental  | 20 BAM (10.80 USD) | 10,000 MNT (2.90 USD) |
Theme Park Annual Pass  | 100 BAM (54 USD) | 300,000 MNT (87 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 1.27 times more for entertainment, recreation and fun activities.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Language Classes  | 50 BAM (27 USD) | 100,000 MNT (29 USD) |
Parenting Classes  | 50 BAM (27 USD) | 50,000 MNT (14.50 USD) |
Art Classes  | 20 BAM (10.80 USD) | 15,000 MNT (4.35 USD) |
Fitness Classes  | 15 BAM (8.10 USD) | 10,000 MNT (2.90 USD) |
Music Lessons  | 20 BAM (10.80 USD) | 20,000 MNT (5.80 USD) |
Dance Lessons  | 20 BAM (10.80 USD) | 20,000 MNT (5.80 USD) |
Reading Materials for Classes  | 10 BAM (5.40 USD) | 5,000 MNT (1.45 USD) |
Educational Software  | 100 BAM (54 USD) | 50,000 MNT (14.50 USD) |
If you lived in Bosnia and Herzegovina, instead of Mongolia, you would have to pay 1.97 times more for Private Classes.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Average Gross Monthly Salary  | 1,500 BAM (810 USD) | 1,500,000 MNT (435 USD) |
Average Net Monthly Salary  | 1,000 BAM (540 USD) | 1,000,000 MNT (290 USD) |
Minimum Wages  | 15 BAM per hour (8.10 USD) | 16,666.67 MNT per hour (4.83 USD) |
Average Bonus  | 100 BAM (54 USD) | 300,000 MNT (87 USD) |
Income Tax Rate  | 0 to 17 % | 0 to 10 % |
Social Security Contributions  | 17 % | 10 % |
Pension Contributions  | 6 % | 10 % |
Cost of Living Index  | 40 | 40 |
Median Household Income  | 2,000 BAM (1,080 USD) | 1,200,000 MNT (348 USD) |
If you lived in Bosnia and Herzegovina, you would earn 2.14 times more salary as compared to Mongolia.
Indicators | Bosnia and Herzegovina | Mongolia |
|---|---|---|
Legal Consultation Per Hour Rate  | 50 BAM (27 USD) | 20,000 MNT (5.80 USD) |
Accounting Services Per Hour Rate  | 30 BAM (16.20 USD) | 15,000 MNT (4.35 USD) |
IT Support Services Per Hour Rate  | 40 BAM (21.60 USD) | 12,000 MNT (3.48 USD) |
Technician Services Per Hour Rate  | 30 BAM (16.20 USD) | 10,000 MNT (2.90 USD) |
Professional Services cost 4.90 times more in Bosnia and Herzegovina, as compared to Mongolia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Bosnia and Herzegovina and Mongolia.
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