Published: Monday, 21th October 2024
The cost of living in Bosnia and Herzegovina is 1.35 times less expensive as compared to Palau.
On this page, you will find side-by-side cost comparison between Bosnia and Herzegovina and Palau. 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 Palau.
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Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
1 BHK Apartment in City Center | 389.66 BAM (210.42 USD) | 800 USD |
2 BHK Apartment in City Center | 645 BAM (348.30 USD) | 1,200 USD |
3 BHK Apartment in City Center | 1,109 BAM (598.86 USD) | 1,500 USD |
1 BHK Apartment outside City Center | 289.70 BAM (156.44 USD) | 600 USD |
2 BHK Apartment outside City Center | 459 BAM (247.86 USD) | 900 USD |
3 BHK Apartment outside City Center | 643 BAM (347.22 USD) | 1,200 USD |
Mortgage Rates Per Month | 4.11 % | 1.2 % |
Realtor Commission | 5 % | 3 % |
Property Taxes | Yet to Update | Yet to Update |
The average housing cost in Bosnia and Herzegovina is 3.21 times less expensive than Palau.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Basic Home Furnishing | 1,000 BAM (540 USD) | 1,500 USD |
Electricity Cost Per Month | 50 BAM (27 USD) | 150 USD |
Heating Cost Per Month | 150 BAM (81 USD) | 100 USD |
Cooling Cost Per Month | 50 BAM (27 USD) | 80 USD |
Water Supply Cost Per Month | 20 BAM (10.80 USD) | 50 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 63.52% less for Utilities.
The basic home furnishing in Bosnia and Herzegovina costs 2.78 times less compared to Palau.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Standard Wifi Cost Per Month | 44 BAM (23.76 USD) | 70 USD |
Mobile Phone Basic Plan Cost Per Month | 20 BAM (10.80 USD) | 50 USD |
Landline Basic Plan Cost Per Month | 15 BAM (8.10 USD) | 40 USD |
Cable TV Basic Plan Cost Per Month | 25 BAM (13.50 USD) | 100 USD |
The internet and communication costs 78.40% less in Bosnia and Herzegovina compared to Palau.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Long Grain Rice (1 KG) | 2.50 BAM (1.35 USD) | 2 USD |
Milk (1 Liter) | 2.23 BAM (1.20 USD) | 1.50 USD |
Water (1 Liter) | 1.70 BAM (0.92 USD) | 0.50 USD |
Bread (500 gm) | 1.65 BAM (0.89 USD) | 1 USD |
Eggs (1 Dozen) | 5.17 BAM (2.79 USD) | 3 USD |
Cheese (1 KG) | 11 BAM (5.94 USD) | 6 USD |
Chicken Breast (1 KG) | 5.58 BAM (3.01 USD) | 7 USD |
In Bosnia and Herzegovina, the cost of 1 Liter Water and 1 Liter Milk is 1.06 times more expensive than the cost in Palau.
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 23.29% less for Groceries.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Apples (1 KG) | 2.29 BAM (1.24 USD) | 3 USD |
Bananas (1 KG) | 1.25 BAM (0.68 USD) | 1.50 USD |
Oranges (1 KG) | 1.20 BAM (0.65 USD) | 2 USD |
Tomatoes (1 KG) | 3.31 BAM (1.79 USD) | 2 USD |
Potatoes (1 KG) | 1.58 BAM (0.85 USD) | 1 USD |
Lemons (1 KG) | 3 BAM (1.62 USD) | 2.50 USD |
Onions (1 KG) | 0.71 BAM (0.38 USD) | 1.50 USD |
Lentils (1 KG) | 3 BAM (1.62 USD) | 2.50 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 1.81 times less for Fruits and Vegetables.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Meal at a Resonable Restaurant | 9.79 BAM (5.29 USD) | 15 USD |
Three-Course Meal for Two | 50 BAM (27 USD) | 40 USD |
Fast Food Combo Meal | 8.45 BAM (4.56 USD) | 7 USD |
Normal Coffee | 2.34 BAM (1.26 USD) | 3 USD |
Soft Drink | 2.61 BAM (1.41 USD) | 2 USD |
Pizza for One | 8 BAM (4.32 USD) | 15 USD |
Take-Out Delivery Meal | 10 BAM (5.40 USD) | 12 USD |
Cigarette Pack of 20 | 6.08 BAM (3.28 USD) | 6 USD |
Dining-Out costs 47.47% less in Bosnia and Herzegovina compared to Palau.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Wine Mid-Range Bottle | 17 BAM (9.18 USD) | 15 USD |
Glass of Wine | 5 BAM (2.70 USD) | 7 USD |
Domestic Beer Half Liter | 1.65 BAM (0.89 USD) | 2.50 USD |
Imported Beer Half Liter | 2.86 BAM (1.54 USD) | 4 USD |
Domestic Alcohol 1 Liter | 20 BAM (10.80 USD) | 15 USD |
Branded Alcohol 1 Liter | 30 BAM (16.20 USD) | 25 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 1.66 times less for usual hard drinks.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Monthly Public Transportation Pass | 59.33 BAM (32.04 USD) | 60 USD |
Single Public Transportation Ticket | 1.50 BAM (0.81 USD) | 2 USD |
Single Train Ticket | 5 BAM (2.70 USD) | Yet to Update |
Domestic Airplane Ticket | 100 BAM (54 USD) | 150 USD |
Taxi Start Fare | 2 BAM (1.08 USD) | 5 USD |
Taxi Rate Per Kilometer | 3 BAM (1.62 USD) | 2 USD |
Car Rental Per Day | 50 BAM (27 USD) | 40 USD |
Parking Fees in City Center Per Hour | 2 BAM (1.08 USD) | 3 USD |
Parking Fees outside City Center Per Hour | 1 BAM (0.54 USD) | 1 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 2.18 times less for transportation.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Reasonable Vehicle Purchase Cost | 42,377.19 BAM (22,883.68 USD) | 20,000 USD |
Vehicle Registration Cost | 50 BAM (27 USD) | 100 USD |
Driving License Fees | 100 BAM (54 USD) | 50 USD |
Car Insurance Cost | 400 BAM (216 USD) | 500 USD |
Car Maintenance Cost | 200 BAM (108 USD) | 200 USD |
Car Loan Interest Rates | 4 % | 5 % |
Fuel Per Liter | 2.92 BAM (1.58 USD) | 1.50 USD |
Fuel Per Gallon | 9.90 BAM (5.35 USD) | 6 USD |
Average Toll Fees | 5 BAM 2.70 USD | Yet to Update |
You would have to pay 1.12 times more for Vehicle purchase, daily operation and maintenance in Bosnia and Herzegovina compared to that of Palau.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Doctor Visit | 20 BAM (10.80 USD) | 80 USD |
Specialist Visit | 50 BAM (27 USD) | 150 USD |
Dentist Visit | 30 BAM (16.20 USD) | 100 USD |
Eye Exam | 25 BAM (13.50 USD) | 80 USD |
Mental Health Counseling | 50 BAM (27 USD) | 150 USD |
Preventive Health Screening | 50 BAM (27 USD) | 80 USD |
Physical Therapy | 50 BAM (27 USD) | 100 USD |
Emergency Room Visit | 100 BAM (54 USD) | 500 USD |
Hospital Stay Per Night | 200 BAM (108 USD) | 200 USD |
Vaccinations | 30 BAM (16.20 USD) | 50 USD |
Prescription Medication | 10 BAM (5.40 USD) | 25 USD |
Over the Counter Medication | 5 BAM (2.70 USD) | 10 USD |
Health Insurance Premiums | 100 BAM (54 USD) | 200 USD |
Health Insurance Deductibles | 50 BAM (27 USD) | 100 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 4.39 times less for Health and Medical Treatment.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Cosmetic Procedures | 200 BAM (108 USD) | 300 USD |
Spa Treatment | 50 BAM (27 USD) | 100 USD |
Manicure Pedicure Cost | 20 BAM (10.80 USD) | 40 USD |
Optical Glasses Cost | 100 BAM (54 USD) | 100 USD |
Contact Lenses Cost | 50 BAM (27 USD) | 50 USD |
Haircuts | 10 BAM (5.40 USD) | 20 USD |
Hair Coloring | 20 BAM (10.80 USD) | 50 USD |
Shampoo Price | 5 BAM (2.70 USD) | 5 USD |
Toothpaste Price | 3 BAM (1.62 USD) | 2 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 2.70 times less for Personal Care Items and Treatment.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Pair of Nike Running Shoes | 178 BAM (96.12 USD) | 100 USD |
Men's Shirt | 50 BAM (27 USD) | 30 USD |
Women's Dress | 70 BAM (37.80 USD) | 50 USD |
Summer Dress | 50 BAM (27 USD) | 40 USD |
Men's Suit | 300 BAM (162 USD) | 150 USD |
Men's Jeans | 144 BAM (77.76 USD) | 50 USD |
Women's Jeans | 100 BAM (54 USD) | 40 USD |
Men's Formal Shoes | 144 BAM (77.76 USD) | 100 USD |
Women's Formal Shoes | 100 BAM (54 USD) | 100 USD |
Men's Casual Shoes | 100 BAM (54 USD) | 60 USD |
Women's Casual Shoes | 80 BAM (43.20 USD) | 60 USD |
Underwear For Men | 10 BAM (5.40 USD) | 10 USD |
Underwear For Women | 10 BAM (5.40 USD) | 15 USD |
Socks For Men | 5 BAM (2.70 USD) | 5 USD |
Socks For Women | 5 BAM (2.70 USD) | 5 USD |
Wintercoat for Adults | 200 BAM (108 USD) | 100 USD |
Sportswear | 80 BAM (43.20 USD) | 50 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 1.10 times less for Clothing and Footwear for Adults.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Children's Jeans | 60 BAM (32.40 USD) | 30 USD |
Children's Normal Sneakers | 80 BAM (43.20 USD) | 40 USD |
Children's Winter Coat | 100 BAM (54 USD) | 60 USD |
Daycare for Infant | 275.19 BAM (148.60 USD) | 300 USD |
Daycare for Toddler | 275.19 BAM (148.60 USD) | 250 USD |
Childcare for Sick Days | 100 BAM (54 USD) | 50 USD |
Early Childhood Education Programs | 200 BAM (108 USD) | 200 USD |
Extra Curricular Activities | 50 BAM (27 USD) | 150 USD |
Summer Camp for Kids | 200 BAM (108 USD) | 200 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 1.77 times less for Childcare and kids clothing.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
PreSchool Fees | 275.19 BAM (148.60 USD) | 400 USD |
Primary School Fees | 2,000 BAM (1,080 USD) | 600 USD |
Secondary School Fees | 3,000 BAM (1,620 USD) | 800 USD |
Private School Fees | 4,000 BAM (2,160 USD) | 1,200 USD |
University Tuition Fees | 3,000 BAM (1,620 USD) | 3,000 USD |
University Private Tuition Fees | 5,000 BAM (2,700 USD) | 4,000 USD |
After School Activities | 50 BAM (27 USD) | 100 USD |
Special Education Services | 300 BAM (162 USD) | 300 USD |
Tutoring | 20 BAM (10.80 USD) | 50 USD |
Textbooks Cost | 100 BAM (54 USD) | 100 USD |
School Supplies | 50 BAM (27 USD) | 50 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 1.10 times less for school and education.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Movie Ticket (Single) | 7.38 BAM (3.99 USD) | 10 USD |
Theater Ticket (Single) | 20 BAM (10.80 USD) | 20 USD |
Concert Ticket (Single) | 30 BAM (16.20 USD) | 30 USD |
Sports Event Ticket (Single) | 15 BAM (8.10 USD) | 20 USD |
Gym Membership | 44.42 BAM (23.99 USD) | 50 USD |
Swimming Pool Access | 20 BAM (10.80 USD) | 30 USD |
Museum Entry Ticket | 5 BAM (2.70 USD) | 10 USD |
Zoo Entry Ticket | 5 BAM (2.70 USD) | 15 USD |
Amusement Park Entry Ticket | 10 BAM (5.40 USD) | 25 USD |
Bowling | 10 BAM (5.40 USD) | 20 USD |
Mini Golf | 10 BAM (5.40 USD) | 15 USD |
Video Games | 50 BAM (27 USD) | 50 USD |
Streaming Services | 10 BAM (5.40 USD) | 15 USD |
Outdoor Equipment Rental | 20 BAM (10.80 USD) | 20 USD |
Theme Park Annual Pass | 100 BAM (54 USD) | 200 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 2.75 times less for entertainment, recreation and fun activities.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Language Classes | 50 BAM (27 USD) | 200 USD |
Parenting Classes | 50 BAM (27 USD) | 200 USD |
Art Classes | 20 BAM (10.80 USD) | 30 USD |
Fitness Classes | 15 BAM (8.10 USD) | 30 USD |
Music Lessons | 20 BAM (10.80 USD) | 40 USD |
Dance Lessons | 20 BAM (10.80 USD) | 40 USD |
Reading Materials for Classes | 10 BAM (5.40 USD) | 10 USD |
Educational Software | 100 BAM (54 USD) | 150 USD |
If you lived in Bosnia and Herzegovina, instead of Palau, you would have to pay 4.55 times less for Private Classes.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Average Gross Monthly Salary | 1,500 BAM (810 USD) | 3,000 USD |
Average Net Monthly Salary | 1,000 BAM (540 USD) | 2,500 USD |
Minimum Wages | 15 BAM per hour (8.10 USD) | 26.67 USD per hour |
Average Bonus | 100 BAM (54 USD) | 300 USD |
Income Tax Rate | 0 to 17 % | 0 to 10 % |
Social Security Contributions | 17 % | 6 % |
Pension Contributions | 6 % | Yet to Update |
Cost of Living Index | 40 | 70 |
Median Household Income | 2,000 BAM (1,080 USD) | 2,500 USD |
If you lived in Bosnia and Herzegovina, you would earn 3.34 times less salary as compared to Palau.
Indicators | Bosnia and Herzegovina | Palau |
---|---|---|
Legal Consultation Per Hour Rate | 50 BAM (27 USD) | 150 USD |
Accounting Services Per Hour Rate | 30 BAM (16.20 USD) | 100 USD |
IT Support Services Per Hour Rate | 40 BAM (21.60 USD) | 100 USD |
Technician Services Per Hour Rate | 30 BAM (16.20 USD) | 80 USD |
Professional Services cost 5.31 times less in Bosnia and Herzegovina, as compared to Palau.
We hope you enjoyed the detailed guide on the cost of living comparsion between Bosnia and Herzegovina and Palau.
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