Published: Monday, 21th October 2024
The cost of living in Bosnia and Herzegovina is 1.69 times more expensive as compared to Serbia.
On this page, you will find side-by-side cost comparison between Bosnia and Herzegovina and Serbia. 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 Serbia.
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 Indicators  | Bosnia and Herzegovina  | Serbia  |
|---|---|---|
1 BHK Apartment in City Center  | 389.66 BAM (210.42 USD) | 60,000 RSD (552 USD) |
2 BHK Apartment in City Center  | 645 BAM (348.30 USD) | 100,000 RSD (920 USD) |
3 BHK Apartment in City Center  | 1,109 BAM (598.86 USD) | 150,000 RSD (1,380 USD) |
1 BHK Apartment outside City Center  | 289.70 BAM (156.44 USD) | 40,000 RSD (368 USD) |
2 BHK Apartment outside City Center  | 459 BAM (247.86 USD) | 70,000 RSD (644 USD) |
3 BHK Apartment outside City Center  | 643 BAM (347.22 USD) | 100,000 RSD (920 USD) |
Mortgage Rates Per Month  | 4.11 % | 0.8 % |
Realtor Commission  | 5 % | 2 % |
Property Taxes  | Yet to Update | 0.4 to 2.0 % |
The average housing cost in Bosnia and Herzegovina is 2.48 times less expensive than Serbia.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Basic Home Furnishing  | 1,000 BAM (540 USD) | 500,000 RSD (4,600 USD) |
Electricity Cost Per Month  | 50 BAM (27 USD) | 10,000 RSD (92 USD) |
Heating Cost Per Month  | 150 BAM (81 USD) | 7,000 RSD (64.40 USD) |
Cooling Cost Per Month  | 50 BAM (27 USD) | 8,000 RSD (73.60 USD) |
Water Supply Cost Per Month  | 20 BAM (10.80 USD) | 5,000 RSD (46 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 85.94% less for Utilities.
The basic home furnishing in Bosnia and Herzegovina costs 8.52 times less compared to Serbia.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Standard Wifi Cost Per Month  | 44 BAM (23.76 USD) | 8,000 RSD (73.60 USD) |
Mobile Phone Basic Plan Cost Per Month  | 20 BAM (10.80 USD) | 5,000 RSD (46 USD) |
Landline Basic Plan Cost Per Month  | 15 BAM (8.10 USD) | 2,000 RSD (18.40 USD) |
Cable TV Basic Plan Cost Per Month  | 25 BAM (13.50 USD) | 3,000 RSD (27.60 USD) |
The internet and communication costs 66.09% less in Bosnia and Herzegovina compared to Serbia.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Long Grain Rice (1 KG)  | 2.50 BAM (1.35 USD) | 200 RSD (1.84 USD) |
Milk (1 Liter)  | 2.23 BAM (1.20 USD) | 130 RSD (1.20 USD) |
Water (1 Liter)  | 1.70 BAM (0.92 USD) | 40 RSD (0.37 USD) |
Bread (500 gm)  | 1.65 BAM (0.89 USD) | 80 RSD (0.74 USD) |
Eggs (1 Dozen)  | 5.17 BAM (2.79 USD) | 150 RSD (1.38 USD) |
Cheese (1 KG)  | 11 BAM (5.94 USD) | 400 RSD (3.68 USD) |
Chicken Breast (1 KG)  | 5.58 BAM (3.01 USD) | 300 RSD (2.76 USD) |
In Bosnia and Herzegovina, the cost of 1 Liter Water and 1 Liter Milk is 1.36 times more expensive than the cost in Serbia.
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 34.68% more for Groceries.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Apples (1 KG)  | 2.29 BAM (1.24 USD) | 150 RSD (1.38 USD) |
Bananas (1 KG)  | 1.25 BAM (0.68 USD) | 120 RSD (1.10 USD) |
Oranges (1 KG)  | 1.20 BAM (0.65 USD) | 130 RSD (1.20 USD) |
Tomatoes (1 KG)  | 3.31 BAM (1.79 USD) | 100 RSD (0.92 USD) |
Potatoes (1 KG)  | 1.58 BAM (0.85 USD) | 80 RSD (0.74 USD) |
Lemons (1 KG)  | 3 BAM (1.62 USD) | 150 RSD (1.38 USD) |
Onions (1 KG)  | 0.71 BAM (0.38 USD) | 100 RSD (0.92 USD) |
Lentils (1 KG)  | 3 BAM (1.62 USD) | 250 RSD (2.30 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.13 times less for Fruits and Vegetables.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Meal at a Resonable Restaurant  | 9.79 BAM (5.29 USD) | 1,500 RSD (13.80 USD) |
Three-Course Meal for Two  | 50 BAM (27 USD) | 3,000 RSD (27.60 USD) |
Fast Food Combo Meal  | 8.45 BAM (4.56 USD) | 800 RSD (7.36 USD) |
Normal Coffee  | 2.34 BAM (1.26 USD) | 150 RSD (1.38 USD) |
Soft Drink  | 2.61 BAM (1.41 USD) | 100 RSD (0.92 USD) |
Pizza for One  | 8 BAM (4.32 USD) | 1,200 RSD (11.04 USD) |
Take-Out Delivery Meal  | 10 BAM (5.40 USD) | 1,000 RSD (9.20 USD) |
Cigarette Pack of 20  | 6.08 BAM (3.28 USD) | 300 RSD (2.76 USD) |
Dining-Out costs 29.08% less in Bosnia and Herzegovina compared to Serbia.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Wine Mid-Range Bottle  | 17 BAM (9.18 USD) | 1,200 RSD (11.04 USD) |
Glass of Wine  | 5 BAM (2.70 USD) | 300 RSD (2.76 USD) |
Domestic Beer Half Liter  | 1.65 BAM (0.89 USD) | 200 RSD (1.84 USD) |
Imported Beer Half Liter  | 2.86 BAM (1.54 USD) | 250 RSD (2.30 USD) |
Domestic Alcohol 1 Liter  | 20 BAM (10.80 USD) | 800 RSD (7.36 USD) |
Branded Alcohol 1 Liter  | 30 BAM (16.20 USD) | 1,200 RSD (11.04 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.14 times more for usual hard drinks.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Monthly Public Transportation Pass  | 59.33 BAM (32.04 USD) | 4,000 RSD (36.80 USD) |
Single Public Transportation Ticket  | 1.50 BAM (0.81 USD) | 150 RSD (1.38 USD) |
Single Train Ticket  | 5 BAM (2.70 USD) | Yet to Update () |
Domestic Airplane Ticket  | 100 BAM (54 USD) | 20,000 RSD (184 USD) |
Taxi Start Fare  | 2 BAM (1.08 USD) | 200 RSD (1.84 USD) |
Taxi Rate Per Kilometer  | 3 BAM (1.62 USD) | 80 RSD (0.74 USD) |
Car Rental Per Day  | 50 BAM (27 USD) | 5,000 RSD (46 USD) |
Parking Fees in City Center Per Hour  | 2 BAM (1.08 USD) | 200 RSD (1.84 USD) |
Parking Fees outside City Center Per Hour  | 1 BAM (0.54 USD) | 100 RSD (0.92 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 2.26 times less for transportation.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 42,377.19 BAM (22,883.68 USD) | 500,000 RSD (4,600 USD) |
Vehicle Registration Cost  | 50 BAM (27 USD) | 20,000 RSD (184 USD) |
Driving License Fees  | 100 BAM (54 USD) | 10,000 RSD (92 USD) |
Car Insurance Cost  | 400 BAM (216 USD) | 40,000 RSD (368 USD) |
Car Maintenance Cost  | 200 BAM (108 USD) | 10,000 RSD (92 USD) |
Car Loan Interest Rates  | 4 % | 6 % |
Fuel Per Liter  | 2.92 BAM (1.58 USD) | 150 RSD (1.38 USD) |
Fuel Per Gallon  | 9.90 BAM (5.35 USD) | 600 RSD (5.52 USD) |
Average Toll Fees  | 5 BAM 2.70 USD | Yet to Update |
You would have to pay 4.36 times more for Vehicle purchase, daily operation and maintenance in Bosnia and Herzegovina compared to that of Serbia.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Doctor Visit  | 20 BAM (10.80 USD) | 2,000 RSD (18.40 USD) |
Specialist Visit  | 50 BAM (27 USD) | 4,000 RSD (36.80 USD) |
Dentist Visit  | 30 BAM (16.20 USD) | 3,000 RSD (27.60 USD) |
Eye Exam  | 25 BAM (13.50 USD) | 1,000 RSD (9.20 USD) |
Mental Health Counseling  | 50 BAM (27 USD) | 2,500 RSD (23 USD) |
Preventive Health Screening  | 50 BAM (27 USD) | 2,000 RSD (18.40 USD) |
Physical Therapy  | 50 BAM (27 USD) | 2,000 RSD (18.40 USD) |
Emergency Room Visit  | 100 BAM (54 USD) | 5,000 RSD (46 USD) |
Hospital Stay Per Night  | 200 BAM (108 USD) | 3,000 RSD (27.60 USD) |
Vaccinations  | 30 BAM (16.20 USD) | 1,500 RSD (13.80 USD) |
Prescription Medication  | 10 BAM (5.40 USD) | 1,000 RSD (9.20 USD) |
Over the Counter Medication  | 5 BAM (2.70 USD) | 500 RSD (4.60 USD) |
Health Insurance Premiums  | 100 BAM (54 USD) | 20,000 RSD (184 USD) |
Health Insurance Deductibles  | 50 BAM (27 USD) | 5,000 RSD (46 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.16 times less for Health and Medical Treatment.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Cosmetic Procedures  | 200 BAM (108 USD) | 15,000 RSD (138 USD) |
Spa Treatment  | 50 BAM (27 USD) | 4,000 RSD (36.80 USD) |
Manicure Pedicure Cost  | 20 BAM (10.80 USD) | 2,000 RSD (18.40 USD) |
Optical Glasses Cost  | 100 BAM (54 USD) | 5,000 RSD (46 USD) |
Contact Lenses Cost  | 50 BAM (27 USD) | 3,000 RSD (27.60 USD) |
Haircuts  | 10 BAM (5.40 USD) | 1,000 RSD (9.20 USD) |
Hair Coloring  | 20 BAM (10.80 USD) | 3,000 RSD (27.60 USD) |
Shampoo Price  | 5 BAM (2.70 USD) | 200 RSD (1.84 USD) |
Toothpaste Price  | 3 BAM (1.62 USD) | 100 RSD (0.92 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.24 times less for Personal Care Items and Treatment.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Pair of Nike Running Shoes  | 178 BAM (96.12 USD) | 10,000 RSD (92 USD) |
Men's Shirt  | 50 BAM (27 USD) | 2,000 RSD (18.40 USD) |
Women's Dress  | 70 BAM (37.80 USD) | 5,000 RSD (46 USD) |
Summer Dress  | 50 BAM (27 USD) | 3,000 RSD (27.60 USD) |
Men's Suit  | 300 BAM (162 USD) | 30,000 RSD (276 USD) |
Men's Jeans  | 144 BAM (77.76 USD) | 4,000 RSD (36.80 USD) |
Women's Jeans  | 100 BAM (54 USD) | 4,000 RSD (36.80 USD) |
Men's Formal Shoes  | 144 BAM (77.76 USD) | 7,000 RSD (64.40 USD) |
Women's Formal Shoes  | 100 BAM (54 USD) | 5,000 RSD (46 USD) |
Men's Casual Shoes  | 100 BAM (54 USD) | 5,000 RSD (46 USD) |
Women's Casual Shoes  | 80 BAM (43.20 USD) | 4,000 RSD (36.80 USD) |
Underwear For Men  | 10 BAM (5.40 USD) | 500 RSD (4.60 USD) |
Underwear For Women  | 10 BAM (5.40 USD) | 700 RSD (6.44 USD) |
Socks For Men  | 5 BAM (2.70 USD) | 100 RSD (0.92 USD) |
Socks For Women  | 5 BAM (2.70 USD) | 100 RSD (0.92 USD) |
Wintercoat for Adults  | 200 BAM (108 USD) | 8,000 RSD (73.60 USD) |
Sportswear  | 80 BAM (43.20 USD) | 3,000 RSD (27.60 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.04 times more for Clothing and Footwear for Adults.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Children's Jeans  | 60 BAM (32.40 USD) | 2,000 RSD (18.40 USD) |
Children's Normal Sneakers  | 80 BAM (43.20 USD) | 2,500 RSD (23 USD) |
Children's Winter Coat  | 100 BAM (54 USD) | 4,000 RSD (36.80 USD) |
Daycare for Infant  | 275.19 BAM (148.60 USD) | 20,000 RSD (184 USD) |
Daycare for Toddler  | 275.19 BAM (148.60 USD) | 15,000 RSD (138 USD) |
Childcare for Sick Days  | 100 BAM (54 USD) | 1,000 RSD (9.20 USD) |
Early Childhood Education Programs  | 200 BAM (108 USD) | 8,000 RSD (73.60 USD) |
Extra Curricular Activities  | 50 BAM (27 USD) | 5,000 RSD (46 USD) |
Summer Camp for Kids  | 200 BAM (108 USD) | 10,000 RSD (92 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.17 times more for Childcare and kids clothing.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
PreSchool Fees  | 275.19 BAM (148.60 USD) | 25,000 RSD (230 USD) |
Primary School Fees  | 2,000 BAM (1,080 USD) | 50,000 RSD (460 USD) |
Secondary School Fees  | 3,000 BAM (1,620 USD) | 60,000 RSD (552 USD) |
Private School Fees  | 4,000 BAM (2,160 USD) | 70,000 RSD (644 USD) |
University Tuition Fees  | 3,000 BAM (1,620 USD) | 80,000 RSD (736 USD) |
University Private Tuition Fees  | 5,000 BAM (2,700 USD) | 100,000 RSD (920 USD) |
After School Activities  | 50 BAM (27 USD) | 3,000 RSD (27.60 USD) |
Special Education Services  | 300 BAM (162 USD) | 10,000 RSD (92 USD) |
Tutoring  | 20 BAM (10.80 USD) | 2,000 RSD (18.40 USD) |
Textbooks Cost  | 100 BAM (54 USD) | 1,000 RSD (9.20 USD) |
School Supplies  | 50 BAM (27 USD) | 500 RSD (4.60 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 2.60 times more for school and education.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Movie Ticket (Single)  | 7.38 BAM (3.99 USD) | 300 RSD (2.76 USD) |
Theater Ticket (Single)  | 20 BAM (10.80 USD) | 500 RSD (4.60 USD) |
Concert Ticket (Single)  | 30 BAM (16.20 USD) | 800 RSD (7.36 USD) |
Sports Event Ticket (Single)  | 15 BAM (8.10 USD) | 1,000 RSD (9.20 USD) |
Gym Membership  | 44.42 BAM (23.99 USD) | 3,000 RSD (27.60 USD) |
Swimming Pool Access  | 20 BAM (10.80 USD) | 2,000 RSD (18.40 USD) |
Museum Entry Ticket  | 5 BAM (2.70 USD) | 200 RSD (1.84 USD) |
Zoo Entry Ticket  | 5 BAM (2.70 USD) | 300 RSD (2.76 USD) |
Amusement Park Entry Ticket  | 10 BAM (5.40 USD) | 500 RSD (4.60 USD) |
Bowling  | 10 BAM (5.40 USD) | 300 RSD (2.76 USD) |
Mini Golf  | 10 BAM (5.40 USD) | 200 RSD (1.84 USD) |
Video Games  | 50 BAM (27 USD) | 3,000 RSD (27.60 USD) |
Streaming Services  | 10 BAM (5.40 USD) | 800 RSD (7.36 USD) |
Outdoor Equipment Rental  | 20 BAM (10.80 USD) | 500 RSD (4.60 USD) |
Theme Park Annual Pass  | 100 BAM (54 USD) | 20,000 RSD (184 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.59 times less for entertainment, recreation and fun activities.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Language Classes  | 50 BAM (27 USD) | 6,000 RSD (55.20 USD) |
Parenting Classes  | 50 BAM (27 USD) | 4,000 RSD (36.80 USD) |
Art Classes  | 20 BAM (10.80 USD) | 600 RSD (5.52 USD) |
Fitness Classes  | 15 BAM (8.10 USD) | 500 RSD (4.60 USD) |
Music Lessons  | 20 BAM (10.80 USD) | 800 RSD (7.36 USD) |
Dance Lessons  | 20 BAM (10.80 USD) | 800 RSD (7.36 USD) |
Reading Materials for Classes  | 10 BAM (5.40 USD) | 200 RSD (1.84 USD) |
Educational Software  | 100 BAM (54 USD) | 5,000 RSD (46 USD) |
If you lived in Bosnia and Herzegovina, instead of Serbia, you would have to pay 1.07 times less for Private Classes.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Average Gross Monthly Salary  | 1,500 BAM (810 USD) | 80,000 RSD (736 USD) |
Average Net Monthly Salary  | 1,000 BAM (540 USD) | 56,000 RSD (515.20 USD) |
Minimum Wages  | 15 BAM per hour (8.10 USD) | 1,000 RSD per hour (9.20 USD) |
Average Bonus  | 100 BAM (54 USD) | 10,000 RSD (92 USD) |
Income Tax Rate  | 0 to 17 % | 0 to 20 % |
Social Security Contributions  | 17 % | 13 % |
Pension Contributions  | 6 % | 12 % |
Cost of Living Index  | 40 | 43 |
Median Household Income  | 2,000 BAM (1,080 USD) | 70,000 RSD (644 USD) |
If you lived in Bosnia and Herzegovina, you would earn 1.25 times more salary as compared to Serbia.
Indicators | Bosnia and Herzegovina | Serbia |
|---|---|---|
Legal Consultation Per Hour Rate  | 50 BAM (27 USD) | 5,000 RSD (46 USD) |
Accounting Services Per Hour Rate  | 30 BAM (16.20 USD) | 4,000 RSD (36.80 USD) |
IT Support Services Per Hour Rate  | 40 BAM (21.60 USD) | 3,000 RSD (27.60 USD) |
Technician Services Per Hour Rate  | 30 BAM (16.20 USD) | 2,000 RSD (18.40 USD) |
Professional Services cost 1.59 times less in Bosnia and Herzegovina, as compared to Serbia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Bosnia and Herzegovina and Serbia.
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