Published: Monday, 21th October 2024
The cost of living in Madagascar is 4.41 times less expensive as compared to Bosnia and Herzegovina.
On this page, you will find side-by-side cost comparison between Madagascar 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 Madagascar and Bosnia and Herzegovina.
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 Indicators  | Madagascar  | Bosnia and Herzegovina  |
|---|---|---|
1 BHK Apartment in City Center  | 350,000 MGA (80.50 USD) | 389.66 BAM (210.42 USD) |
2 BHK Apartment in City Center  | 500,000 MGA (115 USD) | 645 BAM (348.30 USD) |
3 BHK Apartment in City Center  | 750,000 MGA (172.50 USD) | 1,109 BAM (598.86 USD) |
1 BHK Apartment outside City Center  | 150,000 MGA (34.50 USD) | 289.70 BAM (156.44 USD) |
2 BHK Apartment outside City Center  | 250,000 MGA (57.50 USD) | 459 BAM (247.86 USD) |
3 BHK Apartment outside City Center  | 400,000 MGA (92 USD) | 643 BAM (347.22 USD) |
Mortgage Rates Per Month  | 2 % | 4.11 % |
Realtor Commission  | 3 % | 5 % |
Property Taxes  | Yet to Update | Yet to Update |
The average housing cost in Madagascar is 3.41 times less expensive than Bosnia and Herzegovina.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Basic Home Furnishing  | 2,000,000 MGA (460 USD) | 1,000 BAM (540 USD) |
Electricity Cost Per Month  | 50,000 MGA (11.50 USD) | 50 BAM (27 USD) |
Heating Cost Per Month  | 25,000 MGA (5.75 USD) | 150 BAM (81 USD) |
Cooling Cost Per Month  | 20,000 MGA (4.60 USD) | 50 BAM (27 USD) |
Water Supply Cost Per Month  | 20,000 MGA (4.60 USD) | 20 BAM (10.80 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 29.07% less for Utilities.
The basic home furnishing in Madagascar costs 1.17 times less compared to Bosnia and Herzegovina.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Standard Wifi Cost Per Month  | 30,000 MGA (6.90 USD) | 44 BAM (23.76 USD) |
Mobile Phone Basic Plan Cost Per Month  | 20,000 MGA (4.60 USD) | 20 BAM (10.80 USD) |
Landline Basic Plan Cost Per Month  | 15,000 MGA (3.45 USD) | 15 BAM (8.10 USD) |
Cable TV Basic Plan Cost Per Month  | 25,000 MGA (5.75 USD) | 25 BAM (13.50 USD) |
The internet and communication costs 63.14% less in Madagascar compared to Bosnia and Herzegovina.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Long Grain Rice (1 KG)  | 5,000 MGA (1.15 USD) | 2.50 BAM (1.35 USD) |
Milk (1 Liter)  | 2,500 MGA (0.58 USD) | 2.23 BAM (1.20 USD) |
Water (1 Liter)  | 1,500 MGA (0.35 USD) | 1.70 BAM (0.92 USD) |
Bread (500 gm)  | 2,000 MGA (0.46 USD) | 1.65 BAM (0.89 USD) |
Eggs (1 Dozen)  | 4,000 MGA (0.92 USD) | 5.17 BAM (2.79 USD) |
Cheese (1 KG)  | 20,000 MGA (4.60 USD) | 11 BAM (5.94 USD) |
Chicken Breast (1 KG)  | 12,000 MGA (2.76 USD) | 5.58 BAM (3.01 USD) |
In Madagascar, the cost of 1 Liter Water and 1 Liter Milk is 2.31 times less expensive than the cost in Bosnia and Herzegovina.
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 32.89% less for Groceries.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Apples (1 KG)  | 5,000 MGA (1.15 USD) | 2.29 BAM (1.24 USD) |
Bananas (1 KG)  | 3,000 MGA (0.69 USD) | 1.25 BAM (0.68 USD) |
Oranges (1 KG)  | 4,000 MGA (0.92 USD) | 1.20 BAM (0.65 USD) |
Tomatoes (1 KG)  | 3,500 MGA (0.81 USD) | 3.31 BAM (1.79 USD) |
Potatoes (1 KG)  | 3,000 MGA (0.69 USD) | 1.58 BAM (0.85 USD) |
Lemons (1 KG)  | 5,000 MGA (1.15 USD) | 3 BAM (1.62 USD) |
Onions (1 KG)  | 4,000 MGA (0.92 USD) | 0.71 BAM (0.38 USD) |
Lentils (1 KG)  | 5,000 MGA (1.15 USD) | 3 BAM (1.62 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 1.18 times less for Fruits and Vegetables.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Meal at a Resonable Restaurant  | 20,000 MGA (4.60 USD) | 9.79 BAM (5.29 USD) |
Three-Course Meal for Two  | 70,000 MGA (16.10 USD) | 50 BAM (27 USD) |
Fast Food Combo Meal  | 12,000 MGA (2.76 USD) | 8.45 BAM (4.56 USD) |
Normal Coffee  | 3,000 MGA (0.69 USD) | 2.34 BAM (1.26 USD) |
Soft Drink  | 2,500 MGA (0.58 USD) | 2.61 BAM (1.41 USD) |
Pizza for One  | 20,000 MGA (4.60 USD) | 8 BAM (4.32 USD) |
Take-Out Delivery Meal  | 25,000 MGA (5.75 USD) | 10 BAM (5.40 USD) |
Cigarette Pack of 20  | 12,000 MGA (2.76 USD) | 6.08 BAM (3.28 USD) |
Dining-Out costs 27.97% less in Madagascar compared to Bosnia and Herzegovina.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Wine Mid-Range Bottle  | 25,000 MGA (5.75 USD) | 17 BAM (9.18 USD) |
Glass of Wine  | 7,000 MGA (1.61 USD) | 5 BAM (2.70 USD) |
Domestic Beer Half Liter  | 3,500 MGA (0.81 USD) | 1.65 BAM (0.89 USD) |
Imported Beer Half Liter  | 5,000 MGA (1.15 USD) | 2.86 BAM (1.54 USD) |
Domestic Alcohol 1 Liter  | 40,000 MGA (9.20 USD) | 20 BAM (10.80 USD) |
Branded Alcohol 1 Liter  | 60,000 MGA (13.80 USD) | 30 BAM (16.20 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 1.28 times less for usual hard drinks.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Monthly Public Transportation Pass  | 50,000 MGA (11.50 USD) | 59.33 BAM (32.04 USD) |
Single Public Transportation Ticket  | 1,000 MGA (0.23 USD) | 1.50 BAM (0.81 USD) |
Single Train Ticket  | 30,000 MGA (6.90 USD) | 5 BAM (2.70 USD) |
Domestic Airplane Ticket  | 150,000 MGA (34.50 USD) | 100 BAM (54 USD) |
Taxi Start Fare  | 3,000 MGA (0.69 USD) | 2 BAM (1.08 USD) |
Taxi Rate Per Kilometer  | 2,000 MGA (0.46 USD) | 3 BAM (1.62 USD) |
Car Rental Per Day  | 80,000 MGA (18.40 USD) | 50 BAM (27 USD) |
Parking Fees in City Center Per Hour  | 2,000 MGA (0.46 USD) | 2 BAM (1.08 USD) |
Parking Fees outside City Center Per Hour  | 1,000 MGA (0.23 USD) | 1 BAM (0.54 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 1.65 times less for transportation.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 20,000,000 MGA (4,600 USD) | 42,377.19 BAM (22,883.68 USD) |
Vehicle Registration Cost  | 300,000 MGA (69 USD) | 50 BAM (27 USD) |
Driving License Fees  | 70,000 MGA (16.10 USD) | 100 BAM (54 USD) |
Car Insurance Cost  | 500,000 MGA (115 USD) | 400 BAM (216 USD) |
Car Maintenance Cost  | 200,000 MGA (46 USD) | 200 BAM (108 USD) |
Car Loan Interest Rates  | 12 % | 4 % |
Fuel Per Liter  | 3,500 MGA (0.81 USD) | 2.92 BAM (1.58 USD) |
Fuel Per Gallon  | 13,000 MGA (2.99 USD) | 9.90 BAM (5.35 USD) |
Average Toll Fees  | Yet to Update | 5 BAM 2.70 USD |
You would have to pay 4.80 times less for Vehicle purchase, daily operation and maintenance in Madagascar compared to that of Bosnia and Herzegovina.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Doctor Visit  | 40,000 MGA (9.20 USD) | 20 BAM (10.80 USD) |
Specialist Visit  | 80,000 MGA (18.40 USD) | 50 BAM (27 USD) |
Dentist Visit  | 60,000 MGA (13.80 USD) | 30 BAM (16.20 USD) |
Eye Exam  | 30,000 MGA (6.90 USD) | 25 BAM (13.50 USD) |
Mental Health Counseling  | 60,000 MGA (13.80 USD) | 50 BAM (27 USD) |
Preventive Health Screening  | 40,000 MGA (9.20 USD) | 50 BAM (27 USD) |
Physical Therapy  | 50,000 MGA (11.50 USD) | 50 BAM (27 USD) |
Emergency Room Visit  | 150,000 MGA (34.50 USD) | 100 BAM (54 USD) |
Hospital Stay Per Night  | 200,000 MGA (46 USD) | 200 BAM (108 USD) |
Vaccinations  | 30,000 MGA (6.90 USD) | 30 BAM (16.20 USD) |
Prescription Medication  | 15,000 MGA (3.45 USD) | 10 BAM (5.40 USD) |
Over the Counter Medication  | 10,000 MGA (2.30 USD) | 5 BAM (2.70 USD) |
Health Insurance Premiums  | 100,000 MGA (23 USD) | 100 BAM (54 USD) |
Health Insurance Deductibles  | 30,000 MGA (6.90 USD) | 50 BAM (27 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 2.02 times less for Health and Medical Treatment.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Cosmetic Procedures  | 800,000 MGA (184 USD) | 200 BAM (108 USD) |
Spa Treatment  | 70,000 MGA (16.10 USD) | 50 BAM (27 USD) |
Manicure Pedicure Cost  | 40,000 MGA (9.20 USD) | 20 BAM (10.80 USD) |
Optical Glasses Cost  | 150,000 MGA (34.50 USD) | 100 BAM (54 USD) |
Contact Lenses Cost  | 100,000 MGA (23 USD) | 50 BAM (27 USD) |
Haircuts  | 20,000 MGA (4.60 USD) | 10 BAM (5.40 USD) |
Hair Coloring  | 40,000 MGA (9.20 USD) | 20 BAM (10.80 USD) |
Shampoo Price  | 4,000 MGA (0.92 USD) | 5 BAM (2.70 USD) |
Toothpaste Price  | 2,000 MGA (0.46 USD) | 3 BAM (1.62 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 1.14 times more for Personal Care Items and Treatment.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Pair of Nike Running Shoes  | 120,000 MGA (27.60 USD) | 178 BAM (96.12 USD) |
Men's Shirt  | 60,000 MGA (13.80 USD) | 50 BAM (27 USD) |
Women's Dress  | 100,000 MGA (23 USD) | 70 BAM (37.80 USD) |
Summer Dress  | 70,000 MGA (16.10 USD) | 50 BAM (27 USD) |
Men's Suit  | 300,000 MGA (69 USD) | 300 BAM (162 USD) |
Men's Jeans  | 80,000 MGA (18.40 USD) | 144 BAM (77.76 USD) |
Women's Jeans  | 70,000 MGA (16.10 USD) | 100 BAM (54 USD) |
Men's Formal Shoes  | 120,000 MGA (27.60 USD) | 144 BAM (77.76 USD) |
Women's Formal Shoes  | 100,000 MGA (23 USD) | 100 BAM (54 USD) |
Men's Casual Shoes  | 90,000 MGA (20.70 USD) | 100 BAM (54 USD) |
Women's Casual Shoes  | 80,000 MGA (18.40 USD) | 80 BAM (43.20 USD) |
Underwear For Men  | 20,000 MGA (4.60 USD) | 10 BAM (5.40 USD) |
Underwear For Women  | 25,000 MGA (5.75 USD) | 10 BAM (5.40 USD) |
Socks For Men  | 8,000 MGA (1.84 USD) | 5 BAM (2.70 USD) |
Socks For Women  | 8,000 MGA (1.84 USD) | 5 BAM (2.70 USD) |
Wintercoat for Adults  | 150,000 MGA (34.50 USD) | 200 BAM (108 USD) |
Sportswear  | 80,000 MGA (18.40 USD) | 80 BAM (43.20 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 2.58 times less for Clothing and Footwear for Adults.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Children's Jeans  | 40,000 MGA (9.20 USD) | 60 BAM (32.40 USD) |
Children's Normal Sneakers  | 50,000 MGA (11.50 USD) | 80 BAM (43.20 USD) |
Children's Winter Coat  | 80,000 MGA (18.40 USD) | 100 BAM (54 USD) |
Daycare for Infant  | 100,000 MGA (23 USD) | 275.19 BAM (148.60 USD) |
Daycare for Toddler  | 90,000 MGA (20.70 USD) | 275.19 BAM (148.60 USD) |
Childcare for Sick Days  | 40,000 MGA (9.20 USD) | 100 BAM (54 USD) |
Early Childhood Education Programs  | 80,000 MGA (18.40 USD) | 200 BAM (108 USD) |
Extra Curricular Activities  | 50,000 MGA (11.50 USD) | 50 BAM (27 USD) |
Summer Camp for Kids  | 150,000 MGA (34.50 USD) | 200 BAM (108 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 4.63 times less for Childcare and kids clothing.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
PreSchool Fees  | 120,000 MGA (27.60 USD) | 275.19 BAM (148.60 USD) |
Primary School Fees  | 300,000 MGA (69 USD) | 2,000 BAM (1,080 USD) |
Secondary School Fees  | 400,000 MGA (92 USD) | 3,000 BAM (1,620 USD) |
Private School Fees  | 800,000 MGA (184 USD) | 4,000 BAM (2,160 USD) |
University Tuition Fees  | 1,500,000 MGA (345 USD) | 3,000 BAM (1,620 USD) |
University Private Tuition Fees  | 2,000,000 MGA (460 USD) | 5,000 BAM (2,700 USD) |
After School Activities  | 50,000 MGA (11.50 USD) | 50 BAM (27 USD) |
Special Education Services  | 100,000 MGA (23 USD) | 300 BAM (162 USD) |
Tutoring  | 40,000 MGA (9.20 USD) | 20 BAM (10.80 USD) |
Textbooks Cost  | 50,000 MGA (11.50 USD) | 100 BAM (54 USD) |
School Supplies  | 30,000 MGA (6.90 USD) | 50 BAM (27 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 7.75 times less for school and education.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Movie Ticket (Single)  | 8,000 MGA (1.84 USD) | 7.38 BAM (3.99 USD) |
Theater Ticket (Single)  | 15,000 MGA (3.45 USD) | 20 BAM (10.80 USD) |
Concert Ticket (Single)  | 20,000 MGA (4.60 USD) | 30 BAM (16.20 USD) |
Sports Event Ticket (Single)  | 30,000 MGA (6.90 USD) | 15 BAM (8.10 USD) |
Gym Membership  | 50,000 MGA (11.50 USD) | 44.42 BAM (23.99 USD) |
Swimming Pool Access  | 20,000 MGA (4.60 USD) | 20 BAM (10.80 USD) |
Museum Entry Ticket  | 4,000 MGA (0.92 USD) | 5 BAM (2.70 USD) |
Zoo Entry Ticket  | 5,000 MGA (1.15 USD) | 5 BAM (2.70 USD) |
Amusement Park Entry Ticket  | 15,000 MGA (3.45 USD) | 10 BAM (5.40 USD) |
Bowling  | 20,000 MGA (4.60 USD) | 10 BAM (5.40 USD) |
Mini Golf  | 15,000 MGA (3.45 USD) | 10 BAM (5.40 USD) |
Video Games  | 80,000 MGA (18.40 USD) | 50 BAM (27 USD) |
Streaming Services  | 20,000 MGA (4.60 USD) | 10 BAM (5.40 USD) |
Outdoor Equipment Rental  | 15,000 MGA (3.45 USD) | 20 BAM (10.80 USD) |
Theme Park Annual Pass  | 200,000 MGA (46 USD) | 100 BAM (54 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 1.62 times less for entertainment, recreation and fun activities.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Language Classes  | 40,000 MGA (9.20 USD) | 50 BAM (27 USD) |
Parenting Classes  | 30,000 MGA (6.90 USD) | 50 BAM (27 USD) |
Art Classes  | 50,000 MGA (11.50 USD) | 20 BAM (10.80 USD) |
Fitness Classes  | 30,000 MGA (6.90 USD) | 15 BAM (8.10 USD) |
Music Lessons  | 40,000 MGA (9.20 USD) | 20 BAM (10.80 USD) |
Dance Lessons  | 30,000 MGA (6.90 USD) | 20 BAM (10.80 USD) |
Reading Materials for Classes  | 7,000 MGA (1.61 USD) | 10 BAM (5.40 USD) |
Educational Software  | 60,000 MGA (13.80 USD) | 100 BAM (54 USD) |
If you lived in Madagascar, instead of Bosnia and Herzegovina, you would have to pay 2.33 times less for Private Classes.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Average Gross Monthly Salary  | 1,000,000 MGA (230 USD) | 1,500 BAM (810 USD) |
Average Net Monthly Salary  | 800,000 MGA (184 USD) | 1,000 BAM (540 USD) |
Minimum Wages  | 13,333.33 MGA per hour (3.07 USD) | 15 BAM per hour (8.10 USD) |
Average Bonus  | 150,000 MGA (34.50 USD) | 100 BAM (54 USD) |
Income Tax Rate  | 0 to 20 % | 0 to 17 % |
Social Security Contributions  | 5 % | 17 % |
Pension Contributions  | 7 % | 6 % |
Cost of Living Index  | 50 | 40 |
Median Household Income  | 1,200,000 MGA (276 USD) | 2,000 BAM (1,080 USD) |
If you lived in Madagascar, you would earn 3.43 times less salary as compared to Bosnia and Herzegovina.
Indicators | Madagascar | Bosnia and Herzegovina |
|---|---|---|
Legal Consultation Per Hour Rate  | 50,000 MGA (11.50 USD) | 50 BAM (27 USD) |
Accounting Services Per Hour Rate  | 60,000 MGA (13.80 USD) | 30 BAM (16.20 USD) |
IT Support Services Per Hour Rate  | 40,000 MGA (9.20 USD) | 40 BAM (21.60 USD) |
Technician Services Per Hour Rate  | 45,000 MGA (10.35 USD) | 30 BAM (16.20 USD) |
Professional Services cost 1.81 times less in Madagascar, as compared to Bosnia and Herzegovina.
We hope you enjoyed the detailed guide on the cost of living comparsion between Madagascar and Bosnia and Herzegovina.
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