Published: Monday, 21th October 2024
The cost of living in North Macedonia is 1.71 times less expensive as compared to Bosnia and Herzegovina.
On this page, you will find side-by-side cost comparison between North Macedonia 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 North Macedonia and Bosnia and Herzegovina.
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Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
1 BHK Apartment in City Center | 25,000 MKD (425 USD) | 389.66 BAM (210.42 USD) |
2 BHK Apartment in City Center | 35,000 MKD (595 USD) | 645 BAM (348.30 USD) |
3 BHK Apartment in City Center | 50,000 MKD (850 USD) | 1,109 BAM (598.86 USD) |
1 BHK Apartment outside City Center | 15,000 MKD (255 USD) | 289.70 BAM (156.44 USD) |
2 BHK Apartment outside City Center | 25,000 MKD (425 USD) | 459 BAM (247.86 USD) |
3 BHK Apartment outside City Center | 35,000 MKD (595 USD) | 643 BAM (347.22 USD) |
Mortgage Rates Per Month | 1.9 % | 4.11 % |
Realtor Commission | 3 % | 5 % |
Property Taxes | 0.1 to 0.3 % | Yet to Update |
The average housing cost in North Macedonia is 1.64 times more expensive than Bosnia and Herzegovina.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Basic Home Furnishing | 100,000 MKD (1,700 USD) | 1,000 BAM (540 USD) |
Electricity Cost Per Month | 5,000 MKD (85 USD) | 50 BAM (27 USD) |
Heating Cost Per Month | 4,000 MKD (68 USD) | 150 BAM (81 USD) |
Cooling Cost Per Month | 3,000 MKD (51 USD) | 50 BAM (27 USD) |
Water Supply Cost Per Month | 1,500 MKD (25.50 USD) | 20 BAM (10.80 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 181.35% more for Utilities.
The basic home furnishing in North Macedonia costs 3.15 times more compared to Bosnia and Herzegovina.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Standard Wifi Cost Per Month | 2,000 MKD (34 USD) | 44 BAM (23.76 USD) |
Mobile Phone Basic Plan Cost Per Month | 1,000 MKD (17 USD) | 20 BAM (10.80 USD) |
Landline Basic Plan Cost Per Month | 1,000 MKD (17 USD) | 15 BAM (8.10 USD) |
Cable TV Basic Plan Cost Per Month | 1,500 MKD (25.50 USD) | 25 BAM (13.50 USD) |
The internet and communication costs 66.49% more in North Macedonia compared to Bosnia and Herzegovina.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Long Grain Rice (1 KG) | 80 MKD (1.36 USD) | 2.50 BAM (1.35 USD) |
Milk (1 Liter) | 80 MKD (1.36 USD) | 2.23 BAM (1.20 USD) |
Water (1 Liter) | 25 MKD (0.43 USD) | 1.70 BAM (0.92 USD) |
Bread (500 gm) | 40 MKD (0.68 USD) | 1.65 BAM (0.89 USD) |
Eggs (1 Dozen) | 120 MKD (2.04 USD) | 5.17 BAM (2.79 USD) |
Cheese (1 KG) | 250 MKD (4.25 USD) | 11 BAM (5.94 USD) |
Chicken Breast (1 KG) | 300 MKD (5.10 USD) | 5.58 BAM (3.01 USD) |
In North Macedonia, the cost of 1 Liter Water and 1 Liter Milk is 1.19 times less expensive than the cost in Bosnia and Herzegovina.
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 5.55% less for Groceries.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Apples (1 KG) | 100 MKD (1.70 USD) | 2.29 BAM (1.24 USD) |
Bananas (1 KG) | 80 MKD (1.36 USD) | 1.25 BAM (0.68 USD) |
Oranges (1 KG) | 90 MKD (1.53 USD) | 1.20 BAM (0.65 USD) |
Tomatoes (1 KG) | 80 MKD (1.36 USD) | 3.31 BAM (1.79 USD) |
Potatoes (1 KG) | 50 MKD (0.85 USD) | 1.58 BAM (0.85 USD) |
Lemons (1 KG) | 100 MKD (1.70 USD) | 3 BAM (1.62 USD) |
Onions (1 KG) | 80 MKD (1.36 USD) | 0.71 BAM (0.38 USD) |
Lentils (1 KG) | 120 MKD (2.04 USD) | 3 BAM (1.62 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 1.35 times more for Fruits and Vegetables.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Meal at a Resonable Restaurant | 700 MKD (11.90 USD) | 9.79 BAM (5.29 USD) |
Three-Course Meal for Two | 2,000 MKD (34 USD) | 50 BAM (27 USD) |
Fast Food Combo Meal | 500 MKD (8.50 USD) | 8.45 BAM (4.56 USD) |
Normal Coffee | 50 MKD (0.85 USD) | 2.34 BAM (1.26 USD) |
Soft Drink | 40 MKD (0.68 USD) | 2.61 BAM (1.41 USD) |
Pizza for One | 300 MKD (5.10 USD) | 8 BAM (4.32 USD) |
Take-Out Delivery Meal | 600 MKD (10.20 USD) | 10 BAM (5.40 USD) |
Cigarette Pack of 20 | 250 MKD (4.25 USD) | 6.08 BAM (3.28 USD) |
Dining-Out costs 43.70% more in North Macedonia compared to Bosnia and Herzegovina.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Wine Mid-Range Bottle | 300 MKD (5.10 USD) | 17 BAM (9.18 USD) |
Glass of Wine | 150 MKD (2.55 USD) | 5 BAM (2.70 USD) |
Domestic Beer Half Liter | 60 MKD (1.02 USD) | 1.65 BAM (0.89 USD) |
Imported Beer Half Liter | 100 MKD (1.70 USD) | 2.86 BAM (1.54 USD) |
Domestic Alcohol 1 Liter | 300 MKD (5.10 USD) | 20 BAM (10.80 USD) |
Branded Alcohol 1 Liter | 500 MKD (8.50 USD) | 30 BAM (16.20 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 1.72 times less for usual hard drinks.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Monthly Public Transportation Pass | 1,500 MKD (25.50 USD) | 59.33 BAM (32.04 USD) |
Single Public Transportation Ticket | 30 MKD (0.51 USD) | 1.50 BAM (0.81 USD) |
Single Train Ticket | Yet to Update () | 5 BAM (2.70 USD) |
Domestic Airplane Ticket | 20,000 MKD (340 USD) | 100 BAM (54 USD) |
Taxi Start Fare | 50 MKD (0.85 USD) | 2 BAM (1.08 USD) |
Taxi Rate Per Kilometer | 30 MKD (0.51 USD) | 3 BAM (1.62 USD) |
Car Rental Per Day | 2,000 MKD (34 USD) | 50 BAM (27 USD) |
Parking Fees in City Center Per Hour | 20 MKD (0.34 USD) | 2 BAM (1.08 USD) |
Parking Fees outside City Center Per Hour | 10 MKD (0.17 USD) | 1 BAM (0.54 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 3.32 times more for transportation.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Reasonable Vehicle Purchase Cost | 500,000 MKD (8,500 USD) | 42,377.19 BAM (22,883.68 USD) |
Vehicle Registration Cost | 5,000 MKD (85 USD) | 50 BAM (27 USD) |
Driving License Fees | 1,000 MKD (17 USD) | 100 BAM (54 USD) |
Car Insurance Cost | 15,000 MKD (255 USD) | 400 BAM (216 USD) |
Car Maintenance Cost | 5,000 MKD (85 USD) | 200 BAM (108 USD) |
Car Loan Interest Rates | 7 % | 4 % |
Fuel Per Liter | 75 MKD (1.28 USD) | 2.92 BAM (1.58 USD) |
Fuel Per Gallon | 300 MKD (5.10 USD) | 9.90 BAM (5.35 USD) |
Average Toll Fees | Yet to Update | 5 BAM 2.70 USD |
You would have to pay 2.60 times less for Vehicle purchase, daily operation and maintenance in North Macedonia compared to that of Bosnia and Herzegovina.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Doctor Visit | 1,000 MKD (17 USD) | 20 BAM (10.80 USD) |
Specialist Visit | 2,000 MKD (34 USD) | 50 BAM (27 USD) |
Dentist Visit | 1,500 MKD (25.50 USD) | 30 BAM (16.20 USD) |
Eye Exam | 500 MKD (8.50 USD) | 25 BAM (13.50 USD) |
Mental Health Counseling | 1,500 MKD (25.50 USD) | 50 BAM (27 USD) |
Preventive Health Screening | 1,000 MKD (17 USD) | 50 BAM (27 USD) |
Physical Therapy | 1,000 MKD (17 USD) | 50 BAM (27 USD) |
Emergency Room Visit | 5,000 MKD (85 USD) | 100 BAM (54 USD) |
Hospital Stay Per Night | 3,000 MKD (51 USD) | 200 BAM (108 USD) |
Vaccinations | 500 MKD (8.50 USD) | 30 BAM (16.20 USD) |
Prescription Medication | 300 MKD (5.10 USD) | 10 BAM (5.40 USD) |
Over the Counter Medication | 150 MKD (2.55 USD) | 5 BAM (2.70 USD) |
Health Insurance Premiums | 15,000 MKD (255 USD) | 100 BAM (54 USD) |
Health Insurance Deductibles | 5,000 MKD (85 USD) | 50 BAM (27 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 1.53 times more for Health and Medical Treatment.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Cosmetic Procedures | 5,000 MKD (85 USD) | 200 BAM (108 USD) |
Spa Treatment | 1,500 MKD (25.50 USD) | 50 BAM (27 USD) |
Manicure Pedicure Cost | 500 MKD (8.50 USD) | 20 BAM (10.80 USD) |
Optical Glasses Cost | 1,500 MKD (25.50 USD) | 100 BAM (54 USD) |
Contact Lenses Cost | 1,000 MKD (17 USD) | 50 BAM (27 USD) |
Haircuts | 500 MKD (8.50 USD) | 10 BAM (5.40 USD) |
Hair Coloring | 1,000 MKD (17 USD) | 20 BAM (10.80 USD) |
Shampoo Price | 50 MKD (0.85 USD) | 5 BAM (2.70 USD) |
Toothpaste Price | 30 MKD (0.51 USD) | 3 BAM (1.62 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 1.31 times less for Personal Care Items and Treatment.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Pair of Nike Running Shoes | 5,000 MKD (85 USD) | 178 BAM (96.12 USD) |
Men's Shirt | 1,000 MKD (17 USD) | 50 BAM (27 USD) |
Women's Dress | 4,000 MKD (68 USD) | 70 BAM (37.80 USD) |
Summer Dress | 3,000 MKD (51 USD) | 50 BAM (27 USD) |
Men's Suit | 15,000 MKD (255 USD) | 300 BAM (162 USD) |
Men's Jeans | 3,000 MKD (51 USD) | 144 BAM (77.76 USD) |
Women's Jeans | 3,000 MKD (51 USD) | 100 BAM (54 USD) |
Men's Formal Shoes | 5,000 MKD (85 USD) | 144 BAM (77.76 USD) |
Women's Formal Shoes | 5,000 MKD (85 USD) | 100 BAM (54 USD) |
Men's Casual Shoes | 4,000 MKD (68 USD) | 100 BAM (54 USD) |
Women's Casual Shoes | 4,000 MKD (68 USD) | 80 BAM (43.20 USD) |
Underwear For Men | 300 MKD (5.10 USD) | 10 BAM (5.40 USD) |
Underwear For Women | 400 MKD (6.80 USD) | 10 BAM (5.40 USD) |
Socks For Men | 100 MKD (1.70 USD) | 5 BAM (2.70 USD) |
Socks For Women | 100 MKD (1.70 USD) | 5 BAM (2.70 USD) |
Wintercoat for Adults | 5,000 MKD (85 USD) | 200 BAM (108 USD) |
Sportswear | 3,000 MKD (51 USD) | 80 BAM (43.20 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 1.18 times more for Clothing and Footwear for Adults.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Children's Jeans | 1,500 MKD (25.50 USD) | 60 BAM (32.40 USD) |
Children's Normal Sneakers | 2,000 MKD (34 USD) | 80 BAM (43.20 USD) |
Children's Winter Coat | 3,000 MKD (51 USD) | 100 BAM (54 USD) |
Daycare for Infant | 8,000 MKD (136 USD) | 275.19 BAM (148.60 USD) |
Daycare for Toddler | 6,000 MKD (102 USD) | 275.19 BAM (148.60 USD) |
Childcare for Sick Days | 1,000 MKD (17 USD) | 100 BAM (54 USD) |
Early Childhood Education Programs | 8,000 MKD (136 USD) | 200 BAM (108 USD) |
Extra Curricular Activities | 1,500 MKD (25.50 USD) | 50 BAM (27 USD) |
Summer Camp for Kids | 6,000 MKD (102 USD) | 200 BAM (108 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 1.15 times less for Childcare and kids clothing.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
PreSchool Fees | 10,000 MKD (170 USD) | 275.19 BAM (148.60 USD) |
Primary School Fees | 15,000 MKD (255 USD) | 2,000 BAM (1,080 USD) |
Secondary School Fees | 20,000 MKD (340 USD) | 3,000 BAM (1,620 USD) |
Private School Fees | 30,000 MKD (510 USD) | 4,000 BAM (2,160 USD) |
University Tuition Fees | 40,000 MKD (680 USD) | 3,000 BAM (1,620 USD) |
University Private Tuition Fees | 60,000 MKD (1,020 USD) | 5,000 BAM (2,700 USD) |
After School Activities | 2,000 MKD (34 USD) | 50 BAM (27 USD) |
Special Education Services | 12,000 MKD (204 USD) | 300 BAM (162 USD) |
Tutoring | 1,000 MKD (17 USD) | 20 BAM (10.80 USD) |
Textbooks Cost | 1,500 MKD (25.50 USD) | 100 BAM (54 USD) |
School Supplies | 500 MKD (8.50 USD) | 50 BAM (27 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 2.94 times less for school and education.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Movie Ticket (Single) | 150 MKD (2.55 USD) | 7.38 BAM (3.99 USD) |
Theater Ticket (Single) | 200 MKD (3.40 USD) | 20 BAM (10.80 USD) |
Concert Ticket (Single) | 300 MKD (5.10 USD) | 30 BAM (16.20 USD) |
Sports Event Ticket (Single) | 250 MKD (4.25 USD) | 15 BAM (8.10 USD) |
Gym Membership | 1,000 MKD (17 USD) | 44.42 BAM (23.99 USD) |
Swimming Pool Access | 800 MKD (13.60 USD) | 20 BAM (10.80 USD) |
Museum Entry Ticket | 200 MKD (3.40 USD) | 5 BAM (2.70 USD) |
Zoo Entry Ticket | 300 MKD (5.10 USD) | 5 BAM (2.70 USD) |
Amusement Park Entry Ticket | 500 MKD (8.50 USD) | 10 BAM (5.40 USD) |
Bowling | 200 MKD (3.40 USD) | 10 BAM (5.40 USD) |
Mini Golf | 300 MKD (5.10 USD) | 10 BAM (5.40 USD) |
Video Games | 2,000 MKD (34 USD) | 50 BAM (27 USD) |
Streaming Services | 500 MKD (8.50 USD) | 10 BAM (5.40 USD) |
Outdoor Equipment Rental | 200 MKD (3.40 USD) | 20 BAM (10.80 USD) |
Theme Park Annual Pass | 15,000 MKD (255 USD) | 100 BAM (54 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 1.93 times more for entertainment, recreation and fun activities.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Language Classes | 10,000 MKD (170 USD) | 50 BAM (27 USD) |
Parenting Classes | 8,000 MKD (136 USD) | 50 BAM (27 USD) |
Art Classes | 800 MKD (13.60 USD) | 20 BAM (10.80 USD) |
Fitness Classes | 500 MKD (8.50 USD) | 15 BAM (8.10 USD) |
Music Lessons | 1,000 MKD (17 USD) | 20 BAM (10.80 USD) |
Dance Lessons | 1,000 MKD (17 USD) | 20 BAM (10.80 USD) |
Reading Materials for Classes | 300 MKD (5.10 USD) | 10 BAM (5.40 USD) |
Educational Software | 6,000 MKD (102 USD) | 100 BAM (54 USD) |
If you lived in North Macedonia, instead of Bosnia and Herzegovina, you would have to pay 3.05 times more for Private Classes.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Average Gross Monthly Salary | 40,000 MKD (680 USD) | 1,500 BAM (810 USD) |
Average Net Monthly Salary | 25,000 MKD (425 USD) | 1,000 BAM (540 USD) |
Minimum Wages | 666.67 MKD per hour (11.33 USD) | 15 BAM per hour (8.10 USD) |
Average Bonus | 5,000 MKD (85 USD) | 100 BAM (54 USD) |
Income Tax Rate | 0 to 18 % | 0 to 17 % |
Social Security Contributions | 10 % | 17 % |
Pension Contributions | 5 % | 6 % |
Cost of Living Index | 50 | 40 |
Median Household Income | 70,000 MKD (1,190 USD) | 2,000 BAM (1,080 USD) |
If you lived in North Macedonia, you would earn 1.04 times less salary as compared to Bosnia and Herzegovina.
Indicators | North Macedonia | Bosnia and Herzegovina |
---|---|---|
Legal Consultation Per Hour Rate | 1,500 MKD (25.50 USD) | 50 BAM (27 USD) |
Accounting Services Per Hour Rate | 2,000 MKD (34 USD) | 30 BAM (16.20 USD) |
IT Support Services Per Hour Rate | 2,000 MKD (34 USD) | 40 BAM (21.60 USD) |
Technician Services Per Hour Rate | 1,500 MKD (25.50 USD) | 30 BAM (16.20 USD) |
Professional Services cost 1.47 times more in North Macedonia, as compared to Bosnia and Herzegovina.
We hope you enjoyed the detailed guide on the cost of living comparsion between North Macedonia and Bosnia and Herzegovina.
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