Cost of Living Comparison Between Banja Luka and Munich 

Indices DifferenceInfo
Cost of Living in Munich is 81.7% higher than in Banja Luka (without rent)
Cost of Living Including Rent in Munich is 139.2% higher than in Banja Luka
Rent Prices in Munich are 474.8% higher than in Banja Luka
Restaurant Prices in Munich are 119.2% higher than in Banja Luka
Groceries Prices in Munich are 73.1% higher than in Banja Luka
Local Purchasing Power in Munich is 113.3% higher than in Banja Luka
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Banja Luka Edit Munich Edit Difference
Meal, Inexpensive Restaurant 15.00 KM
(7.67 €)
29.35 KM
(15.00 €)
     +95.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 67.50 KM
(34.50 €)
146.75 KM
(75.00 €)
     +117.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.39 KM
(4.80 €)
21.52 KM
(11.00 €)
     +129.2 %
Domestic Beer (1 pint draught) 3.00 KM
(1.53 €)
8.81 KM
(4.50 €)
     +193.5 %
Imported Beer (12 oz small bottle) 3.50 KM
(1.79 €)
9.20 KM
(4.70 €)
     +162.8 %
Cappuccino (regular) 2.59 KM
(1.32 €)
7.42 KM
(3.79 €)
     +186.8 %
Coke/Pepsi (12 oz small bottle) 3.02 KM
(1.55 €)
6.83 KM
(3.49 €)
     +125.7 %
Water (12 oz small bottle) 1.91 KM
(0.97 €)
5.70 KM
(2.91 €)
     +198.7 %
Markets
Banja Luka Edit Munich Edit
Milk (regular), (1 gallon) 8.67 KM
(4.43 €)
8.54 KM
(4.37 €)
     -1.5 %
Loaf of Fresh White Bread (1 lb) 1.78 KM
(0.91 €)
3.99 KM
(2.04 €)
     +124.4 %
Rice (white), (1 lb) 1.42 KM
(0.72 €)
2.40 KM
(1.22 €)
     +69.1 %
Eggs (regular) (12) 4.50 KM
(2.30 €)
6.32 KM
(3.23 €)
     +40.4 %
Local Cheese (1 lb) 6.77 KM
(3.46 €)
11.69 KM
(5.97 €)
     +72.7 %
Chicken Fillets (1 lb) 5.73 KM
(2.93 €)
11.40 KM
(5.83 €)
     +98.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.12 KM
(4.66 €)
14.76 KM
(7.54 €)
     +61.8 %
Apples (1 lb) 1.00 KM
(0.51 €)
2.43 KM
(1.24 €)
     +143.5 %
Banana (1 lb) 1.31 KM
(0.67 €)
1.44 KM
(0.74 €)
     +9.7 %
Oranges (1 lb) 1.42 KM
(0.73 €)
2.03 KM
(1.04 €)
     +43.2 %
Tomato (1 lb) 1.39 KM
(0.71 €)
2.90 KM
(1.48 €)
     +108.9 %
Potato (1 lb) 0.87 KM
(0.44 €)
1.46 KM
(0.74 €)
     +67.7 %
Onion (1 lb) 0.88 KM
(0.45 €)
1.58 KM
(0.81 €)
     +79.7 %
Lettuce (1 head) 2.57 KM
(1.31 €)
3.58 KM
(1.83 €)
     +39.3 %
Water (1.5 liter bottle) 1.16 KM
(0.59 €)
1.77 KM
(0.91 €)
     +52.5 %
Bottle of Wine (Mid-Range) 10.00 KM
(5.11 €)
11.72 KM
(5.99 €)
     +17.2 %
Domestic Beer (0.5 liter bottle) 1.13 KM
(0.58 €)
1.87 KM
(0.96 €)
     +65.8 %
Imported Beer (12 oz small bottle) 2.01 KM
(1.03 €)
3.06 KM
(1.56 €)
     +52.2 %
Cigarettes 20 Pack (Marlboro) 6.20 KM
(3.17 €)
16.04 KM
(8.20 €)
     +158.8 %
Transportation
Banja Luka Edit Munich Edit
One-way Ticket (Local Transport) 2.30 KM
(1.18 €)
7.24 KM
(3.70 €)
     +214.8 %
Monthly Pass (Regular Price) 57.00 KM
(29.13 €)
95.88 KM
(49.00 €)
     +68.2 %
Taxi Start (Normal Tariff) 2.50 KM
(1.28 €)
10.76 KM
(5.50 €)
     +330.5 %
Taxi 1 mile (Normal Tariff) 3.06 KM
(1.56 €)
7.87 KM
(4.02 €)
     +157.5 %
Taxi 1hour Waiting (Normal Tariff) 15.00 KM
(7.67 €)
74.35 KM
(38.00 €)
     +395.7 %
Gasoline (1 gallon) 10.44 KM
(5.34 €)
13.50 KM
(6.90 €)
     +29.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 45,000.00 KM
(22,998.26 €)
53,182.29 KM
(27,180.00 €)
     +18.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 44,650.00 KM
(22,819.38 €)
54,053.01 KM
(27,625.00 €)
     +21.1 %
Utilities (Monthly)
Banja Luka Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 303.94 KM
(155.33 €)
650.21 KM
(332.30 €)
     +113.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 33.00 KM
(16.87 €)
45.63 KM
(23.32 €)
     +38.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 42.11 KM
(21.52 €)
73.72 KM
(37.68 €)
     +75.1 %
Sports And Leisure
Banja Luka Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 47.69 KM
(24.37 €)
90.11 KM
(46.05 €)
     +88.9 %
Tennis Court Rent (1 Hour on Weekend) 25.88 KM
(13.22 €)
55.28 KM
(28.25 €)
     +113.6 %
Cinema, International Release, 1 Seat 7.00 KM
(3.58 €)
25.44 KM
(13.00 €)
     +263.4 %
Childcare
Banja Luka Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 310.00 KM
(158.43 €)
1,654.35 KM
(845.49 €)
     +433.7 %
International Primary School, Yearly for 1 Child 3,333.33 KM
(1,703.57 €)
28,518.47 KM
(14,575.00 €)
     +755.6 %
Clothing And Shoes
Banja Luka Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 152.27 KM
(77.82 €)
177.35 KM
(90.64 €)
     +16.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 64.38 KM
(32.90 €)
77.34 KM
(39.52 €)
     +20.1 %
1 Pair of Nike Running Shoes (Mid-Range) 146.82 KM
(75.03 €)
170.47 KM
(87.12 €)
     +16.1 %
1 Pair of Men Leather Business Shoes 192.22 KM
(98.24 €)
254.15 KM
(129.89 €)
     +32.2 %
Rent Per Month
Banja Luka Edit Munich Edit
Apartment (1 bedroom) in City Centre 581.82 KM
(297.35 €)
2,958.30 KM
(1,511.90 €)
     +408.5 %
Apartment (1 bedroom) Outside of Centre 426.67 KM
(218.06 €)
2,328.17 KM
(1,189.86 €)
     +445.7 %
Apartment (3 bedrooms) in City Centre 894.44 KM
(457.13 €)
5,288.60 KM
(2,702.86 €)
     +491.3 %
Apartment (3 bedrooms) Outside of Centre 655.56 KM
(335.04 €)
4,130.75 KM
(2,111.11 €)
     +530.1 %
Buy Apartment Price
Banja Luka Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 390.19 KM
(199.42 €)
2,060.80 KM
(1,053.22 €)
     +428.2 %
Price per Square Feet to Buy Apartment Outside of Centre 278.71 KM
(142.44 €)
1,487.28 KM
(760.11 €)
     +433.6 %
Salaries And Financing
Banja Luka Edit Munich Edit
Average Monthly Net Salary (After Tax) 1,216.85 KM
(621.90 €)
6,208.60 KM
(3,173.05 €)
     +410.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.68 3.88      -17.1 %
Last update: May 2024June 2024
Contributors in the past 12 months:61414