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 137.2% higher than in Banja Luka
Rent Prices in Munich are 458.1% higher than in Banja Luka
Restaurant Prices in Munich are 121.3% higher than in Banja Luka
Groceries Prices in Munich are 74.5% higher than in Banja Luka
Local Purchasing Power in Munich is 120.0% 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 €)
29.32 KM
(15.00 €)
     +95.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 67.50 KM
(34.53 €)
151.50 KM
(77.50 €)
     +124.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.39 KM
(4.80 €)
21.50 KM
(11.00 €)
     +129.1 %
Domestic Beer (1 pint draught) 3.00 KM
(1.53 €)
8.80 KM
(4.50 €)
     +193.2 %
Imported Beer (12 oz small bottle) 3.50 KM
(1.79 €)
8.99 KM
(4.60 €)
     +156.9 %
Cappuccino (regular) 2.59 KM
(1.32 €)
7.46 KM
(3.81 €)
     +188.1 %
Coke/Pepsi (12 oz small bottle) 3.02 KM
(1.55 €)
6.56 KM
(3.35 €)
     +116.7 %
Water (12 oz small bottle) 1.91 KM
(0.98 €)
5.51 KM
(2.82 €)
     +189.0 %
Markets
Banja Luka Edit Munich Edit
Milk (regular), (1 gallon) 8.56 KM
(4.38 €)
8.66 KM
(4.43 €)
     +1.2 %
Loaf of Fresh White Bread (1 lb) 1.75 KM
(0.90 €)
4.12 KM
(2.11 €)
     +135.2 %
Rice (white), (1 lb) 1.42 KM
(0.72 €)
2.40 KM
(1.23 €)
     +69.0 %
Eggs (regular) (12) 4.50 KM
(2.30 €)
6.20 KM
(3.17 €)
     +37.9 %
Local Cheese (1 lb) 6.74 KM
(3.45 €)
11.61 KM
(5.94 €)
     +72.4 %
Chicken Fillets (1 lb) 5.85 KM
(2.99 €)
11.39 KM
(5.83 €)
     +94.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.95 KM
(4.58 €)
14.64 KM
(7.49 €)
     +63.7 %
Apples (1 lb) 0.98 KM
(0.50 €)
2.45 KM
(1.25 €)
     +149.8 %
Banana (1 lb) 1.28 KM
(0.65 €)
1.44 KM
(0.74 €)
     +12.5 %
Oranges (1 lb) 1.39 KM
(0.71 €)
2.09 KM
(1.07 €)
     +49.7 %
Tomato (1 lb) 1.39 KM
(0.71 €)
2.84 KM
(1.45 €)
     +105.2 %
Potato (1 lb) 0.86 KM
(0.44 €)
1.51 KM
(0.77 €)
     +76.3 %
Onion (1 lb) 0.88 KM
(0.45 €)
1.59 KM
(0.81 €)
     +80.2 %
Lettuce (1 head) 2.57 KM
(1.32 €)
3.56 KM
(1.82 €)
     +38.3 %
Water (1.5 liter bottle) 1.14 KM
(0.58 €)
1.77 KM
(0.91 €)
     +55.3 %
Bottle of Wine (Mid-Range) 10.00 KM
(5.12 €)
11.71 KM
(5.99 €)
     +17.1 %
Domestic Beer (0.5 liter bottle) 1.07 KM
(0.55 €)
1.90 KM
(0.97 €)
     +76.6 %
Imported Beer (12 oz small bottle) 1.96 KM
(1.00 €)
3.21 KM
(1.64 €)
     +63.7 %
Cigarettes 20 Pack (Marlboro) 6.20 KM
(3.17 €)
16.03 KM
(8.20 €)
     +158.6 %
Transportation
Banja Luka Edit Munich Edit
One-way Ticket (Local Transport) 2.30 KM
(1.18 €)
7.23 KM
(3.70 €)
     +214.5 %
Monthly Pass (Regular Price) 57.00 KM
(29.16 €)
95.79 KM
(49.00 €)
     +68.1 %
Taxi Start (Normal Tariff) 2.50 KM
(1.28 €)
10.75 KM
(5.50 €)
     +330.1 %
Taxi 1 mile (Normal Tariff) 2.98 KM
(1.52 €)
7.87 KM
(4.02 €)
     +164.2 %
Taxi 1hour Waiting (Normal Tariff) 15.00 KM
(7.67 €)
74.29 KM
(38.00 €)
     +395.2 %
Gasoline (1 gallon) 10.44 KM
(5.34 €)
13.49 KM
(6.90 €)
     +29.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 45,000.00 KM
(23,019.09 €)
53,134.17 KM
(27,180.00 €)
     +18.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 40,487.50 KM
(20,710.78 €)
54,004.10 KM
(27,625.00 €)
     +33.4 %
Utilities (Monthly)
Banja Luka Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 321.88 KM
(164.65 €)
609.59 KM
(311.83 €)
     +89.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 33.00 KM
(16.88 €)
46.01 KM
(23.53 €)
     +39.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 40.81 KM
(20.88 €)
74.11 KM
(37.91 €)
     +81.6 %
Sports And Leisure
Banja Luka Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 46.15 KM
(23.61 €)
91.83 KM
(46.98 €)
     +99.0 %
Tennis Court Rent (1 Hour on Weekend) 25.88 KM
(13.24 €)
53.99 KM
(27.62 €)
     +108.6 %
Cinema, International Release, 1 Seat 7.00 KM
(3.58 €)
25.41 KM
(13.00 €)
     +263.1 %
Childcare
Banja Luka Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 296.00 KM
(151.41 €)
1,637.05 KM
(837.41 €)
     +453.1 %
International Primary School, Yearly for 1 Child 3,214.29 KM
(1,644.22 €)
28,492.66 KM
(14,575.00 €)
     +786.4 %
Clothing And Shoes
Banja Luka Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 152.27 KM
(77.89 €)
173.65 KM
(88.83 €)
     +14.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 56.88 KM
(29.09 €)
69.35 KM
(35.48 €)
     +21.9 %
1 Pair of Nike Running Shoes (Mid-Range) 142.92 KM
(73.11 €)
171.36 KM
(87.66 €)
     +19.9 %
1 Pair of Men Leather Business Shoes 190.00 KM
(97.19 €)
244.17 KM
(124.90 €)
     +28.5 %
Rent Per Month
Banja Luka Edit Munich Edit
Apartment (1 bedroom) in City Centre 576.92 KM
(295.12 €)
2,936.30 KM
(1,502.02 €)
     +409.0 %
Apartment (1 bedroom) Outside of Centre 428.46 KM
(219.17 €)
2,325.25 KM
(1,189.45 €)
     +442.7 %
Apartment (3 bedrooms) in City Centre 900.00 KM
(460.38 €)
5,006.45 KM
(2,560.98 €)
     +456.3 %
Apartment (3 bedrooms) Outside of Centre 661.11 KM
(338.18 €)
4,055.02 KM
(2,074.29 €)
     +513.4 %
Buy Apartment Price
Banja Luka Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 388.23 KM
(198.60 €)
1,999.35 KM
(1,022.74 €)
     +415.0 %
Price per Square Feet to Buy Apartment Outside of Centre 275.28 KM
(140.82 €)
1,443.84 KM
(738.57 €)
     +424.5 %
Salaries And Financing
Banja Luka Edit Munich Edit
Average Monthly Net Salary (After Tax) 1,211.29 KM
(619.62 €)
6,320.73 KM
(3,233.28 €)
     +421.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.51 3.84      -15.0 %
Last update: May 2024May 2024
Contributors in the past 12 months:61437