Cost of Living Comparison Between Munich and Banja Luka 
| Indices Difference |  |
|---|---|
| Cost of Living in Banja Luka is 45.0% lower than in Munich (without rent) | |
| Cost of Living Including Rent in Banja Luka is 57.8% lower than in Munich | |
| Rent Prices in Banja Luka are 82.1% lower than in Munich | |
| Restaurant Prices in Banja Luka are 54.8% lower than in Munich | |
| Groceries Prices in Banja Luka are 42.7% lower than in Munich | |
| Local Purchasing Power in Banja Luka is 54.5% lower than in Munich | |
Restaurants | Munich Edit |
Banja Luka Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (29.32 KM) |
7.67 € (15.00 KM) |
-48.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
77.50 € (151.50 KM) |
34.53 € (67.50 KM) |
-55.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 € (21.50 KM) |
4.80 € (9.39 KM) |
-56.3 % |
| Domestic Beer (1 pint draught) |
4.50 € (8.80 KM) |
1.53 € (3.00 KM) |
-65.9 % |
| Imported Beer (12 oz small bottle) |
4.60 € (8.99 KM) |
1.79 € (3.50 KM) |
-61.1 % |
| Cappuccino (regular) |
3.81 € (7.46 KM) |
1.32 € (2.59 KM) |
-65.3 % |
| Coke/Pepsi (12 oz small bottle) |
3.35 € (6.56 KM) |
1.55 € (3.02 KM) |
-53.9 % |
| Water (12 oz small bottle) |
2.82 € (5.51 KM) |
0.98 € (1.91 KM) |
-65.4 % |
Markets | Munich Edit |
Banja Luka Edit | |
| Milk (regular), (1 gallon) |
4.43 € (8.66 KM) |
4.38 € (8.56 KM) |
-1.2 % |
| Loaf of Fresh White Bread (1 lb) |
2.11 € (4.12 KM) |
0.90 € (1.75 KM) |
-57.5 % |
| Rice (white), (1 lb) |
1.23 € (2.40 KM) |
0.72 € (1.42 KM) |
-40.8 % |
| Eggs (regular) (12) |
3.17 € (6.20 KM) |
2.30 € (4.50 KM) |
-27.5 % |
| Local Cheese (1 lb) |
5.94 € (11.61 KM) |
3.45 € (6.74 KM) |
-42.0 % |
| Chicken Fillets (1 lb) |
5.83 € (11.39 KM) |
2.99 € (5.85 KM) |
-48.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.49 € (14.64 KM) |
4.58 € (8.95 KM) |
-38.9 % |
| Apples (1 lb) |
1.25 € (2.45 KM) |
0.50 € (0.98 KM) |
-60.0 % |
| Banana (1 lb) |
0.74 € (1.44 KM) |
0.65 € (1.28 KM) |
-11.1 % |
| Oranges (1 lb) |
1.07 € (2.09 KM) |
0.71 € (1.39 KM) |
-33.2 % |
| Tomato (1 lb) |
1.45 € (2.84 KM) |
0.71 € (1.39 KM) |
-51.3 % |
| Potato (1 lb) |
0.77 € (1.51 KM) |
0.44 € (0.86 KM) |
-43.3 % |
| Onion (1 lb) |
0.81 € (1.59 KM) |
0.45 € (0.88 KM) |
-44.5 % |
| Lettuce (1 head) |
1.82 € (3.56 KM) |
1.32 € (2.57 KM) |
-27.7 % |
| Water (1.5 liter bottle) |
0.91 € (1.77 KM) |
0.58 € (1.14 KM) |
-35.6 % |
| Bottle of Wine (Mid-Range) |
5.99 € (11.71 KM) |
5.12 € (10.00 KM) |
-14.6 % |
| Domestic Beer (0.5 liter bottle) |
0.97 € (1.90 KM) |
0.55 € (1.07 KM) |
-43.4 % |
| Imported Beer (12 oz small bottle) |
1.64 € (3.21 KM) |
1.00 € (1.96 KM) |
-38.9 % |
| Cigarettes 20 Pack (Marlboro) |
8.20 € (16.03 KM) |
3.17 € (6.20 KM) |
-61.3 % |
Transportation | Munich Edit |
Banja Luka Edit | |
| One-way Ticket (Local Transport) |
3.70 € (7.23 KM) |
1.18 € (2.30 KM) |
-68.2 % |
| Monthly Pass (Regular Price) |
49.00 € (95.79 KM) |
29.16 € (57.00 KM) |
-40.5 % |
| Taxi Start (Normal Tariff) |
5.50 € (10.75 KM) |
1.28 € (2.50 KM) |
-76.7 % |
| Taxi 1 mile (Normal Tariff) |
4.02 € (7.87 KM) |
1.52 € (2.98 KM) |
-62.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
38.00 € (74.29 KM) |
7.67 € (15.00 KM) |
-79.8 % |
| Gasoline (1 gallon) |
6.90 € (13.49 KM) |
5.34 € (10.44 KM) |
-22.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,180.00 € (53,134.17 KM) |
23,019.09 € (45,000.00 KM) |
-15.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,625.00 € (54,004.10 KM) |
20,710.78 € (40,487.50 KM) |
-25.0 % |
Utilities (Monthly) | Munich Edit |
Banja Luka Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
311.83 € (609.59 KM) |
164.65 € (321.88 KM) |
-47.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
23.53 € (46.01 KM) |
16.88 € (33.00 KM) |
-28.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
38.16 € (74.60 KM) |
20.88 € (40.81 KM) |
-45.3 % |
Sports And Leisure | Munich Edit |
Banja Luka Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.98 € (91.83 KM) |
23.61 € (46.15 KM) |
-49.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
27.62 € (53.99 KM) |
13.24 € (25.88 KM) |
-52.1 % |
| Cinema, International Release, 1 Seat |
13.00 € (25.41 KM) |
3.58 € (7.00 KM) |
-72.5 % |
Childcare | Munich Edit |
Banja Luka Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
837.41 € (1,637.05 KM) |
151.41 € (296.00 KM) |
-81.9 % |
| International Primary School, Yearly for 1 Child |
14,575.00 € (28,492.66 KM) |
1,644.22 € (3,214.29 KM) |
-88.7 % |
Clothing And Shoes | Munich Edit |
Banja Luka Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
88.83 € (173.65 KM) |
77.89 € (152.27 KM) |
-12.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.48 € (69.35 KM) |
29.09 € (56.88 KM) |
-18.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.66 € (171.36 KM) |
73.11 € (142.92 KM) |
-16.6 % |
| 1 Pair of Men Leather Business Shoes |
124.90 € (244.17 KM) |
97.19 € (190.00 KM) |
-22.2 % |
Rent Per Month | Munich Edit |
Banja Luka Edit | |
| Apartment (1 bedroom) in City Centre |
1,502.02 € (2,936.30 KM) |
295.12 € (576.92 KM) |
-80.4 % |
| Apartment (1 bedroom) Outside of Centre |
1,189.45 € (2,325.25 KM) |
219.17 € (428.46 KM) |
-81.6 % |
| Apartment (3 bedrooms) in City Centre |
2,560.98 € (5,006.45 KM) |
460.38 € (900.00 KM) |
-82.0 % |
| Apartment (3 bedrooms) Outside of Centre |
2,074.29 € (4,055.02 KM) |
338.18 € (661.11 KM) |
-83.7 % |
Buy Apartment Price | Munich Edit |
Banja Luka Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,022.74 € (1,999.35 KM) |
198.60 € (388.23 KM) |
-80.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
738.57 € (1,443.84 KM) |
140.82 € (275.28 KM) |
-80.9 % |
Salaries And Financing | Munich Edit |
Banja Luka Edit | |
| Average Monthly Net Salary (After Tax) |
3,233.28 € (6,320.73 KM) |
619.62 € (1,211.29 KM) |
-80.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.84 | 4.51 | +17.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 437 | 61 |
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