Cost of Living Comparison Between Banja Luka and Podgorica 

Indices DifferenceInfo
Consumer Prices in Podgorica are 2.8% higher than in Banja Luka (without rent)
Consumer Prices Including Rent in Podgorica are 17.2% higher than in Banja Luka
Rent Prices in Podgorica are 103.2% higher than in Banja Luka
Restaurant Prices in Podgorica are 3.9% higher than in Banja Luka
Groceries Prices in Podgorica are 3.6% higher than in Banja Luka
Local Purchasing Power in Podgorica is 8.9% higher than in Banja Luka
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Banja Luka Edit Podgorica Edit Difference
Meal, Inexpensive Restaurant 15.00 KM
(7.67 €)
13.69 KM
(7.00 €)
     -8.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 67.50 KM
(34.53 €)
65.49 KM
(33.50 €)
     -3.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 KM
(4.60 €)
11.73 KM
(6.00 €)
     +30.3 %
Domestic Beer (1 pint draught) 3.00 KM
(1.53 €)
4.30 KM
(2.20 €)
     +43.4 %
Imported Beer (12 oz small bottle) 3.50 KM
(1.79 €)
5.47 KM
(2.80 €)
     +56.4 %
Cappuccino (regular) 2.60 KM
(1.33 €)
3.33 KM
(1.70 €)
     +28.2 %
Coke/Pepsi (12 oz small bottle) 2.98 KM
(1.53 €)
3.72 KM
(1.90 €)
     +24.6 %
Water (12 oz small bottle) 1.94 KM
(0.99 €)
2.65 KM
(1.36 €)
     +36.9 %
Markets
Banja Luka Edit Podgorica Edit
Milk (regular), (1 gallon) 8.55 KM
(4.37 €)
10.18 KM
(5.21 €)
     +19.1 %
Loaf of Fresh White Bread (1 lb) 1.75 KM
(0.90 €)
1.48 KM
(0.76 €)
     -15.4 %
Rice (white), (1 lb) 1.42 KM
(0.72 €)
1.75 KM
(0.90 €)
     +23.6 %
Eggs (regular) (12) 4.45 KM
(2.27 €)
5.43 KM
(2.78 €)
     +22.1 %
Local Cheese (1 lb) 6.74 KM
(3.45 €)
6.20 KM
(3.17 €)
     -8.0 %
Chicken Fillets (1 lb) 5.98 KM
(3.06 €)
6.19 KM
(3.16 €)
     +3.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.95 KM
(4.58 €)
8.68 KM
(4.44 €)
     -3.1 %
Apples (1 lb) 0.96 KM
(0.49 €)
0.99 KM
(0.51 €)
     +2.6 %
Banana (1 lb) 1.27 KM
(0.65 €)
1.46 KM
(0.75 €)
     +15.0 %
Oranges (1 lb) 1.39 KM
(0.71 €)
1.10 KM
(0.56 €)
     -20.8 %
Tomato (1 lb) 1.39 KM
(0.71 €)
1.97 KM
(1.01 €)
     +42.4 %
Potato (1 lb) 0.86 KM
(0.44 €)
0.78 KM
(0.40 €)
     -8.8 %
Onion (1 lb) 0.88 KM
(0.45 €)
0.99 KM
(0.51 €)
     +12.2 %
Lettuce (1 head) 2.57 KM
(1.32 €)
2.03 KM
(1.04 €)
     -20.9 %
Water (1.5 liter bottle) 1.09 KM
(0.56 €)
1.32 KM
(0.67 €)
     +20.5 %
Bottle of Wine (Mid-Range) 10.00 KM
(5.11 €)
9.78 KM
(5.00 €)
     -2.2 %
Domestic Beer (0.5 liter bottle) 1.07 KM
(0.55 €)
1.84 KM
(0.94 €)
     +72.4 %
Imported Beer (12 oz small bottle) 1.96 KM
(1.00 €)
2.73 KM
(1.39 €)
     +38.9 %
Cigarettes 20 Pack (Marlboro) 6.10 KM
(3.12 €)
7.04 KM
(3.60 €)
     +15.4 %
Transportation
Banja Luka Edit Podgorica Edit
One-way Ticket (Local Transport) 2.30 KM
(1.18 €)
1.76 KM
(0.90 €)
     -23.5 %
Monthly Pass (Regular Price) 57.00 KM
(29.15 €)
58.65 KM
(30.00 €)
     +2.9 %
Taxi Start (Normal Tariff) 2.50 KM
(1.28 €)
1.17 KM
(0.60 €)
     -53.1 %
Taxi 1 mile (Normal Tariff) 2.90 KM
(1.48 €)
1.89 KM
(0.97 €)
     -34.8 %
Taxi 1hour Waiting (Normal Tariff) 15.00 KM
(7.67 €)
18.57 KM
(9.50 €)
     +23.8 %
Gasoline (1 gallon) 10.45 KM
(5.35 €)
11.01 KM
(5.63 €)
     +5.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 45,000.00 KM
(23,017.03 €)
48,876.85 KM
(25,000.00 €)
     +8.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 41,112.50 KM
(21,028.62 €)
59,955.60 KM
(30,666.67 €)
     +45.8 %
Utilities (Monthly)
Banja Luka Edit Podgorica Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 331.32 KM
(169.47 €)
196.47 KM
(100.49 €)
     -40.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 33.00 KM
(16.88 €)
33.77 KM
(17.27 €)
     +2.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 39.45 KM
(20.18 €)
51.19 KM
(26.18 €)
     +29.7 %
Sports And Leisure
Banja Luka Edit Podgorica Edit
Fitness Club, Monthly Fee for 1 Adult 45.38 KM
(23.21 €)
68.43 KM
(35.00 €)
     +50.8 %
Tennis Court Rent (1 Hour on Weekend) 26.71 KM
(13.66 €)
30.96 KM
(15.83 €)
     +15.9 %
Cinema, International Release, 1 Seat 7.00 KM
(3.58 €)
9.78 KM
(5.00 €)
     +39.6 %
Childcare
Banja Luka Edit Podgorica Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 284.00 KM
(145.26 €)
385.15 KM
(197.00 €)
     +35.6 %
International Primary School, Yearly for 1 Child 3,214.29 KM
(1,644.07 €)
12,463.60 KM
(6,375.00 €)
     +287.8 %
Clothing And Shoes
Banja Luka Edit Podgorica Edit
1 Pair of Jeans (Levis 501 Or Similar) 147.50 KM
(75.44 €)
130.75 KM
(66.88 €)
     -11.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 63.12 KM
(32.29 €)
65.49 KM
(33.50 €)
     +3.8 %
1 Pair of Nike Running Shoes (Mid-Range) 143.18 KM
(73.24 €)
169.90 KM
(86.90 €)
     +18.7 %
1 Pair of Men Leather Business Shoes 194.44 KM
(99.46 €)
185.73 KM
(95.00 €)
     -4.5 %
Rent Per Month
Banja Luka Edit Podgorica Edit
Apartment (1 bedroom) in City Centre 561.54 KM
(287.22 €)
1,029.15 KM
(526.40 €)
     +83.3 %
Apartment (1 bedroom) Outside of Centre 415.38 KM
(212.46 €)
794.78 KM
(406.52 €)
     +91.3 %
Apartment (3 bedrooms) in City Centre 872.22 KM
(446.13 €)
1,859.99 KM
(951.36 €)
     +113.2 %
Apartment (3 bedrooms) Outside of Centre 633.33 KM
(323.94 €)
1,360.73 KM
(696.00 €)
     +114.9 %
Buy Apartment Price
Banja Luka Edit Podgorica Edit
Price per Square Feet to Buy Apartment in City Centre 387.26 KM
(198.08 €)
361.56 KM
(184.93 €)
     -6.6 %
Price per Square Feet to Buy Apartment Outside of Centre 275.28 KM
(140.80 €)
277.55 KM
(141.97 €)
     +0.8 %
Salaries And Financing
Banja Luka Edit Podgorica Edit
Average Monthly Net Salary (After Tax) 1,201.85 KM
(614.73 €)
1,534.17 KM
(784.71 €)
     +27.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.51 6.17      +36.8 %
Last update: April 2024April 2024
Contributors in the past 12 months:5897