Cost of Living Comparison Between Munich and Banja Luka 

Indices DifferenceInfo
Consumer Prices in Banja Luka are 43.0% lower than in Munich (without rent)
Consumer Prices Including Rent in Banja Luka are 56.7% lower than in Munich
Rent Prices in Banja Luka are 82.2% lower than in Munich
Restaurant Prices in Banja Luka are 53.7% lower than in Munich
Groceries Prices in Banja Luka are 41.7% lower than in Munich
Local Purchasing Power in Banja Luka is 59.4% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Banja Luka Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(29.34 KM)
7.67 €
(15.00 KM)
     -48.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(146.72 KM)
34.50 €
(67.50 KM)
     -54.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(19.56 KM)
4.60 €
(9.00 KM)
     -54.0 %
Domestic Beer (1 pint draught) 4.50 €
(8.80 KM)
1.53 €
(3.00 KM)
     -65.9 %
Imported Beer (12 oz small bottle) 4.50 €
(8.80 KM)
1.79 €
(3.50 KM)
     -60.2 %
Cappuccino (regular) 3.71 €
(7.26 KM)
1.33 €
(2.60 KM)
     -64.2 %
Coke/Pepsi (12 oz small bottle) 3.08 €
(6.03 KM)
1.52 €
(2.98 KM)
     -50.6 %
Water (12 oz small bottle) 2.60 €
(5.09 KM)
0.99 €
(1.94 KM)
     -62.0 %
Markets
Munich Edit Banja Luka Edit
Milk (regular), (1 gallon) 4.38 €
(8.57 KM)
4.37 €
(8.55 KM)
     -0.2 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(4.12 KM)
0.90 €
(1.75 KM)
     -57.5 %
Rice (white), (1 lb) 1.20 €
(2.35 KM)
0.72 €
(1.42 KM)
     -39.7 %
Eggs (regular) (12) 3.16 €
(6.19 KM)
2.26 €
(4.43 KM)
     -28.5 %
Local Cheese (1 lb) 5.82 €
(11.39 KM)
3.44 €
(6.74 KM)
     -40.9 %
Chicken Fillets (1 lb) 5.70 €
(11.14 KM)
2.99 €
(5.85 KM)
     -47.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 €
(14.31 KM)
4.57 €
(8.95 KM)
     -37.4 %
Apples (1 lb) 1.23 €
(2.41 KM)
0.50 €
(0.98 KM)
     -59.3 %
Banana (1 lb) 0.70 €
(1.37 KM)
0.66 €
(1.29 KM)
     -6.1 %
Oranges (1 lb) 1.04 €
(2.04 KM)
0.71 €
(1.39 KM)
     -31.8 %
Tomato (1 lb) 1.40 €
(2.74 KM)
0.71 €
(1.39 KM)
     -49.4 %
Potato (1 lb) 0.74 €
(1.44 KM)
0.44 €
(0.86 KM)
     -40.4 %
Onion (1 lb) 0.79 €
(1.54 KM)
0.45 €
(0.88 KM)
     -42.8 %
Lettuce (1 head) 1.80 €
(3.52 KM)
1.31 €
(2.57 KM)
     -27.0 %
Water (1.5 liter bottle) 0.86 €
(1.68 KM)
0.57 €
(1.11 KM)
     -34.2 %
Bottle of Wine (Mid-Range) 5.99 €
(11.72 KM)
5.11 €
(10.00 KM)
     -14.7 %
Domestic Beer (0.5 liter bottle) 0.95 €
(1.85 KM)
0.55 €
(1.07 KM)
     -42.1 %
Imported Beer (12 oz small bottle) 1.60 €
(3.12 KM)
1.00 €
(1.96 KM)
     -37.2 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(16.04 KM)
3.17 €
(6.20 KM)
     -61.4 %
Transportation
Munich Edit Banja Luka Edit
One-way Ticket (Local Transport) 3.70 €
(7.24 KM)
1.18 €
(2.30 KM)
     -68.2 %
Monthly Pass (Regular Price) 49.00 €
(95.86 KM)
29.14 €
(57.00 KM)
     -40.5 %
Taxi Start (Normal Tariff) 5.50 €
(10.76 KM)
1.28 €
(2.50 KM)
     -76.8 %
Taxi 1 mile (Normal Tariff) 3.70 €
(7.24 KM)
1.48 €
(2.90 KM)
     -60.0 %
Taxi 1hour Waiting (Normal Tariff) 36.00 €
(70.43 KM)
7.67 €
(15.00 KM)
     -78.7 %
Gasoline (1 gallon) 6.92 €
(13.53 KM)
5.34 €
(10.45 KM)
     -22.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(53,172.72 KM)
23,002.40 €
(45,000.00 KM)
     -15.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(54,043.28 KM)
21,015.25 €
(41,112.50 KM)
     -23.9 %
Utilities (Monthly)
Munich Edit Banja Luka Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 283.00 €
(553.63 KM)
166.72 €
(326.16 KM)
     -41.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.14 €
(39.40 KM)
16.87 €
(33.00 KM)
     -16.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.26 €
(72.90 KM)
20.14 €
(39.39 KM)
     -46.0 %
Sports And Leisure
Munich Edit Banja Luka Edit
Fitness Club, Monthly Fee for 1 Adult 43.52 €
(85.15 KM)
23.43 €
(45.83 KM)
     -46.2 %
Tennis Court Rent (1 Hour on Weekend) 26.19 €
(51.23 KM)
13.66 €
(26.71 KM)
     -47.9 %
Cinema, International Release, 1 Seat 13.00 €
(25.43 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 €
(1,638.24 KM)
148.24 €
(290.00 KM)
     -82.3 %
International Primary School, Yearly for 1 Child 14,575.00 €
(28,513.33 KM)
1,643.03 €
(3,214.29 KM)
     -88.7 %
Clothing And Shoes
Munich Edit Banja Luka Edit
1 Pair of Jeans (Levis 501 Or Similar) 83.42 €
(163.19 KM)
75.40 €
(147.50 KM)
     -9.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.18 €
(62.95 KM)
32.27 €
(63.12 KM)
     +0.3 %
1 Pair of Nike Running Shoes (Mid-Range) 83.48 €
(163.32 KM)
73.19 €
(143.18 KM)
     -12.3 %
1 Pair of Men Leather Business Shoes 110.78 €
(216.73 KM)
99.39 €
(194.44 KM)
     -10.3 %
Rent Per Month
Munich Edit Banja Luka Edit
Apartment (1 bedroom) in City Centre 1,462.58 €
(2,861.27 KM)
287.53 €
(562.50 KM)
     -80.3 %
Apartment (1 bedroom) Outside of Centre 1,147.21 €
(2,244.31 KM)
212.99 €
(416.67 KM)
     -81.4 %
Apartment (3 bedrooms) in City Centre 2,510.23 €
(4,910.81 KM)
445.85 €
(872.22 KM)
     -82.2 %
Apartment (3 bedrooms) Outside of Centre 2,027.03 €
(3,965.51 KM)
323.74 €
(633.33 KM)
     -84.0 %
Buy Apartment Price
Munich Edit Banja Luka Edit
Price per Square Feet to Buy Apartment in City Centre 947.64 €
(1,853.88 KM)
197.08 €
(385.54 KM)
     -79.2 %
Price per Square Feet to Buy Apartment Outside of Centre 698.05 €
(1,365.60 KM)
139.30 €
(272.51 KM)
     -80.0 %
Salaries And Financing
Munich Edit Banja Luka Edit
Average Monthly Net Salary (After Tax) 3,493.00 €
(6,833.42 KM)
614.34 €
(1,201.85 KM)
     -82.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 4.51      +32.6 %
Last update: May 2024April 2024
Contributors in the past 12 months:43558