Cost of Living Comparison Between Podgorica and Banja Luka 

Indices DifferenceInfo
Consumer Prices in Banja Luka are 2.9% lower than in Podgorica (without rent)
Consumer Prices Including Rent in Banja Luka are 14.8% lower than in Podgorica
Rent Prices in Banja Luka are 50.8% lower than in Podgorica
Restaurant Prices in Banja Luka are 3.7% lower than in Podgorica
Groceries Prices in Banja Luka are 3.5% lower than in Podgorica
Local Purchasing Power in Banja Luka is 8.9% lower than in Podgorica
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Podgorica Edit Banja Luka Edit Difference
Meal, Inexpensive Restaurant 7.00 €
(13.69 KM)
7.67 €
(15.00 KM)
     +9.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 33.50 €
(65.52 KM)
34.51 €
(67.50 KM)
     +3.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.00 €
(11.73 KM)
4.60 €
(9.00 KM)
     -23.3 %
Domestic Beer (1 pint draught) 2.20 €
(4.30 KM)
1.53 €
(3.00 KM)
     -30.3 %
Imported Beer (12 oz small bottle) 2.90 €
(5.67 KM)
1.79 €
(3.50 KM)
     -38.3 %
Cappuccino (regular) 1.71 €
(3.35 KM)
1.33 €
(2.60 KM)
     -22.4 %
Coke/Pepsi (12 oz small bottle) 1.86 €
(3.64 KM)
1.52 €
(2.98 KM)
     -18.0 %
Water (12 oz small bottle) 1.28 €
(2.50 KM)
0.99 €
(1.94 KM)
     -22.7 %
Markets
Podgorica Edit Banja Luka Edit
Milk (regular), (1 gallon) 5.17 €
(10.11 KM)
4.37 €
(8.55 KM)
     -15.4 %
Loaf of Fresh White Bread (1 lb) 0.76 €
(1.48 KM)
0.90 €
(1.75 KM)
     +18.1 %
Rice (white), (1 lb) 0.90 €
(1.75 KM)
0.72 €
(1.42 KM)
     -19.1 %
Eggs (regular) (12) 2.76 €
(5.39 KM)
2.26 €
(4.43 KM)
     -17.9 %
Local Cheese (1 lb) 3.17 €
(6.20 KM)
3.44 €
(6.74 KM)
     +8.7 %
Chicken Fillets (1 lb) 3.16 €
(6.19 KM)
2.99 €
(5.85 KM)
     -5.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.44 €
(8.68 KM)
4.58 €
(8.95 KM)
     +3.1 %
Apples (1 lb) 0.51 €
(0.99 KM)
0.50 €
(0.98 KM)
     -0.9 %
Banana (1 lb) 0.75 €
(1.47 KM)
0.66 €
(1.29 KM)
     -12.4 %
Oranges (1 lb) 0.56 €
(1.10 KM)
0.71 €
(1.39 KM)
     +26.2 %
Tomato (1 lb) 1.01 €
(1.97 KM)
0.71 €
(1.39 KM)
     -29.8 %
Potato (1 lb) 0.40 €
(0.78 KM)
0.44 €
(0.86 KM)
     +9.6 %
Onion (1 lb) 0.51 €
(0.99 KM)
0.45 €
(0.88 KM)
     -10.9 %
Lettuce (1 head) 1.04 €
(2.03 KM)
1.31 €
(2.57 KM)
     +26.4 %
Water (1.5 liter bottle) 0.67 €
(1.32 KM)
0.57 €
(1.11 KM)
     -15.7 %
Bottle of Wine (Mid-Range) 5.00 €
(9.78 KM)
5.11 €
(10.00 KM)
     +2.3 %
Domestic Beer (0.5 liter bottle) 0.95 €
(1.86 KM)
0.55 €
(1.07 KM)
     -42.2 %
Imported Beer (12 oz small bottle) 1.39 €
(2.73 KM)
1.00 €
(1.96 KM)
     -28.0 %
Cigarettes 20 Pack (Marlboro) 3.60 €
(7.04 KM)
3.17 €
(6.20 KM)
     -11.9 %
Transportation
Podgorica Edit Banja Luka Edit
One-way Ticket (Local Transport) 0.90 €
(1.76 KM)
1.18 €
(2.30 KM)
     +30.7 %
Monthly Pass (Regular Price) 30.00 €
(58.67 KM)
29.14 €
(57.00 KM)
     -2.9 %
Taxi Start (Normal Tariff) 0.60 €
(1.17 KM)
1.28 €
(2.50 KM)
     +113.0 %
Taxi 1 mile (Normal Tariff) 0.97 €
(1.89 KM)
1.48 €
(2.90 KM)
     +53.4 %
Taxi 1hour Waiting (Normal Tariff) 10.00 €
(19.56 KM)
7.67 €
(15.00 KM)
     -23.3 %
Gasoline (1 gallon) 5.63 €
(11.01 KM)
5.35 €
(10.45 KM)
     -5.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 €
(48,894.87 KM)
23,008.55 €
(45,000.00 KM)
     -8.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,666.67 €
(59,977.71 KM)
21,020.86 €
(41,112.50 KM)
     -31.5 %
Utilities (Monthly)
Podgorica Edit Banja Luka Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 100.49 €
(196.54 KM)
166.76 €
(326.16 KM)
     +66.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.27 €
(33.79 KM)
16.87 €
(33.00 KM)
     -2.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.18 €
(51.20 KM)
20.14 €
(39.39 KM)
     -23.1 %
Sports And Leisure
Podgorica Edit Banja Luka Edit
Fitness Club, Monthly Fee for 1 Adult 35.00 €
(68.45 KM)
23.43 €
(45.83 KM)
     -33.0 %
Tennis Court Rent (1 Hour on Weekend) 15.83 €
(30.97 KM)
13.66 €
(26.71 KM)
     -13.7 %
Cinema, International Release, 1 Seat 5.00 €
(9.78 KM)
3.58 €
(7.00 KM)
     -28.4 %
Childcare
Podgorica Edit Banja Luka Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 197.00 €
(385.29 KM)
148.28 €
(290.00 KM)
     -24.7 %
International Primary School, Yearly for 1 Child 6,375.00 €
(12,468.19 KM)
1,643.47 €
(3,214.29 KM)
     -74.2 %
Clothing And Shoes
Podgorica Edit Banja Luka Edit
1 Pair of Jeans (Levis 501 Or Similar) 66.88 €
(130.79 KM)
75.42 €
(147.50 KM)
     +12.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.50 €
(65.52 KM)
32.28 €
(63.12 KM)
     -3.7 %
1 Pair of Nike Running Shoes (Mid-Range) 86.90 €
(169.96 KM)
73.21 €
(143.18 KM)
     -15.8 %
1 Pair of Men Leather Business Shoes 95.00 €
(185.80 KM)
99.42 €
(194.44 KM)
     +4.7 %
Rent Per Month
Podgorica Edit Banja Luka Edit
Apartment (1 bedroom) in City Centre 526.40 €
(1,029.53 KM)
287.61 €
(562.50 KM)
     -45.4 %
Apartment (1 bedroom) Outside of Centre 411.36 €
(804.54 KM)
213.04 €
(416.67 KM)
     -48.2 %
Apartment (3 bedrooms) in City Centre 951.36 €
(1,860.67 KM)
445.97 €
(872.22 KM)
     -53.1 %
Apartment (3 bedrooms) Outside of Centre 696.00 €
(1,361.23 KM)
323.82 €
(633.33 KM)
     -53.5 %
Buy Apartment Price
Podgorica Edit Banja Luka Edit
Price per Square Feet to Buy Apartment in City Centre 184.93 €
(361.69 KM)
197.13 €
(385.54 KM)
     +6.6 %
Price per Square Feet to Buy Apartment Outside of Centre 141.97 €
(277.66 KM)
139.34 €
(272.51 KM)
     -1.9 %
Salaries And Financing
Podgorica Edit Banja Luka Edit
Average Monthly Net Salary (After Tax) 791.86 €
(1,548.71 KM)
614.51 €
(1,201.85 KM)
     -22.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.12 4.51      -26.3 %
Last update: May 2024April 2024
Contributors in the past 12 months:9858