Cost of Living in Banja Luka vs Akureyri

Cost of living in Banja Luka is 57% lower than in Akureyri (without rent).

Rent in Banja Luka is 72% cheaper than in Akureyri.

Cost of living including rent in Banja Luka is 65% lower than in Akureyri.

Food in Banja Luka is 58% cheaper than in Akureyri.

Transport in Banja Luka is 46% cheaper than in Akureyri.

Banja Luka vs. Akureyri Comparision

Banja Luka Akureyri
Cost of Living, including rent
802 $
2,300 $
Without Rent
434 $
1,007 $
Rent & Utilities
368 $
1,293 $
Food
303 $
717 $
Transport
45 $
83 $
Monthly Salary, after tax
723 $
3,866 $
Quality of Life
53
63
Population
185.0K
19.9K

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Banja Luka Akureyri

Restaurants

Lunch menu,
inexpensive restaurant
8.52 $ 22 $
Dinner, for 2 39.8 $ 118 $
Fast food, McDonalds or KFC 5.47 $ 18.4 $
Beer, 0.5 L or 16 fl oz 1.71 $ 9.69 $
Capuccino 1.47 $ 4.12 $
Coke, 330ml 1.72 $ 2.85 $

Markets

Milk, 1 L or 1 qt 1.37 $ 1.73 $
Bread, 0.5 kg or 1 lb 1.14 $ 3.01 $
Rice, 1 kg or 2 lb 1.68 $ 2.21 $
Eggs, 12 pack 2.64 $ 4.59 $
Cheese, 1 kg or 2 lb 9.03 $ 9.88 $
Chicken Breast, 1 kg or 2 lb 7.41 $ 15.5 $
Round Steak, 1 kg or 2 lb 11.3 $ 26 $
Apples, 1 kg or 2 lb 1.28 $ 1.84 $
Banana, 1 kg or 2 lb 1.69 $ 2.81 $
Oranges, 1 kg or 2 lb 1.78 $ 2.64 $
Potatoes, 1 kg or 2 lb 1.09 $ 1.33 $
Onions, 1 kg or 2 lb 1.21 $ 1.59 $
Water, 1 L or 1 qt 0.43 $ 1.23 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.41 $ 2.74 $
Wine, 750 mL bottle 5.66 $ 20 $
Beer, 0.5 L or 16 fl oz 0.67 $ 3.28 $
Cigarette pack 3.57 $ 11.2 $

Transport

Local transport ticket, One-way Ticket 1.3 $ 4.33 $
Monthly pass, Monthly Ticket 32.4 $ 73.8 $
Gas or petrol, 1 L or 0.26 gal 1.54 $ 2.22 $
Taxi, 8 km 10.4 $ 24.9 $

Personal Care

Doctor visit, private clinic 20.8 $ 83.2 $
Cold medicine, for 1 week 6.1 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.02 $ 5.34 $
Toilet paper, 4 rolls 0.92 $ 4.78 $
Toothpaste, 1 tube 1.25 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
101 $ 83 $
Utility bill - family,
electricity, heating, water & garbage
155 $ 126 $
Internet plan,
+60 Mbps
22.1 $ 95.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 226 $ 1,090 $
3 Bedroom Apartment, outside of center, 85 sq.m 371 $ 1,746 $
1 Bedroom Apartment, in city center, 40 sq.m 319 $ 1,208 $
3 Bedroom Apartment, in city center, 85 sq.m 524 $ 2,019 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,493 $ 4,445 $
Price per Square Meter to Buy House, in suburbs 1,784 $ 4,283 $

Salaries and Financing

Average Monthly Net Salary, after tax 723 $ 3,866 $
Mortgage Interest Rate, for 20 years fixed-rate 4.7 % 5.93 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 27.7 $ 56 $
Cinema, 1 seat 4.59 $ 14 $
Haircut 3.76 $ 46.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 93.7 $ 142 $
Brand Jeans, Levis 501 96.4 $ 125 $

Childcare

Preschool, full day, monthly for 1 child 193 $ 297 $
International Primary School, yearly for 1 child 2,779 $ 6,208 $