Cost of Living in Banja Luka vs Palermo

Cost of living in Banja Luka is 35% lower than in Palermo (without rent).

Rent in Banja Luka is 32% cheaper than in Palermo.

Cost of living including rent in Banja Luka is 34% lower than in Palermo.

Food in Banja Luka is 30% cheaper than in Palermo.

Transport in Banja Luka is 60% cheaper than in Palermo.

Banja Luka vs. Palermo Comparision

Banja Luka Palermo
Cost of Living, including rent
802 $
1,211 $
Without Rent
434 $
672 $
Rent & Utilities
368 $
539 $
Food
303 $
434 $
Transport
45 $
114 $
Monthly Salary, after tax
723 $
1,406 $
Quality of Life
53
75
Population
185.0K
630.0K

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Banja Luka Palermo

Restaurants

Lunch menu,
inexpensive restaurant
8.52 $ 11.5 $
Dinner, for 2 39.8 $ 46.9 $
Fast food, McDonalds or KFC 5.47 $ 10 $
Beer, 0.5 L or 16 fl oz 1.71 $ 5.35 $
Capuccino 1.47 $ 1.93 $
Coke, 330ml 1.72 $ 2 $

Markets

Milk, 1 L or 1 qt 1.37 $ 1.3 $
Bread, 0.5 kg or 1 lb 1.14 $ 1.58 $
Rice, 1 kg or 2 lb 1.68 $ 2.08 $
Eggs, 12 pack 2.64 $ 3.18 $
Cheese, 1 kg or 2 lb 9.03 $ 11.8 $
Chicken Breast, 1 kg or 2 lb 7.41 $ 10.8 $
Round Steak, 1 kg or 2 lb 11.3 $ 16.7 $
Apples, 1 kg or 2 lb 1.28 $ 2.39 $
Banana, 1 kg or 2 lb 1.69 $ 2.39 $
Oranges, 1 kg or 2 lb 1.78 $ 2.62 $
Potatoes, 1 kg or 2 lb 1.09 $ 1.52 $
Onions, 1 kg or 2 lb 1.21 $ 1.18 $
Water, 1 L or 1 qt 0.43 $ 0.26 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.41 $ 2.5 $
Wine, 750 mL bottle 5.66 $ 7.93 $
Beer, 0.5 L or 16 fl oz 0.67 $ 2.5 $
Cigarette pack 3.57 $ 5.96 $

Transport

Local transport ticket, One-way Ticket 1.3 $ 1.56 $
Monthly pass, Monthly Ticket 32.4 $ 39 $
Gas or petrol, 1 L or 0.26 gal 1.54 $ 1.97 $
Taxi, 8 km 10.4 $ 18.6 $

Personal Care

Doctor visit, private clinic 20.8 $ 74 $
Cold medicine, for 1 week 6.1 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 3.02 $ 3 $
Toilet paper, 4 rolls 0.92 $ 1.95 $
Toothpaste, 1 tube 1.25 $ 1.9 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
101 $ 113 $
Utility bill - family,
electricity, heating, water & garbage
155 $ 173 $
Internet plan,
+60 Mbps
22.1 $ 26.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 226 $ 361 $
3 Bedroom Apartment, outside of center, 85 sq.m 371 $ 680 $
1 Bedroom Apartment, in city center, 40 sq.m 319 $ 558 $
3 Bedroom Apartment, in city center, 85 sq.m 524 $ 869 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,493 $ 2,248 $
Price per Square Meter to Buy House, in suburbs 1,784 $ 1,066 $

Salaries and Financing

Average Monthly Net Salary, after tax 723 $ 1,406 $
Mortgage Interest Rate, for 20 years fixed-rate 4.7 % 4.71 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 27.7 $ 44.7 $
Cinema, 1 seat 4.59 $ 8.69 $
Haircut 3.76 $ 10.5 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 93.7 $ 90.5 $
Brand Jeans, Levis 501 96.4 $ 75.5 $

Childcare

Preschool, full day, monthly for 1 child 193 $ 314 $
International Primary School, yearly for 1 child 2,779 $ 7,103 $