Cost of Living in Bosnia & Herzegovina
Last updated on May 28, 2023
Summary: The cost of living in Bosnia & Herzegovina is generally quite affordable. A nice 1 bedroom apartment can cost anywhere from $200 to $400 per month, while a nice 2 bedroom apartment can cost from $400 to $600 per month. The cost of dinner at a moderately priced restaurant is usually around $10 to $15 per person.
Is the cost of living in Bosnia & Herzegovina high?
We asked people how much they someone comfortably live on in Bosnia & Herzegovina, they wrote:
"The cost of living in Bosnia & Herzegovina is generally considered to be quite affordable. Groceries, transportation, and utilities are all relatively inexpensive, while rent and dining out can be more expensive. Prices for goods and services vary depending on the region, with larger cities typically being more expensive than smaller towns," said one person in Bosnia & Herzegovina.
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Will I save money living in Bosnia & Herzegovina?
"Living in Bosnia & Herzegovina can be significantly cheaper than living in the United States. The cost of living in Bosnia & Herzegovina is much lower than in the United States, with rent, groceries, and other everyday expenses costing significantly less. Additionally, the average salary in Bosnia & Herzegovina is lower than in the United States, meaning that even with the lower cost of living, you can still save money," explained one expat living in Bosnia & Herzegovina.
What is the average cost of housing in Bosnia & Herzegovina?
If you are thinking about moving to Bosnia & Herzegovina, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Bosnia & Herzegovina varies depending on the location and type of property. Generally, the cost of renting an apartment in the capital city of Sarajevo is relatively affordable, with prices ranging from around €200 to €500 per month. Outside of the capital, prices tend to be lower, with some rural areas offering apartments for as little as €100 per month. Buying a property in Bosnia & Herzegovina is also relatively affordable, with prices ranging from around €50,000 to €100,000 for a two-bedroom apartment," explained one expat living in Bosnia & Herzegovina.
What are typical rental prices for expats in Bosnia & Herzegovina?
"The rental price for a nice 1 bedroom apartment in Bosnia & Herzegovina can vary depending on the location, but generally ranges from around $400 to $800 per month. For a nice 2 bedroom apartment, the rental price can range from around $500 to $1,200 per month," mentioned one expat in Bosnia & Herzegovina.
What appliances are typically included in a rental?
We asked foreigners in Bosnia & Herzegovina what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Bosnia & Herzegovina, rental properties typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a dishwasher, microwave, and air conditioning unit," commented one expat who moved to Bosnia & Herzegovina.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Additional Information:
- Bosnia & Herzegovina Guide
- Healthcare & Health Insurance in Bosnia & Herzegovina
- Members Talk about Healthcare & Health Insurance in Bosnia & Herzegovina
- Best Places to Live in Bosnia & Herzegovina
- Guide to Real Estate in Bosnia & Herzegovina
- Pros & Cons of Living in Bosnia & Herzegovina
- Cost of Living in Bosnia & Herzegovina
- Pros and Cons of Living in Bosnia & Herzegovina 2024