One of the most wonderful things about traveling in Bosnia and Herzegovina is that it remains one of Europe’s most affordable destinations. Here, your travel budget stretches further, allowing for richer experiences without breaking the bank. Whether you are a backpacker counting every penny or seeking a comfortable holiday, BiH offers incredible value. This guide will break down typical costs to help you plan your budget.
Currency and Payments
The official currency is the Bosnian Convertible Mark (BAM or KM). It has a fixed exchange rate to the Euro: €1 is always equal to 1.95583 BAM.
- Using Euros: While BAM is the official currency, Euros are widely accepted for larger payments like accommodation, tours, and sometimes in restaurants in tourist-heavy areas. However, you will always receive change in BAM. It is best to have local currency for smaller purchases like coffee, bakeries, and market stalls.
- Cards & ATMs: ATMs are widely available in all cities and towns, and they are the easiest way to get local currency. Credit and debit cards are accepted in larger hotels, supermarkets, and more modern restaurants, but cash is still king in smaller, traditional establishments.
Suggested Daily Budgets (per person)
- Budget Traveler: €30 – €45 per day. This covers a bed in a hostel dorm, meals from bakeries (pekare) and traditional canteens (aščinica), and enjoying the many free sights.
- Mid-Range Traveler: €60 – €90 per day. This will get you a private apartment (apartman), meals in good local restaurants, museum entrance fees, and a coffee or two in a nice cafe.
- Higher-End Traveler: €150+ per day. This covers boutique hotels, dinners at top-rated restaurants, private tours, and other curated experiences.
A Breakdown of Common Costs
- Accommodation:
- Hostel Dorm Bed: €10 – €15
- Private Room/Apartment: €25 – €50
- Mid-Range Hotel: €60 – €100
- Food & Drink:
- Ćevapi (full portion): €4 – €6
- Burek/Pita: €1.50 – €2.50
- Bosnian Coffee in a Cafe: €1 – €1.50
- Local Beer (0.5L): €1.50 – €2.50
- Dinner for two in a mid-range restaurant: €25 – €40
- Transport:
- City Tram/Bus Ticket: Approx. €0.80
- Intercity Bus (e.g., Sarajevo to Mostar): €10 – €15
- Van Rental: A 9-seater van, when split between a group of 4-6 people, often works out to be more affordable per person than taking public transport, with infinitely more freedom.
- Activities:
- Museum Entrance Fee: €3 – €6
- Una or Kravice National Park Entrance: €5 – €10
- Guided Rafting Trip: €30 – €50 per person
Top Money-Saving Tips
- Eat at aščinicas: These traditional canteens serve delicious, home-style Bosnian food at very low prices. You simply point at what you want.
- Drink the Tap Water: The tap water in Sarajevo and most other cities is perfectly safe and of excellent quality. Bring a reusable water bottle.
- Enjoy the Free Sights: Wandering through Baščaršija, crossing Stari Most, and hiking in the mountains are all free and unforgettable experiences.
With smart planning, your trip to Bosnia and Herzegovina can be both incredible and incredibly affordable. Get a quote for a van rental and see how much value you can get on your transport.
