EUROCOSTSCOUNTRY COMPARISON · UPDATED 2026-07-15
Bosnia and Herzegovina vs Cyprus: taxes, salary and cost of living
Bosnia and Herzegovina and Cyprus present two different cost profiles: the first question is whether the salary gap compensates for housing and daily expenses.
Bosnia and Herzegovina vs Cyprus at a glance
| Indicator | Bosnia and Herzegovina | Cyprus |
|---|---|---|
| Standard VAT | 17% | 19% |
| Income tax | 10% FBiH / 8% RS | 0-35% |
| Social contributions | 31% FBiH / ~32.8% RS / ~24% Brcko | ~20.5% total employee + employer |
| Tax burden | ~35% | ~29% |
| Average monthly salary | 1,339 € gross/month | 2,350 € gross/month |
| Studio rent | €301 | €850 |
| Monthly food estimate | €220 | €300 |
| Gasoline | 1.33 €/L | 1.49 €/L |
| Electricity | 0.13 €/kWh | 0.27 €/kWh |
Salary advantage and purchasing power
The salary records for Bosnia and Herzegovina and Cyprus are not directly numeric in both cases. A responsible comparison therefore avoids inventing a salary gap and treats the displayed labels as source notes to verify.
Housing pressure and everyday spending
Bosnia and Herzegovina has the lower listed studio rent by €549, a 64.6% difference relative to the higher rent. Bosnia and Herzegovina sits 2 of 37 and Cyprus 24 of 37 in the available low-to-high rent ranking. Bosnia and Herzegovina also has the lower food estimate, so the housing result is reinforced by groceries.
A simplified salary-minus-rent-and-food remainder cannot be calculated reliably for both Bosnia and Herzegovina and Cyprus because at least one component is non-numeric. The interactive calculator should be used only after verifying those inputs.
VAT and personal tax context
Tax-burden values include a range or text note for at least one country. The standard VAT comparison—17% in Bosnia and Herzegovina and 19% in Cyprus—is more directly comparable, although reduced rates differ by product.
Driving and mobility costs
Bosnia and Herzegovina has the lower listed gasoline price by €0.16 per litre. For a driver buying 50 litres a month, that headline difference is about €8 monthly, before insurance, parking and road charges.
Choosing by relocation scenario
For Bosnia and Herzegovina and Cyprus, short stays are influenced heavily by rent and restaurant prices; permanent relocation adds payroll, healthcare and administrative costs. These figures work best as a shortlist, not a final decision model.
Where the comparison lands
Bosnia and Herzegovina leads Cyprus on more of the comparable numeric indicators used in this Bosnia and Herzegovina–Cyprus summary. This is a directional result, not a personal financial recommendation.
Sources and data references
- PwC standard VAT rates
- PwC personal income tax rates
- PwC corporate income tax rates
- EuroCosts data scope and generation process
Explore Bosnia and Herzegovina comparisons · Explore Cyprus comparisons