Updated:
If you've ever considered moving to Serbia, one of the first questions that likely crossed your mind is, "What is the cost of living in Serbia?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Serbia and whether the reported $1081 per month figure aligns with the average monthly salary of $519.71.
Restaurants |
Price |
World Range |
---|---|---|
Meal, Inexpensive Restaurant |
5.7 $ |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
23.88 $ |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.89 $ |
|
Domestic Beer (1 pint draught) |
1.63 $ |
|
Imported Beer (12 oz small bottle) |
2.04 $ |
|
Cappuccino (regular) |
1.38 $ |
|
Coke/Pepsi (12 oz small bottle) |
1.21 $ |
|
Water (12 oz small bottle) |
0.86 $ |
|
Markets |
Price |
World Range |
---|---|---|
Milk (regular), (1 gallon) |
0.85 $ |
|
Loaf of Fresh White Bread (1 lb) |
0.47 $ |
|
Rice (white), (1 lb) |
1.35 $ |
|
Eggs (regular) (12) |
1.76 $ |
|
Local Cheese (1 lb) |
5.3 $ |
|
Chicken Fillets (1 lb) |
5.19 $ |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.47 $ |
|
Apples (1 lb) |
0.8 $ |
|
Banana (1 lb) |
1.12 $ |
|
Oranges (1 lb) |
1.14 $ |
|
Tomato (1 lb) |
1.32 $ |
|
Potato (1 lb) |
0.66 $ |
|
Onion (1 lb) |
0.48 $ |
|
Lettuce (1 head) |
0.45 $ |
|
Water (1.5 liter bottle) |
0.45 $ |
|
Bottle of Wine (Mid-Range) |
4.07 $ |
|
Domestic Beer (0.5 liter bottle) |
0.61 $ |
|
Imported Beer (12 oz small bottle) |
0.96 $ |
|
Cigarettes 20 Pack (Marlboro) |
3.01 $ |
|
Transportation |
Price |
World Range |
---|---|---|
One-way Ticket (Local Transport) |
0.73 $ |
|
Monthly Pass (Regular Price) |
26.06 $ |
|
Taxi Start (Normal Tariff) |
1.38 $ |
|
Taxi 1 mile (Normal Tariff) |
0.57 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
4.78 $ |
|
Gasoline (1 gallon) |
1.44 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20358.84 $ |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
17907.55 $ |
|
Utilities (Monthly) |
Price |
World Range |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
123.7 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.09 $ |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
18.3 $ |
|
Sports And Leisure |
Price |
World Range |
---|---|---|
Fitness Club, Monthly Fee for 1 Adult |
23.71 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
7.81 $ |
|
Cinema, International Release, 1 Seat |
4.07 $ |
|
Childcare |
Price |
World Range |
---|---|---|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
180.08 $ |
|
International Primary School, Yearly for 1 Child |
4673.8 $ |
|
Clothing And Shoes |
Price |
World Range |
---|---|---|
1 Pair of Jeans (Levis 501 Or Similar) |
48.25 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
25.64 $ |
|
1 Pair of Nike Running Shoes (Mid-Range) |
74.9 $ |
|
1 Pair of Men Leather Business Shoes |
77.48 $ |
|
Rent Per Month |
Price |
World Range |
---|---|---|
Apartment (1 bedroom) in City Centre |
281.07 $ |
|
Apartment (1 bedroom) Outside of Centre |
195.5 $ |
|
Apartment (3 bedrooms) in City Centre |
485.52 $ |
|
Apartment (3 bedrooms) Outside of Centre |
340.32 $ |
|
Buy Apartment Price |
Price |
World Range |
---|---|---|
Price per Square Feet to Buy Apartment in City Centre |
1818.45 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1207.54 $ |
|
Salaries And Financing |
Price |
World Range |
---|---|---|
Average Monthly Net Salary (After Tax) |
519.71 $ |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
3.8 % |
|
The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 5.7 USD, while a three-course dinner for two at a mid-range restaurant generally costs 23.88 USD.
Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 0.85 USD, a loaf of bread 0.47 USD, and a dozen eggs approximately 1.76 USD.
Public transport is relatively affordable, with a single trip priced at about 0.73 USD and a monthly pass around 26.06 USD. If you plan to use public transit regularly, these passes offer great value.
For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 123.7 USD.
For those interested in fitness and leisure, a monthly gym membership averages around 23.71 USD, while an hour on a tennis court on weekends costs about 7.81 USD.
Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 180.08 USD. For international schooling options, annual tuition can reach approximately 4673.8 USD.
Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 48.25 USD, and mid-range Nike sneakers are priced around 74.9 USD.
Rental prices depend on location, with a one-bedroom apartment in the city center averaging 281.07 USD per month, while one outside the center costs around 195.5 USD.
If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 1818.45 USD, while in the suburbs, it's closer to 1207.54 USD.
The average monthly net salary here is about 519.71 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 3.8% annually.
Serbia
Serbia is generally very safe. It is ranked 31st of 162 on the list of the safest and most dangerous countries. Its people are very kind and happy to help, and tourists especially shouldn't encounter any bigger problems in Serbia.
Transportation in Serbia is overall safe. Just be on the lookout for pickpockets on public transportation, and double-check if the taximeter is on when you enter a taxi.
Pickpocketing and bag snatching are the most common form of street crime in Belgrade, so if you do encounter any problems it will probably be pickpocketing that mostly happens in public transportation. Be extremely careful when entering any bus in this country's capital, since its pickpockets are very skillful and you won't even notice anything missing until you get off the bus.
In the past couple of years, the only natural disaster that severely affected Serbia was flooding of large proportions, with even fatal results. Apart from that, Belgrade stands in the seismically active area (Level 2a), but earthquakes of any kind rarely happen.
Mugging exists but is rare. There have been reports of kidnapping either as a consequence of someone failing to pay a debt, or kidnapping by rival criminal organizations. Crimes like these do happen, but have declined in the last decade significantly, and are not likely to happen to a tourist.
Terrorist attacks are more likely to happen in most popular European capitals such as Paris, London, etc., than in Belgrade. There is a risk of a terrorist attack happening but it is really low.
Any newcomer is in danger of scams when visiting a new country, and the same applies to Serbia. The most common scams are people ripping you off in bars or clubs, or by the street vendors, as well as drink spiking in strip clubs.
Serbia is very safe for women travelers. Attacks rarely happen, if ever, but still, be on the lookout at all times, especially at night, or in deserted areas, empty, poorly lit streets, etc.
Visa is not required for any stays shorter than 90 days. Be sure that your passport is valid for at least six months from your planned date of return to the country you're visiting. However, if you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
Serbian Dinar (RSD) is the currency in Serbia. To avoid street money changers and exchange your money at official exchange offices and you'll find the best rate in the National Bank of Serbia. You can also withdraw RSD at a local ATM.
Serbia is known to have very hot summers (reaching up to 40℃) and very cold winters (reaching as low as -15℃). Serbian climate is considered to be mild.
The busiest airport in Serbia is in Belgrade, Belgrade Nikola Tesla Airport (BEG). Another large airport is located in the city of Niš.
Just like anywhere else, we recommend getting travel insurance when traveling to Serbia, since it covers not only the costs of medical problems but also theft and loss of valuables.