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Cost of living in Serbia

Average monthly spending, by standard of living, by category, and against other countries

#33 priciest in Europe

Monthly cost

RSD 75,600

what a typical person spends

Spending by standard of living

poorest 20%
RSD 31,200
richest 20%
RSD 181,000

Outside the euro and running on the dinar, Serbia leans like much of the region on cheap local food and labor to keep daily life affordable. Belgrade has grown busier and pricier, and housing there takes a heavier cut than the relaxed grocery prices would lead you to expect. The distance between getting by and living comfortably is real without being dramatic.

Where people spend money in Serbia

Groceries sit at the top of a Serbian budget, and they're the gentle part of it — local produce keeps food cheap and predictable. The weight lands on housing, heavier in Belgrade than the easy grocery prices suggest, and it's the cost you're locked into. With transport cheap on top of that, what you can actually flex is whatever's left once the rent and the table are covered.

share of monthly spending
Groceries
RSD 18,30024%
Housing
RSD 14,10019%
Other
RSD 11,40015%
Transport
RSD 8,52011%
Leisure & culture
RSD 4,8707%
Dining out
RSD 4,5606%

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What it costs to live in Serbia

Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Serbia and how much you could have left each month

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  • How much could be left each month
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Cost of living in Serbia

RSD 31,200/mo

vs RSD 81,200 in your country

Take-home

RSD 102,000

vs RSD 122,000 in your country

Potential savings

RSD 70,600

more than in your country

Standard of living

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How living costs in Serbia compare

Serbia comes out among Europe's least expensive while still pricier than a fair stretch of the world — affordable for the continent, less so by the standards of the globe. Being outside the EU and the euro is part of what keeps prices gentle for newcomers. The measured view: among the cheaper European bases you can choose, with the trade-offs of a country still on the outside looking in.

monthly spend · % vs Serbia
1Croatia
RSD 125,000+66%
2Romania
RSD 117,000+54%
3Hungary
RSD 102,000+35%
4Montenegro
RSD 89,700+19%
5Bulgaria
RSD 88,400+17%
6Serbia
RSD 75,600
7Bosnia
RSD 58,500-23%
8North Macedonia
RSD 56,000-26%
9Kosovo
RSD 49,100-35%

Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), category breakdown 2023 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth

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Frequently asked questions

What is the cost of living in Serbia?

A typical person in Serbia spends about RSD 75,600 a month — around RSD 907,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the cost of living in Serbia in US dollars?

The cost of living in Serbia is about $745 a month, or roughly $8,940 a year per person.

How much money do you need to live comfortably in Serbia?

It all depends on your standard of living. A modest budget runs about RSD 31,200 a month per person, a typical one around RSD 75,600, and a comfortable life around RSD 105,000. In big cities and for a family, costs are usually higher.

What do people spend the most on in Serbia?

The biggest expense is groceries, at about RSD 18,300 a month (24% of spending). Then come housing (RSD 14,100, 19%) and transport (RSD 8,520, 11%).

Is the average salary in Serbia enough to live on?

Yes, with room to spare. Average spending is about RSD 75,600 a month, while the average take-home pay in Serbia is about RSD 109,000. For more on incomes, see salaries in Serbia.

Is Serbia an expensive country to live in?

Yes. Serbia is more expensive than 67% of countries worldwide and ranks 33rd of 41 in Europe by cost of living.

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Living in Serbia

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