Cost of living in Serbia
Average monthly spending, by standard of living, by category, and against other countries
Monthly cost
RSD 75,600
what a typical person spends
Spending by standard of living
RSD 31,200richest 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.
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What it costs to live in Serbia
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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.
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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