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Cost of living in Serbia

What a month costs, how prices compare with other countries, and where the money goes

#62 by cost of living in the world#33 in Europe

Monthly cost in Serbia

Spending runs from RSD 31,200 a month in the poorest fifth to RSD 181,000 in the richest

Per person, whole country

RSD 75,600

what a typical person spends in a month

Spending across the population

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

Where people spend money in Serbia

One person's out-of-pocket spending, averaged across the whole country

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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Key facts

The cost of living in Serbia in numbers

Groceries takes an unusual share of the budget

It absorbs 24.1% of spending here, or RSD 18,300 a month, against 19.7% in a typical country, 4.4 points more.

Typical spending takes 69% of the average wage

A typical person spends RSD 75,600 a month while the average take-home wage is RSD 109,000, so 31% of an average wage sits above what a typical person spends.

How living costs in Serbia compare

Neighbours, region and the world on the same monthly figure

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%

What things cost here

How much the same goods and services cost in Serbia against other countries

More expensive than 61% of countries

Where Serbia sits when every country is lined up from cheapest to most expensive

cheapest
Pakistan
most expensive
Bermuda
world
middle

A basket of goods and services that costs RSD 101,000 at world-middle prices costs RSD 115,000 here.

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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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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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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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 standard of living in Serbia?

By spending, Serbia ranks #62 of 185 countries. A typical person spends about RSD 75,600 a month, the poorest 20% about RSD 31,200 and the richest 20% about RSD 181,000. The gap between them shows how unevenly people live.

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.

What currency is used in Serbia?

Serbia uses the Serbian Dinar (RSD). Amounts on this page are shown in it; the currency switcher converts them.

Where to live?

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Living in Serbia

See the full country overview