All figures are shown in EUR for comparability. The local currency of Serbia is the Serbian dinar (RSD).
Monthly Living Costs in Serbia
Average prices from our cost dataset, re-checked on a rolling basis:
1BR Rent
per month, city average
3BR Rent
per month, city average
Groceries
per month, single person
Transport
per month, public transit pass
Utilities
per month, basic apartment
Meal Out
typical price per meal
Monthly budget (single person): €650 (1-bedroom rent + groceries + transport + utilities)
Monthly budget (couple): €835 (shared 1-bedroom rent, two of everything else)
These are national averages — actual costs vary by city and lifestyle.
How Expensive Is Serbia Overall?
| Indicator | Value |
|---|---|
| Cost-of-living index (market data; higher = more expensive) | 50.1 |
| Rent index | 13.1 |
| Groceries index | 39.1 |
| Restaurant price index | 42.2 |
| Local purchasing-power index (higher = stronger) | 63.2 |
| Price level index (World Bank, 2024; US = 100) | 41.7 |
| Property price-to-income ratio | 14.8 |
Salaries by Sector
Typical gross annual salaries in Serbia from our sector dataset:
| Sector | Typical gross annual (EUR) |
|---|---|
| IT & Software | €45,000 |
| Finance | €28,000 |
| Engineering | €24,000 |
| Construction | €20,000 |
| Healthcare | €18,000 |
| Education | €16,000 |
| Hospitality | €12,000 |
| Retail | €11,000 |
Taxes in Serbia
Headline tax figures that shape your take-home pay:
| Tax | Rate / amount |
|---|---|
| Effective income tax at €90k gross | 24% |
| Net monthly pay at €90k gross | €5,070 |
| VAT / sales tax | 20% |
| Top personal income-tax rate | 10% |
Worked example: on a €90,000 gross salary, net pay is about €5,070 per month. After rent and essentials (€650), roughly €4,420 per month is left for savings and discretionary spending.
How Serbia Compares to Its Neighbours
| Country | 1BR Rent | Groceries | Transport | Cost index |
|---|---|---|---|---|
| Serbia | €380 | €140 | €45 | 50.1 |
| Bosnia and Herzegovina | €380 | €180 | €32 | 43.8 |
| Bulgaria | €403 | €196 | €28 | 45.4 |
| Croatia | €635 | €235 | €40 | 57.5 |
Quality of Life Metrics
Beyond cost, these factors shape everyday life in Serbia:
Safety index
Healthcare index
Internet speed
English proficiency
Life expectancy
Expat satisfaction
What It Costs to Get In: Visas & Residence
We track 7 residence and visa routes for Serbia — see the full Serbia visa programme list.
Our engine estimates a minimum financial viability of €650 per month to sustain a move to Serbia.
Frequently Asked Questions
Is Serbia expensive?
Serbia has a cost-of-living index of 50.1 (higher = more expensive). A 1-bedroom apartment averages €380 per month and a single person spends about €650 per month on rent plus essentials.
How much money do I need per month in Serbia?
About €650 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €835 per month.
What is the average rent in Serbia?
A 1-bedroom apartment averages €380 per month and a 3-bedroom apartment averages €550 per month in Serbia. Prices vary significantly between city centres and smaller towns.
What do people earn in Serbia?
Typical gross annual salaries in Serbia range from €11,000 (Retail) to €45,000 (IT & Software), based on our sector dataset.
Ready for the next step? See the full Serbia country profile and the Serbia emigration guide.
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