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

€380

3BR Rent

per month, city average

€550

Groceries

per month, single person

€140

Transport

per month, public transit pass

€45

Utilities

per month, basic apartment

€85

Meal Out

typical price per meal

€8

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?

Cost indices for Serbia
IndicatorValue
Cost-of-living index (market data; higher = more expensive)50.1
Rent index13.1
Groceries index39.1
Restaurant price index42.2
Local purchasing-power index (higher = stronger)63.2
Price level index (World Bank, 2024; US = 100)41.7
Property price-to-income ratio14.8

Salaries by Sector

Typical gross annual salaries in Serbia from our sector dataset:

Salaries by sector
SectorTypical 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:

Taxes in Serbia
TaxRate / amount
Effective income tax at €90k gross24%
Net monthly pay at €90k gross€5,070
VAT / sales tax20%
Top personal income-tax rate10%

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

Regional cost comparison
Country1BR RentGroceriesTransportCost index
Serbia€380€140€4550.1
Bosnia and Herzegovina€380€180€3243.8
Bulgaria€403€196€2845.4
Croatia€635€235€4057.5

Quality of Life Metrics

Beyond cost, these factors shape everyday life in Serbia:

Safety index

63/100

Healthcare index

67.2/100

Internet speed

86 Mbps

English proficiency

61/100

Life expectancy

76 yrs

Expat satisfaction

6.8/10

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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