Cost of Living in Serbia
Last updated on Jun 21, 2023
Summary: The cost of living in Serbia is generally considered to be quite affordable. A nice 1 bedroom apartment in Serbia can cost anywhere from $400 to $800 per month, while a nice 2 bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Serbia is usually around $15 to $20 per person.
Is the cost of living in Serbia high?
We asked people how much they someone comfortably live on in Serbia, they wrote:
"The cost of living in Serbia is generally considered to be quite affordable. Prices for basic necessities such as food, transportation, and housing are generally lower than in other European countries. Eating out in restaurants is also relatively inexpensive, and there are plenty of affordable options for entertainment. Overall, Serbia is a great place to live if you are looking for a budget-friendly destination," explained one expat.
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Will I save money living in Serbia?
"Living in Serbia can be significantly cheaper than living in the United States. The cost of living in Serbia is generally lower than in the United States, with rent, groceries, and other everyday expenses costing much less. Additionally, Serbia has a lower tax rate than the United States, which can help to reduce the overall cost of living," said one expat in Serbia.
What is the average cost of housing in Serbia?
If you are thinking about moving to Serbia, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Serbia varies depending on the location and type of property. Generally, the cost of renting an apartment in Serbia is relatively affordable compared to other European countries, with prices ranging from around €200 to €500 per month. Buying a property in Serbia is also relatively inexpensive, with prices ranging from €1,000 to €2,000 per square meter," said one expat in Serbia.
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What are typical rental prices for expats in Serbia?
"The rental price for a nice 1 bedroom apartment in Serbia can vary depending on the location, but generally ranges from around $400 to $800 per month. For a nice 2 bedroom apartment, the rental price can range from around $600 to $1,200 per month," commented one expat who moved to Serbia.
What appliances are typically included in a rental?
We asked foreigners in Serbia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Serbia typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a dishwasher, microwave, and air conditioning unit. Depending on the property, some landlords may also provide additional amenities such as a television, internet access, and furniture," commented one expat living in Serbia.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.