Serbia is increasingly attracting expats, digital nomads, and students who want to enjoy European living standards without the heavy costs of Western Europe. One of the main reasons foreigners choose Serbia is its affordable cost of living, which makes it possible to live comfortably on a modest budget.
Housing Costs in Serbia
Accommodation is one of the biggest expenses, but in Serbia it is still much cheaper than in most EU countries.
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Belgrade: A one-bedroom apartment in the city center costs €400–600 per month.
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Other cities (Novi Sad, Niš, Kragujevac): Rentals range from €250–400 per month.
Sharing an apartment or living slightly outside the city center can reduce costs further.
Food and Groceries
Serbia offers fresh and affordable food options.
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Eating at local restaurants costs around €5–10 per meal.
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Weekly groceries from local markets average €30–50 for a single person.
Local produce, bread, dairy, and meat are inexpensive compared to Western Europe.
Transportation and Utilities
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Public Transport: A monthly pass in Belgrade costs €25–35, while single rides are under €1.
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Utilities: Electricity, water, heating, and internet together average €120–180 per month, depending on usage and season.
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Taxis: Very affordable, with short rides costing €3–5.
Healthcare and Insurance
Public healthcare is available for residents, but many expats prefer private healthcare, which is still reasonably priced. Private insurance packages start at €30–50 per month, offering quick access to doctors and hospitals.
Lifestyle and Entertainment
Serbia offers a rich lifestyle at a fraction of Western European costs.
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Coffee at a café: €1–2
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Movie ticket: €4–5
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Nightlife and cultural events are popular and affordable, making it easy to enjoy leisure activities on a budget.
Yes, it is absolutely possible to live in Serbia at an affordable price. With lower housing, food, and transportation costs, Serbia allows expats, students, and professionals to enjoy a good quality of life without overspending. Whether you live in Belgrade or a smaller city, Serbia offers one of the best cost-of-living advantages in Europe.