Serbia is a country located in southeastern Europe, with a population of around 7 million people. The country has a developing economy and a relatively low cost of living compared to other European countries.
If you are planning to move to Serbia as an expat, here are some general information that might be useful for you:
Cost of Living in Serbia
The cost of living in Serbia is generally lower than in most European countries, but this depends on the location you choose to live in. For example, living in the capital, Belgrade, can be more expensive than in other parts of the country. In general, food, transportation, and entertainment are relatively affordable, while utilities and housing costs can vary greatly depending on the location.
Wages and Salary in Serbia
The average monthly salary in Serbia is around €500, but this can vary greatly depending on the industry and location. Some expats may earn a higher salary if they work for multinational companies or work in specialized industries.
Housing Costs in Serbia
The cost of housing in Serbia varies depending on the location and the type of accommodation you choose. Renting a one-bedroom apartment in the city center can cost around €250-€350 per month, while a similar apartment in the suburbs can cost around €200-€250 per month. Buying a property in Serbia can be affordable compared to other European countries, with the average price per square meter ranging from €800-€1,500, depending on the location.
Utilities in Serbia
Utility costs in Serbia can be affordable, with the average monthly cost for electricity, water, and gas being around €70-€100 per month for a small apartment. However, prices can vary greatly depending on the location and consumption.
Healthcare in Serbia
The healthcare system in Serbia is public and offers free basic healthcare services to all citizens and residents. However, the quality of healthcare services can vary greatly depending on the location and the hospital.
Childcare and Education in Serbia
The cost of childcare and education in Serbia varies depending on the type of institution and location. Public schools and universities are free for all citizens and residents, while private schools and universities can be expensive. Childcare costs can also vary greatly, with private kindergartens and nurseries being more expensive than public ones.
Transportation in Serbia
The cost of transportation in Serbia is relatively affordable, with a single ticket for public transport costing around €0.70-€1.00, depending on the city. Taxis are also affordable, with an average fare of around €1.00 per kilometer.
Leisure Activities in Serbia
Serbia offers a range of leisure activities, from hiking and skiing in the mountains to exploring the country’s cultural heritage. The cost of entertainment and leisure activities is generally affordable, with prices varying depending on the location and activity.
Taxation and Social Security in Serbia
Serbia has a progressive taxation system, with a flat tax rate of 10% for personal income tax. Social security contributions are also deducted from the salary and range from 11% to 15%.
Assistance with Living Costs in Serbia
There are some government programs in Serbia that provide financial assistance to certain groups of citizens and residents, such as families with children, the elderly, and people with disabilities. However, eligibility and the amount of financial assistance may vary depending on the location and the program.