Cost of living comparison
Serbia is 42.8% cheaper than Iceland overall.
- Restaurants
-
pay 51.0% less in Serbia
- Groceries
-
pay 50.8% less in Serbia
- Transportation
-
pay 47.8% less in Serbia
- Housing
-
pay 34.0% less in Serbia
- Childcare
-
pay 9.0% less in Serbia
- Entertainment and Sports
-
pay 67.2% less in Serbia
- Clothing
-
pay 39.6% less in Serbia
Expenses including entertainment and sports, restaurants, groceries, transportation, clothing, and housing are lower in Serbia.
If you lived in Serbia instead of Iceland, you would:
pay 51.0% less for restaurants
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,552
|
$7.13
RSD775
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$7.64
RSD830
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$1.60
RSD174
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$1.16
RSD126
|
|
pay 50.8% less for groceries
|
Iceland
|
Serbia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$0.70
RSD76
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$3.97
RSD432
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$4.84
RSD526
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$2.39
RSD259
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$2.93
RSD319
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$0.48
RSD52
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$0.75
RSD82
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$0.64
RSD70
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$0.81
RSD88
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$0.46
RSD50
|
|
| Onions (1 lb) |
$0.78
ISK103
|
$0.43
RSD47
|
|
pay 47.8% less for transportation
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$6.22
RSD676
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
$23.52
RSD2,555
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$28,112.26
RSD3,054,007
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
$7.11
RSD772
|
|
pay 34.0% less for housing
|
Iceland
|
Serbia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$23.16
RSD2,516
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$353.21
RSD38,372
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$242.83
RSD26,380
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$113.86
RSD12,370
|
|
pay 9.0% less for childcare
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$238.41
RSD25,900
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$5,379.39
RSD584,397
|
|
pay 67.2% less for entertainment and sports
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$2.03
RSD220
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$1.68
RSD182
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$3.80
RSD413
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$25.78
RSD2,800
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$4.53
RSD492
|
|
pay 39.6% less for clothing
|
Iceland
|
Serbia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$73.17
RSD7,948
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$35.45
RSD3,852
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$92.31
RSD10,028
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$99.77
RSD10,839
|
|
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