Cost of living comparison
Serbia is 45.0% cheaper than Iceland.
If you lived in Serbia instead of Iceland, you would:
pay 54.5% less for restaurants
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,708
|
$6.66
RSD728
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,283
|
$7.11
RSD777
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK375
|
$1.39
RSD152
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK271
|
$1.04
RSD114
|
|
pay 53.2% less for groceries
|
Iceland
|
Serbia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK438
|
$0.67
RSD73
|
|
| Local cheese (8 oz) |
$6.72
ISK932
|
$3.27
RSD357
|
|
| Milk (1 gallon) |
$6.27
ISK870
|
$4.58
RSD500
|
|
|
Eggs
1 dozen
|
$6.03
ISK837
|
$2.24
RSD245
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,055
|
$2.77
RSD302
|
|
| Apples (1 lb) |
$1.13
ISK156
|
$0.44
RSD48
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.71
RSD78
|
|
| Oranges (1 lb) |
$1.15
ISK160
|
$0.67
RSD74
|
|
| Tomatoes (1 lb) |
$1.71
ISK238
|
$0.79
RSD86
|
|
| Potatoes (1 lb) |
$1.13
ISK157
|
$0.38
RSD42
|
|
| Onions (1 lb) |
$0.68
ISK95
|
$0.35
RSD38
|
|
pay 47.3% less for transportation
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,169
|
$6.36
RSD695
|
|
| Monthly public transit pass |
$68.29
ISK9,478
|
$26.61
RSD2,908
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,511,605
|
$26,673.81
RSD2,915,208
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,224
|
$6.78
RSD741
|
|
pay 42.5% less for housing
|
Iceland
|
Serbia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,335
|
$21.79
RSD2,382
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK210,798
|
$289.12
RSD31,599
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK183,950
|
$208.18
RSD22,752
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,297
|
$111.12
RSD12,144
|
|
pay 7.6% less for childcare
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,384
|
$219.93
RSD24,036
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK831,823
|
$5,902.44
RSD645,083
|
|
pay 68.2% less for entertainment and sports
|
Iceland
|
Serbia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,301
|
$1.96
RSD214
|
|
| Cappuccino in mid-range area |
$4.61
ISK640
|
$1.54
RSD169
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,557
|
$3.59
RSD393
|
|
| Monthly membership at local gym |
$60.00
ISK8,327
|
$24.04
RSD2,628
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,935
|
$4.51
RSD493
|
|
pay 41.6% less for clothing
|
Iceland
|
Serbia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK15,020
|
$63.85
RSD6,978
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,290
|
$34.98
RSD3,823
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,392
|
$88.04
RSD9,622
|
|
| Men's business shoes (leather) |
$169.24
ISK23,487
|
$94.98
RSD10,381
|
|
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