Cost of living comparison

compared to
Madrid vs. Serbia Cost of Living Summary

Madrid is 82.3% more expensive than Serbia overall.

Restaurants
pay 74.0% more in Madrid
Groceries
pay 58.4% more in Madrid
Transportation
pay 57.0% more in Madrid
Housing
pay 2.8 times more in Madrid
Childcare
pay 2.1 times more in Madrid
Entertainment and Sports
pay 82.5% more in Madrid
Clothing
pay 14.1% more in Madrid

The cost of housing, childcare, entertainment and sports, restaurants, groceries, and transportation in Madrid are more expensive than in Serbia. Notably, housing, childcare, and entertainment and sports are significantly more expensive in Madrid.

Madrid vs. Serbia Cost Breakdown

If you lived in Madrid instead of Serbia, you would:

pay 74.0% more for restaurants

 
Serbia
Madrid
Basic meal with drink at inexpensive restaurant $7.13
RSD734
$16.08
€14.14
Fast food combo meal
McDonalds, or similar
$7.64
RSD787
$10.72
€9.42
Bottle of Coca-Cola (11 fl. oz) $1.60
RSD165
$2.79
€2.45

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pay 58.4% more for groceries

 
Serbia
Madrid
Bread
1 loaf
$0.70
RSD72
$1.50
€1.32
Local cheese (8 oz) $3.97
RSD409
$6.92
€6.09
Milk (1 gallon) $4.84
RSD498
$4.41
€3.88

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pay 57.0% more for transportation

 
Serbia
Madrid
Gasoline (1 gallon) $6.22
RSD641
$6.79
€5.97
Monthly public transit pass $23.52
RSD2,422
$42.87
€37.70
New Volkswagen Golf 1.4 (standard edition) $28,112.26
RSD2,894,691
$35,759.38
€31,443.97

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pay 2.8 times more for housing

 
Serbia
Madrid
Internet connection
50 mbps or faster, cable/dsl
$23.16
RSD2,385
$31.85
€28.00
1-Bedroom apartment in downtown area $353.21
RSD36,370
$1,468.90
€1,291.63
1-Bedroom apartment outside city center $242.83
RSD25,004
$1,074.71
€945.02

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pay 2.1 times more for childcare

 
Serbia
Madrid
Private preschool for 1 child, monthly $238.41
RSD24,549
$567.57
€499.07
Middle school for 1 child, two semesters $5,379.39
RSD553,911
$10,069.47
€8,854.30

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pay 82.5% more for entertainment and sports

 
Serbia
Madrid
Domestic/local beer (1 pint) $2.03
RSD209
$3.75
€3.30
Cappuccino in mid-range area $1.68
RSD173
$2.59
€2.27
Pack of cigarettes
Marlboro or similar
$3.80
RSD391
$6.43
€5.65

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pay 14.1% more for clothing

 
Serbia
Madrid
Regular jeans
Levi's brand
$73.17
RSD7,534
$90.50
€79.58
Regular dress
from H&M or similar store
$35.45
RSD3,651
$37.21
€32.72
Running shoes
Nike or Adidas
$92.31
RSD9,505
$97.88
€86.07

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025
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