Cost of living in Serbia compared to Panama
Currency:
| Food | - 33% | |||
|---|---|---|---|---|
| Food in Serbia is 33% cheaper than in Panama | ||||
| Serbia | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 999 Дин. (9 B/.) | 14 B/. | - 34% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 790 Дин. (7 B/.) | 8 B/. | - 4% | |
| 500 gr (1 lb.) of boneless chicken breast | 394 Дин. (3.64 B/.) | 3.91 B/. | - 7% | |
| 1 liter (1 qt.) of whole fat milk | 136 Дин. (1.26 B/.) | 1.63 B/. | - 23% | |
| 12 eggs, large | 250 Дин. (2.31 B/.) | 2.85 B/. | - 19% | |
| 1 kg (2 lb.) of tomatoes | 157 Дин. (1.45 B/.) | 2.07 B/. | - 30% | |
| 500 gr (16 oz.) of local cheese | 563 Дин. (5.20 B/.) | 7 B/. | - 28% | |
| 1 kg (2 lb.) of apples | 99 Дин. (0.92 B/.) | 2.55 B/. | - 64% | |
| 1 kg (2 lb.) of potatoes | 81 Дин. (0.75 B/.) | 1.96 B/. | - 62% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 79 Дин. (0.73 B/.) | 1.51 B/. | - 52% | |
| 1 bottle of red table wine, good quality | 861 Дин. (8 B/.) | 13 B/. | - 40% | |
| 2 liters of coca-cola | 147 Дин. (1.36 B/.) | 2.44 B/. | - 44% | |
| Bread for 2 people for 1 day | 68 Дин. (0.63 B/.) | 1.61 B/. | - 61% | |
| Housing | - 28% | |||
| Housing in Serbia is 28% cheaper than in Panama | ||||
| Serbia | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 125,737 Дин. (1,162 B/.) | 1,273 B/. | - 9% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 68,671 Дин. (634 B/.) | 852 B/. | - 26% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 15,092 Дин. (139 B/.) | 127 B/. | + 9% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 62,151 Дин. (574 B/.) | 908 B/. | - 37% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 40,526 Дин. (374 B/.) | 556 B/. | - 33% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 11,355 Дин. (105 B/.) | 78 B/. | + 34% | |
| Internet 8 mbps (1 month) | 2,344 Дин. (22 B/.) | 46 B/. | - 53% | |
| 40” flat screen tv | 41,323 Дин. (382 B/.) | 340 B/. | + 12% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 15,273 Дин. (141 B/.) | 106 B/. | + 33% | |
| Laundry detergent (3 l. ~ 100 oz.) | 904 Дин. (8 B/.) | 8 B/. | - 0% | |
| Hourly rate for cleaning help | 712 Дин. (7 B/.) | 15 B/. | - 57% | |
| Clothes | + 78% | |||
| Clothes in Serbia is 78% more expensive than in Panama | ||||
| Serbia | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 10,692 Дин. (99 B/.) | 48 B/. | + 107% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 5,268 Дин. (49 B/.) | 26 B/. | + 86% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 10,864 Дин. (100 B/.) | 79 B/. | + 27% | |
| 1 pair of men’s leather business shoes | 14,590 Дин. (135 B/.) | 83 B/. | + 61% | |
| Transportation | - 20% | |||
| Transportation in Serbia is 20% cheaper than in Panama | ||||
| Serbia | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 1,800,000 Дин. (16,629 B/.) | 22,433 B/. | - 26% | |
| 1 liter (1/4 gallon) of gas | 184 Дин. (1.70 B/.) | 1.29 B/. | + 32% | |
| Monthly ticket public transport | 2,906 Дин. (27 B/.) | 42 B/. | - 36% | |
| Personal Care | - 49% | |||
| Personal Care in Serbia is 49% cheaper than in Panama | ||||
| Serbia | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 694 Дин. (6 B/.) | 8 B/. | - 24% | |
| 1 box of antibiotics (12 doses) | 583 Дин. (5.38 B/.) | 32 B/. | - 83% | |
| Short visit to private doctor (15 minutes) | 2,706 Дин. (25 B/.) | 62 B/. | - 60% | |
| 1 box of 32 tampons (tampax, ob, ...) | 604 Дин. (5.58 B/.) | 9 B/. | - 37% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 521 Дин. (4.81 B/.) | 5.05 B/. | - 5% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 514 Дин. (4.74 B/.) | 7 B/. | - 32% | |
| 4 rolls of toilet paper | 226 Дин. (2.09 B/.) | 3.79 B/. | - 45% | |
| Tube of toothpaste | 280 Дин. (2.59 B/.) | 3.38 B/. | - 23% | |
| Standard men's haircut in expat area of the city | 823 Дин. (8 B/.) | 19 B/. | - 60% | |
| Entertainment | + 8% | |||
| Entertainment in Serbia is 8% more expensive than in Panama | ||||
| Serbia | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | 2,458 Дин. (23 B/.) | 29 B/. | - 22% | |
| 2 tickets to the movies | 1,267 Дин. (12 B/.) | 13 B/. | - 6% | |
| 2 tickets to the theater (best available seats) | 3,799 Дин. (35 B/.) | 55 B/. | - 36% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 4,802 Дин. (44 B/.) | 47 B/. | - 6% | |
| 1 cocktail drink in downtown club | 744 Дин. (7 B/.) | 8 B/. | - 19% | |
| Cappuccino in expat area of the city | 221 Дин. (2.04 B/.) | 5.69 B/. | - 64% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 245 Дин. (2.26 B/.) | 2.75 B/. | - 18% | |
| Ipad wi-fi 128gb | 80,381 Дин. (743 B/.) | 651 B/. | + 14% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 50 Дин. (0.46 B/.) | 0.22 B/. | + 108% | |
| 1 month of gym membership in business district | 3,538 Дин. (33 B/.) | 47 B/. | - 31% | |
| 1 package of marlboro cigarettes | 412 Дин. (3.81 B/.) | 5.66 B/. | - 33% | |
| TOTAL | - 20% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,238 prices entered by 137 different people.
These prices were last updated on January 22, 2023.
Exchange rate:
0.00924
PAB
/
RSD
Cost of living in Serbia is 20% cheaper than in Panama
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