Cost of Living Comparison Between Madrid and Belgrade 

Indices DifferenceInfo
Consumer Prices in Belgrade are 18.2% lower than in Madrid (without rent)
Consumer Prices Including Rent in Belgrade are 26.7% lower than in Madrid
Rent Prices in Belgrade are 41.8% lower than in Madrid
Restaurant Prices in Belgrade are 25.8% lower than in Madrid
Groceries Prices in Belgrade are 22.1% lower than in Madrid
Local Purchasing Power in Belgrade is 55.9% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Belgrade Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(1,640.89 Дин)
9.39 €
(1,100.00 Дин)
     -33.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(7,032.40 Дин)
42.66 €
(5,000.00 Дин)
     -28.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 €
(1,116.39 Дин)
8.53 €
(1,000.00 Дин)
     -10.4 %
Domestic Beer (1 pint draught) 3.50 €
(410.22 Дин)
2.56 €
(300.00 Дин)
     -26.9 %
Imported Beer (12 oz small bottle) 3.50 €
(410.22 Дин)
3.24 €
(380.00 Дин)
     -7.4 %
Cappuccino (regular) 2.39 €
(279.59 Дин)
2.24 €
(262.00 Дин)
     -6.3 %
Coke/Pepsi (12 oz small bottle) 2.44 €
(285.77 Дин)
2.16 €
(253.46 Дин)
     -11.3 %
Water (12 oz small bottle) 1.59 €
(186.18 Дин)
1.46 €
(170.97 Дин)
     -8.2 %
Markets
Madrid Edit Belgrade Edit
Milk (regular), (1 gallon) 4.02 €
(470.72 Дин)
4.72 €
(553.21 Дин)
     +17.5 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(161.38 Дин)
0.66 €
(76.84 Дин)
     -52.4 %
Rice (white), (1 lb) 0.66 €
(77.42 Дин)
1.09 €
(127.76 Дин)
     +65.0 %
Eggs (regular) (12) 2.77 €
(325.22 Дин)
2.54 €
(297.22 Дин)
     -8.6 %
Local Cheese (1 lb) 6.06 €
(710.18 Дин)
4.22 €
(494.59 Дин)
     -30.4 %
Chicken Fillets (1 lb) 3.46 €
(405.66 Дин)
3.02 €
(354.33 Дин)
     -12.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 €
(741.44 Дин)
5.12 €
(599.88 Дин)
     -19.1 %
Apples (1 lb) 1.02 €
(119.64 Дин)
0.47 €
(54.82 Дин)
     -54.2 %
Banana (1 lb) 0.82 €
(96.04 Дин)
0.69 €
(81.24 Дин)
     -15.4 %
Oranges (1 lb) 0.80 €
(93.96 Дин)
0.74 €
(86.95 Дин)
     -7.5 %
Tomato (1 lb) 1.04 €
(121.58 Дин)
0.94 €
(110.00 Дин)
     -9.5 %
Potato (1 lb) 0.64 €
(75.30 Дин)
0.48 €
(56.54 Дин)
     -24.9 %
Onion (1 lb) 0.69 €
(80.53 Дин)
0.43 €
(50.77 Дин)
     -37.0 %
Lettuce (1 head) 1.20 €
(140.21 Дин)
0.76 €
(89.64 Дин)
     -36.1 %
Water (1.5 liter bottle) 0.87 €
(102.32 Дин)
0.58 €
(67.86 Дин)
     -33.7 %
Bottle of Wine (Mid-Range) 6.00 €
(703.24 Дин)
5.97 €
(700.00 Дин)
     -0.5 %
Domestic Beer (0.5 liter bottle) 1.22 €
(142.74 Дин)
0.71 €
(83.36 Дин)
     -41.6 %
Imported Beer (12 oz small bottle) 1.76 €
(205.77 Дин)
1.26 €
(147.10 Дин)
     -28.5 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(662.22 Дин)
3.50 €
(410.00 Дин)
     -38.1 %
Transportation
Madrid Edit Belgrade Edit
One-way Ticket (Local Transport) 1.50 €
(175.81 Дин)
0.43 €
(50.00 Дин)
     -71.6 %
Monthly Pass (Regular Price) 40.00 €
(4,688.27 Дин)
18.77 €
(2,200.00 Дин)
     -53.1 %
Taxi Start (Normal Tariff) 3.00 €
(351.62 Дин)
2.30 €
(270.00 Дин)
     -23.2 %
Taxi 1 mile (Normal Tariff) 1.93 €
(226.35 Дин)
1.32 €
(154.50 Дин)
     -31.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(2,578.55 Дин)
10.24 €
(1,200.00 Дин)
     -53.5 %
Gasoline (1 gallon) 6.23 €
(730.19 Дин)
6.27 €
(735.00 Дин)
     +0.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(3,910,601.48 Дин)
26,225.00 €
(3,073,745.65 Дин)
     -21.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(3,237,218.15 Дин)
23,773.87 €
(2,786,456.82 Дин)
     -13.9 %
Utilities (Monthly)
Madrid Edit Belgrade Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.24 €
(16,671.31 Дин)
159.99 €
(18,752.11 Дин)
     +12.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 €
(1,627.07 Дин)
17.74 €
(2,079.16 Дин)
     +27.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.76 €
(3,487.66 Дин)
23.72 €
(2,780.61 Дин)
     -20.3 %
Sports And Leisure
Madrid Edit Belgrade Edit
Fitness Club, Monthly Fee for 1 Adult 43.57 €
(5,106.86 Дин)
32.93 €
(3,859.09 Дин)
     -24.4 %
Tennis Court Rent (1 Hour on Weekend) 9.91 €
(1,162.10 Дин)
15.29 €
(1,792.26 Дин)
     +54.2 %
Cinema, International Release, 1 Seat 10.00 €
(1,172.07 Дин)
6.40 €
(750.00 Дин)
     -36.0 %
Childcare
Madrid Edit Belgrade Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 491.92 €
(57,656.68 Дин)
303.73 €
(35,598.95 Дин)
     -38.3 %
International Primary School, Yearly for 1 Child 8,661.90 €
(1,015,233.25 Дин)
6,603.14 €
(773,931.82 Дин)
     -23.8 %
Clothing And Shoes
Madrid Edit Belgrade Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.75 €
(8,057.96 Дин)
84.81 €
(9,940.51 Дин)
     +23.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.30 €
(3,317.23 Дин)
35.73 €
(4,187.57 Дин)
     +26.2 %
1 Pair of Nike Running Shoes (Mid-Range) 76.31 €
(8,943.67 Дин)
92.45 €
(10,835.69 Дин)
     +21.2 %
1 Pair of Men Leather Business Shoes 84.43 €
(9,895.35 Дин)
112.83 €
(13,224.02 Дин)
     +33.6 %
Rent Per Month
Madrid Edit Belgrade Edit
Apartment (1 bedroom) in City Centre 1,258.75 €
(147,533.93 Дин)
746.66 €
(87,513.23 Дин)
     -40.7 %
Apartment (1 bedroom) Outside of Centre 905.83 €
(106,169.73 Дин)
448.20 €
(52,532.10 Дин)
     -50.5 %
Apartment (3 bedrooms) in City Centre 2,154.81 €
(252,557.89 Дин)
1,376.95 €
(161,388.14 Дин)
     -36.1 %
Apartment (3 bedrooms) Outside of Centre 1,554.35 €
(182,179.98 Дин)
844.16 €
(98,941.07 Дин)
     -45.7 %
Buy Apartment Price
Madrid Edit Belgrade Edit
Price per Square Feet to Buy Apartment in City Centre 421.98 €
(49,458.79 Дин)
353.53 €
(41,435.70 Дин)
     -16.2 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 €
(27,943.30 Дин)
215.45 €
(25,251.89 Дин)
     -9.6 %
Salaries And Financing
Madrid Edit Belgrade Edit
Average Monthly Net Salary (After Tax) 2,399.51 €
(281,238.79 Дин)
775.72 €
(90,919.87 Дин)
     -67.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 6.96      +175.1 %
Last update: May 2024May 2024
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