{"id":212974,"date":"2026-06-24T14:55:49","date_gmt":"2026-06-24T12:55:49","guid":{"rendered":"https:\/\/serbiantimes.info\/en\/?p=212974"},"modified":"2026-06-24T14:55:50","modified_gmt":"2026-06-24T12:55:50","slug":"over-half-of-a-paycheck-goes-just-to-housing-belgrade-among-the-five-most-expensive-cities-to-live-in-europe","status":"publish","type":"post","link":"https:\/\/serbiantimes.info\/en\/over-half-of-a-paycheck-goes-just-to-housing-belgrade-among-the-five-most-expensive-cities-to-live-in-europe\/","title":{"rendered":"OVER HALF OF A PAYCHECK GOES JUST TO HOUSING: Belgrade Among the Five Most Expensive Cities to Live in Europe!"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Belgrade has ranked among the European capitals where the gap between average salaries and the real cost of living is the widest, according to a 2026 study conducted by the British financial portal Tradingpedia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analyzing affordability indicators across 37 European capitals, economist Michael Fisher\u2019s report placed Serbia among the countries where a \u201ccomfortable life\u201d remains a luxury beyond the reach of most residents, raising serious questions about the country\u2019s actual purchasing power.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When discussing living expenses, the key issue is not only how much you earn, but how much of that income disappears before you even buy food. The latest Tradingpedia research precisely calculated the percentage of an average salary that a single person in European capitals must allocate solely to renting a furnished 45-square-meter apartment and covering basic utilities such as electricity, heating, and internet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Belgrade occupies fifth place on this unfavorable list. The data show that the average resident of Serbia\u2019s capital spends as much as 61.53 percent of their salary simply to keep a roof over their head.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the study, Belgrade ranks fifth in Europe by the share of average income required to cover rent and utility costs. Tradingpedia\u2019s analysis found that only four of the 37 surveyed capitals had a worse ratio between wages and housing expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ahead of Belgrade are Rome, where housing costs consume 63 percent of the average salary, Tirana with 66 percent, and Warsaw with 69 percent. At the very top of the list is Lisbon, where rent and utilities account for a staggering 91 percent of the average local income. On the other hand, Brussels ranks as the most affordable capital in this category, with housing expenses consuming only 30 percent of an average salary, followed by Copenhagen at 32 percent, and Stockholm, Sofia, and Bern at 35 percent.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><mark style=\"background-color:#FFFFFF;color:#d21414\" class=\"has-inline-color\">READ MORE:<\/mark><\/h4>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-serbiantimes-info wp-block-embed-serbiantimes-info\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"pJg8bI6mE0\"><a href=\"https:\/\/serbiantimes.info\/srbi-ujedinjeni-oko-dece-i-karadjordjevica-srpski-kamp-ce-sledece-godine-u-vrnjackoj-banji-okupiti-mlade-iz-cikaga-i-otadzbine\/\">SRBI UJEDINJENI OKO DECE I KARA\u0110OR\u0110EVI\u0106A: \u201cSrpski kamp\u201d \u0107e slede\u0107e godine u Vrnja\u010dkoj banji okupiti mlade iz \u010cikaga i otad\u017ebine!<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201eSRBI UJEDINJENI OKO DECE I KARA\u0110OR\u0110EVI\u0106A: \u201cSrpski kamp\u201d \u0107e slede\u0107e godine u Vrnja\u010dkoj banji okupiti mlade iz \u010cikaga i otad\u017ebine!\u201c \u2014 Serbiantimes.info\" src=\"https:\/\/serbiantimes.info\/srbi-ujedinjeni-oko-dece-i-karadjordjevica-srpski-kamp-ce-sledece-godine-u-vrnjackoj-banji-okupiti-mlade-iz-cikaga-i-otadzbine\/embed\/#?secret=19AEZdzKwB#?secret=pJg8bI6mE0\" data-secret=\"pJg8bI6mE0\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">A Serious Gap Between Housing Prices and Purchasing Power<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The fact that housing expenses in Belgrade consume around 62 percent of an average salary points to a significant disparity between rising property prices and the purchasing power of local residents, placing the Serbian capital among Europe\u2019s least affordable cities for single individuals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These figures are not merely a theoretical warning, as many citizens face these challenges daily on the domestic housing market. Living in the capital and finding a sustainable balance between rent and other life necessities has become a major struggle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D.S., who has been renting an apartment in Belgrade for the past three years, says she spends \u20ac450 per month on rent alone, excluding utility bills. However, she shares the apartment with a roommate and believes she would not be able to survive financially on her own.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI think it\u2019s very difficult to \u2018get by.\u2019 If I wanted to move into my own place right now, I would have to pay the same amount for a much smaller apartment. Besides the high prices, there is also a shortage of available apartments. It\u2019s almost impossible to find a decent place to live,\u201d she says.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She adds that entertainment, recreation, and sports are the areas where she saves the most money.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI need at least 1,000 dinars if I want to go cycling at Ada Ciganlija. A day pass for the swimming pool is nearly 1,000 dinars. Basically, wherever I want to go, I spend at least 1,000 dinars. If it\u2019s the theater, cinema, a musical, or even a cocktail bar, the costs are much higher. The average cocktail costs around 900 dinars. Every time you leave the house, it costs you at least 1,000 dinars. If you don\u2019t have money, you simply can\u2019t live,\u201d D.S. explains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Similar financial difficulties are experienced by J.V., who says life is much harder today than it was four years ago when she first moved to Belgrade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt\u2019s definitely difficult. You can clearly see the difference in prices and living costs because everything has become much more expensive. Fortunately, my utility bills are not too high because I don\u2019t have central heating, so I manage to save a bit compared to some other people I know who also live in Belgrade,\u201d J.V. says.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Economic Illusion<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">According to economist Bo\u017eo Dra\u0161kovi\u0107, former director of the Institute of Economic Sciences and member of the Board of Serbia\u2019s Anti-Corruption Agency, Serbia is experiencing what he calls an economic illusion in which living standards appear to improve when purchasing power is expressed in euros.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThere is a fixed exchange rate, while prices and wages continue to rise in dinars. When those figures are converted using a fixed exchange rate, it creates the illusion that people are living better because their purchasing power appears higher in euros. However, the real indicator is the structure of consumption\u2014what people actually spend their income on and what the minimum necessities for survival are,\u201d Dra\u0161kovi\u0107 explains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to him, economic statistics showing GDP growth, often highlighted by officials, do not accurately reflect the real situation on the ground, while Serbia is effectively stagnating. The key issue is that the at-risk-of-poverty rate has remained largely unchanged for years and still exceeds 20 percent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThat means roughly a quarter of the population is at risk of poverty because their income does not provide sufficient resources for normal household maintenance. When spending on food, household hygiene, medicine, internet, and heating exceeds 60 percent of income, it indicates that low-income citizens have very little left for a normal life,\u201d the economist emphasizes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Statistical Office of the Republic of Serbia, the average salary in Serbia in March 2026 was slightly above 120,000 dinars, while more than 50 percent of citizens earn around 90,000 dinars per month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Compared with other cities on the same list, where comfortable living is also becoming a luxury, the average monthly net salary ranges between \u20ac1,200 and \u20ac1,600 in Lisbon, around \u20ac1,900 in Warsaw, approximately \u20ac600 in Tirana, and between \u20ac2,000 and \u20ac2,500 in Rome.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cSomeone earning 120,000 dinars may still have some money left after paying basic housing expenses of around 70,000 dinars. However, citizens earning 60,000 dinars do not have enough purchasing power even to satisfy their basic existential needs, which essentially constitutes poverty,\u201d Dra\u0161kovi\u0107 concluded.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><mark style=\"background-color:#FFFFFF;color:#d21414\" class=\"has-inline-color\">MORE TOPICS:<\/mark><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/alimpijevic-announced-an-important-decision-nikola-jokic-is-the-new-captain-of-the-serbian-national-basketball-team\/\" target=\"_blank\" rel=\"noopener\" title=\"\">ALIMPIJEVIC ANNOUNCED AN IMPORTANT DECISION: Nikola Jokic is the new captain of the Serbian national basketball team!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/horror-in-zagreb-man-65-shot-at-three-children-with-an-air-rifle-after-an-argument-one-wounded\/\" target=\"_blank\" rel=\"noopener\" title=\"\">HORROR IN ZAGREB: Man (65) shot at three children with an air rifle after an argument, one wounded!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/bogdanovic-se-izvinio-zbog-rasistickog-ispada-skandal-na-nacionalnoj-televiziji-obisao-planetu-oglasio-se-i-rts\/\" target=\"_blank\" rel=\"noopener\" title=\"\">BOGDANOVIC APOLOGIZED FOR THE RACIST INCIDENT: Scandal on national television went around the planet, RTS also spoke out!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/robbery-on-belgrade-streets-a-group-intercepted-a-teenager-16-on-the-street-stabbed-him-with-a-knife-because-he-refused-to-hand-over-the-money\/\" target=\"_blank\" rel=\"noopener\" title=\"\">ROBBERY ON BELGRADE STREETS: A group intercepted a teenager (16) on the street, stabbed him with a knife because he refused to hand over the money!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/serbiantimes.info\/en\/red-meteo-alarm-paralyzed-europe-heatwave-ravages-the-old-continent-temperatures-over-40-degrees\/\" target=\"_blank\" rel=\"noopener\" title=\"\">RED METEO ALARM PARALYZED EUROPE: Heatwave ravages the Old Continent, temperatures over 40 degrees!<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong><strong>Source<\/strong><\/strong><\/strong>: <a href=\"https:\/\/www.danas.rs\/vesti\/ekonomija\/beograd-stanovi-skup-plata-jaz-troskovi\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Danas<\/a>; <strong>Foto<\/strong>: Pixabay<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Belgrade has ranked among the European capitals where the gap between average salaries and the real cost of living is the widest, according to a 2026 study conducted by the British financial portal Tradingpedia. Analyzing affordability indicators across 37 European capitals, economist Michael Fisher\u2019s report placed Serbia among the countries where a \u201ccomfortable life\u201d remains [&hellip;]<\/p>\n","protected":false},"author":2169,"featured_media":212975,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"footnotes":""},"categories":[7],"tags":[253,13232,349,1525,113,7461,13233],"class_list":["post-212974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-serbia","tag-beograd","tag-cena-zivota","tag-ekonomija","tag-novac","tag-srbija","tag-troskovi","tag-zivotni-standard","entry"],"aioseo_notices":[],"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Serbiantimes.info EN","distributor_original_site_url":"https:\/\/serbiantimes.info\/en","push-errors":false,"_links":{"self":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts\/212974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/users\/2169"}],"replies":[{"embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/comments?post=212974"}],"version-history":[{"count":3,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts\/212974\/revisions"}],"predecessor-version":[{"id":213005,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/posts\/212974\/revisions\/213005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/media\/212975"}],"wp:attachment":[{"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/media?parent=212974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/categories?post=212974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/serbiantimes.info\/en\/wp-json\/wp\/v2\/tags?post=212974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}