Last update: Oct 2026

Cost of Living Comparison Between Belgrade and Mindelo

For one person, living is cheaper in Mindelo: $391 a month against $1,538 in Belgrade, rent and utilities included – about $13,800 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Belgrade
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Belgrade Living Index

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Belgrade

🇷🇸 Serbia

$1,538

/mo nomad

Mindelo

🇨🇻 Cape Verde

$391

/mo nomad

Monthly Cost of Living

How much you'll spend in Belgrade and in Mindelo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Belgrade and in Mindelo actually costs, broken down by who's living it.

A single person spends $1,538 per month in Belgrade vs $391 in Mindelo, rent included.

Belgrade $1,538
Mindelo $391

A couple spends around $2,321 per month in Belgrade vs $903 in Mindelo, rent included.

Belgrade $2,321
Mindelo $903

A family of three spends $3,105 per month in Belgrade vs $1,414 in Mindelo, rent included.

Belgrade $3,105
Mindelo $1,414

Belgrade costs about 293% more than Mindelo, and outside of rent the biggest gap is in clothing.

Belgrade sits 15% above the global median, while Mindelo is 71% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.33 RSD 1,392

$9.09 CVE 895

46.64%

Three-Course Dinner for Two, Mid-Range

$58.4 RSD 6,099

$55.5 CVE 5,465

5.19%

Fast Food Meal (McDonalds, etc)

$13.58 RSD 1,417

Cappuccino

$3.13 RSD 327

$1.14 CVE 112

174.56%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.77 RSD 289

$1.26 CVE 124

119.84%

Water (0.33 liter bottle)

$2.27 RSD 237

$0.99 CVE 97.7

129.29%

Local Beer (0.5 liter draught)

$3.75 RSD 391

$2.66 CVE 262

40.98%

Imported Beer (0.33 liter bottle)

$4.38 RSD 457

$1.54 CVE 152

184.42%

Milk (1 liter)

$1.40 RSD 146

$1.50 CVE 148

-6.67%

White Bread (500g)

$1.17 RSD 122

$1.14 CVE 112

2.63%

Rice (white) (1kg)

$2.71 RSD 283

$0.79 CVE 77.9

243.04%

Eggs

$2.78 RSD 290

$2.63 CVE 259

5.70%

Local Cheese (1kg)

$11.36 RSD 1,186

$15.99 CVE 1,573

-28.96%

Chicken Fillets (1kg)

$7.01 RSD 732

Beef Round Steak (1kg)

$15.72 RSD 1,641

$17.45 CVE 1,717

-9.91%

Apples (1kg)

$1.66 RSD 173

$2.23 CVE 219

-25.56%

Banana (1kg)

$1.81 RSD 189

$1.96 CVE 193

-7.65%

Oranges (1kg)

$1.83 RSD 191

$2.83 CVE 278

-35.34%

Tomato (1kg)

$3.13 RSD 327

$3.01 CVE 296

3.99%

Potato (1kg)

$0.88 RSD 91.5

$0.82 CVE 81.0

7.32%

Onion (1kg)

$0.67 RSD 70.5

$1.72 CVE 169

-61.05%

Lettuce (1 head)

$0.81 RSD 84.6

$1.00 CVE 98.0

-19.00%

Water (1.5 liter bottle)

$0.68 RSD 71.1

$0.75 CVE 74.3

-9.33%

Cigarettes 20 Pack (Marlboro, Camel)

$4.78 RSD 500

$4.97 CVE 489

-3.82%

Wine (Bottle)

$8.54 RSD 891

$8.19 CVE 806

4.27%

Local Beer (0.5 liter bottle)

$0.94 RSD 97.9

$1.91 CVE 188

-50.79%

Imported Beer (0.33 liter bottle)

$1.44 RSD 151

$2.06 CVE 203

-30.10%

One-way Ticket (Public Transport)

$0.45 CVE 44.33

Public Transport Monthly Pass (Regular Price)

$29.95 CVE 2,947

Taxi Start (Normal Tariff)

$3.09 RSD 323

$1.56 CVE 154

98.08%

Taxi (Normal Tariff) (1km)

$1.02 RSD 107

$1.49 CVE 146

-31.54%

Taxi 1hour Waiting (Normal Tariff)

$17.18 RSD 1,793

$10.28 CVE 1,011

67.12%

Gasoline (1 liter)

$1.87 RSD 196

$1.75 CVE 172

6.86%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.7K RSD 3.2M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.3K RSD 2.5M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$218 RSD 22.7K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$25.24 RSD 2,635

Internet (50+ Mbps, Unlimited Data)

$35.35 RSD 3,691

Gym Membership (Monthly)

$41.77 RSD 4,361

Tennis Court (1 Hour on Weekend)

$22.80 RSD 2,380

$3.07 CVE 302

642.67%

Cinema Ticket

$8.47 RSD 884

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$426 RSD 44.5K

International Primary School, 1 Child (Yearly)

$11.4K RSD 1.2M

Jeans (Levis 501 Or Similar)

$111 RSD 11.6K

Summer Dress (H&M, Zara, etc)

$45.99 RSD 4,802

Sport Shoes (Adidas, Nike)

$119 RSD 12.4K

Men's Leather Business Shoes

$154 RSD 16.1K

1-bedroom Apartment, City Center (Monthly)

$821 RSD 85.8K

1-bedroom Apartment, Outside City Center (Monthly)

$561 RSD 58.5K

3-bedroom Apartment, City Center (Monthly)

$1,511 RSD 157.8K

$359 CVE 35.4K

320.45%

3-bedroom Apartment, Outside City Center (Monthly)

$942 RSD 98.3K

$256 CVE 25.2K

267.76%

Buy Apartment in City Center (m2)

$5,312 RSD 554.6K

Buy Apartment Outside City Center (m2)

$3,165 RSD 330.4K

Average Monthly Net Salary (After Tax)

$1,228 RSD 128.2K

20-Year Fixed Mortgage Interest Rate (Annual %)

4.61

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Belgrade: October 3, 2026

Last update for Mindelo: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Belgrade

$561 35.5%

Mindelo

–

Monthly Utilities & Internet

Belgrade

$278 17.6%

Mindelo

–

Groceries & Markets

Belgrade

$246 15.6%

Mindelo

–

Eating Out

Belgrade

$233 14.7%

Mindelo

–

Clothing & Footwear

Belgrade

$194 12.3%

Mindelo

–

Sport & Entertainment

Belgrade

$59 3.7%

Mindelo

–

Getting Around

Belgrade

$8.2 * 0.5%

Mindelo

–

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $58.0 in Belgrade versus $56.0 in Mindelo. Monthly groceries follow the same trend: $246 vs $239 – making Mindelo the more affordable choice for daily food spending.

Good to know

🇷🇸 Belgrade

🇨🇻 Mindelo

🕒 Local time

04:46 4:46 AM

01:46 1:46 AM

3 h behind Belgrade

🌤 Weather

👥 Population

1,197,714 Capital

70,000

💱 Currency

Serbian Dinar RSD din

Cabo Verdean Escudo CVE $

📈 Exchange rate

1,000 RSD = 9.58 USD

1,000 RSD = 8.54 EUR

1,000 CVE = 10.16 USD

1,000 CVE = 9.06 EUR

Exchange rates and currency converter

CVE, USD, EUR to RSD – Serbian Dinar Converter

🇺🇸 United States Dollar ($)

🇷🇸 Serbian Dinar (din)

Serbian Dinar exchange rates as of October 10, 2026: 1 USD = 104 RSD (1,000 RSD = 9.58 USD). 1 EUR = 117 RSD (1,000 RSD = 8.54 EUR).

Cabo Verdean Escudo exchange rates as of October 10, 2026: 1 USD = 98.4 CVE (100 CVE = 1.02 USD). 1 EUR = 110 CVE (1,000 CVE = 9.06 EUR).

USD to RSD in detail →

On the map

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Between locations

Belgrade Mindelo 5,230 km ≈ 7 h nonstop flight

From you

Belgrade
Mindelo

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Belgrade vs Mindelo: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,538 in Belgrade, $391 in Mindelo – roughly 293% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $2,307 per month in Belgrade and $587 in Mindelo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $58.0 in Belgrade and $56.0 in Mindelo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,538 in Belgrade and $391 in Mindelo. That's a gap of about 293%.

A $1,500 monthly budget goes further in Mindelo, where all-in costs run around $391, than in Belgrade at $1,538. In Mindelo it covers expenses comfortably, while in Belgrade it requires careful planning or may not stretch far enough.

Families tend to lean toward Mindelo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Mindelo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Belgrade makes more sense. Both are solid long-term options with distinct trade-offs.