Last update: Oct 2026

Cost of Living Comparison Between Hanko and Belgrade

For one person, living is cheaper in Belgrade: $1,574 a month against $1,845 in Hanko, rent and utilities included – about $3,300 less a year. The total is higher in Hanko despite lower rent and utilities.

89

Cost of Living Index in Hanko
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Hanko Living Index
76

Cost of Living Index in Belgrade
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Belgrade Living Index

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Hanko

🇫🇮 Finland

$1,845

/mo nomad

Belgrade

🇷🇸 Serbia

$1,574

/mo nomad

Monthly Cost of Living

How much you'll spend in Hanko and in Belgrade

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

A single person spends $1,845 per month in Hanko vs $1,574 in Belgrade, rent included.

Hanko $1,845
Belgrade $1,574

A couple spends around $2,870 per month in Hanko vs $2,376 in Belgrade, rent included.

Hanko $2,870
Belgrade $2,376

A family of three spends $3,894 per month in Hanko vs $3,178 in Belgrade, rent included.

Hanko $3,894
Belgrade $3,178

Hanko costs about 17% more than Belgrade, and outside of rent the biggest gap is in groceries.

Both Hanko and Belgrade sit above the global median – Hanko by 36%, Belgrade by 16%.

Meal at Budget Restaurant

$16.24 €14.45

$13.44 RSD 1,401

20.83%

Three-Course Dinner for Two, Mid-Range

$88.7 €78.9

$57.8 RSD 6,029

53.32%

Fast Food Meal (McDonalds, etc)

$11.59 €10.31

$13.23 RSD 1,380

-12.40%

Cappuccino

$5.32 €4.73

$3.10 RSD 323

71.61%

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

$3.00 €2.67

$2.73 RSD 285

9.89%

Water (0.33 liter bottle)

$1.92 €1.71

$2.31 RSD 241

-16.88%

Local Beer (0.5 liter draught)

$7.61 €6.77

$3.54 RSD 369

114.97%

Imported Beer (0.33 liter bottle)

$8.91 €7.92

$4.13 RSD 430

115.74%

Milk (1 liter)

$1.29 €1.15

$1.45 RSD 151

-11.03%

White Bread (500g)

$2.67 €2.37

$1.18 RSD 123

126.27%

Rice (white) (1kg)

$2.49 €2.22

$2.61 RSD 272

-4.60%

Eggs

$3.19 €2.84

$2.78 RSD 289

14.75%

Local Cheese (1kg)

$9.05 €8.05

$11.23 RSD 1,171

-19.41%

Chicken Fillets (1kg)

$13.99 €12.44

$6.72 RSD 701

108.18%

Beef Round Steak (1kg)

$21.10 €18.77

$15.22 RSD 1,586

38.63%

Apples (1kg)

$2.34 €2.08

$1.59 RSD 166

47.17%

Banana (1kg)

$2.12 €1.89

$1.84 RSD 191

15.22%

Oranges (1kg)

$2.54 €2.26

$1.83 RSD 191

38.80%

Tomato (1kg)

$3.90 €3.47

$3.10 RSD 324

25.81%

Potato (1kg)

$1.26 €1.12

$0.95 RSD 98.8

32.63%

Onion (1kg)

$1.92 €1.71

$0.72 RSD 75.1

166.67%

Lettuce (1 head)

$2.81 €2.50

$0.75 RSD 77.8

274.67%

Water (1.5 liter bottle)

$1.96 €1.74

$0.69 RSD 72.4

184.06%

Cigarettes 20 Pack (Marlboro, Camel)

$12.95 €11.52

$4.76 RSD 496

172.06%

Wine (Bottle)

$16.10 €14.32

$8.43 RSD 878

90.98%

Local Beer (0.5 liter bottle)

$3.04 €2.71

$0.94 RSD 97.8

223.40%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$1.53 RSD 159

122.22%

One-way Ticket (Public Transport)

$3.25 €2.89

Public Transport Monthly Pass (Regular Price)

$64.7 €57.5

Taxi Start (Normal Tariff)

$4.29 €3.82

$2.99 RSD 312

43.48%

Taxi (Normal Tariff) (1km)

$1.31 €1.16

$1.02 RSD 106

28.43%

Taxi 1hour Waiting (Normal Tariff)

$66.6 €59.3

$17.54 RSD 1,828

279.87%

Gasoline (1 liter)

$2.35 €2.09

$1.85 RSD 193

27.03%

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

$36.4K €32.3K

$30.5K RSD 3.2M

19.35%

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

$36.4K €32.3K

$23.7K RSD 2.5M

53.39%

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

$130 €116

$219 RSD 22.9K

-40.75%

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

$24.93 €22.17

$24.82 RSD 2,588

0.44%

Internet (50+ Mbps, Unlimited Data)

$23.64 €21.02

$35.79 RSD 3,731

-33.95%

Gym Membership (Monthly)

$43.34 €38.55

$41.37 RSD 4,313

4.76%

Tennis Court (1 Hour on Weekend)

$22.16 €19.71

$22.96 RSD 2,394

-3.48%

Cinema Ticket

$17.97 €15.99

$8.32 RSD 867

115.99%

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

$335 €298

$423 RSD 44.1K

-20.80%

International Primary School, 1 Child (Yearly)

$12.4K €11.1K

$11.4K RSD 1.2M

9.02%

Jeans (Levis 501 Or Similar)

$96.8 €86.1

$111 RSD 11.6K

-13.03%

Summer Dress (H&M, Zara, etc)

$48.95 €43.54

$47.48 RSD 4,950

3.10%

Sport Shoes (Adidas, Nike)

$102 €91.0

$116 RSD 12.1K

-11.75%

Men's Leather Business Shoes

$151 €134

$158 RSD 16.4K

-4.46%

1-bedroom Apartment, City Center (Monthly)

$785 €698

$823 RSD 85.8K

-4.60%

1-bedroom Apartment, Outside City Center (Monthly)

$642 €571

$560 RSD 58.3K

14.72%

3-bedroom Apartment, City Center (Monthly)

$1,225 €1,090

$1,485 RSD 154.8K

-17.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,032 €918

$969 RSD 101.1K

6.43%

Buy Apartment in City Center (m2)

$4,038 €3,592

$5,489 RSD 572.2K

-26.43%

Buy Apartment Outside City Center (m2)

$2,106 €1,874

$3,193 RSD 332.8K

-34.02%

Average Monthly Net Salary (After Tax)

$4,380 €3,896

$1,214 RSD 126.5K

260.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.51

4.61

-23.86%

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

Last update for Hanko: October 19, 2026

Last update for Belgrade: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Hanko

$642 34.8%

Belgrade

$560 35.6% 12.8% $82

Groceries & Markets

Hanko

$373 20.2%

Belgrade

$243 15.4% 35% $131

Eating Out

Hanko

$304 16.5%

Belgrade

$231 14.7% 24.2% $74

Clothing & Footwear

Hanko

$179 9.7%

Belgrade

$195 12.4% 8.4% $15

Monthly Utilities & Internet

Hanko

$179 9.7%

Belgrade

$280 17.8% 56.8% $101

Getting Around

Hanko

$89 4.8%

Belgrade

$8.1 * 0.5% 90.9% $80

Sport & Entertainment

Hanko

$79 4.3%

Belgrade

$58 3.7% 26.8% $21

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

Cost Breakdown

A central one-bedroom costs $785 in Hanko versus $823 in Belgrade. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 261% higher in Hanko, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $89.0 in Hanko versus $58.0 in Belgrade. Monthly groceries follow the same trend: $373 vs $243 – making Belgrade the more affordable choice for daily food spending.

Good to know

🇫🇮 Hanko

🇷🇸 Belgrade

🕒 Local time

23:22 11:22 PM

22:22 10:22 PM

1 h behind Hanko

🌤 Weather

👥 Population

8,000

1,197,714 Capital

💱 Currency

Euro EUR €

Serbian Dinar RSD din

📈 Exchange rate

1 EUR = 1.12 USD

1,000 RSD = 9.59 USD

1,000 RSD = 8.53 EUR

Exchange rates and currency converter

RSD, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Serbian Dinar exchange rates as of October 20, 2026: 1 USD = 104 RSD (1,000 RSD = 9.59 USD). 1 EUR = 117 RSD (1,000 RSD = 8.53 EUR).

USD to EUR in detail →

On the map

Lowest

Highest

Between locations

Hanko Belgrade 1,680 km ≈ 2 h 30 min nonstop flight

From you

Hanko
Belgrade

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

Hanko vs Belgrade: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,845 in Hanko, $1,574 in Belgrade – roughly 17% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $2,768 per month in Hanko and $2,360 in Belgrade. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Belgrade, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $89.0 in Hanko and $58.0 in Belgrade. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 54% more in Hanko, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Belgrade, where all-in costs run around $1,574, than in Hanko at $1,845. In Belgrade it covers expenses comfortably, while in Hanko it requires careful planning or may not stretch far enough.

Families tend to lean toward Belgrade – 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 Belgrade. If higher salaries, better infrastructure, or specific career opportunities are the priority, Hanko makes more sense. Both are solid long-term options with distinct trade-offs.