Last update: Oct 2026

Cost of Living Comparison Between Mindelo and Belgrade

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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Mindelo

🇨🇻 Cape Verde

$391

/mo nomad

Belgrade

🇷🇸 Serbia

$1,538

/mo nomad

Monthly Cost of Living

How much you'll spend in Mindelo 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 Mindelo and in Belgrade actually costs, broken down by who's living it.

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

Mindelo $391
Belgrade $1,538

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

Mindelo $903
Belgrade $2,321

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

Mindelo $1,414
Belgrade $3,105

Mindelo is about 75% cheaper than Belgrade, and outside of rent the biggest gap is in clothing.

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

Meal at Budget Restaurant

$9.09 CVE 895

$13.33 RSD 1,389

-31.81%

Three-Course Dinner for Two, Mid-Range

$55.5 CVE 5,468

$58.4 RSD 6,085

-4.93%

Fast Food Meal (McDonalds, etc)

$13.58 RSD 1,414

Cappuccino

$1.14 CVE 112

$3.13 RSD 326

-63.58%

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

$1.26 CVE 124

$2.77 RSD 288

-54.51%

Water (0.33 liter bottle)

$0.99 CVE 97.7

$2.27 RSD 237

-56.39%

Local Beer (0.5 liter draught)

$2.66 CVE 262

$3.75 RSD 390

-29.07%

Imported Beer (0.33 liter bottle)

$1.54 CVE 152

$4.38 RSD 456

-64.84%

Milk (1 liter)

$1.50 CVE 148

$1.40 RSD 146

7.14%

White Bread (500g)

$1.14 CVE 112

$1.17 RSD 122

-2.56%

Rice (white) (1kg)

$0.79 CVE 77.9

$2.71 RSD 282

-70.85%

Eggs

$2.63 CVE 259

$2.78 RSD 289

-5.40%

Local Cheese (1kg)

$15.99 CVE 1,574

$11.36 RSD 1,184

40.76%

Chicken Fillets (1kg)

$7.01 RSD 731

Beef Round Steak (1kg)

$17.45 CVE 1,717

$15.72 RSD 1,638

11.01%

Apples (1kg)

$2.23 CVE 219

$1.66 RSD 173

34.34%

Banana (1kg)

$1.96 CVE 193

$1.81 RSD 188

8.29%

Oranges (1kg)

$2.83 CVE 278

$1.83 RSD 190

54.64%

Tomato (1kg)

$3.01 CVE 297

$3.13 RSD 326

-3.83%

Potato (1kg)

$0.82 CVE 81.0

$0.88 RSD 91.3

-6.82%

Onion (1kg)

$1.72 CVE 169

$0.67 RSD 70.3

156.72%

Lettuce (1 head)

$1.00 CVE 98.0

$0.81 RSD 84.4

23.46%

Water (1.5 liter bottle)

$0.75 CVE 74.3

$0.68 RSD 70.9

10.29%

Cigarettes 20 Pack (Marlboro, Camel)

$4.97 CVE 490

$4.78 RSD 498

3.97%

Wine (Bottle)

$8.19 CVE 807

$8.54 RSD 889

-4.10%

Local Beer (0.5 liter bottle)

$1.91 CVE 188

$0.94 RSD 97.7

103.19%

Imported Beer (0.33 liter bottle)

$2.06 CVE 203

$1.44 RSD 150

43.06%

One-way Ticket (Public Transport)

$0.45 CVE 44.35

Public Transport Monthly Pass (Regular Price)

$29.95 CVE 2,948

Taxi Start (Normal Tariff)

$1.56 CVE 154

$3.09 RSD 322

-49.51%

Taxi (Normal Tariff) (1km)

$1.49 CVE 147

$1.02 RSD 107

46.08%

Taxi 1hour Waiting (Normal Tariff)

$10.28 CVE 1,012

$17.18 RSD 1,789

-40.16%

Gasoline (1 liter)

$1.75 CVE 172

$1.87 RSD 195

-6.42%

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 2,629

Internet (50+ Mbps, Unlimited Data)

$35.35 RSD 3,683

Gym Membership (Monthly)

$41.77 RSD 4,351

Tennis Court (1 Hour on Weekend)

$3.07 CVE 302

$22.80 RSD 2,375

-86.54%

Cinema Ticket

$8.47 RSD 882

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

$426 RSD 44.4K

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 4,791

Sport Shoes (Adidas, Nike)

$119 RSD 12.4K

Men's Leather Business Shoes

$154 RSD 16.0K

1-bedroom Apartment, City Center (Monthly)

$821 RSD 85.6K

1-bedroom Apartment, Outside City Center (Monthly)

$561 RSD 58.4K

3-bedroom Apartment, City Center (Monthly)

$359 CVE 35.4K

$1,511 RSD 157.4K

-76.22%

3-bedroom Apartment, Outside City Center (Monthly)

$256 CVE 25.2K

$942 RSD 98.1K

-72.81%

Buy Apartment in City Center (m2)

$5,312 RSD 553.4K

Buy Apartment Outside City Center (m2)

$3,165 RSD 329.7K

Average Monthly Net Salary (After Tax)

$1,228 RSD 127.9K

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 Mindelo: October 4, 2026

Last update for Belgrade: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Mindelo

–

Belgrade

$561 35.5%

Monthly Utilities & Internet

Mindelo

–

Belgrade

$278 17.6%

Groceries & Markets

Mindelo

–

Belgrade

$246 15.6%

Eating Out

Mindelo

–

Belgrade

$233 14.7%

Clothing & Footwear

Mindelo

–

Belgrade

$194 12.3%

Sport & Entertainment

Mindelo

–

Belgrade

$59 3.7%

Getting Around

Mindelo

–

Belgrade

$8.2 * 0.5%

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 $56.0 in Mindelo versus $58.0 in Belgrade. Monthly groceries follow the same trend: $239 vs $246 – making Mindelo the more affordable choice for daily food spending.

Good to know

🇨🇻 Mindelo

🇷🇸 Belgrade

🕒 Local time

03:51 3:51 AM

06:51 6:51 AM

3 h ahead of Mindelo

🌤 Weather

👥 Population

70,000

1,197,714 Capital

💱 Currency

Cabo Verdean Escudo CVE $

Serbian Dinar RSD din

📈 Exchange rate

1,000 CVE = 10.16 USD

1,000 CVE = 9.06 EUR

1,000 RSD = 9.6 USD

1,000 RSD = 8.56 EUR

Exchange rates and currency converter

RSD, USD, EUR to CVE – Cabo Verdean Escudo Converter

🇺🇸 United States Dollar ($)

🇨🇻 Cabo Verdean Escudo ($)

Cabo Verdean Escudo exchange rates as of October 10, 2026: 1 USD = 98.45 CVE (100 CVE = 1.02 USD). 1 EUR = 110 CVE (1,000 CVE = 9.06 EUR).

Serbian Dinar exchange rates as of October 10, 2026: 1 USD = 104 RSD (1,000 RSD = 9.6 USD). 1 EUR = 117 RSD (1,000 RSD = 8.56 EUR).

USD to CVE in detail →

On the map

Lowest

Highest

Between locations

Mindelo Belgrade 5,230 km ≈ 7 h nonstop flight

From you

Mindelo
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

Mindelo vs Belgrade: Cost of Living - Frequently Asked Questions

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

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

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

Monthly expenses with rent come to $391 in Mindelo and $1,538 in Belgrade. 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.