Last update: Oct 2026

Cost of Living Comparison Between Mumbai (Bombay) and Belgrade

For one person, living is cheaper in Mumbai (Bombay): $769 a month against $1,538 in Belgrade, rent and utilities included – about $9,200 less a year. Other living expenses account for most of the difference.

38

Cost of Living Index in Mumbai (Bombay)
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Mumbai (Bombay) Living Index
76

Cost of Living Index in Belgrade
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Belgrade Living Index

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Mumbai (Bombay)

🇮🇳 India

$769

/mo nomad

Belgrade

🇷🇸 Serbia

$1,538

/mo nomad

Monthly Cost of Living

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

A single person spends $769 per month in Mumbai (Bombay) vs $1,538 in Belgrade, rent included.

Mumbai (Bombay) $769
Belgrade $1,538

A couple spends around $1,281 per month in Mumbai (Bombay) vs $2,321 in Belgrade, rent included.

Mumbai (Bombay) $1,281
Belgrade $2,321

A family of three spends $1,793 per month in Mumbai (Bombay) vs $3,105 in Belgrade, rent included.

Mumbai (Bombay) $1,793
Belgrade $3,105

Mumbai (Bombay) is about 50% cheaper than Belgrade, and outside of rent the biggest gap is in groceries.

Mumbai (Bombay) sits 43% below the global median, while Belgrade is 15% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$5.29 ₹512

$13.33 RSD 1,389

-60.32%

Three-Course Dinner for Two, Mid-Range

$21.16 ₹2,048

$58.4 RSD 6,085

-63.78%

Fast Food Meal (McDonalds, etc)

$4.08 ₹394

$13.58 RSD 1,414

-69.96%

Cappuccino

$2.61 ₹253

$3.13 RSD 326

-16.61%

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

$0.36 ₹35.00

$2.77 RSD 288

-87.00%

Water (0.33 liter bottle)

$0.13 ₹12.56

$2.27 RSD 237

-94.27%

Local Beer (0.5 liter draught)

$2.63 ₹255

$3.75 RSD 390

-29.87%

Imported Beer (0.33 liter bottle)

$4.12 ₹398

$4.38 RSD 456

-5.94%

Milk (1 liter)

$0.73 ₹70.5

$1.40 RSD 146

-47.86%

White Bread (500g)

$0.50 ₹48.39

$1.17 RSD 122

-57.26%

Rice (white) (1kg)

$0.76 ₹73.6

$2.71 RSD 282

-71.96%

Eggs

$1.00 ₹96.9

$2.78 RSD 289

-64.03%

Local Cheese (1kg)

$5.56 ₹538

$11.36 RSD 1,184

-51.06%

Chicken Fillets (1kg)

$3.60 ₹349

$7.01 RSD 731

-48.64%

Beef Round Steak (1kg)

$15.72 RSD 1,638

Apples (1kg)

$2.15 ₹208

$1.66 RSD 173

29.52%

Banana (1kg)

$0.72 ₹69.8

$1.81 RSD 188

-60.22%

Oranges (1kg)

$1.24 ₹120

$1.83 RSD 190

-32.24%

Tomato (1kg)

$0.50 ₹48.21

$3.13 RSD 326

-84.03%

Potato (1kg)

$0.34 ₹32.59

$0.88 RSD 91.3

-61.36%

Onion (1kg)

$0.37 ₹35.51

$0.67 RSD 70.3

-44.78%

Lettuce (1 head)

$0.44 ₹42.60

$0.81 RSD 84.4

-45.68%

Water (1.5 liter bottle)

$0.28 ₹26.87

$0.68 RSD 70.9

-58.82%

Cigarettes 20 Pack (Marlboro, Camel)

$5.08 ₹491

$4.78 RSD 498

6.28%

Wine (Bottle)

$8.32 ₹805

$8.54 RSD 889

-2.58%

Local Beer (0.5 liter bottle)

$1.94 ₹188

$0.94 RSD 97.7

106.38%

Imported Beer (0.33 liter bottle)

$3.07 ₹297

$1.44 RSD 150

113.19%

Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)

$6.16 ₹596

One-way Ticket (Public Transport)

$0.22 ₹21.29

Public Transport Monthly Pass (Regular Price)

$5.61 ₹543

Taxi Start (Normal Tariff)

$0.31 ₹29.53

$3.09 RSD 322

-89.97%

Taxi (Normal Tariff) (1km)

$0.33 ₹31.47

$1.02 RSD 107

-67.65%

Taxi 1hour Waiting (Normal Tariff)

$1.54 ₹149

$17.18 RSD 1,789

-91.04%

Gasoline (1 liter)

$1.15 ₹111

$1.87 RSD 195

-38.50%

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

$15.7K ₹1.5M

$30.7K RSD 3.2M

-48.84%

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

$21.8K ₹2.1M

$24.3K RSD 2.5M

-10.07%

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

$60.7 ₹5,877

$218 RSD 22.7K

-72.10%

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

$4.39 ₹425

$25.24 RSD 2,629

-82.61%

Internet (50+ Mbps, Unlimited Data)

$8.80 ₹852

$35.35 RSD 3,683

-75.11%

Gym Membership (Monthly)

$26.08 ₹2,525

$41.77 RSD 4,351

-37.56%

Tennis Court (1 Hour on Weekend)

$13.19 ₹1,277

$22.80 RSD 2,375

-42.15%

Cinema Ticket

$4.49 ₹434

$8.47 RSD 882

-46.99%

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

$114 ₹11.0K

$426 RSD 44.4K

-73.30%

International Primary School, 1 Child (Yearly)

$5,082 ₹491.9K

$11.4K RSD 1.2M

-55.42%

Jeans (Levis 501 Or Similar)

$36.13 ₹3,497

$111 RSD 11.6K

-67.49%

Summer Dress (H&M, Zara, etc)

$39.96 ₹3,867

$45.99 RSD 4,791

-13.11%

Sport Shoes (Adidas, Nike)

$54.5 ₹5,270

$119 RSD 12.4K

-54.31%

Men's Leather Business Shoes

$47.98 ₹4,644

$154 RSD 16.0K

-68.83%

1-bedroom Apartment, City Center (Monthly)

$598 ₹57.9K

$821 RSD 85.6K

-27.14%

1-bedroom Apartment, Outside City Center (Monthly)

$344 ₹33.3K

$561 RSD 58.4K

-38.61%

3-bedroom Apartment, City Center (Monthly)

$1,797 ₹173.9K

$1,511 RSD 157.4K

18.89%

3-bedroom Apartment, Outside City Center (Monthly)

$866 ₹83.8K

$942 RSD 98.1K

-8.10%

Buy Apartment in City Center (m2)

$5,811 ₹562.3K

$5,312 RSD 553.4K

9.38%

Buy Apartment Outside City Center (m2)

$2,418 ₹234.0K

$3,165 RSD 329.7K

-23.62%

Average Monthly Net Salary (After Tax)

$768 ₹74.4K

$1,228 RSD 127.9K

-37.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.29

4.61

79.83%

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

Last update for Mumbai (Bombay): October 3, 2026

Last update for Belgrade: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Mumbai (Bombay)

$344 44.9%

Belgrade

$561 35.5% 62.9% $216

Groceries & Markets

Mumbai (Bombay)

$116 15.1%

Belgrade

$246 15.6% 112% $130

Eating Out

Mumbai (Bombay)

$109 14.2%

Belgrade

$233 14.7% 113% $123

Clothing & Footwear

Mumbai (Bombay)

$80 10.5%

Belgrade

$194 12.3% 141% $113

Monthly Utilities & Internet

Mumbai (Bombay)

$74 9.6%

Belgrade

$278 17.6% 277% $204

Sport & Entertainment

Mumbai (Bombay)

$35 4.6%

Belgrade

$59 3.7% 67.5% $24

Getting Around

Mumbai (Bombay)

$8.4 1.1%

Belgrade

$8.2 * 0.5% 2.5% $0.2

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

Cost Breakdown

A central one-bedroom costs $598 in Mumbai (Bombay) versus $821 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 60% higher in Belgrade, 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 $21.00 in Mumbai (Bombay) versus $58.0 in Belgrade. Monthly groceries follow the same trend: $116 vs $246 – making Mumbai (Bombay) the more affordable choice for daily food spending.

Good to know

🇮🇳 Mumbai (Bombay)

🇷🇸 Belgrade

🕒 Local time

11:15 11:15 AM

07:45 7:45 AM

3 h 30 min behind Mumbai (Bombay)

🌤 Weather

👥 Population

12,442,373

1,197,714 Capital

💱 Currency

Indian Rupee INR ₹

Serbian Dinar RSD din

📈 Exchange rate

1,000 INR = 10.33 USD

1,000 INR = 9.21 EUR

1,000 RSD = 9.6 USD

1,000 RSD = 8.56 EUR

Exchange rates and currency converter

RSD, USD, EUR to INR – Indian Rupee Converter

🇺🇸 United States Dollar ($)

🇮🇳 Indian Rupee (₹)

Indian Rupee exchange rates as of October 10, 2026: 1 USD = 96.78 INR (100 INR = 1.03 USD). 1 EUR = 109 INR (1,000 INR = 9.21 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 INR in detail →

On the map

Lowest

Highest

Between locations

Mumbai (Bombay) Belgrade 5,590 km ≈ 7 h nonstop flight

From you

Mumbai (Bombay)
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

Mumbai (Bombay) vs Belgrade: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $769 in Mumbai (Bombay), $1,538 in Belgrade – roughly 100% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,153 per month in Mumbai (Bombay) and $2,307 in Belgrade. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mumbai (Bombay), 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 $21.00 in Mumbai (Bombay) 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 112% more in Belgrade, 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 Mumbai (Bombay), where all-in costs run around $769, than in Belgrade at $1,538. In Mumbai (Bombay) it covers expenses comfortably, while in Belgrade it requires careful planning or may not stretch far enough.

It depends on your priorities. Mumbai (Bombay) has an edge in some lifestyle areas, with costs from $769 in Mumbai (Bombay) to $1,538 in Belgrade. Climate, culture, job market, and personal taste all factor in.

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 Mumbai (Bombay). 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.