The location factor for Serbia is 0.57, based on national living costs.
This means a РСД 4,075,624 per year salary would roughly
be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to РСД 4,727,724.
It would be РСД 1,100,136 based on market rates, РСД 1,276,158 with taxes paid in Germany.
You can also start a calculation based on Serbia.
|Chosen Factor||0.57 0.66*|
|Market Rates||0.15 0.18*|
|Consumer Price Index||0.57 0.66*|
|Rent Index*||0.31 0.36*|
|Consumer Price Plus Rent Index||0.50 0.58*|
|Groceries Index||0.54 0.63*|
|Restaurant Price Index*||0.51 0.60*|
|Local Purchasing Power Index*||0.35 0.41*|
|Buffer Location Bracket*||D|
|Currency||Serbian Dinar (RSD)|
|Income Tax*||10% to 25%|
Locations in Serbia
|Belgrade||0.60 0.70*||Living Costs|
|Nis||0.47 0.54*||Living Costs|
|Novi Sad||0.57 0.66*||Living Costs|