Location Factors

Nis

The location factor for Nis (Serbia) is 0.47, based on local living costs.

This means a РСД 3,366,383 per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to РСД 3,905,005.

You can also start a calculation based on Nis.

Name Nis
🇷🇸
Serbia
Chosen Factor 0.47 0.54* 0.57 0.66*
Market Rates unavailable 0.15 0.18*
Consumer Price Index 0.47 0.54* 0.57 0.66*
Rent Index* 0.18 0.21* 0.31 0.36*
Consumer Price Plus Rent Index 0.39 0.45* 0.50 0.58*
Groceries Index 0.43 0.49* 0.54 0.63*
Restaurant Price Index* 0.40 0.46* 0.51 0.60*
Local Purchasing Power Index* 0.39 0.45* 0.35 0.41*
Buffer Location Bracket* D D
Currency Serbian Dinar (RSD)
Income Tax* 10% to 25%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on National Sources. Living costs based on Numbeo.

Other locations in Serbia

City Factor Based On
Belgrade 0.60 0.70* Living Costs
Novi Sad 0.57 0.66* Living Costs
create calculation* If taxes paid in Germany instead.