EUROCOSTSCOUNTRY COMPARISON · UPDATED 2026-07-15
Lithuania vs Serbia: taxes, salary and cost of living
For someone shortlisting Lithuania and Serbia, headline tax rates tell only part of the story. The monthly household budget produces a more useful comparison.
Lithuania vs Serbia at a glance
| Indicator | Lithuania | Serbia |
|---|---|---|
| Standard VAT | 21% | 20% |
| Income tax | 20% / 25% / 32% | 10% |
| Social contributions | ~23% | 29.9% |
| Tax burden | 39.8% | ~39% |
| Average monthly salary | €2,527 | €1,366 |
| Studio rent | €582 | €420 |
| Monthly food estimate | €280 | €250 |
| Gasoline | 1.47 €/L | 1.55 €/L |
| Electricity | 0.22 €/kWh | 0.12 €/kWh |
How far does the local salary go?
Lithuania records the higher listed monthly salary. The gap is €1,161, approximately 85.0% relative to the lower figure. Within the numeric EuroCosts sample, Lithuania ranks 15 of 27 for salary and Serbia ranks 23 of 27. That ranking is useful context, but gross and net labels must be checked in the source record.
What recurring living costs reveal
Serbia has the lower listed studio rent by €162, a 38.6% difference relative to the higher rent. Lithuania sits 12 of 37 and Serbia 5 of 37 in the available low-to-high rent ranking. Serbia also has the lower food estimate, so the housing result is reinforced by groceries.
After subtracting only the listed rent and food estimates, the simplified remainder is €1,665 in Lithuania and €696 in Serbia. This leaves €969 more in Lithuania, before utilities, transport, healthcare, childcare or personal taxes not already reflected in salary.
Tax profile for employees
Tax-burden values include a range or text note for at least one country. The standard VAT comparison—21% in Lithuania and 20% in Serbia—is more directly comparable, although reduced rates differ by product.
Fuel-price impact
Lithuania has the lower listed gasoline price by €0.08 per litre. For a driver buying 50 litres a month, that headline difference is about €4 monthly, before insurance, parking and road charges.
The answer depends on your profile
The better choice between Lithuania and Serbia changes with the user: salary-led relocation favours the stronger income-to-cost balance, budget-led relocation favours recurring expenses, and business decisions require separate legal and corporate-tax analysis.
Final view: Lithuania or Serbia?
Lithuania produces the stronger simplified monthly remainder in this dataset, while Serbia leads on listed rent. That split explains why there is no universal winner.
Sources and data references
- PwC standard VAT rates
- PwC personal income tax rates
- PwC corporate income tax rates
- EuroCosts data scope and generation process
Explore Lithuania comparisons · Explore Serbia comparisons