Potentially harmful element (PHE) contents were investigated in six species of cereals in southern Poland, with human health risk implications assessed afterwards. The PHE contents belonged to the following ranges (mg/kg wet weight): As below the limit of detection (<LOD)–0.013, Cd <LOD–0.291, Co <LOD–0.012, Cu 0.002–11.0, Hg <LOD–0.080, Ni <LOD–8.40, Pb <LOD–12.0, Sb <LOD–0.430, Tl <LOD–0.160, and Zn 5.47–67.7. The Pb and Cd contents exceeded the maximum allowable concentration (MAC) values for wheat, oat, rye, and barley in the Śląskie region. The bioaccumulation coefficient (BA) for the total PHE content in the soil indicated that cereals had no potential of PHE accumulation. Regarding the statistical daily consumption of cereals, the PHE intake rates, expressed as a percentage of permissible maximum total daily intake (% PMTDI), were the following: As 0.0003, Cd 0.193, Co 0.0003, Cu 0.075, Hg 0.424, Ni 3.94, Pb 3.16, Sb 0.23, Tl 0.27, and Zn 0.44. The total non-carcinogenic risk values (HQ) exceeded the target risk value of 1 for wheat (HQ = 13.3) and rye (HQ = 3.44). For other cereals, the total non-carcinogenic risk values decreased in the following order: barley (HQ = 0.47) > oat (HQ = 0.38) > maize (HQ = 0.02). The total non-carcinogenic risk value of the statistical daily consumption of cereals was acceptable low (HQ = 0.58). The acceptable cancer risk (CR) level of 1.0 × 10−5 investigated only for As was not exceeded under any of the intake scenarios. Concerning the mean As content in cereals consumed daily in statistical amounts the CR value was equal to 5.1 × 10−8. The health risk value according to the Pb content in cereals using the margin of exposure (MOE) approach was equal to 1.27, indicating an acceptable low risk.