Living costs in Greece are fairly low, though it does vary significantly depending on location. The mainland is generally cheaper than the Greek islands when it comes to fuel and certain basic goods. The countryside is cheaper than cities, but there is a much smaller range of products and services.

Those looking to live in the capital should know it is the most expensive part of Greece. In Mercer's 2022 Cost of Living Survey, Athens was ranked 126th out of 227 cities worldwide. Though pricey in relation to other Greek cities, Athens is still cheaper than other European capitals such as London, Paris and Milan.


Cost of accommodation in Greece

Those looking for a home in Greece will find this to be the highest cost they'll have to bear, regardless of whether they decide to rent or buy. Still, accommodation prices in Greece are fairly low, despite increasing in recent years.

For those who have funds available, it's worth mentioning that foreigners who invest a certain amount of money in Greek property gain the right to apply for residency.


Cost of transport in Greece

Driving in Greece is notorious for being somewhere between challenging and perilous. For expats who do intend on driving their own vehicles, car insurance is a must. In the case of hiring a car in Greece, it is important to check what kind of insurance is on offer, as the costs of hiring a vehicle can be high.

The alternative is public transport. Most people who take public transport in Greece take a bus, or in Athens, the metro. Prices are reasonable, but buses can be a slow means of travel.


Cost of education in Greece

Public education in Greece is conducted in Greek. In light of this, expats who are not staying for the long term often send their children to private English-speaking international schools. However, local Greek schools can be ideal for expats intending to remain in the country for the long term.

Private schools in Greece cost more than public schools, but some provide education in English. Prices differ between individual schools, and prices go up as children progress.


Cost of groceries in Greece

Groceries in Greece are relatively affordable compared to in many European countries. Locally produced wine, cheeses and olive oil are very affordable, and laiki, weekly farmer's markets, are a great source of fresh and affordable fruits and vegetables. Imported and branded products go for more than expats might expect but are overall reasonable.


Cost of entertainment and eating out in Greece

Outside of Athens, the cost of restaurants is very reasonable as long as expats avoid tourist areas. For an authentic budget experience, expats can try delicious Greek street food like stuffed savoury pita gyros or souvlaki, or sweet loukomades, a kind of Greek doughnut ball.


Cost of living in Greece chart

Prices may vary depending on product and service provider. The list below shows average prices in Athens in October 2022.

Accommodation (monthly rent)

One-bedroom apartment in city centre

EUR 490

One-bedroom apartment outside of city centre

EUR 430

Three-bedroom apartment in city centre

EUR 840

Three-bedroom apartment outside of city centre

EUR 790

Shopping

Eggs (dozen)

EUR 4.39

Milk (1 litre)

EUR 1.72

Rice (1kg)

EUR 2.21

Loaf of white bread

EUR 1.09

Chicken breasts (1kg)

EUR 8.32

Pack of cigarettes (Marlboro)

EUR 4.79

Eating out

Big Mac Meal

EUR 8

Coca-Cola (330ml)

EUR 1.79

Cappuccino

EUR 3.27

Bottle of local beer

EUR 4

Three-course meal for two at a mid-range restaurant

EUR 50

Utilities/household

Mobile-to-mobile call rate (per minute)

EUR 0.31

Internet (uncapped ADSL or cable – average per month)

EUR 19

Basic utilities (per month for small apartment)

EUR 115

Transportation

Taxi rate (per kilometre)

EUR 0.75

Bus/train fare in the city centre

EUR 1.20

Petrol/gasoline (per litre)

EUR 2.09

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