Living in Greece offers a blend of affordability and quality of life. Your expenses can vary greatly depending on where you choose to live and your lifestyle. On average, a monthly budget for a single person might hover around $900.
For a family of 4, the overall cost of living in Greece typically stands at around $2,100 per month. This expense is slightly lower than the average global cost of living.
Comparing Greece’s cost of living with the USA: For a single person, the cost of living in the USA averages at $2,112 per month, making it approximately 135% more expensive than Greece. A single person’s monthly food expense in Greece is roughly $280, against $426 in the USA.
Should you choose the USA over Greece, you would likely pay 50% more on dining, 45% more on transportation, and almost 2.7 times more on housing. Similarly, residing in the UK instead of Greece would entail paying 40% more on dining, 50% more on transportation, and around 2.4 times more on accommodation.
How much does accommodation cost in Greece?
The average rent in Greece, which includes utilities, is about $420 for a single person and roughly $700 for a family.
For those eyeing the city centers, a one-bedroom apartment generally costs about $350 per month. In comparison, the USA demands a much higher $1,446 per month for a similar accommodation setup, showcasing the affordability of Greece.
Outside the city centers, the rent for a one-bedroom apartment averages around $280 per month.
If you’re looking for something more spacious, a three-bedroom apartment in the city center will typically set you back about $650 per month. A furnished studio apartment in the city heart generally costs around $310 per month.
The average price per square meter to buy an apartment in the city is about $1,800.
How much does food cost in Greece?
For a single person in Greece, the monthly food budget is approximately $280.
A basic meal at an average restaurant, paired with a drink, typically costs around $10.
If you indulge in dining out about three times a week, you’d be spending an estimated $40 monthly per person.
When it comes to beverages, a cappuccino usually costs about $3.5. For those who enjoy a beer now and then, a half-liter bottle is priced at around $2.5, and a standard bottle of Coke is about $1.7.
Vegetables range between $0.9-$2 per kg, while fruits are generally priced at $1.2-$2.2 per kg. A 500-gram block of local cheese will set you back about $5, and a fresh loaf of bread is typically priced under $0.8.
How much does transportation cost in Greece?
A single person’s monthly transportation expenses in Greece average around $70.
A one-way public transportation ticket is priced at about $1.4, while a monthly pass for frequent commuters averages around $45.
Taxis in major cities usually start at approximately $1.4 per mile, with an hourly waiting rate of around $12.
If you’re considering fueling up, expect to pay about $1.70 per liter for gasoline. For those thinking of buying a car, a new Volkswagen Golf 1.4 or its equivalent in Greece is usually priced at around $24,000.