Kefalonia, GreeceCost of Living in Kefalonia
Summary: If you're moving to Kefalonia, understanding the the cost of living in Kefalonia helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
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Monthly Budget for Retirees in Kefalonia
"The cost of living in Kefalonia is generally considered to be lower than in many other European countries. Rent, in particular, is quite affordable, especially when compared to larger cities. The cost of groceries is also relatively low, with local markets offering fresh produce at reasonable prices. Eating out at restaurants can be inexpensive as well, particularly if you choose traditional Greek tavernas over more tourist-oriented establishments. Utilities such as electricity, water, and internet are also reasonably priced. However, the cost of gasoline can be quite high, which may affect those who plan to drive regularly. Overall, while the cost of living can vary depending on lifestyle and specific location within Kefalonia, it is generally seen as an affordable place to live," said one expat living in Kefalonia.
Can I live in Kefalonia on $1,500 a month?
"I've been living in Kefalonia for a while now, and I can tell you that it's possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find an affordable neighborhood to live in. I recommend looking into areas like Argostoli, Lixouri, or Sami, as they tend to have more reasonably priced housing options. You might have to settle for a smaller apartment or a place that's a bit further from the city center, but it's definitely doable.As for utilities and other expenses, you'll need to be mindful of your usage. Electricity can be quite expensive, so try to use energy-efficient appliances and be conscious of turning off lights and electronics when not in use. Water is relatively cheap, but it's still a good idea to conserve where you can.When it comes to groceries, you'll find that local markets and smaller shops tend to have better prices than larger supermarkets. Plus, the produce is usually fresher and more flavorful. Eating out can be affordable if you stick to local tavernas and avoid touristy areas, but you'll still want to limit how often you do so to save money.Transportation costs can add up, so consider using public transportation or even walking or biking when possible. Owning a car can be expensive, especially when you factor in gas, insurance, and maintenance costs.As for entertainment and leisure activities, there are plenty of free or low-cost options available. Kefalonia has beautiful beaches, hiking trails, and historical sites that you can explore without spending a fortune. You might have to cut back on more expensive hobbies or activities, but there's still plenty to enjoy on the island.In terms of sacrifices, you might have to give up some of the modern amenities you're used to, like high-speed internet or cable TV. You'll also need to be more budget-conscious when it comes to shopping, dining out, and entertainment. But overall, I think it's possible to live comfortably on $1,500 a month in Kefalonia if you're willing to make some adjustments and prioritize your spending," commented an expat living in Kefalonia.
Can I live in Kefalonia on $3,500 a month?
"I've been living in Kefalonia for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, but you'll have to make some adjustments to your lifestyle. First, you'll want to avoid the more expensive neighborhoods like Fiskardo and Assos, as they cater more to tourists and have higher prices. Instead, consider more affordable areas like Argostoli, Lixouri, or Sami. These towns have a more local feel and offer a good balance between modern amenities and affordability.One of the sacrifices you'll have to make is adjusting your expectations when it comes to housing. While you can find modern apartments and houses, they might not have all the amenities you're used to, like central heating or air conditioning. You'll also need to be prepared for the occasional power outage or water shortage, as the island's infrastructure isn't as reliable as in more developed countries.Another thing to consider is transportation. While Kefalonia has a public bus system, it's not very extensive, and you might find it more convenient to rent or buy a car. Keep in mind that gas prices can be higher than what you're used to, so factor that into your budget.When it comes to groceries and dining out, you'll find that local produce and products are quite affordable, but imported goods can be more expensive. Eating out at local tavernas is generally affordable, but if you're looking for more upscale dining options, you might need to budget accordingly.Finally, you'll need to adjust your expectations when it comes to entertainment and leisure activities. While there are plenty of beautiful beaches, hiking trails, and historical sites to explore, you won't find many shopping malls, movie theaters, or other modern entertainment options. Instead, you'll need to embrace the slower pace of life and enjoy the natural beauty and local culture that Kefalonia has to offer.Overall, living in Kefalonia on $3,000 a month is doable, but it requires some adjustments to your lifestyle and expectations. By choosing an affordable neighborhood, being mindful of your spending, and embracing the local way of life, you can enjoy a comfortable and fulfilling life on this beautiful Greek island," said one expat living in Kefalonia.
Can I live in Kefalonia on $5,000 a month?
"I've been living in Kefalonia for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, especially if you're used to modern amenities. However, there might be some sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll want to choose an affordable neighborhood to live in. Some of the more budget-friendly areas in Kefalonia include Lixouri, Sami, and Argostoli. These towns have a good mix of local amenities, such as supermarkets, restaurants, and cafes, while still being relatively affordable in terms of rent. On the other hand, you might want to avoid more expensive neighborhoods like Fiskardo and Assos, as these are popular tourist destinations and tend to have higher living costs.In terms of housing, you can find a decent apartment or house for around $1,000 to $1,500 a month, depending on the location and size. If you're willing to live a bit further from the town center or in a smaller space, you can find even cheaper options. Just make sure to factor in utility costs, which can vary depending on the season and your usage.When it comes to transportation, owning a car can be quite expensive due to high taxes and insurance costs. However, public transportation is limited on the island, so you might want to consider getting a scooter or a small motorcycle, which are more affordable and easier to maintain. This will allow you to explore the island and get around without breaking the bank.Eating out can also be quite affordable if you stick to local tavernas and avoid touristy restaurants. You can find delicious, traditional Greek meals for around $10 to $15 per person. Of course, cooking at home will be even cheaper, and you can find fresh, local produce at the markets for reasonable prices.One sacrifice you might have to make is adjusting to the slower pace of life on the island. While you'll have access to modern amenities, things might not be as efficient or fast-paced as you're used to. However, this can also be a blessing in disguise, as it allows you to truly relax and enjoy the beautiful surroundings.Overall, living in Kefalonia on $5,000 a month is definitely doable, and you can still enjoy a comfortable lifestyle with some minor adjustments. Just be mindful of your spending, choose an affordable neighborhood, and embrace the laid-back island life," commented an expat living in Kefalonia.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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