Cost of Living in Naxos
Summary: If you're moving to Naxos, understanding the the cost of living in Naxos helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Category | Details | Cost |
---|---|---|
Apartment Rentals | 1-bedroom apartment in city center | €350 - €500 per month |
1-bedroom apartment outside city center | €250 - €400 per month | |
Apartment Purchases | Price per square meter in city center | €1,500 - €2,500 |
Price per square meter outside city center | €1,000 - €2,000 | |
Transportation | One-way local bus ticket | €1.40 |
Monthly local bus pass | €30 - €40 | |
Gasoline (1 liter) | €1.50 - €1.70 | |
Groceries | Milk (1 liter) | €1.00 - €1.40 |
Bread (500g) | €0.70 - €1.50 | |
Rice (1kg) | €1.00 - €2.00 | |
Chicken breasts (1kg) | €5.00 - €8.00 | |
Restaurants | Meal at an inexpensive restaurant | €10 - €15 |
Three-course meal for two at a mid-range restaurant | €40 - €60 | |
Domestic beer (0.5-liter draught) | €3.00 - €4.00 | |
Utilities | Basic utilities (electricity, heating, cooling, water, garbage) for an 85m2 apartment | €100 - €200 per month |
Internet (60 Mbps or more, unlimited data, cable/ADSL) | €25 - €40 per month | |
Mobile phone (1 minute of prepaid mobile tariff, no discounts or plans) | €0.10 - €0.20 | |
Private School Tuition | Preschool (or Kindergarten) | €300 - €500 per month |
Elementary School | €400 - €700 per month | |
Middle School | €500 - €800 per month | |
High School | €600 - €1,000 per month |
Monthly Budget for Retirees in Naxos
"The cost of living in Naxos is considered to be relatively affordable compared to other parts of Europe. Rent for a one-bedroom apartment in the city center is quite reasonable, while outside the city center, it is even cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite low. Groceries in Naxos are moderately priced, with local markets offering fresh produce, meat, and dairy at reasonable costs. Eating out at an inexpensive restaurant is also quite affordable, while a three-course meal for two people at a mid-range restaurant is slightly more expensive but still reasonable. Transportation costs in Naxos are also quite low, with affordable public transportation and reasonably priced gasoline. A monthly pass for public transportation is quite cheap. Healthcare in Naxos is also affordable, with both public and private healthcare options available at reasonable costs. Overall, the cost of living in Naxos is quite affordable, making it an attractive option for both locals and expats," said one expat living in Naxos.
Can I live in Naxos on $1,500 a month?
"I've been living in Naxos 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 Agios Prokopios, Agia Anna, or Plaka. These areas are close to the beach and have a good mix of locals and expats, so you'll feel right at home. However, you might want to avoid more expensive neighborhoods like Naxos Town or Agios Georgios, as the cost of living there can be significantly higher.In terms of housing, you'll likely need to rent a small apartment or studio, as larger homes can be quite expensive. You can expect to pay around $500-$700 a month for a decent place in one of the more affordable neighborhoods I mentioned earlier. Utilities and internet will probably cost you around $100-$150 a month, depending on your usage.For groceries, you'll need to shop at local markets and avoid imported goods, as they can be quite expensive. You can expect to spend around $300-$400 a month on groceries if you cook most of your meals at home. Eating out can be affordable if you stick to local tavernas and avoid touristy restaurants. A meal at a local taverna will usually cost you around $10-$15.Transportation is relatively cheap in Naxos, especially if you use public buses or rent a scooter. A monthly bus pass will cost you around $30, while renting a scooter can be around $200 a month. If you plan on exploring other islands or traveling to the mainland, you'll need to budget for ferry tickets, which can range from $20-$50 per trip, depending on the destination and time of year.As for entertainment and leisure activities, there are plenty of free or low-cost options in Naxos. You can spend your days at the beach, go hiking in the mountains, or explore the island's many historical sites. If you're into nightlife, you'll find that drinks at local bars are reasonably priced, usually around $5-$7 for a beer or glass of wine.Overall, living on $1,500 a month in Naxos is doable, but you'll need to be mindful of your spending and make some sacrifices. By choosing an affordable neighborhood, cooking at home, and taking advantage of the island's natural beauty and low-cost activities, you can enjoy a comfortable life in this beautiful Greek island," commented an expat living in Naxos.
Can I live in Naxos on $3,500 a month?
"I've been living in Naxos for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make some sacrifices to make it work. For example, you might not be able to dine out at fancy restaurants as often as you'd like, or you might have to cut back on some of your shopping habits. But overall, the cost of living in Naxos is quite reasonable, especially when compared to more expensive cities in Europe or the US.When it comes to finding a place to live, I'd recommend looking for an apartment in the neighborhoods of Agios Prokopios or Agia Anna. These areas are close to the beach and have a good mix of locals and expats, so you'll feel right at home. Plus, the rent prices are quite affordable, with one-bedroom apartments typically going for around $500 to $700 a month. If you're looking for something a bit more upscale, you might want to consider the neighborhood of Plaka, but keep in mind that the rent prices there can be significantly higher.As for transportation, Naxos has a decent public bus system that can get you around the island, but you might want to consider renting a car or a scooter if you plan on exploring more remote areas. Gas prices can be a bit high, but if you're only using your vehicle occasionally, it shouldn't be too much of a burden on your budget.Groceries and other everyday expenses are generally quite affordable in Naxos, especially if you shop at local markets and avoid imported goods. Eating out can be relatively inexpensive as well, with many tavernas and restaurants offering delicious, reasonably priced meals. Just be mindful of your spending and try to stick to a budget, and you should be able to live comfortably on $3,000 a month.Of course, there are always going to be some sacrifices when living on a budget, but I've found that the benefits of living in Naxos far outweigh any drawbacks. The beautiful beaches, friendly locals, and laid-back lifestyle make it a fantastic place to call home, even if you have to cut back on some of your usual luxuries," said one expat living in Naxos.
Can I live in Naxos on $5,000 a month?
"I've been living in Naxos 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. The cost of living here is generally lower than in many other European countries, so you'll find that your money goes a long way.In terms of sacrifices, you might have to make a few adjustments to your lifestyle, but nothing too drastic. For example, you might need to cook at home more often instead of eating out, as dining in restaurants can be a bit pricey. You'll also need to be mindful of your utility usage, as electricity and water can be expensive if you're not careful.As for neighborhoods, I'd recommend looking into areas like Agios Prokopios, Agia Anna, or Plaka. These are all beautiful beachside locations with a good mix of locals and expats, and they offer a range of accommodation options to suit different budgets. You'll find that rent is generally more affordable here than in some of the more touristy areas, like Naxos Town or the Chora.On the other hand, I'd probably avoid neighborhoods like Apiranthos or Filoti, as they tend to be more expensive and cater more to tourists. These areas are beautiful, but the cost of living can be significantly higher, so they might not be the best fit for someone on a $5,000 a month budget.Overall, I think you'll find that Naxos is a great place to live as an expat, and you can definitely make it work on your budget. Just be prepared to make a few lifestyle adjustments and be mindful of your spending, and you'll be able to enjoy a comfortable life on this beautiful island," commented an expat living in Naxos.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.