Cost of Living in Santorini

Category	Cost
Apartment Rentals	1-bedroom apartment in city center: €500 - €800 per month 1-bedroom apartment outside city center: €350 - €600 per month 3-bedroom apartment in city center: €900 - €1,500 per month 3-bedroom apartment outside city center: €600 - €1,000 per month
Apartment Purchases	Price per square meter in city center: €2,000 - €4,000 Price per square meter outside city center: €1,500 - €3,000
Transportation	One-way local bus ticket: €1.80 Monthly local bus pass: €30 Taxi starting tariff: €3.50 Taxi 1km tariff: €1.30 Gasoline (1 liter): €1.60
Groceries	Milk (1 liter): €1.20 Bread (500g): €1.00 Rice (1kg): €1.50 Eggs (12): €3.00 Chicken breasts (1kg): €7.00 Apples (1kg): €1.50 Tomatoes (1kg): €1.50 Water (1.5-liter bottle): €0.50
Restaurants	Meal at an inexpensive restaurant: €10 - €15 Three-course meal for two at a mid-range restaurant: €40 - €60 Fast food meal: €6 - €8 Cappuccino: €2.50 - €4.00 Beer (0.5-liter draught): €3.00 - €5.00 Water (0.33-liter bottle): €0.50 - €1.00
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
Private School Tuition	Preschool: €300 - €600 per month Elementary School: €4,000 - €8,000 per year Middle School: €5,000 - €10,000 per year High School: €6,000 - €12,000 per year

Please note that the costs provided are approximate and can vary depending on the specific area of Santorini, as well as the time of year. It's also important to consider that the island's popularity as a tourist destination can lead to higher prices during peak travel seasons.

Monthly Budget for Retirees in Santorini

"The cost of living in Santorini, is relatively high compared to other parts of Greece due to its popularity as a tourist destination. Rent for a one-bedroom apartment in the city center can be quite expensive, while outside the city center, it is slightly cheaper. The cost of utilities such as electricity, heating, cooling, and water is moderate. Groceries in Santorini can be pricey, especially for imported goods. Local products and fresh produce, however, are more affordable. Eating out in Santorini can range from moderately priced at local tavernas to very expensive at high-end restaurants, especially those with caldera views. Public transportation in Santorini is reasonably priced, but many residents choose to rent or own a car, which can add to living expenses. Gasoline prices are quite high. Health care in Santorini is less expensive than in many other European countries, but still constitutes a significant monthly expense. Overall, while the cost of living in Santorini is higher than in many other parts of Greece, it is still lower than in many major cities in Western Europe or North America. However, the high cost of living is often offset by the high quality of life and the island's natural beauty," said one expat living in Santorini.

Can I live in Santorini on $1,500 a month?

"I've been living in Santorini for a while now, and I can tell you that it's possible to live on $1,500 a month, but you'll have to make some sacrifices and adjustments to your lifestyle. First, you'll need to find a place to live that's affordable. The popular tourist areas like Oia and Fira are quite expensive, so I'd recommend looking for a place in a more residential area like Karterados or Emporio. You can find a small apartment or studio for around $500-$700 a month, but keep in mind that it might not have all the modern amenities you're used to.As for transportation, owning a car can be quite expensive due to high gas prices and limited parking in some areas. I'd recommend using public transportation or renting a scooter, which is a more affordable option. You can also walk or bike to many places, as the island is relatively small.When it comes to food, eating out at restaurants can be pricey, especially in the touristy areas. To save money, I'd suggest cooking at home and shopping at local markets for fresh produce and groceries. You can also find some affordable tavernas and gyros places in the less touristy areas.As for entertainment and activities, you'll need to be mindful of your budget. Going out for drinks or attending events can add up quickly. Instead, try to enjoy the natural beauty of the island by going for hikes, visiting the beaches, or exploring the villages. There are also some free or low-cost cultural events and festivals throughout the year that you can attend.In terms of sacrifices, you might have to give up some of the luxuries you're used to, like having a large living space, a car, or eating out frequently. However, if you're willing to adjust your lifestyle and prioritize your spending, you can definitely make it work on $1,500 a month in Santorini," commented an expat living in Santorini.

Can I live in Santorini on $3,500 a month?

"I've been living in Santorini for a while 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 sacrifices and be smart about your choices. First of all, you'll want to avoid the more touristy areas like Oia and Fira, as the cost of living there is much higher. Instead, consider looking for a place in more affordable neighborhoods like Karterados, Emporio, or even Akrotiri. These areas still offer a good quality of life and are close to amenities, but the rent and overall cost of living will be lower.One of the sacrifices you might have to make is living in a smaller space than you're used to. Apartments and houses in Santorini tend to be smaller, especially in the more affordable areas. However, you can still find some nice places with modern amenities if you're willing to compromise on size.Another thing to consider is transportation. Owning a car in Santorini can be expensive, so you might want to rely on public transportation or even rent a scooter to get around. This will not only save you money but also allow you to experience the island in a more authentic way.Eating out can also be quite expensive, especially in the touristy areas. To save money, try cooking at home more often and shopping at local markets for fresh produce. You can still enjoy the delicious Greek cuisine, but at a fraction of the cost.Finally, be prepared to adjust your lifestyle a bit. Santorini is a beautiful island, but it's also a popular tourist destination, which means that it can get crowded and expensive during the high season. To make the most of your budget, try to enjoy the more affordable activities like hiking, swimming, and exploring the island's many beautiful villages.Overall, living in Santorini on $3,000 a month is doable, but you'll need to be smart about your choices and be willing to make some sacrifices. By choosing a more affordable neighborhood, cutting back on transportation and dining costs, and adjusting your lifestyle, you can enjoy a comfortable life on this beautiful island," said one expat living in Santorini.

Can I live in Santorini on $5,000 a month?

"I've been living in Santorini 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 avoid the more touristy areas like Oia and Fira, as the cost of living there can be quite high. Instead, consider looking for a place in more affordable neighborhoods like Emporio, Kamari, or Perissa. These areas still offer a great quality of life, with access to modern amenities, but at a more reasonable cost.When it comes to transportation, owning a car can be quite expensive due to high gas prices and limited parking options in some areas. Instead, consider using public transportation or renting a scooter, which is a popular and cost-effective way to get around the island.Eating out can also add up quickly, especially in the more touristy areas. To save money, try cooking at home more often and shopping at local markets for fresh produce. When you do eat out, opt for more local tavernas rather than high-end restaurants.As for entertainment, there are plenty of free or low-cost activities to enjoy on the island, such as hiking, visiting local wineries, or spending time at the beach. However, you might have to cut back on more expensive activities like boat tours or guided excursions.Overall, living in Santorini on $5,000 a month is definitely doable, but it will require some adjustments and smart budgeting. By choosing a more affordable neighborhood, being mindful of transportation costs, and finding ways to save on food and entertainment, you can enjoy a comfortable lifestyle on this beautiful island," commented an expat living in Santorini.