Cost of Living in Greece
Last updated on Mar 10, 2024
Summary: The cost of living in Greece is generally considered to be quite reasonable. A nice one bedroom apartment in Greece can cost anywhere from $500 to $1,000 per month, while a nice two bedroom apartment can cost from $700 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Greece is usually around $20 per person.
Is the cost of living in Greece high?
We asked people how much they someone comfortably live on in Greece, they wrote:
"The cost of living in Greece is generally considered to be quite reasonable. Prices for basic necessities such as food, transportation, and housing are generally lower than in other European countries. However, the cost of living can vary significantly depending on the city and region. For example, living in Athens is more expensive than living in smaller cities or rural areas. Additionally, the cost of living can be higher in tourist areas due to the increased demand for goods and services," said one expat in Greece.
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Will I save money living in Greece?
"Living in Greece can be more affordable than living in the United States in some areas. The cost of living in Greece is generally lower than in the United States, with groceries, transportation, and entertainment being particularly inexpensive. Additionally, housing costs in Greece are often lower than in the United States, making it a great option for those looking to save money," remarked one in Greece.
"In some ways exceeded them, and other ways not. Living on an island is dependent on transport by sea mainly, and bad weather, strikes etc. can be frustrating," explained one expat.
What is the average cost of housing in Greece?
If you are thinking about moving to Greece, cost of living in probably a key consideration. Expats commented about the cost of housing:
"As mentioned, you can find relatively cheap properties that need a great deal of refurbishment which can end up costing more than a move in ready house," explained one expat.
"The cost of housing in Greece varies depending on the location and type of property. Generally, the cost of renting an apartment in Greece is relatively affordable compared to other European countries, with prices ranging from around €400 to €1,000 per month. Buying a property in Greece can be more expensive, with prices ranging from €50,000 to €500,000 depending on the size and location," said one person in Greece.
What are typical rental prices for expats in Greece?
"The rental price for a nice 1 bedroom apartment in Greece can vary depending on the location, but generally ranges from around $500 to $1,000 per month. For a nice 2 bedroom apartment, the rental price can range from around $800 to $1,500 per month," wrote one expat.
What appliances are typically included in a rental?
We asked foreigners in Greece what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Greece typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a dishwasher, microwave, and air conditioning unit. Furniture is usually not included in the rental, but some landlords may provide basic furnishings such as a bed, sofa, and dining table," said an expat in Greece.
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.
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