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Cost of Living in Santorini, Greece | Expat Exchange
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Cost of Living in Santorini, Greece

By Joshua Wood, LPC

Last updated on Jan 16, 2025

Summary: What is the cost of living in Santorini, Greece? Hear what expats, digital nomads and retirees living in Santorini have to say about the cost of housing, health insurance and general living costs.

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Is the cost of living in Santorini high?

We asked people how much they someone comfortably live on in Santorini, they wrote:

"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 in Santorini.

Will I save money living in Santorini?

"The cost of living in Santorini can be significantly lower than in many parts of the United States. This is particularly true when it comes to housing and general living expenses. Rent, for example, is often much cheaper in Santorini than in major U.S. cities. The cost of groceries, dining out, and public transportation can also be less expensive. However, it's important to note that salaries in Greece are generally lower than in the U.S., so while the cost of living may be lower, so too might be your income. Additionally, while some services and goods may be cheaper, others, like imported goods or certain types of food, may be more expensive. Therefore, whether or not you save money will depend on your lifestyle, spending habits, and income," said one expat in Santorini.

What is the average cost of housing in Santorini?

If you are thinking about moving to Santorini, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Santorini can vary greatly depending on the location and type of property. For a typical one-bedroom apartment in the city center, you might expect to pay around €800 to €1,000 per month. If you're looking to buy, prices for a standard apartment start at around €200,000. Luxury villas with a view of the caldera can cost several million euros. However, these prices can fluctuate based on the real estate market and other factors," wrote a person living in Santorini.

About the Author

Joshua Wood 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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