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Greece's Cost of Living: A Complete Overview

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Greece's Cost of Living: A Complete Overview

From Dreaming to Living: This is your sign to start your life under the Greek Sun. This blog has all the information you need for a seamless transition and exciting adventures ahead, whether you're planning, arriving, or already here! Get detailed Information about the Cost of Living in Greece as well.

Accommodation Costs in Greece

Depending on the area and kind of house, the cost of housing in Greece varies greatly. In 2024 apartment rentals in big cities such as Athens and Thessaloniki can cost between 400€ and 1,100€ a month for a one-bedroom property; larger properties or luxury apartments may cost more than 1,800€ per month. However, renting a simple apartment in a rural or smaller town might be more reasonable, with monthly rates as low as 300€. 

Apartments are generally quite old with that special charm, this means also that you can expect to pay much more for a modern-style apartment. We can highly recommend Housing Anywhere to find a first short-term room or apartment. This platform makes it easy and secure to find a fast accommodation solution from abroad and gives you the chance to find something long-term on-site. For long-term rentals the following website can be very useful: Spitogatos and XE.gr. However, the best way to find accommodations, short or long-term, is to use Facebook groups.

Transportation Expenses

You definitely do not need a car in Athens unless you live far out in the suburbs and/or have family. Parking is a nightmare to find and the price of gas is expensive. Many people do have scooters or motorcycles.

The cost of transportation varies in Greece depending on lifestyle choices and personal preferences. Monthly passes for public transit, which include buses, trams, and the metro, range in price from 30€ to 50€, making them reasonably priced choices for everyday commuting. 

Here is an example of the prices for transportation around the city of Athens

  • One-way bus/metro ticket – €1.40

  • Monthly Athens transportation pass – €30

  • Day pass valid for unlimited travel - €4.10

  • 5-Day Ticket valid for unlimited travel – €8.10

  • 3-Day Tourist Tickets (including 1 trip to/from Athens Airport) – €20

3-day passes are available at the bus and metro ticket kiosks at Athens International Airport, Omonia, Syntagma, Thissio, Monastiraki, Acropolis and Piraeus stations. 

For more information on public transport in Athens visit OASA.

As for bicycles, there are not really many people who use a bike, as the infrastructure and bike lanes are also not implemented for this. 

Food and Groceries

The cost of food in Greece is relatively affordable, especially when compared to other European countries. Local markets, known as "laiki," offer fresh produce, meats, and seafood at reasonable prices. A typical grocery bill for a couple can range from €300 to €500 per month, depending on dietary preferences and shopping habits. Numbeo is a great website to compare the general living costs of different cities. This will help you make an educated choice.

Healthcare and Insurance

Greece has a well-developed healthcare system that offers both public and private solutions. For full coverage, expatriates are advised to acquire private health insurance. Depending on age and coverage levels, private health insurance can cost anywhere from €50 to €150 a month on average.

Leisure Activities in Greece

Beaches and Water Sports

Greece is a beach lover's and water sports enthusiast's dream come true with its long coastline and gorgeous islands. Scuba diving, sailing, swimming, and snorkelling are popular sports. Depending on the area, renting beach gear or making reservations for water sports excursions can be reasonably priced, ranging from €20 to €100 per activity.

Cultural and Historical Sites

Greece boasts a wealth of historical and cultural landmarks, museums, and ancient ruins dispersed around the nation. Major monuments such as the Palace of Knossos in Crete or the Acropolis in Athens charge entrance fees ranging from €10 to €20 per person. Seniors and students can get free or heavily discounted admission to several attractions.

Dining and Nightlife

Greek food is known all over the world for its mouthwatering flavours and high-quality ingredients. Greece has a wide range of tavernas, restaurants, and cafes that serve both local and foreign cuisine, making dining out a fascinating experience. Without drinks, a mid-range restaurant's average meal costs between €15 and €25 per person. Cities such as Athens and Mykonos have a thriving nightlife scene that provides a variety of bars, clubs, and live music venues for evening entertainment.

Greece: Quality Living at Affordable Prices

In conclusion, Greece offers a high quality of life at a reasonable cost, making it an attractive destination for individuals seeking a blend of cultural experiences, natural beauty, and affordable living. Whether you're considering a short-term visit or a long-term relocation, Greece has something to offer everyone.

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