Cost of Living in Greece

Food and Housing

Meals in Greece are almost always healthy and eaten in smaller portions. Thus, eating in Greece would not be as expensive in comparison to other European countries. Bread, for example, is one of the staples, and it only costs 0.60 Euros, and is available on almost every corner of any Grecian city in local bakeries. These bakeries also offer a variety of pastries such as pies, cookies, and crackers.

Eating out is an option, but don’t make it a habit, especially if you like places frequented by tourists. Not only are they almost always packed, but prices are higher in those places. A simple meal with salad, main course, and a soft drink would cost about 12 Euros plus the service charge. Tipping is somewhat customary, but if you don’t feel inclined in giving, then you don’t have to.

Most grocery items are affordable. Stocking up with food items at home is best for families as cooking and eating at home is definitely cheaper than dining in restaurants. As Greece is also an agricultural country, markets offer a variety of fruits and vegetables. Meats, on the other hand, tend to be a little pricier, especially fish. The cost of a pork steak would be about seven to eight Euros, while fish prices can go up to about 45 to 65 Euros per kilo.

Property

Non-nationals of Greece or non- EU (European Union) nationals may also purchase properties in Greece. Prices are relatively lower in comparison to other European countries and the United States. Around 3000 properties have been sold to foreign nationals as of 2003.

Apartments and village homes can cost as little as 40,000-200,000 Euros for a considerably large plot of land with a swimming pool.

If you’re not ready to purchase a property then you can always lease a home. Apartments are the most popular option, as they are already furnished most of the time and can be found in convenient locations. A single bedroom apartment which comes fully-furnished would cost about 500 Euros per month.

Clothing and Services

The Grecian dress code tends to be more conservative and formal than the neighboring European countries. Styles are highly influenced by Western culture, although traditional clothes like shawls, belts, and other garments in white and gold are still available. Designer brands can also be found in malls and are priced almost the same as they are in the UK or the US.

An individual would spend an average of about 100 Euros every month for clothing, depending on need, and the choice of brands.

Education is compulsory for children aged six to fifteen and secondary schooling is fully subsidized by the government. Most expats send their children to Greek primary and secondary schools and later opt for university schooling in other EU countries.

Electricity and water supply costs about 40 Euros and 15 Euros respectively, though in some housing lease arrangements, the cost of both can be included in the monthly rent.

Telephone and Internet connections are now widely available and are mostly affordable depending on the speed. The average cost for both would be 40 Euros per month, already including charges for calls.

Transportation

Getting around the smaller towns and villages can be done on foot, especially if you’re out for some leisure time. However, for longer distances, public transportation is readily available.

The most popular and most affordable means of transportation would be through public buses. There are two kinds of public buses in Greece: The Astiko, which goes around the towns and villages of large cities like Athens and the intercity buses which go to major Greek cities. A monthly pass would cost around 35 Euros.

If you prefer owning a private vehicle, a small family car costs about 6700 Euro. A liter of gas costs about one to two Euros.

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