Greece is cheaper to live in than many other places in Europe. But those planning to work in the country need to be aware that incomes are super low, which means that getting by on a local salary can be challenging.

According to livingcost.org, the average monthly salary after taxes in Greece is $879, which is enough to cover living expenses for 0.9 months.

The cost of living in the country is $1,008, the site says, which is 1.05 times more expensive than the world average. Greece ranked 65th out of 197 countries by the cost of living and the 40th best country to live in.

Numbeo.com points out that the living expenses in Greece are, on average, 18.21 percent lower than in the United States, with rents also 69.42 percent lower.

Get out the pen and paper, below are some indicative daily costs (in euros) when living in Greece. The complete list from Numbeo.com can be seen here.

Restaurants

Meal at an inexpensive restaurant- 10.00 euros

Meal for 2 People, Mid-range Restaurant, Three-course- 37 euros

Domestic Beer (0.5 liter draught) 4 euros

Imported Beer (0.33 liter bottle) 4 euros

Cappuccino (regular) 2.86 euros

Coke/Pepsi (0.33 liter bottle) 1.74 euros

Water (0.33 liter bottle) 0.50 euros

Markets

Milk (regular), (1 liter) 1.19 euros

Loaf of Fresh White Bread (500g) 0.87 euros

Rice (white), (1kg) 1.66 euros

Eggs (regular) (12) 3.10 euros

Local Cheese (1kg) 7.96 euros

Chicken Fillets (1kg) 6.74 euros

Beef Round (1kg) (or Equivalent Back Leg Red Meat) 9.11 euros

Apples (1kg) 1.57 euros

Banana (1kg) 1.54 euros

Oranges (1kg) 1.07 euros

Cigarettes 20 Pack (Marlboro) 4.60 euros

Transportation

One-way Ticket (Local Transport) 1.30 euros

Monthly Pass (Regular Price) 30 euros

Taxi Start (Normal Tariff) 3.50 euros

Taxi 1km (Normal Tariff) 1 euro

Taxi 1hour Waiting (Normal Tariff) 12 euros

Gasoline (1 liter) 1.61 euros

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,850 euros

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 19,038.97 euros

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 152.77 euros

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.42 euros

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 33.23 euros

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult 34.92 euros

Tennis Court Rent (1 Hour on Weekend) 16.27 euros

Cinema, International Release, 1 Seat 8 euros

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 318.60 euros

International Primary School, Yearly for 1 Child 6,245.18 euros

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar) 69.28 euros

1 Summer Dress in a Chain Store (Zara, H&M, …) 29.86 euros

1 Pair of Nike Running Shoes (Mid-Range) 69.81 euros

1 Pair of Men Leather Business Shoes 88.06 euros

Rent Per Month

Apartment (1 bedroom) in City Centre 341.37 euros

Apartment (1 bedroom) Outside of Centre 288.44 euros

Apartment (3 bedrooms) in City Centre 579.64 euros

Apartment (3 bedrooms) Outside of Centre 482.82 euros

Buy Apartment Price

Price per Square Meter to Buy Apartment in City Centre 1,595.92 euros

Price per Square Meter to Buy Apartment Outside of Centre 1,343.01 euros

This article was first published here. 

For more Real Estate News & Views on Greece and Europe’s South, head to The Greek Guru.

Stelios Bouras

A journalist for nearly two decades, Stelios has covered everything in the Greek capital, ranging from the politics and the economy to dancing architects and the souvlaki. Writing is his passion. After covering Greece for The Wall Street Journal and Reuters, he is now narrowing in on real estate and architecture. He believes that homes are more than a place to eat and sleep in and that light, design and space shape lives, along with the features of a building. Originally from Melbourne, he knows how to break down complex Greek issues into easy to understand stories for a foreign audience. He writes on real estate and the economy on his blog GreekGuru.net

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