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.