Utilities: Utilities are an area worth focusing on because this is one area that can fluctuate and leave you with unpleasant surprises. Be sure to ask around for the laiki in your neighborhood. The quality of the food is amazing and the experience of walking up and down the colorful isles of olives, tomatoes, eggplants, legumes, and so forth is both fun and economical. but often at a fraction of the cost, laiki markets are held outdoors and follow a seasonal schedule. These markets offer fresh, locally grown produce, eggs, nuts, and some other basic staples like rice and beans. With a little bit of effort, you can lower your food bill by going to the laiki (Greek for “people’s market”) where farmers and producers sell their goods directly to you. Groceries: The cost of food at regular supermarkets feels roughly equivalent to the U.S. You can check websites like to get a sense of prices. Apartments range from modern with updated kitchens and bathrooms to rustic with handheld showerheads and old-fashioned fixtures that may make you feel like you’re in a vintage movie. In Athens, you can rent a comfortable one-bedroom apartment for under $650 and if you live in a smaller city or a village, rent can be under $350. Since rent or a mortgage is usually your highest monthly expense, this makes a big difference in your budget. On average, the cost of rent in Greece is approximately 70% lower than in the U.S. Depending on your lifestyle preferences, you can find something that suits your needs, but if a low cost of living is your primary goal, the smaller towns and villages tend to be less expensive. Apart from these two metropolitan areas, there are lots of mid-size towns and many tiny villages. The next biggest city, Thessaloniki, has 812,000 residents. Athens, the capital, is home to 3.2 million people and is by far the most populous city in thecountry. With a population of under 11 million, even the big cities in Greece aren’t that large on a worldwide scale. Rent: Your first major decision is where to live. From housing to dining out, healthcare to hair care, the average cost of living in Greece is significantly lower than the U.S.īelow we outline the basic costs, a sample budget, and a few areas to watch out for to avoid any costly surprises.Īre you interested in retiring abroad? Yes | Not Sure Yet If the great Mediterranean weather, amazing food, hospitable people, and the opportunity to island-hop wasn’t already enough, the cost of living may be one more reason to lure you to Greece. Cost of Living in Greece 2023 - Monthly Budget for Living Expenses
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