Living and working conditions

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Living conditions

Cost of living


The cost of living in Greece is relatively low on a global level, though it is quite high relative to the income of its population. The country is ranked 209th in the world in terms of general consumer prices. With regard to restaurant prices, Greece is 192nd place, while for residential rent it ranks 271st. Finally, in terms of spending power, it is in 311th place.

On a European level, the cost of living relative to income remains rather high, since 4 out of 10 households in Greece spend 40% of their income on basic needs (EUR 796 per resident) when the corresponding European average is around 10% of income. Furthermore, while the purchasing power in the EU shows an increase of 1.9% compared with previous years, Greece remains in 22nd place in Europe.

The cost of living is higher in semi-urban and tourism areas. In non-tourism areas the cost of living is lower because of the availability of local agricultural products and lower rents.

Here are a few examples of costs, on average:

Basic costs (electricity, heating, water, council tax) for an apartment of 85 m² roughly EUR 150.00 per month

Prepaid mobile charges per minute roughly EUR 0.80

Monthly internet connection EUR 25.00 - EUR 30.00

Public transport ticket EUR 1.20

Starting fare for taxis EUR 3.40 with an 0.80 fee per kilometre

Unleaded petrol around EUR 1.50 per litre

Pack of imported cigarettes EUR 4.50

Bottle of water (500 ml) from a kiosk EUR 0.50

Bottle of milk (1 litre) from a supermarket EUR 1.20

Bottle of wine (750 ml) from a supermarket EUR 6.00

Loaf of bread EUR 0.80

Meal for 1 person in a restaurant EUR 10.00

Cappuccino coffee EUR 2.00

Local beer (500 ml) EUR 3.50

Drink in bar from EUR 5.00

Hot dog from EUR 0.90

Souvlaki (meat skewer) from EUR 2.00


Text last edited on: 07/2020

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