The cost of living in Greece


  1. Living expenses in Greece
  2. Housing
  3. Residence permit
  4. Healthcare
  5. Taxes
  6. Food
  7. Transportation
  8. Education
  9. Average salaries and social security system
  10. Entertainment
  11. Sample monthly budget

Millions of tourists come to Greece to enjoy the beauty of this country every year. Some for vacation, others in a refugee status. But there is more about Greece that makes it attractive not only for visiting but also for living on a regular basis that’s why many choose this country to retire. Many experts call Greece one of the most attractive countries for migration in the European Union. Here are some convincing reasons for moving to Greece and get employment or scholarships, or just enjoy the marvelous Aegean Sea‎ climate.

Perfect climate

Greece is a country blessed with the hospital weather. It is perfect for a trip at any time of the year. The seasons are well-defined. There are differences between temperatures in the northern region and the southern Greek islands. In general summers in Greece are long and hot, winters are short and mild. Everybody knows about the positive impact of warm, sunny weather on an individual's mental and physical health. So if you live in a cold country with the most rainfall in the world, Greece will be a perfect country to move to.

Do you want to get a residence permit in Greece?

Our managers will answer all your questions.


Picturesque scenery, the warmest water and cleanest beaches with neat and accurate seaside homes, the most exotic fruits, beautiful and hospitable people… It looks and sounds like paradise. And it is all about the Greek islands. Enjoy the view of historical buildings on Corfu and Rhodes, party hard on Mykonos, spend your honeymoon on Crete, enjoy beautiful sunsets on the island of Santorini, rent a house in Paros attired in the spirit of tranquility. The Greek islands never disappoint!

Culture and history

Greece is the cradle of European civilization. It is a country with the richest history and culture in the whole of Europe. This blessed land has an exceptionally rich heritage of ancient architecture and monuments. By the way, weren't you amazed by ancient Greek myths in your childhood?


The Greeks respect the privacy and safety of every individual. Tourists are unlikely to experience any violence. Apply basic precaution measures, and you will have no problems living here. In terms of crime rates, Greece also proves to be safer than some other countries.


The Greek diet is one of the healthiest in the world. The Greeks really know how to use olive oil for cooking: it’s in abundance in every supermarket. You will have a chance to eat lots of fruit and vegetables — which are not expensive there — and feta cheese here. Traditional Greek dishes are extremely delicious! Living in Greece is the best way to keep to a healthy diet. And if you convert the local food prices to dollars, you will be surprised how affordable a healthy menu is here. Achieve your dream body without effort!


Weather contributes a lot to the nightlife of Greece. This country is not all about romance and ancient buildings, it is also about having a good time in nightclubs. The nightlife is extremely exciting. Here you can find clubs for different ages and tastes. The most pleasant thing is that there is no entrance fee in Greece: you pay only for drinks. Clubs are open for the whole night. This country is definitely the place for party monsters!

Hospitable people

The Greeks are very lively and joyful. They are usually friendly with strangers, especially if we speak about people from small towns. The spirit of Greek hospitality is known worldwide: you will rarely have a poor reception.

The Greeks are always generous with their guests and do everything to please them. Everybody will offer a helping hand if the guest gets into trouble. The Greeks speak fluent English so there are no barriers to communication in this country.

If you travel solo, you will not have problems finding a companion among locals. They will show you the best places for visiting with the greatest amount of pleasure. You will never feel alone in Greece!

Living expenses in Greece

But the most convincing reason to become an expat in Greece is the cost of living — life is comfy here even with a humble salary. Prices for accommodation, healthcare, and food are among the lowest compared to other European countries, which is one of the side effects of the Greek economy. At the same time, this country offers high-quality standards of living. Greece has created an ideal environment for remote work, travelling, living, and even retirement. And immigration too, of course. Financial infrastructure is widely developed, so goods can be paid with credit cards even in open-air markets (laiki agoras).

Do you want to know more details about the cost of living in Greece? Then continue reading. You might also want to get a Schengen visa and enjoy a 90-day worry-free stay in Greece.


Have you already chosen where to stay? If you want to live in a big city, then Athens or Thessaloniki will be the best choice to establish your future household. But if you are obsessed with the thought of leading a quiet life with your family members, there are many mid-sized towns and small villages in Greece. Choose any place to live based on your taste! It will not cost you much as the rental price in Greece is 70% lower than in the USA. It makes a difference!

For example, in Athens, an apartment (1 bedroom) is available for about $650 per month. The cost of housing on the Greek islands is similar to Athens. For example, renting an apartment (1 bedroom) with an updated kitchen and bathroom outside the city center of Santorini (but not too far) will cost about 630$. If you want to experience life in a small city, be ready to spend about $350 monthly.

If you are a man of fortune, then buying your accommodation in Greece will be the best decision and a smart investment. The following information will be very helpful to you. The average price of the apartments is about €1,500 per m². Prices vary a lot depending on the region. For example, the price in Athens and Santorini varies from €1,000–4,000 per m², in Crete from €800–2,000 per m². There are offers on any budget!

Residence permit

You will need a residence permit (a Residence Certificate) if you plan to stay in Greece for more than 90 days. It is not so complicated to get it, all you need is patience.

Things are easier if you are a national of the European Union countries. A residence certificate for you is of unlimited validity. The list of documents needed for applying: a passport or identity card, 4 photographs, a rental contract for accommodation or title deeds, proof of sufficient income (bank statements or certificate from the employer), health insurance coverage.

After 5 years of continuous residence (or marriage to a Greek nationality) you have a chance to get citizenship.

Other nationals will need a visa to enter Greece. The visa type depends on the purpose of the visit (work, studying, etc.). If you are a foreigner and plan to stay for a longer period than you can stay with your visa, you will also need to obtain a residence permit. You have to do it within the first 2 months after your arrival. Greek authorities recommend you apply immediately because there can be delays. And if the permit is delayed, you will have to leave the country because your visa has expired. The application can be made at the town hall or local police stations.

If you are a member of the Golden Visa program, you will have to pay €4,000 for getting a residence permit. For financially independent persons this sum is €3,000. (Don’t forget that euro is the state currency in Greece.)


There are 2 healthcare options: public healthcare and private insurance. Greek healthcare expenditure per capita is about $1,501 or 1,424 in euro. And it keeps showing a decline in costs from year to year.

Public medical service provides people with emergency visits for free. People of different jobs and nationalities can get urgent medical care for free. If you pay contributions on a regular basis, you will also get help without paying anything. In other cases, you will have to pay out of your pocket or through the insurance plan provided by your employer.

Private insurance is available for everyone. Private facilities provide better equipment and English-speaking doctors.

The cost of healthcare in Greece is twice cheaper than in the USA or the EU. If you have no insurance the standard check-up will cost ~€40.

Many people admit that the quality of healthcare is very high and what is more inspiring – prices are reasonable.


In Greece all the taxes are progressive. It imposes a higher tax rate for people with higher income. Income tax scale for expats (annual):

  • first €10,000 – 9%;

  • from €10,000 to €20,000 – 22%;

  • from €20,000 to €30,000 – 28%;

  • from €30,000 to €40,000 – 36%;

  • above €40,000 – 44%.

Individual taxpayers must also pay social security, capital (on inheritance, gifts, lottery gains), value-added taxes (applying to the basic price of products and services). We also have a separate guide explaining taxation for employees and business owners residing in Greece.


If you are used to eating out, then the average cost of food for you will be around €32 per day. An average meal in a café costs ~€13. Breakfast prices are much cheaper than lunch or dinner. There are many big fast-food chains. So if you are on a tight budget, you can dine out at a fast-food restaurant.

Good news for people who enjoy cooking by themselves. Food prices are very cheap. For those who prefer eating healthy food, there are many locally-grown products. The average costs for some food:

  • a dozen of eggs – €3;

  • rice – €1.70; 

  • chicken (1 kg) – €6.75; 

  • bread (500 g) – €0.86; 

  • beef round – €9.13; 

  • potato – €0.82; 

  • milk (1 litre) – €1.18. 


Travelling throughout cities is not a problem thanks to the developed transportation system and reasonable costs. Public transport includes city buses and a metro system in Athens.

Expats can drive their cars but only if they have valid car insurance. Hiring costs are rather high. Transportation costs:

  • Bus Ticket – €1.4; 

  • Gasoline (1 litre) – €1.4; 

  • Taxi (8 km) – €12. 

It is affordable to buy a new car in Greece. For example, a new Toyota Corolla will cost about €19,000.


Most children in Greece go to public schools. Public schools are free, funded by taxes. Note, that they only provide education in the Greek language. Parents have to pay for their child's school uniform and sometimes for additional lessons.

Private and international schools are not free. These types of schools teach subjects in English and other foreign languages.

International schools and private schools cost about €7,000–13,000 per school year. The costs may vary depending on the school, age, and grade.

University education is free for Greek citizens (as well as other EU citizens). Foreigners have to pay ~€1500 per year. This is such a negligible sum, especially if compared to the USA, where students pay ~$35,000 per year.

Average salaries and social security system

A person working in Greece earns about a wage of €2,500 per month. Salaries range from €620 to €10,900 depending on the region, profession, and education of an employee. The highest income in Greece is in the following spheres: law, IT, marketing, while the lowest is in tourism, agriculture, culture, so consider the best sphere for you to land a job.

The citizens of Greece must pay 15 years' contributions to get an old-age pension. The official retirement age is 65 years. For receiving a full pension a person must accumulate 40 insurance years and be 62 years old. The unemployment rates have been gradually decreasing lately.


Greece has an enormous cultural heritage. There are thousands of museums, galleries, theatres, and cinemas in this beautiful country. Choose the one that you like best and pay a visit whenever you have time. In Greece entertainment on average costs €20 per person daily. This includes tickets to museums, cinemas, and other sightseeing expenses.

Good news for people who enjoy attending fitness clubs. The average monthly cost of a gym or a fitness club membership is €35. If you are a tennis fan, you can rent a court and have fun with your friends. The rental cost of a tennis court is about €20 per hour.

Sample monthly budget

  • Housing (one-bedroom apartment for rent in the capital) – €560; 

  • Utilities (including the Internet) – €100; 

  • Food – €300; 

  • Leisure activities – €245–300; 

  • Healthcare – €200; 

  • Incidentals – €160. 

Monthly – about €1700 

Note: the cost of living in Greece will depend only on your personal preferences in food, clothes, etc.

Greece is a perfect country for living as an expat. The cost of living is 30% less than in other European countries and the USA. Prices depend on the area you live in. For example, life on the islands is less affordable in terms of apartments, fuel, and products.

It is reasonable to buy property in Greece nowadays because the price has undergone due to the economic crisis and the Covid-19 pandemic. This country is a bargain for people who want to invest money. Come and stay in this beautiful country, you will never regret it.

Frequently Asked Questions

What is the minimum wage in Greece?

The minimum wage in Greece is currently €758 per month, but wages can vary depending on the industry and location.

What is the population of Greece?

The population of Greece is approximately 10.7 million people.

Is it safe to live in Greece?

Greece is generally considered a safe country to live in, but it's important to be aware of potential pitfalls and take necessary precautions.

What are some of the cheapest colleges and universities in Greece?

Some of the cheapest colleges and universities in Greece include the National and Kapodistrian University of Athens, the Aristotle University of Thessaloniki, and the National Technical University of Athens.

How much is the median tuition for college in Greece?

The median tuition for college in Greece is approximately €1,000 per year for undergraduate programs.

What is the spoken language in Greece?

The spoken language in Greece is Greek.

What are some important resources for people considering a move to Greece?

Some important resources for people considering a move to Greece include the Greek Ministry of Foreign Affairs website, the Greek municipality website, and expat forums and groups.

Can an American student study in Greece?

Yes, American students can study in Greece either through study abroad programs or by enrolling directly in a Greek university.

How much does it cost to fly from New York to Greece?

The cost of flying from New York to Greece can vary depending on the time of year and airline, but it typically ranges from $600-$1000 USD.

What are some popular vacation destinations in Greece?

Some popular vacation destinations in Greece include the beach towns of Santorini and Mykonos, the historic city of Athens, and the castle of Monemvasia.

How much does it cost to rent a villa in Greece for the summer?

Renting a villa in Greece for the summer can cost anywhere from €1,000 to €10,000 per week, depending on the location and amenities.

What is the pronunciation of the island "Antikythera"?

The pronunciation of the island "Antikythera" is "an-tee-ki-thee-rah."

What is the lifestyle like in rural Greece?

The lifestyle in rural Greece tends to be more laid-back and traditional compared to urban areas.

What are some popular neighborhoods in the city of Patras?

Some popular neighborhoods in the city of Patras include Psila Alonia, Agios Andreas, and Ano Poli.

What are some popular day trips to take from Athens?

Some popular day trips to take from Athens include visiting the ancient city of Olympia, the island of Anafi, and the historical site of Delphi.

How much does it cost to rent a home in Greece?

The cost of rentals in Greece can vary greatly depending on the location and the type of property you are looking for. For example, flats in Athens can range from €500 to €1,500 per month, while houses on the outskirts of the city can be rented for as little as €300 per month.

Can a UK citizen buy a property in Greece?

Yes, a UK citizen can buy a property in Greece, but they may need to obtain residency in order to do so. This can be done by staying in Greece for more than 90 days and applying for residency with the local authorities.

How much does it cost to fly to Greece from the UK?

The cost of a flight from the UK to Greece can vary depending on the time of year and how far in advance you book. However, on average, you can expect to pay around £100-£200 for a one-way ticket.

What is the average cost of a property in Greece?

The cost of properties in Greece can vary greatly depending on the location and the type of property you are looking for. For example, a small apartment in Athens can cost around €80,000, while a large villa on one of the islands can cost several million dollars.

How much does it cost to rent a bed in a shared flat in Greece?

The cost of renting a bed in a shared flat in Greece can vary depending on the location and the quality of the accommodation. However, on average, you can expect to pay around €200-€400 per month.

Where are the most affordable houses located in Greece?

The most affordable houses in Greece are usually located in small towns and villages in the countryside. For example, you can find houses for as little as €30,000 in some parts of the Peloponnese.

Who pays for utilities in a rental home in Greece?/h4>

In a rental home in Greece, it is usually the tenant who pays for utilities such as electricity, water, and heating. However, some landlords may include these costs in the rental price.

How does the cost of living in Greece compare to other countries?

The cost of living in Greece is generally lower than in other European countries, such as the UK and Germany. However, it is higher than in some other countries, such as Bulgaria and Romania.

We are here to help you get residence

    When you submit a request, you agree to our terms and conditions

    Get free advice