Cost of Living in Greece in 2020
Every year, we invite expats who are living in Greece to share their experience and tell us more about the average price of products and services in their town, city or area, so that we can help future expats planning to settle in Greece.
We would like to thank you in advance for your contribution.
Regarding accommodation, how much does it cost to rent or buy an apartment or a house in Greece?
How much do you pay on average for public transport (bus, subway, train, tram, taxi)?
How much does it cost to fill up your carÂ’s fuel tank?
Concerning your food expenses : how much do you pay for basic food items such as rice, bread, and pasta? What is the average price of your monthly food shopping?
How much does it cost to have health insurance? How much for a health specialistÂ’s consultation in Greece?
How much does childcare cost on average per month? What about school fees?
How much do you pay for electricity, gas, water, internet, mobileÂ’s subscription etc., per month?
How much do you spend on leisure in Greece (cinema,sport, etc)?
Feel free to add any other daily expenses that you have in mind.
Thank you for sharing,
³¢´Çﳦ
- Diversity and Inclusion in Greece - Guide
- Indonesian people living in Greece - 1 Reply
- Living in Greece - 3 Replies
- Cost of Living in Greece in 2021 - 3 Replies
- Living in Greece for 15 months. - 4 Replies
- Looking for living experience in Greece - 16 Replies
- Living in Greece, Nea Potidea - 1 Reply
1. Greek average income is quite low compared to the US and other EU countries, yet expenses are in many cases on a par. On average, groceries appear to be about the same as elsewhere if not marginally higher.
2. Labor/services are very lowly paid while manufactured goods such as refrigerators sinks or other household goods are on a par.
3. Compared to the US, cars are very inexpensive but that makes me wonder what might be different in their manufacture, as that seems counterintuitive.Â
4. Restaurants are nearly as expensive as those overseas, which must therefore be very expensive for a greek wage earner....and yet there are so, so many of them that are almost always packed full of people as if money is no problem! Where does all this disposable income come from? I wonder how they do it!!
5. Average rent here is very low and controlled by renters, as a result of the Greek financial disaster that drove income down the tubes, making it a much better deal to rent, than to own. Buying and owning property was once a driving force of the economy, but exorbitantly gouging property taxes have choked this market dead, leaving little incentive for new construction, which would drive desperately needed growth to a country desperately in need of growth.
6. The 24% Value Added regressive Tax (VArT) on purchased goods but also imposed on services, is criminal in that it significantly encourages a black market while it saps every person's spending capacity, giving the government money it is not ethically entitled to, other than by passing any regulation it feels it can get away with! Most importantly, it deprives the country of desperately needed capital to provide growth so that it might someday climb out of it's desperately impossible to manage debt. In the US the maximin sales tax as far as I know is 8-9% in CA where I lived and does not apply to food or services. Occasional efforts to raise that tax is met with enormous political resistance, which I find amazing not to see here. The EU VAT taxation mechanism is looked upon with horror and has prevented any such national purchasing taxation in the US as Americans watched it creep up over the years the EU. In the UK, VAT was first imposed in the 70's @ 10% and has gradually risen to 20% with exceptions but my god!! 20% in a country that is well off is just too much to swallow!! No wonder they felt like Exiting! So the cost of living in Greece is not only too high as a result of high VAT but also serves as a brake on investing in Greece not only by Greeks, but also by foreigners wishing to bring in industry or digital services, sending them to other less restrictive Third World counties.
I could go on about other stuff but on the surface, here are some factors to consider. I am not interested in arguing my points ad nauseam but here they are. I also wonder how many people actually are members of this forum, how effective is any conversation here.
Your description of how you deal with meals at restaurants is amusing and fascinating but does not shed light on the expensive habit of eating out as often as it seems most people in Athens do. The desperation of having to wait for the street markets to close so that one can take advantage of clearing prices only reflects the tragic state of the general population.
The wealthy seem to hardly care that their compatriots suffer while they take tours of the islands in their yachts. I marvel at how calm everyone is, watching the demise of their country without taking decisive action. I expected to see concerted efforts to get Greece back up on her feet when I arrived here but nothing happened at all as if things are just dandy! It certainly must have consequences to the readiness of her military, which I am sure greedy neighbors are following to see when -not if- they might take advantage.
Any crisis like the US being consumed by something like the current virus epidemic could serve as catalyst. Such events are not gradual; they are sudden and very permanent. A quick look at what happened to Cyprus confirms this. Keeping Greece in a depressed economy can have very serious consequences and while nothing happens we seem to be happy. But when things change for the worse it will be too late. Greeks are tempting fate and its not a political issue as it seems it doesn't matter who's in charge, but a cultural one. I look forward to be proved wrong as soon as something changes this status quo.
The initiator of this post being busy elsewhere, I must make this remark to you.
Thank you for your comparison with US market price. But it's absolutely not what was requested... Give us the amount you pay locally for each point.
You must understand that an expat coming from Asia / Africa / Europe /... is not necessarily aware of the cost of American life.
What interests him to know is how much it will cost him compared to the cost of living in his own country.
I find your reaction quite unreasonable as it is addressed only to me, as it seems that I am the only one to respond to this request! I can only relate prices to my experiences, which are confined to the EU and the USA. I am a bit surprised that you find my comments not to your liking but this is how I chose to respond to the request, so take it for what its worth. I was careful and took a good amount of time to write the two comments I submitted, even as I wondered if it was worth my while to do so in the first place. It has been a good while since I last provided commentary and will think even harder the next time, should there be one.
Who knows, perhaps others might find them more interesting than you did. I think you are a bit too extreme in your reaction. You might have expected something else and I'm really sorry I cannot oblige, but the subject matter is still related to what was asked and FYI there are Americans, Canadians, and other Anglo-Saxons that visit Greece and I would hazard to say there are more of those visitors than Africans, Middle or East Asians or even Moldavians. In any case, you'll have to get their reaction but from what it seems here, nobody actually visits this site except a very very few with whom I have had what seems almost like private conversations in the past. So perhaps you might consider working on expanding your membership somehow, instead of criticizing the few you already have.
You might find that allowing the comments to develop organically, provide better quality and more lively conversations than if you attempt to restrict and hobble them to fit your preconceived ideas. In any case, you could have held back your reaction until you got more than two people engaged in the conversation. Thanks!
Second, your approach may make sense to you. But nobody knows your budget.
Third, whatever the person's origin, if a kilo of potato costs one euro in Greece. The information is clear and the person translates it into their currency.
Fourth, every year this question is asked. So that everyone can get an idea of ​​their reality.
In conclusion, I can't help it if you take it that way. But I remain on the fact that when you read your comment, a Belgian or a Brazilian is unable to know how much a kilo of dough costs in Greece since in addition I do not know how much it costs in the USA ...
Cordially yours
I get it that you like to measure potatoes per pound or kilo, but that is the way you think, not all of us. And to be clear that mechanism is no clearer than mine, as potatoes or dough might be cheap and indigenous to one's country or imported and expensive. I relate stuff. This feels more expensive, that doesn't. Some people think like you, others like me. Belgians or Brazilians are not blank checks without their own experiences. They get what I say. My budget is my business and I don't choose to share it. As for figuring out what potatoes cost in the USA, if you have a computer or a smart device, look it up!
My point is that since the discussion is ON topic it cannot but provide insight. Let's not forget that if one is an Expat, he or she travels and perhaps they have been around too. Not everyone on this site is a person looking to emigrate from a destitute country. if so, then I'm in the wrong place.
Nice to meet you, I know that. Because I walk the forums in all directions. And like everyone else, I look at my budget. In Belgium we also have secondhand shop and street markets, The vast majority of my furniture was bought second-hand. I instilled these values ​​in my children.
Now how do you establish the cost of living in a country without having quantified values? It is a simple matter of logic. Imagine that you want to settle in Belgium and that you ask me the question of cost. If I answer you that renting my house costs me less in Belgium than in Brazil. Do you think this will help you?
But this is not the subject of discussion that the moderator began. It just deals with relative costs and in my opinion if the rent of a unit on some street of Egaleo is too high, one has to look for another one in another location. It's next to impossible to compare rental rates city to city because of the variability of locations, demand and luxury level. Someone living on the Copacabana coast of Rio might understand that his rent is higher than what something in the barrio might run, if any, but if he has not been to Athens, he cannot tell if a rental rate for a unit is for the equivalent Copacabana area or Athenian barrio. This is why one hires a Realestate agent and this is why it is so hard to relate the price of potatoes from one country to the next, to borrow from a different conversation, I'm having here....
Have you noticed that you and I have been constantly on this blog site over the years, while not many others take part? I'm feeling that apart form the moderators, we might be alone here..... Do you feel the same?Â

Make your relocation easier with the Greece expat guide

Dating in Greece
Greece is a country known for its social and friendly culture, which can make meeting new people easy and ...

Childcare and family activities in Greece
Greece is a very child-friendly country. At least, that's what Greeks like to think. The reality is that ...

The tax system in Greece
With the Greek taxation system constantly changing to accommodate the ever-evolving economic recovery measures, ...

Work visas for Greece
Greece is a popular destination for foreigners looking to work and live in the EU, but navigating the visa and ...

Diversity and Inclusion in Greece
Diversity and inclusion are becoming increasingly important topics worldwide, and Greece is no exception. Despite ...

Pregnancy in Greece
Pregnancy is a unique and transformative experience that women across the world go through. However, the cultural ...

How to drive in Greece
Driving in Greece is not for the faint of heart. Apart from the logistics of converting your driving license or ...

Phones and Internet in Greece
The telecommunications sector in Greece is one of the very few sectors (housing being the other one) where the ...
Forum topics on living in Greece
´ó¿§¸£ÀûÓ°Ôº for your expat journey



