Athens is the most expensive place to live in Greece. Mercer's 2022 Cost of Living Survey places the capital 126th out of 227 listed cities, similar to Belfast or Wellington but cheaper than other European capitals such as Lisbon, Rome or Madrid. On the mainland, basic amenities should be cheaper than on the Greek islands.
Cost of accommodation in Athens
Accommodation prices in Greece are on the rise, and Athens is no exception. Rental costs in Athens are estimated to be 29 percent higher than in Greece's next largest city, Thessaloniki. Accommodation on the Greek islands will be similarly priced to Athens.
Renting or buying a home will be the highest cost for expats in the capital. That said, it's worth knowing that foreigners who invest above a certain threshold in Greek property can apply for residency on that basis.
Cost of transport in Athens
Unlike the rest of the country, Athens boasts a metro and a tram network, both of which are reliable, convenient and cost-effective. Greece's bus network is its primary form of public transport and is generally safe and affordable. There are, however, sporadic strikes in the major cities, and these can bring the bus network to a halt.
Greek drivers are notorious for their disregard for road laws, and driving in Athens is neither easy nor free from risk. Expats who insist on driving should consider car insurance mandatory. Parking is limited and may be pricey.
Cost of education in Athens
Public education is free, but the language of instruction is Greek. Expats who plan a long-term stay are largely happy to enrol their children, but many expats prefer private or international schools at a higher cost. Prices usually go up with the learner's academic level. Athens provides a wide range of private schools with various languages of instruction, and expat parents should not have trouble finding something to meet their budget.
Cost of healthcare in Athens
Athens is home to some of the best public and private hospitals in Greece. Expats can access tax-funded public healthcare in the city, but new arrivals should be prepared for long waiting lists. Well-off expats typically secure comprehensive healthcare coverage to access private healthcare. Private hospitals will typically also have English-speaking staff, making them ideal for expats.
Cost of groceries in Athens
While groceries in Athens are expensive compared to other mainland Greek cities, they are still relatively modest compared to many European cities. Locally produced wine, cheeses and olive oil are cheap. Expats can visit laiki, weekly farmer's markets, to source reasonable and fresh fruits and vegetables. Imported and branded products are steeper than what expats may be used to but are still affordable.
Cost of entertainment and eating out in Athens
Athens's restaurants, nightlife, flea markets, malls and boutiques are a major draw. Whether shopping, visiting the capital's attractions or just going out and taking in the city, there is always something to do in Athens. That said, the lifestyle in this cultural capital can get expensive. Price-conscious expats can try avoiding tourist areas and eating at their local establishments.
Cost of living in Athens chart
Prices may vary depending on product and service provider. The list below shows average prices in Athens in May 2023.
Accommodation (monthly rent) |
|
One-bedroom apartment in city centre |
EUR 500 |
One-bedroom apartment outside of city centre |
EUR 475 |
Three-bedroom apartment in city centre |
EUR 920 |
Three-bedroom apartment outside of city centre |
EUR 890 |
Shopping |
|
Eggs (dozen) |
EUR 4.03 |
Milk (1 litre) |
EUR 1.71 |
Rice (1kg) |
EUR 2.30 |
Loaf of white bread |
EUR 1.16 |
Chicken breasts (1kg) |
EUR 8.84 |
Pack of cigarettes (Marlboro) |
EUR 4.80 |
Eating out |
|
Big Mac Meal |
EUR 8 |
Coca-Cola (330ml) |
EUR 1.83 |
Cappuccino |
EUR 3.37 |
Bottle of local beer |
EUR 4.50 |
Three-course meal for two at a mid-range restaurant |
EUR 50 |
Utilities/household |
|
Mobile-to-mobile call rate (per minute) |
EUR 0.58 |
Internet (uncapped ADSL or cable – average per month) |
EUR 31 |
Basic utilities (per month for small apartment) |
EUR 234 |
Transportation |
|
Taxi rate (per kilometre) |
EUR 0.85 |
Bus/train fare in the city centre |
EUR 1.20 |
Petrol/gasoline (per litre) |
EUR 1.91 |