Cost of living in Greece

Everything a household buys
83 index, EU average = 100
Year
2024
Source
Eurostat

Greece has a price level of 83 where the European Union average is 100, measured for 2024. A household basket there costs about 17 percent less than the same basket across the Union.

Twelve spending categories are published for this country, so the breakdown below is measured rather than inferred from the headline.

The spread inside the basket is wider than the headline suggests. Phone and internet is the most expensive category at 144.1, and Education the least at 59.

Greece: prices rose 2.9 percent over the year to 2024, so the figures above will have drifted a little since they were recorded.

Greece is the 16 cheapest of the 39 countries this source measures on the same scale, which places it in the cheaper half of that group.

On the same scale it sits between Slovakia at 81.1 and Portugal at 85, which is the company that a rank of 16 out of 39 puts it in.

Directly comparable with 38 other countries measured on the same scale.

A price level is not a budget. It compares a standard basket between countries and takes no account of what you earn, of the difference between the capital and a small town, or of what a newcomer pays for rent as opposed to what a sitting tenant pays. Read it as a starting point for a comparison, not as a figure to plan around.

Everything a household buys

MeasureValueYear
Food and soft drinks105.82024
Alcohol and tobacco96.52024
Clothing and shoes90.12024
Housing, water and energy70.52024
Furniture and household goods91.62024
Health81.82024
Transport90.12024
Phone and internet144.12024
Recreation and culture86.22024
Education592024
Restaurants and hotels86.42024
Other goods and services82.72024

Questions

Greece: is it an expensive country to live in?

Measured against the reference this figure uses, the price level is 83 for 2024. That is the whole answer this page can give honestly, because a price level says what a basket costs and not what your life costs.

What year is this figure from?

It is the value recorded for 2024. Price level statistics are annual and always lag, so this is the most recent one published rather than a figure for today.

Can I compare this with another country here?

Only with countries measured on the same scale. This one is quoted as index, EU average = 100, and a country quoted on the other scale is not comparable with it without a conversion nobody has measured.

Related pages

Sources

  • Eurostat, prc_ppp_ind (Eurostat reuse policy, commercial reuse permitted with attribution)