Cost of living · Europe · Eurostat HICP 2023
🇬🇷 Cost of living in Greece
Greece undercuts most of the EU-27 across rent, groceries and transport - see the categories driving that gap and how far local income actually stretches.
- Cost index (EU-27=100)
- 78
- Rent index
- 60
- Median net income
- €11,000
- Cost-adjusted income
- €14,103
Greece sits at 78 on the 0-200 scale shown above.
Key takeaways
- Overall cost of living is 22% below the EU-27 average (index 78, EU-27 = 100).
- Most expensive category: groceries at index 95.
- Cheapest category: rent & housing at index 60.
- A typical income of €11,000 is worth about €14,103 in EU-average purchasing power.
Cost by category in Greece
Greece - price level by category (EU-27 = 100)
In Greece, groceries is the most expensive category and rent & housing the least.
What the Greece cost-of-living data shows
Greece's overall consumer price level is 22% below the EU-27 average. (How this index is built →)
Groceries stand out as the priciest category in Greece, at index 95, ahead of rent & housing at index 60 - a food basket costs proportionally more here than rent, transport or healthcare do.
That price gap works in Greece's favor: because prices run below the EU average, the headline income of €11,000 stretches further than the sticker figure suggests, worth roughly €14,103 in EU-27-average purchasing power.
Countries with a similar cost of living
Frequently asked questions
Is Greece expensive to live in?▼
Greece's overall cost of living is 22% below the EU-27 average (index 78). Groceries is the priciest category and rent & housing the cheapest.
What does it cost to rent in Greece?▼
Greece's rent and housing price index is 60, below the EU norm.
How does income compare to costs in Greece?▼
That price gap works in Greece's favor: because prices run below the EU average, the headline income of €11,000 stretches further than the sticker figure suggests, worth roughly €14,103 in EU-27-average purchasing power.
Source: Eurostat, Harmonised Index of Consumer Prices (HICP) and comparative price levels Eurostat, Harmonised Index of Consumer Prices (HICP) and comparative price levels Price-level indices, EU-27 = 100, 2023. Income: Eurostat/OECD median equivalised net income.
Important: these figures are official Eurostat averages for general information and comparison, they are not personal financial advice. Your own cost of living depends on your city, housing and lifestyle, so treat this as a starting point and check current local prices before making any relocation or budget decision.
Read our methodology - how these indices are sourced and computed.