Cost #10/31 · Cost of living · Europe · Eurostat PLI 2024
🇬🇷 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 rank · cheapest = #1 of 31
- #10
- Affordability rank · highest purchasing power = #1 of 29
- #28
Greece's livability score
Livability score
49/100
Greece, weighted across 8 of 8 tracked dimensions
A cost-and-income composite (price-level indices plus purchasing power), not an overall quality-of-life judgment, it does not weigh climate, safety, culture, or healthcare outcomes.
- Purchasing power F €11,700
Median net income adjusted for local cost level
- Overall cost B 83
Eurostat overall price level (EU27=100)
- Rent B+ 71
Housing / rent price level (EU27=100)
- Groceries D 106
Food and non-alcoholic beverages (EU27=100)
- Healthcare C+ 82
Healthcare price level (EU27=100)
- Transport C 90
Transport price level (EU27=100)
- Utilities C- 88
Electricity / gas / water (EU27=100)
- Restaurants B+ 86
Restaurants and hotels (EU27=100)
Greece: quiet 2024 Eurostat pass
Overall cost index barely moved (+0.1) vs 2023 - a near-flat European release print.
- Utilities index 93 88 2023 → 2024
Utilities index fell from 93 to 88 between the 2023 and 2024 Eurostat releases.
- Groceries index 103 106 2023 → 2024
Groceries index rose from 103 to 106 between the 2023 and 2024 Eurostat releases.
- Transport index 89 90 2023 → 2024
Transport index rose from 89 to 90 between the 2023 and 2024 Eurostat releases.
- Restaurants index 86 86 2023 → 2024
Restaurants index rose from 86 to 86 between the 2023 and 2024 Eurostat releases.
Greece in the Under 85 cost band
On the EU-27 = 100 scale, Greece's overall index (83) sits in the Under 85 band with 9 other published countries. The Europe-wide band mix lives on the rankings hub, not repeated here.
Where Greece undercuts the EU basket
Bars + gauge for a below-EU overall index (83): which categories keep the basket cheap.
Greece - price level by category (EU-27 = 100)
🇬🇷 Greece vs EU-27 = 100
Gauge reads the same overall cost_index (83); the tick marks the EU average.
In Greece, groceries is the most expensive category and housing & utilities the least.
Why Greece reads cheap on Eurostat
Greece's overall consumer price level is 17% below the EU-27 average. (How this index is built →)
Groceries stand out as the priciest category in Greece, at index 106, ahead of housing & utilities at index 71 - 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 €11,700 stretches further than the sticker figure suggests, worth roughly €14,096 in EU-27-average purchasing power.
Eurostat PLI Basket · similar price levels and purchasing power
Two peer sets for Greece: nearest overall price-level indices (EU-27 = 100) and nearest cost-adjusted incomes (median net income ÷ cost index). The cost band block above stays cohort-based; these neighborhoods vary by entity.
Similar overall cost index
Nearest countries by Eurostat price level (83 here, EU-27 = 100).
PLI neighbourhood · Greece
Similar purchasing power
Nearest countries by cost-adjusted income (€14,096 here).
What to do with this Greece data
Greece ranks #28 of 29 for cost-adjusted purchasing power. A raw price index alone does not tell you whether income stretches further here than elsewhere.
- Run the numbers for Greece in the calculator
- Compare Greece vs Slovakia side by side
- See the full best-value ranking
- Browse every country we track
These are Eurostat comparative price-level averages for the whole country, not a personal budget. Regional and city-level costs can differ substantially from the national figure.
Frequently Asked Questions
Is Greece expensive to live in?
Greece's overall cost of living is 17% below the EU-27 average (index 83). Groceries is the priciest category and housing & utilities the cheapest.
What are housing & utilities costs in Greece?
Greece's housing & utilities price index is 71, 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 €11,700 stretches further than the sticker figure suggests, worth roughly €14,096 in EU-27-average purchasing power.
PlainCostOfLiving is rendered directly from Eurostat comparative price levels and median equivalised net income, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-20. Primary sources: Eurostat comparative price levels (prc_ppp_ind) and Eurostat median equivalised net income (ilc_di03).