Athens is the most expensive place to live in Greece. Mercer's 2024 Cost of Living Survey ranks the capital 104th out of 226 listed cities. However, it's significantly cheaper than many other European capitals, including Paris, France, London, UK, and Milan, Italy. Basic amenities on the mainland 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 more than 25 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 Greece's best public and private hospitals. 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 serving the unique needs of expats in the country. 


Cost of groceries in Athens

Compared to many other European cities, grocery prices in Athens are largely affordable. Still, those moving to Athens should be aware that groceries elsewhere in the country are more reasonably priced. Still, locally produced wine, cheeses and olive oil are cheap. 

You can visit the weekly farmer's markets to source reasonably priced and fresh produce. Imported and branded products are more expensive than expats may be used to, but they are still affordable.


Cost of entertainment and eating out in Athens

Athens's restaurants, nightlife, flea markets, 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 July 2024.

Accommodation (monthly rent)
One-bedroom apartment in city centreEUR 600
One-bedroom apartment outside of city centreEUR 400
Three-bedroom apartment in city centreEUR 1,100
Three-bedroom apartment outside of city centreEUR 800
Shopping
Eggs (dozen)EUR 4.20
Milk (1 litre)EUR 1.60
Rice (1kg)EUR 2.50
Loaf of white breadEUR 1.20
Chicken breasts (1kg)EUR 11
Pack of cigarettes (Marlboro)EUR 4.60
Eating out
Big Mac MealEUR 9
Coca-Cola (330ml)EUR 1.90
CappuccinoEUR 3.40
Bottle of local beerEUR 5
Three-course meal for two at a mid-range restaurantEUR 50
Utilities/household
Mobile phone monthly plan with calls and dataEUR 25
Internet (uncapped ADSL or cable – average per month)EUR 31
Basic utilities (per month for a small apartment)EUR 200
Transportation
Taxi rate (per kilometre)EUR 1
Bus/train fare in the city centreEUR 1.20
Petrol/gasoline (per litre)EUR 1.90

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