Verified Facts

Official NameHellenic Republic
CapitalAthens
Population10.4 million
Area131,990 km² (50,962 sq mi)
LanguagesGreek
Currencyeuro (€)
TimezoneUTC+02:00
RegionEurope / Southern Europe
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$44,327 (2024)
Out-of-Pocket Health Spend34.3% (2023)
Education Spend (% GDP)3.4% (2022)
Source: World Bank Open Data

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$30-50 USD
Daily Budget (Mid-Range)$60-100 USD
Daily Budget (Comfort)$120-200 USD
CurrencyEUR
Tipping Customexpected (5-10%)

How Expensive Is Greece?

Greece is a relatively affordable country to visit or live in, especially when compared to other Western European nations. The cost of living in Greece is lower than in many of its European neighbors, making it an attractive destination for tourists and expats alike. However, prices can vary significantly depending on the location, with popular tourist areas like Athens, Mykonos, and Santorini tend to be more expensive than other parts of the country. Overall, Greece offers a great balance of affordability and quality of life, making it an excellent choice for those looking to experience the best of Europe without breaking the bank.

In terms of regional comparisons, Greece is generally less expensive than countries like Italy, France, and Spain, but more expensive than its Balkan neighbors like Albania and North Macedonia. The country's unique blend of traditional culture, rich history, and stunning natural beauty makes it an excellent value for travelers and expats, who can enjoy a high quality of life at a relatively low cost. Whether you're looking to explore the ancient ruins of Athens, relax on the beautiful beaches of the Aegean, or experience the vibrant nightlife of Mykonos, Greece has something to offer for every budget and preference.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$15-30typical quality, shared facilities
Mid-Range Hotel$40-80what to expect, private bathroom, TV
Luxury/Resort$150-300what to expect, high-end amenities, sea view
Apartment Rent (monthly)$200-500city center, 1-bedroom, furnished
Apartment Rent (monthly)$100-300outside city center, 1-bedroom, furnished

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$5-10
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$25-40
Fine Dining$50-100
Beer (local)$3-5
Coffee$2-4
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$1-2
Taxi (per km)$1-2
Domestic flight$50-100
Fuel (per liter)$1.50-2.50

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent200400800
Food300500800
Transport100200300
Utilities100150250
Entertainment200300500
Total100016502650

Money-Saving Tips

  • Consider visiting during the off-season (April-May or September-October) to avoid peak tourist prices and enjoy a more relaxed atmosphere.
  • Look for affordable accommodation options like hostels, guesthouses, or apartments outside of city centers.
  • Eat at local tavernas or street food stalls to enjoy traditional Greek cuisine at a lower cost.
  • Use public transportation or walk/bike whenever possible to save on transport costs.
  • Take advantage of free or low-cost attractions like beaches, museums, and historical sites.
  • Learn some basic Greek phrases to interact with locals and show respect for the culture, which can also help you negotiate better prices or find hidden gems.