Last update: Oct 2026

Cost of Living Comparison Between Greece and Italy

Name: Italy
Address: IT

For one person, living is cheaper in Greece: $1,543 a month against $1,804 in Italy, rent and utilities included – about $3,100 less a year. Rent and utilities account for most of the difference.

75

Cost of Living Index in Greece
Learn more

Greece Living Index
89

Cost of Living Index in Italy
Learn more

Italy Living Index

Jump to prices

🇬🇷 Greece

$1,543

/mo nomad

🇮🇹 Italy

$1,804

/mo nomad

Monthly Cost of Living

How much you'll spend in Greece and in Italy

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Greece and in Italy actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,543 in Greece versus $1,804 in Italy.

Greece $1,543
Italy $1,804

Estimated couple costs with rent: $2,346 in Greece versus $2,778 in Italy.

Greece $2,346
Italy $2,778

Monthly costs for a family of three with rent: $3,149 in Greece versus $3,752 in Italy.

Greece $3,149
Italy $3,752

Internal cost variation is higher in Italy: monthly costs span $1,035 to $2,560, compared to $1,027–$2,113 in Greece. City choice carries more weight in Italy.

Living in Greece costs about 15% less than in Italy on average.

Both countries sit above the global median: Greece 14% above, Italy 34% above.

Meal at Budget Restaurant

$16.66 €14.82

$19.89 €17.70

-16.24%

Three-Course Dinner for Two, Mid-Range

$55.1 €48.97

$77.0 €68.5

-28.50%

Fast Food Meal (McDonalds, etc)

$11.01 €9.79

$11.00 €9.78

0.09%

Cappuccino

$3.80 €3.38

$1.99 €1.77

90.95%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.53 €2.25

$2.96 €2.63

-14.53%

Water (0.33 liter bottle)

$0.63 €0.56

$1.41 €1.25

-55.32%

Local Beer (0.5 liter draught)

$5.69 €5.07

$5.60 €4.98

1.61%

Imported Beer (0.33 liter bottle)

$5.60 €4.98

$5.67 €5.05

-1.23%

Milk (1 liter)

$1.71 €1.52

$1.61 €1.43

6.21%

White Bread (500g)

$1.43 €1.27

$2.30 €2.05

-37.83%

Rice (white) (1kg)

$2.63 €2.34

$2.99 €2.66

-12.04%

Eggs

$4.66 €4.14

$4.06 €3.61

14.78%

Local Cheese (1kg)

$13.96 €12.42

$17.23 €15.33

-18.98%

Chicken Fillets (1kg)

$10.28 €9.14

$12.68 €11.28

-18.93%

Beef Round Steak (1kg)

$15.42 €13.72

$20.36 €18.11

-24.26%

Apples (1kg)

$2.09 €1.86

$2.54 €2.26

-17.72%

Banana (1kg)

$2.05 €1.83

$2.15 €1.91

-4.65%

Oranges (1kg)

$1.50 €1.33

$2.56 €2.28

-41.41%

Tomato (1kg)

$2.15 €1.91

$3.22 €2.86

-33.23%

Potato (1kg)

$1.21 €1.08

$1.92 €1.70

-36.98%

Onion (1kg)

$1.15 €1.02

$1.84 €1.64

-37.50%

Lettuce (1 head)

$1.10 €0.97

$1.51 €1.34

-27.15%

Water (1.5 liter bottle)

$0.85 €0.76

$0.55 €0.49

54.55%

Cigarettes 20 Pack (Marlboro, Camel)

$5.24 €4.66

$6.81 €6.06

-23.05%

Wine (Bottle)

$9.10 €8.10

$8.03 €7.15

13.33%

Local Beer (0.5 liter bottle)

$1.90 €1.69

$1.72 €1.53

10.47%

Imported Beer (0.33 liter bottle)

$2.76 €2.46

$2.37 €2.11

16.46%

One-way Ticket (Public Transport)

$1.37 €1.22

$1.88 €1.67

-27.13%

Public Transport Monthly Pass (Regular Price)

$33.96 €30.20

$43.31 €38.52

-21.59%

Taxi Start (Normal Tariff)

$4.33 €3.86

$5.57 €4.95

-22.26%

Taxi (Normal Tariff) (1km)

$1.15 €1.02

$1.63 €1.45

-29.45%

Taxi 1hour Waiting (Normal Tariff)

$16.62 €14.79

$33.78 €30.04

-50.80%

Gasoline (1 liter)

$2.18 €1.94

$2.04 €1.81

6.86%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.0K €24.9K

$35.6K €31.7K

-21.28%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$27.4K €24.4K

$35.4K €31.5K

-22.43%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$216 €192

$222 €198

-2.90%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$24.54 €21.83

$11.43 €10.17

114.70%

Internet (50+ Mbps, Unlimited Data)

$31.78 €28.27

$30.65 €27.26

3.69%

Gym Membership (Monthly)

$49.41 €43.95

$52.7 €46.89

-6.28%

Tennis Court (1 Hour on Weekend)

$22.46 €19.97

$23.82 €21.19

-5.71%

Cinema Ticket

$9.61 €8.55

$10.51 €9.35

-8.56%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$440 €391

$541 €481

-18.67%

International Primary School, 1 Child (Yearly)

$9,954 €8,854

$11.7K €10.4K

-15.05%

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$90.0 €80.0

-2.47%

Summer Dress (H&M, Zara, etc)

$39.51 €35.15

$39.08 €34.76

1.10%

Sport Shoes (Adidas, Nike)

$93.9 €83.5

$101 €90.2

-7.39%

Men's Leather Business Shoes

$117 €104

$132 €117

-11.37%

1-bedroom Apartment, City Center (Monthly)

$547 €487

$805 €716

-32.06%

1-bedroom Apartment, Outside City Center (Monthly)

$442 €393

$619 €550

-28.52%

3-bedroom Apartment, City Center (Monthly)

$897 €798

$1,388 €1,235

-35.35%

3-bedroom Apartment, Outside City Center (Monthly)

$758 €674

$1,050 €934

-27.79%

Buy Apartment in City Center (m2)

$2,995 €2,664

$3,623 €3,223

-17.33%

Buy Apartment Outside City Center (m2)

$2,392 €2,128

$2,229 €1,983

7.32%

Average Monthly Net Salary (After Tax)

$1,111 €988

$1,889 €1,680

-41.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.54

3.56

27.53%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Greece: October 11, 2026

Last update for Italy: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Greece

$442 28.7%

Italy

$619 34.3% 39.9% $177

Groceries & Markets

Greece

$293 19%

Italy

$347 19.2% 18.2% $53

Monthly Utilities & Internet

Greece

$272 17.7%

Italy

$265 14.7% 2.9% $7.8

Eating Out

Greece

$264 17.1%

Italy

$273 15.1% 3.2% $8.6

Clothing & Footwear

Greece

$152 9.9%

Italy

$163 9% 7.2% $11

Sport & Entertainment

Greece

$69 4.5%

Italy

$74 4.1% 7.5% $5.1

Getting Around

Greece

$50 3.2%

Italy

$65 3.6% 30.3% $15

Cost Breakdown

National rent averages: $504 in Greece, $721 in Italy. Capital cities: $741 in Athens vs $1,222 in Rome.

National salary averages: $1,079 in Greece, $1,888 in Italy. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 43% higher in Italy.

Dining out costs 38% more in Italy.

Salaries are 75% higher in Italy, and purchasing power comes out stronger in Italy.

Good to know

🇬🇷 Greece

🇮🇹 Italy

🕒 Local time

23:58 11:58 PM

22:58 10:58 PM

1 h behind Greece

🌤 Weather

👥 Population

10,482,487

58,850,717

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Greece Italy 1,050 km ≈ 1 h 45 min nonstop flight

From you

Greece
Italy

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Greece vs Italy: Cost of Living - Frequently Asked Questions

At $1,543 per month in Greece and $1,804 in Italy, there's a 17% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Day-to-day life is cheaper in Greece: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent for a central one-bedroom averages $721 in Italy and $504 in Greece. Rents vary a lot between cities, so the gap depends on where you settle.

In Greece, $2,000 covers most cities easily; in Italy it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after: Greece wins on affordability; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.