Last update: Oct 2026

Cost of Living Comparison Between Heraklion and Volos

For one person, living costs are similar in Heraklion and in Volos: $1,594 and $1,537 a month, rent and utilities included.

77

Cost of Living Index in Heraklion
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Heraklion Living Index
74

Cost of Living Index in Volos
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Volos Living Index

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Heraklion

🇬🇷 Greece

$1,594

/mo nomad

Volos

🇬🇷 Greece

$1,537

/mo nomad

Monthly Cost of Living

How much you'll spend in Heraklion and in Volos

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

Monthly costs for one person with rent: $1,594 in Heraklion versus $1,537 in Volos.

Heraklion $1,594
Volos $1,537

Estimated couple costs with rent: $2,499 in Heraklion versus $2,329 in Volos.

Heraklion $2,499
Volos $2,329

Monthly costs for a family of three with rent: $3,403 in Heraklion versus $3,122 in Volos.

Heraklion $3,403
Volos $3,122

Living in Heraklion is roughly 4% more expensive than in Volos, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Heraklion 18% above, Volos 14% above.

Meal at Budget Restaurant

$12.89 €11.47

$20.15 €17.92

-36.03%

Three-Course Dinner for Two, Mid-Range

$56.1 €49.86

$55.3 €49.17

1.41%

Fast Food Meal (McDonalds, etc)

$9.92 €8.82

$10.11 €8.99

-1.88%

Cappuccino

$3.83 €3.41

$4.36 €3.88

-12.16%

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

$2.44 €2.17

$2.77 €2.46

-11.91%

Water (0.33 liter bottle)

$0.79 €0.70

$0.64 €0.57

23.44%

Local Beer (0.5 liter draught)

$5.42 €4.82

$5.45 €4.85

-0.55%

Imported Beer (0.33 liter bottle)

$5.27 €4.69

$5.42 €4.82

-2.77%

Milk (1 liter)

$1.69 €1.51

$1.58 €1.40

6.96%

White Bread (500g)

$1.42 €1.27

$1.47 €1.31

-3.40%

Rice (white) (1kg)

$2.58 €2.29

$2.84 €2.52

-9.15%

Eggs

$4.46 €3.97

$4.80 €4.27

-7.08%

Local Cheese (1kg)

$15.91 €14.15

$13.35 €11.88

19.18%

Chicken Fillets (1kg)

$10.54 €9.38

$10.21 €9.08

3.23%

Beef Round Steak (1kg)

$15.14 €13.46

$14.78 €13.15

2.44%

Apples (1kg)

$2.17 €1.93

$2.40 €2.14

-9.58%

Banana (1kg)

$2.14 €1.91

$1.98 €1.76

8.08%

Oranges (1kg)

$1.37 €1.22

$1.70 €1.51

-19.41%

Tomato (1kg)

$1.68 €1.50

$2.04 €1.82

-17.65%

Potato (1kg)

$1.23 €1.09

$0.89 €0.79

38.20%

Onion (1kg)

$1.23 €1.09

$1.01 €0.90

21.78%

Lettuce (1 head)

$0.93 €0.83

$0.86 €0.77

8.14%

Water (1.5 liter bottle)

$0.72 €0.64

$1.09 €0.97

-33.94%

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 €4.39

$5.44 €4.84

-9.19%

Wine (Bottle)

$7.60 €6.76

$8.81 €7.84

-13.73%

Local Beer (0.5 liter bottle)

$2.34 €2.08

$2.14 €1.90

9.35%

Imported Beer (0.33 liter bottle)

$2.86 €2.54

$2.42 €2.15

18.18%

One-way Ticket (Public Transport)

$1.46 €1.30

$1.33 €1.18

9.77%

Public Transport Monthly Pass (Regular Price)

$67.6 €60.1

$59.4 €52.8

13.86%

Taxi Start (Normal Tariff)

$4.37 €3.89

$4.07 €3.62

7.37%

Taxi (Normal Tariff) (1km)

$1.13 €1.01

$0.97 €0.87

16.49%

Taxi 1hour Waiting (Normal Tariff)

$11.14 €9.91

$19.36 €17.22

-42.46%

Gasoline (1 liter)

$2.16 €1.92

$2.18 €1.94

-0.92%

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

$27.3K €24.3K

$27.9K €24.8K

-1.99%

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

$24.0K €21.3K

$25.2K €22.5K

-4.96%

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

$194 €173

$215 €191

-9.72%

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

$30.65 €27.26

$22.70 €20.19

35.02%

Internet (50+ Mbps, Unlimited Data)

$38.76 €34.48

$29.51 €26.25

31.35%

Gym Membership (Monthly)

$49.10 €43.68

$52.9 €47.03

-7.13%

Tennis Court (1 Hour on Weekend)

$39.52 €35.15

$46.85 €41.67

-15.65%

Cinema Ticket

$8.74 €7.77

$8.70 €7.74

0.46%

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

$409 €364

$276 €246

48.06%

International Primary School, 1 Child (Yearly)

$3,997 €3,555

Jeans (Levis 501 Or Similar)

$90.1 €80.1

$95.2 €84.7

-5.41%

Summer Dress (H&M, Zara, etc)

$42.03 €37.39

$56.5 €50.3

-25.66%

Sport Shoes (Adidas, Nike)

$85.2 €75.8

$84.7 €75.4

0.53%

Men's Leather Business Shoes

$136 €121

$89.5 €79.6

51.78%

1-bedroom Apartment, City Center (Monthly)

$640 €569

$499 €444

28.32%

1-bedroom Apartment, Outside City Center (Monthly)

$498 €443

$392 €348

27.17%

3-bedroom Apartment, City Center (Monthly)

$1,089 €969

$732 €651

48.74%

3-bedroom Apartment, Outside City Center (Monthly)

$987 €878

$608 €541

62.25%

Buy Apartment in City Center (m2)

$4,043 €3,597

$2,406 €2,140

68.05%

Buy Apartment Outside City Center (m2)

$2,746 €2,442

$1,603 €1,425

71.34%

Average Monthly Net Salary (After Tax)

$1,128 €1,004

$1,008 €897

11.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

4.47

-0.67%

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

Last update for Heraklion: October 11, 2026

Last update for Volos: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Heraklion

$498 31.2%

Volos

$392 25.5% 21.4% $106

Groceries & Markets

Heraklion

$294 18.4%

Volos

$292 19% 0.8% $2.3

Monthly Utilities & Internet

Heraklion

$264 16.5%

Volos

$267 17.4% 1.4% $3.7

Eating Out

Heraklion

$229 14.4%

Volos

$296 19.2% 28.9% $66

Clothing & Footwear

Heraklion

$159 10%

Volos

$147 9.5% 7.7% $12

Getting Around

Heraklion

$83 5.2%

Volos

$74 4.8% 11.8% $9.9

Sport & Entertainment

Heraklion

$67 4.2%

Volos

$70 4.6% 5.6% $3.7

Cost Breakdown

A one-bedroom apartment in the center runs $640 in Heraklion and $499 in Volos. Housing cost is often the main lever when comparing two cities.

Heraklion pays 12% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $56.0 in Heraklion vs $55.0 in Volos for a mid-range dinner for two. Groceries echo the gap at $294 vs $292 per month, with Volos cheaper across the board.

Good to know

🇬🇷 Heraklion

🇬🇷 Volos

🕒 Local time

17:04 5:04 PM

Same time as Heraklion

🌤 Weather

👥 Population

140,730

82,439

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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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

Heraklion vs Volos: Cost of Living - Frequently Asked Questions

Volos is cheaper overall, especially in groceries, clothing, and transport. The 4% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 12% higher in Heraklion, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $640 in Heraklion versus $499 in Volos. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $409 in Heraklion versus $276 in Volos. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 1% higher in Heraklion. For households that cook at home regularly, that difference adds up over a month.

At $1,537 in Volos versus $1,594 in Heraklion, a $2,000 budget is realistic in Volos but tight or insufficient in Heraklion. The gap between the two cities makes Volos the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Heraklion and Volos are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Volos gentler on the wallet – expenses run 4% less than in Heraklion. Beyond cost, consider language, visa policies, and how big the international community is in each city.