Cost of Living Comparison Between Heraklion and Volos Cost of Living Comparison Between Heraklion and Volos

Monthly Cost of Living

Monthly costs for one person with rent: $1,575 in Heraklion versus $1,580 in Volos.

Estimated couple costs with rent: $2,474 in Heraklion versus $2,366 in Volos.

Monthly costs for a family of three with rent: $3,374 in Heraklion versus $3,151 in Volos.

Monthly costs are close between Heraklion and Volos; which city is cheaper depends on the spending category.

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

Meal at Budget Restaurant

$14.13 €12.16

$23.57 €20.27

-40.05%

Three-Course Dinner for Two, Mid-Range

$58.4 €50.2

$46.55 €40.04

25.46%

Fast Food Meal (McDonalds, etc)

$11.56 €9.94

$8.74 €7.52

32.27%

Cappuccino

$3.89 €3.35

$4.09 €3.51

-4.89%

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

$2.18 €1.87

$2.42 €2.08

-9.92%

Water (0.33 liter bottle)

$0.60 €0.52

$0.57 €0.49

5.26%

Local Beer (0.5 liter draught)

$5.96 €5.13

$5.64 €4.86

5.67%

Imported Beer (0.33 liter bottle)

$5.76 €4.96

$5.70 €4.91

1.05%

Milk (1 liter)

$1.84 €1.58

$1.68 €1.44

9.52%

White Bread (500g)

$1.49 €1.28

$1.57 €1.35

-5.10%

Rice (white) (1kg)

$2.70 €2.32

$2.89 €2.48

-6.57%

Eggs

$5.56 €4.79

$4.33 €3.72

28.41%

Local Cheese (1kg)

$16.98 €14.61

$14.24 €12.25

19.24%

Chicken Fillets (1kg)

$11.37 €9.78

$10.97 €9.43

3.65%

Beef Round Steak (1kg)

$14.65 €12.60

$15.58 €13.40

-5.97%

Apples (1kg)

$2.25 €1.93

$2.43 €2.09

-7.41%

Banana (1kg)

$2.13 €1.83

$2.09 €1.80

1.91%

Oranges (1kg)

$1.45 €1.24

$1.71 €1.47

-15.20%

Tomato (1kg)

$1.84 €1.58

$2.17 €1.87

-15.21%

Potato (1kg)

$1.30 €1.12

$0.96 €0.83

35.42%

Onion (1kg)

$1.53 €1.31

$1.06 €0.91

44.34%

Lettuce (1 head)

$0.87 €0.75

$0.88 €0.76

-1.14%

Water (1.5 liter bottle)

$0.66 €0.57

$0.97 €0.84

-31.96%

Cigarettes 20 Pack (Marlboro, Camel)

$5.29 €4.55

$5.55 €4.78

-4.68%

Wine (Bottle)

$8.05 €6.92

$9.32 €8.02

-13.63%

Local Beer (0.5 liter bottle)

$2.09 €1.80

$2.60 €2.24

-19.62%

Imported Beer (0.33 liter bottle)

$3.39 €2.92

$3.15 €2.71

7.62%

One-way Ticket (Public Transport)

$1.59 €1.37

$1.54 €1.32

3.25%

Public Transport Monthly Pass (Regular Price)

$46.27 €39.80

$60.3 €51.9

-23.27%

Taxi Start (Normal Tariff)

$4.53 €3.90

$4.10 €3.53

10.49%

Taxi 1hour Waiting (Normal Tariff)

$11.60 €9.98

$19.93 €17.15

-41.80%

Gasoline (1 liter)

$2.16 €1.86

$2.15 €1.85

0.47%

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

$35.0K €30.1K

$30.9K €26.6K

13.32%

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

$25.8K €22.2K

$25.1K €21.6K

2.66%

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

$216 €186

$235 €202

-8.18%

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

$22.89 €19.69

$24.30 €20.90

-5.80%

Internet (50+ Mbps, Unlimited Data)

$37.02 €31.85

$35.60 €30.63

3.99%

Gym Membership (Monthly)

$52.7 €45.32

$60.9 €52.4

-13.48%

Tennis Court (1 Hour on Weekend)

$39.87 €34.30

$48.38 €41.62

-17.59%

Cinema Ticket

$9.36 €8.05

$9.45 €8.13

-0.95%

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

$431 €371

$277 €238

55.74%

International Primary School, 1 Child (Yearly)

$4,159 €3,578

$6,018 €5,177

-30.89%

Jeans (Levis 501 Or Similar)

$100 €86.3

$116 €100

-13.85%

Summer Dress (H&M, Zara, etc)

$46.48 €39.98

$53.6 €46.11

-13.28%

Sport Shoes (Adidas, Nike)

$89.6 €77.1

$82.7 €71.1

8.33%

Men's Leather Business Shoes

$133 €114

$86.3 €74.3

53.93%

1-bedroom Apartment, City Center (Monthly)

$555 €477

$454 €391

22.10%

1-bedroom Apartment, Outside City Center (Monthly)

$424 €364

$369 €317

14.80%

3-bedroom Apartment, City Center (Monthly)

$1,044 €898

$654 €563

59.61%

3-bedroom Apartment, Outside City Center (Monthly)

$875 €752

$574 €494

52.31%

Buy Apartment in City Center (m2)

$4,014 €3,452

$2,596 €2,233

54.60%

Buy Apartment Outside City Center (m2)

$2,848 €2,450

$1,698 €1,461

67.75%

Average Monthly Net Salary (After Tax)

$1,156 €994

$1,048 €902

10.28%

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: June 2, 2026

Last update for Volos: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $555 in Heraklion and $454 in Volos. Housing cost is often the main lever when comparing two cities.

Heraklion pays 10% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $58.0 in Heraklion vs $47.00 in Volos for a mid-range dinner for two. Groceries echo the gap at $309 vs $306 per month, with Volos cheaper across the board.

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

Heraklion pays 10% more on average, 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: $555 in Heraklion versus $454 in Volos. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $431 in Heraklion versus $277 in Volos. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Heraklion – a meal for two runs $58.0 versus $47.00 in Volos. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,575 in Heraklion versus $1,580 in Volos, a $1,500 budget is realistic in Heraklion but tight or insufficient in Volos. The gap between the two cities makes Heraklion 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.

It comes down to priorities – Heraklion wins on affordability, Volos on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.