Last update: Nov 2026

Cost of Living Comparison Between Ierapetra and London

For one person, living is cheaper in Ierapetra: $1,399 a month against $4,048 in London, rent and utilities included – about $31,800 less a year. Rent and utilities account for most of the difference.

Ierapetra, Greece
London, United Kingdom
Ierapetra
🇬🇷 Greece
$1,399
/mo nomad
London
🇬🇧 United Kingdom
$4,048
/mo nomad
Monthly Cost of Living

How much you'll spend in Ierapetra and in London

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

Monthly costs for one person with rent: $1,399 in Ierapetra versus $4,048 in London.

  • Ierapetra $1,399
  • London $4,048

Estimated couple costs with rent: $2,154 in Ierapetra versus $5,903 in London.

  • Ierapetra $2,154
  • London $5,903

Monthly costs for a family of three with rent: $2,908 in Ierapetra versus $7,758 in London.

  • Ierapetra $2,908
  • London $7,758

Living in Ierapetra costs roughly 65% less than in London, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Ierapetra 3% above, London 199% above.

Currency
🍽 Eating Out
Ierapetra
London
Difference
Meal at Budget Restaurant
$16.59 €14.78
$26.36 £19.59
-37.06%
Three-Course Dinner for Two, Mid-Range
$55.7 €49.61
$109 £80.7
-48.69%
Fast Food Meal (McDonalds, etc)
$11.23 €10.00
$10.71 £7.96
4.86%
Cappuccino
$3.97 €3.53
$5.59 £4.15
-28.98%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.13 €1.90
$3.00 £2.23
-29.00%
Water (0.33 liter bottle)
$0.57 €0.51
$2.22 £1.65
-74.32%
Local Beer (0.5 liter draught)
$4.44 €3.95
$9.65 £7.17
-53.99%
Imported Beer (0.33 liter bottle)
$4.77 €4.24
$8.26 £6.14
-42.25%
🛒 Groceries & Markets
Ierapetra
London
Difference
Milk (1 liter)
$1.10 €0.98
$1.97 £1.46
-44.16%
White Bread (500g)
$1.10 €0.98
$2.09 £1.55
-47.37%
Rice (white) (1kg)
$3.37 €3.00
$2.59 £1.93
30.12%
Eggs
$4.60 €4.10
$5.37 £3.99
-14.34%
Local Cheese (1kg)
$16.68 €14.85
$13.12 £9.75
27.13%
Chicken Fillets (1kg)
$9.35 €8.32
$11.03 £8.20
-15.23%
Beef Round Steak (1kg)
$14.62 €13.02
$17.73 £13.17
-17.54%
Apples (1kg)
$2.18 €1.94
$3.17 £2.36
-31.23%
Banana (1kg)
$2.26 €2.01
$1.38 £1.03
63.77%
Oranges (1kg)
$1.14 €1.01
$2.82 £2.10
-59.57%
Tomato (1kg)
$1.11 €0.99
$3.36 £2.50
-66.96%
Potato (1kg)
$1.09 €0.97
$1.70 £1.26
-35.88%
Onion (1kg)
$1.00 €0.89
$1.78 £1.32
-43.82%
Lettuce (1 head)
$1.20 €1.06
$1.49 £1.11
-19.46%
Water (1.5 liter bottle)
$0.81 €0.72
$1.82 £1.35
-55.49%
Cigarettes 20 Pack (Marlboro, Camel)
$5.45 €4.86
$23.85 £17.72
-77.15%
Wine (Bottle)
$9.09 €8.10
$13.44 £9.98
-32.37%
Local Beer (0.5 liter bottle)
$1.42 €1.27
$3.11 £2.31
-54.34%
Imported Beer (0.33 liter bottle)
$1.14 €1.02
$4.49 £3.34
-74.61%
🚌 Getting Around
Ierapetra
London
Difference
One-way Ticket (Public Transport)
$1.39 €1.23
$4.13 £3.07
-66.34%
Public Transport Monthly Pass (Regular Price)
$50.6 €45.05
$266 £198
-80.98%
Taxi Start (Normal Tariff)
$3.84 €3.42
$5.98 £4.44
-35.79%
Taxi (Normal Tariff) (1km)
$1.00 €0.89
$3.39 £2.52
-70.50%
Taxi 1hour Waiting (Normal Tariff)
$16.60 €14.78
$56.6 £42.03
-70.65%
Gasoline (1 liter)
$2.11 €1.88
$2.21 £1.64
-4.52%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.6K €24.6K
$38.3K £28.4K
-27.91%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.4K €21.7K
$41.0K £30.5K
-40.46%
🧾 Monthly Utilities & Internet
Ierapetra
London
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$148 €132
$372 £277
-60.28%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.09 €16.11
$18.66 £13.87
-3.05%
Internet (50+ Mbps, Unlimited Data)
$32.88 €29.28
$40.53 £30.12
-18.87%
🎉 Sport & Entertainment
Ierapetra
London
Difference
Gym Membership (Monthly)
$50.6 €45.02
$56.0 £41.63
-9.75%
Tennis Court (1 Hour on Weekend)
$19.62 €17.47
$17.10 £12.71
14.74%
Cinema Ticket
$8.72 €7.76
$17.95 £13.34
-51.42%
🧸 Childcare & Education
Ierapetra
London
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$474 €422
$2,946 £2,189
-83.90%
International Primary School, 1 Child (Yearly)
$6,699 €5,964
$47.6K £35.4K
-85.93%
👕👟 Clothing & Footwear
Ierapetra
London
Difference
Jeans (Levis 501 Or Similar)
$74.2 €66.1
$116 £86.4
-36.18%
Summer Dress (H&M, Zara, etc)
$30.59 €27.24
$56.9 £42.28
-46.24%
Sport Shoes (Adidas, Nike)
$107 €94.9
$128 £95.1
-16.71%
Men's Leather Business Shoes
$127 €113
$154 £114
-17.73%
🏠 Accommodation & Living
Ierapetra
London
Difference
1-bedroom Apartment, City Center (Monthly)
$497 €442
$2,935 £2,182
-83.08%
1-bedroom Apartment, Outside City Center (Monthly)
$382 €340
$2,258 £1,678
-83.07%
3-bedroom Apartment, City Center (Monthly)
$732 €652
$5,250 £3,901
-86.06%
3-bedroom Apartment, Outside City Center (Monthly)
$618 €551
$3,859 £2,868
-83.97%
Buy Apartment in City Center (m2)
$2,432 €2,165
$17.2K £12.8K
-85.85%
Buy Apartment Outside City Center (m2)
$1,922 €1,711
$8,278 £6,152
-76.78%
💵 Salaries & Financials
Ierapetra
London
Difference
Average Monthly Net Salary (After Tax)
-
$5,621 £4,177
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.53
4.78
-5.23%

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

Last update for Ierapetra: November 1, 2026

Last update for London: November 1, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Ierapetra
$382
London
$2.3K 491% $1.9K
Groceries & Markets
Ierapetra
$276
London
$360 30.3% $84
Eating Out
Ierapetra
$257
London
$396 54.2% $139
Monthly Utilities & Internet
Ierapetra
$199
London
$432 117% $233
Clothing & Footwear
Ierapetra
$152
London
$205 34.6% $53
Sport & Entertainment
Ierapetra
$68
London
$92 35.2% $24
Getting Around
Ierapetra
$65
London
$305 370% $240

Cost Breakdown

A one-bedroom apartment in the center runs $497 in Ierapetra and $2,935 in London. Housing cost is often the main lever when comparing two cities.

Dining out: $56 in Ierapetra vs $109 in London for a mid-range dinner for two. Groceries echo the gap at $276 vs $360 per month, with Ierapetra cheaper across the board.

Good to know
🇬🇷 Ierapetra
🇬🇧 London
🕒 Local time
10:08 10:08 AM
08:08 8:08 AM
2 h behind Ierapetra
🌤 Weather
👥 Population
12,355
8,908,083 Capital
💱 Currency
Euro EUR €
Exchange rates and currency converter

GBP, USD to EUR – Euro Converter

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

British Pound exchange rates as of November 6, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.835 GBP (1 GBP = 1.2 EUR).

On the map
Between locations
  • Ierapetra London 2,760 km ≈ 4 h nonstop flight
From you
  • Ierapetra
  • London

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
Ierapetra vs London: Cost of Living - Frequently Asked Questions
Which city is more expensive, Ierapetra or London?
Ierapetra wins on cost – living expenses run 65% lower than in London. Housing and daily spending are where you’ll feel the difference most, making Ierapetra the obvious pick if budget is a priority.
How much do you need to earn to live comfortably in Ierapetra and in London?
You’d need roughly $2,099 in Ierapetra and $6,072 in London to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.
How much does a 1-bedroom apartment cost in Ierapetra compared to London?
Rent for a central apartment: $497 in Ierapetra versus $2,935 in London. Housing is usually the single largest factor when comparing overall living costs between the two.
How much does it cost to live in Ierapetra compared to London?
All in, you’ll spend $1,399 per month in Ierapetra versus $4,048 in London – Ierapetra is about 65% cheaper, which adds up to real savings over time.
How expensive is transport in Ierapetra compared to London?
A monthly transit pass in Ierapetra runs roughly 81% less than in London. The price difference matters if you commute daily and watch your budget.
Can you live on $1,000/month in Ierapetra or in London?
Both cities are expensive relative to $1,000. Ierapetra is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.
Which city offers a better quality of life: Ierapetra or London?
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.
Which city is more affordable for expats?
Expats usually find Ierapetra gentler on the wallet – expenses run 65% less than in London. Beyond cost, consider language, visa policies, and how big the international community is in each city.

Ierapetra vs other spots: cost of living compared

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