Last update: Oct 2026

Cost of Living Comparison Between Ierapetra and Thessaloniki

For one person, living is cheaper in Ierapetra: $1,412 a month against $1,660 in Thessaloniki, rent and utilities included – about $3,000 less a year. Rent and utilities account for most of the difference.

68

Cost of Living Index in Ierapetra
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Ierapetra Living Index
80

Cost of Living Index in Thessaloniki
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Thessaloniki Living Index

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Ierapetra

🇬🇷 Greece

$1,412

/mo nomad

Thessaloniki

🇬🇷 Greece

$1,660

/mo nomad

Monthly Cost of Living

How much you'll spend in Ierapetra and in Thessaloniki

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 Thessaloniki actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,412 in Ierapetra versus $1,660 in Thessaloniki.

Ierapetra $1,412
Thessaloniki $1,660

Estimated couple costs with rent: $2,171 in Ierapetra versus $2,529 in Thessaloniki.

Ierapetra $2,171
Thessaloniki $2,529

Monthly costs for a family of three with rent: $2,931 in Ierapetra versus $3,398 in Thessaloniki.

Ierapetra $2,931
Thessaloniki $3,398

Living in Ierapetra costs roughly 15% less than in Thessaloniki, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Ierapetra 4% above, Thessaloniki 22% above.

Meal at Budget Restaurant

$16.86 €15.15

$16.83 €15.12

0.18%

Three-Course Dinner for Two, Mid-Range

$55.2 €49.60

$66.9 €60.1

-17.49%

Fast Food Meal (McDonalds, etc)

$11.00 €9.89

$11.04 €9.92

-0.36%

Cappuccino

$4.05 €3.64

$4.29 €3.85

-5.59%

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

$2.18 €1.96

$2.85 €2.56

-23.51%

Water (0.33 liter bottle)

$0.54 €0.49

$0.75 €0.68

-28.00%

Local Beer (0.5 liter draught)

$4.58 €4.11

$5.49 €4.93

-16.58%

Imported Beer (0.33 liter bottle)

$4.66 €4.19

$6.53 €5.87

-28.64%

Milk (1 liter)

$1.15 €1.03

$1.72 €1.54

-33.14%

White Bread (500g)

$1.14 €1.02

$1.71 €1.54

-33.33%

Rice (white) (1kg)

$3.38 €3.04

$3.69 €3.32

-8.40%

Eggs

$4.68 €4.20

$5.52 €4.96

-15.22%

Local Cheese (1kg)

$16.89 €15.17

$13.99 €12.57

20.73%

Chicken Fillets (1kg)

$9.55 €8.58

$11.20 €10.07

-14.73%

Beef Round Steak (1kg)

$14.76 €13.27

$18.82 €16.91

-21.57%

Apples (1kg)

$2.17 €1.95

$2.49 €2.24

-12.85%

Banana (1kg)

$2.18 €1.96

$2.14 €1.93

1.87%

Oranges (1kg)

$1.13 €1.02

$2.16 €1.94

-47.69%

Tomato (1kg)

$1.09 €0.98

$2.75 €2.47

-60.36%

Potato (1kg)

$1.11 €1.00

$1.28 €1.15

-13.28%

Onion (1kg)

$1.02 €0.91

$1.23 €1.11

-17.07%

Lettuce (1 head)

$1.18 €1.06

$1.53 €1.37

-22.88%

Water (1.5 liter bottle)

$0.81 €0.73

$0.89 €0.80

-8.99%

Cigarettes 20 Pack (Marlboro, Camel)

$5.54 €4.98

$5.48 €4.93

1.09%

Wine (Bottle)

$8.97 €8.06

$10.00 €8.99

-10.30%

Local Beer (0.5 liter bottle)

$1.44 €1.29

$2.08 €1.87

-30.77%

Imported Beer (0.33 liter bottle)

$1.11 €1.00

$3.25 €2.92

-65.85%

One-way Ticket (Public Transport)

$1.40 €1.25

$0.66 €0.59

112.12%

Public Transport Monthly Pass (Regular Price)

$49.86 €44.80

$18.02 €16.19

176.69%

Taxi Start (Normal Tariff)

$4.02 €3.61

$4.14 €3.72

-2.90%

Taxi (Normal Tariff) (1km)

$2.28 €2.05

$1.10 €0.99

107.27%

Taxi 1hour Waiting (Normal Tariff)

$16.67 €14.98

$16.48 €14.81

1.15%

Gasoline (1 liter)

$2.17 €1.95

$2.38 €2.13

-8.82%

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

$27.5K €24.7K

$27.9K €25.0K

-1.35%

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

$24.1K €21.6K

$27.4K €24.7K

-12.28%

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

$146 €131

$210 €189

-30.56%

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

$17.67 €15.87

$23.21 €20.86

-23.87%

Internet (50+ Mbps, Unlimited Data)

$33.12 €29.76

$30.46 €27.37

8.73%

Gym Membership (Monthly)

$51.0 €45.78

$52.1 €46.83

-2.24%

Tennis Court (1 Hour on Weekend)

$19.50 €17.52

$16.26 €14.61

19.93%

Cinema Ticket

$9.18 €8.25

$10.45 €9.39

-12.15%

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

$468 €421

$481 €432

-2.66%

International Primary School, 1 Child (Yearly)

$6,582 €5,914

$8,979 €8,067

-26.70%

Jeans (Levis 501 Or Similar)

$75.2 €67.5

$97.4 €87.5

-22.80%

Summer Dress (H&M, Zara, etc)

$30.93 €27.79

$45.50 €40.88

-32.02%

Sport Shoes (Adidas, Nike)

$105 €93.9

$124 €111

-15.51%

Men's Leather Business Shoes

$128 €115

$130 €117

-1.16%

1-bedroom Apartment, City Center (Monthly)

$484 €435

$623 €560

-22.36%

1-bedroom Apartment, Outside City Center (Monthly)

$384 €345

$507 €455

-24.26%

3-bedroom Apartment, City Center (Monthly)

$743 €668

$1,096 €985

-32.19%

3-bedroom Apartment, Outside City Center (Monthly)

$618 €555

$823 €739

-24.84%

Buy Apartment in City Center (m2)

$2,497 €2,244

$3,708 €3,331

-32.66%

Buy Apartment Outside City Center (m2)

$1,922 €1,727

$2,866 €2,575

-32.94%

Average Monthly Net Salary (After Tax)

$1,176 €1,056

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

5.34

-15.17%

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

Last update for Ierapetra: October 27, 2026

Last update for Thessaloniki: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Ierapetra

$384 27.2%

Thessaloniki

$507 30.5% 32% $123

Groceries & Markets

Ierapetra

$279 19.8%

Thessaloniki

$333 20.1% 19.5% $54

Eating Out

Ierapetra

$260 18.4%

Thessaloniki

$274 16.5% 5.6% $15

Monthly Utilities & Internet

Ierapetra

$197 13.9%

Thessaloniki

$264 15.9% 34.1% $67

Clothing & Footwear

Ierapetra

$153 10.8%

Thessaloniki

$178 10.8% 16.9% $26

Getting Around

Ierapetra

$71 5%

Thessaloniki

$30 1.8% 57.3% $41

Sport & Entertainment

Ierapetra

$69 4.9%

Thessaloniki

$73 4.4% 5.3% $3.7

Cost Breakdown

A one-bedroom apartment in the center runs $484 in Ierapetra and $623 in Thessaloniki. Housing cost is often the main lever when comparing two cities.

Dining out: $55 in Ierapetra vs $67 in Thessaloniki for a mid-range dinner for two. Groceries echo the gap at $279 vs $333 per month, with Ierapetra cheaper across the board.

Good to know

🇬🇷 Ierapetra

🇬🇷 Thessaloniki

🕒 Local time

08:46 8:46 AM

Same time as Ierapetra

🌤 Weather

👥 Population

12,355

790,824

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.11 USD

Exchange rates and currency converter

On the map

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Between locations

Ierapetra Thessaloniki 670 km ≈ 1 h 15 min nonstop flight

From you

Ierapetra
Thessaloniki

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 Thessaloniki: Cost of Living - Frequently Asked Questions

Ierapetra wins on cost – living expenses run 15% lower than in Thessaloniki. Housing and daily spending are where you’ll feel the difference most, making Ierapetra the obvious pick if budget is a priority.

You’d need roughly $2,118 in Ierapetra and $2,490 in Thessaloniki 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.

Rent for a central apartment: $484 in Ierapetra versus $623 in Thessaloniki. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,412 per month in Ierapetra versus $1,660 in Thessaloniki – a 18% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Thessaloniki runs roughly 64% less than in Ierapetra. Both cities have functional networks, but the price difference matters if you’re watching your budget.

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.

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.