Last update: Oct 2026

Cost of Living Comparison Between Italy and Greece

Name: Greece
Address: GR

For one person, living is cheaper in Greece: $1,530 a month against $1,843 in Italy, rent and utilities included – about $3,800 less a year. Rent and utilities account for most of the difference.

88

Cost of Living Index in Italy
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Italy Living Index
74

Cost of Living Index in Greece
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Greece Living Index

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🇮🇹 Italy

$1,843

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🇬🇷 Greece

$1,530

/mo nomad

Monthly Cost of Living

How much you'll spend in Italy and in Greece

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

Monthly costs for one person with rent: $1,843 in Italy versus $1,530 in Greece.

Italy $1,843
Greece $1,530

Estimated couple costs with rent: $2,816 in Italy versus $2,338 in Greece.

Italy $2,816
Greece $2,338

Monthly costs for a family of three with rent: $3,788 in Italy versus $3,146 in Greece.

Italy $3,788
Greece $3,146

Internal cost variation is higher in Italy: monthly costs span $1,038 to $2,555, compared to $1,037–$2,142 in Greece. City choice carries more weight in Italy.

Living in Italy is roughly 20% more expensive than in Greece on average.

Both countries sit above the global median: Italy 35% above, Greece 12% above.

Meal at Budget Restaurant

$20.46 €18.38

$16.48 €14.81

24.15%

Three-Course Dinner for Two, Mid-Range

$79.5 €71.4

$55.5 €49.85

43.29%

Fast Food Meal (McDonalds, etc)

$11.15 €10.02

$11.00 €9.88

1.36%

Cappuccino

$2.04 €1.83

$3.89 €3.50

-47.56%

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

$3.10 €2.79

$2.46 €2.21

26.02%

Water (0.33 liter bottle)

$1.40 €1.26

$0.63 €0.56

122.22%

Local Beer (0.5 liter draught)

$5.51 €4.95

$5.74 €5.16

-4.01%

Imported Beer (0.33 liter bottle)

$5.74 €5.16

$5.61 €5.04

2.32%

Milk (1 liter)

$1.57 €1.41

$1.75 €1.57

-10.29%

White Bread (500g)

$2.38 €2.14

$1.42 €1.28

67.61%

Rice (white) (1kg)

$2.90 €2.60

$2.57 €2.31

12.84%

Eggs

$4.07 €3.66

$4.54 €4.08

-10.35%

Local Cheese (1kg)

$17.44 €15.67

$13.68 €12.29

27.49%

Chicken Fillets (1kg)

$12.56 €11.28

$10.28 €9.24

22.18%

Beef Round Steak (1kg)

$20.17 €18.12

$15.57 €13.99

29.54%

Apples (1kg)

$2.58 €2.32

$2.20 €1.98

17.27%

Banana (1kg)

$2.19 €1.97

$1.96 €1.76

11.73%

Oranges (1kg)

$2.68 €2.41

$1.49 €1.34

79.87%

Tomato (1kg)

$3.27 €2.94

$2.09 €1.88

56.46%

Potato (1kg)

$1.90 €1.71

$1.20 €1.08

58.33%

Onion (1kg)

$1.82 €1.63

$1.14 €1.03

59.65%

Lettuce (1 head)

$1.57 €1.41

$1.07 €0.97

46.73%

Water (1.5 liter bottle)

$0.55 €0.49

$0.83 €0.75

-33.73%

Cigarettes 20 Pack (Marlboro, Camel)

$6.69 €6.01

$5.46 €4.91

22.53%

Wine (Bottle)

$7.99 €7.18

$9.01 €8.10

-11.32%

Local Beer (0.5 liter bottle)

$1.77 €1.59

$1.97 €1.77

-10.15%

Imported Beer (0.33 liter bottle)

$2.35 €2.11

$2.73 €2.45

-13.92%

One-way Ticket (Public Transport)

$1.91 €1.72

$1.37 €1.23

39.42%

Public Transport Monthly Pass (Regular Price)

$43.44 €39.03

$33.37 €29.98

30.18%

Taxi Start (Normal Tariff)

$5.62 €5.05

$4.49 €4.03

25.17%

Taxi (Normal Tariff) (1km)

$1.71 €1.54

$1.09 €0.98

56.88%

Taxi 1hour Waiting (Normal Tariff)

$33.64 €30.22

$16.48 €14.81

104.13%

Gasoline (1 liter)

$2.03 €1.82

$2.22 €2.00

-8.56%

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

$35.3K €31.7K

$28.1K €25.2K

25.71%

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

$36.7K €33.0K

$26.3K €23.6K

39.67%

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

$227 €204

$209 €188

8.51%

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

$11.59 €10.41

$24.10 €21.65

-51.91%

Internet (50+ Mbps, Unlimited Data)

$30.38 €27.30

$31.62 €28.41

-3.92%

Gym Membership (Monthly)

$51.8 €46.52

$47.95 €43.09

7.97%

Tennis Court (1 Hour on Weekend)

$23.70 €21.29

$22.90 €20.58

3.49%

Cinema Ticket

$10.60 €9.53

$10.07 €9.04

5.26%

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

$568 €510

$435 €391

30.39%

International Primary School, 1 Child (Yearly)

$11.5K €10.4K

$9,696 €8,711

18.85%

Jeans (Levis 501 Or Similar)

$90.5 €81.3

$86.6 €77.8

4.55%

Summer Dress (H&M, Zara, etc)

$38.55 €34.64

$40.65 €36.53

-5.17%

Sport Shoes (Adidas, Nike)

$103 €92.2

$96.2 €86.5

6.67%

Men's Leather Business Shoes

$131 €118

$116 €104

12.77%

1-bedroom Apartment, City Center (Monthly)

$826 €742

$558 €501

47.94%

1-bedroom Apartment, Outside City Center (Monthly)

$646 €581

$440 €396

46.76%

3-bedroom Apartment, City Center (Monthly)

$1,400 €1,258

$944 €848

48.34%

3-bedroom Apartment, Outside City Center (Monthly)

$1,054 €947

$765 €688

37.75%

Buy Apartment in City Center (m2)

$3,662 €3,290

$3,088 €2,774

18.61%

Buy Apartment Outside City Center (m2)

$2,301 €2,068

$2,368 €2,128

-2.83%

Average Monthly Net Salary (After Tax)

$1,886 €1,695

$1,109 €997

70.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.56

4.54

-21.59%

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

Last update for Italy: October 24, 2026

Last update for Greece: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Italy

$646 35.1%

Greece

$440 28.8% 31.9% $206

Groceries & Markets

Italy

$348 18.9%

Greece

$292 19.1% 16.1% $56

Eating Out

Italy

$279 15.1%

Greece

$264 17.2% 5.3% $15

Monthly Utilities & Internet

Italy

$269 14.6%

Greece

$265 17.3% 1.5% $4

Clothing & Footwear

Italy

$163 8.9%

Greece

$153 10% 6.4% $10

Sport & Entertainment

Italy

$73 4%

Greece

$68 4.5% 6.7% $4.9

Getting Around

Italy

$65 3.5%

Greece

$49 3.2% 25.2% $16

Cost Breakdown

National rent averages: $729 in Italy, $507 in Greece. Capital cities: $1,297 in Rome vs $740 in Athens.

National salary averages: $1,890 in Italy, $1,079 in Greece. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 44% higher in Italy.

Dining out costs 40% more in Italy.

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

Good to know

🇮🇹 Italy

🇬🇷 Greece

🕒 Local time

08:50 8:50 AM

09:50 9:50 AM

1 h ahead of Italy

🌤 Weather

👥 Population

58,850,717

10,482,487

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.11 USD

Exchange rates and currency converter

On the map

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Highest

Between locations

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

From you

Italy
Greece

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

Italy vs Greece: Cost of Living - Frequently Asked Questions

At $1,530 per month in Greece and $1,843 in Italy, there’s a 20% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Rent for a central one-bedroom averages $729 in Italy and $507 in Greece. Rents vary a lot between cities, so the gap depends on where you settle.

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.