Last update: Nov 2026

Cost of Living Comparison Between London and Ierapetra

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.

196

Cost of Living Index in London
Learn more

London Living Index
67

Cost of Living Index in Ierapetra
Learn more

Ierapetra Living Index

Jump to prices

London

🇬🇧 United Kingdom

$4,048

/mo nomad

Ierapetra

🇬🇷 Greece

$1,399

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Ierapetra

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

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

London $4,048
Ierapetra $1,399

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

London $5,903
Ierapetra $2,154

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

London $7,758
Ierapetra $2,908

Living in London is roughly 189% more expensive than in Ierapetra, and outside of rent the biggest gap is in transport.

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

Meal at Budget Restaurant

$26.36 £19.59

$16.59 €14.78

58.89%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

$55.7 €49.61

94.88%

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$11.23 €10.00

-4.63%

Cappuccino

$5.59 £4.15

$3.97 €3.53

40.81%

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

$3.00 £2.23

$2.13 €1.90

40.85%

Water (0.33 liter bottle)

$2.22 £1.65

$0.57 €0.51

289.47%

Local Beer (0.5 liter draught)

$9.65 £7.17

$4.44 €3.95

117.34%

Imported Beer (0.33 liter bottle)

$8.26 £6.14

$4.77 €4.24

73.17%

Milk (1 liter)

$1.97 £1.46

$1.10 €0.98

79.09%

White Bread (500g)

$2.09 £1.55

$1.10 €0.98

90.00%

Rice (white) (1kg)

$2.59 £1.93

$3.37 €3.00

-23.15%

Eggs

$5.37 £3.99

$4.60 €4.10

16.74%

Local Cheese (1kg)

$13.12 £9.75

$16.68 €14.85

-21.34%

Chicken Fillets (1kg)

$11.03 £8.20

$9.35 €8.32

17.97%

Beef Round Steak (1kg)

$17.73 £13.17

$14.62 €13.02

21.27%

Apples (1kg)

$3.17 £2.36

$2.18 €1.94

45.41%

Banana (1kg)

$1.38 £1.03

$2.26 €2.01

-38.94%

Oranges (1kg)

$2.82 £2.10

$1.14 €1.01

147.37%

Tomato (1kg)

$3.36 £2.50

$1.11 €0.99

202.70%

Potato (1kg)

$1.70 £1.26

$1.09 €0.97

55.96%

Onion (1kg)

$1.78 £1.32

$1.00 €0.89

78.00%

Lettuce (1 head)

$1.49 £1.11

$1.20 €1.06

24.17%

Water (1.5 liter bottle)

$1.82 £1.35

$0.81 €0.72

124.69%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.72

$5.45 €4.86

337.61%

Wine (Bottle)

$13.44 £9.98

$9.09 €8.10

47.85%

Local Beer (0.5 liter bottle)

$3.11 £2.31

$1.42 €1.27

119.01%

Imported Beer (0.33 liter bottle)

$4.49 £3.34

$1.14 €1.02

293.86%

One-way Ticket (Public Transport)

$4.13 £3.07

$1.39 €1.23

197.12%

Public Transport Monthly Pass (Regular Price)

$266 £198

$50.6 €45.05

425.65%

Taxi Start (Normal Tariff)

$5.98 £4.44

$3.84 €3.42

55.73%

Taxi (Normal Tariff) (1km)

$3.39 £2.52

$1.00 €0.89

239.00%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

$16.60 €14.78

240.66%

Gasoline (1 liter)

$2.21 £1.64

$2.11 €1.88

4.74%

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

$38.3K £28.4K

$27.6K €24.6K

38.72%

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

$41.0K £30.5K

$24.4K €21.7K

67.95%

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

$372 £277

$148 €132

151.78%

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

$18.66 £13.87

$18.09 €16.11

3.15%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.12

$32.88 €29.28

23.27%

Gym Membership (Monthly)

$56.0 £41.63

$50.6 €45.02

10.80%

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

$19.62 €17.47

-12.84%

Cinema Ticket

$17.95 £13.34

$8.72 €7.76

105.85%

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

$2,946 £2,189

$474 €422

521.28%

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

$6,699 €5,964

610.92%

Jeans (Levis 501 Or Similar)

$116 £86.4

$74.2 €66.1

56.68%

Summer Dress (H&M, Zara, etc)

$56.9 £42.28

$30.59 €27.24

86.01%

Sport Shoes (Adidas, Nike)

$128 £95.1

$107 €94.9

20.06%

Men's Leather Business Shoes

$154 £114

$127 €113

21.55%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

$497 €442

490.93%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

$382 €340

490.72%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,901

$732 €652

617.15%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

$618 €551

524.02%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$2,432 €2,165

606.60%

Buy Apartment Outside City Center (m2)

$8,278 £6,152

$1,922 €1,711

330.67%

Average Monthly Net Salary (After Tax)

$5,621 £4,177

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

4.53

5.52%

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

Last update for London: November 1, 2026

Last update for Ierapetra: November 1, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Ierapetra

$382 27.3% 83.1% $1.9K

Monthly Utilities & Internet

London

$432 10.7%

Ierapetra

$199 14.2% 53.9% $233

Eating Out

London

$396 9.8%

Ierapetra

$257 18.3% 35.1% $139

Groceries & Markets

London

$360 8.9%

Ierapetra

$276 19.8% 23.3% $84

Getting Around

London

$305 7.6%

Ierapetra

$65 4.7% 78.7% $240

Clothing & Footwear

London

$205 5.1%

Ierapetra

$152 10.9% 25.7% $53

Sport & Entertainment

London

$92 2.3%

Ierapetra

$68 4.9% 26% $24

Cost Breakdown

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

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

Good to know

🇬🇧 London

🇬🇷 Ierapetra

🕒 Local time

15:50 3:50 PM

17:50 5:50 PM

2 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

12,355

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.35 USD

1 GBP = 1.2 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

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).

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

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

London Ierapetra 2,760 km ≈ 4 h nonstop flight

From you

London
Ierapetra

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

London vs Ierapetra: Cost of Living - Frequently Asked Questions

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.

You’d need roughly $6,072 in London and $2,099 in Ierapetra 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: $2,935 in London versus $497 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $4,048 per month in London versus $1,399 in Ierapetra – Ierapetra is about 65% cheaper, which adds up to real savings over time.

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.

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.

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.