Last update: Nov 2026

Cost of Living Comparison Between London and Ioannina

For one person, living is cheaper in Ioannina: $1,398 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
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London Living Index
67

Cost of Living Index in Ioannina
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Ioannina Living Index

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London

🇬🇧 United Kingdom

$4,048

/mo nomad

Ioannina

🇬🇷 Greece

$1,398

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Ioannina

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

Monthly costs for one person with rent: $4,048 in London versus $1,398 in Ioannina.

London $4,048
Ioannina $1,398

Estimated couple costs with rent: $5,903 in London versus $2,125 in Ioannina.

London $5,903
Ioannina $2,125

Monthly costs for a family of three with rent: $7,758 in London versus $2,853 in Ioannina.

London $7,758
Ioannina $2,853

Living in London is roughly 190% more expensive than in Ioannina, and outside of rent the biggest gap is in transport.

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

Meal at Budget Restaurant

$26.36 £19.59

$17.01 €15.14

54.97%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

$33.73 €30.03

221.88%

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$11.10 €9.88

-3.51%

Cappuccino

$5.59 £4.15

$4.08 €3.64

37.01%

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

$3.00 £2.23

$2.87 €2.55

4.53%

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

$4.55 €4.05

112.09%

Imported Beer (0.33 liter bottle)

$8.26 £6.14

$5.60 €4.99

47.50%

Milk (1 liter)

$1.97 £1.46

$1.75 €1.56

12.57%

White Bread (500g)

$2.09 £1.55

$1.14 €1.01

83.33%

Rice (white) (1kg)

$2.59 £1.93

$3.66 €3.26

-29.23%

Eggs

$5.37 £3.99

$3.58 €3.19

50.00%

Local Cheese (1kg)

$13.12 £9.75

$10.82 €9.63

21.26%

Chicken Fillets (1kg)

$11.03 £8.20

$9.18 €8.17

20.15%

Beef Round Steak (1kg)

$17.73 £13.17

$12.12 €10.79

46.29%

Apples (1kg)

$3.17 £2.36

$2.43 €2.17

30.45%

Banana (1kg)

$1.38 £1.03

$2.05 €1.83

-32.68%

Oranges (1kg)

$2.82 £2.10

$1.22 €1.09

131.15%

Tomato (1kg)

$3.36 £2.50

$2.59 €2.30

29.73%

Potato (1kg)

$1.70 £1.26

$1.13 €1.00

50.44%

Onion (1kg)

$1.78 £1.32

$1.06 €0.94

67.92%

Lettuce (1 head)

$1.49 £1.11

$0.99 €0.88

50.51%

Water (1.5 liter bottle)

$1.82 £1.35

$0.88 €0.78

106.82%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.72

$5.63 €5.02

323.62%

Wine (Bottle)

$13.44 £9.98

$6.69 €5.96

100.90%

Local Beer (0.5 liter bottle)

$3.11 £2.31

$1.99 €1.77

56.28%

Imported Beer (0.33 liter bottle)

$4.49 £3.34

$3.17 €2.83

41.64%

One-way Ticket (Public Transport)

$4.13 £3.07

$1.42 €1.27

190.85%

Public Transport Monthly Pass (Regular Price)

$266 £198

$49.82 €44.36

433.88%

Taxi Start (Normal Tariff)

$5.98 £4.44

$4.53 €4.03

32.01%

Taxi (Normal Tariff) (1km)

$3.39 £2.52

$0.99 €0.88

242.42%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

$16.83 €14.99

236.01%

Gasoline (1 liter)

$2.21 £1.64

$2.13 €1.90

3.76%

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

$38.3K £28.4K

$28.5K €25.4K

34.24%

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

$41.0K £30.5K

$26.6K €23.7K

54.10%

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

$372 £277

$218 €194

70.62%

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

$18.66 £13.87

$23.77 €21.17

-21.50%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.12

$29.52 €26.29

37.30%

Gym Membership (Monthly)

$56.0 £41.63

$43.87 €39.06

27.70%

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

$45.59 €40.60

-62.49%

Cinema Ticket

$17.95 £13.34

$9.02 €8.03

99.00%

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

$2,946 £2,189

$340 €302

767.43%

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

$8,851 €7,881

438.06%

Jeans (Levis 501 Or Similar)

$116 £86.4

$66.5 €59.2

74.74%

Summer Dress (H&M, Zara, etc)

$56.9 £42.28

$46.17 €41.11

23.24%

Sport Shoes (Adidas, Nike)

$128 £95.1

$74.9 €66.7

70.81%

Men's Leather Business Shoes

$154 £114

$135 €121

13.59%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

$458 €408

540.72%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

$324 €288

597.83%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,901

$712 €634

637.18%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

$611 €544

532.01%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$2,816 €2,508

510.18%

Buy Apartment Outside City Center (m2)

$8,278 £6,152

$2,334 €2,078

254.68%

Average Monthly Net Salary (After Tax)

$5,621 £4,177

$1,065 €948

427.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

4.73

1.06%

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

Last update for London: November 1, 2026

Last update for Ioannina: November 3, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Ioannina

$324 23.2% 85.7% $1.9K

Monthly Utilities & Internet

London

$432 10.7%

Ioannina

$272 19.4% 37.1% $160

Eating Out

London

$396 9.8%

Ioannina

$266 19% 32.8% $130

Groceries & Markets

London

$360 8.9%

Ioannina

$264 18.9% 26.6% $96

Getting Around

London

$305 7.6%

Ioannina

$65 4.7% 78.7% $240

Clothing & Footwear

London

$205 5.1%

Ioannina

$145 10.4% 29% $59

Sport & Entertainment

London

$92 2.3%

Ioannina

$62 4.4% 32.6% $30

Cost Breakdown

A one-bedroom apartment in the center runs $2,935 in London and $458 in Ioannina. Housing cost is often the main lever when comparing two cities.

London pays about 5.3 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $109 in London vs $34 in Ioannina for a mid-range dinner for two. Groceries echo the gap at $360 vs $264 per month, with Ioannina cheaper across the board.

Good to know

🇬🇧 London

🇬🇷 Ioannina

🕒 Local time

10:53 10:53 AM

12:53 12:53 PM

2 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

89,061

💱 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

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Between locations

London Ioannina 2,080 km ≈ 3 h nonstop flight

From you

London
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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 Ioannina: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $4,048 in London and $1,398 in Ioannina, so Ioannina is about 65% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in London is about 5.3 times higher, 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: $2,935 in London versus $458 in Ioannina. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $2,946 in London versus $340 in Ioannina. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 36% higher in London. For households that cook at home regularly, that difference adds up over a month.

At $1,398 in Ioannina versus $4,048 in London, a $2,000 budget is realistic in Ioannina but tight or insufficient in London. The gap between the two cities makes Ioannina 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.

Expats usually find Ioannina 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.