Last update: Nov 2026

Cost of Living Comparison Between London and Thessaloniki

For one person, living is cheaper in Thessaloniki: $1,670 a month against $4,048 in London, rent and utilities included – about $28,500 less a year. Rent and utilities account for most of the difference.

London, United Kingdom
Thessaloniki, Greece
London
🇬🇧 United Kingdom
$4,048
/mo nomad
Thessaloniki
🇬🇷 Greece
$1,670
/mo nomad
Monthly Cost of Living

How much you'll spend in London 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 London and in Thessaloniki actually costs, broken down by who's living it.

A single person spends $4,048 per month in London vs $1,670 in Thessaloniki, rent included.

  • London $4,048
  • Thessaloniki $1,670

A couple spends around $5,903 per month in London vs $2,550 in Thessaloniki, rent included.

  • London $5,903
  • Thessaloniki $2,550

A family of three spends $7,758 per month in London vs $3,429 in Thessaloniki, rent included.

  • London $7,758
  • Thessaloniki $3,429

London costs about 142% more than Thessaloniki, and outside of rent the biggest gap is in transport.

Both London and Thessaloniki sit above the global median – London by 199%, Thessaloniki by 24%.

Currency
🍽 Eating Out
London
Thessaloniki
Difference
Meal at Budget Restaurant
$26.36 £19.59
$16.56 €14.74
59.18%
Three-Course Dinner for Two, Mid-Range
$109 £80.7
$67.9 €60.4
60.01%
Fast Food Meal (McDonalds, etc)
$10.71 £7.96
$11.27 €10.03
-4.97%
Cappuccino
$5.59 £4.15
$4.14 €3.69
35.02%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.00 £2.23
$2.96 €2.63
1.35%
Water (0.33 liter bottle)
$2.22 £1.65
$0.76 €0.68
192.11%
Local Beer (0.5 liter draught)
$9.65 £7.17
$5.54 €4.93
74.19%
Imported Beer (0.33 liter bottle)
$8.26 £6.14
$5.66 €5.04
45.94%
🛒 Groceries & Markets
London
Thessaloniki
Difference
Milk (1 liter)
$1.97 £1.46
$1.75 €1.56
12.57%
White Bread (500g)
$2.09 £1.55
$1.77 €1.57
18.08%
Rice (white) (1kg)
$2.59 £1.93
$3.61 €3.22
-28.25%
Eggs
$5.37 £3.99
$5.76 €5.13
-6.77%
Local Cheese (1kg)
$13.12 £9.75
$14.23 €12.67
-7.80%
Chicken Fillets (1kg)
$11.03 £8.20
$11.26 €10.02
-2.04%
Beef Round Steak (1kg)
$17.73 £13.17
$18.72 €16.67
-5.29%
Apples (1kg)
$3.17 £2.36
$2.47 €2.20
28.34%
Banana (1kg)
$1.38 £1.03
$2.22 €1.98
-37.84%
Oranges (1kg)
$2.82 £2.10
$2.08 €1.85
35.58%
Tomato (1kg)
$3.36 £2.50
$2.76 €2.46
21.74%
Potato (1kg)
$1.70 £1.26
$1.27 €1.13
33.86%
Onion (1kg)
$1.78 £1.32
$1.17 €1.04
52.14%
Lettuce (1 head)
$1.49 £1.11
$1.51 €1.34
-1.32%
Water (1.5 liter bottle)
$1.82 £1.35
$0.84 €0.75
116.67%
Cigarettes 20 Pack (Marlboro, Camel)
$23.85 £17.72
$5.74 €5.11
315.51%
Wine (Bottle)
$13.44 £9.98
$9.96 €8.87
34.94%
Local Beer (0.5 liter bottle)
$3.11 £2.31
$2.01 €1.79
54.73%
Imported Beer (0.33 liter bottle)
$4.49 £3.34
$3.26 €2.90
37.73%
🚌 Getting Around
London
Thessaloniki
Difference
One-way Ticket (Public Transport)
$4.13 £3.07
$0.68 €0.61
507.35%
Public Transport Monthly Pass (Regular Price)
$266 £198
$17.74 €15.80
1399.32%
Taxi Start (Normal Tariff)
$5.98 £4.44
$4.44 €3.95
34.68%
Taxi (Normal Tariff) (1km)
$3.39 £2.52
$1.15 €1.02
194.78%
Taxi 1hour Waiting (Normal Tariff)
$56.6 £42.03
$16.48 €14.67
243.14%
Gasoline (1 liter)
$2.21 £1.64
$2.27 €2.02
-2.64%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$38.3K £28.4K
$28.5K €25.3K
34.46%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$41.0K £30.5K
$28.1K €25.0K
45.92%
🧾 Monthly Utilities & Internet
London
Thessaloniki
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$372 £277
$220 €196
69.36%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.66 £13.87
$23.51 €20.93
-20.63%
Internet (50+ Mbps, Unlimited Data)
$40.53 £30.12
$30.52 €27.18
32.80%
🎉 Sport & Entertainment
London
Thessaloniki
Difference
Gym Membership (Monthly)
$56.0 £41.63
$53.6 €47.68
4.61%
Tennis Court (1 Hour on Weekend)
$17.10 £12.71
$16.16 €14.39
5.82%
Cinema Ticket
$17.95 £13.34
$10.45 €9.31
71.77%
🧸 Childcare & Education
London
Thessaloniki
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,946 £2,189
$480 €428
513.21%
International Primary School, 1 Child (Yearly)
$47.6K £35.4K
$11.9K €10.6K
300.91%
👕👟 Clothing & Footwear
London
Thessaloniki
Difference
Jeans (Levis 501 Or Similar)
$116 £86.4
$95.9 €85.4
21.21%
Summer Dress (H&M, Zara, etc)
$56.9 £42.28
$46.13 €41.08
23.35%
Sport Shoes (Adidas, Nike)
$128 £95.1
$126 €112
1.69%
Men's Leather Business Shoes
$154 £114
$133 €118
15.72%
🏠 Accommodation & Living
London
Thessaloniki
Difference
1-bedroom Apartment, City Center (Monthly)
$2,935 £2,182
$619 €551
373.95%
1-bedroom Apartment, Outside City Center (Monthly)
$2,258 £1,678
$507 €451
345.58%
3-bedroom Apartment, City Center (Monthly)
$5,250 £3,901
$1,105 €984
375.11%
3-bedroom Apartment, Outside City Center (Monthly)
$3,859 £2,868
$836 €745
361.37%
Buy Apartment in City Center (m2)
$17.2K £12.8K
$3,647 €3,247
371.25%
Buy Apartment Outside City Center (m2)
$8,278 £6,152
$2,797 €2,491
195.93%
💵 Salaries & Financials
London
Thessaloniki
Difference
Average Monthly Net Salary (After Tax)
$5,621 £4,177
$1,162 €1,034
383.83%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.78
5.34
-10.49%

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

Last update for London: November 1, 2026

Last update for Thessaloniki: November 2, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
London
$2.3K
Thessaloniki
$507 77.6% $1.8K
Monthly Utilities & Internet
London
$432
Thessaloniki
$274 36.5% $158
Eating Out
London
$396
Thessaloniki
$270 31.8% $126
Groceries & Markets
London
$360
Thessaloniki
$334 7.2% $26
Getting Around
London
$305
Thessaloniki
$31 90% $275
Clothing & Footwear
London
$205
Thessaloniki
$180 11.9% $24
Sport & Entertainment
London
$92
Thessaloniki
$74 19% $17

Cost Breakdown

A central one-bedroom costs $2,935 in London versus $619 in Thessaloniki. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in London are about 4.8 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $109 in London versus $68 in Thessaloniki. Monthly groceries follow the same trend: $360 vs $334 – making Thessaloniki the more affordable choice for daily food spending.

Good to know
🇬🇧 London
🇬🇷 Thessaloniki
🕒 Local time
06:02 6:02 AM
08:02 8:02 AM
2 h ahead of London
🌤 Weather
👥 Population
8,908,083 Capital
790,824
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

British Pound exchange rates as of November 6, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.834 GBP (1 GBP = 1.2 EUR).

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

On the map
Between locations
  • London Thessaloniki 2,140 km ≈ 3 h 15 min nonstop flight
From you
  • London
  • 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
London vs Thessaloniki: Cost of Living - Frequently Asked Questions
How do living costs in London and in Thessaloniki compare overall?
Monthly costs with rent: $4,048 in London, $1,670 in Thessaloniki – Thessaloniki comes out roughly 59% cheaper. Outside of rent, the biggest gap is in transport.
What salary covers living expenses in London compared to Thessaloniki?
For a comfortable life, plan on about $6,072 per month in London and $2,505 in Thessaloniki. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between London and Thessaloniki?
Rent is clearly cheaper in Thessaloniki, especially for central apartments: a one-bedroom in the center costs $619 there versus $2,935 in London.
Which city has cheaper grocery shopping?
Groceries cost about 8% more in London, though the gap depends on what you buy.
Which city has cheaper restaurants?
A mid-range dinner for two costs $109 in London and $68 in Thessaloniki. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city is more doable on $3,000 per month?
A $3,000 monthly budget goes further in Thessaloniki, where all-in costs run around $1,670, than in London at $4,048. In Thessaloniki it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.
How does quality of life compare between London and Thessaloniki?
It depends on your priorities. Thessaloniki has an edge in some lifestyle areas, with costs from $1,670 in Thessaloniki to $4,048 in London. Climate, culture, job market, and personal taste all factor in.
How do I decide between London and Thessaloniki?
If budget matters most, go with Thessaloniki. If higher salaries or specific career opportunities are the priority, London makes more sense. Both are solid long-term options with distinct trade-offs.

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