Last update: Oct 2026

Cost of Living Comparison Between Palaio Faliro, Athens and Thessaloniki

For one person, living costs are similar in Palaio Faliro, Athens and in Thessaloniki: $1,688 and $1,660 a month, rent and utilities included.

82

Cost of Living Index in Palaio Faliro, Athens
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Palaio Faliro, Athens Living Index
80

Cost of Living Index in Thessaloniki
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Thessaloniki Living Index

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Palaio Faliro, Athens

🇬🇷 Greece

$1,688

/mo nomad

Thessaloniki

🇬🇷 Greece

$1,660

/mo nomad

Monthly Cost of Living

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

A single person spends $1,688 per month in Palaio Faliro, Athens vs $1,660 in Thessaloniki, rent included.

Palaio Faliro, Athens $1,688
Thessaloniki $1,660

A couple spends around $2,635 per month in Palaio Faliro, Athens vs $2,529 in Thessaloniki, rent included.

Palaio Faliro, Athens $2,635
Thessaloniki $2,529

A family of three spends $3,581 per month in Palaio Faliro, Athens vs $3,398 in Thessaloniki, rent included.

Palaio Faliro, Athens $3,581
Thessaloniki $3,398

Palaio Faliro, Athens and Thessaloniki have comparable living costs – the differences are in the details.

Both Palaio Faliro, Athens and Thessaloniki sit above the global median – Palaio Faliro, Athens by 24%, Thessaloniki by 22%.

Meal at Budget Restaurant

$13.08 €11.72

$16.83 €15.08

-22.28%

Three-Course Dinner for Two, Mid-Range

$56.8 €50.9

$66.9 €59.9

-15.04%

Fast Food Meal (McDonalds, etc)

$10.40 €9.32

$11.04 €9.89

-5.80%

Cappuccino

$3.13 €2.81

$4.29 €3.84

-27.04%

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

$2.39 €2.14

$2.85 €2.56

-16.14%

Water (0.33 liter bottle)

$0.46 €0.41

$0.75 €0.67

-38.67%

Local Beer (0.5 liter draught)

$4.37 €3.92

$5.49 €4.92

-20.40%

Imported Beer (0.33 liter bottle)

$5.16 €4.63

$6.53 €5.85

-20.98%

Milk (1 liter)

$1.73 €1.55

$1.72 €1.54

0.58%

White Bread (500g)

$1.32 €1.18

$1.71 €1.53

-22.81%

Rice (white) (1kg)

$2.15 €1.92

$3.69 €3.31

-41.73%

Eggs

$2.88 €2.58

$5.52 €4.94

-47.83%

Local Cheese (1kg)

$15.89 €14.24

$13.99 €12.54

13.58%

Chicken Fillets (1kg)

$12.10 €10.84

$11.20 €10.04

8.04%

Beef Round Steak (1kg)

$14.09 €12.63

$18.82 €16.86

-25.13%

Apples (1kg)

$1.84 €1.65

$2.49 €2.23

-26.10%

Banana (1kg)

$1.74 €1.56

$2.14 €1.92

-18.69%

Oranges (1kg)

$1.20 €1.08

$2.16 €1.94

-44.44%

Tomato (1kg)

$1.82 €1.63

$2.75 €2.46

-33.82%

Potato (1kg)

$0.90 €0.80

$1.28 €1.14

-29.69%

Onion (1kg)

$0.85 €0.76

$1.23 €1.11

-30.89%

Lettuce (1 head)

$0.86 €0.77

$1.53 €1.37

-43.79%

Water (1.5 liter bottle)

$0.84 €0.76

$0.89 €0.80

-5.62%

Cigarettes 20 Pack (Marlboro, Camel)

$5.18 €4.64

$5.48 €4.91

-5.47%

Wine (Bottle)

$12.79 €11.46

$10.00 €8.96

27.90%

Local Beer (0.5 liter bottle)

$1.94 €1.73

$2.08 €1.87

-6.73%

Imported Beer (0.33 liter bottle)

$2.64 €2.37

$3.25 €2.91

-18.77%

One-way Ticket (Public Transport)

$1.55 €1.39

$0.66 €0.59

134.85%

Public Transport Monthly Pass (Regular Price)

$49.37 €44.24

$18.02 €16.15

173.97%

Taxi Start (Normal Tariff)

$4.17 €3.74

$4.14 €3.71

0.72%

Taxi (Normal Tariff) (1km)

$1.04 €0.93

$1.10 €0.99

-5.45%

Taxi 1hour Waiting (Normal Tariff)

$15.87 €14.22

$16.48 €14.77

-3.70%

Gasoline (1 liter)

$1.93 €1.73

$2.38 €2.13

-18.91%

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

$28.2K €25.2K

$27.9K €25.0K

1.05%

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

$25.8K €23.2K

$27.4K €24.6K

-5.82%

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

$202 €181

$210 €188

-3.91%

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

$31.34 €28.09

$23.21 €20.80

35.03%

Internet (50+ Mbps, Unlimited Data)

$30.58 €27.41

$30.46 €27.30

0.39%

Gym Membership (Monthly)

$51.4 €46.07

$52.1 €46.71

-1.36%

Tennis Court (1 Hour on Weekend)

$26.40 €23.65

$16.26 €14.57

62.36%

Cinema Ticket

$9.01 €8.07

$10.45 €9.36

-13.78%

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

$408 €366

$481 €431

-15.06%

International Primary School, 1 Child (Yearly)

$9,017 €8,080

$8,979 €8,046

0.42%

Jeans (Levis 501 Or Similar)

$82.1 €73.6

$97.4 €87.3

-15.65%

Summer Dress (H&M, Zara, etc)

$39.32 €35.24

$45.50 €40.77

-13.58%

Sport Shoes (Adidas, Nike)

$80.3 €72.0

$124 €111

-35.06%

Men's Leather Business Shoes

$126 €113

$130 €116

-2.71%

1-bedroom Apartment, City Center (Monthly)

$619 €555

$623 €559

-0.71%

1-bedroom Apartment, Outside City Center (Monthly)

$632 €566

$507 €454

24.70%

3-bedroom Apartment, City Center (Monthly)

$1,435 €1,286

$1,096 €982

30.91%

3-bedroom Apartment, Outside City Center (Monthly)

$1,266 €1,135

$823 €737

53.93%

Buy Apartment in City Center (m2)

$2,801 €2,510

$3,708 €3,323

-24.47%

Buy Apartment Outside City Center (m2)

$2,621 €2,349

$2,866 €2,568

-8.56%

Average Monthly Net Salary (After Tax)

$950 €851

$1,176 €1,054

-19.20%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

5.34

-16.10%

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

Last update for Palaio Faliro, Athens: October 26, 2026

Last update for Thessaloniki: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Palaio Faliro, Athens

$632 37.5%

Thessaloniki

$507 30.5% 19.8% $125

Groceries & Markets

Palaio Faliro, Athens

$293 17.4%

Thessaloniki

$333 20.1% 13.7% $40

Monthly Utilities & Internet

Palaio Faliro, Athens

$264 15.6%

Thessaloniki

$264 15.9% 0% $0

Eating Out

Palaio Faliro, Athens

$217 12.9%

Thessaloniki

$274 16.5% 26.3% $57

Clothing & Footwear

Palaio Faliro, Athens

$148 8.8%

Thessaloniki

$178 10.8% 20.8% $31

Sport & Entertainment

Palaio Faliro, Athens

$69 4.1%

Thessaloniki

$73 4.4% 5.2% $3.6

Getting Around

Palaio Faliro, Athens

$65 3.9%

Thessaloniki

$30 1.8% 53.3% $35

Cost Breakdown

A central one-bedroom costs $619 in Palaio Faliro, Athens versus $623 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 run about 24% higher in Thessaloniki. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $57 in Palaio Faliro, Athens versus $67 in Thessaloniki. Monthly groceries follow the same trend: $293 vs $333 – making Palaio Faliro, Athens the more affordable choice for daily food spending.

Good to know

🇬🇷 Palaio Faliro, Athens

🇬🇷 Thessaloniki

🕒 Local time

06:05 6:05 AM

Same time as Palaio Faliro, Athens

🌤 Weather

👥 Population

64,021

790,824

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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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

Palaio Faliro, Athens vs Thessaloniki: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,532 per month in Palaio Faliro, Athens and $2,490 in Thessaloniki. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $619 in Palaio Faliro, Athens and $623 in Thessaloniki. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Interestingly, groceries are about 12% cheaper in Palaio Faliro, Athens – one category where the pricier city actually offers better value.

Kindergarten costs $408 per month in Palaio Faliro, Athens and $481 in Thessaloniki. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$3,000 covers both cities comfortably – all-in costs are $1,688 in Palaio Faliro, Athens and $1,660 in Thessaloniki, leaving budget for savings and extras in both cases.

It depends on your priorities. Thessaloniki has an edge in some lifestyle areas, with costs from $1,660 in Thessaloniki to $1,688 in Palaio Faliro, Athens. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.