Cost of Living Comparison Between Palaio Faliro, Athens and Volos Cost of Living Comparison Between Palaio Faliro, Athens and Volos

Monthly Cost of Living

A single person spends $1,768 per month in Palaio Faliro, Athens vs $1,593 in Volos, rent included.

A couple spends around $2,729 per month in Palaio Faliro, Athens vs $2,422 in Volos, rent included.

A family of three spends $3,690 per month in Palaio Faliro, Athens vs $3,251 in Volos, rent included.

Palaio Faliro, Athens costs about 11% more than Volos, driven mainly by Eating Out.

Both Palaio Faliro, Athens and Volos sit above the global median – Palaio Faliro, Athens by 28%, Volos by 16%.

Meal at Budget Restaurant

$13.42 €11.57

$21.03 €18.13

-36.19%

Three-Course Dinner for Two, Mid-Range

$57.4 €49.50

$57.4 €49.44

0.12%

Fast Food Meal (McDonalds, etc)

$10.70 €9.23

$10.49 €9.04

2.00%

Cappuccino

$3.12 €2.69

$4.64 €4.00

-32.76%

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

$2.42 €2.09

$2.78 €2.40

-12.95%

Water (0.33 liter bottle)

$0.52 €0.45

$0.62 €0.53

-16.13%

Local Beer (0.5 liter draught)

$4.72 €4.07

$5.87 €5.06

-19.59%

Imported Beer (0.33 liter bottle)

$5.66 €4.88

$5.96 €5.13

-5.03%

Milk (1 liter)

$1.85 €1.59

$1.63 €1.40

13.50%

White Bread (500g)

$1.34 €1.15

$1.58 €1.36

-15.19%

Rice (white) (1kg)

$2.27 €1.96

$2.89 €2.49

-21.45%

Eggs

$2.90 €2.50

$4.81 €4.15

-39.71%

Local Cheese (1kg)

$16.69 €14.39

$13.85 €11.94

20.51%

Chicken Fillets (1kg)

$12.52 €10.79

$10.78 €9.29

16.14%

Beef Round Steak (1kg)

$14.31 €12.34

$15.41 €13.28

-7.14%

Apples (1kg)

$1.92 €1.66

$2.51 €2.16

-23.51%

Banana (1kg)

$1.89 €1.63

$2.13 €1.84

-11.27%

Oranges (1kg)

$1.30 €1.12

$1.69 €1.46

-23.08%

Tomato (1kg)

$1.79 €1.55

$2.19 €1.88

-18.26%

Potato (1kg)

$0.97 €0.84

$0.93 €0.80

4.30%

Onion (1kg)

$0.92 €0.80

$1.06 €0.91

-13.21%

Lettuce (1 head)

$0.89 €0.77

$0.93 €0.81

-4.30%

Water (1.5 liter bottle)

$0.85 €0.73

$1.12 €0.97

-24.11%

Cigarettes 20 Pack (Marlboro, Camel)

$5.64 €4.86

$5.40 €4.66

4.44%

Wine (Bottle)

$13.02 €11.22

$9.46 €8.16

37.63%

Local Beer (0.5 liter bottle)

$2.06 €1.78

$2.24 €1.93

-8.04%

Imported Beer (0.33 liter bottle)

$2.81 €2.42

$2.45 €2.11

14.69%

One-way Ticket (Public Transport)

$1.60 €1.38

$1.41 €1.22

13.48%

Public Transport Monthly Pass (Regular Price)

$50.3 €43.39

$62.0 €53.4

-18.81%

Taxi Start (Normal Tariff)

$4.27 €3.68

$4.06 €3.50

5.17%

Taxi (Normal Tariff) (1km)

$0.98 €0.85

$1.03 €0.89

-4.85%

Taxi 1hour Waiting (Normal Tariff)

$16.95 €14.61

$20.26 €17.46

-16.34%

Gasoline (1 liter)

$2.10 €1.81

$2.19 €1.89

-4.11%

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

$29.6K €25.5K

$29.4K €25.3K

0.69%

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

$26.2K €22.5K

$25.7K €22.2K

1.77%

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

$220 €190

$221 €191

-0.62%

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

$32.51 €28.02

$23.87 €20.58

36.20%

Internet (50+ Mbps, Unlimited Data)

$30.83 €26.58

$30.65 €26.42

0.59%

Gym Membership (Monthly)

$52.9 €45.61

$54.5 €46.94

-2.83%

Tennis Court (1 Hour on Weekend)

$29.24 €25.21

$48.59 €41.88

-39.82%

Cinema Ticket

$9.19 €7.92

$9.45 €8.15

-2.75%

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

$441 €380

$279 €241

58.11%

International Primary School, 1 Child (Yearly)

$7,446 €6,418

Jeans (Levis 501 Or Similar)

$87.2 €75.1

$101 €87.4

-14.06%

Summer Dress (H&M, Zara, etc)

$40.91 €35.27

$61.1 €52.6

-33.00%

Sport Shoes (Adidas, Nike)

$78.6 €67.8

$91.0 €78.4

-13.61%

Men's Leather Business Shoes

$135 €117

$94.1 €81.1

43.73%

1-bedroom Apartment, City Center (Monthly)

$640 €552

$528 €455

21.31%

1-bedroom Apartment, Outside City Center (Monthly)

$664 €572

$394 €339

68.71%

3-bedroom Apartment, City Center (Monthly)

$1,505 €1,297

$767 €661

96.25%

3-bedroom Apartment, Outside City Center (Monthly)

$1,318 €1,136

$627 €540

110.36%

Buy Apartment in City Center (m2)

$2,883 €2,485

$2,582 €2,226

11.67%

Buy Apartment Outside City Center (m2)

$2,717 €2,342

$1,664 €1,434

63.26%

Average Monthly Net Salary (After Tax)

$998 €860

$1,046 €901

-4.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.42

4.47

-1.12%

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

Last update for Palaio Faliro, Athens: September 5, 2026

Last update for Volos: September 6, 2026

Cost Breakdown

A central one-bedroom costs $640 in Palaio Faliro, Athens versus $528 in Volos. 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 5% higher in Volos, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $57.0 in Palaio Faliro, Athens versus $57.0 in Volos. Monthly groceries follow the same trend: $304 vs $305 – making Palaio Faliro, Athens the more affordable choice for daily food spending.

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 Volos: Cost of Living - Frequently Asked Questions

Palaio Faliro, Athens costs about 11% more than Volos, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,652 per month in Palaio Faliro, Athens and $2,390 in Volos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Volos, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,768 in Palaio Faliro, Athens and $1,593 in Volos. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 23% less in Volos. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Volos, where all-in costs run around $1,593, than in Palaio Faliro, Athens at $1,768. In Volos it covers expenses comfortably, while in Palaio Faliro, Athens it requires careful planning or may not stretch far enough.

Families tend to lean toward Volos – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Volos. If higher salaries, better infrastructure, or specific career opportunities are the priority, Palaio Faliro, Athens makes more sense. Both are solid long-term options with distinct trade-offs.