Last update: Nov 2026

Cost of Living Comparison Between Thessaloniki and Ierapetra

For one person, living is cheaper in Ierapetra: $1,399 a month against $1,670 in Thessaloniki, rent and utilities included – about $3,300 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Thessaloniki
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Thessaloniki Living Index
67

Cost of Living Index in Ierapetra
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Ierapetra Living Index

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Thessaloniki

🇬🇷 Greece

$1,670

/mo nomad

Ierapetra

🇬🇷 Greece

$1,399

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,670 in Thessaloniki versus $1,399 in Ierapetra.

Thessaloniki $1,670
Ierapetra $1,399

Estimated couple costs with rent: $2,550 in Thessaloniki versus $2,154 in Ierapetra.

Thessaloniki $2,550
Ierapetra $2,154

Monthly costs for a family of three with rent: $3,429 in Thessaloniki versus $2,908 in Ierapetra.

Thessaloniki $3,429
Ierapetra $2,908

Living in Thessaloniki is roughly 19% more expensive than in Ierapetra, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Thessaloniki 24% above, Ierapetra 3% above.

Meal at Budget Restaurant

$16.56 €14.77

$16.59 €14.80

-0.18%

Three-Course Dinner for Two, Mid-Range

$67.9 €60.5

$55.7 €49.70

21.79%

Fast Food Meal (McDonalds, etc)

$11.27 €10.05

$11.23 €10.02

0.36%

Cappuccino

$4.14 €3.69

$3.97 €3.54

4.28%

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

$2.96 €2.64

$2.13 €1.90

38.97%

Water (0.33 liter bottle)

$0.76 €0.68

$0.57 €0.51

33.33%

Local Beer (0.5 liter draught)

$5.54 €4.94

$4.44 €3.96

24.77%

Imported Beer (0.33 liter bottle)

$5.66 €5.05

$4.77 €4.25

18.66%

Milk (1 liter)

$1.75 €1.56

$1.10 €0.98

59.09%

White Bread (500g)

$1.77 €1.58

$1.10 €0.98

60.91%

Rice (white) (1kg)

$3.61 €3.22

$3.37 €3.01

7.12%

Eggs

$5.76 €5.13

$4.60 €4.11

25.22%

Local Cheese (1kg)

$14.23 €12.69

$16.68 €14.88

-14.69%

Chicken Fillets (1kg)

$11.26 €10.04

$9.35 €8.34

20.43%

Beef Round Steak (1kg)

$18.72 €16.70

$14.62 €13.04

28.04%

Apples (1kg)

$2.47 €2.20

$2.18 €1.95

13.30%

Banana (1kg)

$2.22 €1.98

$2.26 €2.02

-1.77%

Oranges (1kg)

$2.08 €1.85

$1.14 €1.01

82.46%

Tomato (1kg)

$2.76 €2.46

$1.11 €0.99

148.65%

Potato (1kg)

$1.27 €1.13

$1.09 €0.97

16.51%

Onion (1kg)

$1.17 €1.05

$1.00 €0.89

17.00%

Lettuce (1 head)

$1.51 €1.34

$1.20 €1.07

25.83%

Water (1.5 liter bottle)

$0.84 €0.75

$0.81 €0.72

3.70%

Cigarettes 20 Pack (Marlboro, Camel)

$5.74 €5.12

$5.45 €4.87

5.32%

Wine (Bottle)

$9.96 €8.89

$9.09 €8.11

9.57%

Local Beer (0.5 liter bottle)

$2.01 €1.80

$1.42 €1.27

41.55%

Imported Beer (0.33 liter bottle)

$3.26 €2.91

$1.14 €1.02

185.96%

One-way Ticket (Public Transport)

$0.68 €0.61

$1.39 €1.24

-51.08%

Public Transport Monthly Pass (Regular Price)

$17.74 €15.83

$50.6 €45.13

-64.94%

Taxi Start (Normal Tariff)

$4.44 €3.96

$3.84 €3.42

15.63%

Taxi (Normal Tariff) (1km)

$1.15 €1.03

$1.00 €0.89

15.00%

Taxi 1hour Waiting (Normal Tariff)

$16.48 €14.70

$16.60 €14.80

-0.72%

Gasoline (1 liter)

$2.27 €2.03

$2.11 €1.88

7.58%

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

$28.5K €25.4K

$27.6K €24.6K

3.17%

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

$28.1K €25.1K

$24.4K €21.8K

15.10%

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

$220 €196

$148 €132

48.66%

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

$23.51 €20.97

$18.09 €16.13

29.96%

Internet (50+ Mbps, Unlimited Data)

$30.52 €27.23

$32.88 €29.33

-7.18%

Gym Membership (Monthly)

$53.6 €47.77

$50.6 €45.10

5.91%

Tennis Court (1 Hour on Weekend)

$16.16 €14.41

$19.62 €17.50

-17.64%

Cinema Ticket

$10.45 €9.32

$8.72 €7.77

19.84%

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

$480 €428

$474 €423

1.32%

International Primary School, 1 Child (Yearly)

$11.9K €10.6K

$6,699 €5,975

77.33%

Jeans (Levis 501 Or Similar)

$95.9 €85.5

$74.2 €66.2

29.26%

Summer Dress (H&M, Zara, etc)

$46.13 €41.15

$30.59 €27.29

50.80%

Sport Shoes (Adidas, Nike)

$126 €112

$107 €95.1

18.06%

Men's Leather Business Shoes

$133 €119

$127 €113

5.04%

1-bedroom Apartment, City Center (Monthly)

$619 €552

$497 €443

24.68%

1-bedroom Apartment, Outside City Center (Monthly)

$507 €452

$382 €341

32.57%

3-bedroom Apartment, City Center (Monthly)

$1,105 €986

$732 €653

50.94%

3-bedroom Apartment, Outside City Center (Monthly)

$836 €746

$618 €552

35.26%

Buy Apartment in City Center (m2)

$3,647 €3,253

$2,432 €2,169

49.94%

Buy Apartment Outside City Center (m2)

$2,797 €2,495

$1,922 €1,715

45.53%

Average Monthly Net Salary (After Tax)

$1,162 €1,036

20-Year Fixed Mortgage Interest Rate (Annual %)

5.34

4.53

17.88%

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

Last update for Thessaloniki: November 2, 2026

Last update for Ierapetra: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Thessaloniki

$507 30.3%

Ierapetra

$382 27.3% 24.6% $125

Groceries & Markets

Thessaloniki

$334 20%

Ierapetra

$276 19.8% 17.3% $58

Monthly Utilities & Internet

Thessaloniki

$274 16.4%

Ierapetra

$199 14.2% 27.4% $75

Eating Out

Thessaloniki

$270 16.2%

Ierapetra

$257 18.3% 4.9% $13

Clothing & Footwear

Thessaloniki

$180 10.8%

Ierapetra

$152 10.9% 15.7% $28

Sport & Entertainment

Thessaloniki

$74 4.5%

Ierapetra

$68 4.9% 8.7% $6.5

Getting Around

Thessaloniki

$31 1.8%

Ierapetra

$65 4.7% 112% $34

Cost Breakdown

A one-bedroom apartment in the center runs $619 in Thessaloniki and $497 in Ierapetra. Housing cost is often the main lever when comparing two cities.

Dining out: $68 in Thessaloniki vs $56 in Ierapetra for a mid-range dinner for two. Groceries echo the gap at $334 vs $276 per month, with Ierapetra cheaper across the board.

Good to know

🇬🇷 Thessaloniki

🇬🇷 Ierapetra

🕒 Local time

13:36 1:36 PM

Same time as Thessaloniki

🌤 Weather

👥 Population

790,824

12,355

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Thessaloniki Ierapetra 670 km ≈ 1 h 15 min nonstop flight

From you

Thessaloniki
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

Thessaloniki vs Ierapetra: Cost of Living - Frequently Asked Questions

Ierapetra wins on cost – living expenses run 16% lower than in Thessaloniki. 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 $2,505 in Thessaloniki 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: $619 in Thessaloniki versus $497 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,670 per month in Thessaloniki versus $1,399 in Ierapetra – Ierapetra is about 16% cheaper, which adds up to real savings over time.

A monthly transit pass in Thessaloniki runs roughly 65% less than in Ierapetra. 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.