Cost of Living Comparison Between Thessaloniki and Ioannina Cost of Living Comparison Between Thessaloniki and Ioannina

Monthly Cost of Living

Monthly costs for one person with rent: $1,544 in Thessaloniki versus $1,349 in Ioannina.

Estimated couple costs with rent: $2,338 in Thessaloniki versus $2,005 in Ioannina.

Monthly costs for a family of three with rent: $3,132 in Thessaloniki versus $2,661 in Ioannina.

Living in Thessaloniki is roughly 14% more expensive than Ioannina, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Thessaloniki 15% above, Ioannina 1% above.

Currency
🍽 Eating Out
Thessaloniki
Ioannina
Difference
Meal at Budget Restaurant
$17.51 €14.99
$17.66 €15.11
-0.85%
Three-Course Dinner for Two, Mid-Range
$56.7 €48.56
$34.59 €29.61
64.01%
Fast Food Meal (McDonalds, etc)
$10.55 €9.03
$10.05 €8.60
4.98%
Cappuccino
$4.24 €3.63
$3.87 €3.31
9.56%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.43 €2.08
$2.25 €1.92
8.00%
Water (0.33 liter bottle)
$0.56 €0.48
$0.55 €0.47
1.82%
Local Beer (0.5 liter draught)
$5.67 €4.85
$4.49 €3.85
26.28%
Imported Beer (0.33 liter bottle)
$5.96 €5.10
$5.65 €4.84
5.49%
🛒 Groceries & Markets
Thessaloniki
Ioannina
Difference
Milk (1 liter)
$1.53 €1.31
$1.48 €1.27
3.38%
White Bread (500g)
$1.46 €1.25
$1.19 €1.02
22.69%
Rice (white) (1kg)
$2.48 €2.13
$2.48 €2.12
-
Eggs
$4.32 €3.70
$3.43 €2.94
25.95%
Local Cheese (1kg)
$13.48 €11.54
$10.22 €8.75
31.90%
Chicken Fillets (1kg)
$11.36 €9.73
$8.15 €6.98
39.39%
Beef Round Steak (1kg)
$14.98 €12.82
$11.01 €9.42
36.06%
Apples (1kg)
$2.06 €1.77
$1.97 €1.69
4.57%
Banana (1kg)
$1.87 €1.60
$1.87 €1.60
-
Oranges (1kg)
$1.63 €1.39
$1.24 €1.06
31.45%
Tomato (1kg)
$2.35 €2.01
$2.32 €1.99
1.29%
Potato (1kg)
$1.28 €1.10
$1.25 €1.07
2.40%
Onion (1kg)
$1.33 €1.14
$1.06 €0.90
25.47%
Lettuce (1 head)
$1.09 €0.93
$1.03 €0.88
5.83%
Water (1.5 liter bottle)
$0.87 €0.75
$0.85 €0.73
2.35%
Cigarettes 20 Pack (Marlboro, Camel)
$5.23 €4.48
$5.22 €4.47
0.19%
Wine (Bottle)
$9.29 €7.95
$7.09 €6.07
31.03%
Local Beer (0.5 liter bottle)
$2.00 €1.71
$1.95 €1.67
2.56%
Imported Beer (0.33 liter bottle)
$2.69 €2.30
$2.79 €2.39
-3.58%
🚌 Getting Around
Thessaloniki
Ioannina
Difference
One-way Ticket (Public Transport)
$1.02 €0.87
$1.52 €1.30
-32.89%
Public Transport Monthly Pass (Regular Price)
$30.99 €26.53
$34.54 €29.57
-10.28%
Taxi Start (Normal Tariff)
$4.62 €3.95
$4.71 €4.03
-1.91%
Taxi 1hour Waiting (Normal Tariff)
$32.74 €28.02
$7.13 €6.11
359.19%
Gasoline (1 liter)
$2.12 €1.82
$2.09 €1.79
1.44%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$31.3K €26.8K
$24.7K €21.2K
26.48%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$31.7K €27.1K
$26.6K €22.7K
19.34%
🧾 Monthly Utilities & Internet
Thessaloniki
Ioannina
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$218 €187
$216 €185
1.04%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.70 €22.00
$20.66 €17.68
24.39%
Internet (50+ Mbps, Unlimited Data)
$30.50 €26.11
$30.59 €26.18
-0.29%
🎉 Sport & Entertainment
Thessaloniki
Ioannina
Difference
Gym Membership (Monthly)
$44.50 €38.09
$46.09 €39.45
-3.45%
Tennis Court (1 Hour on Weekend)
$18.35 €15.71
$46.10 €39.46
-60.20%
Cinema Ticket
$10.22 €8.75
$9.14 €7.82
11.82%
🧸 Childcare & Education
Thessaloniki
Ioannina
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$422 €361
$341 €292
23.72%
International Primary School, 1 Child (Yearly)
$8,462 €7,243
$8,383 €7,176
0.94%
👕👟 Clothing & Footwear
Thessaloniki
Ioannina
Difference
Jeans (Levis 501 Or Similar)
$83.6 €71.6
$69.9 €59.9
19.57%
Summer Dress (H&M, Zara, etc)
$37.16 €31.81
$36.87 €31.56
0.79%
Sport Shoes (Adidas, Nike)
$92.0 €78.8
$77.7 €66.6
18.34%
Men's Leather Business Shoes
$116 €99.2
$118 €101
-1.65%
🏠 Accommodation & Living
Thessaloniki
Ioannina
Difference
1-bedroom Apartment, City Center (Monthly)
$547 €468
$417 €357
31.05%
1-bedroom Apartment, Outside City Center (Monthly)
$454 €389
$308 €264
47.41%
3-bedroom Apartment, City Center (Monthly)
$930 €796
$684 €586
35.87%
3-bedroom Apartment, Outside City Center (Monthly)
$738 €631
$549 €470
34.33%
Buy Apartment in City Center (m2)
$3,856 €3,301
$3,133 €2,681
23.10%
Buy Apartment Outside City Center (m2)
$2,795 €2,393
$2,605 €2,230
7.31%
💵 Salaries & Financials
Thessaloniki
Ioannina
Difference
Average Monthly Net Salary (After Tax)
$1,183 €1,012
$1,124 €962
5.24%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.68
4.68
-

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

Last update for Thessaloniki: April 27, 2026

Last update for Ioannina: April 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $547 in Thessaloniki and $417 in Ioannina. Housing cost is often the main lever when comparing two cities.

Thessaloniki pays 5% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $57.0 in Thessaloniki vs $35.00 in Ioannina for a mid-range dinner for two. Groceries echo the gap at $294 vs $242 per month, with Ioannina cheaper across the board.

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 Ioannina: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Thessaloniki and Ioannina?
Thessaloniki and Ioannina differ by about 14% in total monthly costs ($1,544 vs $1,349 including rent). Ioannina is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city pays better: Thessaloniki or Ioannina?
Thessaloniki pays 5% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Thessaloniki and Ioannina?
Rent for a central apartment: $547 in Thessaloniki versus $417 in Ioannina. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Thessaloniki and Ioannina?
Childcare runs $422 in Thessaloniki versus $341 in Ioannina. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 22% higher in Thessaloniki. For households that cook at home regularly, that difference adds up over a month.
Which city is more doable on $2,000 per month?
At $1,349 in Ioannina versus $1,544 in Thessaloniki, a $2,000 budget is realistic in Ioannina but tight or insufficient in Thessaloniki. The gap between the two cities makes Ioannina the clear choice for anyone on this budget.
How does quality of life compare between Thessaloniki and Ioannina?
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.
Is Thessaloniki or Ioannina safer for residents?
Safety-wise, Thessaloniki and Ioannina are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Thessaloniki or Ioannina?
Expats usually find Ioannina gentler on the wallet – expenses run 14% less than in Thessaloniki. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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