Last update: Oct 2026

Cost of Living Comparison Between Thessaloniki and Palaio Faliro, Athens

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

80

Cost of Living Index in Thessaloniki
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Thessaloniki Living Index
82

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

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Thessaloniki

🇬🇷 Greece

$1,660

/mo nomad

Palaio Faliro, Athens

🇬🇷 Greece

$1,688

/mo nomad

Monthly Cost of Living

How much you'll spend in Thessaloniki and in Palaio Faliro, Athens

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 Palaio Faliro, Athens actually costs, broken down by who's living it.

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

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

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

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

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

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

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

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

Meal at Budget Restaurant

$16.83 €15.08

$13.08 €11.72

28.67%

Three-Course Dinner for Two, Mid-Range

$66.9 €59.9

$56.8 €50.9

17.70%

Fast Food Meal (McDonalds, etc)

$11.04 €9.89

$10.40 €9.32

6.15%

Cappuccino

$4.29 €3.84

$3.13 €2.81

37.06%

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

$2.85 €2.56

$2.39 €2.14

19.25%

Water (0.33 liter bottle)

$0.75 €0.67

$0.46 €0.41

63.04%

Local Beer (0.5 liter draught)

$5.49 €4.92

$4.37 €3.92

25.63%

Imported Beer (0.33 liter bottle)

$6.53 €5.85

$5.16 €4.63

26.55%

Milk (1 liter)

$1.72 €1.54

$1.73 €1.55

-0.58%

White Bread (500g)

$1.71 €1.53

$1.32 €1.18

29.55%

Rice (white) (1kg)

$3.69 €3.31

$2.15 €1.92

71.63%

Eggs

$5.52 €4.94

$2.88 €2.58

91.67%

Local Cheese (1kg)

$13.99 €12.54

$15.89 €14.24

-11.96%

Chicken Fillets (1kg)

$11.20 €10.04

$12.10 €10.84

-7.44%

Beef Round Steak (1kg)

$18.82 €16.86

$14.09 €12.63

33.57%

Apples (1kg)

$2.49 €2.23

$1.84 €1.65

35.33%

Banana (1kg)

$2.14 €1.92

$1.74 €1.56

22.99%

Oranges (1kg)

$2.16 €1.94

$1.20 €1.08

80.00%

Tomato (1kg)

$2.75 €2.46

$1.82 €1.63

51.10%

Potato (1kg)

$1.28 €1.14

$0.90 €0.80

42.22%

Onion (1kg)

$1.23 €1.11

$0.85 €0.76

44.71%

Lettuce (1 head)

$1.53 €1.37

$0.86 €0.77

77.91%

Water (1.5 liter bottle)

$0.89 €0.80

$0.84 €0.76

5.95%

Cigarettes 20 Pack (Marlboro, Camel)

$5.48 €4.91

$5.18 €4.64

5.79%

Wine (Bottle)

$10.00 €8.96

$12.79 €11.46

-21.81%

Local Beer (0.5 liter bottle)

$2.08 €1.87

$1.94 €1.73

7.22%

Imported Beer (0.33 liter bottle)

$3.25 €2.91

$2.64 €2.37

23.11%

One-way Ticket (Public Transport)

$0.66 €0.59

$1.55 €1.39

-57.42%

Public Transport Monthly Pass (Regular Price)

$18.02 €16.15

$49.37 €44.24

-63.50%

Taxi Start (Normal Tariff)

$4.14 €3.71

$4.17 €3.74

-0.72%

Taxi (Normal Tariff) (1km)

$1.10 €0.99

$1.04 €0.93

5.77%

Taxi 1hour Waiting (Normal Tariff)

$16.48 €14.77

$15.87 €14.22

3.84%

Gasoline (1 liter)

$2.38 €2.13

$1.93 €1.73

23.32%

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

$27.9K €25.0K

$28.2K €25.2K

-1.04%

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

$27.4K €24.6K

$25.8K €23.2K

6.18%

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

$210 €188

$202 €181

4.07%

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

$23.21 €20.80

$31.34 €28.09

-25.94%

Internet (50+ Mbps, Unlimited Data)

$30.46 €27.30

$30.58 €27.41

-0.39%

Gym Membership (Monthly)

$52.1 €46.71

$51.4 €46.07

1.38%

Tennis Court (1 Hour on Weekend)

$16.26 €14.57

$26.40 €23.65

-38.41%

Cinema Ticket

$10.45 €9.36

$9.01 €8.07

15.98%

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

$481 €431

$408 €366

17.73%

International Primary School, 1 Child (Yearly)

$8,979 €8,046

$9,017 €8,080

-0.42%

Jeans (Levis 501 Or Similar)

$97.4 €87.3

$82.1 €73.6

18.56%

Summer Dress (H&M, Zara, etc)

$45.50 €40.77

$39.32 €35.24

15.72%

Sport Shoes (Adidas, Nike)

$124 €111

$80.3 €72.0

54.00%

Men's Leather Business Shoes

$130 €116

$126 €113

2.78%

1-bedroom Apartment, City Center (Monthly)

$623 €559

$619 €555

0.71%

1-bedroom Apartment, Outside City Center (Monthly)

$507 €454

$632 €566

-19.80%

3-bedroom Apartment, City Center (Monthly)

$1,096 €982

$1,435 €1,286

-23.61%

3-bedroom Apartment, Outside City Center (Monthly)

$823 €737

$1,266 €1,135

-35.04%

Buy Apartment in City Center (m2)

$3,708 €3,323

$2,801 €2,510

32.39%

Buy Apartment Outside City Center (m2)

$2,866 €2,568

$2,621 €2,349

9.36%

Average Monthly Net Salary (After Tax)

$1,176 €1,054

$950 €851

23.77%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.34

4.48

19.20%

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

Last update for Thessaloniki: October 27, 2026

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

Monthly budget structure

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

Accommodation & Living

Thessaloniki

$507 30.5%

Palaio Faliro, Athens

$632 37.5% 24.7% $125

Groceries & Markets

Thessaloniki

$333 20.1%

Palaio Faliro, Athens

$293 17.4% 12.1% $40

Eating Out

Thessaloniki

$274 16.5%

Palaio Faliro, Athens

$217 12.9% 20.8% $57

Monthly Utilities & Internet

Thessaloniki

$264 15.9%

Palaio Faliro, Athens

$264 15.6% 0% $0

Clothing & Footwear

Thessaloniki

$178 10.8%

Palaio Faliro, Athens

$148 8.8% 17.2% $31

Sport & Entertainment

Thessaloniki

$73 4.4%

Palaio Faliro, Athens

$69 4.1% 4.9% $3.6

Getting Around

Thessaloniki

$30 1.8%

Palaio Faliro, Athens

$65 3.9% 114% $35

Cost Breakdown

A central one-bedroom costs $623 in Thessaloniki versus $619 in Palaio Faliro, Athens. 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 $67 in Thessaloniki versus $57 in Palaio Faliro, Athens. Monthly groceries follow the same trend: $333 vs $293 – making Palaio Faliro, Athens the more affordable choice for daily food spending.

Good to know

🇬🇷 Thessaloniki

🇬🇷 Palaio Faliro, Athens

🕒 Local time

06:05 6:05 AM

Same time as Thessaloniki

🌤 Weather

👥 Population

790,824

64,021

💱 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

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

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

A central 1-bedroom goes for about $623 in Thessaloniki and $619 in Palaio Faliro, Athens. 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 $481 per month in Thessaloniki and $408 in Palaio Faliro, Athens. 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 $1,660 in Thessaloniki and $1,688 in Palaio Faliro, Athens, 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.