Last update: Nov 2026

Cost of Living Comparison Between Volos and Ierapetra

For one person, living is cheaper in Ierapetra: $1,399 a month against $1,537 in Volos, rent and utilities included – about $1,700 less a year. Rent and utilities account for about half of the difference.

73

Cost of Living Index in Volos
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Volos Living Index
67

Cost of Living Index in Ierapetra
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Ierapetra Living Index

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Volos

🇬🇷 Greece

$1,537

/mo nomad

Ierapetra

🇬🇷 Greece

$1,399

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,537 in Volos versus $1,399 in Ierapetra.

Volos $1,537
Ierapetra $1,399

Estimated couple costs with rent: $2,336 in Volos versus $2,154 in Ierapetra.

Volos $2,336
Ierapetra $2,154

Monthly costs for a family of three with rent: $3,136 in Volos versus $2,908 in Ierapetra.

Volos $3,136
Ierapetra $2,908

Living in Volos is roughly 10% more expensive than in Ierapetra, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Volos 14% above, Ierapetra 3% above.

Meal at Budget Restaurant

$20.22 €18.03

$16.59 €14.80

21.88%

Three-Course Dinner for Two, Mid-Range

$56.7 €50.5

$55.7 €49.70

1.71%

Fast Food Meal (McDonalds, etc)

$10.27 €9.16

$11.23 €10.02

-8.55%

Cappuccino

$4.51 €4.02

$3.97 €3.54

13.60%

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

$2.71 €2.41

$2.13 €1.90

27.23%

Water (0.33 liter bottle)

$0.66 €0.59

$0.57 €0.51

15.79%

Local Beer (0.5 liter draught)

$5.62 €5.01

$4.44 €3.96

26.58%

Imported Beer (0.33 liter bottle)

$5.47 €4.88

$4.77 €4.25

14.68%

Milk (1 liter)

$1.57 €1.40

$1.10 €0.98

42.73%

White Bread (500g)

$1.48 €1.32

$1.10 €0.98

34.55%

Rice (white) (1kg)

$2.74 €2.44

$3.37 €3.01

-18.69%

Eggs

$4.79 €4.27

$4.60 €4.11

4.13%

Local Cheese (1kg)

$13.29 €11.86

$16.68 €14.88

-20.32%

Chicken Fillets (1kg)

$10.12 €9.03

$9.35 €8.34

8.24%

Beef Round Steak (1kg)

$14.65 €13.06

$14.62 €13.04

0.21%

Apples (1kg)

$2.41 €2.15

$2.18 €1.95

10.55%

Banana (1kg)

$1.96 €1.75

$2.26 €2.02

-13.27%

Oranges (1kg)

$1.73 €1.54

$1.14 €1.01

51.75%

Tomato (1kg)

$2.01 €1.80

$1.11 €0.99

81.08%

Potato (1kg)

$0.88 €0.79

$1.09 €0.97

-19.27%

Onion (1kg)

$1.05 €0.94

$1.00 €0.89

5.00%

Lettuce (1 head)

$0.91 €0.81

$1.20 €1.07

-24.17%

Water (1.5 liter bottle)

$1.04 €0.93

$0.81 €0.72

28.40%

Cigarettes 20 Pack (Marlboro, Camel)

$5.18 €4.62

$5.45 €4.87

-4.95%

Wine (Bottle)

$9.06 €8.08

$9.09 €8.11

-0.33%

Local Beer (0.5 liter bottle)

$2.25 €2.00

$1.42 €1.27

58.45%

Imported Beer (0.33 liter bottle)

$2.34 €2.09

$1.14 €1.02

105.26%

One-way Ticket (Public Transport)

$1.36 €1.21

$1.39 €1.24

-2.16%

Public Transport Monthly Pass (Regular Price)

$60.2 €53.7

$50.6 €45.13

19.01%

Taxi Start (Normal Tariff)

$3.94 €3.52

$3.84 €3.42

2.60%

Taxi (Normal Tariff) (1km)

$0.99 €0.88

$1.00 €0.89

-1.00%

Taxi 1hour Waiting (Normal Tariff)

$19.77 €17.63

$16.60 €14.80

19.10%

Gasoline (1 liter)

$2.12 €1.89

$2.11 €1.88

0.47%

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

$28.0K €25.0K

$27.6K €24.6K

1.63%

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

$24.9K €22.2K

$24.4K €21.8K

1.78%

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

$214 €191

$148 €132

44.97%

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

$22.84 €20.37

$18.09 €16.13

26.26%

Internet (50+ Mbps, Unlimited Data)

$30.02 €26.78

$32.88 €29.33

-8.70%

Gym Membership (Monthly)

$53.0 €47.30

$50.6 €45.10

4.89%

Tennis Court (1 Hour on Weekend)

$47.52 €42.39

$19.62 €17.50

142.20%

Cinema Ticket

$9.03 €8.05

$8.72 €7.77

3.56%

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

$271 €242

$474 €423

-42.75%

International Primary School, 1 Child (Yearly)

$6,699 €5,975

Jeans (Levis 501 Or Similar)

$96.9 €86.4

$74.2 €66.2

30.57%

Summer Dress (H&M, Zara, etc)

$58.8 €52.4

$30.59 €27.29

92.06%

Sport Shoes (Adidas, Nike)

$86.8 €77.4

$107 €95.1

-18.54%

Men's Leather Business Shoes

$90.3 €80.5

$127 €113

-28.68%

1-bedroom Apartment, City Center (Monthly)

$511 €455

$497 €443

2.78%

1-bedroom Apartment, Outside City Center (Monthly)

$384 €343

$382 €341

0.44%

3-bedroom Apartment, City Center (Monthly)

$750 €669

$732 €653

2.42%

3-bedroom Apartment, Outside City Center (Monthly)

$601 €536

$618 €552

-2.81%

Buy Apartment in City Center (m2)

$2,433 €2,170

$2,432 €2,169

0.02%

Buy Apartment Outside City Center (m2)

$1,645 €1,467

$1,922 €1,715

-14.44%

Average Monthly Net Salary (After Tax)

$1,002 €894

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.53

-1.32%

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

Last update for Volos: November 3, 2026

Last update for Ierapetra: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Volos

$384 25%

Ierapetra

$382 27.3% 0.4% $1.7

Eating Out

Volos

$299 19.5%

Ierapetra

$257 18.3% 14.2% $43

Groceries & Markets

Volos

$291 18.9%

Ierapetra

$276 19.8% 5% $14

Monthly Utilities & Internet

Volos

$267 17.4%

Ierapetra

$199 14.2% 25.6% $68

Clothing & Footwear

Volos

$150 9.7%

Ierapetra

$152 10.9% 1.6% $2.3

Getting Around

Volos

$75 4.9%

Ierapetra

$65 4.7% 12.8% $9.6

Sport & Entertainment

Volos

$71 4.6%

Ierapetra

$68 4.9% 4.3% $3.1

Cost Breakdown

A one-bedroom apartment in the center runs $511 in Volos and $497 in Ierapetra. Housing cost is often the main lever when comparing two cities.

Dining out: $57 in Volos vs $56 in Ierapetra for a mid-range dinner for two. Groceries echo the gap at $291 vs $276 per month, with Ierapetra cheaper across the board.

Good to know

🇬🇷 Volos

🇬🇷 Ierapetra

🕒 Local time

05:22 5:22 AM

Same time as Volos

🌤 Weather

👥 Population

82,439

12,355

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Highest

Between locations

Volos Ierapetra 540 km ≈ 1 h 15 min nonstop flight

From you

Volos
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

Volos vs Ierapetra: Cost of Living - Frequently Asked Questions

Ierapetra wins on cost – living expenses run 9% lower than in Volos. 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 $2,305 in Volos 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: $511 in Volos versus $497 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $271 in Volos versus $474 in Ierapetra. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

A monthly transit pass in Ierapetra runs roughly 16% less than in Volos. 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.