Cost of Living Comparison Between Volos and Ierapetra Cost of Living Comparison Between Volos and Ierapetra

Monthly Cost of Living

Monthly costs for one person with rent: $1,603 in Volos versus $1,410 in Ierapetra.

Estimated couple costs with rent: $2,403 in Volos versus $2,127 in Ierapetra.

Monthly costs for a family of three with rent: $3,203 in Volos versus $2,844 in Ierapetra.

Living in Volos is roughly 14% more expensive than Ierapetra, driven mainly by Eating Out.

Both cities are pricier than the global median: Volos 20% above, Ierapetra 5% above.

Meal at Budget Restaurant

$23.23 €19.88

$6.83 €5.85

240.12%

Three-Course Dinner for Two, Mid-Range

$46.73 €40.00

$45.65 €39.08

2.37%

Fast Food Meal (McDonalds, etc)

$8.51 €7.28

$11.67 €9.99

-27.08%

Cappuccino

$4.10 €3.51

$4.17 €3.57

-1.68%

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

$2.42 €2.08

$1.43 €1.22

69.23%

Water (0.33 liter bottle)

$0.56 €0.48

$0.59 €0.51

-5.08%

Local Beer (0.5 liter draught)

$5.78 €4.94

$4.75 €4.07

21.68%

Imported Beer (0.33 liter bottle)

$5.91 €5.06

$5.34 €4.57

10.67%

Milk (1 liter)

$1.68 €1.44

$1.89 €1.62

-11.11%

White Bread (500g)

$1.53 €1.31

$1.41 €1.21

8.51%

Rice (white) (1kg)

$2.88 €2.46

$3.50 €3.00

-17.71%

Eggs

$4.38 €3.75

$4.92 €4.21

-10.98%

Local Cheese (1kg)

$14.27 €12.22

$17.65 €15.11

-19.15%

Chicken Fillets (1kg)

$11.32 €9.69

$9.67 €8.28

17.06%

Beef Round Steak (1kg)

$15.29 €13.09

$15.26 €13.06

0.20%

Apples (1kg)

$2.53 €2.17

$2.16 €1.85

17.13%

Banana (1kg)

$2.02 €1.73

$2.16 €1.85

-6.48%

Oranges (1kg)

$1.75 €1.50

$1.46 €1.25

19.86%

Tomato (1kg)

$2.22 €1.90

$1.97 €1.69

12.69%

Potato (1kg)

$0.97 €0.83

$1.37 €1.17

-29.20%

Onion (1kg)

$1.06 €0.90

$1.09 €0.94

-2.75%

Lettuce (1 head)

$0.96 €0.82

$1.19 €1.02

-19.33%

Water (1.5 liter bottle)

$0.93 €0.80

$1.17 €1.00

-20.51%

Cigarettes 20 Pack (Marlboro, Camel)

$5.40 €4.62

$5.82 €4.98

-7.22%

Wine (Bottle)

$9.25 €7.92

$9.19 €7.87

0.65%

Local Beer (0.5 liter bottle)

$2.50 €2.14

$1.70 €1.46

47.06%

Imported Beer (0.33 liter bottle)

$3.10 €2.65

$2.61 €2.23

18.77%

One-way Ticket (Public Transport)

$1.52 €1.30

$1.58 €1.35

-3.80%

Public Transport Monthly Pass (Regular Price)

$60.7 €52.0

$46.22 €39.57

31.41%

Taxi Start (Normal Tariff)

$4.15 €3.55

$3.95 €3.38

5.06%

Taxi 1hour Waiting (Normal Tariff)

$20.59 €17.63

$13.92 €11.91

47.92%

Gasoline (1 liter)

$2.24 €1.91

$2.13 €1.82

5.16%

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

$30.7K €26.3K

$35.0K €30.0K

-12.26%

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

$25.8K €22.1K

$24.2K €20.7K

6.70%

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

$243 €208

$172 €147

41.44%

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

$24.63 €21.08

$13.82 €11.83

78.22%

Internet (50+ Mbps, Unlimited Data)

$36.34 €31.11

$35.13 €30.07

3.44%

Gym Membership (Monthly)

$59.5 €51.0

$48.91 €41.87

21.69%

Tennis Court (1 Hour on Weekend)

$47.67 €40.80

$26.62 €22.79

79.08%

Cinema Ticket

$9.33 €7.99

$9.43 €8.07

-1.06%

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

$277 €237

$457 €391

-39.52%

International Primary School, 1 Child (Yearly)

$5,970 €5,110

$6,974 €5,970

-14.40%

Jeans (Levis 501 Or Similar)

$119 €102

$80.4 €68.8

47.91%

Summer Dress (H&M, Zara, etc)

$54.6 €46.71

$32.54 €27.85

67.67%

Sport Shoes (Adidas, Nike)

$83.4 €71.4

$105 €89.5

-20.16%

Men's Leather Business Shoes

$85.5 €73.2

$140 €120

-39.09%

1-bedroom Apartment, City Center (Monthly)

$457 €391

$490 €419

-6.68%

1-bedroom Apartment, Outside City Center (Monthly)

$372 €319

$391 €335

-4.89%

3-bedroom Apartment, City Center (Monthly)

$643 €550

$767 €657

-16.18%

3-bedroom Apartment, Outside City Center (Monthly)

$554 €474

$610 €522

-9.28%

Buy Apartment in City Center (m2)

$2,543 €2,176

$3,096 €2,650

-17.88%

Buy Apartment Outside City Center (m2)

$1,715 €1,468

$2,545 €2,179

-32.62%

Average Monthly Net Salary (After Tax)

$1,040 €890

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: April 27, 2026

Last update for Ierapetra: April 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $457 in Volos and $490 in Ierapetra. Housing cost is often the main lever when comparing two cities.

Dining out: $47.00 in Volos vs $46.00 in Ierapetra. Groceries flip the comparison at $307 vs $310, with Volos cheaper for home cooking.

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 14% 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 $2,405 in Volos and $2,115 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: $457 in Volos versus $490 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,603 per month in Volos versus $1,410 in Ierapetra – a 14% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Ierapetra runs roughly 31% less than in Volos. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,410 in Ierapetra versus $1,603 in Volos, a $1,000 budget is realistic in Ierapetra but tight or insufficient in Volos. The gap between the two cities makes Ierapetra the clear choice for anyone on this budget.

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.

Safety-wise, Volos and Ierapetra are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Ierapetra gentler on the wallet – expenses run 14% less than in Volos. Beyond cost, consider language, visa policies, and how big the international community is in each city.