Cost of Living Comparison Between Volos and Palaio Faliro, Athens Cost of Living Comparison Between Volos and Palaio Faliro, Athens

Monthly Cost of Living

A single person spends $1,580 per month in Volos vs $1,767 in Palaio Faliro, Athens, rent included.

A couple spends around $2,366 per month in Volos vs $2,736 in Palaio Faliro, Athens, rent included.

A family of three spends $3,151 per month in Volos vs $3,705 in Palaio Faliro, Athens, rent included.

Volos is about 11% cheaper than Palaio Faliro, Athens, driven mainly by Eating Out.

Both Volos and Palaio Faliro, Athens sit above the global median – Volos by 18%, Palaio Faliro, Athens by 32%.

Meal at Budget Restaurant

$23.57 €20.27

$13.52 €11.63

74.33%

Three-Course Dinner for Two, Mid-Range

$46.55 €40.04

$56.9 €48.96

-18.20%

Fast Food Meal (McDonalds, etc)

$8.74 €7.52

$10.65 €9.16

-17.93%

Cappuccino

$4.09 €3.51

$3.20 €2.75

27.81%

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

$2.42 €2.08

$2.18 €1.87

11.01%

Water (0.33 liter bottle)

$0.57 €0.49

$0.44 €0.38

29.55%

Local Beer (0.5 liter draught)

$5.64 €4.86

$5.67 €4.87

-0.53%

Imported Beer (0.33 liter bottle)

$5.70 €4.91

$5.85 €5.03

-2.56%

Milk (1 liter)

$1.68 €1.44

$1.86 €1.60

-9.68%

White Bread (500g)

$1.57 €1.35

$1.36 €1.17

15.44%

Rice (white) (1kg)

$2.89 €2.48

$2.24 €1.93

29.02%

Eggs

$4.33 €3.72

$2.91 €2.50

48.80%

Local Cheese (1kg)

$14.24 €12.25

$16.53 €14.22

-13.85%

Chicken Fillets (1kg)

$10.97 €9.43

$12.78 €10.99

-14.16%

Beef Round Steak (1kg)

$15.58 €13.40

$14.62 €12.58

6.57%

Apples (1kg)

$2.43 €2.09

$1.97 €1.69

23.35%

Banana (1kg)

$2.09 €1.80

$1.82 €1.56

14.84%

Oranges (1kg)

$1.71 €1.47

$1.24 €1.06

37.90%

Tomato (1kg)

$2.17 €1.87

$1.81 €1.56

19.89%

Potato (1kg)

$0.96 €0.83

$0.99 €0.85

-3.03%

Onion (1kg)

$1.06 €0.91

$0.88 €0.75

20.45%

Lettuce (1 head)

$0.88 €0.76

$0.85 €0.73

3.53%

Water (1.5 liter bottle)

$0.97 €0.84

$0.91 €0.79

6.59%

Cigarettes 20 Pack (Marlboro, Camel)

$5.55 €4.78

$5.38 €4.62

3.16%

Wine (Bottle)

$9.32 €8.02

$13.44 €11.56

-30.65%

Local Beer (0.5 liter bottle)

$2.60 €2.24

$2.05 €1.76

26.83%

Imported Beer (0.33 liter bottle)

$3.15 €2.71

$2.85 €2.45

10.53%

One-way Ticket (Public Transport)

$1.54 €1.32

$1.65 €1.42

-6.67%

Public Transport Monthly Pass (Regular Price)

$60.3 €51.9

$45.90 €39.48

31.37%

Taxi Start (Normal Tariff)

$4.10 €3.53

$4.57 €3.93

-10.28%

Taxi 1hour Waiting (Normal Tariff)

$19.93 €17.15

$13.60 €11.70

46.54%

Gasoline (1 liter)

$2.15 €1.85

$1.99 €1.71

8.04%

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

$30.9K €26.6K

$31.0K €26.7K

-0.34%

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

$25.1K €21.6K

$26.3K €22.6K

-4.53%

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

$235 €202

$213 €183

10.53%

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

$24.30 €20.90

$32.66 €28.09

-25.60%

Internet (50+ Mbps, Unlimited Data)

$35.60 €30.63

$32.61 €28.05

9.17%

Gym Membership (Monthly)

$60.9 €52.4

$48.35 €41.59

25.94%

Tennis Court (1 Hour on Weekend)

$48.38 €41.62

$26.49 €22.79

82.63%

Cinema Ticket

$9.45 €8.13

$9.04 €7.78

4.54%

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

$277 €238

$425 €366

-34.90%

International Primary School, 1 Child (Yearly)

$6,018 €5,177

$5,887 €5,064

2.23%

Jeans (Levis 501 Or Similar)

$116 €100

$89.2 €76.8

30.49%

Summer Dress (H&M, Zara, etc)

$53.6 €46.11

$38.96 €33.52

37.58%

Sport Shoes (Adidas, Nike)

$82.7 €71.1

$90.2 €77.6

-8.30%

Men's Leather Business Shoes

$86.3 €74.3

$106 €91.5

-18.85%

1-bedroom Apartment, City Center (Monthly)

$454 €391

$645 €555

-29.56%

1-bedroom Apartment, Outside City Center (Monthly)

$369 €317

$660 €567

-44.07%

3-bedroom Apartment, City Center (Monthly)

$654 €563

$1,497 €1,288

-56.31%

3-bedroom Apartment, Outside City Center (Monthly)

$574 €494

$1,287 €1,107

-55.40%

Buy Apartment in City Center (m2)

$2,596 €2,233

$2,912 €2,505

-10.84%

Buy Apartment Outside City Center (m2)

$1,698 €1,461

$2,737 €2,355

-37.97%

Average Monthly Net Salary (After Tax)

$1,048 €902

$977 €841

7.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.43

0.90%

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

Last update for Volos: May 31, 2026

Last update for Palaio Faliro, Athens: May 30, 2026

Cost Breakdown

A central one-bedroom costs $454 in Volos versus $645 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 7% higher in Volos, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $47.00 in Volos versus $57.0 in Palaio Faliro, Athens. Monthly groceries follow the same trend: $306 vs $307 – making Volos the more affordable choice for daily food spending.

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

Palaio Faliro, Athens costs about 12% more than Volos, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,370 per month in Volos and $2,650 in Palaio Faliro, Athens. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Volos, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,580 in Volos and $1,767 in Palaio Faliro, Athens. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 31% less in Volos. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Volos, where all-in costs run around $1,580, than in Palaio Faliro, Athens at $1,767. In Volos it covers expenses comfortably, while in Palaio Faliro, Athens it requires careful planning or may not stretch far enough.

Families tend to lean toward Volos – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Volos. If higher salaries, better infrastructure, or specific career opportunities are the priority, Palaio Faliro, Athens makes more sense. Both are solid long-term options with distinct trade-offs.