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Greece vs Portugal

About the same — Greece against Portugal

Greece65.52025
Portugal64.92025

On national price levels, Greece is about as expensive as Portugal. Both figures use the United States as 100.

Where the difference actually sits

A single number hides the interesting part. These are the categories Eurostat prices for both countries.

CategoryGreecePortugalDifference
Overall consumption (incl. government-funded services)55.657.0 -2%
Food and non-alcoholic drinks105.8101.5 +4%
Bread and cereals105.1102.5 +3%
Meat95.287.9 +8%
Fish112.491.0 +24%
Milk, cheese and eggs130.5107.5 +21%
Fruit and vegetables89.298.5 -9%
Non-alcoholic drinks114.4113.2 +1%
Alcoholic drinks154.0109.1 +41%
Tobacco69.385.2 -19%
Clothing and footwear90.193.5 -4%
Housing, water, electricity and fuel70.580.1 -12%
Furnishings and household equipment91.698.9 -7%
Health81.886.6 -6%
Transport90.189.2 +1%
Communication144.1115.6 +25%
Recreation and culture86.285.9 +0%
Education59.072.0 -18%
Restaurants and hotels86.475.5 +14%

SOURCE·Eurostat — purchasing power parities (prc_ppp_ind)·Price level indices by consumption category, published on an EU27=100 basis and rebased here to US=100. CC BY 4.0.·REVIEWED AUG 2026

Before you use this to decide anything

  • These are national averages. Comparing two capital cities is a different question and this data cannot answer it.
  • Price level is only half of the decision. What matters is prices relative to what you would earn — see what the job pays in each country on PayLens.
  • The figures are indices, not prices. Nothing here is a quote for rent or groceries.

How the price level is worked out

  1. The World Bank publishes a purchasing power parity for household consumption — how much local currency buys the same basket as one US dollar — and the official market exchange rate for the same year.
  2. The price level is simply PPP ÷ exchange rate × 100. If a basket needs 1.50 New Zealand dollars per US dollar of purchasing power but the market hands you 1.65 New Zealand dollars for that dollar, New Zealand's prices sit at 1.50 ÷ 1.65 = 91% of the US level.
  3. Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
  4. Where Eurostat also publishes a price level for the same country and year, the two are compared and the gap is printed — including when they disagree.

Full methodology →

SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026

SOURCE·World Bank ICP PPPs + Eurostat price level indices·price levels derived as PPP ÷ exchange rate, see method·REVIEWED AUG 2026

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Published by

Amit Sharma

Auckland real-estate agent and marketer. Builds free, sourced data tools.