Cost of living in Greece
65.5 with the United States at 100
Prices in Greece are 35% cheaper than the United States, and it ranks 66th of 204 countries by price level (dearest first). Figures are for 2025.
Against New Zealand it is 26% cheaper.
Two agencies agree. For 2024, the World Bank's figure works out at 60.4 and Eurostat's at 62.0 — a gap of 1.6 points. Two independent programmes landing within 5 points is the strongest evidence available that the level is right.
Compared with its region
Greece against the Europe & Central Asia countries closest to it on price level.
- Greece 65.5
- Portugal 64.9
- Cyprus 66.9
- Czechia 67.0
- Slovenia 67.0
- Slovak Republic 63.9
- Latvia 62.4
- Spain 68.7
- Lithuania 62.1
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
What is dear and what is cheap
Eurostat prices 19 spending categories separately for Greece (2024), again with the United States at 100. This is where a national average stops being one number: a country can be cheap to eat in and expensive to drive in.
- Alcoholic drinks 154.0
- Communication 144.1
- Milk, cheese and eggs 130.5
- Non-alcoholic drinks 114.4
- Fish 112.4
- Food and non-alcoholic drinks 105.8
- Bread and cereals 105.1
- Meat 95.2
- Furnishings and household equipment 91.6
- Clothing and footwear 90.1
- Transport 90.1
- Fruit and vegetables 89.2
- Restaurants and hotels 86.4
- Recreation and culture 86.2
- Health 81.8
- Housing, water, electricity and fuel 70.5
- Tobacco 69.3
- Education 59.0
- Overall consumption (incl. government-funded services) 55.6
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
What this figure is, and is not
- It is an index, not a price. 65.5 means the general level of consumer prices, with the US at 100. It is not a shopping bill and this site never quotes one.
- It is national, not city. Athens is almost certainly dearer than this. National averages cannot answer a city question.
- It is not your budget. What you actually spend depends on rent, transport and habits far more than on the national average.
How the price level is worked out
- 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.
- 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.
- Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
- 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.
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