** Foreign investors purchasing land in Greece are entitled to a minimum of 5 years residence permit **

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Cost of Living Comparison (Greece vs. U.K. )

Although, we do not have any specific data on this issue, I attach someinformation available on the internet which for an example compares the cost of living in Greece to that of the UK. In general, we can state that costs are significantly lower in the regions outside of Athens, and particularly rural Central Greece, as with many other countries the rural economy is operating at different levels than that of the capital,Athens. Kindly, consult the information retrieved from www.numbeo.com

 



For major cities in those countries you could get probably more relevant data by specifying cities itself.

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Indices Difference

 

Consumer Prices in United Kingdom are 19.65% higher than in Greece

Consumer Prices Including Rent in United Kingdom are 44.05% higher than in Greece

Rent Prices in United Kingdom are 188.17% higher than in Greece

Restaurant Prices in United Kingdom are 22.26% higher than in Greece

Groceries Prices in United Kingdom are 31.04% higher than in Greece

Local Purchasing Power in United Kingdom is 109.48% higher than in Greece

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Currency:                                                                                                                                                                                                                                                                                      Default Currency      Switch to imperial measurement units

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  Greece

  United Kingdom

      Difference

Restaurants

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Meal, Inexpensive Restaurant

10.00 €

    11.91 €

     +19.11 %

Meal for 2, Mid-range Restaurant, Three-course

35.00 €

    53.60 €

     +53.14 %

Combo Meal at McDonalds or Similar

6.00 €

    5.96 €

     -0.74 %

Domestic Beer (0.5 liter draught)

3.50 €

    3.57 €

     +2.09 %

Imported Beer (0.33 liter bottle)

4.00 €

    3.81 €

     -4.71 %

Cappuccino (regular)

3.15 €

    2.77 €

     -12.06 %

Coke/Pepsi (0.33 liter bottle)

1.36 €

    1.32 €

     -2.53 %

Water (0.33 liter bottle)

0.50 €

    1.11 €

     +122.36 %

 

Markets

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Milk (regular), (1 liter)

1.21 €

    1.11 €

     -8.78 %

Loaf of Fresh White Bread (500g)

0.84 €

    1.22 €

     +44.75 %

Rice (white), (1kg)

1.58 €

    1.75 €

     +10.52 %

Eggs (12)

3.04 €

    2.54 €

     -16.52 %

Local Cheese (1kg)

8.02 €

    7.48 €

     -6.72 %

Chicken Breasts (Boneless, Skinless), (1kg)

7.09 €

    8.20 €

     +15.62 %

Apples (1kg)

1.43 €

    2.14 €

     +50.11 %

Oranges (1kg)

0.98 €

    2.05 €

     +110.36 %

Tomato (1kg)

1.45 €

    2.31 €

     +59.73 %

Potato (1kg)

0.75 €

    1.46 €

     +94.29 %

Lettuce (1 head)

0.56 €

    1.12 €

     +99.10 %

Water (1.5 liter bottle)

0.84 €

    1.25 €

     +47.54 %

Bottle of Wine (Mid-Range)

6.00 €

    7.15 €

     +19.11 %

Domestic Beer (0.5 liter bottle)

1.19 €

    2.02 €

     +69.62 %

Imported Beer (0.33 liter bottle)

1.65 €

    2.04 €

     +23.70 %

Pack of Cigarettes (Marlboro)

4.00 €

    8.93 €

     +123.33 %

 

Transportation

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One-way Ticket (Local Transport)

1.30 €

    2.50 €

     +92.40 %

Monthly Pass (Regular Price)

40.00 €

    71.46 €

     +78.66 %

Taxi Start (Normal Tariff)

3.00 €

    3.28 €

     +9.18 %

Taxi 1km (Normal Tariff)

1.00 €

    1.67 €

     +66.75 %

Taxi 1hour Waiting (Normal Tariff)

10.85 €

    23.82 €

     +119.55 %

Gasoline (1 liter)

1.74 €

    1.64 €

     -5.38 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

17,625.00 €

    19,057.22 €

     +8.13 %

 

Utilities (Monthly)

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Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment

145.36 €

    174.37 €

     +19.96 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.35 €

    0.18 €

     -49.49 %

Internet (6 Mbps, Unlimited Data, Cable/ADSL)

19.40 €

    22.91 €

     +18.08 %

 

Sports And Leisure

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Fitness Club, Monthly Fee for 1 Adult

35.56 €

    43.14 €

     +21.30 %

Tennis Court Rent (1 Hour on Weekend)

12.24 €

    10.85 €

     -11.37 %

Cinema, International Release, 1 Seat

7.50 €

    9.53 €

     +27.05 %

 

Clothing And Shoes

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1 Pair of Jeans (Levis 501 Or Similar)

80.57 €

    65.49 €

     -18.72 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

33.44 €

    36.83 €

     +10.14 %

1 Pair of Nike Shoes

86.86 €

    69.06 €

     -20.49 %

1 Pair of Men Leather Shoes

85.14 €

    67.07 €

     -21.22 %

 

 

Rent Per Month

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Apartment (1 bedroom) in City Centre

274.35 €

    818.44 €

     +198.31 %

Apartment (1 bedroom) Outside of Centre

242.12 €

    677.08 €

     +179.65 %

Apartment (3 bedrooms) in City Centre

456.66 €

    1,434.30 €

     +214.09 %

Apartment (3 bedrooms) Outside of Centre

420.34 €

    1,088.50 €

     +158.96 %

 

Buy Apartment Price

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Price per Square Meter to Buy Apartment in City Centre

1,721.07 €

    3,533.49 €

     +105.31 %

Price per Square Meter to Buy Apartment Outside of Centre

1,563.58 €

    2,621.53 €

     +67.66 %

 

Salaries And Financing

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Average Monthly Disposable Salary (After Tax)

699.21 €

    2,109.93 €

     +201.76 %

Mortgage Interest Rate in Percentages (%), Yearly

5.09

    4.24

     -16.74 %

 

Last update

March, 2014

March, 2014

Contributors (past 18 months)

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2601

Currency: EUR

 

From:   www.numbeo.com



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