Cost of living in Corfu
Corfu, a picturesque island in Greece, is known for its stunning landscapes and rich cultural heritage. Understanding the cost of living here is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of the expenses you can expect in Corfu, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.46 on average, with a range between $9.94 and $20.93.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $52.32, with prices ranging from $39.77 to $83.72.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.33.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.19 to $6.28, imported beer $3.14 to $6.28, cappuccino $2.09 to $4.4, and Coke/Pepsi $2.09 to $3.14.
Grocery Prices
- Milk - Milk is priced between $1.17 and $2.09 per liter, averaging $1.45.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.05 and $1.47, with an average price of $1.23.
- Eggs (Dozen) - A dozen eggs range from $2.62 to $6.28, averaging $4.01.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.05 to $3.66 per kg, while oranges range from $0.84 to $1.57 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.72 and $1.26 per kg, and lettuce costs $0.52 to $1.14 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.15 and $1.67, with a monthly pass priced between $41.86 and $62.79.
- Fuel (Gasoline) - Gasoline is priced between $1.92 and $2.09 per liter.
- Taxi Fares - Taxi fares start at $3.66, with a cost of $1.05 per km and $12.36 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $523.23 to $612.18, averaging $570.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $418.59 to $523.23, averaging $439.52.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $784.85 to $1151.12, averaging $897.35.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $430.02 to $889.5, averaging $609.24.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2616.17 to $3662.64, averaging $3139.41.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $2616.17.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $101.66 and $418.59, averaging $179.81.
- Internet - Internet services range from $29.3 to $36.63, with an average cost of $32.44.
Cost of Living Rankings
The cost of living indices for Greece are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Greece, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Transportation
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Rent Per Month
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Utilities (Monthly)
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Sports And Leisure
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Clothing And Shoes
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Buy Apartment Price
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Corfu offers a relatively affordable cost of living compared to other European destinations, especially in terms of dining and housing.
While dining out and groceries are reasonably priced, transportation costs can add up, particularly if relying on taxis.
Housing remains affordable, with a variety of options both in the city centre and outside, making it accessible for different budgets.
Conclusion
In conclusion, Corfu presents a balanced cost of living, making it an attractive option for both short-term visitors and long-term residents.
With its affordable housing, reasonable dining costs, and beautiful surroundings, Corfu is a great place to live or visit, offering a quality lifestyle without breaking the bank.