Ierapetra, located on the southern coast of Crete, Greece, is known for its beautiful beaches and rich history. Understanding the cost of living in this city is crucial for anyone considering moving or traveling here.

This guide provides a detailed breakdown of expenses in Ierapetra, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.

Cost of Living Summary

Dining and Restaurants

  • Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.70 on average, with a range between $10.46 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 $36.63 to $62.79.
  • Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.42, with a range between $8.37 and $10.46.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.66 to $6.28, imported beer $4.19 to $5.23, cappuccino $2.09 to $4.5, and Coke/Pepsi $1.57 to $2.62.

Grocery Prices

  • Milk - Milk is priced between $1.36 and $2.83 per liter, averaging $1.80.
  • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.85 and $1.78, with an average price of $1.44.
  • Eggs (Dozen) - A dozen eggs range from $3.14 to $5.02, averaging $4.23.
  • Fruits (e.g., Apples, Oranges) - Apples cost $1.36 to $2.30 per kg, while oranges range from $0.52 to $1.78 per kg.
  • Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.94 and $1.57 per kg, and lettuce costs $0.42 to $1.05 per head.

Transportation

  • Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.09.
  • Monthly Pass - A monthly pass for public transport is priced at $31.39.
  • 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 $1.26 to $3.14 per km.

Housing Costs

  • 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is not specified in the data provided.
  • 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the city centre is not specified in the data provided.
  • 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is not specified in the data provided.
  • 3-Bedroom Apartment Rent (Outside Centre) - Rent for a 3-bedroom apartment outside the city centre is not specified in the data provided.

Utilities

  • Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $106.74 and $667.12, averaging $191.77.
  • Internet - Internet services range from $28.25 to $73.25, with an average cost of $34.47.
Worldwide
Greece

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.

Highest to LowestUpdated: Dec, 2024

Cost of Living Data

The following pricing data has been gathered from 3 user contributions, as of the most recent update in November, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$15.70
Meal for 2 People, Mid-range Restaurant, Three-course
$52.32
McMeal at McDonalds (or Equivalent Combo Meal)
$9.42
Domestic Beer (0.5 liter draught)
$4.19
Imported Beer (0.33 liter bottle)
$5.23
Coke/Pepsi (0.33 liter bottle)
$2.24
Water (0.33 liter bottle)
$0.55
Cappuccino (regular)
$3.58
Markets
Avg / Range
Milk (regular), (1 liter)
$1.80
Loaf of Fresh White Bread (500g)
$1.44
Eggs (regular) (12)
$4.23
Local Cheese (1kg)
$16.74
Water (1.5 liter bottle)
$0.92
Bottle of Wine (Mid-Range)
$8.37
Domestic Beer (0.5 liter bottle)
$1.57
Imported Beer (0.33 liter bottle)
$2.44
Cigarettes 20 Pack (Marlboro)
$5.23
Chicken Fillets (1kg)
$11.51
Apples (1kg)
$1.94
Oranges (1kg)
$1.19
Potato (1kg)
$1.26
Lettuce (1 head)
$0.84
Rice (white), (1kg)
$2.96
Tomato (1kg)
$1.67
Banana (1kg)
$2.05
Onion (1kg)
$1.23
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$14.30
Transportation
Avg / Range
One-way Ticket (Local Transport)
$2.09
Monthly Pass (Regular Price)
$31.39
Gasoline (1 liter)
$1.96
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$31,290.45
Taxi Start (Normal Tariff)
$3.66
Taxi 1km (Normal Tariff)
$2.20
Taxi 1hour Waiting (Normal Tariff)
$0.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$20,144.52
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$191.77
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$34.47
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$12.56
Sports And Leisure
Avg / Range
Tennis Court Rent (1 Hour on Weekend)
$15.70
Cinema, International Release, 1 Seat
$8.37
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$70.64
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$29.82
1 Pair of Nike Running Shoes (Mid-Range)
$91.57
1 Pair of Men Leather Business Shoes
$185.75
Salaries And Financing
Avg / Range
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4.53%
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$411.61
International Primary School, Yearly for 1 Child
$6,278.81
Ierapetra Cost of Living

"Key Takeaways"

Ierapetra offers a relatively affordable cost of living compared to larger cities in Greece. Dining out is reasonably priced, especially at casual restaurants.

Grocery prices are moderate, with essentials like milk and bread being quite affordable. Transportation costs are low, making it easy to get around the city.

While specific housing costs are not detailed, utilities and internet services are reasonably priced, contributing to an overall manageable cost of living.

Conclusion

In conclusion, Ierapetra presents a balanced cost of living, making it an attractive option for those seeking a blend of affordability and quality of life.

With its beautiful coastal setting and reasonable expenses, Ierapetra is well-suited for both residents and visitors looking to enjoy the charm of Crete without the high costs associated with larger urban areas.