Cost of living in Kefalonia
Kefalonia, a picturesque island in Greece, is known for its stunning landscapes and vibrant culture. 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, from dining and groceries to housing and transportation, helping 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 $12.56 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 $68.02.
- Domestic Beer (0.5 liter draught) - A domestic beer costs about $4.45, with prices ranging from $3.66 to $5.23.
- Imported Beer (0.33 liter bottle) - Imported beer is priced at approximately $5.23.
- Coke/Pepsi (0.33 liter bottle) - A bottle of Coke or Pepsi costs $3.14.
- Water (0.33 liter bottle) - A small bottle of water is priced at $1.05.
- Cappuccino - A regular cappuccino costs between $2.62 and $3.14, averaging $2.88.
Grocery Prices
- Milk - Milk is priced at $1.88 per liter.
- Eggs (Dozen) - A dozen eggs cost $4.19.
- Local Cheese (1kg) - Local cheese is priced at $10.46 per kilogram.
- Water (1.5 liter bottle) - A 1.5 liter bottle of water costs $1.05.
- Bottle of Wine (Mid-Range) - A mid-range bottle of wine costs between $5.23 and $8.37, averaging $6.28.
- Domestic Beer (0.5 liter bottle) - A domestic beer bottle costs between $1.57 and $3.14, averaging $2.35.
- Imported Beer (0.33 liter bottle) - Imported beer is priced at approximately $4.27.
- Cigarettes 20 Pack (Marlboro) - A pack of Marlboro cigarettes costs $4.71.
- Chicken Fillets (1kg) - Chicken fillets are priced at $11.51 per kilogram.
- Tomato (1kg) - Tomatoes cost $1.26 per kilogram.
- Beef Round (1kg) - Beef round costs $12.56 per kilogram.
Transportation
- Gasoline (1 liter) - Gasoline is priced between $1.92 and $1.93 per liter.
- Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) - A new Volkswagen Golf or equivalent costs approximately $17,789.96.
- Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) - A new Toyota Corolla or equivalent costs approximately $19,882.90.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $470.91.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $313.94 to $523.23, averaging $401.15.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $784.85 to $1255.76, averaging $1020.31.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $523.23 to $1151.12, averaging $749.97.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $156.97 and $366.26, averaging $261.62.
- Internet - Internet services range from $41.86 to $104.65, with an average cost of $73.25.
- Mobile Phone Monthly Plan with Calls and 10GB+ Data - A mobile phone plan with calls and 10GB+ data costs $26.16.
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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Kefalonia offers a relatively affordable cost of living compared to other European destinations, especially in terms of housing and dining.
While transportation costs can be high due to gasoline prices, the overall expenses for groceries and utilities remain moderate.
Potential residents can save on housing by opting for accommodations outside the city centre, where rents are significantly lower.
Conclusion
In conclusion, Kefalonia presents a balanced cost of living with affordable housing and dining options, making it an attractive destination for both short-term visitors and long-term residents.
By understanding the various expenses, individuals can effectively plan their budget and enjoy the unique lifestyle that Kefalonia offers.