Cost of living in Kos
Kos, a picturesque island in Greece, is known for its beautiful beaches and rich history. Understanding the cost of living here is crucial for anyone considering a move or extended stay.
This guide provides a detailed breakdown of expenses in Kos, covering everything from dining and groceries to housing and transportation.
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 $31.39.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $68.02, with prices ranging from $52.32 to $83.72.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.99, with a range between $10.46 and $11.51.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages $4.19, imported beer $6.28, cappuccino $4.32, and Coke/Pepsi $2.96.
Grocery Prices
- Milk - Milk is priced between $2.09 and $2.30 per liter, averaging $2.20.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.47 and $1.57, with an average price of $1.50.
- Eggs (Dozen) - A dozen eggs average $3.77.
- Fruits (e.g., Apples, Oranges) - Apples average $1.57 per kg, while oranges are $1.05 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes and lettuce both average $1.05 per kg.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1.67.
- Fuel (Gasoline) - Gasoline is priced between $1.92 and $2.15 per liter, averaging $2.00.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $230.22 to $550.32, averaging $434.59.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $209.29 to $470.91, averaging $340.10.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $523.23 to $837.17, averaging $680.20.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $418.59 to $680.20, averaging $549.40.
Utilities
- Internet - Internet services range from $31.39 to $33.49, 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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Salaries And Financing
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"Key Takeaways"
Kos offers a relatively affordable cost of living compared to many other European destinations, particularly in terms of housing and dining.
While transportation and utilities are reasonably priced, groceries can vary, with some items like milk and eggs being slightly higher than average.
For those looking to save, consider living outside the city centre where rent is more affordable.
Conclusion
In conclusion, Kos provides 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.
Potential residents should consider the slightly higher grocery prices and plan accordingly, but overall, Kos remains a cost-effective choice for living in Greece.