Cost of living in Naxos
Naxos, a picturesque island in Greece, offers a unique blend of traditional charm and modern amenities. Understanding the cost of living here is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of expenses in Naxos, covering essential categories such as dining, groceries, transportation, housing, and utilities.
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 $26.16.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $52.32, with prices ranging from $41.86 to $83.72.
- 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 $3.14 to $7.33, imported beer $4.19 to $7.33, cappuccino $2.09 to $4.71, and Coke/Pepsi $1.15 to $3.14.
Grocery Prices
- Milk - Milk is priced between $1.10 and $2.09 per liter, averaging $1.32.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.94 and $2.09, with an average price of $1.28.
- Eggs (Dozen) - A dozen eggs range from $2.51 to $6.28, averaging $4.40.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.05 to $3.14 per kg, while oranges range from $0.73 to $3.14 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.84 and $2.09 per kg, and lettuce costs $0.73 to $2.09 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.81 and $2.09 per liter.
- Taxi Fares - Taxi fares start at $2.62, with a cost of $0.94 to $2.09 per km and $10.46 to $20.93 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $837.17.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $418.59.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1255.76.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $837.17.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $104.65 and $313.94, averaging $177.90.
- Internet - Internet services range from $26.16 to $41.86, with an average cost of $31.84.
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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"Key Takeaways"
Naxos offers a relatively affordable cost of living compared to other European destinations, especially in terms of housing and dining.
Grocery prices are moderate, with local produce being particularly cost-effective.
Transportation costs are reasonable, though owning a car may incur higher expenses due to fuel prices.
Conclusion
In conclusion, Naxos presents a balanced cost of living, making it an attractive option for those seeking a blend of affordability and quality of life.
Potential residents should consider the moderate costs of groceries and dining, while also planning for transportation and utility expenses.