Cost of living in Palaio Faliro
Palaio Faliro, a coastal suburb of Athens, Greece, offers a unique blend of urban living and seaside charm. Understanding the cost of living in this area is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, 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 $12.03 on average, with a range between $8.37 and $15.7.
- 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 $62.79.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.73, with a range between $9 and $10.46.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages $5.23, imported beer $5.23, cappuccino $2.88, and Coke/Pepsi $2.09.
Grocery Prices
- Milk - Milk is priced between $1.04 and $2.09 per liter, averaging $1.67.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.05 and $1.35, with an average price of $1.22.
- Eggs (Dozen) - A dozen eggs range from $2.39 to $3.14, averaging $2.68.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.2 to $2.09 per kg, while oranges range from $0.73 to $1.57 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.73 and $1.05 per kg, and lettuce costs $0.52 to $1.05 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.26 and $1.47.
- Monthly Pass - A monthly pass for public transport is priced at $41.86.
- Fuel (Gasoline) - Gasoline is priced at $1.83 per liter.
- Taxi Fares - Taxi fares start at $3.14.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $470.91 to $680.2, averaging $575.56.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $575.56 to $627.88, averaging $601.72.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1046.47 to $1569.7, averaging $1342.97.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1046.47 to $1255.76, averaging $1186.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $2616.17.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1779 to $3139.41, averaging $2459.2.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $209.29 on average.
- Internet - Internet services average $20.93.
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 10 user contributions, as of the most recent update in October, 2024.
Restaurants
Restaurants
Avg
Range
Meal, Inexpensive Restaurant
$12.03
Meal for 2 People, Mid-range Restaurant, Three-course
$52.32
McMeal at McDonalds (or Equivalent Combo Meal)
$9.73
Domestic Beer (0.5 liter draught)
$5.23
Imported Beer (0.33 liter bottle)
$5.23
Coke/Pepsi (0.33 liter bottle)
$2.09
Water (0.33 liter bottle)
$0.38
Cappuccino (regular)
$2.88
Markets
Markets
Avg
Range
Milk (regular), (1 liter)
$1.67
Loaf of Fresh White Bread (500g)
$1.22
Eggs (regular) (12)
$2.68
Local Cheese (1kg)
$15.17
Water (1.5 liter bottle)
$0.80
Bottle of Wine (Mid-Range)
$11.93
Domestic Beer (0.5 liter bottle)
$1.83
Imported Beer (0.33 liter bottle)
$2.51
Cigarettes 20 Pack (Marlboro)
$4.97
Chicken Fillets (1kg)
$11.44
Apples (1kg)
$1.76
Oranges (1kg)
$1.15
Potato (1kg)
$0.87
Lettuce (1 head)
$0.78
Rice (white), (1kg)
$1.99
Tomato (1kg)
$1.66
Banana (1kg)
$1.67
Onion (1kg)
$0.82
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$13.08
Transportation
Transportation
Avg
Range
One-way Ticket (Local Transport)
$1.47
Monthly Pass (Regular Price)
$41.86
Gasoline (1 liter)
$1.83
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$20,929.37
Taxi Start (Normal Tariff)
$3.14
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$26,161.71
Rent Per Month
Rent Per Month
Avg
Range
Apartment (1 bedroom) in City Centre
$575.56
Apartment (1 bedroom) Outside of Centre
$601.72
Apartment (3 bedrooms) in City Centre
$1,342.97
Apartment (3 bedrooms) Outside of Centre
$1,186.00
Utilities (Monthly)
Utilities (Monthly)
Avg
Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$209.29
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$20.93
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$29.82
Sports And Leisure
Sports And Leisure
Avg
Range
Cinema, International Release, 1 Seat
$9.42
Clothing And Shoes
Clothing And Shoes
Avg
Range
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$41.86
Buy Apartment Price
Buy Apartment Price
Avg
Range
Price per Square Meter to Buy Apartment in City Centre
$2,616.17
Price per Square Meter to Buy Apartment Outside of Centre
$2,459.20
Salaries And Financing
Salaries And Financing
Avg
Range
Average Monthly Net Salary (After Tax)
$889.50
Childcare
Childcare
Avg
Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$366.26
International Primary School, Yearly for 1 Child
$4,709.11
Palaio Faliro Cost of Living
"Key Takeaways"
Palaio Faliro offers a relatively affordable cost of living compared to other European cities, especially in terms of housing and dining.
Transportation costs are reasonable, with affordable public transport options and moderate fuel prices.
Grocery prices are competitive, making it easier to manage daily expenses.
Conclusion
In conclusion, Palaio Faliro provides a balanced cost of living with affordable housing and dining options.
The city's transportation and grocery costs are manageable, making it an attractive option for those looking to live near Athens without the high costs associated with the city center.
Palaio Faliro