Cost of living in Rethymno
Rethymno, a picturesque city on the island of Crete, Greece, offers a unique blend of historical 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 the expenses you can expect in Rethymno, 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 $12.56 on average, with a range between $4.4 and $26.16.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $41.86, with prices ranging from $41.86 to $62.79.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.42, with a range between $9.42 and $10.46.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.66 to $6.28, imported beer $3.66 to $6.28, cappuccino $2.09 to $4.19, and Coke/Pepsi $1.05 to $3.66.
Grocery Prices
- Milk - Milk is priced between $1.15 and $2.62 per liter, averaging $1.83.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.78 and $2.09, with an average price of $1.36.
- Eggs (Dozen) - A dozen eggs range from $2.76 to $5.55, averaging $3.77.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.73 to $2.62 per kg, while oranges range from $1.05 to $2.09 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.52 and $1.57 per kg, and lettuce costs $0.63 to $1.05 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1.26.
- Fuel (Gasoline) - Gasoline is priced between $1.88 and $2.15 per liter.
- Taxi Fares - Taxi fares start at $4.19, with a cost of $0.84 to $1.05 per km and $10.46 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $470.91 to $575.56, averaging $523.23.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $366.26 to $470.91, averaging $401.15.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $837.17 to $941.82, averaging $872.06.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $627.88 to $732.53, averaging $697.65.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $4185.87.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $3139.41.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $111.19 and $313.94, averaging $145.2.
- Internet - Internet services range from $27.21 to $41.86, with an average cost of $30.34.
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"
Rethymno offers a relatively affordable cost of living compared to other European cities, particularly in terms of housing and dining.
While dining out can be budget-friendly, grocery prices vary, with some items like local cheese and beef being more expensive.
Transportation costs are moderate, with affordable public transport and taxi services.
Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Rethymno.
Conclusion
In conclusion, Rethymno presents a balanced cost of living, making it an attractive option for those seeking a blend of cultural richness and modern conveniences.
With affordable housing and dining options, along with moderate transportation and utility costs, Rethymno is well-suited for both short-term visitors and long-term residents.