Living in Greece: the short version
Greece combines island and coastal living, mild winters and a lower cost of living than most of Western Europe. It offers a digital nomad visa, a financially independent person visa and a property-based Golden Visa, although minimum investment amounts have risen in popular areas.
Best for: Remote workers, retirees and investors seeking a Mediterranean EU base.
Why people move here
- Digital nomad and financially independent visas
- Mediterranean climate and lifestyle
- Lower costs than most of Western Europe
What to watch out for
- Low local salaries
- Heavy bureaucracy
- Islands can be isolated and expensive in winter
How to move to Greece: main visa and residency routes
Summaries only — requirements and income thresholds change. Always check the official sources below.
- Digital nomad visa
- For remote workers employed abroad with a minimum monthly income.
- Financially independent person visa
- For people with enough passive income who will not work in Greece.
- Golden Visa
- Residence through qualifying real estate or other investment; minimums depend on location.
Healthcare for newcomers
Residents contributing to social security use the public ESY system; many expats add private insurance, which is affordable.
How Greece compares
Calculated from our data for all 55 countries. How we calculate this
- Cost of living rank
- 27th cheapest of 55
- Single person, core costs
- $980/mo
- Family of four, core costs
- $1,876/mo
- Take-home on $60,000
- $37,040/yr
- Renting a one-bedroom home takes about 30% of the average local salary in Greece, less than the median of 36% across the countries we cover.
- Core monthly costs for one person (rent, groceries, transport, utilities, internet and eating out) come to about $980, or 65% of the average local monthly salary.
- On a gross salary of $60,000 taxed locally, our estimate leaves $37,040 a year after income tax and employee social security (an effective rate of 38%), the 54th highest take-home pay of 55 countries. After single-person core costs, that leaves roughly $25,280 a year to save or spend.
- Countries with a similar overall cost of living: Czech Republic, Panama, Portugal.
- Cheaper options in Europe: Portugal, Croatia, Poland.
Estimates for planning, using simplified national tax brackets in US dollars; local taxes, deductions and your own spending will differ. Try your own numbers in the tax calculator or budget planner.
Our guides to Greece
- Croatia vs Greece: Living Costs, Visas and Taxes Compared · Cost of Living
Cost of Living
Cost of living index: 45 (NYC = 100)
Rent (1BR)
$450
Rent (3BR)
$800
Groceries
$250
Transport
$35
Utilities
$120
Internet
$25
Dining Out
$100
Tax System
Corporate Tax
22%
VAT / Sales Tax
24%
Social Security
13.87%
Capital Gains
15%
Income Tax Brackets
| Income Range (USD) | Tax Rate |
|---|---|
| $0 - $10,000 | 9% |
| $10,001 - $20,000 | 22% |
| $20,001 - $30,000 | 28% |
| $30,001 - $40,000 | 36% |
| $40,001 - Above | 44% |
Culture
Greece is the birthplace of democracy, philosophy, and the Olympic Games. Modern Greeks inherit a profound cultural legacy while enjoying a Mediterranean lifestyle centered on family, food, and the sea.
Traditions
- Easter celebrations
- Name day celebrations
- Panigyri (village festivals)
- Apokries (Carnival)
Cultural Values
- Philotimo (love of honor)
- Hospitality
- Family
- Kefi (joy of life)
Common Greeting: Yiassou! / Kalimera!
Cultural Tips
- • Greek hospitality (philoxenia) means you'll be treated like family
- • Meals are long, social events—never rush through dinner
- • Island hopping is a quintessential Greek experience
- • Greeks are passionate debaters—don't take animated discussions personally
🍽 Food & Cuisine
Greek cuisine is a pillar of the Mediterranean diet, emphasizing olive oil, fresh vegetables, seafood, and herbs. Simple preparations let quality ingredients shine.
Moussaka
Layered eggplant, minced meat, and béchamel sauce baked until golden
Souvlaki
Grilled meat skewers served in pita with tzatziki, tomato, and onion
Spanakopita
Flaky phyllo pastry filled with spinach and feta cheese
Baklava
Honey-soaked layers of phyllo pastry with crushed walnuts or pistachios
Sources and methodology
Figures on this page are estimates in US dollars, compiled from the international datasets below and converted at recent exchange rates. The cost of living index uses New York City as 100. Guidance was last reviewed on . Found something out of date? Tell us.
Official Greece sources
Data sources
- PwC Worldwide Tax Summaries — individual income tax
- Numbeo — cost of living (crowdsourced prices)
- World Bank Open Data — economic and population indicators
- OECD Tax Database — tax rates and social contributions
- ILOSTAT — employment and unemployment
- UNDP Human Development Reports — health and education
- UN World Population Prospects — population
Quality of Life
Job Market
Average Annual Salary
$18,000
Job Difficulty
Difficult
Unemployment Rate
11.2%
Work Permit Required
Yes
Top Industries
Languages
Official Languages