Cost of living in Greece
The cost of living in Greece runs at about two-thirds of US prices, and the FIP permit needs at least €3,500 a month after tax for one person.
Official prices, where your money goes further, and a budget built from your own rent and insurance. Checked against official sources on Oct 8, 2026.
- Price level
- ~66% of the US Household consumption, 2025. World Bank. Checked Oct 7, 2026.
- Tax on a foreign pension
- 7% or 9% to 44% A 7% flat option for new residents. PwC Tax Summaries. Checked Oct 8, 2026.
Build your Greece budget
No official source tracks what expats pay in rent, and rent is the biggest line in any budget. So this starts from what is measured and adds your own numbers.
Get rent from current listings in the area you like and a written quote for health insurance at your age; the total then shows how far it sits above the $3,912 FIP minimum.
Your monthly budget
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Cost of living questions
How much do I need a month to live in Greece?
It depends mostly on rent, which no official source tracks for expats. Add your rent and insurance quotes in the calculator above, and keep the $3,912 FIP minimum in mind as a floor, not a budget.
Is Greece cheaper than the US?
On average, yes: the World Bank puts household prices in Greece at about 66% of US levels (2025). Imported goods, cars and electronics can cost as much as at home or more.
How much does it cost to retire in Greece right now?
Prices in Greece run at about two-thirds of US prices. To get the FIP permit you need at least €3,500 a month after tax for one person.
Is €5,500 a month enough for a couple to retire in Greece?
It is above the FIP permit minimum for a couple, which is €4,200 a month after tax (€3,500 plus 20% for a spouse).
