May 19, 2024

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What is the average cost of living for a student in Greece?


Greece is on the bucket list of many avid travellers who wish to explore the world. There are umpteen reasons to visit Greece, ranging from ancient monuments to breath-taking landscapes. Greek hospitality, mouth-watering cuisine, coffee culture, remarkable history, and Mediterranean climate appeal to many people across the world. Still, one thing about Greece that many people are unaware of is its world-class education system. 

With more than 50 top-notch universities spread across the nation, Greece is highly regarded for its higher education system. In the first edition of the QS Higher Education System Strength Rankings, Greece has bagged the 41st spot in the world. According to the Centre for World University Rankings (CWUR), out of the 2,000 best universities in the world, 12 are from Greece.

Interestingly, Greece is the birthplace of academia. The nation is well-known as the cradle of Western civilization. Besides academia, the origin of democracy, Western philosophy, Western literature, theatre, political science, and the Olympic Games can be traced back to the old Greek city-states. Most importantly, Greece is home to many great philosophers like Socrates, Plato, Aristotle, and Epicurus, whose ideas are still widely discussed.

Living in Greece

Greece’s capital Athens is one of the most student-friendly cities, with many renowned universities. Living in Athens, Greece is good in terms of cost. Athens is the most affordable city for students in Europe. The average cost of living in Athens is comparatively 30% cheaper than in other European cities. 

The costs of daily essentials, such as food, transport, and the Internet, are also 20% cheaper in Athens than in its foreign counterparts. A student’s average cost of living in Greece is EUR 747.46 without rent. Here is the breakdown of the cost of living in Greece’s Athens:

  • Housing

Rent- EUR 250 per month

Electricity, Water, Garbage, and Gas- EUR 200 per month

Internet- EUR 31.30 per month

  • Food

Meal at an inexpensive restaurant- EUR 12

Domestic Beer- EUR 4.00

Coffee- EUR 3.12

Water- EUR 0.50 per litre bottle

Milk- EUR 1.43

White bread- EUR 1.05

Rice- EUR 2.33 per 1 kg

Eggs (12)- EUR 3.28

Cheese- EUR 9.83

  • Transportation

One-way local transport ticket- EUR 1.20

Monthly regular pass- EUR 30.00

Taxi- EUR 3.50

  • Healthcare

Basic medical coverage- EUR 150 per year

  • Other necessities

Fitness club- EUR 32.97 per month 

Tennis court- EUR 19.57 per hour on the weekend

Cinema- EUR 8.00 per seat 

Clothes- EUR 200 per pair of jeans and running shoes

Please remember that the cost of living depends on the quality of lifestyle. Students can expect to pay more based on their luxurious lifestyles. However, on average, students can expect to spend between EUR 450 and EUR 700 per month on their total cost of living. Interested students can explore top business institutes in Athens, Greece, to make a well-informed decision for a bright future. Browse now!