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Living In Greece: A Complete Guide About Average Salary In Greece And All Other Info

Last Updated on May 10, 2023 by

Intro

Greece is a beautiful country in southeastern Europe, known for its rich history and stunning natural beauty. It’s a country that has a lot to offer, from its amazing weather and stunning beaches to its historical landmarks and rich cultural heritage. Greece is the perfect destination for a relaxed and comfortable lifestyle.

Greece is made up of a mainland and several islands. The mainland is mostly mountainous, while the islands are characterized by their picturesque beaches and crystal-clear waters. Greece is bordered by Albania, North Macedonia, and Bulgaria to the east and by the Aegean Sea and the Ionian Sea to the south and east, respectively.

Lifestyle

The Greece lifestyle is relaxed and comfortable, with a strong emphasis on family and community. Greeks are known for their hospitality, and visitors are always made to feel welcome in their homes. The country is also known for its festivals and celebrations, including Easter, one of Greece’s most important holidays.

Economy

Greece has faced economic challenges in recent years, including high levels of debt and unemployment, but the country is slowly recovering, and the economy is showing signs of growth.

Education System

The Greece education system is recognized internationally and provides students with a solid foundation for further study and professional development.

Healthcare

Greece has a well-developed healthcare system with a network of hospitals and clinics. The country has a national health insurance system, which provides access to medical care for all citizens and legal residents. Healthcare in Greece is affordable, and the quality of care is high, making it a great destination for those looking for quality healthcare services.

Average Salary in Greece

The average salary in Greece is around €1,100 per month, but this can vary greatly depending on several factors such as experience, education, and industry. According to Eurostat, the average gross monthly salary in Greece was €1,194 in 2021, which is lower than the European Union average of €1,731.

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Factors that Influence the Average Salary in Greece:

  • Industry: The industry in which a person works can significantly impact their salary. For example, workers in the finance and insurance sectors earn higher salaries than those in the retail or hospitality industries.
  • Education: Education is another important factor influencing a person’s salary. Those with higher levels of education tend to earn higher salaries compared to those with lower levels of education. In Greece, professionals with a university degree or higher can expect to earn, on average, 15-20% more than those with just a high school education.
  • Experience: Experience is another important factor impacting a person’s salary. As a person gains more experience in their field, their salary will likely increase. In Greece, it is common for workers to receive a raise every 2-3 years, and more experienced workers can expect to earn up to 30% more than those with less experience.
  • Location: The location in which a person works can also have an impact on their salary. For example, workers in larger cities such as Athens or Thessaloniki earn higher salaries than those in smaller towns or rural areas.
  • Union Membership: Union membership can also impact a person’s salary. In Greece, workers who are members of a union tend to earn higher salaries than those who are not. Union membership can also provide workers with other benefits such as job security, better working conditions, and health insurance.

Costs of Living in Greece

Greece is a beautiful country with a rich history and culture, and its stunning landscapes and unique architecture have made it a popular tourist destination.

Housing Cost

The cost of housing in Greece varies depending on the location and type of property. Outside the city center, the cost is slightly lower, averaging around €500 to €600 per month. If you’re looking for a larger property, such as a three-bedroom apartment, expect to pay upwards of €1,200 per month.

Food Cost

Food costs in Greece are relatively low compared to other countries. A basic meal at a local taverna can cost around €10 to €15, while a meal at a mid-range restaurant in Athens can cost anywhere from €25 to €40.

Transportation Cost

Public transportation in Greece is relatively cheap and efficient, with a single ticket for the metro in Athens costing just €1.40. Taxis are also relatively inexpensive, with the average fare within the city costing around €5 to €10.

Utility Cost

The cost of utilities in Greece, such as electricity, water, and gas, is also relatively low. The average monthly cost for a one-bedroom apartment is around €100 to €150, while the cost for a three-bedroom apartment is around €200 to €300.

Other Expenses

In addition to housing, food, transportation, and utilities, there are other expenses to consider when living in Greece. This includes the cost of healthcare, entertainment, and clothing. The cost of healthcare in Greece is relatively low, with public hospitals offering free or low-cost services. Clothing prices in Greece are like other countries in Europe, with high-street brands costing around €30 to €50 for a pair of jeans and €50 to €80 for a shirt.

Comparison to Other Countries

When comparing the cost of living in Greece to other countries, it is relatively low. For example, the average cost of housing in Greece is significantly lower than in countries like the UK or Germany, where the average cost of a one-bedroom apartment in the city center is around €1,500 to €2,000 per month.

Advantages of Living in Greece

1. Stunning Natural Beauty

Greece is known for its breathtaking natural beauty, with miles of stunning coastline, crystal clear waters, and lush green forests. The country is home to numerous islands with unique landscapes and charm. Whether you’re looking to enjoy a quiet beach holiday, hike through the mountains, or explore the countryside, Greece has something for everyone.

2. Rich Culture and History

The country is also renowned for its rich cultural heritage, including classical Greek literature, philosophy, and art. Living in Greece means being surrounded by this rich history and culture and immersing yourself in it daily.

3. Delicious Food

Greece is famous for its delicious cuisine, characterized by its use of fresh ingredients and simple preparations. Greek food is often based on Mediterranean dishes and is known for its healthy and flavorful ingredients, including olive oil, fresh vegetables, and seafood. Living in Greece allows you to enjoy this delicious cuisine every day.

4. Mild Climate

The country is known for its sunny weather, making it a great place to live if you love spending time outdoors. Whether you’re looking to soak up the sun on the beach, hike in the mountains, or explore the countryside, Greece’s mild climate makes it the perfect place to do so.

5. Friendly People

Greeks are known for their hospitality and friendliness and are often eager to welcome visitors to their country. Living in Greece means becoming part of this close-knit community, making new friends, and forming lasting relationships.

Disadvantages of Living in Greece

1. High Unemployment

Greece has struggled with high unemployment recently, with unemployment rates hovering around 20%. This can make it difficult for people to find work leading to a sense of hopelessness and frustration among the population.

2 Bureaucracy

Greece is known for its bureaucratic and complex governmental processes, which can make it difficult for residents to navigate. From obtaining necessary permits and licenses to accessing government services, the bureaucracy in Greece can be a major source of frustration for those living there.

3. Traffic and Congestion

Greece’s cities can be congested, with heavy traffic and limited public transportation options. This can make it difficult to get around and lead to long commutes and frustration for those living there.

4. Political Instability

Greece has experienced political instability in recent years, with frequent changes in government and political turmoil. This can make it difficult for residents to plan and feel secure in their country.

Some interesting facts about living in Greece.

  • Greece is the birthplace of democracy, established in Athens in 508 BCE.
  • The country has a rich history and culture, with many famous philosophers, artists, and writers from Greece, such as Socrates, Plato, and Homer.
  • Greece is famous for its iconic landmarks, such as the Acropolis and the Parthenon in Athens, as well as the ancient city of Delphi.
  • Greek cuisine is a blend of Mediterranean and Balkan flavors, with dishes like moussaka, tzatziki, and gyros being popular both in Greece and abroad.
  • Greece has over 6,000 islands and islets, only 227 inhabited.
  • The country is one of the world’s largest producers of olive oil, with more than 90% of the olive oil produced in Greece being extra-virgin.
  • The Greek Orthodox Church is the main religion in Greece and plays a central role in the country’s culture and history.
  • Greece is known for its warm and sunny climate, with over 250 days of sunshine annually in some parts of the country.
  • The Greek flag features a white cross on a blue background and is one of the oldest national flags in the world.
  • The country is home to several UNESCO World Heritage sites, including the ancient Olympia and the medieval town of Rhodes.
  • Greeks take pride in their heritage and history, with many festivals and events held annually to celebrate their culture.
  • Greece is home to many endangered species, including the loggerhead turtle, the Mediterranean monk seal, and the Cinereous vulture.

Conclusion

In conclusion, the average salary in Greece is around €1,100 per month, but this can vary greatly depending on several factors such as experience, education, and industry. Workers in the finance and insurance sectors earn higher salaries than those in the retail or hospitality industries.

FAQs (Frequently Asked Questions)

  • What is the average monthly salary in Greece? 

The average monthly salary in Greece is approximately 1,100 to 1,300 euros.

  • What is the average hourly wage in Greece?

The average hourly wage in Greece is approximately 8 to 10 euros.

  • How does the average salary in Greece compare to other European countries?

The average salary in Greece is lower compared to many other European countries, including Germany, the United Kingdom, and France.

  • What is the average salary for a teacher in Greece?

The average salary for a teacher in Greece is around 1,000 to 1,500 euros per month.

  • What is the average salary for a nurse in Greece?

The average salary for a nurse in Greece is around 1,000 to 1,500 euros per month.

  • Does the average salary in Greece vary by region?

The average salary in Greece can vary by region, with salaries higher in major cities like Athens and lower in rural areas.

  • Does the average salary in Greece vary by industry?

The average salary in Greece can vary by industry, with higher salaries typically found in the technology, finance, and healthcare industries.

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