Athens is the capital and largest city of Greece. Athens is one of the world's oldest cities, its recorded history spans around 3,400 years. Athens is central to economic, financial, industrial, political and cultural life in Greece and it is rated as an alpha- world city. It is rapidly becoming a leading business centre in the European Union. Greece is in Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey. The climate is temperate with mild, wet winters and hot, dry summers. The official language is Greek. English is widely spoken, but business associates are impressed if foreigners know even the most basic Greek phrases. When travelling around, knowing the Greek alphabet help, many urban street signs also display the Latin alphabet equivalent. The main religion is Christianity. The Greek economy is a developed economy with the public sector accounting for about 40% of GDP. The service sector contributes 75.7% of the total GDP, industry 20.6% and agriculture 3.7%. Greece is the twenty-fourth most globalized country in the world and is classified as a high income economy. Greeks commonly take a siesta after lunch, especially in the summer. Offices may be closed for several hours at midday. Expatriate business dress is conservative and formal. The security risk for expatriates in Greece is low, but medium in the Albanian border region. Risks include low levels of street crime, risks associated with protest action (often related to the economy and austerity), organised crime near the Albanian border, and domestic terrorism whose targets include multinationals and foreign banks. The currency of Greece is the Euro (EUR). There have been restrictions on some banking services such as limits on cash withdrawals. Medical facilities are generally good on the mainland, but may be limited on the islands. There have been cases of West Nile Virus (WNV) reported. The population of Athens is 3.8 Million (Metro) (2019 est.), while the inflation rate (CPI) is -0.7% for Greece as at October 2019. Xpatulator Hypothetical Tax for Greece is based on the current personal income tax rates which are progressive up to 45%.
Cost Of Living
The cost of living for expatriates / professional migrants in We have collected prices for the same items, world wide, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Athens is as follows: Athens as at 1 October 2019 is low in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$740 2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$990 3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$316 4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$22800 5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$1175 6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$610 7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$570 8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$1900 9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$400 10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$260 11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$390 12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$630 13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$890 Athens is -5.1% cheaper than Houston TX for groceries, -12% cheaper for household costs than Kuala Lumpur, and 50% more expensive for transport costs than Dubai. The hardship premium for Athens for an expat from Perth, is for example 0%, i.e. host location (Athens) premium of 10% minus home (Perth) location premium of 10%. Athens is ranked as a minimal hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Athens? Register subscribe to your home location and Athens and run your personalised reports.