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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


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Annual Subscription = $89 per location (minimum of 2 locations required)


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Location Rankings

Cost of Living Comparison by City and Country


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Location Reviews

Cost of Living Review by City and Country

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Greece, Thessaloniki
Overview

Greece, ThessalonikiThessaloniki is the second-largest city in Greece and the capital of the periphery of Central Macedonia as well as the capital of the Decentralized Administration of Macedonia and Thrace. Thessaloniki is Greece's second major economic, industrial, commercial and political centre, and a major transportation hub for the rest of south-eastern Europe; its commercial port is also of great importance for Greece and the south-eastern European hinterland. The city's industries centre around oil, steel, petrochemicals, textiles, machinery, flour, cement, pharmaceuticals, and liquor. The city is renowned for its festivals, events and vibrant cultural life in general, and is considered to be Greece's cultural capital.

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 Thessaloniki is 1.1 Million (2017 est.), while the inflation rate is 1.1% (Nov 2017).


Cost Of Living

The cost of living for expatriates / professional migrants in Thessaloniki as at 1 January 2018 is low in comparison to other places in the world.

In Thessaloniki, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Very Low
2) Clothing: Very High
3) Communication: High
4) Education: Average
5) Furniture & Appliances: Low
6) Groceries: Low
7) Healthcare: Very Low
8) Household Accommodation: Very Low
9) Miscellaneous: High
10) Personal Care: Very Low
11) Recreation & Culture: Very High
12) Restaurants Meals Out and Hotels: Very High
13) Transport: Average

Thessaloniki is for example 7% more expensive than Houston TX for groceries, -12.2% cheaper for household costs than Kuala Lumpur, and 18.7% more expensive for transport costs than Dubai.

Thessaloniki is ranked as a minimal hardship location.

The hardship premium for Thessaloniki for an expat from Perth, is for example 0%, i.e. host location (Thessaloniki) premium of 10% minus home (Perth) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Thessaloniki? Register subscribe to your home location and Thessaloniki and run your personalised reports.

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