Cost of living in Greece research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Greece is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Greece is 95, with 100 being the average.
The cost of living index in Greece is 0.9x lower than the national average.
Greece ranks as the #69 cheapest in New York out of 340.
Greece ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Greece is $126,900.
The median income in Greece is $68,821.
According to the most recent data on the cost of living, Greece has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to New York, Greece has a cost of living index that's 0.8x lower than New York's index of 126.
The standard of living in Greece ranks as #69 most affordable out of the 340 places we measured in New York. By definition, that implies Greece ranks as the #271 most expensive place in the Empire State.
For more reading on life in Greece, check out:
Six factors go into calculating the cost of living index in Greece. Here is how it fairs on each of the criteria:
The Services index in Greece is 108.
The Groceries index in Greece is 103.
The Health index in Greece is 98.
The Housing index in Greece is 69.
The Transportation index in Greece is 108.
The Utilities index in Greece is 97.
Living Expense | Greece | New York | National Average | |
---|---|---|---|---|
Overall | 95 | 126 | 100 | |
Services | 108 | 110 | 100 | |
Groceries | 103 | 104 | 100 | |
Health | 98 | 105 | 100 | |
Housing | 69 | 175 | 100 | |
Transportation | 108 | 107 | 100 | |
Utilities | 97 | 102 | 100 |
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Greece is $126,900.
The Median Rent in Greece is $876.
The Median Income in Greece is $68,821.
The Home Value To Income in Greece is 1.8x.
The Rent To Monthly Income in Greece is 0.15x.
Statistic | Greece | New York | United States |
---|---|---|---|
Median Home Value | $126,900 | $340,600 | $244,900 |
Median Rent | $876 | $1,390 | $1,163 |
Median Income | $68,821 | $75,157 | $69,021 |
Home Value To Income | 1.8x | 4.5x | 3.5x |
Rent To Monthly Income | 0.15x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Greece. Here's a quick look at the cost of living in the most populous nearby places:
Rochester, NY has a cost of living index of 91, 1.0x Greece.
Irondequoit, NY has a cost of living index of 96, 1.0x Greece.
Brighton, NY has a cost of living index of 101, 1.1x Greece.
City | Population | Cost Of Living | Vs. Greece |
---|---|---|---|
Rochester, NY | 211,100 | 91 | 1.0x |
Irondequoit, NY | 51,054 | 96 | 1.0x |
Brighton, NY | 36,986 | 101 | 1.1x |
North Gates, NY | 9,494 | 94 | 1.0x |
Brockport, NY | 7,246 | 94 | 1.0x |
East Rochester, NY | 6,348 | 93 | 1.0x |
Hilton, NY | 6,015 | 95 | 1.0x |
Webster, NY | 5,717 | 96 | 1.0x |
Fairport, NY | 5,452 | 100 | 1.1x |
Hamlin, NY | 5,299 | 93 | 1.0x |