City Comparison
Thessaloniki vs Heraklion
Cost of Living Comparison 2026
Heraklion is ~4% cheaper overall
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Thessaloniki
Greece
COL+Rent
27.6
Rent Index
9.3
Groceries
43.4
Restaurant
47.3
Heraklion
Greece
COL+Rent
26.4
Rent Index
8.5
Groceries
41.8
Restaurant
45
Monthly Cost Comparison
| Category | Thessaloniki | Heraklion | Diff |
|---|---|---|---|
| Rent (1BR City) | $367 | $335 | +$32 |
| Rent (1BR Outside) | $265 | $242 | +$23 |
| Groceries | $268 | $258 | +$10 |
| Restaurant Meal | $17 | $16 | +$1 |
| Transit Pass | $26 | $25 | +$1 |
| Utilities | $137 | $132 | +$5 |
Monthly Budget Comparison
| Lifestyle | Thessaloniki | Heraklion |
|---|---|---|
| Minimal | $684/mo | $644/mo |
| Typical | $1,053/mo | $990/mo |
| Comfortable | $1,417/mo | $1,332/mo |
Purchasing Power Equivalence
| Budget in Thessaloniki | ≈ in Heraklion | Difference |
|---|---|---|
| $1,500/mo | $1,435/mo | -$65 |
| $2,000/mo | $1,913/mo | -$87 |
| $3,000/mo | $2,870/mo | -$130 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
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Frequently Asked Questions
Is Thessaloniki or Heraklion cheaper to live in?
Heraklion is approximately 4% cheaper overall. Thessaloniki's COL+Rent Index is 27.6 vs Heraklion's 26.4 (NYC = 100).
How much is rent in Thessaloniki vs Heraklion?
A 1BR in Thessaloniki city center costs ~$367/mo vs $335/mo in Heraklion. Outside the center: $265 vs $242.
What is $2,000/month in Thessaloniki worth in Heraklion?
Using cost-of-living adjustment, $2,000/month in Thessaloniki has the purchasing power of approximately $1,913/month in Heraklion.
Are groceries cheaper in Thessaloniki or Heraklion?
Monthly groceries cost approximately $268 in Thessaloniki vs $258 in Heraklion. Groceries Index: 43.4 vs 41.8 (NYC = 100).