Find your new life
Crete, famous for its breathtaking landscapes and peaceful way of life, attracts thousands of Europeans every year in search of a sweeter, waterfront life. Once particularly affordable, Greece has seen its prices change in recent years, between the economic crisis and the rise in tourism. And today, how much does it cost to live in this Mediterranean paradise?
From housing to food, leisure and health, we're going to tell you why Crete is still considered an affordable destination to live comfortably without breaking the bank.
Crete is known for the quality of its local products, often at very competitive prices:
Local markets versus supermarkets: local markets (often weekly) offer fresh produce at significantly lower prices than supermarkets. You will also find artisanal specialties such as honey or aromatic herbs.
Meal in a tavern or restaurant: A typical meal in a Cretan tavern costs between €10 and €15 per person, including wine. In more upscale or touristy restaurants, the price can go up to €20-25.
Purchase: Property prices vary between €1,200 and €2,500 per m², depending on the location and type of property, and can go up to €4000/m2 for housing in upscale cities (such as Chania) or properties by the sea.
Renting: In the short term, renting may seem economical, but over several years, buying a second home quickly becomes advantageous.
Proximity to tourist areas: In tourist areas such as Heraklion, Chania or Rethymno, the prices of goods and services can be higher, especially in high season. However, by moving away from the big cities and popular tourist spots, you can find properties at much lower prices.
Urbanization: The rural areas of Crete, like the traditional villages in the hinterland, offer a simple and economical way of life. Here, local markets, fresh produce, and affordable rents make everyday life very accessible, especially for retirees.
Access to local resources: The Cretan economy relies heavily on local products, such as olive oil, vegetables, fruits, and wine, which are both high-quality and very affordable. Direct access to these resources significantly reduces food costs for locals and expats.
Conclusion
With a cost of living that is often lower than that of major European cities, the island offers a perfect balance of natural beauty, cultural richness and modern comforts. Whether you're drawn to a simple life in a quaint village or the charm of bustling coastal towns, Crete has something for everyone, and at an affordable price.
If you dream of living to the rhythm of the sun and the sea, Crete could be the perfect destination for you. Take the time to discover its opportunities and let yourself be seduced by this corner of paradise where well-being is within reach!
