Is Nea Smyrni Expensive?

Athens, Greece

-10% vs Athens avg

Living in Nea Smyrni, Athens

Nea Smyrni is a relatively affordable area in Athens, with a cost of living index of 27.5 — that is -10% compared to the Athens average. At #14 of 20, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around €534/month, compared to a range of €427 in Patisia to €772 in Kolonaki.

Monthly Budget Breakdown

For a typical resident of Nea Smyrni, housing takes up roughly 39% of monthly expenses. Food and groceries account for about 16%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately €21,367 before tax.

Typical Salaries in Nea Smyrni

Salaries in Nea Smyrni reflect the local cost of living. Based on the neighborhood COLI of 27.5:

After tax and deductions of 28.4% in Greece, take-home pay for someone earning €21,367 would be roughly €15,299/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

27.5
COLI Index
0.90x
vs City Avg
€534
Est. 1BR Rent
#14
of 20 Areas
28.4%
Total Deductions

Tax & Deductions in Nea Smyrni

Estimated annual deductions on a €17,488 salary in Nea Smyrni, Athens (local employee).

Income Tax
15%
Social Insurance
13.9%
Total Deductions: 28.4%
Est. Take-Home: €12,515/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Nea Smyrni would need to be elsewhere:

City Currency Equivalent
New York USD $20,625
London GBP £17,750
Dubai AED AED 103,203

Other Neighborhoods in Athens

Neighborhood COLI Multiplier vs Avg
Kolonaki 39.8 1.30x +30%
Vouliagmeni 38.2 1.25x +25%
Kifissia 37.3 1.22x +22%
Plaka 36.1 1.18x +18%
Filothei 36.1 1.18x +18%

View all 20 neighborhoods in Athens →

Convert Your Salary

See exactly what you need to earn in Nea Smyrni, Athens to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Nea Smyrni:

Patraix, Valencia La Saïdia, Valencia Vršovice, Prague Huelin, Málaga Rosaleda, Málaga Mixcoac, Mexico City

Frequently Asked Questions

Is Nea Smyrni expensive in Athens?

Nea Smyrni is one of the more affordable neighborhoods in Athens. It costs about -10% less than the city average, ranking #14 out of 20 neighborhoods.

How does Nea Smyrni compare to the Athens average?

The cost of living in Nea Smyrni is below the Athens average. With a multiplier of 0.90x, everyday expenses including rent, food, and transportation are -10% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.