Is Piraeus Expensive?

Athens, Greece

-22% vs Athens avg

Living in Piraeus, Athens

Piraeus is one of the most affordable neighborhoods in Athens, with a cost of living index of 23.9 — that is -22% compared to the Athens average. Ranked #18 of 20, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around €463/month, compared to a range of €427 in Patisia to €772 in Kolonaki.

Monthly Budget Breakdown

For a typical resident of Piraeus, housing takes up roughly 34% 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 €18,518 before tax.

Typical Salaries in Piraeus

Salaries in Piraeus reflect the local cost of living. Based on the neighborhood COLI of 23.9:

After tax and deductions of 27.3% in Greece, take-home pay for someone earning €18,518 would be roughly €13,463/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

23.9
COLI Index
0.78x
vs City Avg
€463
Est. 1BR Rent
#18
of 20 Areas
27.3%
Total Deductions

Tax & Deductions in Piraeus

Estimated annual deductions on a €15,198 salary in Piraeus, Athens (local employee).

Income Tax
13%
Social Insurance
13.9%
Total Deductions: 27.3%
Est. Take-Home: €11,047/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $17,925
London GBP £15,426
Dubai AED AED 89,693

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

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Compare Piraeus

Piraeus vs Patisia Piraeus vs Peristeri

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Piraeus:

Recoleta, Santiago Prague 9, Prague Prague 11 (Chodov), Prague Thalang, Phuket District XI (Újbuda), Budapest Yaba, Lagos

Frequently Asked Questions

Is Piraeus expensive in Athens?

Piraeus is one of the more affordable neighborhoods in Athens. It costs about -22% less than the city average, ranking #18 out of 20 neighborhoods.

How does Piraeus compare to the Athens average?

The cost of living in Piraeus is well below the Athens average. With a multiplier of 0.78x, everyday expenses including rent, food, and transportation are -22% 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.