Athens VS Copenhagen

Cost of Living & Salary Comparison 2026

Athens
Greece
30.6
COLI Index
#82
Global Rank
EUR
Currency
Copenhagen
Denmark
85.7
COLI Index
#7
Global Rank
DKK
Currency

Key Differences

Cost of Living
30.6
85.7
1BR Rent (USD/mo)
$700
$1,800
Total Deductions
29.2%
40.8%
Exchange Rate
1 EUR = 7.4867 DKK
Is Athens cheaper than Copenhagen?

Yes, Athens is 64% cheaper than Copenhagen based on our cost of living index. Athens has a COLI of 30.6, while Copenhagen has a COLI of 85.7. 64% cheaper

Key Takeaways: Athens vs Copenhagen

Overall, Athens is approximately 64% cheaper than Copenhagen based on our cost of living index. Athens has a COLI of 30.6 (ranked #82 of 182 cities), while Copenhagen has a COLI of 85.7 (ranked #7).

When it comes to housing, one-bedroom apartment rent in Athens averages $700/month compared to $1,800/month in Copenhagen. That makes Athens approximately 61% cheaper for rent alone.

Athens has lower total deductions (29.2%) compared to Copenhagen (40.8%), meaning you keep more of your gross salary in Athens. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Athens

Income Tax
15%
Social Insurance
13.9%
Total: 29.2%Take-Home: €13,779/yr

Copenhagen

Income Tax
33%
AM-bidrag + ATP
8.0%
Total: 40.8%Take-Home: kr 241,685/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn €63,592 in Athens, you would need approximately kr 1,333,368 in Copenhagen to maintain the same purchasing power. That is 64% more due to higher cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Athens (EUR) Copenhagen (DKK)
Doctor (General) €46,702 kr 979,226
Software Engineer €22,054 kr 462,412
Product Manager €25,945 kr 544,014
Lawyer €25,945 kr 544,014
Data Scientist €24,648 kr 516,814
Marketing Manager €18,681 kr 391,690
Teacher €12,454 kr 261,127
Nurse €15,048 kr 315,528

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Athens (Top 5)

NeighborhoodMultiplier
Kolonaki1.30x (+30%)
Vouliagmeni1.25x (+25%)
Kifissia1.22x (+22%)
Plaka1.18x (+18%)
Filothei1.18x (+18%)

Copenhagen (Top 5)

NeighborhoodMultiplier
Indre By (City Centre)1.28x (+28%)
Hellerup1.22x (+22%)
Frederiksberg1.18x (+18%)
Gentofte1.18x (+18%)
Østerbro1.15x (+15%)

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Frequently Asked Questions

Is Athens or Copenhagen more expensive?

Copenhagen is more expensive overall. Athens has a COLI of 30.6 while Copenhagen has a COLI of 85.7, making Athens approximately 64% cheaper.

What salary in Copenhagen equals €63,592 in Athens?

To maintain the same standard of living as €63,592 in Athens, you would need approximately kr 1,333,368 in Copenhagen.

Is rent cheaper in Athens or Copenhagen?

Average one-bedroom rent in Athens is $700/month compared to $1,800/month in Copenhagen. Athens has lower rent by approximately 61%.

Which city has lower taxes, Athens or Copenhagen?

Athens has lower total deductions (29.2%) compared to Copenhagen (40.8%), meaning you keep more of your gross salary in Athens.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.