Greece is an idyllic destination to explore and renowned for its ancient history. If you’re considering visiting Greece, it’s essential to find a cheap flight that fits both your budget and travel style.
Egypt is a popular tourist destination, known for its millennia-old monuments and the Egyptian Museum containing an array of antiquities.
Which country is cheaper?
No matter your nationality, living abroad can be surprisingly affordable. But not all cheap destinations are equal; some may provide a lower quality of life than others.
When considering a move abroad, it’s essential to weigh your priorities and budget. To get an accurate price comparison across other countries, it may be beneficial to do some research beforehand.
If your budget for monthly living costs is $800, the Czech Republic could be one of your more cost-effective choices. It boasts a high level of comfort, an unsteady economy, and various in-demand professions for international workers.
Furthermore, the Czech Republic is an ideal destination for beer connoisseurs and nightlife seekers who want to immerse themselves in European culture. Plus, its central location makes it a great starting point when traveling around Europe – truly a gem in its own right!
Restaurant Prices
Contrary to popular belief, Greece is actually one of the most affordable European countries for dining out. A simple meal like souvlaki with a soda will set you back just 6 EUR.
Restaurants in Greece offer a diverse menu to suit any palate or budget. Classic Greek dishes like moussaka, taverna-style gemista (tomatoes and peppers stuffed with rice), meatballs and mpakaliaros skordalia are some of the most popular items served at taverns across Greece.
Prices in Greece can vary drastically based on the restaurant and type of drink you prefer. A beer at a local bar typically costs 3-4.5 EUR, while cocktails cost at least 8 EUR. Furthermore, drinks in clubs tend to be pricier.
House prices
If you’re considering buying property abroad, it is essential to comprehend how the market functions. This includes applying for a mortgage, making deposits and funding renovations.
House prices in Greece have been rising slowly over the last few years, though still lower than most other European countries.
If you’re in the market for a vacation home or investment property, now is an excellent time to buy. From beachfront houses to historic villas, there’s something here for every budget.
The greatest advantage to buying property in Greece is that it’s one of the most affordable places to live across Europe. This makes it a great option for people relocating or working remotely, as well as those wishing to retire to Greece.
Food prices
Greece boasts some of the most reasonable food prices in Europe, especially if you dine at a local taverna rather than an expensive restaurant. A basic menu featuring grilled fish, meatballs and dolmas can cost as little as $6-9 per person.
However, rising food prices have caused a hunger crisis in many Middle Eastern countries. Egypt, for instance, is facing an acute grain shortage which experts warn could halt the Arab Spring if it worsens.
Egypt will need to import 80% of its wheat needs from Russia and Ukraine, where the conflict has caused prices to soar. As a result, Egypt could end up spending more on imports this year than all of 2022 combined.
Greece relies heavily on soft wheat as a staple, yet the country only produces 10% of its needs domestically. The government must import the rest to meet demand.
But, if the country’s farmers can dramatically increase production, they could help lower the price of bread which has gone up more than twofold since 2012. Furthermore, more local food production would ensure more of our nation’s food supply comes from farms, which could potentially help combat obesity and diabetes epidemics prevalent within its borders.
Transport prices
The good news is that Greece boasts an excellent public transport system, making getting around the country with buses, trains, ferries and taxis a breeze. Unfortunately, transport strikes are unfortunately common occurrences in Greece which could make your journey more challenging.
Athens boasts five major mass transit options: metro/electric rail, city buses and trolleybuses, tram, and suburban railway (run by TrainOSE). You can purchase a single ticket that covers all these modes of travel for 90 minutes.
Another option for transportation is renting a car. You can find cars for hire at one-off outlets and local chains, starting at around EUR300 per week.
Ferries provide access to many Greek islands, such as Kefalonia, Ithaca and Skiathos. While more expensive than taking a bus, these options are faster and more convenient. Furthermore, senior citizens, students and children may receive discounts upon showing proof of identity.
Taxi prices
When traveling abroad, it’s essential to research taxi prices in order to avoid overcharging. Taxi fares differ by city and country; some of the cheapest places for taking a taxi are Egypt, Thailand and India.
Egypt offers an affordable 3km taxi ride at just 70c per mile, which is much lower than other countries’ prices. However, there are other factors which can influence the price of a trip such as fuel prices and taxi license costs.
When traveling abroad and looking to avoid overcharging, consider taking trains or buses instead. From Cairo to Alexandria you can get there for just $5 and a 12-hour train ride south towards Luxor and Aswan will set you back around $10.
Another way to save money when traveling is to hire a car. This can be especially convenient for long journeys or if you have a large group or are carrying luggage.
Numbeo, an online taxi fare estimate service, allows you to quickly and accurately estimate a price for any journey. All that requires is entering your starting and destination points into the system, and within seconds the site will provide a price.
Petrol prices
When planning a road trip around Greece, it’s essential to remember that petrol prices can differ between fuel stations. This depends on which gas company the station belongs to and its geographic location.
In many countries, prices charged by major corporations differ from those offered by smaller gas stations. This is because the latter typically offers a cheaper per litre price per litre of petrol than their larger counterparts.
Diesel prices tend to vary significantly, especially in countries that produce and export oil.
As a general rule, richer countries tend to have higher fuel prices than low-income ones due to taxes and subsidies being more frequently implemented in the former.
Accomodation prices
If you’re searching for an affordable holiday, Greece is the perfect destination. Whether you’re after luxury hotels or more basic hostels, Greece has it all.
Accommodation prices in Greece have reached unprecedented heights over the past few years, with hotels in popular tourist spots like Santorini and Mykonos costing hundreds of dollars per night.
On the other hand, renting a home or apartment can often be more economical. On average, renting a standard one-bedroom apartment in a major city center costs around EUR400 per month.
Though this may seem like a lot of money, the amenities and space you get make it worthwhile. Even cheap Airbnbs can be great options in Greece’s popular cities like Athens or Thessaloniki.
