Greece and Turkey are two popular tourist destinations that have plenty to offer. When planning your vacation, it’s essential that you make the right choice.
Both countries share many cultural, culinary and historic similarities that may make one more appealing to some travelers than the other. Let’s compare the prices of each destination and decide which is more budget friendly for you.
Which country is cheaper?
If you’re searching for a new country to live in but don’t have the funds to spend a fortune, there are plenty of affordable options. Many of these low-cost destinations offer an excellent quality of life; however, be prepared to make some sacrifices along the way.
Bulgaria, Mexico and Vietnam were among the top countries that international citizens living abroad voted as being the cheapest in a recent InterNations Expat Insider Survey. All three offer modern cities, ancient historic sites and uncrowded beaches that draw both young professionals and retirees alike.
Myanmar wasn’t on our list due to lack of infrastructure and because tourism in this country is just starting out. Nonetheless, Myanmar is one of the cheapest Asian countries and can make for an interesting addition to any world trip!
Hungary was not included on the list due to rising housing costs there recently, but this is only a temporary trend and prices will soon decrease again.
Restaurant Prices
When it comes to dining out, Turkey and Greece offer an abundance of culinary treats. Beyond the classic dishes, both countries boast some of the world’s most exciting tavernas and kebab houses. You may have to pay more for some of Turkey’s famous dishes but with careful planning you can eat like the locals without breaking your budget. Try some of Turkey’s popular street food specialties like kebab or kofte for a true taste of local fare; be sure to order some garlic bread as well as a glass of wine as a cap off your meal for added pleasure!
House prices
If you’re considering investing in property in Greece, it is wise to research the country’s housing market before making any purchases. Although prices have been increasing recently, they remain low compared to popular destinations like Spain or Portugal.
Investing in property in Turkey can be a wise choice for those seeking to secure long-term gains. However, it’s essential to remember that the real estate market here is relatively young.
Turkey only recently modernized its real estate sector, so you’ll still find many older houses that require updating. Furthermore, construction materials and legal costs are much cheaper in Turkey – meaning you could potentially pay less overall than you would elsewhere.
House prices in Greece have been on the rise over the last few years, but are expected to slow down over the coming two years. While now may not be an ideal time for investors to purchase property, take advantage of low prices while they last!
Food prices
Greek food prices have been steadily rising since last year due to various reasons, such as inflation and supply chain shortages.
Souvlaki, a beloved street food in Greece, has become much pricier than it was one year ago. An average souvlaki in Athens now costs around $3.50 as opposed to just $2.50 one year prior.
On the contrary, Turkish food prices are remarkably low, usually costing less than $1 per item. This includes sweet treats like baklava, honey-soaked “shredded wheat” and loukoumadhes (deep-fried batter puffs), as well as coffee, local wine and yoghurt with honey.
Saving money on Greek and Turkish food is easy by dining at restaurants that cater to locals. These will usually be located a few blocks from central plazas and tourist areas. Similarly, go shopping when cruise ships aren’t in town for better deals on souvenirs.
Transport prices
Transport prices in Greece and Turkey can differ drastically. Transportation can be a major factor when deciding whether it is cheaper to visit Greece or Turkey.
In Greece, you have several methods for getting around. Buses, taxis and public transport can all be utilized; however the most convenient option is to rent a car.
Car rental in Greece can be an economical and exciting way to explore the country. To get the best deal on car hire in Greece, search online for offers before you leave home.
Turkey offers a range of transportation prices depending on when and how long you plan to be there. If you plan on staying for an extended period, purchasing a rail pass could be more economical than paying per seat.
There are a number of ferry routes connecting Greece and Turkey, such as those between Kos and Turgutreis, Samos and Kusadasi, and Lesbos and Ayvalik. Tickets for these trips start from EUR20.
Taxi prices
Taxis are a common mode of transport in Greece, especially for airport transfers. Not only that but they’re an ideal way to explore the city as they’re quick, easy and convenient.
Most taxis in Greece now feature a Point-of-Sale (POS) machine to accept card payments, making it simpler than ever for you to book a ride. Nonetheless, you should always carry some cash just in case the POS machine malfunctions or the driver won’t take cards.
Before getting in the taxi, be sure to verify the fare. Many taxi drivers will quote a price that isn’t the true cost of your journey.
You can use a taxi fare calculator online to estimate how much a trip will cost. This is an invaluable tool for planning your journey, as it is constantly updated with local taxi tariffs and taxes. Simply type in your starting and ending destinations, number of passengers and date of travel for an accurate estimate.
Petrol prices
If you’re planning a road trip in Greece, petrol costs could be one of your primary concerns. Prices have gone up 40% this year in Greece alone – making flying to Paris cheaper than driving through northern Thessaloniki.
Turkey has seen its wholesale gas prices soar sharply since Russia’s invasion of Ukraine in February. To combat the rising costs, energy regulator EMRA implemented a ceiling price on fuel that increases prices by an average of 0.04 lira per liter.
Meanwhile, the falling lira has resulted in cheaper petrol prices in north Cyprus. A queue of Greek Cypriot motorists has formed at a checkpoint along the Green Line that has divided the island since 1974.
Christodoulou, the head of Cyprus Motorists Association, has yet to contact Frontex – the EU agency responsible for border regulation – about a ban on cross-border sales of goods. He noted that regular checks are carried out in order to prevent illegal fuel transfers and safeguard tax revenues.
Accomodation prices
Greece and Turkey have earned their reputations as exotic European-Asian holiday spots at relatively reasonable prices. Both offer an array of attractions, historical sites, pristine beaches, as well as vibrant cities to explore.
Accommodation-wise, both countries boast some outstanding hotels. Many have earned international recognition and boast top-class facilities and services.
For instance, the Ciragan Palace Kempinski hotel in Istanbul provides luxurious accommodations and stunning panoramic views. This five-star imperial palace hotel is an ideal option for those seeking to savor an authentic Ottoman experience while in Istanbul.
Prices of hotels in Greece and Turkey can vary based on location, date, and season. However, there are some general tips that can help you save money when traveling between these two countries.
For instance, book flights to Turkey outside of high season (June to August), when it’s most crowded. Not only will this save you money on flights but it also ensures the weather won’t be as harsh. Or consider visiting during shoulder season which begins in May and runs until mid-October when weather conditions are ideal and crowds are thinner.
