A Fatal Social Security Mistake
When Benjmain Franklin wrote, “…in this world nothing can be said to be certain, except death and taxes” few could...
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Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
Paxos has easygoing people eager to help you get what you need…
While Greek may not be the easiest language to pick up in retirement, folks working in the big cities and tourist sites here will speak enough English for you to get by.
Most importantl, you’ll find a few English speakers if needed even in the lesser traveled areas around the island. When all else fails, locals are patient and happy to help you be understood in a smattering of “Greeklish.”
Greece’s reputation as a bona fide beach destination is well-founded: With the longest coastline in the Mediterranean Basin and unique geography full of islands and peninsulas.
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Expense | Monthly Cost | Notes |
---|---|---|
Mortgage | – | Not included here as too variable. |
HOA Fees | – | |
Property Taxes | – | |
Transportation | €97 | Monthly cost of car ownership (insurance and gasoline). |
Gas | €22 | For cooking. |
Water | €15 | |
Cell Phone | – | Included in internet plan. |
Internet | €79.40 | Including 50 Mbps VDSL download speed, two mobile connections (with 16GB), and Vodafone TV + Kids (Vodafone Greece). |
Cable TV | – | Included in internet plan. |
Household Help | €80 | One two-hour maid visit per week; €10 per visit. |
Entertainment | €312 to €640 | Eating out twice a week at a mid-range, local restaurant: €25 to 50.
Local drinks twice a week at a nearby watering hole: €7 to €23 (€3.50 for a beer; €5 for a glass of wine; €23 for a bottle of wine).
Movie theater trip twice a month: €28 (€7 per person). |
Groceries | €80 to €160 | |
Gym membership | €35 | Cost of one monthly membership. |
Medical appointment | €50 | Cost of one brief exam, paid in cash or with credit or debit. |
Total | €840.40 to €1,248.40 |
Expense | Monthly Cost | Notes |
---|---|---|
Rent | €470 to €875 | |
Transportation | €97 | Monthly cost of car ownership (insurance and gasoline). |
Gas | €22 | For cooking. |
Electricity | €70 | |
Water | €15 | |
Cell Phone | Included in internet plan. | |
Internet | €79.40 | Including 50 Mbps VDSL download speed, two mobile connections (with 16GB), and Vodafone TV + Kids (Vodafone Greece). |
Cable TV | – | Included in internet plan. |
Household Help | US$92 | One two-hour maid visit per week; €10 per visit. |
Entertainment | €312 to €640 | Eating out twice a week at a mid-range, local restaurant: €25 to 50.
Local drinks twice a week at a nearby watering hole: €7 to €23 (€3.50 for a beer; €5 for a glass of wine; €23 for a bottle of wine).
Movie theater trip twice a month: €28 (€7 per person). |
Groceries | €80 to €160 | |
Gym Membership | €35 | Cost of one monthly membership. |
Medical Appointment | €50 | Cost of one brief exam, paid in cash or with credit or debit. |
Total | €1,310.40 to €2,123.40 |
Expense | Monthly Cost | Notes |
---|---|---|
Rent | €470 | |
Transportation | €97 | |
Gas | €22 | For cooking. |
Electricity | €70 | |
Water | €15 | |
Cell Phone | – | Included in internet plan. |
Internet | €48.12 | Including mobile (16 GB) plus fixed and internet (unlimited ADSL internet). |
Cable TV | – | No cable. |
Entertainment | €312 to €384 | Eating out once a week at a mid-range, local restaurant: €25
Local drinks twice a week at a nearby watering hole: €7 to €23. |
Groceries | €60 to €120 | |
Total | €1,094.12 to €1,226.12 |
Click here for currency conversions at today’s exchange rates.
Paxos, Greece, is known for its olive groves. It’s an island group, just south of Corfu.
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