Greece has become an expensive destination in terms of cost of living, and permanent residents have felt it. But a new study “confirms” this feeling by ranking Greece the 7th most economically demanding destination in Europe based on the average daily cost per person, surpassing the UK. The UK, Denmark, the Netherlands and Italy have the highest averages per person per day.
How Greece ranks as an expensive destination
The hellosafe survey was conducted in 136 countries around the world and found that the average daily cost for a traveller on holiday in Greece is £139, the average cost for a week is £971 and the average cost for a two-week holiday is £1,942.
The figures show that Greece ‘costs’ more than Spain (average daily cost £114), Portugal (£103), Cyprus (£78) and Croatia (£71), making it the most expensive of the Mediterranean competitors.
The average daily price in the UK is £136 (£1,988 for 2 weeks), in Denmark £135 (£1,890 for 2 weeks), in the Netherlands £133 (£1,855 for 2 weeks) and in Italy £126 (£1,759 for 2 weeks).
At least Greece did not outdo the traditionally expensive destinations, as the most expensive destination in Europe was Switzerland with an average cost per person of £200 per day and £2,805 for 2 weeks, followed by Liechtenstein, Monaco, France, Iceland and Luxembourg.
What the average cost includes
For the purposes of the survey, “average costs” included the cost of hotel or Airbnb accommodation, food costs based on local consumer price indices and restaurant costs, in-country transport costs and costs for tourist activities within the destination, but excluded the cost of travel to the destination.