What is cost of living on Crete?
The cost of living in Greece is substantially less than that of the UK according to recently announced information by the Greek Consumer Centre (ELKEKE). The cost of living for a family of four to the end of January 2006 was €2,515 euros (£1,734) per month, an amount that includes average mortgage payments. The figures are average ones taken for the country of Greece as a whole, Crete being an essentially a rural community the cost of living will be substantially lower that that of one of the major cities such as Athens. The cheaper living cost make it a very attractive place to retire to, or for those just seeking a gentler pace of life. A number of people are considering renting out their UK property and using the income to fund a new life in a sunnier warmer climate.
