×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
23
Jan 2026
weather symbol
Athens 13°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Deutsche Bank: Low quality of life for Athenians

Athens is among the most expensive cities in terms of gas prices

Newsroom May 20 05:43

The city of Athens rankled relative;y low in terms of quality of life, even though it has climes some spots in relation to previous years, according to the annual survey released by Deutsche Bank’s which focuses on citizens’ earnings, cost of living and purchasing power in major cities around the world.

The data also confirmed that the cost of gas in the Greek capital is among the highest in the world, while Athenians pay a premium cost for smartphones in comparison to other cities.

As far as the quality of life indicator, which factors in the cost of living and purchasing power, security, health care, and environmental quality, Athens is ranked 34th among 56 cities around the world, gaining four spots compared to last year. Zurich remained first, while the top five is rounded off with Wellington (New Zealand), Copenhagen, Edinburgh, and Vienna.

In terms of wages/incomes, San Francisco knocked Zurich from top place this year. The net monthly earnings of an average worker in Athens are US $ 853, which puts the city in 42nd place among 56 cities. These earnings are 16% lower than the average over the last five years. In San Francisco, the average worker receives $ 6,526 a month, in Zurich about $ 5,900, in New York just over $ 4,610, and $ 4,288 in Boston.

Zurich may have lost its first spot in salary, but it is still the most expensive city in the world in several goods and services, usually followed by Scandinavian cities and major financial centres such as London, New York, and Hong Kong.

The Greek capital holds the not so enviable position of being the 6th most expensive city in gas prices having climbed two spots compared to 2014 and four compared to last year. This year, the Athenians pay an average of $ 1.78 per litre of gasoline, while last year they paid $ 1.83 and five years ago $ 2.33. The price has fallen further in other cities, and the euro has depreciated against the dollar, which explains the rise of the Greek capital in the world ranking. The top five are Hong Kong, Oslo, Amsterdam, Milan, and Helsinki, while Paris is one place below Athens.

>Related articles

From Athens to the village: A “guide” platform is being created for those who want to relocate to the countryside

Athens reluctant to take part in Trump’s Peace Council – Most Europeans leaning toward “no,” except Orban

6+1 measures to clean up traffic chaos in Attica

On rental rates, on the other hand, the cost of a two-room apartment in Athens has dropped 7% from the average of the last five years to $ 597, with the city ranked 47th. The cost is a long way from rents in Hong Kong, where the average price for a two-room apartment is $ 3,685 a month or San Francisco, where the tenant is asked to pay $ 3,631 a month. New York is In third place with an average rent of $ 2,910.

The cost of Internet access in Athens is also relatively inexpensive Dubai hold the top spot for Internet rates, while the second place is shared by San Francisco, New York, and Dublin.

As for other daily costs, such as coffee and soft drinks, Athens is ranked 22nd in the world (for a cappuccino) and 15th respectively (for a 2-litre bottle of Coca Cola), while it is 27th at the cost of beer.

Ask me anything

Explore related questions

#athens#cost of living#Deutsche Bank: Low quality of life for Athenians#quality of life
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Greece–Türkiye: Cautious diplomacy ahead of the Cooperation Council

January 23, 2026

Donbas: The “Greenland” Putin is determined to secure — Zelensky’s red line

January 23, 2026

Watch video: Footage of French forces boarding a Russian “shadow fleet” tanker in the Mediterranean

January 23, 2026

Pierrakakis praises AADE’s innovative model as a blueprint for modernizing Greek public administration

January 23, 2026

‘We lost an angel, she will be dressed as a bride,’ said Christina’s father, who lost her life in Ano Glyfada

January 23, 2026

Meloni: ‘Europe has more to lose than gain by clashing with Trump’

January 23, 2026

The dirty side of Pompeii: baths filled with sweat and urine, according to a new study

January 23, 2026

Christodoulides meeting with ExxonMobil’s vice president, 6-9 trillion cubic feet of natural gas estimated in Block 10

January 23, 2026
All News

> World

Donbas: The “Greenland” Putin is determined to secure — Zelensky’s red line

Why the territorial issue remains the biggest obstacle to peace, the U.S. ideas on the table, and the strategic value of eastern Ukraine

January 23, 2026

Watch video: Footage of French forces boarding a Russian “shadow fleet” tanker in the Mediterranean

January 23, 2026

Meloni: ‘Europe has more to lose than gain by clashing with Trump’

January 23, 2026

CNN Analysis: How Nicolas Maduro was captured in minutes — U.S. risks over his fortified Caracas residence

January 23, 2026

Why Merz and Meloni are seen as EU’s new power duo: Disillusionment with Macron and strategic ties to Trump

January 23, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα