Location Factors

Thessaloniki

The location factor for Thessaloniki (Greece) is 1.07, based on national market rates.

This means a €63,955 per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to €65,306.
It would be €53,496 based on living costs, €54,626 with taxes paid in Germany.

You can also start a calculation based on Thessaloniki.

Name Thessaloniki
🇬🇷
Greece
Chosen Factor 1.07 1.09* 1.07 1.09*
Market Rates unavailable 1.07 1.09*
Consumer Price Index 0.89 0.91* 0.90 0.92*
Rent Index* 0.42 0.43* 0.44 0.45*
Consumer Price Plus Rent Index 0.76 0.78* 0.79 0.80*
Groceries Index 0.83 0.85* 0.90 0.92*
Restaurant Price Index* 1.08 1.10* 0.97 0.99*
Local Purchasing Power Index* 0.52 0.54* 0.46 0.47*
Buffer Location Bracket* C or B C or B
Currency Euro (EUR)
Income Tax* 22% to 42%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on PayScaleEurostatNational Sources. Living costs based on Numbeo.

Other locations in Greece

City Factor Based On
Athens 1.07 1.09* Market Rates
Chania 1.07 1.09* Market Rates
Patras 1.07 1.09* Market Rates
create calculation* If taxes paid in Germany instead.