Updated 25 October 2026

Greece in Numbers 2026: Minimum Wage, Tax, Mortgage Rates, Pension Age and Energy Prices Compared

Quick answer: In Greece in 2026, the minimum wage is €1,073/month (about $1,201 a month full time); an average earner keeps 74% of their pay after income tax and social security; mortgage rates are about 3.3%; household electricity costs €0.240 per kWh; petrol is €2.19/L, up 26.1% since February. The table below puts 9 everyday money measures for Greece side by side and ranks each one against the other countries in our data, using official figures from national statistics offices, central banks, the OECD and Eurostat.

Most comparisons of Greece look at one number at a time. This page gathers the figures that matter for working, buying a home, paying bills and retiring in Greece, so you can see them together and see how Greece compares. Each section links to our full guide for that topic, which covers every country and lists the original sources, and each dataset can be downloaded free.

Greece at a Glance

MeasureGreeceRank
Minimum wage€1,073/month (≈ $1,201/month)19th highest of 38
Tax on an average wage26.1% (keeps 74%)16th highest of 38
Mortgage rate3.3% (new home loans, August 2026)11th lowest of 31
Electricity (household)€0.240/kWh (≈ $0.27)17th lowest of 33
Petrol price€2.19/L (+26.1% since Feb)5th highest of 29
State pension age677th highest of 39
Pension (share of pay)88.5% of net pay6th highest of 50
Bank deposit protection€100,000 per person, per bank—
Retirement visa incomeAbout €3,500 a month—

Rank compares Greece with the other countries in each dataset; "highest" means the largest value. "—" means the measure isn't ranked.

Minimum Wage in Greece (2026)

The legal minimum wage in Greece is €1,073/month. For a month of full-time work that is about $1,201 at current exchange rates, 19th highest of 38 countries in our comparison.

Full table for every country, with sources: Minimum Wage by Country 2026: Hourly and Monthly Rates in US Dollars. Download the data (CSV).

Income Tax and Take-Home Pay in Greece

A single worker on the average wage in Greece (about $51,000 at purchasing-power parity) pays 26.1% of gross pay in income tax and employee social security, so they keep 74%. That is 16th highest of 38 countries, against an OECD average of 25.1%.

Income tax and employee social security take 26.1% of pay at the average wage, 21.1% at two-thirds of it and 33.0% at 1.67 times it. Including employer contributions, the total tax wedge is 39.3% of labour costs.

Full table for every country, with sources: Income Tax by Country 2026: How Much of Your Salary You Keep in 38 Countries. Download the data (CSV).

Mortgage Rates in Greece (2026)

The typical mortgage rate in Greece is 3.3% (new home loans, August 2026), 11th lowest of 31 countries; the euro area average is 3.6%.

Down 0.15 points since February 2026 (3.45%). Monthly payment per €100,000 over 25 years: €490.

Full table for every country, with sources: Mortgage Rates by Country 2026: Where Buying a Home Costs the Most. Download the data (CSV).

Electricity Prices in Greece

Households in Greece pay about €0.240 per kWh of electricity (about $0.27), 17th cheapest of 33 countries; the EU average is €0.283. Change: +0.8% vs late 2025.

Household gas: €0.077 per kWh. Typical household using 2,500–5,000 kWh a year, all taxes included, January–June 2026.

Full table for every country, with sources: Electricity Prices by Country 2026: What Households Pay per kWh, and What the Iran War Means for Bills. Download the data (CSV).

Petrol Prices in Greece Since the Iran War

Petrol in Greece costs €2.19/L (week of 19 October 2026), up 26.1% from €1.74/L in the week before the Iran war began. It peaked at €2.21/L (28 Sep). At about $2.45 a litre it is 5th most expensive of 29 countries, and the rise is 14th largest of 29 countries.

Full table for every country, with sources: Petrol Prices Since the Iran War: How Much They Have Risen in 35 Countries. Download the data (CSV).

Retirement Age in Greece

The state pension age in Greece is 67 for people reaching it in 2026; the earliest you can claim is 62 with 40 years. Future change: Linked to life expectancy.

Full table for every country, with sources: Retirement Age by Country 2026: State Pension Ages in 39 Countries. Download the data (CSV).

How Much the State Pension Pays in Greece

A full-career average earner in Greece can expect a mandatory pension worth about 88.5% of their previous net pay, 6th most generous of 50 countries (OECD average 63.2%). Low earner (half the average wage): 99%. High earner (twice the average): 80%.

Full table for every country, with sources: State Pension Amounts by Country 2026: How Much Retirees Actually Get. Download the data (CSV).

How Much of Your Money Is Protected in Greece

Bank deposits in Greece are protected up to €100,000 per depositor, per bank (about $111,900), the limit set by EU law for every member state. Harmonised by EU law; local-currency equivalent outside the euro. Money in payment apps and e-money wallets is usually not covered.

Full table for every country, with sources: Deposit Insurance Limits by Country 2026: How Much of Your Money Is Protected. Download the data (CSV).

Retiring to Greece From Abroad

Foreign retirees usually move to Greece on the Financially independent person visa, which requires About €3,500 a month (about $3,920 a month). Prices are about 60% of US levels, so $2,000 buys roughly what $3,310 would in the US. Optional 7% flat tax on foreign income, including pensions, for up to 15 years for new residents.

Full table for every country, with sources: Best Countries to Retire Abroad on $2,000 a Month: Costs, Visas and Taxes Compared. Download the data (CSV).

Frequently Asked Questions

What is the minimum wage in Greece in 2026?

The minimum wage in Greece is €1,073/month, about $1,201 a month for full-time work. That is 19th highest of 38 countries.

How much tax do you pay in Greece?

On the average wage, income tax plus employee social security in Greece take 26.1% of gross pay, so a single worker keeps 74% (OECD average: 25.1%).

What are mortgage rates in Greece right now?

Mortgage rates in Greece are about 3.3% (new home loans, August 2026). Down 0.15 points since February 2026 (3.45%). Monthly payment per €100,000 over 25 years: €490.

How much does electricity cost in Greece?

Household electricity in Greece costs about €0.240 per kWh (about $0.27), 17th cheapest of 33 countries.

How much has petrol gone up in Greece?

Petrol in Greece has risen 26.1% since February 2026, from €1.74/L to €2.19/L.

What is the retirement age in Greece?

The state pension age in Greece is 67 in 2026, with the earliest claim at 62 with 40 years. Legislated change: Linked to life expectancy.

How much is the state pension in Greece?

In Greece, mandatory pensions replace about 88.5% of an average earner's net pay after a full career, against an OECD average of 63.2%.

How much money is insured in a bank in Greece?

Deposits in Greece are insured up to €100,000 per person, per bank.

How much income do you need to retire in Greece?

The Financially independent person visa asks for About €3,500 a month.

Compare Greece With Other Countries

See every country side by side in Compare Countries 2026: Minimum Wage, Tax, Mortgage Rates, Energy and Pension Age in 35 Countries, or open a country page: Australia, Austria, Belgium, Brazil, Canada, China, Czechia, Denmark, Estonia, Finland, France, Germany, India, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, the United Kingdom, the United States.

Cite this page: Blog Digest, “Greece in Numbers 2026: Minimum Wage, Tax, Mortgage Rates, Pension Age and Energy Prices Compared”, updated 25 October 2026, https://randomthoughtsever.blogspot.com/2026/10/greece-in-numbers-2026-minimum-wage-tax.html

Related Guides

Figures checked against the official sources listed in each linked guide in October 2026. Exchange-rate conversions are approximate. This page is for information and isn't financial or legal advice.