Greece ranks as the fourth most expensive Mediterranean country for hotel, accommodation and restaurant prices, according to a comparative analysis of Eurostat data conducted by Euronews Business on Southern Europe’s most popular summer destinations in 2026.
In the hotels, restaurants and catering sector (HoReCa), Greece records a price level index of 86.1, with the EU average set at 100. This is higher than Spain (85.4), Turkey (78.3) and Portugal (73.6), while only France (116.0), Italy (110.8) and Croatia (89.6) are more expensive.
The study examines data covering more than 2,000 goods and services in Southern Europe’s most popular summer destinations.
Significant differences emerge across individual product categories. Greece ranks as the second most expensive country for alcoholic beverages, with an index of 154.0, behind only Turkey (210.2), a result attributed mainly to high excise duties. At the same time, Greece records the highest index in the study for fish and seafood, at 112.7, even surpassing France (108.5). Food products (104.7) and non-alcoholic beverages (111.8) are also priced above the European average.
Overall, however, Greece remains competitive in terms of its general price level, with an index of 87.4, or 12.6% below the EU average. The overall cost of living, transport and essential services also remains lower than in France (100.3), Italy (97.1) and Spain (91.6).
Source:Kathimerini
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