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Cost of living on Crete 2014

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  • #45132
    brian c
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        Member since: 23rd March 2006

        Could this be the cost of living for 2014.

        Ok here we go again, happy as can be, we’re all good friends and jolly good companeee .. Goodness knows what the cost of living is anywhere these days as prices, taxes, expenses etc seem to change from one week to the next and rarely for the better (and I have been effected as much as anyone else, hence why I am not on Crete at the moment).

        The following are the figures finalised for the middle of 2013 and contributed to by many many people living mainly on Crete.

        From my own recollection of the many people that have contacted me over the 5 or 6 years of compiling this list, it would appear that most couples do well on a figure of somewhere between 11,000 and 18,000euros , but if you want all the toys, a car and a pool, a pet, insurance, etc, etc, these things cost an additional amount so you select from the list of the items you will use and make up your own costs. I would also point out that a lot of the folks living on Crete have found the better and more economical ways of using their money .. i.e the right shops, restaurants, local tradesmen, grow their own food etc, hence they make their money go further and have a nice lifestyle more economically than the newcomer to the island would need to get by.

        Also over the last 2 years a few people have contacted me and said they do very nicely on 8000 a year and others say the 30,000 is a bit light, it all depends on your own lifestyle, for example, where you live and whether you already own your home, hence no mortgage/rental.

        And contributions from the folks living there would as usual be most appreciated and I will update the list as your advice comes in.
        Thanks in advance for any practical comments and updates.

        Cost of living 2013
        PRIORITIES
        1. RENT/MORTGAGE… €3,600 to €7,000 VARIES FROM 2 BED FLAT TO 3 BED HOUSE
        2. GROCERIES FOR A YEAR. €4,500 to €7,500 depends on your diet, do you grow food etc INC’S TOILETRIES
        3. RATES & WATER … €230 .. ?????
        4. PERSONAL CARE €1,400 .. DENTIST/PRESCRIPTIONS/HAIRCUTS ETC
        5. ELECTRICITY …€800 PLUS, DEPENDENT ON USE
        6. OIL/WOOD/HEATING/ €800 ..  €400 to 800  3 BED HOUSE WOULD BE NEARER 1000 EURO
        7. TV LICENCE. 00 .. no licence collected anymore
        8. INTERNET & PHONE …€400 PHONE AND INTERNET OFTEN COME AS A PACKAGE DEAL
        9. CLOTHING. €560 ..  I WISH MY WIFE WOULD READ THIS
        10. EMERGENCY /MAINTENANCE. €700 REPLACEMENT WASHING MACHINE/LEAKING ROOF, ETC ETC?
        € 12,990 TOTAL OF ITEMS 1 TO 10 THAT ARE PRIORITIES
        EXTRAS – ENTERTAINMENT(i.e.eating out) ….€4,200..  EATING OUT TWICE A WEEK AT 20 EURO A HEAD
        CAR COST/REPAYMENTS YEARLY. €1,600 … DEPENDS ON CAR OF COURSE
        One CAR FUEL FOR A YEAR . . € 1,600 … DEPENDS ON MILAGE
        CAR INSURANCE & road tax ..€ 650 to € 1,150 DEPENDENT ON CAR SIZE
        INSURANCE LIFE .. €700
        INSURANCE BUILDING… €300
        INSURANCE CONTENTS.. €170
        INSURANCE HEALTH…… €2,500 FOR 2 PEOPLE, ..or do you qualify for nat health/IKA
        SKY TELEVISION  .. €700 .. from British address (remember setup costs for dish on Crete)
        HOLIDAYS/FLIGHTS TO BRITAIN….. €2,000
        PET /FOOD & HEALTH CARE ……..€1,000  plus
        POOL MAINTENANCE?………………€1,000 .. €100 for the chemicals if you do it yourself
        ACCOUNTANT  ……………..€150 … if you live here permanently you need an accountant
        NEW PROPERTY/POOL DUTY………….. €400  … if you own a home

        GRAND TOTAL FOR EVERYTHING. €29,960
        PLUS ONE OF SET UP COSTS OF AT LEAST €3000

        Edited:Hello Brian C, I have cleaned gobbledygook 4u. G.

        Compare hotel prices and find the best deal - HotelsCombined.com
        BullionVault

        #45489
        latsida
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            Member since: 17th October 2006

            number 7, the smallest amount on your list, is no longer collected since the government abruptly closed down ERT last year.

            #45699
            moggy1923
                • Topics: 89
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                Member since: 29th April 2007

                Brian

                Thanks for your response to my pm. What I like is the realistic figures you give, & people can play around with them depending on their situation, renting/buying pool , trips abroad, grow your own, etc.

                all the best
                moggy

                #45842
                latsida
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                    just received the latest DEH bill and they have now resumed the TV licence charge.
                    on my bill the payment is 3.35 euros ;)

                    #45941
                    brian c
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                        Member since: 23rd March 2006

                        Thanks to all contributers. There were not as many contributers as usual this year (over 3 sites) so it would seem that the figures are now just about right.
                        Once again many thanks to all that contributed and anything further that comes in I will make amendments for next year.

                        p.s. whats with all the question mark thingys on the original post ??

                        #46008
                        Kefalas
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                            Member since: 8th March 2014

                            I’d guess that you copy-pasted from "Word" or similar and included a bunch of pad characters that are not recognised by the new forum. You could edit them out at the same time as you correct that spelling mistake. :)

                            #46058
                            brian c
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                                Your right Kefalas, I have kept the records and copy and pasted from Word for over 5 years and the original a month ago was posted in the same manner and displayed fine ??   but hey ho if I post in here I just need to make sure I find another source to copy from. :)
                                Didn’t realise the forum had changed and Word was no longer acceptable.

                                #46099
                                Kefalas
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                                    Word (in my experience) has always been problematic if I copy-paste to some other application. Better to use a plain text editor such as Notepad.

                                    #46135
                                    cretenewboy
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                                        Member since: 9th December 2009

                                        ACCOUNTANT …………….. €100 … if you live here permanently you need an accountant

                                        I am moving away slightly from this excellent piece of info to query the above.
                                        Are you saying that you do not need an accountant if you  only have a holiday home and visit as and when?

                                        #46163
                                        Kefalas
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                                            Member since: 8th March 2014

                                            If you have a tax number then you need an accountant to submit your annual tax return – otherwise you’ll get a €50 fine each year.

                                            #46187
                                            latsida
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                                                here is the link for the cost of living started by Brian c.
                                                there is also a previous link above this one in the headings also started by Brian C which ran to over 70 pages

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