Greeks Spend More on Housing Than Any Other EU Country, Report Shows

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Greeks Spend More on Housing Than Any Other EU Country, Report Shows

Greeks spend over a third of their disposable income for housing, the most compared to any other EU country, new data reveals. Image: Plaka District with Acropolis Above. CR: G Da, CC BY-SA 3.0, Greeks spend over a third of their disposable income for housing costs, the most by far compared to any other European Union (EU) country, new data released by EUROSTAT reveals. According to the EU’s statistical office, in 2023 Greeks spent 35.2 percent …

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Eurostat has provided data on the cost of housing in the European Union. Greece records a negative first place, as citizens spend 35.2% of their total income on this basic good.

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Greeks spend more than 1/3 of their income to have a roof over their heads, separating them from the European average.

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Eurostat: Greeks spend more on housing than any other EU country

Greeks allocate a higher percentage of their income to housing than citizens of other European Union member states. The average across the EU is 19.7%.