Ioannina, Epirus, Greece
Epirus' lakeside gem with a stunning old town, Ottoman heritage, and dramatic mountain scenery.
Below Average vs Greece avg (100)
Affordable
Household income
Job market health
Ioannina vs Greece Average
Taxes
- Income Tax: 22.0%
- VAT: 24.0%
Economy & Jobs
- Median Income: €11,500
- Unemployment: 15.2%
- Population: 112,486
Climate
- Sunny Days: 230/year
- Summer High: 86°F
- Winter Low: 34°F
Housing
- Median Home: €90,000
- 1BR Rent: €380/mo
Cost of Living
Ioannina's cost of living index is 82 (Greece average = 100).
| Category | Ioannina | National Average | Difference |
|---|---|---|---|
| Overall | 82 | 100 | -18.0% |
| Housing | 72 | 100 | -28.0% |
Data source: ELSTAT, Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €90,000 |
| Median Rent (1BR) | €380/mo |
| Median Rent (2BR) | €475/mo |
| Price per Sq Ft | €60 |
Data source: Spitogatos, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Ioannina:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | €80 | Based on ~3,500 kWh/year typical Greek household usage |
| Heating & Cooling | €45 | Estimated based on local climate. electric or gas heating (limited usage in mild climates) |
| Cooling (AC) | €1 | Estimated based on local climate and electricity rates |
| Water | €28 | Includes sewer |
| Internet (100+ Mbps) | €28 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | €182 | Monthly estimate (including heating & cooling) |
Data sources: RAE, EDA, EYDAP 2025
Best Neighborhoods
Downtown Ioannina
The heart of the city with restaurants, shops, and entertainment. Average rent: €456/mo.
Ioannina Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: €418/mo.
East Ioannina
Up-and-coming neighborhood with new developments and young professionals. Average rent: €342/mo.
West Ioannina
Family-friendly area with parks and good schools. Average rent: €361/mo.
Remote Work Score
Ioannina scores —/100 for remote work readiness:
Climate
Ioannina has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 54°F | 34°F | 2.5" |
| April | 71°F | 49°F | 2.8" |
| July | 86°F | 61°F | 1.5" |
| October | 66°F | 52°F | 2.2" |
Taxes
- Income Tax: 22%
- VAT: 24%
- Property Tax: ~0.25% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 15.2%.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Ioannina, Epirus, Greece?
The cost of living index in Ioannina is 82, which is Lower the Greece national average of 100.
How much does it cost to buy a home in Ioannina?
The median home price in Ioannina is €90,000. The housing index is 72.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Ioannina is approximately €380/mo.
Does Ioannina, EP have income tax?
Ioannina is in EP, which has an income tax rate of 22%.
What is the climate like in Ioannina?
Ioannina enjoys approximately 230 sunny days per year. Summer highs reach around <no value>°F,86°F, while winter lows can drop to around <no value>°F.34°F.
Data Sources
- Cost of Living: ELSTAT, Numbeo, 2026
- Housing Data: Spitogatos, 2026
- Income & Employment: ELSTAT Labour Force Survey, 2024
Data last updated: July 11, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.