The new gross monthly minimum wage is EUR 713.00 for employees. The new gross minimum daily wage is EUR 31.85 for manual workers.
What’s the minimum wage in Greece per hour?
€4.28
Minimum wages by country
| Country | Monthly minimum wage | Hourly rate |
|---|---|---|
| Net (EUR) | (Local) | |
| Greece | 614 | €4.28 |
| Hungary | 369,(480)for skilled emp. | 996 forint |
| Ireland | 1,622 | €10.50 |
What is the minimum wage per hour in Greece 2021?
Since June 2022, the national minimum wage in Greece remained fixed at €831.8 per month, that is 9,982 euros per year, taking into account 12 payments per year.
Greece rises the national minimum wage.
| Date | Nat. Curr. NMW | NMW |
|---|---|---|
| Dec 2021 | 758.3 | 896.9$ |
| Jan 2022 | 773.5 | 876.1$ |
| May 2022 | 773.5 | |
| Jun 2022 | 831.8 |
What is the average salary per hour in Greece?
The average hourly wage (pay per hour) in Greece is 14 EUR. This means that the average person in Greece earns approximately 14 EUR for every worked hour.
How much is wages in Greece?
Greece: New Minimum Wage In Greece
2022. For employees, the new gross monthly minimum wage is EUR 713.00. For manual workers, the new gross minimum daily wage is EUR 31.85.
Can you live in Greece with minimum wage?
The minimum wage in Greece is fixed at €758.33 per month, which is not that high. However, most citizens in Greece who only make minimum wage, tend to live with family or have inherited homes. That makes it easier to get by with such a modest income.
What is Greece’s minimum wage 2022?
2022. The new gross monthly minimum wage is EUR 713.00 for employees. The new gross minimum daily wage is EUR 31.85 for manual workers.
How much is rent in Greece?
Sample Monthly Budget for Living in Greece:
| Expense | Euro | USD |
|---|---|---|
| Housing (rent for a one bedroom apartment in the center of Athens) | €579 | $650 |
| Utilities (Gas, Electric, Phone, Internet) | €107 | $120 |
| Groceries | €205 | $230 |
| Basic Cost of Living | €890 | $1,000 |
How many hours do Greek people work?
The length of a typical working week in Greece is 8 hours a day, 5 days a week starting at between 8am and 9am. Greeks do spent more time working as, according to Eurostat, employees in Greece work on average 42 hours per week compared to a European average of 40.3 hours per week.
What country has the highest minimum wage?
Top 20 Countries with the highest minimum wage in 2020 (US$):
- Australia – $14.54.
- Luxembourg – $13.67.
- New Zealand – $13.18.
- Monaco – $11.88.
- Ireland – $11.54.
- France – $11.46.
- United Kingdom $11.37.
- Netherlands – $11.21.
Is Greece a poor country?
GREECE is a relatively wealthy country, or so the numbers seem to show. Per-capita income is more than $30,000 — about three-quarters of the level of Germany. What the income figures fail to capture is the relative weakness of Greece’s economic institutions.
How much is cost of living in Greece?
All in all, you can expect to live comfortably on a budget of 2,000 Euro per month, which includes average monthly costs and rent for a one-bedroom apartment in the city center of Athens.
Is it expensive to live in Greece?
The cost of living in Greece is cheap compared to other European countries. Although salaries are low compared to those in the rest of Europe, the quality of life is still high. The reason behind this is the overall low costs of services.
What is the poverty level in Greece?
Greece poverty rate for 2018 was 2.90%, a 1.8% decline from 2017. Greece poverty rate for 2017 was 4.70%, a 0.9% decline from 2016.
Greece Poverty Rate 1995-2022.
| Greece Poverty Rate – Historical Data | ||
|---|---|---|
| Year | % Under US $5.50 Per Day | Change |
| 2019 | 3.40% | 0.50% |
| 2018 | 2.90% | -1.80% |
| 2017 | 4.70% | -0.90% |
What is the unemployment rate in Greece?
14.80%
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Greece unemployment rate for 2021 was 14.80%, a 1.51% decline from 2020. Greece unemployment rate for 2020 was 16.30%, a 1.01% decline from 2019.
What is the average salary in Greece 2021?
In the long-term, the Greece Average Monthly Salary is projected to trend around 1200.00 EUR/Month in 2021, according to our econometric models. In Greece, the average monthly salary is benchmarked using wages in enterprises with 10 or more employees, including all salaried employees with full or part time employment.
What does a average person make in Greece?
After 2009 there was a significant decrease in the average annual wages in Greece, which amounted to approximately 16 thousand euros in 2020.
Average annual wages in Greece from 2000 to 2020 (in euros)*
| Characteristic | Average annual wages in euros |
|---|---|
| 2020 | 16,975 |
| 2019 | 16,767 |
| 2018 | 16,603 |
| 2017 | 16,508 |
What are the cons of living in Greece?
The cons of living in Greece
- Unequal distribution of facilities. If you’re looking for all the amenities you currently enjoy in life then you’ll need to live in or near a major city, which also means the cost of living will be higher.
- Few employment opportunities.
- Complicated taxes.
What is Athens like to live in?
Great quality of life
Along with the great food and low cost of living, the quality of life in Athens is very high. The city is safe compared to many major cities in Europe and much more peaceful. Aside from the city’s historical influence, the city boasts a large commercial area home to many big-name brands.
What is the minimum wage in USA?
$7.25 per hour
The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.
What’s the minimum wage in England?
Rates before 1 April 2021
| 25 and over | 18 to 20 | |
|---|---|---|
| April 2020 to March 2021 | £8.72 | £6.45 |
| April 2019 to March 2020 | £8.21 | £6.15 |
| April 2018 to March 2019 | £7.83 | £5.90 |
| April 2017 to March 2018 | £7.50 | £5.60 |