Why is it so expensive to fly to Greece?

Flight tickets though are expensive. Reason is high airport taxes, and the fact that Athens only has one airport. Ferry costs to any island are quite high.



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This high demand is one factor driving the rising costs, with passengers willing to pay higher prices and many airlines still not back to running their pre-pandemic number of flights. Mr Boland said huge demand for holidays have combined with inflationary pressure to create a “perfect storm of spiralling costs.”

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When is the best time to book flights to Greece?
  • The cheapest months to book a flight to Greece: September and October, followed by November.
  • Booking a flight in September can see as much as 13% savings compared to the average yearly flight price.
  • The most expensive months to book a flight to Greece: May and June.


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One of the reasons, among the most obvious ones, is the high indirect taxation: Levies like value-added tax and the special consumption tax such as that introduced just a few years ago on coffee, were increased or created during the decade-long financial crisis but have remained in place since.

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For starters, there are simply not enough seats to provide for how many people want to fly. Henry Harteveldt, travel industry analyst at Atmosphere Research Group, tells Select that while travel demand has come roaring back, seat capacity is still down 6% compared to pre-pandemic numbers.

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Average U.S. airfares are more than 5% lower in August 2023 than they were in August 2019, meaning prices aren't just lower than they were last year, but even lower than what they were pre-pandemic. August 2023 vs. July 2023 (MoM). Down 2.8%.

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Greece is actually pretty cheap. Greek food, glasses of wine, hostel dorms, and public buses aren't super expensive and you can find some really nice accommodation for between 30-50 EUR a night. There are a lot of ways to save money in Greece without sacrificing comfort.

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What's the cheapest city to fly into in Greece? The cheapest city to fly into is Athens; and the cheapest airport serving this city at the moment is Athens International.

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Peak season is summer, when Athens is packed with tourists, and hotel prices can be high. July and August are the hottest. The best time to visit is late spring (May) and fall (Sept–Oct). It's pleasant, with comfortable weather, no rain, and smaller crowds (except during holiday weekends).

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Average domestic airfare price by day The cheapest days to depart if you're flying within the U.S. are midweek — generally Tuesday or Wednesday. For economy tickets, Tuesdays are about 24% lower than peak prices on Sundays, which translates to savings of about $85 per ticket.

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So, how much does it cost to go to Greece? Based on my estimates, your Greece costs will be about $4,455 per person for two weeks. Remember, this estimate is based on visiting the most popular islands (Santorini and Mykonos), which are also the most expensive.

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For property pricing and living expenses, Greece is far cheaper than the UK. Even in Athens where prices are higher, living costs are 33% lower than living in London. Greece has a more relaxed approach to work, which is a great pull for Brits seeking a better work/life balance.

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Is it cheaper to book a flight at the last minute? We've said this before, but it's worth repeating at the outset—no, it's really not cheaper to book a flight at the last minute. Yes, last minute travelers used to score the occasional fare so low it might have induced shock, but that's no longer the case.

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Average domestic airfare price by day
  • Tuesdays and Wednesdays are the cheapest days to fly domestically.
  • Saturday and Monday flights can help you avoid the Sunday rush.
  • Wednesdays and Thursdays are the cheapest day to fly internationally.
  • Book one to three months in advance.
  • Set a price alert.


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Finding the cheapest day to fly usually falls mid week on Wednesdays, but can just as easily fall on any other day of the week based on demand. Time of year also is a huge factor on ticket prices, as traveling during low or off peak seasons will see prices drop for flights.

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