As of November 12, 2026, Greece is cheaper than Italy for travelers: a mid-range day costs about $129 in Greece against $157 in Italy, a gap of 22.2%. Over the past year Italy has moved more in the US-dollar traveler's favor (+4.9% after inflation, against +4.0%). Greece carries the lower US advisory (Level 1 against Level 2).
| Measure | Greece | Italy |
|---|---|---|
| Mid-range day | $129 | $157 |
| Lean day | $62 | $76 |
| Comfortable day | $288 | $345 |
| Real change, 12 months | +4.0% | +4.9% |
| Exchange rate alone, 12 months | +4.5% | +4.5% |
| Versus 5-year average | −1.2% | +1.2% |
| US advisory | Level 1 · Normal precautions | Level 2 · Increased caution |
| Ease of travel | 4.7 · Effortless | 4.8 · Effortless |
| Index score | 62 | 55 |
| Best months | May, Jun, Sep | May, Jun, Sep |
| Shoulder months | Apr, Oct | Mar, Apr, Oct, Nov |
The better figure in each row is in bold. Costs are modeled estimates per person, excluding international flights.
Expensive islands, inexpensive mainland.
The catchSantorini and Mykonos price like the Riviera, and summer heat and wildfires now disrupt July and August.
The country everyone wants to visit, priced accordingly in four cities and reasonably everywhere else.
The catchVenice, Florence, Rome and the Amalfi Coast are expensive and overwhelmed from May to September. City tourist taxes add up.
Source: Trip Arbitrage (triparbitrage.com), reading of November 12, 2026. How this is calculated.