Heraklion

Greece Above global median · +15.9% (3-bed)

Heraklion is one of the pricier markets here. A 3-bedroom home runs about +15.9% versus the global median of $276k.

Median purchase price

1-bedroom $150,000 +7.1% vs global median $140k

2-bedroom $185,000 −6.1% vs global median $197k

3-bedroom $320,000 +15.9% vs global median $276k

Cost of living & rent

Cost of living 55.0 NYC = 100, excl. rent Numbeo Updated Jul 2026 medium confidence

Rent · 1-bed (centre) $489/mo Numbeo Updated Jul 2026 medium confidence

Rent · 3-bed (centre) $931/mo Numbeo Updated Jul 2026 medium confidence

Price-to-rent ratio 28.6× years of rent to equal purchase Model estimate Updated Jul 2026 medium confidence

Earnings & affordability

Local purchasing power 57.1 NYC = 100 Numbeo Updated Jul 2026 medium confidence

Income tax (effective)

Income tax · low earner 21.0% effective, on ~$30k gross Public web research Updated Jun 2026 medium confidence

Income tax · mid earner 28.5% effective, on ~$75k gross Public web research Updated Jun 2026 medium confidence

Income tax · high earner 33.5% effective, on ~$150k gross Public web research Updated Jun 2026 medium confidence

Source & date. Median home-purchase prices in USD, starter dataset v2026.1 (2026-05). Other metrics carry their own source & date on each card above. Directional figures for comparing markets — not a valuation of any specific property. Methodology →

Getting there