I just got back from Serbia where a friend of mine will be working until next September. He is paying €1,500 a month for a three bedroom apartment in a nice area of Belgrade. It also has a fairly spacious balcony as well as undergound parking. He doesn't even need the third bedroom so he converted it into a walk-in wardrobe. I will be moving to London in a couple of weeks and will be paying £1,700 for a 1 bedroom flat without balcony.
I think the moral of the story is to leave behind the world of materialism and capitalism, find a remote place in the Greek countryside or on one of the islands and become self-sufficient.