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Island in South Aegean, Greece

Cost of living in Mykonos

Updated October 2026Sources

How much a month costs in Mykonos

For one person, including rent. A comfortable month costs about $3,380–5,060 (€3,000–4,500).

Lean$1,910–2,810€1,700–2,500 · Room or studio, local food
Comfortable$3,380–5,060€3,000–4,500 · 1-bed apartment, eating out daily
Luxury$6,750–13,500€6,000–12,000 · Upscale apartment, restaurants, taxis

Prices in Mykonos

Typical 2026 ranges in EUR, rounded. US$ at the 03 Oct 2026 exchange rate.

ItemEURUS$
Housing
1-bedroom apartment, center (month)€1,200–2,500$1,350–2,810
1-bedroom apartment, outside center (month)€800–1,400$900–1,580
Hostel dorm bed (night)€40–90$45–101
Mid-range hotel room (night)€150–350$169–394
Food and drink
Local meal or street food€10–18$11–20
Mid-range restaurant, per person€30–60$34–68
Cappuccino€4–7$4.5–7.9
Local beer, 0.5 l in a bar€6–10$6.8–11.3
Getting around
Public transport, one ride€2–3$2.3–3.4
Ride-hailing or taxi, about 5 km€15–30$17–34
Work and life
Gym membership (month)€40–80$45–90
Mobile data, 20–50 GB (month)€15–30$17–34

Value for money: 7/100

A value score of 7/100 means Mykonos gives more quality of life per dollar than 6% of the 1,319 places we cover. Quality here scores 74/100. It's the 23rd most affordable of 23 places we cover in Greece.

Quality factorScore
Safety75
Air quality80
Internet56
Healthcare80
Weather58
Friendly locals75
English100

Cost of living across Greece

One person, comfortable lifestyle, including rent.

PlaceComfortable monthValue
Thassos$1,460–2,14064/100
Thessaloniki$1,580–2,36049/100
Meteora$1,690–2,48055/100
Peloponnese$1,690–2,48049/100
Corfu$1,690–2,59048/100
Zakynthos$1,690–2,59047/100
Chania$1,690–2,59058/100
Crete$1,800–2,70047/100
Rhodes$1,800–2,70042/100
Naxos$1,910–2,81048/100
Halkidiki$2,030–2,93040/100
Lefkada$2,030–2,93043/100
Nafplio$2,030–2,93041/100
Athens$2,140–3,15030/100
Paros$2,140–3,15040/100
Kos$2,140–3,15030/100
Kefalonia$2,140–3,15037/100
Ios$2,480–3,60020/100
Skiathos$2,480–3,60026/100
Milos$2,700–3,94021/100
Santorini$2,810–4,28012/100
Hydra$2,930–4,28016/100
Mykonos$3,380–5,0607/100

Cheaper alternatives to Mykonos

Similar safety, lower cost, in Europe.

PlaceCountryComfortable month
OhridNorth Macedonia$829–1,290
SibiuRomania$1,160–1,690
MostarBosnia and Herzegovina$920–1,320
BrașovRomania$1,160–1,690
SkopjeNorth Macedonia$1,010–1,570

Quick answers

How much money do you need per month in Mykonos?

About $1,910–2,810 on a lean budget, $3,380–5,060 for a comfortable month and $6,750–13,500 for a luxury one, rent included.

How much is rent in Mykonos?

A furnished 1-bedroom apartment costs €1,200–2,500 ($1,350–2,810) a month in the center and €800–1,400 ($900–1,580) outside it.

How much does food cost in Mykonos?

A local meal is €10–18 ($11–20); a mid-range restaurant is €30–60 ($34–68) per person.

Is Greece expensive?

Prices in Greece are about 60% of US price levels (World Bank PPP).

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Sources

Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.