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How much does Mykonos cost?

Daily budget breakdown across three tiers — so you can realistically plan your Mykonos trip before you book anything.

Photo by Hongbin on Unsplash

Mykonos, Greece travel budget

Realistic daily cost per person across three spending tiers. All figures in USD.

Budget

$70–$120
per day

Hostels, street food, public transit

Accommodation
$25–$50

Hostel dorm or basic room in a shared apartment outside main towns.

Food
$20–$35

Gyros, souvlaki, bakery items, and cooking some meals.

Transport
$5–$10

Local buses, walking, or occasional scooter rental split with others.

Activities
$10–$20

Beach access, exploring Mykonos Town, hiking, free local events.

Misc
$10–$15

Water, snacks, souvenirs, occasional drink.

Mid-range

$150–$300
per day

3-star hotels, mix of restaurants, some taxis

Accommodation
$70–$150

3-star hotel, boutique guesthouse, or a nice Airbnb with amenities.

Food
$40–$80

Mix of casual tavernas, cafes, and mid-range restaurants.

Transport
$20–$40

Taxis, scooter/ATV rental, or frequent use of buses.

Activities
$30–$60

Boat trips to Delos, beach clubs (entry fee), guided walks.

Misc
$20–$30

Cocktails, shopping, personal care items.

Luxury

$400–$800
per day

4-5 star hotels, premium dining, private transfers

Accommodation
$200–$450

4-5 star hotel, private villa with pool, or luxury suite.

Food
$80–$150

Fine dining restaurants, tasting menus, gourmet experiences.

Transport
$50–$100

Private transfers, yacht charters, premium car rental.

Activities
$50–$100

Private tours, exclusive beach club experiences, spa treatments.

Misc
$20–$50

High-end shopping, premium drinks, personal services.

Destination-specific money tips

  • Mykonos is one of the pricier Greek islands; expect higher costs for accommodation and beach clubs compared to other Cyclades.
  • While credit cards are accepted in most tourist spots, always have some cash for smaller shops, local buses, and tips.
  • ATMs in Mykonos Town (Chora) are generally reliable, but avoid using ATMs attached to independent exchange offices which may charge higher fees.
  • Beach clubs can add up quickly; consider visiting during off-peak hours or weekdays for potentially lower minimum spends.
  • Tipping is not obligatory but a 5-10% tip for excellent service at restaurants or for drivers is a nice gesture.