You don’t have to spend a fortune on your summer vacation in order to have a good time. Of course, it’s worth splurging on some things like a Mykonos villa, but spending crazy amounts of money in fancy restaurants isn’t always worth it. Here are some best affordable restaurants in Mykonos you need to go to if you want amazing dining at reasonable prices.

Here Are Our Top Picks for the 3 Best Affordable Restaurants in Mykonos

Mykonos is known for being pricey, and while it is partly true and the prices are a bit higher than in other places in Greece, that doesn’t always have to be the case. You don’t have to spend a ton of money to have a great time on the party island or try some delicious Mykonos food.

It’s not that hard to visit Mykonos if you’re trying to stick to a reasonable budget. Not many people know this, but if you want to try really authentic, traditional Greek food, you don’t turn to fancy, upscale restaurants on the island where it’s impossible to get a reservation because it’s the hottest Instagram spot of the moment.

Turn to small, local tavernas that have been family run for years and decades. So, here are some restaurant suggestions where you can eat great Greek food at even better prices you should try out.

A Beach Bar Is Also a Great Option for Lunch – Go to Elia Beach

Beach clubs are also an excellent choice for a meal since they offer most of the popular dishes at better prices. Not to mention that they are very convenient if you’re planning to spend the whole day by the water. Just try to avoid overpriced beach clubs that belong to a hotel.

A great place you should take a look at is the Elia Beach restaurant, located right on Elia Beach. Their prices are very reasonable, and they offer a large selection of Greek cuisine. They are also known for serving an amazing traditional breakfast.

A beach club

Beach clubs are a great place to grab a bite and not spend a fortune

#1 Sakis Grill Has the Best Gyros

If you want to stay on The Island of the Winds without the travel costing you an arm and a leg, you should know that gyros will be your true friend. It doesn’t matter where you go, it should never be over 3 euros. Whatever time of day it is, it’s always a great time for gyros. It doesn’t matter if it’s 4 PM and you’re going to one of the luxury villas Mykonos has to offer, or if it’s 2 AM and you’re heading from the club, you can always find one on the island.

If you’re a true lover of tzatziki, fries, and meat all wrapped up in a delicious pita, you can’t miss going to Sakis. It’s a traditional restaurant that’s been around for ages, and the line of people that forms outside each day proves how great the food is. Their menu is short and sweet – they mostly serve salads, gyros, and souvlaki.

 A gyros

Try the most delicious gyros of your life at Sakis

#2 Rizes in Ano Mera Feels Like a Different Universe

If you ever feel like taking a short trip and escaping the bright blue and white buildings, we would strongly recommend visiting Rizes restaurant. It’s located in Ano Mera, a small village nearby. It’s about a 20-minute drive from the center, so it would be best to rent a car for the travel.

The restaurant is held inside a beautifully decorated house, and it’s been run by a family for years. If you want to try the most authentic and fresh dishes Greece has to offer, this is the place to be. Not only is everything on the menu made with fresh ingredients, but they will also serve traditional Greek alcohol like ouzo to complete the experience.

It’s worth spending the entire day there, but you will need to make a reservation. Just ask your Mykonos concierge to get it done for you. You can spend the day enjoying the experience of being surrounded by everything this beautiful place in Ano Mera has to offer:

  • A garden,
  • A church,
  • A horse stable,
  • And even its very own vineyard.

#3 Niko’s Taverna Is a Great, Affordable Restaurant in Chora (Old Town)

If you want to grab lunch somewhere closed where you don’t have to turn on the car, you should definitely give Niko’s Taverna a shot. It’s located in the heart of Chora and offers a big terrace with a lovely view. The pelicans that have become locals in this restaurant create an authentic dining experience, and they are very friendly. When it comes to small appetizers, Niko’s Taverna’s menu takes the win with its fried calamari. Their prices are excellent, the portions are huge, and the food is to die for.

You Can Find Amazing Restaurants in Mykonos Town

If you ever get tired of booking restaurant reservations, reading online reviews, and looking at menus, and you just want a simple meal, all you need to do is take a walk through Chora. The island is filled with hidden places that will take your breath away and make your taste buds explode. Explore the town and find a lovely local tavern to dine in. The small local places in Greece are always the best ones.

A tavern near the water

Take a walk through Chora, and you will run into great, inexpensive local taverns

No Matter Where You Go, You Will Always Eat Good Food

The island has so many great places to offer that the chances of you having a bad meal are slim to none. That being said, if you want to ensure you’ll be close to the best tavernas, contact The Ace VIP and book one of the Mykonos luxury villas. We also offer the finest Mykonos yacht rental if you ever feel like having an authentic Greek lunch right on the water and taking a break from the gorgeous Mykonos villas for rental.