Is Mykonos Expensive to Visit?

Once you see all those photos of beautiful beaches, nightlife, and celebrities, you will probably start wondering, is Mykonos expensive to visit? Truth to be told, this place is known for its pricey beach clubs and celebrities checking in each season, so it’s quite reasonable it gives the impression of an overpriced destination. Luckily, there is still a way to visit it on a budget without spending your life savings.

Is Mykonos Expensive? If You Plan to Travel to This Luxury Destination, Expect High Prices

So, Mykonos, how expensive could it be? Well, it depends on many different factors, and one of the most important ones is the season during which you’re traveling. Like all other islands in Greece, this one is also crowded during the summer months, and the highest prices are recorded in July and August. If you want to avoid crowds and high prices, the best would be to visit it during May and September are also good options.

Mykonos nightlife is on another level, so experiencing a bit of it is on everyone’s to-do list. Of course, if you want to save money, you shouldn’t go out every day and drink the most expensive champagne at the beach club, but you can still have loads of fun by spending less than €100 per night. Still, keep in mind that this place has a reputation of being the most expensive island in Greece. It is estimated that a single person spends around €2,000 on average for one week, while couples spend €3,500.

Why Is Mykonos Expensive?

This beautiful island has some of the best beaches, and the party starts even before the night falls, so it quickly became very popular. However, the reason why it is so pricey is that simply there are not many budget-friendly offerings.

The fact that it became an IT place where everyone wants to be seen during the summer allows locals to keep the prices high. Still, not everyone can afford a luxury hotel or to spend thousands of euros in a beach club, so there are always some alternatives.

Person holding money
Greek islands can be prices, so follow some budgeting tips if you have a limit you shouldn’t cross

How Much Is a Meal in Mykonos?

When it comes to food in supermarkets – it is not much pricier than the food in any other Greek market. If you’re renting a villa and staying there with your family or friends, you can cook something on your own and avoid spending hundreds of dollars in one of many restaurants.

Eating at fast-food restaurants can help you satisfy your cravings without breaking the bank. If you pick famous meat delicacies, gyros, or souvlaki for lunch or dinner, you won’t spend more than €10 per meal per person. At prestige restaurants, it is hard to get your stomach full for less than €100 per person.

Wonder How Much Is a Pint of Beer in Mykonos? Don’t Worry, Prices Are Average

For a glass of domestic beer around here, you’ll pay about €7, and for an imported beer price can range from €8 to €10, depending on your choice. If you’re a beer drinker and love to enjoy this refreshing drink on a beach or in a club, those are some prices you can expect. For some other alcoholic beverages, you’ll need to spend more. It will probably be hard to find a decent cocktail for less than €12 per glass, and the good ones can be over €20.

Beach bar
Here you can spend a lot of money if you visit some exclusive places

The Cost of Traveling to Greece Depends on Your Starting Point

Logically, if you’re visiting from Europe, the price of your trip will be lower, and it will be easier to find a cheap flight. Connecting flights usually go over Athens every day, no matter where your starting point is unless you find a direct one.

A one-way plane ticket from Athens can be found for less than €50 during the mid-season if you book it in advance. If you plan to come on a ferry, you can get a ticket for about €80. Just keep in mind that the ride lasts two and a half hours, and the plane ride usually takes 40 minutes.

How You Plan to Get Around the Island Can Also Impact the Cost of Your Vacation

One of the most pricey options you can rely on, and it’s not the most reliable one, is calling a taxi every time you need to go somewhere around the island. There are not many taxi vehicles on the island, so it’s hard to find an available one, plus it will usually cost you over €10 for a short-distance ride.

Renting a car can be a more economical option for sightseeing and getting around, but catching a bus can also be an excellent way to transport yourself for a few bucks. A bus ride will cost you from €1 to €3.

Plane flying over Mykonos
Choose your travel method wisely, depending on your starting point and the islands you plan to visit

Does Luxury Accommodation Fit Your Budget?

One of the most important things that will impact the overall amount you’ll spend on your trip is the accommodation you’ll book. If you want to avoid staying in an overpriced hotel where a night can get over €2,000, renting a private villa might be the best alternative. If you travel with a group of friends, sharing a villa might be the best way to save some money while having a luxurious vacation. Now you know how expensive Mykonos is, but all we can say is that it is well worth it.