COST Of Living In MYKONOS Greece 2024 [Expat Budget Guide]

Cost Of Living In Mykonos Greece

Cost of living in Mykonos Greece Introduction

Hey Friends! The Cost Of Living In Mykonos Greece makes it possible to Live For $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month. For a strict Budget vs a Luxury Budget.

Welcome to our ultimate guide on the cost of living in Mykonos, Greece! Are you dreaming of living on this picturesque Mediterranean island, but worried about the expenses? Look no further, as we have everything you need to know about living in Mykonos.

Here is the Best Video with in depth information on Living in Greece:

Mykonos, Greece is more than just a party island. It’s also a great place to live, offering a unique blend of affordability, diversity of culture and history, and beauty.

From ancient history to modern amenities, from breathtaking beaches to amazing mountains, this island has something to offer for everyone. And the best part is that the cost of living in Mykonos is much less than you might expect.

In this guide, we’ve combined practical insights, personal experiences, and unique resources to help you make the most of your time in Mykonos. Here’s what you can expect to find:

  • A detailed breakdown of expenses, including tables, Videos, housing, transportation, utilities, gym, food, entertainment, and health insurance
  • Top local Greek websites to find an apartment to rent and Facebook Group communities for expats and digital nomads
  • Information on the best videos about the cost of living in Mykonos Greece
  • Tips and tricks on how to live in Mykonos on a budget
  • Highlights of the outdoor and nature activities available in Mykonos

What sets our guide apart is that we focus on living in Mykonos for more than just a week or two. We’ll show you how to live in Mykonos for a few months and spend way less than you think. Our guide is packed with tables of expenses and practical tips to help you plan your budget and make the most of your time on the island.

Whether you’re a digital nomad, expat, student, retiree, or simply curious about this beautiful island, our guide is designed for anyone considering a move to Mykonos. We understand that moving to a new country can be challenging, but with our guide, you can transition to Mykonos smoothly and comfortably.

With a range of expenses estimated Cost Of Living in Mykonos Greece is between $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month!

Here are 7 reasons why you should consider moving to Mykonos Greece:

  1. Cost of Living In Mykonos Greece: The Average monthly cost of living, including rent, utilities, food, and transportation, ranges from $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month.
  2. Experience the Mediterranean Lifestyle: Mykonos, Greece has an amazing Mediterranean climate with long summers and mild winters.
  3. Natural beauty: Mykonos is renowned for its stunning beaches, turquoise waters, and picturesque villages with white-washed houses and blue-domed churches. The island’s natural beauty is truly breathtaking, and you’ll never tire of exploring its hidden corners and serene spots.
  4. Rich history and culture: Mykonos has a rich history and culture that can be seen in its architecture, museums, and ancient ruins. The island has been inhabited since the 5th millennium BC and was an important center for trade and culture during ancient times.
  5. Vibrant nightlife: Mykonos is famous for its nightlife, with numerous bars and clubs open until dawn. The island’s lively and friendly atmosphere makes it the perfect place to socialize and make new friends.
  6. Affordable cost of living: Compared to major cities like New York City, Mykonos has a significantly lower cost of living. You’ll find that housing, food, and entertainment are all affordable, and you can enjoy a comfortable lifestyle without breaking the bank.
  7. High quality of life: Despite its affordable cost of living, Mykonos offers a high quality of life with excellent healthcare, education, and public services. The island has a low crime rate and is known for being safe and family-friendly.

Table Of Contents

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Cost Of Living in Mykonos Greece Quick Facts Key Takeaways

Cost Of Living In Mykonos Greece Quick facts

Here are some quick facts about the cost of living in Mykonos Greece:

  •  Here’s a breakdown of some key expenses: Total Monthly Living Costs in Mykonos Greece, Is $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month. For all expenses, and if you budget smartly, you can expect to spend $1940 to $3020 per month for all expenses.
  •     Mykonos Greece, is 1.7 times cheaper than New York City, United States.
  •     Living well in Mykonos Greece is possible with a monthly income of around $3510.
  •     The monthly rent, food budget, housing expenses, and transportation options in Mykonos Greece are determined by your budget.
  •     To maintain the same standard of life as $10,000 in New York City, an estimated $6,150 is needed in Mykonos Greece.
  •     On average, the cost of living in Mykonos Greece, is 31.7% cheaper than in New York City, United States.
  •     On average, rent in Mykonos Greece is 31.7% cheaper than in New York City, New York, USA.
  •     The costs of rent in Mykonos Greece range from $820 – $5000 Per month. Depending on your budget.
  •     A budget food and grocery plan in Mykonos Greece will cost around $420 – $1200 per month, depending on location and budget.
  •     An estimated monthly cost for a family of four in Mykonos Greece is $5480.
  •     An estimated monthly cost for a single person in Mykonos Greece is $1,900 – $3,310.
  •     Transportation costs in Mykonos Greece are estimated to be $75 – $300 per month.
  • Expats and digital nomads may spend more, $2700 – $5000 per month, to maintain their living standards in Mykonos Greece. We spent around $2,295.00 to $5,013.00 USD (€2,085.00 – €4,581.00 EUR) Per Month for example.

This Video Is the Best video on how to live in Greece and incredible information it is a must watch!


Our Personal Costs of Living in Mykonos Greece: Table of expenses Breakdown 2024

Living in Mykonos Greece can be an amazing experience, but it’s important to understand the cost of living before you go.

Here’s a detailed breakdown of our monthly cost of living in Mykonos, including rent, utilities, gym, food, transportation, entertainment, and health insurance:

Our Monthly Cost of Living in Mykonos, Greece:

  • Rent and Accommodation: We spent between $794.50 and $1,972.50 USD (€613.50 – €1,695.00 EUR) per month on rent and accommodation. This includes a one-bedroom apartment close to the beach with all utilities included.
  • Utilities: Our monthly utilities cost ranged from $199.50 to $399 USD (€168.00 – €331.50 EUR), which covered electricity, water, and internet. This cost varied depending on the season and usage.
  • Gym: We spent between $58.50 and $118.50 USD (€49.50 – €99.00 EUR) per month on our gym membership. This included access to a fully equipped gym and fitness classes.
  • Food and Groceries: Our monthly food and grocery expenses were between $595.50 and $997.50 USD (€505.50 – €847.50 EUR). This covered our groceries, eating out at local tavernas, and occasional meals at upscale restaurants.
  • Transportation: We spent between $99.00 and $199.50 USD (€91.50 – €169.50 EUR) per month on transportation, which included local buses and occasional taxis.
  • Activities, Leisure, and Entertainment: Our monthly cost for activities, leisure, and entertainment ranged from $199.50 to $399 USD (€168.00 – €331.50 EUR). This included excursions to nearby islands, boat tours, and visits to historical sites.
  • Health Insurance: Our monthly health insurance cost was between $199.50 and $598.50 USD (€168.00 – €507.00 EUR), depending on the level of coverage we chose. This included coverage for emergencies and routine medical care.

Our Total Monthly Cost of Living in Mykonos, Greece:

  • Our total monthly cost of living in Mykonos ranged from $2,295.00 to $5,013.00 USD (€2,085.00 – €4,581.00 EUR) Per Month, depending on our lifestyle and level of comfort. This included all of our expenses, such as rent, utilities, food, transportation, entertainment, and health insurance.

Here is a table of Expenses for what we personally spent in Mykonos Greece:

Our Monthly Cost of Living in Mykonos GreeceCost (USD)Cost (EUR)
Our Monthly Cost of Rent and Accommodation$794.50 – $1972.50€613.50 – €1695.00
Our Monthly Cost of Utilities$199.50 – $399€168.00 – €331.50
Our Gym Cost per month in Mykonos Greece$58.50 – $118.50€49.50 – €99.00
Our Monthly Cost of Food and Groceries$595.50 – $997.50€505.50 – €847.50
Our Monthly Cost of Transportation$99.00 – $199.50€91.50 – €169.50
Our Monthly Cost of Activities, Leisure, Entertain$199.50 – $399€168.00 – €331.50
Our Monthly Cost of Health Insurance$199.50 – $598.50€168.00 – €507.00
Our Total Monthly Cost of Living in Mykonos Greece$2,295.00 – $5,013.00€2,085.00 – €4,581.00

Monthly Cost of Living in Mykonos Greece Summary Cost Of Rent, Groceries, Transportation, Healthcare: $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month

Monthly Cost Of Living In Mykonos Greece

You can live in Mykonos Greece, for around $2,191 a month for all expenses on a tight budget or $7,068 a month if you want to live much more luxuriously. The Cost of living in Mykonos Greece is from $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month.

You can still maintain a monthly budget and enjoy all the beautiful things Mykonos Greece, offers.

The following is a breakdown of the average cost of living in Mykonos Greece:

Cost of Rent

  • Studio apartment: The average cost of rent for a studio apartment in Mykonos ranges from $832.29 to $1046.46 or €768.59 to €899.28 per month.
  • 1 bedroom apartment: The average cost of rent for a one-bedroom apartment in Mykonos ranges from $1046.46 to $1563.63 or €967.99 to €1447.30 per month.
  • 2 bedroom apartment: The average cost of rent for a two-bedroom apartment in Mykonos ranges from $1563.63 to $2347.39 or €1447.30 to €2167.93 per month.
  • 3 bedroom apartment: The average cost of rent for a three-bedroom apartment in Mykonos ranges from $2347.39 to $3950.09 or €2167.38 to €3645.87 per month.

Cost of Utilities

  • Electricity and water: The average cost of utilities for a household in Mykonos ranges from $164.05 to $215.54 or €133.92 to €179.29 per month.

Cost of Communication

  • Mobile phone: The average cost of a mobile phone plan with unlimited data and a sim card in Mykonos ranges from $19.63 to $49.11 or €17.65 to €40.85 per month.
  • Internet: The average cost of wifi in Mykonos ranges from $49.11 to $88.31 or €41.27 to €56.00 per month.

Cost of Food

  • Groceries, dining out, partying, and nightlife: The average cost of food in Mykonos ranges from $412.47 to $838.82 or €341.52 to €707.10 per month.

Cost of Transportation in Mykonos, Greece

  • Public transport, taxi, scooter, ATV, Ferries: The average cost of transportation in Mykonos ranges from $58.92 to $235.22 or €49.94 to €196.86 per month.

Cost of Healthy Activities in Mykonos, Greece

  • Gym: The average cost of healthy activities in Mykonos ranges from $51.57 to $103.14 or €44.28 to €88.39 per month.

Cost of Health Insurance in Mykonos, Greece

  • SafetyWing, World Nomads, or Medicare: The average cost of health insurance in Mykonos ranges from $88.31 to $218.74 or €74.47 to €147.31 per month.

Total Monthly Cost of Living in Mykonos, Greece:

  • The total monthly cost of living in Mykonos ranges from $2,191.11 to $7,068.19 or €1,957.18 to €6,318.36, depending on the type of accommodation and lifestyle.

The costs of living in Mykonos Greece Depending on various factors and spending habits, the price may change. Others spend $5,050 or more each month for an extravagant, next-level lifestyle or even $1400 on the strictest budget staying in hostels, couchsurfing, and smaller studio apartments, ensuring they make it work no matter what!

  • Expect to spend The Cost Of Living In Mykonos Greece makes it possible to Live For $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month. for a single person or a family living in Mykonos Greece. $2550 per Month is sufficient to live on.
  •  Local Mykonos Greece markets, Local Food trucks, Local food shops, and supermarkets are the most cost-effective and knowledgeable ways to shop and eat in Mykonos Greece!

Here is a table of expenses for a couple living in Mykonos Greece per month:

Average Cost of Living in Mykonos GreeceCost in USD ($)Cost in EUR (EUR)
Cost of Rent (Studio apartment)$832.29 – $1046.46€768.59 – €899.28
Cost of Rent (1 bedroom apartment)$1046.46 – $1563.63€967.99 – €1447.30
Cost of Rent (2 bedroom apartment)$1563.63 – $2347.39€1447.30 – €2167.93
Cost of Rent (3 bedroom apartment)$2347.39 – $3950.09€2167.38 – €3645.87
Cost of Utilities (electricity, water)$164.05 – $215.54€133.92 – €179.29
Cost of Mobile phone (unlimited data plan, Sim Card)$19.63 – $49.11€17.65 – €40.85
Cost of Internet (wifi)$49.11 – $88.31€41.27 – €56.00
Cost of Food (groceries, dining out, Partying, nightlife)$412.47 – $838.82€341.52 – €707.10
Cost of Transportation (Public transport, Taxi, ATV, Ferries)$58.92 – $235.22€49.94 – €196.86
Cost of Healthy activities (Gym)$51.57 – $103.14€44.28 – €88.39
Cost of Health insurance (SafetyWing, World Nomads, or Medicare)$88.31 – $218.74€74.47 – €147.31
Total Monthly Cost Of Living In Mykonos Greece$2,191.11 – $7,068.19€1,957.18 – €6,318.36

Cost of Living in Mykonos Greece: Table of Expenses in 2024

This table of expenses will help you plan your budget for your move to Mykonos Greece.

The Cost of living table below An extensive poll of Digital Nomads, Expats, travelers, our personal experience living Here, Locals, and Numbeo users were used to put this together.

The Exchange Rate is $1 USD is Currently equal to 0.90 EUR Currency EUR (Euros) This estimate is based on a Strict Budget Vs. A luxury Budget in Mykonos Greece per Month! The Cost Of Living Per Month In Mykonos Greece is $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month or more, depending on your spending habits! Check out the Currency Converter.

Here is the Table of the monthly budget for people living in Mykonos Greece:

Cost of living in Mykonos Greece per person:

Cost of living in Mykonos Greece per personCost in USD ($)Cost in EUR (EUR)
Cost of living for a Single in Mykonos Greece$1822.74 – $2428.59€1530.73 – €2015.33
Cost of living for a Couple in Mykonos Greece$3043.47 – $4479.41€2547.56 – €3690.51
Cost of living for a Family of four In Mykonos Greece$5694.57 – $7702.70€4770.38 – €6369.09

Average Monthly Expenses in Mykonos Greece:

Average Monthly Expenses in Mykonos GreeceCost in USD ($)Cost in EUR (EUR)
Average monthly rent for a studio$810.80 – $1,356.50€677.22 – €1,114.34
Average monthly cost for food and groceries$506.34 – $810.81€423.63 – €672.84
Average monthly cost for dining out$304.62 – $506.34€255.77 – €423.63
Average monthly cost for miscellaneous items$202.80 – $404.63€169.50 – €339.45
Average monthly cost for utilities$202.80 – $404.63€169.50 – €339.45
Average monthly cost for transportation$100.80 – $202.32€85.50 – €169.46
Total average monthly cost of living in Mykonos Greece$1,831.16 – $4,755.34€1,670.52 – €3,928.62

Cost of Living in Mykonos Greece Expenses:

Cost of Living in Mykonos Greece ExpensesCost (Monthly) in USD ($)Cost (Monthly) In EUR (EUR)
Cost of Rent and Accommodation$810.80 – $1356.50€677.22 – €1114.34
Cost of Food and Groceries$371.32 – $594.09€311.40 – €492.07
Cost of Utilities$148.37 – $297.22€124.10 – €249.46
Cost of Public Transportation$73.92 – $148.37€62.70 – €124.72
Cost of Private Transportation$148.37 – $297.22€124.10 – €249.46
Cost of Healthcare$73.92 – $148.37€62.70 – €124.72
Cost of Entertainment$148.37 – $297.22€124.10 – €249.46
Cost of Clothing and Personal Items$73.92 – $148.37€62.70 – €124.72
Cost of Activities and Excursions$148.37 – $297.22€124.10 – €249.46

Cost of Rent In Mykonos Greece In-Depth Summary And Table of Expenses

Cost Of Rent and Accommodation In Mykonos Greece

The cost of accommodation in Mykonos Greece is essential for many expats, retirees, digital nomads, and locals. It can vary depending on the apartment type and location you are looking for.

The cost of studio and one-bedroom apartments in Mykonos Greece:

  • Cost of a Studio Apartment in the City of Mykonos Greece: A studio apartment in the city costs between $1009.14 – $1773.36 per month (€887.58 – €1516.04).
  • Cost of a Studio Apartment Outside the City of Mykonos Greece: A studio apartment outside the city costs between $758.14 – $1265.06 per month (€634.44 – €1136.28).
  • Cost of a 1-Bedroom Apartment in the City of Mykonos Greece: A 1 bedroom apartment in the city costs between $1265.06 – $2223.98 per month (€965.10 – €1894.16).
  • Cost of a 1-Bedroom Apartment Outside the City of Mykonos Greece: A 1 bedroom apartment outside the city costs between $1009.14 – $1773.36 per month (€887.58 – €1516.04).

Cost of a Apartment in Mykonos Greece
LocationAverage Cost per Month (USD)Average Cost per Month (EUR)
Cost of a Studio apartment in the cityCity$1009.14 – $1773.36€887.58 – €1516.04
Cost of a Studio apartment outside the cityOutside City$758.14 – $1265.06€634.44 – €1136.28
Cost of a 1 bedroom in the cityCity$1265.06 – $2223.98€965.10 – €1894.16
Cost of a 1 bedroom outside the cityOutside City$1009.14 – $1773.36€887.58 – €1516.04

The Cost of 2 Bedroom Apartment in Mykonos Greece:

  • Cost of a 2-Bedroom Apartment In the City of Mykonos Greece: A 2 bedroom apartment in the city costs between $2025.56 – $3513.26 per month (€1772.26 – €3053.00).
  • Cost of a 2-Bedroom Apartment Outside the City of Mykonos Greece: A 2 bedroom apartment outside the city costs between $1516.04 – $2528.12 per month (€1276.88 – €2226.40).
Cost of 2 Bedroom Apartment in Mykonos GreeceLocationAverage Cost per Month (USD)Average Cost per Month (EUR)
Cost of a 2 Bedroom Apartment in the cityCity$2025.56 – $3513.26€1772.26 – €3053.00
Cost of a 2 Bedroom Apartment outside the cityOutside City$1516.04 – $2528.12€1276.88 – €2226.40

The Cost of a 3 bedroom apartment in Mykonos Greece:

  • Cost of a 3-Bedroom Apartment In the City Of Mykonos Greece: A 3 bedroom apartment in the city costs between $3034.56 – $4787.50 per month (€2523.84 – €4289.04).
  • Cost of a 3-Bedroom Apartment Outside the City Of Mykonos Greece: A 3 bedroom apartment outside the city costs between $2278.36 – $3807.30 per month (€2028.00 – €3291.44).
Cost of a 3 bedroom apartment in Mykonos GreeceLocationAverage Cost per Month (USD)Average Cost per Month (EUR)
Cost of a 3 Bedroom Apartment in the cityCity$3034.56 – $4787.50€2523.84 – €4289.04
Cost of a 3 Bedroom Apartment outside the cityOutside City$2278.36 – $3807.30€2028.00 – €3291.44

The Cost of a Luxury Apartment in Mykonos Greece per month:

  • The Cost of a Luxury Apartment in Mykonos Greece In the city: A luxury apartment in the city of Mykonos costs between $4783.50 – $10101.00 per month (€4053.36 – €7615.10).
  • The Cost of a Luxury Apartment in Mykonos Greece Outside the city: A luxury apartment outside the city of Mykonos costs between $3804.12 – $7572.76 per month (€3289.10 – €6798.88).
Cost of a Luxury Apartment in Mykonos GreeceLocationAverage Cost per Month (USD)Average Cost per Month (EUR)
Cost of a Luxury apartment in the city of MykonosCity$4783.50 – $10101.00€4053.36 – €7615.10
Cost of a Luxury apartment outside the city of MykonosOutside City$3804.12 – $7572.76€3289.10 – €6798.88

Your best bet is to choose a monthly personal rental via Facebook Marketplace, Real estate in Mykonos Greece rental site Helper, Booking.com, and Airbnb.

  • To save money on your rental and daily expenses, consider looking for an apartment located in a neighborhood with access to local markets, gyms, and restaurants and short walking distances and safe areas.
  • You can also join Facebook groups such as “Digital Nomads in Greece” or “Expats in Greece” and Mykonos Greece rental group on Facebook to connect with others and potentially find affordable rental options.
  • Alternatively, consider staying at a Hostel, Airbnb, hotel monthly, homestay, guesthouse, or bed and breakfast in Mykonos Greece for more affordable rates rather than a costly hotel or tourist location.

Monthly Rent in Mykonos Greece: Table of Expenses in 2024

Here is a table of expenses for the Cost of rent and Accommodation in Mykonos Greece per month:

Cost of Rent in Mykonos GreeceCost per Month (USD)Cost per Month (EUR)
Studio Apartment$810.28 – $1391.36€683.00 – €1175.32
1 Bedroom Apartment$1104.12 – $1847.86€908.00 – €1526.46
2 Bedroom Apartment$1799.90 – $3423.16€1469.74 – €2803.68
3 Bedroom Apartment$2455.92 – $4016.96€2004.94 – €3036.52
Luxury Apartment$3954.72+€3304.44+
Accommodation Type in Mykonos GreeceAverage Monthly Cost in USDAverage Monthly Cost in EUR
1 bedroom apartment in city center$1,152.31 – $1,648.11€940.46 – €1,369.39
1 bedroom apartment outside city center$848.35 – $1,214.72€701.68 – €1,025.10
Studio apartment in city center$925.95 – $1,313.55€754.87 – €1,162.36
Studio apartment outside city center$721.31 – $1,067.23€600.19 – €900.52
Shared room in city center$582.83 – $730.07€450.83 – €613.29
Shared room outside city center$420.70 – $615.62€353.58 – €536.12
Hotel room (3-star)$90.53 – $216.03€74.50 – €187.01
Hotel room (5-star)$207.06 – $567.60€168.47 – €371.38
2 bedroom apartment in city center$1,562.81 – $2,496.02€1,283.31 – €2,508.04
2 bedroom apartment outside city center$896.24 – $1,515.12€727.75 – €1,291.54
3 bedroom apartment in city center$2,314.99 – $3,506.11€1,794.31 – €2,901.10
3 bedroom apartment outside city center$1,493.87 – $2,468.24€1,191.84 – €2,116.67

Here is a table of estimated costs for rent and accommodation in Mykonos Greece:

Housing Accommodation Type in Mykonos GreecePrice Range per day (USD)Price Range per day (EUR)
Hostel$25.01 – $94.66€22.52 – €83.59
Budget Hotel$80- $177.58€75. – €157.63
Mid-range Hotel$187.62 – $380.82€167.56 – €340.25
Luxury Hotel$399.08 – $1057.74€359.82 – €958.59
Vacation Rental$100.02 – $1130.00€90.28 – €1007.18
Guest House$100.02 – $251.37€90.28 – €225.24
Bed & Breakfast$125.31 – $376.31€111.99 – €334.03

Where to Stay in Mykonos: Best Neighborhoods In Mykonos Greece

I have listed the best Neighborhoods to stay in Mykonos, Greece, ultimately the best place to stay in Mykonos is in the local areas north of Mykonos for digital nomads and expats and for people that want to stay for at least a month or more as this area is more relaxed and has a less party atmosphere so you can focus more while still being able to go into the town for activities.

Best Neighborhoods in Mykonos, Greece:

  • Mykonos Town: The main town on the island, with narrow streets, whitewashed buildings, and numerous restaurants and shops. It’s a lively and bustling area with a great nightlife scene, making it ideal for those who want to be in the heart of the action.
  • Ornos: A family-friendly area located on the southwest coast of the island. It features a sheltered beach with calm waters, perfect for swimming and sunbathing. Plenty of watersports activities are available, as well as a good selection of restaurants and bars.
  • Agios Ioannis: A quiet area on the island’s west coast, just a short distance from Mykonos Town. It features a long sandy beach with crystal-clear waters, and offers stunning views of the island of Delos. This area is ideal for those who want a more peaceful and relaxing holiday.
  • Psarou: A small and exclusive area on the island’s south coast, famous for its beautiful beach and luxurious beach clubs. It’s a popular destination for the rich and famous, and is the perfect place for those who want to indulge in a bit of luxury.
  • Platis Gialos: A lively area on the island’s south coast, with a long sandy beach and a good selection of bars and restaurants. It’s a popular destination for families and groups of friends, and offers a great range of watersports activities.
  • Paradise Beach: A popular party destination on the island’s south coast, famous for its all-night beach parties and lively atmosphere. It’s a great place for young people and party animals, and is not recommended for those who are looking for a peaceful and quiet holiday.
  • Elia Beach: A beautiful area on the island’s southeast coast, with a long sandy beach and crystal-clear waters. It’s a quieter and more peaceful area, with a good selection of restaurants and bars.
  • Ftelia: A remote and unspoiled area on the island’s north coast, with a beautiful beach and great windsurfing conditions. It’s a great place for those who want to escape the crowds and enjoy a more natural and peaceful setting.

Table of Neighborhoods in Mykonos:

Best Areas and Neighborhoods in Mykonos GreeceDescription
Mykonos Town (Chora)The capital and main town of Mykonos, known for its picturesque white-washed buildings, narrow streets, and vibrant nightlife.
OrnosA family-friendly beach resort with a calm and relaxing atmosphere, offering plenty of amenities and water activities.
Agios IoannisA quieter and more secluded area with a stunning sandy beach and excellent views of Delos Island.
PsarouA trendy and upscale area with a beautiful sandy beach, popular beach clubs, and luxury hotels.
Ano MeraA quiet area is next to Mykonos’s new port, offering easy access to boats and ferries.
EliaA peaceful and secluded area with a long sandy beach, crystal-clear waters, and breathtaking views.
PanormosA secluded bay with a beautiful beach and a laid-back atmosphere, popular with families and nature lovers.
FteliaA windy and wild beach with a bohemian vibe, popular for windsurfing and kitesurfing.
TourlosA small and quiet beach near Ano Mera village offers a tranquil atmosphere and crystal-clear waters.
Agia SofiaA residential area located just above Mykonos Town, offering stunning views and a peaceful atmosphere.
Kalo LivadiA local area with a long sandy beach and clear waters, popular for water sports and sunbathing.
Ano Mera BeachA small and quiet beach located near the village of Ano Mera, offering a tranquil atmosphere and crystal-clear waters.
Platis GialosA local area with a beautiful sandy beach and a range of water activities, popular with families and couples.

Living in Mykonos Greece Credible Reliable Sources

Here is a list of Government resources for Visas, Cost of living in Mykonos Greece, Facebook Groups, apartment rental sites, Tourism Boards, and more to help you with your potential move here! I hope this helps you all as you plan your move here!


Cost Of Transportation In Mykonos Greece Summary and Table of expenses

Expect to spend from $60 – $300 a month on Transportation, the best way to get around Mykonos is to use the Public Bus, Ferry, ATV quad bike and Scooter, Here’s a breakdown of each transportation option, including costs:

  • Taxi: Although taxis are available in Mykonos, they are few in number and can be very expensive. We recommend using other forms of transportation, such as renting a scooter or ATV, taking the bus, or using ferries to travel between different parts of the island. Cost: $11 – $28 per ride or €10 – €25 per ride.
  • Bus: The public bus system is an affordable way to get around Mykonos, and it covers most of the island. Cost: $2.40 per ride or €2.30 per ride.
  • Car Rental: Rental cars are available at the airport and in town, and they offer the most flexibility and independence for exploring the island. Cost: $40 – $100 per day or €35 – €90 per day.
  • Scooter Rental: Scooters are a popular mode of transportation in Mykonos, as they are great for navigating the narrow streets and alleyways of the island. Cost: $20 – $40 per day or $300 per month or €18 – €35 per day.
  • ATV Rental: All-terrain vehicles (ATVs) are another popular option for getting around Mykonos. They offer more stability and safety than scooters, but are still easy to maneuver. Cost: $35 – $70 per day or €30 – €60 per day.
  • Bicycle Rental: Bicycles can be rented in town, and they are a good option for those who prefer a more active mode of transportation. Cost: $10 – $15 per day or €8 – €13 per day.
  • Ferry: Ferries connect Mykonos to other islands in the Cyclades and mainland Greece, making it easy to explore the surrounding areas. Cost: $3 – $50 per ride or €2 – €45 per ride.
  • Boat Rental: Boats can be rented for day trips or longer excursions to explore the coastline and nearby islands. Cost: $120 – $400 per day or €100 – €350 per day.

Here is a detailed table of estimated costs for public transportation in Mykonos Greece:

Transportation Options in Mykonos GreeceDescriptionCost (USD)Cost (EUR)
TaxiThere aren’t a lot of taxis in Mykonos, and they are very expensive, we recommend riding the bus, renting a scooter or ATV and using ferries to get around different parts of the islands.$11 – $28 per ride€10 – €25 per ride
BusThe public bus system is affordable and covers most of the island.$2.40 per ride€2.30 per ride
Car RentalRental cars are available at the airport or in town, and offer the most flexibility and independence for getting around the island.$40 – $100 per day€35 – €90 per day
Scooter RentalScooters are a popular mode of transportation in Mykonos, and are great for navigating the narrow streets and alleyways of the island.$20 – $40 per day or $300 per month€18 – €35 per day
ATV RentalATVs (all-terrain vehicles) are another popular option for getting around the island. They offer more stability and safety than scooters, but are still easy to maneuver.$35 – $70 per day€30 – €60 per day
Bicycle RentalBicycles can be rented in town and are a good option for those who prefer a more active mode of transportation.$10 – $15 per day€8 – €13 per day
FerryFerries connect Mykonos to other islands in the Cyclades and mainland Greece.$3 – $50 per ride€2 – €45 per ride
Boat RentalBoats can be rented for day trips or longer excursions to explore the coastline and nearby islands.$120 – $400 per day€100 – €350 per day

Additionally, here are some other related expenses:

  • Gasoline (1 gallon): around $4 – $7 per gallon.
Monthly Cost Of Gas and Petrol For Scooter in Mykonos GreeceCost in USDCost In EUR
Average monthly cost for gasoline, Petrol for scooter$25 – $110EUR 20 – 100 EUR

Ultimately, we recommend renting a Scooter, Bus, ATV Quad Bike, and ferry This will give you the best experience, and you can explore Mykonos Greece this way we definitely don’t recommend buying a car it is very unnecessary in Mykonos Greece.

For more information check out the Government Of transportation in Mykonos Greece


Cost of Food and Markets In Mykonos Greece Explained: Table Of Expenses 2024

The cost of food in Mykonos Greece can vary depending on your lifestyle, dining preferences, and dietary restrictions.

Here is a breakdown of the cost of food in Mykonos, Greece, including local food, restaurants, groceries, and specialty food stores:

  • Local food: Expect to spend around $499.59 to $750.02 USD (€416.44 to €623.38 EUR) per month on local food options make sure to eat at the local tavernas.
  • Mid-range restaurants: If you prefer mid-range restaurants, budget for around $833.50 to $1,167.40 USD (€700.47 to €980.36 EUR) per month.
  • Fine dining: For those looking for fine dining experiences, plan to spend around $1,336.61 to $2,000.87 USD (€1,118.34 to €1,673.18 EUR) per month.
  • Groceries: Buying groceries and cooking your own meals can save money, with an average cost of $416.44 to $549.03 USD (€348.52 to €459.66 EUR) per month.
  • Supermarkets: If you need to buy imported goods, budget for around $833.50 to $1,167.40 USD (€700.47 to €980.36 EUR) per month.
  • Street food: Grabbing street food is affordable, with prices ranging from $5.00 to $20.10 USD (€3.33 to €15.87 EUR) per meal.
  • Specialty food stores: If you’re looking for high-end food items, expect to spend around $33.51 to $83.81 USD (€28.12 to €70.33 EUR) per item.

Overall, the cost of food in Mykonos, Greece, ranges from $499.59 to $2,170.36 USD (€482.18 to €1,836.59 EUR) per month, depending on your food preferences and where you choose to eat. ultimately if you are living in Mykonos on a budget you need to eat at the local Tavernas, shop at the wet markets, local supermarkets and maybe focus on exploring the north of Mykonos.

Here is a table of expenses for the Cost of Food in Mykonos Greece per month:

Cost of Food in Mykonos GreeceAverage Monthly Cost (USD)Average Monthly Cost (EUR)
Local food in Mykonos Greece$499.59 – $750.02€416.44 – €623.38
Mid-range restaurants in Mykonos Greece$833.50 – $1,167.40€700.47 – €980.36
Fine dining restaurants in Mykonos Greece$1,336.61 – $2,000.87€1,118.34 – €1,673.18
Groceries in Mykonos Greece$416.44 – $549.03€348.52 – €459.66
Supermarkets (imported goods) in Mykonos Greece$833.50 – $1,167.40€700.47 – €980.36
Street food in Mykonos Greece$5.00 – $20.10 per meal€3.33 – €15.87
Specialty food stores in Mykonos Greece$33.51 – $83.81 per item€28.12 – €70.33
Overall Monthly Cost of Food in Mykonos Greece$499.59 – $2,170.36€482.18 – €1,836.59
Average Monthly Food Costs in Mykonos GreeceCost in USDCost in EUR
Local Food Markets, Street food and Local Supermarkets and cheaper dining options$490.67 – $736.62€408.99 – €612.25
Eating out at Mid-range restaurants and expensive restaurants per month (No Budget)$818.61 – $1964.16€687.98 – €1644.39

Here is an example table of expenses for the average monthly food and grocery costs in Mykonos Greece:

Monthly Food Expenses in Mykonos GreeceCost in USDCost in EUR
Average monthly cost for groceries$447.54 – $622.04€375.47 – €522.26
Average monthly cost for dining out$897.75 – $1256.85€754.11 – €1055.20
Average monthly cost for miscellaneous food items$89.79 – $179.55€74.82 – €150.18
Total average monthly cost for food in Mykonos Greece$447.54 – $2,332.65€411.78 – €1955.07

Here is a table of estimated costs for food and Groceries in supermarkets in Mykonos Greece:

Cost of Food and Groceries in Supermarkets in Mykonos GreeceEstimated Cost (USD)Estimated Cost (EUR)
Milk (1 liter)$1.74 – $2.14€1.43 – €1.74
Bread (500g loaf)$0.91 – $1.48€0.75 – €1.22
Rice (1kg)$1.57 – $3.12€1.28 – €2.35
Chicken (1kg)$4.71 – $7.80€3.85 – €6.42
Apples (1kg)$1.57 – $3.12€1.28 – €2.35
Oranges (1kg)$1.57 – $3.12€1.28 – €2.35
Eggs (1 dozen)$3.12 – $4.71€2.57 – €3.85
Cheese (1kg)$7.82 – $15.69€6.44 – €12.77
Beef (1kg)$10.99 – $23.41€8.89 – €19.11
Potatoes (1kg)$0.79 – $1.57€0.65 – €1.28
Tomatoes (1kg)$1.57 – $3.12€1.28 – €2.35
Onion (1kg)$0.91 – $1.57€0.75 – €1.28
Water (1.5 liter bottle)$0.79 – $1.57€0.65 – €1.28
Soft drink (1.5 liter bottle)$1.57 – $2.35€1.28 – €1.88
Beer (330ml bottle)$1.57 – $3.12€1.28 – €2.35
Wine (mid-range bottle)$7.82 – $15.69€6.44 – €12.77
Fast food meal$9.35 – $12.47€7.54 – €10.14
Restaurant meal (mid-range)$31.22 – $46.80€25.37 – €38.08
Cost of Groceries and Food in Mykonos GreeceCost in USDCost in EUR
Meal, Inexpensive Restaurant$4.25 – $21.38€2.86 – €17.83
Meal for 2, Mid-range Restaurant, Three-course$56.66 – $85.57€48.21 – €71.11
Combo Meal at McDonald’s or Similar$8.52 – $11.34€7.09 – €9.88
Domestic Beer (0.5 liter draught)$5.71 – $8.52€4.28 – €6.74
Imported Beer (0.33 liter bottle)$5.71 – $9.87€4.28 – €8.52
Cappuccino (regular)$4.25 – $5.71€3.55 – €4.93
Coke/Pepsi (0.33 liter bottle)$2.14 – $3.55€1.70 – €2.82
Water (0.33 liter bottle)$0.71 – $1.42€0.56 – €1.12
Milk (regular), (1 liter)$1.42 – $2.14€1.12 – €1.70
Loaf of Fresh White Bread (500g)$1.42 – $2.14€1.12 – €1.70
Rice (white), (1kg)$2.14 – $3.55€1.70 – €2.82
Eggs (regular) (12)$2.86 – $4.25€2.21 – €3.55
Local Cheese (1kg)$13.85 – $20.27€11.02 – €16.04
Chicken Breasts (Boneless, Skinless), (1kg)$11.34 – $13.85€8.97 – €12.06
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$13.85 – $20.27€11.02 – €16.04
Apples (1kg)$2.86 – $4.25€2.21 – €3.55
Banana (1kg)$1.42 – $2.86€1.12 – €2.21
Oranges (1kg)$2.86 – $4.25€2.21 – €3.55
Tomato (1kg)$1.42 – $2.86€1.12 – €2.21
Local Traditional Greek Food In Mykonos, GreeceDescriptionCost (USD) RangeCost (EUR) Range
SouvlakiGrilled meat (usually pork or chicken) served in pita bread with tomato, onion, and tzatziki$5.94 – $11.88€5.06 – €10.12
MoussakaLayers of eggplant and potato with spiced meat filling and béchamel sauce baked in the oven$17.82 – $29.70€15.18 – €25.30
SpanakopitaSpinach and feta cheese pie made with phyllo dough$11.88 – $23.76€10.12 – €20.24
Greek SaladFresh vegetables (tomatoes, cucumbers, onions, peppers, olives, and feta cheese) with olive oil and vinegar dressing$17.82 – $23.76€15.18 – €20.24
SaganakiFried cheese (usually Kefalotyri or Feta)$11.88 – $17.82€10.12 – €15.18
TzatzikiYogurt dip with cucumber, garlic, and olive oil$5.94 – $11.88€5.06 – €10.12
GyroGrilled meat (usually pork or chicken) served in a wrap with tomato, onion, and tzatziki$5.94 – $11.88€5.06 – €10.12
BaklavaLayers of phyllo dough with honey, nuts, and cinnamon filling baked in the oven$5.94 – $11.88€5.06 – €10.12

Cost of Utilities in Mykonos Greece Summary and Table of Expenses 2024

Here is a detailed breakdown of the estimated monthly cost of utilities in Mykonos Greece:

  • Basic electricity/gas in Mykonos Greece: The estimated monthly cost for basic electricity and gas in Mykonos is between $109.43 to $164.15 (€92.70 – €135.83) depending on usage.
  • Water: The estimated monthly cost for water in Mykonos is between $22.01 to $44.08 (€17.06 – €33.08) depending on usage.
  • Internet (Broadband): The estimated monthly cost for broadband internet in Mykonos is between $32.86 to $54.69 (€27.51 – €49.32) depending on the plan.
  • Mobile phone sim card (Prepaid): The estimated monthly cost for a prepaid mobile phone sim card in Mykonos is between $5.48 to $11.04 (€5.48 – €11.04) depending on usage.
  • Mobile phone plan (Postpaid): The estimated monthly cost for a postpaid mobile phone plan in Mykonos is between $22.01 to $44.08 (€17.06 – €38.36) depending on the plan.
  • Mobile phone plan (Unlimited data): The estimated monthly cost for a mobile phone plan with unlimited data in Mykonos is between $32.86 to $54.69 (€27.51 – €49.32) depending on the plan.

Total Cost of Utilities in Mykonos Greece: The total estimated monthly cost for utilities in Mykonos, Greece is between $174.65 to $418.63 (€156.33 – €313.75) depending on usage and plan.

Here is an example table of expenses for the average monthly utilities in Mykonos Greece:

Monthly Cost of Utilities in Mykonos GreeceEstimated Monthly Cost (USD)Estimated Monthly Cost (EUR)
Basic electricity/gas in Mykonos Greece$109.43 – $164.15€92.70 – €135.83
Water$22.01 – $44.08€17.06 – €33.08
Internet (Broadband)$32.86 – $54.69€27.51 – €49.32
Mobile phone sim card (Prepaid)$5.48 – $11.04€5.48 – €11.04
Mobile phone plan (Postpaid)$22.01 – $44.08€17.06 – €38.36
Mobile phone plan (Unlimited data)$32.86 – $54.69€27.51 – €49.32
Total Cost of Utilities in Mykonos Greece$174.65 – $418.63€156.33 – €313.75

Pros and Cons of Living in Mykonos Greece: Is it the Right Choice for You?

Mykonos is a stunning island in Greece that attracts many visitors each year due to its pristine beaches, beautiful architecture, and vibrant nightlife. However, is Mykonos a suitable place to call home? Here are the Advantages, Disadvantages and pros and cons of living in Mykonos, Greece:

Pros of Living in Mykonos Greece:

  • Breathtaking Natural Beauty: Mykonos is renowned for its awe-inspiring natural beauty, from crystal clear waters and golden sandy beaches to breathtaking sunsets and picturesque villages.
  • Mediterranean Climate: Mykonos enjoys a Mediterranean climate, with long, warm summers and mild winters, making it an ideal place to enjoy outdoor activities and explore the island’s stunning landscapes.
  • Relaxed, Laid-Back Lifestyle: Living in Mykonos means enjoying a relaxed, laid-back lifestyle, where you can unwind and take things at a slower pace.
  • Unique Culture and History: Mykonos is steeped in unique culture and history, which is evident in its charming architecture, quaint churches, and archaeological sites.
  • Amazing Adventures Possible: With access to crystal clear waters, pristine beaches, and stunning landscapes, living in Mykonos provides endless opportunities for adventures, such as water sports, hiking, and exploring hidden coves.
  • Strong Community Spirit: Mykonos has a strong community spirit reflected in the island’s friendly and welcoming locals. This makes it easy to integrate and feel at home in Mykonos.
  • Opportunities for Outdoor Activities: Living in Mykonos provides access to many outdoor activities, including hiking, swimming, snorkeling, and water sports. These activities allow residents to enjoy the beautiful natural surroundings while staying fit and healthy.
  • Vibrant Nightlife and Social Scene: Mykonos is famous for its vibrant nightlife and social scene, providing endless entertainment options for residents.

Cons of Living in Mykonos Greece:

  • Limited Job Opportunities: Mykonos has a limited job market, primarily focused on tourism and hospitality. This can make finding employment outside of the tourism industry challenging.
  • High Cost of Living in Certain Areas: The cost of living in Mykonos can be high, particularly in areas with a high concentration of tourists, such as Mykonos Town.
  • Limited Access to Certain Goods and Services: As an island, Mykonos has limited access to certain goods and services, which can be challenging, particularly for those who require specific products or services.
  • Seasonal Fluctuations in Tourism and Employment: Mykonos experiences seasonal fluctuations in tourism and employment, with the high season being between May and September. This can make finding consistent employment difficult during the off-season.
  • Limited Healthcare Facilities: While Mykonos has some medical facilities, they can be limited, particularly for specialized treatments or emergencies.
  • Limited Public Transportation Options: Mykonos has limited public transportation options, which can make getting around the island challenging, particularly for those who don’t have access to a car or scooter.
  • Limited Apartment Rentals: Mykonos has limited apartment rentals available, particularly during peak tourist season. This can make finding suitable housing difficult for those looking to rent.
  • Tourist Crowds in Peak Season: Mykonos can become very crowded during peak tourist season, which can make it challenging to enjoy the island’s natural beauty and attractions.

Pros and Cons of Living in Mykonos Greece Table:

Pros of living in Mykonos GreeceCons of living in Mykonos Greece
Breathtaking natural beauty in MykonosLimited job opportunities
Mediterranean climate with warm, sunny summers and mild wintersHigh cost of living in certain areas
Relaxed, laid-back lifestyle in MykonosLimited access to certain goods and services
Unique culture and history in MykonosSeasonal fluctuations in tourism and employment
Amazing adventures possible in MykonosLimited healthcare facilities
Strong community spirit and sense of communityLimited public transportation options
Opportunities for outdoor activities, such as hiking and water sports in MykonosLimited apartment rentals
Vibrant nightlife and social sceneTourist crowds in peak season

Healthcare Costs in Mykonos Greece

Medical care in Mykonos Greece is sufficient, but you must visit Athens for more important issues.

SafetyWing Insurance is an innovative travel insurance solution designed for travelers, digital nomads, and remote workers. Whether you’re on a gap year, working abroad, or traveling for business, SafetyWing offers a comprehensive coverage plan to keep you protected and secure during your journey.

Here are just a few reasons why you should try SafetyWing Insurance for your next trip:

  1. Global Coverage: SafetyWing insurance covers you anywhere in the world, including countries that many other insurance companies exclude.
  2. Affordable: SafetyWing offers affordable, more cost-effective insurance options than many other travel insurance plans.
  3. Easy to Use: With SafetyWing, you can sign up, manage your policy, and file claims all from the comfort of your phone or computer.
  4. Wide Range of Coverage: SafetyWing offers coverage for a variety of events, including medical emergencies, trip cancellations, lost or stolen property, and more.
  5. 24/7 Support: SafetyWing provides 24/7 support to its customers, so you can get help when you need it, no matter where you are in the world.

We suggest you also have it, especially if you live as an expat and digital nomad in Mykonos Greece. We always use SafetyWing for international travel insurance and medical concerns. They start at $45 a month! It’s incredible and always reliable!


Main FAQS Section About Mykonos Greece:

What is the monthly cost of living in Mykonos Greece?

The cost of living in Mykonos Greece on average, is around The Cost Of Living In Mykonos Greece makes it possible to Live For $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month. This includes rent, food, transportation, and other costs like utilities and phone bills.

What is the Cost Of Living in Mykonos Greece Vs USA?

The Cost Of Living in Mykonos Greece is around 31.7% cheaper than living in New York City, USA, and the average monthly Cost of living in Mykonos Greece is The Cost Of Living In Mykonos Greece makes it possible to Live For $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month. in Mykonos Greece vs $5500 to $10398 per month living in New York City, United States.

What is the Cost of Accommodation in Mykonos Greece?

The Cost of Accommodation in Mykonos Greece costs around $820 to $5,000 per month. from a simple studio to a Luxury 3+ bedroom Condo.

What is the best time of year to visit Mykonos Greece?

The best time to visit Mykonos Greece is during March to October.

How Much does it cost to live in Mykonos Greece?

On average, living in Mykonos Greece costs around The Cost Of Living In Mykonos Greece makes it possible to Live For $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month.

What is the Cost of Utilities in Mykonos Greece?

The Cost of Utilities in Mykonos Greece Cost around $161 to $300 per month, depending on your energy consumption!

What is the Cost of Food in Mykonos Greece vs USA?

The Cost Of Food in Mykonos Greece is 15% cheaper than in New York, United States. Monthly Food Costs in Mykonos Greece is from $420 to $1200 per month for a strict vs luxury budget.

What is the Cost Of Rent in Mykonos Greece VS USA?

The Cost of Rent in Mykonos Greece is 31.7% cheaper Than in New York, United States A 1 bedroom apartment in Mykonos Greece costs $820 to $2000 per month on average, and 1 bedroom Apartment in New York City, United States, Costs over $2903 per month.

What is the Food Expenses In Mykonos Greece?

The Food expenses in Mykonos Greece is from $382 to $1200 per month. Make sure to eat the local Food, local Food markets and supermarkets to save money.

What is the Rental Expenses In Mykonos Greece?

The monthly rent for a 1-bedroom in Mykonos Greece is from $820 to $2000.

What is the Expenses for a Single Person in Mykonos Greece?

The Expenses for a Single Person in Mykonos Greece is from The Cost Of Living In Mykonos Greece makes it possible to Live For $2,191.11 – $7,068.19 (€1,957.18 – €6,318.36) Per Month for all expenses.

What is the average cost of Rent In Mykonos Greece?

The Average cost of rent in Mykonos Greece is around $820 to $3,000 Per Month in Mykonos Greece.

What is the average Cost of Transportation In Mykonos Greece?

The average cost of transportation in Mykonos Greece is about $2 – $30 USD per day or $75 to $300 per month, Depending if you use a Bus, Ferry, and Scooter.

What is the Cost of Mobile Phone SIM and Internet Data In Mykonos Greece?

The Cost of Phone Data and internet from in Mykonos Greece is around $15 to $100 per month.

What is the Cost of Food in Mykonos Greece?

The Cost of Food in Mykonos Greece costs around $380 to $1200 per month; try to eat at the local restaurants and street food for the best and cheapest food to stay on budget!

Is Mykonos Greece a good place to live?

Yes, Mykonos Greece regularly ranks as one of the Safest cities and countries in the world! but of course, you always need to watch what you are doing and keep safety of mind as you would anywhere in the world.

Is it expensive to live in Mykonos Greece?

Yes and No, it can be expensive to Live in Mykonos Greece you can expect to spend $1900 to $3,200 per month if you live on a budget and don’t do tourist things. I recommend renting a studio, eating local food, renting a bicycle or scooter, taking the bus or and shopping at the local markets and local food places. If you do this you will save a lot of money!

What is the average salary in Mykonos Greece?

The average monthly salary in Mykonos Greece is EUR 1,100, which equals approximately USD 1,201.

What is a good salary to live in Mykonos Greece?

A great Salary to live on in Mykonos Greece is around $2500 – $5,000 per month. This will cover all expenses.


Cost Of Living in Mykonos Greece Conclusion and Budget Tips

We hope that you have found this blog post helpful! We went all out and summarized the cost of living in Mykonos Greece and provided a table of expenses, information on rent, accommodation, food costs, videos, Facebook Groups, Tourism Boards and more from our time living there as digital nomads!

More Mykonos Budget Tips:

  1. Be mindful of the high season: During the peak tourist season in the summer months, prices for housing, food, and entertainment can skyrocket. If you’re on a budget, consider visiting in the shoulder season (May-June or September-October) when prices are lower, but the weather is still pleasant.
  2. Use public transportation: Mykonos has a reliable public transportation system, which includes buses and water taxis. Using public transportation is much cheaper than renting a car or taking a taxi everywhere.
  3. Cook at home: Eating out can be expensive in Mykonos, especially during the high season. Consider cooking at home, which can be a fun way to try out local ingredients and save money on food.
  4. Shop at local markets: Mykonos has plenty of local markets, where you can find fresh produce, meats, and seafood at reasonable prices. Shopping at these markets is a great way to save money on groceries.
  5. Eat at the local Greek Tavernas.
  6. Embrace the slower pace of life: Mykonos has a laid-back and relaxed vibe, which is perfect for those who want to slow down and enjoy life. Take advantage of the beautiful beaches, hiking trails, and local culture. Embracing the slower pace of life can help you save money and appreciate the beauty of Mykonos.
  7. Rent an apartment from a local or use the rental websites: Renting an apartment from a local can be more affordable than staying in a hotel or resort. You can use the websites we provided or look on Airbnb to find a studio apartment or an apartment with a kitchen, which can help you save money on eating out. By renting from a local, you can also experience the authentic culture of Mykonos and get insider tips on where to go and what to do. Just be sure to read the reviews and do your research to ensure you’re getting a safe and reliable rental.

By following these tips, you can live comfortably in Mykonos while staying within your budget. Mykonos is a beautiful island that offers a unique lifestyle and experience, and with a little bit of planning and budgeting, you can make the most of your time there.

We will be continually updating this blog post! Also, below are many excellent travel resources that will help you in your Journey around the world and helping you on your journey to Mykonos Greece!

Related Posts About Greece:


Travel Resources and Reliable Sources For Mykonos Greece

  • Booking Flights: To score insane flight deals, search on Google FlightsSkyscanner. Money-saving tips: fly in the middle of the week, on the weekend; fly carry-on only on a budget airline, and take red-eyes or early morning flights.
  • Money Exchanging for Digital Nomads and expats: For exchanging money use Wise Which is the Best Option if you are a digital nomad and Expat. Wise is a cheaper solution to send, spend and receive money internationally rather exchanging money through other platforms like Paypal, Payoneer that cost a lot of money for exchange fees and rates.
  • Travel Insurance: We always have travel insurance monthly for international trips and living abroad. We STRONGLY suggest that you have it as well, just in case other digital nomads live abroad, and we always use SafetyWing for international travel insurance and medical concerns. They start at $42 a month! It’s incredible and always reliable! SafetyWing is perfect for Digital Nomads and long-term travelers!

If you want to keep up with our travels, go ahead and follow us on our travel page on Instagram @onelifepassport! Comment below what else you would like to know/see about our experiences traveling the world! Also, check out our YouTube Channel!

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