Budget · Mykonos · Greece
Mykonos on a budget
What a trip to Mykonos really costs, and where the savings are.
Updated By the AMZBooking editorial team
Photo: Zde, CC BY-SA 4.0
Quick answer
Mykonos is very expensive for most international visitors. Budget roughly $100–$170 per person per day on a tight budget, $250–$450 mid-range and $700–$2,500 for luxury, excluding flights. Hotel prices are usually lowest in November–March.
Key facts
- Budget traveller
- $100–$170 a day
- Mid-range
- $250–$450 a day
- Luxury
- $700–$2,500 a day
- Local currency
- EUR
- Free sights
- 8
Daily budget and trip cost
AMZBooking estimates per person in US dollars, excluding flights, reviewed October 2026. Accommodation is the biggest variable; prices rise in peak months.
| Style | Per day | 3 days | 5 days | 7 days |
|---|---|---|---|---|
| Budget | $100–$170 | $300–$510 | $500–$850 | $700–$1,190 |
| Mid-range | $250–$450 | $750–$1,350 | $1,250–$2,250 | $1,750–$3,150 |
| Luxury | $700–$2,500 | $2,100–$7,500 | $3,500–$12,500 | $4,900–$17,500 |
Typical prices
Approximate prices in Mykonos, October 2026. They change; use them for planning, not as quotes.
| Item | Typical price |
|---|---|
| KTEL bus ride | about €2–€3 |
| Freddo espresso | about €4–€6 |
| Gyros pitta | about €4–€6 |
| Pair of sunbeds at an organised beach | about €30–€100 or more |
| Cocktail in Little Venice | about €15–€25 |
| Taverna dinner | about €35–€70 per person |
Money-saving tips
- Travel in June or September for lower hotel prices than in July and August.
- Use buses and sea taxis instead of taxis and private transfers where possible.
- Free sections of beaches let you skip sunbed fees; bring your own umbrella.
- Eat gyros, bakery pies and inland tavernas to balance expensive dinners.
- Confirm prices for sunbeds, fish and drinks before ordering at beach clubs.
Free things to do
- Little Venice — A row of 18th- and 19th-century captains' houses in the Alefkandra quarter built right on the water, with painted wooden balconies hanging over the sea.
- Kato Mili windmills — A row of whitewashed, thatched windmills stands on a low ridge above Little Venice, built from the 16th century onwards to grind grain using the Aegean's strong winds.
- Panagia Paraportiani — Five chapels built between the 15th and 17th centuries merge into one sculptural white church in the Kastro quarter, on the site of the old castle gate.
- Chora's lanes and Matoyianni street — Chora's narrow, twisting lanes were laid out to confuse pirates and break the wind.
- Armenistis Lighthouse — A late-19th-century stone lighthouse on the island's northwest cape, about 6 km from Chora, looking across the strait to Tinos.
- Ano Mera and Panagia Tourliani Monastery — The inland village of Ano Mera centres on a square of tavernas and the 16th-century Monastery of Panagia Tourliani, with a marble bell tower and an elaborately carved wooden iconostasis.
Where to stay on a budget
$$ · Best for quiet stays, budget and couples
Agios Stefanos
Small beach resort north of the New Port, 3 km from Chora
$$ · Best for quiet stays, budget and food lovers
Ano Mera
The island's inland village, with a monastery and tavernas on a square
Eating well for less
- Kopanisti — Traditional tavernas in Chora and Ano Mera; delicatessens sell it in tubs.
- Louza — Taverna meze platters and local delicatessens.
- Mostra — Tavernas and beach restaurants across the island.
- Gyros and souvlaki — Grill counters in Chora's lanes, open late for the after-bar crowd.
Getting around for less
Mykonos is small, about 15 km end to end, but its beaches are spread around the coast. KTEL buses link Chora with the main beaches, sea taxis run along the south coast, and many visitors hire a car, scooter or ATV. Taxis are limited in high season.
Questions travellers ask
+How much does a trip to Mykonos cost?
About $1,250–$2,250 per person for five days mid-range, excluding flights (estimate), or $500–$850 on a tight budget.
+Is Mykonos expensive?
It is very expensive for international visitors. Travel in June or September for lower hotel prices than in July and August.
+How much money do I need per day in Mykonos?
Roughly $100–$170 on a budget and $250–$450 mid-range (estimates).
+When are hotel prices lowest in Mykonos?
Usually in November–March.