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Cost of Living in Mykonos

How much does it cost to live in Mykonos?

Typical Month (Mid Range)

$3,480 (€3,016)

Updated September 2026 · Sources cited: getgreece.com, esim.holafly.com

Typical Month (Lower End)
$1,297 (€1,124)
Typical Month (Premium)
$4,409 (€3,821)
Day-to-day costHighMore expensive day to day than about 70% of cities

Good to Know

  • Mykonos is extremely seasonal: rental prices, restaurant prices and even grocery availability shift dramatically between the June-September peak and the quieter shoulder/winter months — the housing figures here (from January-dated listings) are far closer to shoulder-season rates than what you'd pay in July or August.
  • There's no well-established digital-nomad coworking scene documented on the island; most remote workers rely on cafes with Wi-Fi in Mykonos Town or Ornos rather than dedicated coworking spaces.
  • Groceries and dining are noticeably pricier than mainland Greece due to island shipping logistics; shopping at the weekly farmers' market (laiki agora) or the early-morning market at the Old Port is the main way locals keep grocery costs down.
  • Numbeo's own data page for Mykonos flags that its figures are based on very few contributors, so treat any aggregator-sourced number here as a rough guide rather than a precise citywide average.
  • There is no confirmed dedicated coworking space actually located on Mykonos — remote workers typically end up working from hotel rooms, villas, or cafés with decent Wi-Fi rather than a formal coworking office.
  • Mykonos has no monthly transit pass of any kind — the KTEL bus network sells single-ride paper tickets only, bought in cash from the driver or at station booths.
  • Costs on Mykonos swing dramatically by season — prices for everything from bars to services spike hard from June to August and many businesses (including whatever workspace or gym options exist) close entirely in winter.
  • Nightlife pricing here is genuinely among the highest in Greece — budget well above what mainland Greek cities cost for drinks and cover charges.

Monthly Totals

Mid-range month
€3,016

Includes 6 estimated components

1 component missing

Lean month
€1,124

Includes 5 estimated components

Comfortable month
€3,821

Includes 7 estimated components

1 component missing

Living Costs

Where nomads live
No large or long-established digital-nomad cluster is documented on Mykonos. The two areas most consistently named in accommodation/relocation guides for remote workers are Mykonos Town (Chora), the main hub with cafes and shops, and Ornos, a beach village a few minutes from the center. Housing figures below reflect these two areas.

Housing (per month)

Mid-range 1-bed
€2,361

Survey / cost-of-living site

Holafly's long-term-stay guide cites a monthly furnished studio at 'Studio Ornos, located 150 metres from the beach' priced for a stay of two people, in Ornos.

Source

Budget studio / 1-bed
€1,050

Off-season or holiday-rate price — not comparable with other cities

Estimated

Midpoint of GetGreece's stated 2026 range for 'modest one-bedroom apartments starting at €900 to €1,200' for long-term residents; this reflects an off-peak/long-lease market rate, not a peak-summer short-stay furnished rate, which would run considerably higher.

Source

Premium apartment
€2,878

Survey / cost-of-living site

Holafly cites 'Anna's Apartments' as offering a furnished studio with free Wi-Fi in Mykonos Town at this monthly rate for two people.

Source

Private room in a shared home
€650

Estimated

No live listings for a private room in a shared home on Mykonos were found; figure is our own estimate (roughly half of the cheapest documented studio rate) since shared-room living is uncommon on an island where the rental stock is overwhelmingly whole studios/apartments/villas.

Groceries

What the basket assumes
One person cooking most meals at home, shopping primarily at standard supermarkets rather than the cheaper weekly farmers' market (laiki agora), which locals say runs 30-50% below supermarket prices.
Groceries for one (month)
€290

Estimated

Midpoint estimate blending GetGreece's stated 'Monthly Groceries (Single Person): €250–€350' range with CityCost's aggregator figure of roughly $310/month for one person on Mykonos.

Source

Sample prices

  • Milk, 1L
    Milk, 1L
    €1.70

    Survey / cost-of-living site

    Hikersbay's aggregated 2026 price list for Mykonos states 'Bottle or carton of milk (1 liter): 2.00 USD (1.70 EUR)'.

    Source

  • Fresh Bread, Loaf
    Fresh Bread, Loaf
    €1.30

    Estimated

    No page directly stating this figure for Mykonos was retrieved; estimated in line with typical Greek supermarket bakery pricing, likely near the low end for a market with an 'island premium' on most goods.

  • Eggs, Dozen
    Eggs, Dozen
    €3.50

    Estimated

    No page directly stating this figure for Mykonos was retrieved; estimated based on general Greek supermarket pricing plus the island transport/logistics premium noted by GetGreece.

Eating out

Cheap meal
€9.00

Estimated

Hikersbay states 'Meal in a cheap restaurant: 14 USD (12 EUR)' for Mykonos, e.g. a taverna lunch or gyro-and-drink type meal for one. [Adjusted 2026-09-18: the source's 12 EUR reduced by 25%; see "adjusted".]

Source

High-end meal
€75

Estimated

A diner review of M-eating, a fine-dining Greek restaurant in Mykonos Town, describes it as 'Very reasonable price for a fine dining restaurant approx €70‐€80'; midpoint used, but it is unclear from the review whether this covers one diner or was split across two, so treated as an estimate rather than a firm sourced price.

Source

Mid-range meal
€19

Estimated

CityCost states 'a mid-range dinner for two is priced at $57.0'; halved here to represent one person, since CityCost's figure covers two diners. [Adjusted 2026-09-18: the source's 24.7 EUR reduced by 25%; see "adjusted".]

Published in USD

Source

Work, Transport & Essentials

Coworking

Day pass
Not available

No dedicated, currently-operating coworking space with public pricing could be confirmed on Mykonos itself. Search results returning 'Mykonos' coworking pricing were actually a room named 'Mykonos' inside an Astoria Coworking location in Queens, New York — not a real Mykonos venue — so that figure was discarded rather than misused.

Monthly hot desk
Not available

Same gap as “Day pass” — no verifiable named coworking operator on the island with published monthly pricing. Remote workers on Mykonos typically work from hotel rooms, villas, or cafés instead.

Transport

How to get there
bus (KTEL Mykonos — the only public transport on the island; no metro/tram/train exists)
What the pass covers
KTEL Mykonos (the island's only public bus operator) sells single-ride paper tickets only — there is no monthly or day pass product.
Single ride
€2.30

Estimated

Midpoint estimate: mykonos-airport.com states an average KTEL ticket price of "between €1.80 and €2.30"; other sources (Greeka, Santorini Secrets) give a wider €1.50–€3.00 range depending on route length. Took the midpoint of the tighter, more specific range.

Source

Monthly pass
Not available

Greeka states plainly for KTEL Mykonos: "Tickets can only be used once per route and no day passes are available." No monthly pass product exists.

Mobile & data

Carrier
Cosmote (typical Greek prepaid carrier; Vodafone Greece and Nova are comparable)
Monthly plan
€20

Estimated

Estimated from general knowledge of Greek prepaid carrier pricing (Cosmote/Vodafone Greece/Nova) for a mid-tier prepaid data SIM; not confirmed via a live carrier page at the time of research.

Data allowance
approx. 20GB (estimated typical tourist/prepaid tier)

Short Stays (per night)

Seasonal pricing
Yes
Why
Mykonos exhibits extreme seasonal pricing swings: accommodation costs differ by 60-80% between winter lows and peak summer (July-August), driven by sustained multi-month European summer holiday season, party tourism, and the island's compressed compressed high-season visitor demand.

Low season

Budget
€90

Kayak reports January at $130/night average; Momondo reports December at $122; Machu Picchu guide reports €40-80 November-February; 2-star category typically lower end of spectrum

Luxury
€350

5-star winter low: Kayak reports $106-615 range; Hotel Insider indicates luxury properties largely closed; Booking.com baseline $839 reduced 50-60% for low season = $335-420; Airbnb top 10% properties sustain higher rates even off-season

Premium
€200

4-star low season: €160-300 shoulder season per Machu Picchu guide suggests lower end for true low season; Kayak reports 4-star from $69-146 in deals; Booking.com baseline $450 reduced ~60% for low season = ~$180

Standard
€130

3-star hotels €60-100 shoulder season per Machu Picchu guide; January reported at $130 average across categories; Machu Picchu reports €100-150 May-June shoulder, suggests €60-100 low season

High season

Budget
€280

2-star hotel average from Momondo (July: $866 average reported, 2-star category: $219 baseline; adjusted upward for peak July demand)

Luxury
€1,100

5-star hotel: Booking.com reports $839-1,013 (weekend peak); Momondo reports 5-star at $526 baseline; Skyscanner reports $649 average; Hotel Insider reports August as peak profitable month for luxury segment; Airbnb top 10% at $734+/night

Premium
€650

4-star hotel: €300-450 shoulder to peak per Machu Picchu guide; Booking.com reports 4-star at $450, Skyscanner reports $500 average; Airbnb top 25% in peak season: $377+/night; blended mid-range estimate

Standard
€450

3-star hotel average: €300-450 peak summer per Machu Picchu budget guide 2026; Booking.com reports 3-star at $320 tonight, 4-star at $450 baseline, scaled for July peak

Low-season months

  • November
  • December
  • January
  • February
  • March

High-season months

  • June
  • July
  • August
  • September
AI-generated estimateData refreshed September 2026

These are the sources cited in this cost of living research for this city. Individual figures may not each trace to one of them.

  1. 1.getgreece.com
  2. 2.esim.holafly.com
  3. 3.citycost.org
  4. 4.hikersbay.com
  5. 5.wanderlog.com
  6. 6.numbeo.com
  7. 7.greeka.com
  8. 8.santorinisecrets.com
  9. 9.mykonos.gr
  10. 10.mykonos-airport.com
  11. 11.cyclades.travel
  12. 12.realjourneytravels.com

Data last updated September 2026 · Verify anything important.