Once you see all those photos of beautiful beaches, nightlife, and celebrities, you will probably start wondering – is Mykonos expensive to visit? Truth be told, this place is known for its pricey beach clubs and celebrities checking in each season, so it’s reasonable that Mykonos 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? 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 season, and the highest prices are in July and August. If you want to avoid crowds and high prices, May and September are the best options for you.
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 for 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?
Mykonos island definitely has some of the best beaches in the world, and the party starts even before the night falls – it’s no wonder how Mykonos became famous. 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 spend thousands of euros on the best beach clubs, so there are always some alternatives.
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’s not much pricier than in other places in Greece. If you’re renting a private Mykonos 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 gyros or souvlaki for lunch or dinner, you won’t have to spend more than €10 per meal per person for this Greek food. At prestige restaurants, especially those in Mykonos town, 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. For an imported beer, the 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 other alcoholic beverages, you’ll need to spend more. It will probably be hard to find a decent cocktail for less than €12, and the good ones can be over €20. Keep in mind that the location where you decide to buy a beverage can drastically affect its price – obviously, drinks will be more expensive in the most popular clubs or beach bars.
You can spend a lot of money in Mykonos if you decide to visit the most 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. A one-way plane ticket from Athens to Mykonos 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 is a taxi – and it’s not the most reliable one. Getting a taxi in Mykonos every time you need to go somewhere around the island can be a bit of an issue because 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, so it’s often not worth it.
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 euros. A bus ride will cost you from €1 to €3. Still, many tourists prefer getting a car rental simply because it gives you more flexibility and allows you to explore the island better. If you’re leaning toward the car rental option, be sure to reach out to The Ace VIP – we offer the most luxurious rental vehicles on this fantastic island.
Choose your travel method wisely, depending on your starting point
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 one of the private villas in Mykonos might be the best alternative.
If you travel with a group of friends, sharing one of the spacious Mykonos villas might be the best way to save some money while having a luxurious vacation. Besides, it will be the most authentic way to experience this island – Mykonos luxury villas are sort of a hallmark of this place. To get the best one out there, be sure to check the listings that The Ace VIP offers – we have the most stunning Mykonos villas for rental. Contact us today and secure your booking!
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