Last update: Oct 2026

Cost of Living Comparison Between Mykonos and Athens

For one person, living is cheaper in Mykonos: $1,446 a month against $1,759 in Athens, rent and utilities included – about $3,800 less a year. Rent and utilities account for most of the difference.

70

Cost of Living Index in Mykonos
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Mykonos Living Index
85

Cost of Living Index in Athens
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Athens Living Index

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Mykonos

🇬🇷 Greece

$1,446

/mo nomad

Athens

🇬🇷 Greece

$1,759

/mo nomad

Monthly Cost of Living

How much you'll spend in Mykonos and in Athens

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Mykonos and in Athens actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,446 in Mykonos versus $1,759 in Athens.

Mykonos $1,446
Athens $1,759

Estimated couple costs with rent: $2,207 in Mykonos versus $2,696 in Athens.

Mykonos $2,207
Athens $2,696

Monthly costs for a family of three with rent: $2,969 in Mykonos versus $3,632 in Athens.

Mykonos $2,969
Athens $3,632

Living in Mykonos costs roughly 18% less than in Athens, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Mykonos 6% above, Athens 29% above.

Meal at Budget Restaurant

$12.69 €11.37

$17.05 €15.28

-25.57%

Three-Course Dinner for Two, Mid-Range

$54.8 €49.11

$65.8 €59.0

-16.75%

Fast Food Meal (McDonalds, etc)

$7.99 €7.16

$10.96 €9.82

-27.10%

Cappuccino

$3.73 €3.34

$4.10 €3.68

-9.02%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.38 €2.13

$2.83 €2.54

-15.90%

Water (0.33 liter bottle)

$0.76 €0.68

$0.59 €0.53

28.81%

Local Beer (0.5 liter draught)

$4.50 €4.03

$5.62 €5.04

-19.93%

Imported Beer (0.33 liter bottle)

$5.23 €4.68

$5.67 €5.08

-7.76%

Milk (1 liter)

$1.80 €1.61

$1.90 €1.70

-5.26%

White Bread (500g)

$1.43 €1.28

$1.46 €1.31

-2.05%

Rice (white) (1kg)

$1.72 €1.54

$2.71 €2.42

-36.53%

Eggs

$4.14 €3.71

$5.04 €4.52

-17.86%

Local Cheese (1kg)

$15.70 €14.07

$15.08 €13.51

4.11%

Chicken Fillets (1kg)

$10.34 €9.27

$10.28 €9.21

0.58%

Beef Round Steak (1kg)

$15.32 €13.73

$19.40 €17.38

-21.03%

Apples (1kg)

$2.16 €1.93

$2.12 €1.90

1.89%

Banana (1kg)

$2.13 €1.91

$1.91 €1.71

11.52%

Oranges (1kg)

$1.40 €1.25

$1.41 €1.26

-0.71%

Tomato (1kg)

$1.69 €1.51

$2.13 €1.91

-20.66%

Potato (1kg)

$1.18 €1.06

$1.04 €0.94

13.46%

Onion (1kg)

$1.17 €1.05

$1.13 €1.01

3.54%

Lettuce (1 head)

$0.95 €0.85

$1.13 €1.01

-15.93%

Water (1.5 liter bottle)

$0.77 €0.69

$0.81 €0.73

-4.94%

Cigarettes 20 Pack (Marlboro, Camel)

$5.15 €4.62

$5.52 €4.94

-6.70%

Wine (Bottle)

$7.91 €7.09

$9.99 €8.95

-20.82%

Local Beer (0.5 liter bottle)

$2.23 €1.99

$2.04 €1.83

9.31%

Imported Beer (0.33 liter bottle)

$2.83 €2.53

$2.28 €2.05

24.12%

One-way Ticket (Public Transport)

$1.36 €1.22

$1.31 €1.18

3.82%

Public Transport Monthly Pass (Regular Price)

$53.6 €48.06

$30.67 €27.48

74.86%

Taxi Start (Normal Tariff)

$4.36 €3.90

$4.37 €3.92

-0.23%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$1.03 €0.92

5.83%

Taxi 1hour Waiting (Normal Tariff)

$11.14 €9.98

$17.05 €15.28

-34.66%

Gasoline (1 liter)

$2.19 €1.96

$2.34 €2.10

-6.41%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.5K €24.7K

$28.3K €25.3K

-2.54%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.0K €21.5K

$26.8K €24.0K

-10.25%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$197 €176

$200 €179

-1.67%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$30.57 €27.40

$25.17 €22.56

21.45%

Internet (50+ Mbps, Unlimited Data)

$37.49 €33.60

$29.65 €26.57

26.44%

Gym Membership (Monthly)

$51.8 €46.42

$50.4 €45.20

2.70%

Tennis Court (1 Hour on Weekend)

$21.60 €19.36

$25.94 €23.24

-16.73%

Cinema Ticket

$9.01 €8.07

$10.52 €9.43

-14.35%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$412 €369

$576 €516

-28.52%

International Primary School, 1 Child (Yearly)

$3,953 €3,542

$12.9K €11.6K

-69.43%

Jeans (Levis 501 Or Similar)

$88.6 €79.4

$89.7 €80.4

-1.17%

Summer Dress (H&M, Zara, etc)

$42.89 €38.43

$39.57 €35.46

8.39%

Sport Shoes (Adidas, Nike)

$82.4 €73.8

$105 €94.5

-21.85%

Men's Leather Business Shoes

$137 €122

$124 €111

10.27%

1-bedroom Apartment, City Center (Monthly)

$486 €436

$740 €663

-34.32%

1-bedroom Apartment, Outside City Center (Monthly)

$379 €340

$643 €576

-41.01%

3-bedroom Apartment, City Center (Monthly)

$824 €739

$1,305 €1,169

-36.84%

3-bedroom Apartment, Outside City Center (Monthly)

$635 €569

$1,121 €1,004

-43.37%

Buy Apartment in City Center (m2)

$2,713 €2,431

$4,011 €3,595

-32.36%

Buy Apartment Outside City Center (m2)

$1,823 €1,634

$3,284 €2,943

-44.48%

Average Monthly Net Salary (After Tax)

$1,600 €1,433

$1,224 €1,097

30.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

4.48

-0.89%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Mykonos: October 27, 2026

Last update for Athens: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Mykonos

$379 26.2%

Athens

$643 36.5% 69.5% $264

Groceries & Markets

Mykonos

$290 20%

Athens

$312 17.7% 7.7% $22

Monthly Utilities & Internet

Mykonos

$265 18.3%

Athens

$255 14.5% 3.7% $9.9

Eating Out

Mykonos

$216 14.9%

Athens

$272 15.4% 25.9% $56

Clothing & Footwear

Mykonos

$158 10.9%

Athens

$161 9.2% 2.3% $3.6

Sport & Entertainment

Mykonos

$70 4.8%

Athens

$71 4.1% 2.4% $1.7

Getting Around

Mykonos

$69 4.8%

Athens

$45 2.6% 34% $23

Cost Breakdown

A one-bedroom apartment in the center runs $486 in Mykonos and $740 in Athens. Housing cost is often the main lever when comparing two cities.

Mykonos pays 31% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $55 in Mykonos vs $66 in Athens for a mid-range dinner for two. Groceries echo the gap at $290 vs $312 per month, with Mykonos cheaper across the board.

Good to know

🇬🇷 Mykonos

🇬🇷 Athens

🕒 Local time

12:40 12:40 PM

Same time as Mykonos

🌤 Weather

👥 Population

10,704

3,090,508 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Mykonos vs Athens: Cost of Living - Frequently Asked Questions

Mykonos wins on cost – living expenses run 18% lower than in Athens. Housing and daily spending are where you’ll feel the difference most, making Mykonos the obvious pick if budget is a priority.

Average pay runs 31% higher in Mykonos, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $486 in Mykonos versus $740 in Athens. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Mykonos – a meal for two runs $55 versus $66 in Athens. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $1,446 per month in Mykonos versus $1,759 in Athens – Mykonos is about 18% cheaper, which adds up to real savings over time.

Either city works on $2,000 a month, though Mykonos gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.