Cost of Living Comparison Between Mykonos and Athens Cost of Living Comparison Between Mykonos and Athens

Monthly Cost of Living

Monthly costs for one person with rent: $1,506 in Mykonos versus $1,734 in Athens.

Estimated couple costs with rent: $2,319 in Mykonos versus $2,653 in Athens.

Monthly costs for a family of three with rent: $3,132 in Mykonos versus $3,572 in Athens.

Living in Mykonos costs roughly 13% less than in Athens, driven mainly by Eating Out.

Both cities are pricier than the global median: Mykonos 12% above, Athens 30% above.

Meal at Budget Restaurant

$13.73 €11.76

$17.16 €14.69

-19.99%

Three-Course Dinner for Two, Mid-Range

$56.9 €48.73

$64.1 €54.9

-11.17%

Fast Food Meal (McDonalds, etc)

$8.57 €7.33

$10.25 €8.77

-16.39%

Cappuccino

$4.06 €3.48

$4.36 €3.73

-6.88%

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

$2.29 €1.96

$2.46 €2.11

-6.91%

Water (0.33 liter bottle)

$0.56 €0.48

$0.66 €0.57

-15.15%

Local Beer (0.5 liter draught)

$5.68 €4.87

$5.68 €4.86

Imported Beer (0.33 liter bottle)

$5.58 €4.77

$5.92 €5.07

-5.74%

Milk (1 liter)

$1.89 €1.61

$1.93 €1.65

-2.07%

White Bread (500g)

$1.52 €1.30

$1.36 €1.16

11.76%

Rice (white) (1kg)

$1.75 €1.50

$2.88 €2.47

-39.24%

Eggs

$5.80 €4.96

$4.98 €4.26

16.47%

Local Cheese (1kg)

$16.66 €14.26

$14.82 €12.68

12.42%

Chicken Fillets (1kg)

$11.36 €9.73

$11.27 €9.65

0.80%

Beef Round Steak (1kg)

$14.74 €12.62

$14.90 €12.75

-1.07%

Apples (1kg)

$2.24 €1.92

$2.22 €1.90

0.90%

Banana (1kg)

$2.12 €1.81

$2.09 €1.79

1.44%

Oranges (1kg)

$1.46 €1.25

$1.58 €1.35

-7.59%

Tomato (1kg)

$1.84 €1.58

$2.40 €2.05

-23.33%

Potato (1kg)

$1.28 €1.09

$1.38 €1.18

-7.25%

Onion (1kg)

$1.50 €1.28

$1.17 €1.00

28.21%

Lettuce (1 head)

$0.87 €0.74

$1.24 €1.06

-29.84%

Water (1.5 liter bottle)

$0.72 €0.62

$1.01 €0.87

-28.71%

Cigarettes 20 Pack (Marlboro, Camel)

$5.47 €4.68

$5.68 €4.86

-3.70%

Wine (Bottle)

$8.39 €7.18

$11.12 €9.52

-24.55%

Local Beer (0.5 liter bottle)

$2.16 €1.85

$2.01 €1.72

7.46%

Imported Beer (0.33 liter bottle)

$3.27 €2.80

$2.97 €2.54

10.10%

One-way Ticket (Public Transport)

$2.05 €1.75

$1.38 €1.18

48.55%

Public Transport Monthly Pass (Regular Price)

$46.54 €39.84

$35.05 €30.00

32.78%

Taxi Start (Normal Tariff)

$4.66 €3.99

$4.70 €4.02

-0.85%

Taxi (Normal Tariff) (1km)

$1.12 €0.96

Taxi 1hour Waiting (Normal Tariff)

$11.51 €9.85

$17.34 €14.84

-33.62%

Gasoline (1 liter)

$2.08 €1.78

$2.03 €1.74

2.46%

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

$34.7K €29.7K

$28.6K €24.5K

21.34%

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

$25.9K €22.2K

$29.9K €25.6K

-13.31%

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

$218 €186

$219 €187

-0.54%

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

$23.49 €20.11

$27.33 €23.40

-14.05%

Internet (50+ Mbps, Unlimited Data)

$37.26 €31.89

$34.85 €29.84

6.92%

Gym Membership (Monthly)

$58.6 €50.2

$56.1 €48.02

4.44%

Tennis Court (1 Hour on Weekend)

$25.87 €22.14

$26.08 €22.32

-0.81%

Cinema Ticket

$9.21 €7.89

$10.40 €8.91

-11.44%

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

$420 €360

$559 €478

-24.75%

International Primary School, 1 Child (Yearly)

$4,179 €3,577

$11.3K €9,681

-63.05%

Jeans (Levis 501 Or Similar)

$97.3 €83.2

$92.4 €79.1

5.27%

Summer Dress (H&M, Zara, etc)

$45.93 €39.32

$46.70 €39.98

-1.65%

Sport Shoes (Adidas, Nike)

$89.9 €76.9

$102 €87.4

-11.96%

Men's Leather Business Shoes

$132 €113

$123 €105

7.50%

1-bedroom Apartment, City Center (Monthly)

$487 €417

$650 €557

-25.18%

1-bedroom Apartment, Outside City Center (Monthly)

$389 €333

$567 €485

-31.46%

3-bedroom Apartment, City Center (Monthly)

$789 €675

$1,169 €1,001

-32.55%

3-bedroom Apartment, Outside City Center (Monthly)

$616 €527

$1,025 €878

-39.91%

Buy Apartment in City Center (m2)

$3,311 €2,834

$4,135 €3,539

-19.93%

Buy Apartment Outside City Center (m2)

$2,728 €2,335

$3,458 €2,960

-21.11%

Average Monthly Net Salary (After Tax)

$1,685 €1,442

$1,330 €1,139

26.67%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

4.99

-11.02%

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

Last update for Mykonos: April 25, 2026

Last update for Athens: April 26, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $487 in Mykonos and $650 in Athens. Housing cost is often the main lever when comparing two cities.

Mykonos pays 27% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $57.0 in Mykonos vs $64.0 in Athens for a mid-range dinner for two. Groceries echo the gap at $307 vs $314 per month, with Mykonos cheaper across the board.

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 15% 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.

Mykonos pays 27% more on average, 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: $487 in Mykonos versus $650 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 $57.0 versus $64.0 in Athens. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,506 per month in Mykonos versus $1,734 in Athens – a 15% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,506 in Mykonos versus $1,734 in Athens, a $2,000 budget is realistic in Mykonos but tight or insufficient in Athens. The gap between the two cities makes Mykonos the clear choice for anyone on this budget.

Both work as nomad bases, but Mykonos delivers better value – similar infrastructure at $1,506 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Mykonos hard to pass up.

Safety-wise, Mykonos and Athens are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Mykonos gentler on the wallet – expenses run 15% less than in Athens. Beyond cost, consider language, visa policies, and how big the international community is in each city.