Last update: Oct 2026

Cost of Living Comparison Between Mykonos and Austin, TX

For one person, living is cheaper in Mykonos: $1,461 a month against $2,663 in Austin, TX, rent and utilities included – about $14,400 less a year. Rent and utilities account for most of the difference.

71

Cost of Living Index in Mykonos
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Mykonos Living Index
130

Cost of Living Index in Austin, TX
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Austin, TX Living Index

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Mykonos

🇬🇷 Greece

$1,461

/mo nomad

Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Monthly Cost of Living

How much you'll spend in Mykonos and in Austin, TX

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 Austin, TX actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,461 in Mykonos versus $2,663 in Austin, TX.

Mykonos $1,461
Austin, TX $2,663

Estimated couple costs with rent: $2,231 in Mykonos versus $4,133 in Austin, TX.

Mykonos $2,231
Austin, TX $4,133

Monthly costs for a family of three with rent: $3,000 in Mykonos versus $5,603 in Austin, TX.

Mykonos $3,000
Austin, TX $5,603

Living in Mykonos costs roughly 45% less than in Austin, TX, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Mykonos 8% above, Austin, TX 97% above.

Meal at Budget Restaurant

$12.90 €11.47

$20.77 $20.77

-37.89%

Three-Course Dinner for Two, Mid-Range

$55.2 €49.10

$84.6 $84.6

-34.74%

Fast Food Meal (McDonalds, etc)

$8.15 €7.25

$12.32 $12.32

-33.85%

Cappuccino

$3.69 €3.28

$5.63 $5.63

-34.46%

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

$2.36 €2.10

$3.72 $3.72

-36.56%

Water (0.33 liter bottle)

$0.78 €0.69

$2.50 $2.50

-68.80%

Local Beer (0.5 liter draught)

$4.79 €4.26

$8.05 $8.05

-40.50%

Imported Beer (0.33 liter bottle)

$5.26 €4.68

$9.01 $9.01

-41.62%

Milk (1 liter)

$1.71 €1.52

$1.12 $1.12

52.68%

White Bread (500g)

$1.50 €1.33

$3.75 $3.75

-60.00%

Rice (white) (1kg)

$1.64 €1.46

$3.26 $3.26

-49.69%

Eggs

$4.15 €3.69

$4.17 $4.17

-0.48%

Local Cheese (1kg)

$15.77 €14.03

$12.90 $12.90

22.25%

Chicken Fillets (1kg)

$10.73 €9.55

$14.16 $14.16

-24.22%

Beef Round Steak (1kg)

$15.21 €13.53

$16.22 $16.22

-6.23%

Apples (1kg)

$2.21 €1.97

$4.33 $4.33

-48.96%

Banana (1kg)

$2.05 €1.82

$1.46 $1.46

40.41%

Oranges (1kg)

$1.37 €1.22

$4.51 $4.51

-69.62%

Tomato (1kg)

$1.76 €1.56

$4.34 $4.34

-59.45%

Potato (1kg)

$1.22 €1.09

$2.58 $2.58

-52.71%

Onion (1kg)

$1.21 €1.08

$2.35 $2.35

-48.51%

Lettuce (1 head)

$0.89 €0.79

$1.78 $1.78

-50.00%

Water (1.5 liter bottle)

$0.77 €0.69

$2.22 $2.22

-65.32%

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 €4.39

$9.88 $9.88

-50.00%

Wine (Bottle)

$7.88 €7.00

$15.08 $15.08

-47.75%

Local Beer (0.5 liter bottle)

$2.33 €2.07

$2.92 $2.92

-20.21%

Imported Beer (0.33 liter bottle)

$2.86 €2.54

$3.46 $3.46

-17.34%

One-way Ticket (Public Transport)

$1.32 €1.17

$1.49 $1.49

-11.41%

Public Transport Monthly Pass (Regular Price)

$50.5 €44.95

$41.72 $41.72

21.12%

Taxi Start (Normal Tariff)

$4.48 €3.99

$2.73 $2.73

64.10%

Taxi (Normal Tariff) (1km)

$1.10 €0.98

$1.66 $1.66

-33.73%

Taxi 1hour Waiting (Normal Tariff)

$11.09 €9.87

$35.30 $35.30

-68.58%

Gasoline (1 liter)

$2.27 €2.02

$0.95 $0.95

138.95%

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

$27.5K €24.4K

$36.0K $36.0K

-23.75%

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

$24.5K €21.7K

$27.1K $27.1K

-9.69%

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

$195 €174

$229 $229

-14.66%

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

$30.85 €27.44

$59.4 $59.4

-48.06%

Internet (50+ Mbps, Unlimited Data)

$37.38 €33.25

$69.9 $69.9

-46.53%

Gym Membership (Monthly)

$50.4 €44.87

$57.2 $57.2

-11.88%

Tennis Court (1 Hour on Weekend)

$27.90 €24.82

$16.33 $16.33

70.85%

Cinema Ticket

$8.70 €7.74

$14.28 $14.28

-39.08%

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

$406 €361

$1,506 $1,506

-73.06%

International Primary School, 1 Child (Yearly)

$3,951 €3,514

$21.5K $21.5K

-81.59%

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$52.8 $52.8

66.31%

Summer Dress (H&M, Zara, etc)

$42.90 €38.16

$43.82 $43.82

-2.10%

Sport Shoes (Adidas, Nike)

$84.2 €74.9

$84.8 $84.8

-0.63%

Men's Leather Business Shoes

$135 €120

$103 $103

31.22%

1-bedroom Apartment, City Center (Monthly)

$483 €430

$1,907 $1,907

-74.68%

1-bedroom Apartment, Outside City Center (Monthly)

$396 €352

$1,274 $1,274

-68.91%

3-bedroom Apartment, City Center (Monthly)

$648 €576

$3,664 $3,664

-82.32%

3-bedroom Apartment, Outside City Center (Monthly)

$658 €586

$2,538 $2,538

-74.06%

Buy Apartment in City Center (m2)

$2,909 €2,587

$7,614 $7,614

-61.79%

Buy Apartment Outside City Center (m2)

$2,298 €2,044

$3,157 $3,157

-27.22%

Average Monthly Net Salary (After Tax)

$1,626 €1,447

$5,121 $5,121

-68.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

6.79

-34.61%

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

Last update for Mykonos: October 12, 2026

Last update for Austin, TX: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Mykonos

$396 27.1%

Austin, TX

$1.3K 47.8% 222% $878

Groceries & Markets

Mykonos

$292 20%

Austin, TX

$405 15.2% 38.8% $113

Monthly Utilities & Internet

Mykonos

$264 18%

Austin, TX

$358 13.5% 35.9% $95

Eating Out

Mykonos

$219 15%

Austin, TX

$354 13.3% 61.6% $135

Clothing & Footwear

Mykonos

$158 10.8%

Austin, TX

$128 4.8% 18.8% $30

Sport & Entertainment

Mykonos

$68 4.6%

Austin, TX

$86 3.2% 26.5% $18

Getting Around

Mykonos

$66 4.5%

Austin, TX

$59 2.2% 10.8% $7.1

Cost Breakdown

A one-bedroom apartment in the center runs $483 in Mykonos and $1,907 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 215% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $55.0 in Mykonos vs $85.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $292 vs $405 per month, with Mykonos cheaper across the board.

Good to know

🇬🇷 Mykonos

🇺🇸 Austin, TX

🕒 Local time

18:42 6:42 PM

10:42 10:42 AM

8 h behind Mykonos

🌤 Weather

👥 Population

10,704

974,447

💱 Currency

Euro EUR €

United States Dollar USD $

📈 Exchange rate

1 EUR = 1.12 USD

1 USD = 0.889 EUR

Exchange rates and currency converter

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Between locations

Mykonos Austin, TX 10,440 km ≈ 14 h nonstop flight

From you

Mykonos
Austin, TX

Distances are measured in a straight line. Your location is detected approximately.

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 Austin, TX: Cost of Living - Frequently Asked Questions

Mykonos wins on cost – living expenses run 82% lower than in Austin, TX. Housing and daily spending are where you'll feel the difference most, making Mykonos the obvious pick if budget is a priority.

On paper, salaries run 215% lower in Austin, TX. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $483 in Mykonos versus $1,907 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,461 per month in Mykonos versus $2,663 in Austin, TX – a 82% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Mykonos runs roughly 21% less than in Austin, TX. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,461 in Mykonos versus $2,663 in Austin, TX, a $2,000 budget is realistic in Mykonos but tight or insufficient in Austin, TX. The gap between the two cities makes Mykonos the clear choice for anyone on this budget.

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.

Expats usually find Mykonos gentler on the wallet – expenses run 82% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.