Last update: Oct 2026

Cost of Living Comparison Between Mykonos and Cebu

For one person, living is cheaper in Cebu: $918 a month against $1,461 in Mykonos, rent and utilities included – about $6,500 less a year. Other living expenses account for most of the difference.

71

Cost of Living Index in Mykonos
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Mykonos Living Index
45

Cost of Living Index in Cebu
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Cebu Living Index

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Mykonos

🇬🇷 Greece

$1,461

/mo nomad

Cebu

🇵🇭 Philippines

$918

/mo nomad

Monthly Cost of Living

How much you'll spend in Mykonos and in Cebu

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

Monthly costs for one person with rent: $1,461 in Mykonos versus $918 in Cebu.

Mykonos $1,461
Cebu $918

Estimated couple costs with rent: $2,231 in Mykonos versus $1,409 in Cebu.

Mykonos $2,231
Cebu $1,409

Monthly costs for a family of three with rent: $3,000 in Mykonos versus $1,900 in Cebu.

Mykonos $3,000
Cebu $1,900

Living in Mykonos is roughly 59% more expensive than in Cebu, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Mykonos is 8% above, Cebu is 32% below.

Meal at Budget Restaurant

$12.90 €11.47

$3.09 ₱194

317.48%

Three-Course Dinner for Two, Mid-Range

$55.2 €49.10

$24.22 ₱1,525

127.91%

Fast Food Meal (McDonalds, etc)

$8.15 €7.25

$3.92 ₱247

107.91%

Cappuccino

$3.69 €3.28

$2.51 ₱158

47.01%

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

$2.36 €2.10

$1.59 ₱100

48.43%

Water (0.33 liter bottle)

$0.78 €0.69

$0.53 ₱33.43

47.17%

Local Beer (0.5 liter draught)

$4.79 €4.26

$1.78 ₱112

169.10%

Imported Beer (0.33 liter bottle)

$5.26 €4.68

$2.17 ₱137

142.40%

Milk (1 liter)

$1.71 €1.52

$1.92 ₱121

-10.94%

White Bread (500g)

$1.50 €1.33

$1.36 ₱85.4

10.29%

Rice (white) (1kg)

$1.64 €1.46

$1.01 ₱63.5

62.38%

Eggs

$4.15 €3.69

$2.03 ₱128

104.43%

Local Cheese (1kg)

$15.77 €14.03

$9.86 ₱621

59.94%

Chicken Fillets (1kg)

$10.73 €9.55

$4.39 ₱277

144.42%

Beef Round Steak (1kg)

$15.21 €13.53

$7.60 ₱479

100.13%

Apples (1kg)

$2.21 €1.97

$3.30 ₱208

-33.03%

Banana (1kg)

$2.05 €1.82

$1.39 ₱87.8

47.48%

Oranges (1kg)

$1.37 €1.22

$2.33 ₱147

-41.20%

Tomato (1kg)

$1.76 €1.56

$1.50 ₱94.3

17.33%

Potato (1kg)

$1.22 €1.09

$2.36 ₱149

-48.31%

Onion (1kg)

$1.21 €1.08

$1.90 ₱119

-36.32%

Lettuce (1 head)

$0.89 €0.79

$1.19 ₱74.9

-25.21%

Water (1.5 liter bottle)

$0.77 €0.69

$0.63 ₱39.71

22.22%

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 €4.39

$3.00 ₱189

64.67%

Wine (Bottle)

$7.88 €7.00

$6.03 ₱379

30.68%

Local Beer (0.5 liter bottle)

$2.33 €2.07

$1.23 ₱77.7

89.43%

Imported Beer (0.33 liter bottle)

$2.86 €2.54

$1.75 ₱110

63.43%

One-way Ticket (Public Transport)

$1.32 €1.17

$0.25 ₱15.86

428.00%

Public Transport Monthly Pass (Regular Price)

$50.5 €44.95

$12.64 ₱796

299.76%

Taxi Start (Normal Tariff)

$4.48 €3.99

$0.77 ₱48.62

481.82%

Taxi (Normal Tariff) (1km)

$1.10 €0.98

$0.23 ₱14.53

378.26%

Taxi 1hour Waiting (Normal Tariff)

$11.09 €9.87

$4.46 ₱281

148.65%

Gasoline (1 liter)

$2.27 €2.02

$1.31 ₱82.8

73.28%

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

$27.5K €24.4K

$21.2K ₱1.3M

29.39%

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

$24.5K €21.7K

$19.1K ₱1.2M

27.70%

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

$195 €174

$120 ₱7,569

62.53%

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

$30.85 €27.44

$14.00 ₱882

120.36%

Internet (50+ Mbps, Unlimited Data)

$37.38 €33.25

$27.54 ₱1,734

35.73%

Gym Membership (Monthly)

$50.4 €44.87

$32.33 ₱2,035

56.02%

Tennis Court (1 Hour on Weekend)

$27.90 €24.82

$6.65 ₱419

319.55%

Cinema Ticket

$8.70 €7.74

$5.65 ₱356

53.98%

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

$406 €361

$275 ₱17.3K

47.33%

International Primary School, 1 Child (Yearly)

$3,951 €3,514

$7,918 ₱498.5K

-50.11%

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$49.33 ₱3,106

78.05%

Summer Dress (H&M, Zara, etc)

$42.90 €38.16

$25.24 ₱1,589

69.97%

Sport Shoes (Adidas, Nike)

$84.2 €74.9

$77.0 ₱4,846

9.46%

Men's Leather Business Shoes

$135 €120

$57.2 ₱3,601

136.31%

1-bedroom Apartment, City Center (Monthly)

$483 €430

$500 ₱31.5K

-3.34%

1-bedroom Apartment, Outside City Center (Monthly)

$396 €352

$309 ₱19.4K

28.27%

3-bedroom Apartment, City Center (Monthly)

$648 €576

$1,078 ₱67.9K

-39.90%

3-bedroom Apartment, Outside City Center (Monthly)

$658 €586

$615 ₱38.7K

7.01%

Buy Apartment in City Center (m2)

$2,909 €2,587

$2,886 ₱181.7K

0.79%

Buy Apartment Outside City Center (m2)

$2,298 €2,044

$1,917 ₱120.7K

19.89%

Average Monthly Net Salary (After Tax)

$1,626 €1,447

$346 ₱21.8K

370.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

7.2

-38.33%

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

Last update for Mykonos: October 12, 2026

Last update for Cebu: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Mykonos

$396 27.1%

Cebu

$309 33.6% 22% $87

Groceries & Markets

Mykonos

$292 20%

Cebu

$206 22.4% 29.4% $86

Monthly Utilities & Internet

Mykonos

$264 18%

Cebu

$162 17.6% 38.6% $102

Eating Out

Mykonos

$219 15%

Cebu

$88 9.6% 59.7% $131

Clothing & Footwear

Mykonos

$158 10.8%

Cebu

$94 10.2% 40.4% $64

Sport & Entertainment

Mykonos

$68 4.6%

Cebu

$44 4.8% 35.7% $24

Getting Around

Mykonos

$66 4.5%

Cebu

$16 1.7% 76.3% $50

Cost Breakdown

A one-bedroom apartment in the center runs $483 in Mykonos and $500 in Cebu. Housing cost is often the main lever when comparing two cities.

Mykonos pays 370% 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 $24.00 in Cebu for a mid-range dinner for two. Groceries echo the gap at $292 vs $206 per month, with Cebu cheaper across the board.

Good to know

🇬🇷 Mykonos

🇵🇭 Cebu

🕒 Local time

22:29 10:29 PM

03:29 3:29 AM

5 h ahead of Mykonos

🌤 Weather

👥 Population

10,704

964,169

💱 Currency

Euro EUR €

Philippine Peso PHP ₱

📈 Exchange rate

1 EUR = 1.12 USD

100 PHP = 1.59 USD

100 PHP = 1.41 EUR

Exchange rates and currency converter

PHP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 17, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Philippine Peso exchange rates as of October 17, 2026: 1 USD = 62.96 PHP (100 PHP = 1.59 USD). 1 EUR = 70.79 PHP (100 PHP = 1.41 EUR).

USD to EUR in detail →

On the map

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Between locations

Mykonos Cebu 10,050 km ≈ 13 h nonstop flight

From you

Mykonos
Cebu

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 Cebu: Cost of Living - Frequently Asked Questions

Cebu is cheaper overall, especially in groceries, eating out, and clothing. The 59% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 370% 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: $483 in Mykonos versus $500 in Cebu. 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 $918 in Cebu – a 59% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Cebu runs roughly 300% less than in Mykonos. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $918 in Cebu versus $1,461 in Mykonos, a $1,500 budget is realistic in Cebu but tight or insufficient in Mykonos. The gap between the two cities makes Cebu the clear choice for anyone on this budget.

For families, Cebu is more practical. Housing and childcare are both notably cheaper than in Mykonos, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Mykonos and Cebu 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 Cebu gentler on the wallet – expenses run 59% less than in Mykonos. Beyond cost, consider language, visa policies, and how big the international community is in each city.