Last update: Oct 2026

Cost of Living Comparison Between Mykonos and Thessaloniki

For one person, living is cheaper in Mykonos: $1,461 a month against $1,649 in Thessaloniki, rent and utilities included – about $2,300 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
80

Cost of Living Index in Thessaloniki
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Thessaloniki Living Index

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Mykonos

🇬🇷 Greece

$1,461

/mo nomad

Thessaloniki

🇬🇷 Greece

$1,649

/mo nomad

Monthly Cost of Living

How much you'll spend in Mykonos and in Thessaloniki

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

A single person spends $1,461 per month in Mykonos vs $1,649 in Thessaloniki, rent included.

Mykonos $1,461
Thessaloniki $1,649

A couple spends around $2,231 per month in Mykonos vs $2,537 in Thessaloniki, rent included.

Mykonos $2,231
Thessaloniki $2,537

A family of three spends $3,000 per month in Mykonos vs $3,425 in Thessaloniki, rent included.

Mykonos $3,000
Thessaloniki $3,425

Mykonos is about 11% cheaper than Thessaloniki, and outside of rent the biggest gap is in eating out.

Both Mykonos and Thessaloniki sit above the global median – Mykonos by 8%, Thessaloniki by 22%.

Meal at Budget Restaurant

$12.90 €11.47

$17.01 €15.13

-24.16%

Three-Course Dinner for Two, Mid-Range

$55.2 €49.10

$67.2 €59.8

-17.91%

Fast Food Meal (McDonalds, etc)

$8.15 €7.25

$11.20 €9.96

-27.23%

Cappuccino

$3.69 €3.28

$4.29 €3.82

-13.99%

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

$2.36 €2.10

$2.90 €2.58

-18.62%

Water (0.33 liter bottle)

$0.78 €0.69

$0.76 €0.67

2.63%

Local Beer (0.5 liter draught)

$4.79 €4.26

$5.45 €4.85

-12.11%

Imported Beer (0.33 liter bottle)

$5.26 €4.68

$6.53 €5.81

-19.45%

Milk (1 liter)

$1.71 €1.52

$1.70 €1.51

0.59%

White Bread (500g)

$1.50 €1.33

$1.78 €1.58

-15.73%

Rice (white) (1kg)

$1.64 €1.46

$3.71 €3.30

-55.80%

Eggs

$4.15 €3.69

$5.50 €4.89

-24.55%

Local Cheese (1kg)

$15.77 €14.03

$14.29 €12.71

10.36%

Chicken Fillets (1kg)

$10.73 €9.55

$11.48 €10.21

-6.53%

Beef Round Steak (1kg)

$15.21 €13.53

$18.35 €16.32

-17.11%

Apples (1kg)

$2.21 €1.97

$2.51 €2.23

-11.95%

Banana (1kg)

$2.05 €1.82

$2.25 €2.00

-8.89%

Oranges (1kg)

$1.37 €1.22

$2.12 €1.89

-35.38%

Tomato (1kg)

$1.76 €1.56

$2.79 €2.48

-36.92%

Potato (1kg)

$1.22 €1.09

$1.30 €1.15

-6.15%

Onion (1kg)

$1.21 €1.08

$1.22 €1.09

-0.82%

Lettuce (1 head)

$0.89 €0.79

$1.60 €1.42

-44.38%

Water (1.5 liter bottle)

$0.77 €0.69

$0.94 €0.84

-18.09%

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 €4.39

$5.74 €5.11

-13.94%

Wine (Bottle)

$7.88 €7.00

$9.93 €8.83

-20.64%

Local Beer (0.5 liter bottle)

$2.33 €2.07

$2.06 €1.83

13.11%

Imported Beer (0.33 liter bottle)

$2.86 €2.54

$3.14 €2.79

-8.92%

One-way Ticket (Public Transport)

$1.32 €1.17

$0.65 €0.57

103.08%

Public Transport Monthly Pass (Regular Price)

$50.5 €44.95

$18.07 €16.07

179.63%

Taxi Start (Normal Tariff)

$4.48 €3.99

$4.07 €3.62

10.07%

Taxi (Normal Tariff) (1km)

$1.10 €0.98

$1.13 €1.01

-2.65%

Taxi 1hour Waiting (Normal Tariff)

$11.09 €9.87

$16.79 €14.93

-33.95%

Gasoline (1 liter)

$2.27 €2.02

$2.25 €2.00

0.89%

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

$27.5K €24.4K

$28.0K €24.9K

-1.75%

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

$24.5K €21.7K

$31.0K €27.6K

-21.17%

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

$195 €174

$215 €191

-8.96%

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

$30.85 €27.44

$23.24 €20.67

32.75%

Internet (50+ Mbps, Unlimited Data)

$37.38 €33.25

$30.60 €27.22

22.16%

Gym Membership (Monthly)

$50.4 €44.87

$52.1 €46.32

-3.13%

Tennis Court (1 Hour on Weekend)

$27.90 €24.82

$16.27 €14.47

71.48%

Cinema Ticket

$8.70 €7.74

$10.36 €9.22

-16.02%

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

$406 €361

$469 €417

-13.49%

International Primary School, 1 Child (Yearly)

$3,951 €3,514

$9,075 €8,073

-56.47%

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$94.7 €84.2

-7.21%

Summer Dress (H&M, Zara, etc)

$42.90 €38.16

$44.40 €39.50

-3.38%

Sport Shoes (Adidas, Nike)

$84.2 €74.9

$125 €111

-32.55%

Men's Leather Business Shoes

$135 €120

$129 €115

4.60%

1-bedroom Apartment, City Center (Monthly)

$483 €430

$622 €554

-22.41%

1-bedroom Apartment, Outside City Center (Monthly)

$396 €352

$489 €435

-18.95%

3-bedroom Apartment, City Center (Monthly)

$648 €576

$1,081 €962

-40.09%

3-bedroom Apartment, Outside City Center (Monthly)

$658 €586

$838 €745

-21.43%

Buy Apartment in City Center (m2)

$2,909 €2,587

$3,679 €3,273

-20.94%

Buy Apartment Outside City Center (m2)

$2,298 €2,044

$2,799 €2,490

-17.91%

Average Monthly Net Salary (After Tax)

$1,626 €1,447

$1,177 €1,047

38.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

5.34

-16.85%

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

Last update for Mykonos: October 12, 2026

Last update for Thessaloniki: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Mykonos

$396 27.1%

Thessaloniki

$489 29.6% 23.4% $93

Groceries & Markets

Mykonos

$292 20%

Thessaloniki

$336 20.4% 15.2% $44

Monthly Utilities & Internet

Mykonos

$264 18%

Thessaloniki

$268 16.3% 1.8% $4.8

Eating Out

Mykonos

$219 15%

Thessaloniki

$276 16.7% 26.1% $57

Clothing & Footwear

Mykonos

$158 10.8%

Thessaloniki

$177 10.7% 12.3% $19

Sport & Entertainment

Mykonos

$68 4.6%

Thessaloniki

$73 4.4% 7.3% $5

Getting Around

Mykonos

$66 4.5%

Thessaloniki

$30 1.8% 53.8% $35

Cost Breakdown

A central one-bedroom costs $483 in Mykonos versus $622 in Thessaloniki. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 38% higher in Mykonos, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $55.0 in Mykonos versus $67.0 in Thessaloniki. Monthly groceries follow the same trend: $292 vs $336 – making Mykonos the more affordable choice for daily food spending.

Good to know

🇬🇷 Mykonos

🇬🇷 Thessaloniki

🕒 Local time

18:53 6:53 PM

Same time as Mykonos

🌤 Weather

👥 Population

10,704

790,824

💱 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 Thessaloniki: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,461 in Mykonos, $1,649 in Thessaloniki – roughly 13% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,192 per month in Mykonos and $2,474 in Thessaloniki. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mykonos, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 15% more in Thessaloniki, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $55.0 in Mykonos and $67.0 in Thessaloniki. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Mykonos, where all-in costs run around $1,461, than in Thessaloniki at $1,649. In Mykonos it covers expenses comfortably, while in Thessaloniki it requires careful planning or may not stretch far enough.

It depends on your priorities. Thessaloniki has an edge in some lifestyle areas, with costs from $1,461 in Mykonos to $1,649 in Thessaloniki. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Mykonos. If higher salaries, better infrastructure, or specific career opportunities are the priority, Thessaloniki makes more sense. Both are solid long-term options with distinct trade-offs.