Cost of Living Comparison Between Mykonos and Thessaloniki Cost of Living Comparison Between Mykonos and Thessaloniki

Monthly Cost of Living

A single person spends $1,514 per month in Mykonos vs $1,554 in Thessaloniki, rent included.

A couple spends around $2,285 per month in Mykonos vs $2,354 in Thessaloniki, rent included.

A family of three spends $3,055 per month in Mykonos vs $3,155 in Thessaloniki, rent included.

Mykonos is about 3% cheaper than Thessaloniki, driven mainly by Eating Out.

Both Mykonos and Thessaloniki sit above the global median – Mykonos by 13%, Thessaloniki by 16%.

Meal at Budget Restaurant

$14.03 €12.26

$17.08 €14.92

-17.86%

Three-Course Dinner for Two, Mid-Range

$57.8 €50.5

$57.3 €50.0

1.03%

Fast Food Meal (McDonalds, etc)

$8.54 €7.46

$10.55 €9.22

-19.05%

Cappuccino

$3.87 €3.38

$4.45 €3.89

-13.03%

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

$2.25 €1.97

$2.38 €2.08

-5.46%

Water (0.33 liter bottle)

$0.56 €0.49

$0.59 €0.52

-5.08%

Local Beer (0.5 liter draught)

$5.73 €5.01

$5.77 €5.04

-0.69%

Imported Beer (0.33 liter bottle)

$5.73 €5.01

$5.87 €5.13

-2.39%

Milk (1 liter)

$1.84 €1.61

$1.46 €1.28

26.03%

White Bread (500g)

$1.47 €1.28

$1.46 €1.28

0.68%

Rice (white) (1kg)

$1.79 €1.56

$2.42 €2.11

-26.03%

Eggs

$5.80 €5.07

$4.20 €3.67

38.10%

Local Cheese (1kg)

$16.69 €14.58

$13.47 €11.76

23.90%

Chicken Fillets (1kg)

$11.40 €9.96

$11.06 €9.66

3.07%

Beef Round Steak (1kg)

$14.64 €12.79

$14.86 €12.98

-1.48%

Apples (1kg)

$2.29 €2.00

$2.01 €1.75

13.93%

Banana (1kg)

$2.18 €1.90

$1.86 €1.62

17.20%

Oranges (1kg)

$1.49 €1.30

$1.68 €1.46

-11.31%

Tomato (1kg)

$1.82 €1.59

$2.38 €2.08

-23.53%

Potato (1kg)

$1.33 €1.16

$1.26 €1.10

5.56%

Onion (1kg)

$1.56 €1.36

$1.33 €1.16

17.29%

Lettuce (1 head)

$0.95 €0.83

$1.04 €0.91

-8.65%

Water (1.5 liter bottle)

$0.71 €0.62

$0.82 €0.72

-13.41%

Cigarettes 20 Pack (Marlboro, Camel)

$5.38 €4.70

$5.26 €4.59

2.28%

Wine (Bottle)

$7.25 €6.34

$10.93 €9.55

-33.67%

Local Beer (0.5 liter bottle)

$2.14 €1.87

$2.03 €1.77

5.42%

Imported Beer (0.33 liter bottle)

$3.27 €2.85

$2.82 €2.47

15.96%

One-way Ticket (Public Transport)

$2.12 €1.85

$1.05 €0.92

101.90%

Public Transport Monthly Pass (Regular Price)

$46.11 €40.29

$31.21 €27.27

47.74%

Taxi Start (Normal Tariff)

$4.52 €3.94

$4.70 €4.11

-3.83%

Taxi 1hour Waiting (Normal Tariff)

$11.50 €10.05

$32.11 €28.06

-64.19%

Gasoline (1 liter)

$2.10 €1.84

$2.13 €1.86

-1.41%

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

$35.0K €30.6K

$31.7K €27.7K

10.59%

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

$26.2K €22.9K

$31.4K €27.5K

-16.65%

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

$214 €187

$215 €187

-0.30%

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

$22.66 €19.80

$25.87 €22.60

-12.41%

Internet (50+ Mbps, Unlimited Data)

$36.52 €31.91

$31.15 €27.22

17.24%

Gym Membership (Monthly)

$57.3 €50.1

$43.87 €38.33

30.68%

Tennis Court (1 Hour on Weekend)

$26.08 €22.79

$18.18 €15.89

43.45%

Cinema Ticket

$9.46 €8.26

$9.99 €8.73

-5.31%

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

$418 €365

$423 €370

-1.28%

International Primary School, 1 Child (Yearly)

$4,126 €3,605

$8,336 €7,284

-50.50%

Jeans (Levis 501 Or Similar)

$96.6 €84.4

$83.0 €72.5

16.47%

Summer Dress (H&M, Zara, etc)

$45.41 €39.67

$37.20 €32.50

22.07%

Sport Shoes (Adidas, Nike)

$87.0 €76.0

$91.0 €79.5

-4.45%

Men's Leather Business Shoes

$137 €119

$117 €102

17.27%

1-bedroom Apartment, City Center (Monthly)

$487 €426

$544 €475

-10.43%

1-bedroom Apartment, Outside City Center (Monthly)

$386 €337

$457 €399

-15.54%

3-bedroom Apartment, City Center (Monthly)

$763 €667

$936 €818

-18.46%

3-bedroom Apartment, Outside City Center (Monthly)

$629 €549

$740 €647

-15.08%

Buy Apartment in City Center (m2)

$2,961 €2,587

$3,666 €3,203

-19.24%

Buy Apartment Outside City Center (m2)

$2,103 €1,837

$2,819 €2,463

-25.42%

Average Monthly Net Salary (After Tax)

$1,633 €1,427

$1,156 €1,010

41.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

4.68

-5.13%

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

Last update for Mykonos: July 13, 2026

Last update for Thessaloniki: July 14, 2026

Cost Breakdown

A central one-bedroom costs $487 in Mykonos versus $544 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 41% 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 $58.0 in Mykonos versus $57.0 in Thessaloniki. Monthly groceries follow the same trend: $305 vs $294 – making Thessaloniki the more affordable choice for daily food spending.

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: $1,514 in Mykonos, $1,554 in Thessaloniki – roughly 3% apart. Thessaloniki costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $2,272 per month in Mykonos and $2,330 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.

Interestingly, groceries are about 4% cheaper in Thessaloniki – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $58.0 in Mykonos and $57.0 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 $1,514, than in Thessaloniki at $1,554. 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 $1,514 in Mykonos to $1,554 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.