Last update: Oct 2026

Cost of Living Comparison Between Mykonos and Volos

For one person, living is cheaper in Mykonos: $1,461 a month against $1,537 in Volos, rent and utilities included – about $910 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
74

Cost of Living Index in Volos
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Volos Living Index

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Mykonos

🇬🇷 Greece

$1,461

/mo nomad

Volos

🇬🇷 Greece

$1,537

/mo nomad

Monthly Cost of Living

How much you'll spend in Mykonos and in Volos

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

A single person spends $1,461 per month in Mykonos vs $1,537 in Volos, rent included.

Mykonos $1,461
Volos $1,537

A couple spends around $2,231 per month in Mykonos vs $2,329 in Volos, rent included.

Mykonos $2,231
Volos $2,329

A family of three spends $3,000 per month in Mykonos vs $3,122 in Volos, rent included.

Mykonos $3,000
Volos $3,122

Mykonos is about 5% cheaper than Volos, and outside of rent the biggest gap is in eating out.

Both Mykonos and Volos sit above the global median – Mykonos by 8%, Volos by 14%.

Meal at Budget Restaurant

$12.90 €11.47

$20.15 €17.92

-35.98%

Three-Course Dinner for Two, Mid-Range

$55.2 €49.10

$55.3 €49.17

-0.14%

Fast Food Meal (McDonalds, etc)

$8.15 €7.25

$10.11 €8.99

-19.39%

Cappuccino

$3.69 €3.28

$4.36 €3.88

-15.37%

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

$2.36 €2.10

$2.77 €2.46

-14.80%

Water (0.33 liter bottle)

$0.78 €0.69

$0.64 €0.57

21.88%

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

$5.42 €4.82

-2.95%

Milk (1 liter)

$1.71 €1.52

$1.58 €1.40

8.23%

White Bread (500g)

$1.50 €1.33

$1.47 €1.31

2.04%

Rice (white) (1kg)

$1.64 €1.46

$2.84 €2.52

-42.25%

Eggs

$4.15 €3.69

$4.80 €4.27

-13.54%

Local Cheese (1kg)

$15.77 €14.03

$13.35 €11.88

18.13%

Chicken Fillets (1kg)

$10.73 €9.55

$10.21 €9.08

5.09%

Beef Round Steak (1kg)

$15.21 €13.53

$14.78 €13.15

2.91%

Apples (1kg)

$2.21 €1.97

$2.40 €2.14

-7.92%

Banana (1kg)

$2.05 €1.82

$1.98 €1.76

3.54%

Oranges (1kg)

$1.37 €1.22

$1.70 €1.51

-19.41%

Tomato (1kg)

$1.76 €1.56

$2.04 €1.82

-13.73%

Potato (1kg)

$1.22 €1.09

$0.89 €0.79

37.08%

Onion (1kg)

$1.21 €1.08

$1.01 €0.90

19.80%

Lettuce (1 head)

$0.89 €0.79

$0.86 €0.77

3.49%

Water (1.5 liter bottle)

$0.77 €0.69

$1.09 €0.97

-29.36%

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 €4.39

$5.44 €4.84

-9.19%

Wine (Bottle)

$7.88 €7.00

$8.81 €7.84

-10.56%

Local Beer (0.5 liter bottle)

$2.33 €2.07

$2.14 €1.90

8.88%

Imported Beer (0.33 liter bottle)

$2.86 €2.54

$2.42 €2.15

18.18%

One-way Ticket (Public Transport)

$1.32 €1.17

$1.33 €1.18

-0.75%

Public Transport Monthly Pass (Regular Price)

$50.5 €44.95

$59.4 €52.8

-14.90%

Taxi Start (Normal Tariff)

$4.48 €3.99

$4.07 €3.62

10.07%

Taxi (Normal Tariff) (1km)

$1.10 €0.98

$0.97 €0.87

13.40%

Taxi 1hour Waiting (Normal Tariff)

$11.09 €9.87

$19.36 €17.22

-42.72%

Gasoline (1 liter)

$2.27 €2.02

$2.18 €1.94

4.13%

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

$27.5K €24.4K

$27.9K €24.8K

-1.43%

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

$24.5K €21.7K

$25.2K €22.5K

-3.12%

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

$195 €174

$215 €191

-9.21%

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

$30.85 €27.44

$22.70 €20.19

35.90%

Internet (50+ Mbps, Unlimited Data)

$37.38 €33.25

$29.51 €26.25

26.67%

Gym Membership (Monthly)

$50.4 €44.87

$52.9 €47.03

-4.60%

Tennis Court (1 Hour on Weekend)

$27.90 €24.82

$46.85 €41.67

-40.45%

Cinema Ticket

$8.70 €7.74

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

$406 €361

$276 €246

46.85%

International Primary School, 1 Child (Yearly)

$3,951 €3,514

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$95.2 €84.7

-7.78%

Summer Dress (H&M, Zara, etc)

$42.90 €38.16

$56.5 €50.3

-24.12%

Sport Shoes (Adidas, Nike)

$84.2 €74.9

$84.7 €75.4

-0.59%

Men's Leather Business Shoes

$135 €120

$89.5 €79.6

51.04%

1-bedroom Apartment, City Center (Monthly)

$483 €430

$499 €444

-3.18%

1-bedroom Apartment, Outside City Center (Monthly)

$396 €352

$392 €348

1.12%

3-bedroom Apartment, City Center (Monthly)

$648 €576

$732 €651

-11.56%

3-bedroom Apartment, Outside City Center (Monthly)

$658 €586

$608 €541

8.27%

Buy Apartment in City Center (m2)

$2,909 €2,587

$2,406 €2,140

20.90%

Buy Apartment Outside City Center (m2)

$2,298 €2,044

$1,603 €1,425

43.39%

Average Monthly Net Salary (After Tax)

$1,626 €1,447

$1,008 €897

61.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

4.47

-0.67%

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

Last update for Mykonos: October 12, 2026

Last update for Volos: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Mykonos

$396 27.1%

Volos

$392 25.5% 1.1% $4.4

Groceries & Markets

Mykonos

$292 20%

Volos

$292 19% 0% $0.1

Monthly Utilities & Internet

Mykonos

$264 18%

Volos

$267 17.4% 1.4% $3.8

Eating Out

Mykonos

$219 15%

Volos

$296 19.2% 35% $77

Clothing & Footwear

Mykonos

$158 10.8%

Volos

$147 9.5% 6.9% $11

Sport & Entertainment

Mykonos

$68 4.6%

Volos

$70 4.6% 3.6% $2.4

Getting Around

Mykonos

$66 4.5%

Volos

$74 4.8% 11.9% $7.8

Cost Breakdown

A central one-bedroom costs $483 in Mykonos versus $499 in Volos. 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 61% 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 $55.0 in Volos. Monthly groceries follow the same trend: $292 vs $292 – making Mykonos the more affordable choice for daily food spending.

Good to know

🇬🇷 Mykonos

🇬🇷 Volos

🕒 Local time

18:53 6:53 PM

Same time as Mykonos

🌤 Weather

👥 Population

10,704

82,439

💱 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 Volos: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,461 in Mykonos, $1,537 in Volos – roughly 5% 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 $2,306 in Volos. 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 0% more in Volos, 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 $55.0 in Volos. 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 Volos at $1,537. In Mykonos it covers expenses comfortably, while in Volos it requires careful planning or may not stretch far enough.

Families tend to lean toward Mykonos – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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, Volos makes more sense. Both are solid long-term options with distinct trade-offs.