Cost of Living Comparison Between Mykonos and Volos Cost of Living Comparison Between Mykonos and Volos

Monthly Cost of Living

A single person spends $1,529 per month in Mykonos vs $1,580 in Volos, rent included.

A couple spends around $2,324 per month in Mykonos vs $2,366 in Volos, rent included.

A family of three spends $3,118 per month in Mykonos vs $3,151 in Volos, rent included.

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

Both Mykonos and Volos sit above the global median – Mykonos by 14%, Volos by 18%.

Meal at Budget Restaurant

$14.10 €12.13

$23.57 €20.27

-40.18%

Three-Course Dinner for Two, Mid-Range

$58.4 €50.3

$46.55 €40.04

25.52%

Fast Food Meal (McDonalds, etc)

$8.45 €7.27

$8.74 €7.52

-3.32%

Cappuccino

$4.03 €3.47

$4.09 €3.51

-1.47%

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

$2.22 €1.91

$2.42 €2.08

-8.26%

Water (0.33 liter bottle)

$0.56 €0.48

$0.57 €0.49

-1.75%

Local Beer (0.5 liter draught)

$5.92 €5.09

$5.64 €4.86

4.96%

Imported Beer (0.33 liter bottle)

$5.53 €4.76

$5.70 €4.91

-2.98%

Milk (1 liter)

$1.90 €1.63

$1.68 €1.44

13.10%

White Bread (500g)

$1.50 €1.29

$1.57 €1.35

-4.46%

Rice (white) (1kg)

$1.72 €1.48

$2.89 €2.48

-40.48%

Eggs

$5.72 €4.92

$4.33 €3.72

32.10%

Local Cheese (1kg)

$16.81 €14.46

$14.24 €12.25

18.05%

Chicken Fillets (1kg)

$11.34 €9.75

$10.97 €9.43

3.37%

Beef Round Steak (1kg)

$14.68 €12.62

$15.58 €13.40

-5.78%

Apples (1kg)

$2.28 €1.96

$2.43 €2.09

-6.17%

Banana (1kg)

$2.19 €1.88

$2.09 €1.80

4.78%

Oranges (1kg)

$1.45 €1.24

$1.71 €1.47

-15.20%

Tomato (1kg)

$1.79 €1.54

$2.17 €1.87

-17.51%

Potato (1kg)

$1.30 €1.12

$0.96 €0.83

35.42%

Onion (1kg)

$1.53 €1.31

$1.06 €0.91

44.34%

Lettuce (1 head)

$0.90 €0.77

$0.88 €0.76

2.27%

Water (1.5 liter bottle)

$0.67 €0.57

$0.97 €0.84

-30.93%

Cigarettes 20 Pack (Marlboro, Camel)

$5.29 €4.55

$5.55 €4.78

-4.68%

Wine (Bottle)

$8.36 €7.19

$9.32 €8.02

-10.30%

Local Beer (0.5 liter bottle)

$2.08 €1.79

$2.60 €2.24

-20.00%

Imported Beer (0.33 liter bottle)

$3.31 €2.85

$3.15 €2.71

5.08%

One-way Ticket (Public Transport)

$2.04 €1.75

$1.54 €1.32

32.47%

Public Transport Monthly Pass (Regular Price)

$46.66 €40.13

$60.3 €51.9

-22.62%

Taxi Start (Normal Tariff)

$4.65 €4.00

$4.10 €3.53

13.41%

Taxi 1hour Waiting (Normal Tariff)

$11.69 €10.06

$19.93 €17.15

-41.34%

Gasoline (1 liter)

$2.18 €1.88

$2.15 €1.85

1.40%

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

$34.9K €30.0K

$30.9K €26.6K

12.80%

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

$25.6K €22.0K

$25.1K €21.6K

2.04%

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

$219 €188

$235 €202

-6.80%

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

$22.78 €19.60

$24.30 €20.90

-6.26%

Internet (50+ Mbps, Unlimited Data)

$36.87 €31.72

$35.60 €30.63

3.57%

Gym Membership (Monthly)

$58.7 €50.5

$60.9 €52.4

-3.56%

Tennis Court (1 Hour on Weekend)

$26.56 €22.85

$48.38 €41.62

-45.10%

Cinema Ticket

$9.34 €8.03

$9.45 €8.13

-1.16%

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

$419 €360

$277 €238

51.32%

International Primary School, 1 Child (Yearly)

$4,198 €3,611

$6,018 €5,177

-30.25%

Jeans (Levis 501 Or Similar)

$100.0 €86.0

$116 €100

-14.15%

Summer Dress (H&M, Zara, etc)

$46.97 €40.41

$53.6 €46.11

-12.37%

Sport Shoes (Adidas, Nike)

$89.2 €76.7

$82.7 €71.1

7.79%

Men's Leather Business Shoes

$136 €117

$86.3 €74.3

57.74%

1-bedroom Apartment, City Center (Monthly)

$495 €426

$454 €391

8.97%

1-bedroom Apartment, Outside City Center (Monthly)

$377 €324

$369 €317

2.09%

3-bedroom Apartment, City Center (Monthly)

$770 €662

$654 €563

17.69%

3-bedroom Apartment, Outside City Center (Monthly)

$615 €529

$574 €494

7.09%

Buy Apartment in City Center (m2)

$3,119 €2,683

$2,596 €2,233

20.14%

Buy Apartment Outside City Center (m2)

$2,554 €2,197

$1,698 €1,461

50.41%

Average Monthly Net Salary (After Tax)

$1,704 €1,466

$1,048 €902

62.56%

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: May 30, 2026

Last update for Volos: May 31, 2026

Cost Breakdown

A central one-bedroom costs $495 in Mykonos versus $454 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 63% 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 $47.00 in Volos. Groceries tell a different story – $306 in Mykonos vs $306 in Volos – so Mykonos wins on supermarket bills even if dining out costs more.

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: $1,529 in Mykonos, $1,580 in Volos – roughly 3% apart. Volos costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $2,294 per month in Mykonos and $2,370 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.

Interestingly, groceries are about 0% cheaper in Volos – 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 $47.00 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 $1,529, than in Volos at $1,580. 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.