Last update: Oct 2026

Cost of Living Comparison Between Thessaloniki and Mykonos

For one person, living is cheaper in Mykonos: $1,446 a month against $1,660 in Thessaloniki, rent and utilities included – about $2,600 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Thessaloniki
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Thessaloniki Living Index
70

Cost of Living Index in Mykonos
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Mykonos Living Index

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Thessaloniki

🇬🇷 Greece

$1,660

/mo nomad

Mykonos

🇬🇷 Greece

$1,446

/mo nomad

Monthly Cost of Living

How much you'll spend in Thessaloniki and in Mykonos

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Thessaloniki and in Mykonos actually costs, broken down by who's living it.

A single person spends $1,660 per month in Thessaloniki vs $1,446 in Mykonos, rent included.

Thessaloniki $1,660
Mykonos $1,446

A couple spends around $2,529 per month in Thessaloniki vs $2,207 in Mykonos, rent included.

Thessaloniki $2,529
Mykonos $2,207

A family of three spends $3,398 per month in Thessaloniki vs $2,969 in Mykonos, rent included.

Thessaloniki $3,398
Mykonos $2,969

Thessaloniki costs about 15% more than Mykonos, and outside of rent the biggest gap is in eating out.

Both Thessaloniki and Mykonos sit above the global median – Thessaloniki by 22%, Mykonos by 6%.

Meal at Budget Restaurant

$16.83 €15.02

$12.69 €11.32

32.62%

Three-Course Dinner for Two, Mid-Range

$66.9 €59.7

$54.8 €48.90

22.06%

Fast Food Meal (McDonalds, etc)

$11.04 €9.85

$7.99 €7.13

38.17%

Cappuccino

$4.29 €3.82

$3.73 €3.32

15.01%

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

$2.85 €2.55

$2.38 €2.12

19.75%

Water (0.33 liter bottle)

$0.75 €0.67

$0.76 €0.68

-1.32%

Local Beer (0.5 liter draught)

$5.49 €4.90

$4.50 €4.02

22.00%

Imported Beer (0.33 liter bottle)

$6.53 €5.83

$5.23 €4.66

24.86%

Milk (1 liter)

$1.72 €1.53

$1.80 €1.61

-4.44%

White Bread (500g)

$1.71 €1.53

$1.43 €1.28

19.58%

Rice (white) (1kg)

$3.69 €3.29

$1.72 €1.53

114.53%

Eggs

$5.52 €4.92

$4.14 €3.70

33.33%

Local Cheese (1kg)

$13.99 €12.48

$15.70 €14.01

-10.89%

Chicken Fillets (1kg)

$11.20 €10.00

$10.34 €9.23

8.32%

Beef Round Steak (1kg)

$18.82 €16.79

$15.32 €13.67

22.85%

Apples (1kg)

$2.49 €2.22

$2.16 €1.93

15.28%

Banana (1kg)

$2.14 €1.91

$2.13 €1.90

0.47%

Oranges (1kg)

$2.16 €1.93

$1.40 €1.25

54.29%

Tomato (1kg)

$2.75 €2.45

$1.69 €1.51

62.72%

Potato (1kg)

$1.28 €1.14

$1.18 €1.05

8.47%

Onion (1kg)

$1.23 €1.10

$1.17 €1.04

5.13%

Lettuce (1 head)

$1.53 €1.36

$0.95 €0.84

61.05%

Water (1.5 liter bottle)

$0.89 €0.80

$0.77 €0.69

15.58%

Cigarettes 20 Pack (Marlboro, Camel)

$5.48 €4.89

$5.15 €4.60

6.41%

Wine (Bottle)

$10.00 €8.93

$7.91 €7.06

26.42%

Local Beer (0.5 liter bottle)

$2.08 €1.86

$2.23 €1.99

-6.73%

Imported Beer (0.33 liter bottle)

$3.25 €2.90

$2.83 €2.52

14.84%

One-way Ticket (Public Transport)

$0.66 €0.59

$1.36 €1.21

-51.47%

Public Transport Monthly Pass (Regular Price)

$18.02 €16.08

$53.6 €47.85

-66.40%

Taxi Start (Normal Tariff)

$4.14 €3.69

$4.36 €3.89

-5.05%

Taxi (Normal Tariff) (1km)

$1.10 €0.98

$1.09 €0.97

0.92%

Taxi 1hour Waiting (Normal Tariff)

$16.48 €14.70

$11.14 €9.94

47.94%

Gasoline (1 liter)

$2.38 €2.12

$2.19 €1.95

8.68%

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

$27.9K €24.9K

$27.5K €24.6K

1.18%

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

$27.4K €24.5K

$24.0K €21.4K

14.21%

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

$210 €187

$197 €175

6.84%

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

$23.21 €20.71

$30.57 €27.28

-24.08%

Internet (50+ Mbps, Unlimited Data)

$30.46 €27.18

$37.49 €33.45

-18.75%

Gym Membership (Monthly)

$52.1 €46.50

$51.8 €46.22

0.62%

Tennis Court (1 Hour on Weekend)

$16.26 €14.51

$21.60 €19.28

-24.72%

Cinema Ticket

$10.45 €9.32

$9.01 €8.04

15.98%

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

$481 €429

$412 €368

16.72%

International Primary School, 1 Child (Yearly)

$8,979 €8,011

$3,953 €3,527

127.15%

Jeans (Levis 501 Or Similar)

$97.4 €86.9

$88.6 €79.1

9.85%

Summer Dress (H&M, Zara, etc)

$45.50 €40.59

$42.89 €38.27

6.09%

Sport Shoes (Adidas, Nike)

$124 €110

$82.4 €73.5

50.16%

Men's Leather Business Shoes

$130 €116

$137 €122

-4.84%

1-bedroom Apartment, City Center (Monthly)

$623 €556

$486 €434

28.23%

1-bedroom Apartment, Outside City Center (Monthly)

$507 €452

$379 €338

33.67%

3-bedroom Apartment, City Center (Monthly)

$1,096 €978

$824 €735

33.02%

3-bedroom Apartment, Outside City Center (Monthly)

$823 €734

$635 €566

29.63%

Buy Apartment in City Center (m2)

$3,708 €3,308

$2,713 €2,421

36.66%

Buy Apartment Outside City Center (m2)

$2,866 €2,557

$1,823 €1,627

57.20%

Average Monthly Net Salary (After Tax)

$1,176 €1,049

$1,600 €1,427

-26.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.34

4.44

20.27%

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

Last update for Thessaloniki: October 27, 2026

Last update for Mykonos: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Thessaloniki

$507 30.5%

Mykonos

$379 26.2% 25.2% $128

Groceries & Markets

Thessaloniki

$333 20.1%

Mykonos

$290 20% 13.1% $44

Eating Out

Thessaloniki

$274 16.5%

Mykonos

$216 14.9% 21.3% $58

Monthly Utilities & Internet

Thessaloniki

$264 15.9%

Mykonos

$265 18.3% 0.4% $0.9

Clothing & Footwear

Thessaloniki

$178 10.8%

Mykonos

$158 10.9% 11.6% $21

Sport & Entertainment

Thessaloniki

$73 4.4%

Mykonos

$70 4.8% 4.4% $3.2

Getting Around

Thessaloniki

$30 1.8%

Mykonos

$69 4.8% 127% $39

Cost Breakdown

A central one-bedroom costs $623 in Thessaloniki versus $486 in Mykonos. 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 36% 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 $67 in Thessaloniki versus $55 in Mykonos. Monthly groceries follow the same trend: $333 vs $290 – making Mykonos the more affordable choice for daily food spending.

Good to know

🇬🇷 Thessaloniki

🇬🇷 Mykonos

🕒 Local time

17:13 5:13 PM

Same time as Thessaloniki

🌤 Weather

👥 Population

790,824

10,704

💱 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

Thessaloniki vs Mykonos: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,660 in Thessaloniki, $1,446 in Mykonos – Mykonos comes out roughly 13% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,490 per month in Thessaloniki and $2,168 in Mykonos. 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: a one-bedroom in the center costs $486 there versus $623 in Thessaloniki.

Groceries cost about 15% more in Thessaloniki, though the gap depends on what you buy.

A mid-range dinner for two costs $67 in Thessaloniki and $55 in Mykonos. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$2,000 covers both cities comfortably – all-in costs are $1,660 in Thessaloniki and $1,446 in Mykonos, leaving budget for savings and extras in both cases.

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.