What makes Mykonos expensive?

Why Is Mykonos Expensive? This beautiful island has some of the best beaches, and the party starts even before the night falls, so it quickly became very popular. However, the reason why it is so pricey is that simply there are not many budget-friendly offerings.



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Mostly famous for its bustling party scene, nightlife, and LGBTQ+ welcoming ambiance, Mykonos is a must-visit Greek island.

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Located between Ornos and Platis Gialos is Psarou Beach, one of the most expensive and exclusive beaches in Mykonos, where you can enjoy fine dining and yacht sightings.

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Santa Marina, A Luxury Collection Resort, Mykonos is the epitome of luxe-living, attracting a host of celebrity guests year after year. The resort's luxurious accommodations, including private villas and suites, offer an unparalleled level of comfort and elegance, with their elegant design and quality amenities.

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Business Insider connects Paros' rise in preference among affluent visitors with hotels like Cosme, Parilio, and Avant Mar (with the stamp of Nobu), which are transforming an island that was merely an intermediate stop for ships from Athens to other destinations in the past.

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Travel in the shoulder season By shoulder season, we mean the months either side of July and August. During these peak months, hotel prices skyrocket and so does the cost of a cocktail – avoid if you want to keep spending down. Instead, aim for May, June, September, or October.

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September, October, March, April, and May are the cheapest months to go to Mykonos.

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Santorini is best known as a romantic island with one-of-a-kind views, whereas Mykonos is more about sandy beaches and spirited partying. Depending on the vibe you seek, both islands suit holidays à deux. Solo travellers and groups of friends will also find both appealing, though Mykonos offers more in terms of edge.

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While they are the most popular islands in Greece, they are also the most expensive to visit out of all Greek islands combined, which is why locals tend to avoid them. However, there is a slight cost difference between the two, and as it turns out, here is the winner: Mykonos is the more affordable island to visit.

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Mykonos was successful at attracting famous and wealthy young entrepreneurs because the island felt like it had no rules. Tourists wanted to go to paradise, to have a break from their work-dominated routines, and to take advantage of the hippy and bohemian lifestyle.

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Tap water is not drinkable on the island.

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Five days is definitely not too much to spend in this destination. Actually, it is barely enough to explore everything. People who think they don't need more than three days here usually visit while vacationing in Santorini or Naxos island. But they only manage to get a glimpse of the atmosphere.

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Mykonos has a reputation as the most expensive and party island in Greece. But, despite its wild reputation, it is still high on many people's bucket lists because of its fabulous beaches, Mykonian hospitality, endless shopping, delicious cuisine, and incredible photo opportunities.

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When on Mykonos, It's Important to Stick to Some Usual Safety Tips
  • Don't carry large amounts of money with you. ...
  • Avoid wearing expensive jewelry and flashy watches, especially leaving them unattended in some beach bars.
  • Never leave your phone unattended, especially if you use payment apps on your phone.


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The best time to visit Mykonos is September and October. Sitting in the Aegean Sea, this island's weather permits a year-round flow of tourists, but in September and October you'll see that the large crowds have left, the water remains warm and the hotel rates descend back into a reasonable range.

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The ferry crossing from Mykonos to Santorini is approximately 2 hours and 43 minutes on most ferries servicing this route. Mykonos to Santorini ferry duration can range between 1 hour 55 minutes and 2 hours 55 minutes depending on the operator you are sailing with.

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How much money will you need for your trip to Mykonos? You should plan to spend around €149 ($157) per day on your vacation in Mykonos, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, €48 ($50) on meals for one day and €24 ($25) on local transportation.

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The tourist season on Mykonos generally begins around Greek Easter (April) and runs till the end of October. Peak season is mid-July until the end of August and the island attracts visitors of all age groups.

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Mykonos has a mediterranean climate with hot dry summers and mild winters. If you're a sunseeker the best time to visit Mykonos is between June and September. The hottest month of the year is July with an average daily maximum of 29 C and an average low of 23 C.

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Mykonos isn't all gay! I've been coming to the island for twenty years now, and I can honestly say there's a whole other side to this fascinating little jewel in the Aegean which offers far more than most people imagine.

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It is possible of course. Mykonos is beautiful island and you will definitely fall in love to that island. If you are there to relax and enjoy, visit in August/ September, it is less crowded, the weather is still very nice and the sea is warm and calm.

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Look no further! The island of Mykonos, located in the Aegean Sea in Greece, is known for its stunning beaches and crystal clear waters. While many of the beaches on the island require an admission fee, there are still plenty of options for those looking for a free beach experience.

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