How much does a vacation in Mykonos cost?

Round-trip flights from New York (JFK) to Mykonos (JMK) typically cost between $800 and $1,200 in Economy Class. These flights generally involve at least one layover, often in a major European city like Athens, due to there being no direct flights.

Flight prices can vary significantly depending on the time of year. The best deals are often found from May to July, while prices can rise sharply during peak travel times like April and August. To find lower fares, consider booking flights with a stopover or during off-peak months.

Carriers such as Aegean Airlines often offer competitive fares, especially if you're willing to include a stopover in Athens. Keep in mind that prices can be influenced by several factors, including the booking time and the specific airlines chosen.

The cost of an overnight stay in a 2* to 3* hotel in Mykonos starts at approximately $75. For a 4* hotel, rates begin at around $140 per night. Accommodation choices and prices primarily depend on location, whether you prioritize proximity to the beach, nightlife, or the old town. For luxury 5* hotels or resorts, prices start at $250 per night and can reach up to $1,650 or more. Overall, hotel prices in Mykonos are typically higher than those on the mainland or other islands. To save money, consider visiting outside the high season and opting for less centrally located accommodations.

The prices for some of the most popular activities on Mykonos range between $55 and $100 per person. This budget allows for a wonderful sunset boat trip, a wine tasting or an adventurous off-road jeep safari.

At the same time, a vacation on Mykonos also offers many free or inexpensive activities. For example, a relaxed walk through the old town or a visit to the famous windmills and Little Venice. Water activities such as banana boat rides cost around $28 per person.

If you prefer private or guided tours, you can expect to pay between $135 and $190 per person. For this price you get a guided tour to a secluded beach including food or you can take part in a luxury catamaran cruise.

Car rental prices on Mykonos vary depending on the season and start at around $85 per day during the high season for a small car. Add approximately $2.53 per liter of gasoline. A small car is ideal for navigating the narrower roads on the island.

Renting an off-road vehicle or SUV is a popular choice, as it handles the less well-maintained roads effectively. However, with this option, you can expect to pay upwards of $165 per day.

A rental car is the best option for visiting the island flexibly, especially with multiple people, as there are only about 30 taxis and limited bus connections available.

An average meal in a restaurant costs around $13 to $28 per person. Meanwhile, a 3-course meal can cost as little as $44 per person, with hardly any upper limit. It is cheaper if you opt for Greek fast food.

The prices on Mykonos are significantly more expensive than on the mainland. Even a cappuccino costs around $4.40. Snack bars or food stalls offering pita, gyros, and fries are significantly cheaper than restaurant meals. For example, a pita gyros costs between $4.40 and $8.80, depending on the location, whether the snack bar is in the middle of the old town or a little further away.

The best way to enjoy an authentic meal is in a traditional Greek taverna. These offer a wonderful selection of worthwhile dishes and drinks. At the same time, the staff and some local guests create a friendly atmosphere.