Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
Both cities are about equally easy to travel. Biggest gap: language โ Mykonos 2 vs Venice 3. Closer to 1 is easier. Difficulty ranking โบ
| Item | Mykonos | Venice | Cheaper |
|---|---|---|---|
| Local mealper person | โฌ 15$17.4 | โฌ 18$20.9 | Mykonos โ17% |
| Street food1 item | โฌ 5$5.81 | โฌ 7.3$8.49 | Mykonos โ32% |
| Restaurant dinnerper person | โฌ 35$40.7 | โฌ 38$44.2 | Mykonos โ8% |
| Coffeeone cup | โฌ 4.5$5.23 | โฌ 1.6$1.86 | Venice โ64% |
| Beerone bottle | โฌ 6$6.98 | โฌ 5.5$6.4 | Venice โ8% |
| Cocktail & wineone cup | โฌ 16$18.6 | โฌ 5$5.81 | Venice โ69% |
| Bottled water | โฌ 1$1.16 | โฌ 1.5$1.74 | Mykonos โ33% |
| Convenience store1 snack or drink | โฌ 2$2.33 | โฌ 2$2.33 | similar |
| Taxi5 km in town | โฌ 15$17.4 | โฌ 16$18.6 | Mykonos โ6% |
| Tuk-tuk / moto taxishort hop | โฌ 10$11.6 | โฌ 9.5$11 | similar |
| Transitone ride | โฌ 2$2.33 | โฌ 9.5$11 | Mykonos โ79% |
| Scooter rentalper day | โฌ 30$34.9 | โฌ 15$17.4 | Venice โ50% |
| Hotel night3-star | โฌ 170$198 | โฌ 210$244 | Mykonos โ19% |
| Studio rent (month) | โฌ 1,100$1,279 | โฌ 900$1,047 | Venice โ18% |
| Laundry | โฌ 8$9.3 | โฌ 4.3$5 | Venice โ46% |
| SIM card1 week data | โฌ 10$11.6 | โฌ 14$16.3 | Mykonos โ29% |
| Haircutcut | โฌ 18$20.9 | โฌ 18$20.9 | similar |
| Massage1 hour | โฌ 65$75.6 | โฌ 65$75.6 | similar |
| Half-day tourper person | โฌ 60$69.8 | โฌ 45$52.3 | Venice โ25% |
| Entry ticketTourist town | โฌ 20$23.3 | โฌ 22$25.6 | Mykonos โ9% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
Mykonos and Venice cost about the same. Daily budget $353 vs $413; a month $5,656 vs $5,187.
About the same: Mykonos 2.4/5, Venice 2.4/5 (average of rip-offs, language, transport, payments and safety).
With a short-term studio and living costs, Mykonos is about $5,656 and Venice about $5,187 per month.
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.