Cost of living comparison

Turkey

compared to

Greece

Mykonos (Mikonos) vs. Istanbul Cost of Living Summary

Mykonos (Mikonos) is 30.6% more expensive than Istanbul.

Restaurants: pay 3.9% more in Mykonos (Mikonos)
Groceries: pay 40.1% more in Mykonos (Mikonos)
Transportation: pay 2.7% more in Mykonos (Mikonos)
Housing: pay 2.0 times more in Mykonos (Mikonos)
Childcare: pay 75.0% less in Mykonos (Mikonos)
Entertainment and Sports: pay 2.9% more in Mykonos (Mikonos)
Clothing: pay 21.1% more in Mykonos (Mikonos)

The cost of housing, groceries, clothing, restaurants, entertainment and sports, and transportation in Mykonos (Mikonos) are more expensive than in Istanbul. Notably, housing is significantly more expensive in Mykonos (Mikonos).

Planning a move to Greece? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

Mykonos (Mikonos) vs. Istanbul Cost Breakdown

If you lived in Mykonos (Mikonos) instead of Istanbul, you would:

Display currency: USD

pay 3.9% more for restaurants

	Istanbul	Mykonos (Mikonos)
Basic meal with drink at inexpensive restaurant	$12.19 TRY603.79	$12.88 €11.46	+5.6%
Fast food combo meal McDonalds, or similar	$9.35 TRY462.91	$8.15 €7.25	-12.8%
Bottle of Coca-Cola (11 fl. oz)	$1.73 TRY85.71	$2.41 €2.14	+39.1%
Bottle of water (11 fl. oz)	$0.58 TRY28.65	$0.77 €0.69	+33.0%
Average			+3.9%

Istanbul vs. Mykonos (Mikonos) - Cost of restaurants

Improve prices · Change currency (USD)

pay 40.1% more for groceries

	Istanbul	Mykonos (Mikonos)
Bread 1 loaf	$0.92 TRY45.58	$1.46 €1.30	+58.7%
Local cheese (8 oz)	$5.28 TRY261.28	$7.84 €6.98	+48.5%
Milk (1 gallon)	$4.69 TRY231.97	$6.62 €5.89	+41.3%
Eggs 1 dozen	$2.41 TRY119.39	$4.25 €3.79	+76.5%
Boneless chicken breast (1 lb)	$2.54 TRY125.71	$4.79 €4.27	+88.8%
Apples (1 lb)	$0.85 TRY42.16	$1.00 €0.89	+16.9%
Bananas (1 lb)	$1.03 TRY50.86	$0.95 €0.85	-7.3%
Oranges (1 lb)	$0.57 TRY28.34	$0.62 €0.55	+8.4%
Tomatoes (1 lb)	$0.84 TRY41.37	$0.78 €0.70	-6.4%
Potatoes (1 lb)	$0.31 TRY15.36	$0.55 €0.49	+76.0%
Onions (1 lb)	$0.29 TRY14.17	$0.54 €0.48	+89.9%
Average			+40.1%

Istanbul vs. Mykonos (Mikonos) - Cost of groceries

Improve prices · Change currency (USD)

pay 2.7% more for transportation

	Istanbul	Mykonos (Mikonos)
Gasoline (1 gallon)	$5.43 TRY269.03	$8.40 €7.47	+54.5%
Monthly public transit pass	$67.03 TRY3,318.85	??
New Volkswagen Golf 1.4 (standard edition)	$50,810.11 TRY3M	$27,970.99 €24,895.19	-44.9%
Taxi trip in downtown area (5 miles)	$8.40 TRY416.09	$13.44 €11.96	+59.9%
Average			+2.7%

Istanbul vs. Mykonos (Mikonos) - Cost of transportation

Improve prices · Change currency (USD)

pay 2.0 times more for housing

	Istanbul	Mykonos (Mikonos)
Internet connection 50 mbps or faster, cable/dsl	$16.15 TRY799.42	$38.21 €34.01	+136.7%
1-Bedroom apartment in downtown area	$996.85 TRY49,357.64	$2,239.47 €1,993.21	+124.7%
1-Bedroom apartment outside city center	$647.83 TRY32,076.47	$1,119.74 €996.60	+72.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$68.87 TRY3,410.06	$147.95 €131.68	+114.8%
Average			+101.5%

Istanbul vs. Mykonos (Mikonos) - Cost of housing

Improve prices · Change currency (USD)

pay 75.0% less for childcare

	Istanbul	Mykonos (Mikonos)
Private preschool for 1 child, monthly	$1,021.62 TRY50,584.39	$411.04 €365.84	-59.8%
Middle school for 1 child, two semesters	$25,999.20 TRY1M	$4,031.05 €3,587.78	-84.5%
Average			-75.0%

Istanbul vs. Mykonos (Mikonos) - Cost of childcare

Improve prices · Change currency (USD)

pay 2.9% more for entertainment and sports

	Istanbul	Mykonos (Mikonos)
Domestic/local beer (1 pint)	$4.78 TRY236.49	$5.60 €4.98	+17.2%
Cappuccino in mid-range area	$4.31 TRY213.63	$3.77 €3.36	-12.6%
Pack of cigarettes Marlboro or similar	$2.34 TRY115.73	$5.04 €4.48	+115.6%
Monthly membership at local gym	$76.22 TRY3,773.70	$55.99 €49.83	-26.5%
Movie ticket to theater/cinema	$8.13 TRY402.53	$8.96 €7.97	+10.2%
Average			+2.9%

Istanbul vs. Mykonos (Mikonos) - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 21.1% more for clothing

	Istanbul	Mykonos (Mikonos)
Regular jeans Levi's brand	$53.35 TRY2,641.33	$89.58 €79.73	+67.9%
Regular dress from H&M or similar store	$39.62 TRY1,961.62	$42.92 €38.20	+8.3%
Running shoes Nike or Adidas	$99.91 TRY4,947.03	$83.98 €74.75	-15.9%
Men's business shoes (leather)	$95.52 TRY4,729.71	$134.37 €119.59	+40.7%
Average			+21.1%

Istanbul vs. Mykonos (Mikonos) - Cost of clothing

Improve prices · Change currency (USD)

We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Istanbul vs. Mykonos (Mikonos)

Salary Calculator · Free tool

What salary would you need in Mykonos (Mikonos)?

More cost comparisons

Istanbul vs.

Ho Chi Minh City

Istanbul vs.

Rome

Istanbul vs.

Berlin

Istanbul vs.

London

Istanbul vs.

Warsaw

Istanbul vs.

New York City

Istanbul vs.

Lima

Istanbul vs.

Sydney

Share this

Compare countries by overall cost of living

See the cost of living in Turkey vs. Greece. This provides a comparison of the average cost of living from cities within Turkey and Greece.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Istanbul

Add prices for Mykonos (Mikonos)

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Mykonos (Mikonos) or Istanbul. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.