Splitting expenses on a Mykonos trip - what to budget, how to settle up
Last updated by The EvenRound team.
Beach club day beds, sunset cocktails at €18, and one yacht day that nearly broke the budget.
Mykonos is the most expensive Greek island and one of the most expensive group destinations in Europe. Beach clubs charge €100–€500 per day bed (Nammos and Scorpios at the high end), cocktails are €15–€25, and a 'yacht for the day' from the harbour starts at €1500. Group splits here are about deciding which days are 'going out' days (when costs spike) and which are 'casual' days (when they don't).
Realistic per-person daily budget
Local currency: Euro (EUR)
| Category | Per person, per day | Notes |
|---|---|---|
| Accommodation | €110–€250 (peak July/Aug) | Villa for 6–8 split many ways; even mid-range hotels run €350+/night for a double in peak. |
| Food and drinks | €70–€150 | Beach taverna lunch €30–€50, dinner Chora €40–€80, cocktails €15–€25. |
| Transport | €10–€25 | Local bus €2.30. Taxi from airport €25–€40. ATV rental €25–€45/day. |
| Activities and entrances | €80–€300 | Beach club day bed €100–€500, yacht day per person €150–€400, Delos day trip €40. |
Common shared-expense scenarios in Mykonos
Recommended split mode for Mykonos
Sample 3-day itinerary with expense touchpoints
Best for groups of …
Best for groups of 4–8. Villas typically sleep 6–10; yacht charters work well at 6–8. Beach club minimums are punishing for groups smaller than 4.
Currency notes
Eurozone. Tipping 10–15% at beach clubs and high-end restaurants - service charge is sometimes added; check before tipping. ATMs are widely available; Eurobank, Alpha Bank, and Piraeus charge nothing for partner banks. Bring cash for taxis and small bars; many add a €1–€2 'card fee' for charges under €30.
Mykonos is the trip where exact splits aren't optional. Equal-splitting in Mykonos can lead to one person silently subsidising others by €500+ over a weekend.
Related guides
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