Mykonos, a bohemian paradise, tends to come with a hefty price tag. Accommodation costs on this island are closely tied to proximity to the coast. For budget-conscious travelers, the sweet spot lies in hotel rooms along the 3rd coastline, with prices ranging from 40 to 70 EUR. It's the most economical option, but be prepared for a 20-30 minute walk to reach the sea.
If you're eyeing an all-inclusive experience in Mykonos, anticipate rates starting at 200 EUR per night. The highest-priced accommodations can be found near the island's most popular beaches. Take, for example, Paradise Beach Resort and Camping, where deluxe rooms fetch between 350 and 600 EUR, and comfortable bungalows range from 200 to 300 EUR.
Nevertheless, seasoned travelers often recommend settling in Chora, Mykonos' capital. Here, you'll encounter fewer tourists, a concentration of attractions, and notably lower prices compared to hotels along the 1st and 2nd coastlines. Among the budget-friendly options situated slightly farther from the beaches and attractions, Aghios Sostis and Mykonos Star stand out. However, keep in mind that this choice is most suitable for tourists with their own or rented cars.
