Affordable Islands Near Mykonos: Where to Go & What To Expect

One of the best things about visiting the Greek Island of Mykonos is its proximity to other amazing islands! Because I will be honest with you, Mykonos isn’t the REAL GREEK ISLANDS; it is very commercialized, not to mention crazy expensive.

So, while I do think it’s worth visiting, many other islands near Mykonos have a lot to offer. Plus, most of them are relatively affordable in comparison.

I am lucky enough to have visited several of these islands and can give you a broad overview.

Let’s take a quick look at where you can go from Mykonos, how to get there, and how expensive it is!

What is the BEST Island to Hop to From Mykonos?

If you are looking to move out from Mykonos, my top choice would be to go to Naxos!

A mere 40-minute ferry ride away, Naxos stood out in 2023 for its notably lower accommodation costs — roughly 40% to 70% more affordable than those in Mykonos.

GOOD TO KNOW: If you’re looking for a day trip, many islands near Mykonos will fit the bill.

Closest & Most Affordable Islands To Mykonos

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#1. Naxos

Naxos is one of the closest islands to Mykonos, reachable by ferry in just under an hour and a half.

Naxos is known for its beautiful beaches and charming old town villages. One of my favorite beaches is Agios Prokopios Beach.

You will want to check out the ancient Temple of Apollo and Venitian Castle.

Staying in Naxos is more budget-friendly. You can explore the island with the Naxos bus tour for just $37, a great way to see the sights.

Hotels in Naxos are reasonably priced, with mid-range rooms near the beach ranging from €60 to €120 during peak season.

Upscale options go for €120 to €250, depending on the amenities and location. My favorite spot is Nastasia Village Hotel, a charming boutique hotel.

Naxos has a laid-back, family-friendly vibe, making it a great alternative to Mykonos.

The food here is fantastic, with fresh, authentic dishes that make Naxos a hidden gem for foodies.

While it may not have Michelin-starred restaurants, the quality and flavor of the local cuisine are outstanding.

#2. Folegandros

Folegandros is a quieter alternative to Mykonos, located 53 nautical miles away. It’s perfect if Mykonos feels too pricey or crowded.

When I visited in July, I found Folegandros to be much more affordable, with hotel prices 20-40% lower. I stayed at Polikandia Hotel Folegandros in Chora, which offered a comfortable room and a pool.

Dining is also budget-friendly, with meals under 25€, including a glass of wine. Beer costs around 4€, compared to 10€ in Mykonos.

Folegandros, like Serifos, is a more authentic Greek island where you can truly relax without the overwhelming crowds found in Mykonos.

#3. Ios

Ios, about 57 nautical miles from Mykonos, is a quick ferry ride away. The travel time varies depending on the ferry type.

Accommodation in Ios is quite reasonable. I stayed at Corali Hotel, right on the beach and near the port, for $89 a night in July—such a good deal! Typically, hotels range from $65 to $125 per night.

The Greek Island of Ios is known for its lively nightlife and beautiful beaches.

Mylopotas Beach is great for sunbathing and water sports, while the charming Chora (old town) has lots of bars, restaurants, and cute narrow streets to explore.

Ios also has some cool historical spots, like the tomb of Homer and the ruins of Skarkos.

Eating out in Ios is affordable. Even the nicer restaurants had lower prices than I expected.

An Aperol Spritz, my go-to drink, was about 8 euros, and main dishes were usually under 20 euros per plate.

#4. Syros

Syros is approximately 21 nautical miles from Mykonos, making it a popular and quick ferry route in the Cyclades group.

The hotel scene in Syros, especially in the old town, is very reasonably priced. I stayed at the chic boutique hotel Shapes for $130 per night, booked last minute.

There are cheaper options available, but I couldn’t resist this charming place.

Syros is known for its neoclassical architecture and beautiful beaches like Galissas and Kini.

The capital, Ermoupoli, is a lively hub with historic sites, theaters, and museums.

Dining in Syros is a treat with great value. I spent around 30 euros for an appetizer, fish entree, and two Aperol Spritzes.

Syros remains a hidden gem, but I predict it will soon become one of the hottest islands to visit.

#5. Tinos

Tinos is another fantastic island to visit, just 12 nautical miles from Mykonos. A short ferry ride, depending on the service, will take you there in about 30 minutes to an hour.

Tinos is known for its beautiful beaches, traditional villages, and the Church of Panagia Evangelistria, a major pilgrimage site.

The island has a laid-back atmosphere, perfect for those seeking a more relaxing experience.

Accommodation in Tinos is quite affordable. You can find guesthouses and mid-range hotels for €50 to €100 per night.

For more luxurious options, prices range from €100 to €200.

Dining in Tinos is also budget-friendly. You can enjoy delicious local cuisine at tavernas and restaurants without breaking the bank.

A full meal with an appetizer, main course, and a drink typically costs around €25.

#6. Paros

Paros is a beautiful island just 27 nautical miles from Mykonos, making it an easy ferry ride of about an hour.

Known for its charming villages and stunning beaches, Paros is a great alternative to Mykonos when you are looking to move on.

While Paros is becoming more popular and prices are rising, it remains a more affordable option than Mykonos.

You can find mid-range hotels and guesthouses for €70 to €150 per night.

For a bit more luxury, expect to pay between €150 and €300.

A typical meal with an appetizer, main course, and a drink usually costs around €30.

#7. Delos

If you’re looking for a great day trip from Mykonos, Delos is perfect for you! Just a short boat ride away, Delos is an archaeological site believed to be the birthplace of Apollo and Artemis.

You can wander through ancient ruins, temples, and stunning mosaics that bring history to life.

However, it’s not a place to stay overnight—there are no accommodations or modern amenities.

The Most Budget-Friendly Time To Visit The Greek Islands

For budget-conscious travelers, I highly recommend visiting any of these Greek islands at the start or end of the busy season.

Ideally, the middle of May through June and the middle of September till the 1st week of October.

The prices for hotels and ferry tickets will be much lower than the prime summer season of July and August.

Something to avoid in Mykonos and any other island is booking hotels last minute. You want to book early to get good prices.

Planning a trip to the Greek Islands?

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