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Mykonos

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September 2026
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How much do hostels in Mykonos cost?

Available dorm-bed prices in Mykonos, Greece range from $36 to $87/night over the next 49 days. HostelHound compares 10 hostels.

On a typical date, the cheapest available dorm bed is around $36.

At $36/night and up, Mykonos is one of the pricier hostel destinations in Greece.

How these prices work: Hostelworld listings, based on one night and the selected dorm-bed type. “Typical starting price” is the median of daily minimum prices across 1 contributing properties—not the typical hostel’s price. Amounts are converted to USD; verify availability and final taxes and fees on Hostelworld. Filters can narrow the advertised results below, but this summary remains citywide. Latest city scrape: 2026-09-12T22:13:53.929Z.

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Local knowledge for Mykonos

Where to stay

Budget hostels in Mykonos cluster in Hora (Mykonos Town), especially around Fabrika Square, which is also the main KTEL bus terminal. That puts you a 10-minute walk from the Old Port and Little Venice while keeping bus fares to the beaches just a couple of euros each way.

Getting around

  • The KTEL bus from Fabrika Square reaches Paradise Beach, Platis Gialos, and Ornos for just a couple of euros each way. The water taxis from the Old Port cover the same routes for several times more, so skip them unless you have luggage.
  • Restaurants on the Little Venice waterfront and the lane leading to the Windmills charge a significant premium for the setting. Walk two or three streets back into Hora's interior alleys and you'll find the same grilled fish for noticeably less.
  • Mykonos has fewer hostel beds than almost any Greek island its size. If you're going in July or August, book at least three months out or you'll be choosing between overpriced hotels and a ferry to Paros.

When to go

May and October offer the lowest hostel rates, often half what you'd pay in summer. The island books solid from late June through early September, with August being nearly impossible to find last-minute budget beds.

Frequently asked questions

How much do hostels in Mykonos cost?

On a typical date, the cheapest available dorm bed is around $36. Dorm beds currently range from $36 to $87/night across the next 49 days of availability.

How many hostels does HostelHound track in Mykonos?

HostelHound currently tracks 10 hostels in Mykonos, Greece.

Is Mykonos affordable compared to other hostel cities in Greece?

Mykonos is one of the pricier hostel destinations in Greece, with dorm prices starting from $36/night.

Where do backpackers stay in Mykonos?

Budget hostels in Mykonos cluster in Hora (Mykonos Town), especially around Fabrika Square, which is also the main KTEL bus terminal. That puts you a 10-minute walk from the Old Port and Little Venice while keeping bus fares to the beaches just a couple of euros each way.

What is the best time of year to visit Mykonos?

May and October offer the lowest hostel rates, often half what you'd pay in summer. The island books solid from late June through early September, with August being nearly impossible to find last-minute budget beds.