A Travel Price Comparison for Families, Couples, and Backpackers Mykonos vs. Faro for Vacations, Tours, and Honeymoons

Should you visit Mykonos or Faro?

Which city should you visit? Read on to compare the prices of travel for Mykonos and Faro. We’ll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget. So, let's dig into it.

Mykonos

Mykonos, a Greek Island in the middle of the Aegean Sea, is part of the Cyclades group. Mykonos is one of the most touristy islands in the Aegean Sea and is famous for its whitewashed buildings that climb up the hill along with historic windmills, stunning hillside views, and fantastic seafood restaurants. Because of its popularity, Mykonos comes with a hefty tourist markup. Many passengers arrive here as part of a cruise, so during the day its small streets can become crowded with tourists and its harbor fills with large ships. August and July are the most popular times to visit, so if you're hoping to avoid to crowds it's best to come a few months earlier.

Faro

Faro (or sometimes Faros) is the capital city of the scenic Algarve Region of Portugal, located at the edge of the Ria Formosa National Park. This is a fantastic place to experience the beauty, culture, and traditions of Portugal in laid back atmosphere, away from the hustle and bustle of the larger cities. Faro offers everything from ancient architecture to beautiful beaches all while being surrounded by the natural beauty of the Algarve Region.

Which city is cheaper, Faro or Mykonos?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Mykonos is €119, while the average daily cost in Faro is €130. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each city. Below is a breakdown of travel costs for Mykonos and Faro in more detail.



Accommodation

Accommodation prices vary by location and style, but travelers pay on average about €118 for a double occupancy room in Mykonos.

The prices for places to stay in Faro can vary by date, location, and type. Generally, the average cost for accommodation per person is €59, while a typical double-occupancy hotel room for two people will cost around €118.


  • Accommodation Hotel or hostel for one person
    Mykonos 59
    Faro 59
  • Accommodation Typical double-occupancy room
    Mykonos 118
    Faro 118

Food

In Mykonos travelers spend around €38 a day on food. You can save money by choosing casual restaurants or food stalls, or you can spend plenty more by dining in nicer restaurants at every meal.

Faro food costs typically run travelers around €41 per day. Eating every meal in a nicer restaurant will drive the cost up, and grabbing fast food or casual meals will help you save money.


  • Food Meals for one day
    Mykonos 38
    Faro 41
Typical Food prices in Mykonos

Some typical examples of dining costs in Mykonos are as follows:


  • Two Ice cream Cones
    4.50

Food Tours and Cooking Classes in Mykonos

Also, here are some specific examples of food and dining related activities in Mykonos.

  • Traditional Lunch or Dinner at the Mykonian Spiti: $73
  • Cooking Class in Mykonos, Greece: $145

Local Transportation

The average price of local transportation around Mykonos is €19 per person, per day. As this average includes both taxis and public transport, keep in mind that the prices of private drivers and taxis are significantly more expensive than public transportation.

To get around in Faro, the average visitor spends €6.90 per day, per person. This includes the costs of taxi rides and private drivers as well as public transportation, which tends to be much more affordable.


  • Local Transportation Taxis, local buses, subway, etc.
    Mykonos 19
    Faro 6.90
Typical Local Transportation prices in Mykonos

Below are a few samples from actual travelers for transportation costs in Mykonos:


  • Bus to Paradise Beach (for 2)
    5.60
  • Taxi to Kalafatis
    13

Hired Cars and Shuttles in Mykonos

Some specific examples of transportation prices in Mykonos:

  • Transfer from Mykonos Airport to Kalo Livadi area up to 6 customers: $121
  • Transfer from Mykonos Airport to Agios Sostis area up to 6 customers: $121
  • Transfer from Mykonos Airport to Kalafatis area up to 6 customers: $121
  • Transfer from Mykonos Airport to Ftelia area up to 6 customers: $121
  • Transfer from Mykonos Airport to Elia area up to 6 customers: $121
  • Transfer from Mykonos Airport to Paraga area up to 6 customers: $121
  • Transfer from Mykonos Airport to Paradise area up to 6 customers: $121
  • Transfer from Mykonos Airport to Tagoo area up to 6 customers: $121
  • Transfer from Mykonos Airport to Super Paradise area up to 6 customers: $121
  • Transfer from Mykonos Airport to Ano Mera area up to 6 customers: $121
  • Transfer from Mykonos Airport to Glastros area up to 6 customers: $98
  • Transfer from Mykonos Airport to Vryssi area up to 6 customers: $98

Hired Cars and Shuttles in Faro

Also for Faro, here are a few examples of actual transportation services:

  • Faro Airport Transfer Service: $3.72
  • Shared Arrival Transfer: Faro Airport to Algarve Hotels: $8.62
  • Faro Shared Transfer to Vilamoura: $11
  • Faro Private Transfer: To or From the Airport: $11
  • Private Arrival Transfer Faro Airport to Faro City: $11
  • Private Departure Transfer from Faro City to Faro Airport: $11
  • Faro Shared Arrival Transfer to Albufeira: $14
  • Faro Private Transfer to Vilamoura: $15
  • Faro Private Transfer to Albufeira: $16
  • Faro Shared Arrival Transfer to Armação de Pêra: $16
  • Private Airport Transfer: Faro Airport (FAO) to Faro: $17
  • Private Airport Transfer: from Faro to Faro Airport (FAO): $17

Is it cheaper to fly into Mykonos or Faro?

Prices for flights to both Faro and Mykonos change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.





Entertainment

Mykonos's costs for entertainment, tickets, attractions, and tours will often cost around €18 per person, per day. This cost can vary widely by the type of activity, however, as this includes admission tickets, day tours, museums, and other things to do.

In Faro, the costs for things to do, activities, admission tickets, and other sightseeing expenses are on average €56 per person, per day.


  • Entertainment Entrance tickets, shows, etc.
    Mykonos 18
    Faro 56

Tours and Activities in Mykonos

Some specific costs of activities, tours, and entrance tickets for Mykonos are as follows:

  • 3-Hour Sunset Cruise to Delos Island from Mykonos: $81
  • Ancient Delos & Mykonos South Beaches Cruise: $92
  • Best of Mykonos island, 4 hours private tour: $281
  • Delos Tour 3 to 5 customers: $505
  • Delos Tour 6 to 10 customers: $329
  • Delos and Rhenia Island Cruise from Mykonos: $103
  • Delos and Rhenia Islands Boat Tour from Mykonos: $115
  • From 7-Day Sailing Adventure to Santorini: $1,312
  • From Ancient Delos Tour: $44
  • From Full-Day Ancient Delos & Rhenia Island Cruise: $97
  • Highlights of Mykonos Half-Day Tour: $83
  • Mykonos Beach Hopping Tour: $79

Tours and Activities in Faro

Also, here are some specific examples of entertainment, tickets, and activities for Faro.

  • Horse Experience For Children: Lead Rein Riding: $3.72
  • Birds and Nature Catamaran Tour from Faro: $19
  • Speed Boat Tour - Ria Formosa: $32
  • Algarve: Animaris Desert Island & Ria Formosa Day Tour: $36
  • Ria Formosa Natural Park Boat Cruise from Faro: $37
  • Birdwatching Boat Tour in Ria Formosa: $38
  • Small-Group Tour in Faro Islands: $40
  • Private Speed Boat Tour: $45
  • Stand Up Paddle tour, Ria Formosa: $46
  • Amoreira River Kayak Tour: $50
  • Amoreira River Stand Up Paddle Tour: $50
  • Ingrina to Barranco Grottos Kayak Tour: $50

Alcohol

The average person spends about €16 on alcoholic beverages in Mykonos per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.


  • Alcohol Drinks for one day
    Mykonos 16
    Faro -

Sample the Local Flavors in Faro

Some specific costs for nightlife related activities in Faro:

  • Traditional Portuguese Guitar performance with Exhibition Museum & Wine Tasting: $21


When comparing the travel costs between Mykonos and Faro, we can see that Faro is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Since both cities are in Europe, it's no surprise that their costs are relatively close, as many destinations here have somewhat similar travel prices overall.

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Mykonos vs. Faro Travel Comparison

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