Which place is cheaper, Funchal or Mykonos?
These are the overall average travel costs for the two destinations.
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Should you visit Mykonos or Funchal?
Which is cheaper to visit? Which is more expensive for vacation?
Which city should you visit? Read on to compare the activities as well as the prices of travel for Mykonos and Funchal. 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, schedule, and interests. So, let's dig into it.
Where Should I go: Mykonos or Funchal?
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.
Funchal
Funchal is the capital city of the autonomous region of Madeira on the island of Madeira. The city is located to the south between the cities of Santa Cruz and Camara de Lobos. It is actually named for the fennel plant which grows liberally on the island. The city was most significant as a shipping center between the 15th and 17th centuries. Today it has a population of over 100,000 people and is, arguably, one of the most picturesque cities in Portugal. It's appeal as a tourist destination has made it the leading Portuguese port for cruise line dockings.
For some great organized tour ideas, see The Best Contiki Tours to Greece, The Best G Adventures Tours to Greece, The Best Tours for Seniors to Portugal, and The Best G Adventures Tours to Portugal.
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Average Daily Cost Per person, per dayMykonos €149Funchal €93
The average daily cost (per person) in Mykonos is €149, while the average daily cost in Funchal is €93. 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 destination. What follows is a categorical breakdown of travel costs for Mykonos and Funchal in more detail.
Accommodation
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Accommodation Hotel or hostel for one personMykonos €74Funchal €52
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Accommodation Typical double-occupancy roomMykonos €148Funchal €104
Compare Hotels in Mykonos and Funchal
Looking for a hotel in Mykonos or Funchal? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Mykonos Hotel Prices and Funchal Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Mykonos €24Funchal €9.94
Typical Local Transportation Prices in Mykonos
Below are a few samples from actual travelers for transportation costs in Mykonos:
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Bus to Paradise Beach (for 2)€5.60
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Taxi to Kalafatis€13
Hired Cars and Shuttles in Mykonos
Some specific examples of transportation prices in Mykonos:
- From Helicopter Transfer to Athens or Greek Island: $2,567
- Boat Tour / Transfer in Mykonos: $1,069
- Private Catamaran Cruise w/ Food, Drinks & Transfer: $802
- Mykonos Airport or Port from/to Point to Point Private Transfers: $213
- Mykonos Private Long Distance Transfer Up To 12 Persons: $204
- Private Mykonos Transfers up to 15 persons: $158
- Mykonos 6hrs sailing cruise: Delos Rhenia with lunch & transfer : $153
- Combo Yacht Cruise to Rhenia and Guided Tour of Delos (free transfers): $153
- Mykonos Private Transfer Up To 8 Persons: $152
- Rhenia Cruise and Delos Guided Tour with Transfers: $150
- Catamaran Cruise with Lunch, Drinks and Transfer: $145
- Mykonos Sail Cruise to Delos&Rhenia, BBQ&Drinks, optional Delos Tour & Transfer: $136
Hired Cars and Shuttles in Funchal
Also for Funchal, here are a few examples of actual transportation services:
- Madeira Airport Shuttle Transfer one way: $9.81
- Private One way Transfer Madeira Airport to or from Funchal: $22
- Private Transfer from Madeira Airport(FNC) to Madeira Cruise Port: $26
- Funchal Airport(FNC) to Funchal hotels - Arrival Private Transfer: $26
- Funchal Private Transfers Service to Madeira Airport: $29
- Madeira Airport Private Transfers Service To Funchal: $33
- Transfer Madeira Airport - Funchal: $35
- Minibus Transfer: Funchal - Madeira Airport: $38
- Premium Transfer Madeira Airport - Funchal: $44
- Transfer and Hiking PR8 Sao Lourenço : $44
- Madeira airport transfer for up to 8 people: $49
- Madeira Airport Round Trip Shuttle Transfers Service: $49
Is it cheaper to fly into Mykonos or Funchal?
Prices for flights to both Funchal 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.
Food
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Food Meals for one dayMykonos €48Funchal €31
Typical Food Prices in Mykonos
Some typical examples of dining costs in Mykonos are as follows:
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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: $70
- Sunset Boat Cruise with Light Dinner & Drinks: $100
- Food Tour in Mykonos - 10 Tastings : $108
- Souvlaki Cooking Class in Mykonos: $109
- Cooking Class with Food and Wine: $160
- Cooking Classes in Mykonos Greece: $164
- Private Cooking Class on Naxos Island with Pick Up: $196
- Private Authentic Greek Brunch Cooking Class in Mykonos with a Local: $254
- Private Food Tour & Wine Tasting In Tinos Island with a Local: $284
- Private Cooking Class At The Home Of A Mykonian Family: $610
Typical Food Prices in Funchal
Here are some examples of typical meal expenses from previous travelers to Funchal:
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Coffee€1.40
Food Tours and Cooking Classes in Funchal
For Funchal, here are some samples of tours and activities related to meals and dining experiences:
- Private Walking Food Tour Around Funchal: $31
- Madeira Nights Tour - Dinner and Show: $41
- Sunset Tour to Pico do Arieiro with Dinner and Drinks included: $76
- Gourmet Wine & Food Tour: $112
- Gourmet Wine & Food Tour: $112
Entertainment
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Entertainment Entrance tickets, shows, etc.Mykonos €23Funchal €15
Tours and Activities in Mykonos
Some specific costs of activities, tours, and entrance tickets for Mykonos are as follows:
- Mykonos Island Tour: $83
- 1-Hour Guided Snorkeling Adventure with Go Pro Pictures : $38
- 4 Hour Mykonos Tour Explorer : $164
- 5 Hour Mykonos Beach-Club-Crawl Experience: $90
- 6 Hours Tour to Delos and Rhenia Islands with Sailing Yacht: $153
- All Inclusive Mykonos Island Tour & Greek Food Tasting: $150
- All inclusive Delos & Rhenia Islands tour up to 12 pax (free transportation): $153
- All inclusive Sunset Cruise Delos & Rhenia - free transpotation: $136
- All inclusive cruise-Mykonos Delos&Rhenia beaches(free transport): $119
- Ancient Delos Tour: $82
- Authentic Jeep Adventure Tour: $172
- Best of Mykonos Island 4-Hour Private Tour: $289
Tours and Activities in Funchal
Also, here are some specific examples of entertainment, tickets, and activities for Funchal.
- Portugal eSIM Tourist Data Plan: $4.81
- Sacred Art Museum of Funchal Entry Ticket: $11
- Old Funchal Walking Tour: $15
- Scenic Route - Nuns Valley Tour: $25
- Funchal Hop-On Hop-Off Tour 3 in 1: $27
- Christmas Lights in Funchal Tuk Tuk Tour: $27
- São Vicente Caves and Volcano Center Half-Day Tour: $27
- Majestic West Tour : $31
- Amazing East Tour : $31
- Magnificent East Tour: $33
- Exorbitant West Tour: $33
- Santana / Typical Houses Tour: $33
Alcohol
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Alcohol Drinks for one dayMykonos €20Funchal €16
Sample the Local Flavors in Mykonos
Also in Mykonos, these are the prices for nightlife and alcohol related activities from various tour providers:
- Winery Vineyard Experience with Food & Wine Tasting: $73
- Tour and Wine Tasting in Mykonian Land : $74
- Wine Tasting at a Mykonian Farm: $80
- Wine Tasting Tour at a traditional farm in Mykonos: $82
- Half-Day Wine Tasting and Snack at a Local House: $128
- Ancient Greek Wine Tasting on the Beach with a Sommelier: $128
- Luxurious All-in-One Mykonos Party Tour with Wine Tasting: $163
Sample the Local Flavors in Funchal
Also in Funchal, these are the prices for nightlife and alcohol related activities from various tour providers:
- Skywalk and 4x4 Adventure with Amazing Views and Wine Tasting: $49
- Half day jeep Wine tour and tasting, & sea cliff adventure: $53
- Bestselling Wine Tour, Tasting Experience & Skywalk 4x4 Adventure: $53
- Wine tasting and Jeep Adventure in Madeira's Majestic Countryside: $56
- Pub Crawl: $59
- Shore Excursion: Private Madeira Tour & Wine Tasting: $86
- Amazing Skywalk, Wine Tasting & 4x4 Adventure + Dolphin Watching: $97
- Guided Toboggan Ride and Madeira Wine Tasting Tour: $98
- Tuk Tuk Wine Tour - Madeira Island: $102
- Weekends Madeira Wine Tasting São Vicente: $109
- Wine Tour by Overland Madeira: $150
- Visiting local Vineyard With Wine Tasting & Lunch included: $158
When we compare the travel costs of actual travelers between Mykonos and Funchal, we can see that Mykonos is more expensive. And not only is Funchal much less expensive, but it is actually a significantly cheaper destination. So, traveling to Funchal would let you spend less money overall. Or, you could decide to spend more money in Funchal and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Mykonos would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Mykonos than you might in Funchal.
If you're trying to decide if either of these two destinations are within your price range, also see Is Mykonos Expensive? and Is Funchal Expensive?.
Which is Bigger, Mykonos or Funchal?
Mykonos has a larger population, and is about 6 times larger than the population of Funchal. When comparing the sizes of Mykonos and Funchal, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.