Which place is cheaper, Grand Cayman or Mykonos?
These are the overall average travel costs for the two destinations.
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Should you visit Mykonos or Grand Cayman?
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 Grand Cayman. 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 Grand Cayman?
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.
Grand Cayman
When people think of the Cayman Islands, they typically think of offshore bank accounts and sunny, cruise ship ports. Grand Cayman has more to offer travelers than a playground for the wealthy or a short stopover for cruise passengers. This tropical island is the largest of the three Cayman Islands, it is a shopper's heaven, a center for global finance and an ideal vacation spot.
For some great organized tour ideas, see The Best Contiki Tours to Greece, and The Best G Adventures Tours to Greece.
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Average Daily Cost Per person, per dayMykonos €237Grand Cayman €200
The average daily cost (per person) in Mykonos is €237, while the average daily cost in Grand Cayman is €200. 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 Grand Cayman in more detail.
Accommodation
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Accommodation Hotel or hostel for one personMykonos €74Grand Cayman €139
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Accommodation Typical double-occupancy roomMykonos €148Grand Cayman €278
Compare Hotels in Mykonos and Grand Cayman
Looking for a hotel in Mykonos or Grand Cayman? 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 Grand Cayman Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Mykonos €24Grand Cayman €29
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:
- Transfer from Mykonos Airport to Ftelia area up to 6 customers: $76
- TRANSFER FROM MYKONOS PORT(Cruise Terminal) TO MYKONOS TOWN: $8.61
- Private Transfer:Mykonos Old Port to your hotel-mini van: $65
- Private Transfer:Mykonos Old Port to your hotel-mini bus: $75
- Private Transfer:Mykonos Old Port to your hotel with Sedan: $54
- Private Transfer:Mykonos Old Port to your Villa with minivan: $65
- Private Transfer:Mykonos Old Port to your Villa with minibus: $75
- Private Transfer:Mykonos Old Port to your Villa with Sedan: $54
- Private Transfer:From your hotel to Windmills with mini van: $65
- Private Transfer:From your hotel to Windmills with mini bus: $75
- Private Transfer:From your hotel to Spilia with mini van: $75
- Private Transfer:From your hotel to Spilia with mini bus: $86
Hired Cars and Shuttles in Grand Cayman
Also for Grand Cayman, here are a few examples of actual transportation services:
- Private Transfer from George Town Port to Owen Roberts AirportGCM: $54
- George Town / 7- Mile Beach area to George Town Port -Departure Private Transfer: $54
- George Town Cruise Port to George Town or 7-Mile Beach -Arrival Private Transfer: $54
- George Town Port to Owen Roberts Airport (GCM) - Departure Private Transfer: $54
- Privat Transfer from Owen Roberts Airport GCM to George Town Port: $54
- Private Transfer from George Town or 7 Mile to George Town Port: $54
- Private Transfer from George Town Port to George Town or 7-Mile: $54
- Airport Transfer - Owen Roberts Intl Airport to GeorgeTown or Seven Mile Beach: $88
- George Town Port to George Town / 7-Mile Beach area -Round-Trip Private Transfer: $108
- Airport Transfers to North Side Accommodation (GCM Grand Cayman): $265
Is it cheaper to fly into Mykonos or Grand Cayman?
Prices for flights to both Grand Cayman 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 €48Grand Cayman €36
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: $101
- Food Tour in Mykonos - 10 Tastings : $108
- Souvlaki Cooking Class in Mykonos: $109
- Cooking Class with Food and Wine: $161
- Cooking Classes in Mykonos Greece: $164
- Private Cooking Class on Naxos Island with Pick Up: $197
- Private Food Tour & Wine Tasting In Tinos Island with a Local: $285
- Private Cooking Class At The Home Of A Mykonian Family: $613
Entertainment
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Entertainment Entrance tickets, shows, etc.Mykonos €23Grand Cayman €38
Tours and Activities in Mykonos
Some specific costs of activities, tours, and entrance tickets for Mykonos are as follows:
- Mykonos Gems for the First Time Cruise Visitors: $84
- Mykonos Island Tour: $83
- 1-Hour Guided Snorkeling Adventure with Go Pro Pictures : $38
- 3 Hours Private Sunset Tour in Greece with Free Drinks & Snacks: $262
- 4 Hour Private Island Tour in Mykonos & Lunch included : $169
- 5 Hour Mykonos Beach-Club-Crawl Experience: $89
- 6 Hours Tour to Delos and Rhenia Islands with Sailing Yacht: $153
- All Inclusive Mykonos Island Tour & Greek Food Tasting: $151
- All inclusive Delos & Rhenia Islands tour up to 12 pax (free transportation): $153
- All inclusive Sunset Cruise Delos & Rhenia - free transpotation: $137
- All inclusive cruise-Mykonos Delos&Rhenia beaches(free transport): $130
- Authentic Jeep Adventure Tour: $191
Tours and Activities in Grand Cayman
For Grand Cayman, here are a few prices for actual activities, tours, and tickets provided by various companies:
- West Bay Sightseeing Tour Plus Seven Mile Beach Visit: $45
- Reagan’s Honey Beekeeping Adventure: $67
- Starfish and Stingray City Fun Tour with Reef Snorkeling- 3 stops: $69
- Stingraycity Adventure: $69
- Stingray City Experience Plus One Snorkeling Stop: $69
- Stingray City Sandbar, Coral Gardens and 7-Mile Beach Tour: $70
- Stingray City Experience Plus Two Snorkeling Stops on Grand Cayman: $75
- Stingrays, Starfish and Snorkeling Tour: $75
- 2-stop Adventure: Stingray City and snorkeling at Cayman Reefs: $79
- Grand Cayman Cruise: Starfish Point, Stingray City, Coral Garden: $80
- Acquarius Stingray City and Snorkel Tours: $80
- Grand Cayman - Bioluminescent Bay Tour: $95
Alcohol
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Alcohol Drinks for one dayMykonos €20Grand Cayman €12
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: $81
- Wine Tasting Tour at a traditional farm in Mykonos: $82
- Mykonos Town: Wine tour in Greek Gastronony with a local: $103
- Half-Day Wine Tasting and Snack at a Local House: $129
- Ancient Greek Wine Tasting on the Beach with a Sommelier: $129
Typical Alcohol Prices in Grand Cayman
Below are a few samples from actual travelers for alcohol and nightlife costs in Grand Cayman:
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Beer€4.63
Sample the Local Flavors in Grand Cayman
Here are a few nightlife and alcohol tours and activities from local tour providers in Grand Cayman:
- Cayman Spirits Co. Distillery Tour Pass Ticket Only: $24
When we compare the travel costs of actual travelers between Mykonos and Grand Cayman, we can see that Mykonos is more expensive. And not only is Grand Cayman much less expensive, but it is actually a significantly cheaper destination. Since Mykonos is in Europe and Grand Cayman is in Caribbean Islands, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Grand Cayman would let you spend less money overall. Or, you could decide to spend more money in Grand Cayman 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 Grand Cayman.
If you're trying to decide if either of these two destinations are within your price range, also see Is Mykonos Expensive? and Is Grand Cayman Expensive?.
Which is Bigger, Mykonos or Grand Cayman?
Mykonos has a larger population, and is about 20 times larger than the population of Grand Cayman. When comparing the sizes of Mykonos and Grand Cayman, 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.