12 Most Expensive Greek Islands That Will Drain Your Wallet and Steal Your Heart

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Dreaming of crystal-clear waters, sun-soaked beaches, and luxurious getaways? Greece’s islands offer all this and more, but some come with a hefty price tag.

From celebrity hotspots to hidden gems, these exclusive destinations promise unforgettable experiences for those willing to splurge.

Mykonos in September, Greece, Cruise around Mykonos, View from the top, Old Harbour, Windmills in the background

Whether you’re looking to rub shoulders with the elite in Mykonos or enjoy secluded luxury in lesser-known paradises, Greece has an island to satisfy your high-end wanderlust.

Curious about where the well-heeled set their sights in the Aegean? Discover the 12 most expensive Greek islands to visit and start planning your dream (albeit pricey) Mediterranean escape!

12 Most Expensive Greek Islands To Visit

Ready to discover paradise? Scroll down to uncover the 12 most expensive Greek islands to visit and start planning your ultimate Mediterranean escape!

1. Santorini

Santorini in Greece

Santorini is one of the most beautiful Greek islands and, therefore, one of the most popular to visit. Because of its popularity, it is also one of the most expensive Greek islands to visit.

Santorini is a crescent-shaped paradise known for its stunning sunsets, white-washed buildings, and blue-domed churches.

Santorini in September, Greece - mother and daughter posing in front of buildings, orange and white buildings

Its unique volcanic landscape, luxurious clifftop hotels, and gourmet restaurants contribute to its high prices.

Visitors flock here to taste wine in traditional vineyards, explore ancient ruins, and indulge in romantic dinners with breathtaking caldera views.

Santorini is one of the best islands to visit in the world – so don’t let the prices scare you off!


2. Mykonos

Mykonos Greece

Why is Mykonos so expensive? This cosmopolitan island in the Cyclades has cultivated a reputation as a playground for the rich and famous, with its vibrant nightlife, exclusive beach clubs, and high-end boutiques.

Mykonos Town’s charming windmills and Little Venice area are Instagram favorites. Despite the hefty price tag, people are drawn to its golden beaches, world-class DJs, and celebrity-spotting opportunities.


3. Alonnisos

Alonnisos Greece

While not as pricey as some of its counterparts, Alonnisos offers a more secluded and authentic Greek experience.

It’s part of the National Marine Park of Alonnisos, making it a haven for nature lovers and divers. Visitors can explore pristine beaches, hike through pine forests, and potentially spot rare Mediterranean monk seals.

The island’s commitment to eco-tourism and limited development increases its costs.


4. Zakynthos

Best places to Visit in Greece

Famous for its shipwreck beach, Zakynthos (or Zante) combines natural beauty with a vibrant tourist scene.

Luxury seekers can find high-end resorts and villas, especially in areas like Tragaki and Akrotiri.

The island offers everything from water sports and boat tours to sea turtle watching and exploring the Blue Caves. Its popularity and diverse offerings contribute to its place among the pricier Greek destinations.


5. Skopelos

Skopelos Greece

This lush, green island gained fame as a filming location for “Mamma Mia!” Skopelos offers a more laid-back atmosphere than some neighbors but still provides upscale accommodations and dining options.

Visitors come for its pine-fringed beaches, traditional villages, and the iconic Agios Ioannis chapel perched on a rock. The island’s beauty and Hollywood connection keep prices relatively high.


6. Crete

Crete in Greece

As the largest Greek island, Crete offers diverse experiences, from budget-friendly to ultra-luxurious.

The island’s luxury resorts, particularly in areas like Elounda, can rival the most expensive Greek islands in terms of opulence and price.

Best Places to visit in Greece

Crete’s rich history, beautiful beaches, and unique cuisine attract visitors willing to splurge on high-end experiences.

From exploring the Palace of Knossos to indulging in spa treatments overlooking the Mediterranean, Crete caters to discerning travelers.


7. Rhodes

rhodes in Greece

Is Rhodes expensive? While it offers options for various budgets, Rhodes can be quite pricey, especially in its high-end areas.

The Old Town, a UNESCO World Heritage site, features luxurious hotels within medieval walls. The island’s long history, beautiful beaches, and vibrant nightlife make it a popular destination.

Visitors can explore ancient ruins, enjoy water sports, or relax in exclusive resorts, contributing to its reputation as a more expensive Greek island.


8. Andros

Andros Greece

Andros offers a blend of natural beauty and cultural richness. While not as internationally famous as some other islands, it attracts a discerning crowd with its neoclassical mansions, world-class museums, and pristine beaches.

The island’s hiking trails and traditional villages provide authentic experiences for those willing to pay a premium for exclusivity and tranquility.


9. Koufonisia

Koufonisia Greece

This small island group in the Lesser Cyclades has gained popularity among in-the-know travelers seeking an exclusive getaway.

With limited accommodation options and a focus on preserving its natural beauty, Koufonisia’s prices reflect its exclusivity.

Visitors come for the crystal-clear waters, secluded beaches, and laid-back atmosphere, making it a hidden gem among luxury seekers.


10. Folegandros

Folegandros Greece

Often described as Santorini without the crowds, Folegandros offers a more authentic and exclusive experience.

Its dramatic cliffs, whitewashed Chora, and unspoiled beaches attract travelers looking for a quieter, more upscale Greek island experience.

The limited number of high-end accommodations and the effort to maintain its traditional character contribute to higher prices.


11. Amorgos

Amorgos in Greece

Amorgos gained fame from Luc Besson’s film “The Big Blue” and has since become a favorite among those seeking an off-the-beaten-path luxury experience.

The island’s rugged beauty, iconic monastery of Hozoviotissa, and excellent hiking trails appeal to adventurous travelers.

While not the most expensive, its limited accessibility and focus on sustainable tourism contribute to higher costs.


12. Hydra

Best Day Trips from Athens, Greece, Hydra Island

Hydra is one of the most luxurious Greek islands, attracting artists, celebrities, and discerning travelers. Its car-free status, preserved 18th-century architecture, and upscale dining scene create a unique and exclusive atmosphere.

Visitors come for its romantic ambiance, art galleries, and the chance to explore the island on foot or by donkey. The combination of history, culture, and luxury makes Hydra a premium destination in the Greek islands.


Final Thoughts About The Most Expensive Islands in Greece

While these luxurious Greek islands offer unparalleled beauty and exclusive experiences, they come with a significant price tag.

From the iconic sunsets of Santorini to the glamorous nightlife of Mykonos, each destination promises unforgettable memories for those willing to indulge.

However, a lavish Greek holiday isn’t the only way to experience the country’s charm.

Looking for a more budget-friendly Greek adventure? Check out our post on the cheapest Greek islands to visit and discover equally stunning destinations that won’t break the bank.

For more inspiration and travel tips, explore our Greece Travel Blog.

Most Expensive Islands in Greece
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Jolene Ejmont

Originally from South Africa, now living in Australia, Jolene is a wife and a mother to three beautiful daughters. Together with her family, she is embarking on a journey towards changing her current stress-filled life to one focusing on her dreams and her passion for travel. She wants to share her stories in the hope to inspire you to chase your own dreams!