it was very cheap when i went in sept. 2000. drinks (all top shelf) were ~$5.00, i ate like a god and only spent ~$20-$40 a day for food (that included appetizers, main, dessert and several bottles of wine, went with some friends). we stayed at this hotel right near the post office downtown and paid ~$250 for five nights.

mykonos to me was very cheap!!!!!