Revealed! The cheapest Greek islands are…

1. Kefalonia

Average holiday price: £596pp

A whole £362 per person cheaper than the most expensive island on our list, Kefalonia continues to attract price-conscious travellers who want the stunning scenery and relaxed atmosphere of Greece without the premium price tags associated with more famous neighbours.

With gorgeous white-sand beaches, mountains that tumble down to the sea and romantic waterfront tavernas, its relaxed pace makes this, the largest of the Ionian islands, a top choice for a relaxing beach break.

Some of the most affordable hotels and apartments can be found in Lassi and Katelios, along with long sand-shingle beaches, plenty of kid-friendly watersports and more than enough restaurants, cafes and beach bars to choose from. That said, package holiday in larger resorts such as the capital, Argostoli, and Sami often offer good value too.

2. Lefkas

Average holiday price: £606pp

Home to some of the finest beaches in Greece, Lefkas is famed for its dramatic white cliffs, olive grove-clad interior and mountain peaks. In a word, it’s exceptionally pretty. Located just off the west coast of Greece, it’s the only Ionian island directly connected to the mainland and is easily reachable via a 30-minute drive from Preveza International Airport.

For an active break, Vasiliki is a windsurfing hotspot. Or for peace and quiet, head to the fishing village of Nikiana which is close to some of the island’s best beaches. For a family-friendly getaway, try Nidri on the east coast for its calm shallow waters, wealth of authentic tavernas and access to nearby attractions such as the Nidri Waterfalls.

3. Santorini

Average holiday price: £637pp

Santorini — despite its iconic status — ranks as the third most affordable island at £637 per person. Earthquakes and seismic activity in early 2025 have kept the crowds away leading to a fall in prices from their previous peaks. Now is a good time to travel if you want to experience its white and blue houses perched on volcanic cliff tops, hiking and spectacular sunsets.

Períssa is ideal for holidays on a budget, with its hostels, studios and apartments for backpackers, families and couples. Further north along the coast, Kamari also has excellent-value accommodation. For out of peak season stays, try Fira on the caldera edge. Though usually expensive, there are some mid-range deals during quieter times.

4. Mykonos

Average holiday price: £670pp

Mykonos follows closely at £670 per person, defying its reputation as one of Greece's most glamorous and expensive destinations. Known as a holiday hot spot for the rich and famous, its mix of accommodation – from all-inclusive resort to luxury boutique hotel – means that there’s actually holidays to suit a range of budgets.

The best options for cheaper stays can be found in and around Mykonos Town, where there’s everything from backpacker hostels to one- and two-star hotels for reasonable rates. Avoiding the peak months of July and August and opting for May and June or September and October can significantly reduce your accommodation costs too.

Beyond the beach there’s legendary nightlife, fancy beach clubs, pretty traditional blue and white towns lining the shore and photogenic 16th-century windmills to explore.

5. Rhodes

Average holiday price: £689pp

Rhodes is one of the most popular islands in the Mediterranean, and one of the most affordable too – and it rounds off our top five. Visitors come for its blend of old-world charm – it’s home to one of the best-preserved medieval towns in Europe, Unesco-listed Rhodes Town – pumping nightlife and beautiful beaches.

You’ll find beach holidays concentrated along the sheltered east coast. Popular spots include romantic Lindos with its whitewashed buildings and cobbled streets. However, prices can be higher here than elsewhere on the island. For more budget options try Faliraki. Though known as a nightlife mecca, there’s quieter family-friendly spots and sandy beaches with clean, shallow waters.

Trianda on the north coast with its unpretentious, village-like feel and long sand-and-pebble beach is another good pick for affordable accommodation. It's a 20-minute ride from Rhodes Town and only 15 minutes from the airport.

6. Crete

Average holiday price: £768pp

Castles, beaches ranging from powdery pink sands to white pebbles, Venetian architecture and rugged mountains make Crete a popular – and often expensive – setting for a beach holiday.

The main resort towns can be found on the north coast, with some of the best-known including the budget-friendly city of Chania and upscale Elounda. Smaller hotels and self-catering apartments can also be found across Gouves, Malia, Stalis and Sissi – a chain of resorts that stretch east from Heraklion's airport along a pretty part of the north coast. Be aware that the region, particularly Malia, is known for its nightlife, though.

Or try the small but tranquil Paleochora situated on the southwest coast.

7. Corfu

Average holiday price: £822pp

Corfu has done its best to live up to its 'cheap and cheerful' reputation since the 1960s, and it’s still one of the most affordable islands in 2026.

Well geared up for a relaxing break in sun, pretty Corfu Town, a Unesco World Heritage site, blends Greek, Venetian, French and British influences across its grand mansions, medieval fortress and historic churches, while Kavos is the epicentre for nightlife.

For budget breaks, consider Gouvia and Kontokali on the east coast just 9km (6 miles) from Corfu Town. For bargains, try Benitses, south of Corfu Town, or Corfu’s popular resorts of Dassia and Ypsos (Ipsos) too, which merge into a cheerful strip of hotels, restaurants and bars.

For a cheap family break, look for hotels or self-catering options in Sidari or Roda, two laidback, almost-merged resorts on the north coast.

8. Naxos

Average holiday price: £890pp

Despite being the largest of the Cyclades islands, Naxos still feels like somewhat of a secret. Perhaps that’s because there are no direct flights from the UK to the island. However, it is easily reachable by boat from neighbouring Mykonos or Santorini, as well as Athens.

Head here for traditional hilltop villages, mouthwatering local produce (from cheeses to lemon and mint), long sandy beaches such as Ágios Prokópios and, overall, a sleepier feel.

The cheapest places to stay in Naxos are primarily found in Naxos Town (Chora) with self-catering and budget hotel options, particularly near Agios Georgios Beach.

9. Kos

Average holiday price: £943pp

If you’re looking for a more active break, Kos claims to be Greece's most bike-friendly island with miles of car-free cycle trails linking Kos Town to outlying resorts. The island is known for its excellent windsurfing and kitesurfing beaches too where you can speed across the Aegean powered by the sea breeze.

For affordable smaller hotels and self-catering accommodation try the island's biggest resort, Kardamena, located on the south coast. For families, the small, relaxed resort of Kefalos – set on calm, sandy Kamari Beach near the western tip of Kos – is another good option. Plus, the airport is just 20 minutes away.

10. Skiathos

Average holiday price: £958pp

With a reputation for some of the best sandy beaches in Greece, holidays to Skiathos don’t usually come cheap. But new flights – Jet2 has launched a new weekly Saturday service from London Luton from May to October – and an increase in package holiday deals means some lower-priced options this summer.

There’s more than 60 beaches to explore, from watersport and high-end beach bar hotspots like Big Banana Beach on the west coast, to hidden coves such as Maratha in the southwest.

Resorts in Skiathos are concentrated along the south and southwest coast, stretching from Skiathos Town to the famous Koukounaries Beach, though cheaper options can be found further inland if you’re willing to compromise on location.

Please note: The research analysed all holiday searches on TravelSupermarket between 16 September 2025 and 15 March 2026, for seven-night holidays across all traveller types, board bases, star ratings and departure dates from 17 September 2025 onwards. Prices shown are averages per person and have been rounded to the nearest pound.