07/24/2012 07:10 am ET Updated Sep 23, 2012

Top 5 Cheapest Greek Island Escapes (PHOTOS)

Beautiful white sand beaches mirrored by whitewashed houses lined along the mountainside, the breathtaking Greek Islands are everything you expect and more. And with prices dramatically down this year, why not experience the mystical beauty which has captured the hearts of all who visit since the time of the Gods? The hotel price comparison site presents the top 5 cheapest Greek Island escapes, so you can live like Aphrodite and Apollo -- If only for a week.

As the dollar rises, European prices have become not only more affordable, but favorable for Americans traveling overseas this summer. In addition, prices are down across nearly all major European cities, with Athens reporting the cheapest prices of all -- $106 per night, 26 percent less than in July 2011.

Greece, in addition to being one of the cheapest destinations to visit at the moment, also offers travellers an unparalleled experience through ancient ruins and breath-taking beaches. The beauty of Greece is one which has been appreciated by visitors and protected by the Gods for what seems like an eternity. So download a copy of The Odyssey to your e-reader, grab a wide-brimmed hat and dip into the turquoise waters of Mykonos. You'll see why even the Euro Crisis couldn't shake the mystifying beauty, delectable cuisine and rich history that Greece has to offer.

5 Great Greek Hotels