Cost of living and prices in Ibiza, prices of food, rent, shopping, etc. 🇪🇸
Updated Jul 2023

Ibiza is a city on the island of Ibiza, located in the Balearic Islands of Spain. The city has an energetic nightlife, beautiful beaches, UNESCO World Heritage sites, and plenty of recreational opportunities.

Cost of living in Ibiza is relatively high due to its popularity among tourists and expats, but it offers a high quality of life. The cost of accommodation, transportation, and food can be expensive in the peak season, but there are ways to save money by avoiding tourist hotspots and shopping at local markets. Overall, living in Ibiza can be a rewarding experience for those who love the active lifestyle and warm climate.

If you're considering moving to Ibiza, it's important to research your options for accommodation and budget carefully. The city offers a range of housing choices, from modern apartments to traditional houses. You'll also want to plan for transportation costs, as traffic can be heavy in the peak season. However, with careful planning, you can easily adjust to the cost of living and enjoy everything that Ibiza has to offer.

Cost of Living Estimate in Ibiza

Total cost of living in Ibiza for two person with average consumption for one month will be 1422.99 USD, no rent price included. Click here to calculate cost-of-living estimate in Ibiza

You can calculate cost of living in Ibiza by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Ibiza is a culinary paradise that caters to every palate and budget. From traditional tapas bars to stylish beachfront eateries, the island boasts a diverse dining scene that guarantees to delight your taste buds. The local cuisine showcases Mediterranean flavors with fresh seafood, meats, and vegetables taking center stage. For those with a sweet tooth, don't miss the chance to indulge in the delicious ensaimada pastry or the homemade flan for dessert.

The island's restaurant scene also offers a range of international options, from sushi to burgers and everything in between. Vegetarians and vegans will find plenty of options too, with many places incorporating locally grown produce into their dishes. In addition to dining at traditional restaurants, Ibiza also offers many street food options, including churros, empanadas, and crepes, giving you the opportunity to taste a variety of flavors in a more casual setting.

Meal in Inexpensive Restaurant
11.52 $
Meal for 2 People, Mid-range Restaurant, Three-course
69.75 $
McMeal at McDonalds or Alternative Combo Meal
9.70 $
Domestic Beer, 0.5 liter Draught
2.43 $
Imported Beer, 0.33 liter Bottle
4.85 $
Cappuccino
2.83 $
Coca-Cola, 0.33 liter Bottle
2.73 $

Markets prices

The market prices in Ibiza, Spain are known to be on the higher side. This is due to the island's luxurious reputation and the high demand it attracts from tourists and locals alike. However, the fresh and locally sourced produce is definitely worth the price, especially when it comes to seafood. One can always find an array of colorful fruits, vegetables, and spices that not only taste amazing but are also a feast for the eyes. Overall, the market prices in Ibiza may not be cheap, but the quality and freshness of the products make it a worthwhile experience.

Aside from food, the markets in Ibiza also offer a variety of handmade goods and souvenirs. From jewelry to pottery, there is a wide range of products that showcase the island's local craftsmanship. Prices here can also vary, but the quality of the products usually justifies the cost. Visitors can expect to find unique and one-of-a-kind items that make for great gifts or souvenirs. The markets themselves are also a treat to explore, with their lively atmosphere and colorful displays, making it a perfect way to spend a lazy afternoon browsing through the stalls and sampling the local specialties.

Water, 0.33 liter Bottle
1.58 $
Milk, Regular,1 liter
1.47 $
Loaf of Fresh White Bread, 0.5 kg
0.74 $
White Rice, 1 kg
1.92 $
Eggs, 12 pack
2.97 $
Local Cheese, 1 kg
17.38 $
Chicken Breasts, Boneless and Skinless, 1 kg
7.50 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
11.73 $
Apples, 1 kg
3.03 $
Banana, 1 kg
3.64 $
Oranges, 1 kg
2.43 $
Tomato, 1 kg
1.70 $
Potato, 1 kg
2.12 $
Onion, 1 kg
1.82 $
Lettuce, 1 head
1.09 $
Water, 1.5 liter Bottle
1.13 $
Bottle of Wine, Mid-Range Price
7.88 $
Domestic Beer, 0.5 liter Bottle
1.09 $
Imported Beer, 0.33 liter Bottle
1.52 $
Pack of Cigarettes
6.19 $

Transportation prices

Getting around Ibiza is quite easy with various transportation options available. The island is well-connected with a good network of buses, which are relatively cheap and efficient, making it a popular mode of transportation. Buses run frequently and cover almost every part of the island, including popular tourist spots and beaches. Taxis are also widely available in Ibiza; they are comparatively more expensive than buses, but they are convenient if you want to avoid the hassle of public transportation. Renting a car or a scooter is an excellent option for exploring the island, especially if you plan to venture off the beaten path. Many rental services are available on the island, and they offer flexibility and freedom to create your itinerary.

Cycling is another great way to discover the beauty of Ibiza, especially for nature lovers. Cycling is popular in Ibiza, and there are several providers of renting bikes on the island. With more than 50 kilometers of bike lanes and many bike-friendly roads, the island is a paradise for cyclists. You can rent an e-bike to explore the hills or go on a leisurely cruise along the coast. With so many transportation options available, there are plenty of ways to explore Ibiza without breaking the bank.

One-way Ticket, Local Transport
3.03 $
Monthly Pass, Regular Price
53.98 $
Taxi Start, Normal Tariff
4.43 $
Taxi, price for 1 km, Normal Tariff
1.61 $
Taxi, price for 1 hour Waiting, Normal Tariff
29.11 $
Gasoline, 1 liter
1.69 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
23,047.76 $

Utilities Per Month prices

When planning a trip to Ibiza, Spain, many budget-conscious travelers wonder about the average cost of utilities. The good news is that the cost of utilities, including electricity, water, and gas, is relatively low compared to other major European destinations. Visitors can expect to pay a reasonable fee for basic utilities, allowing them to enjoy their vacation without breaking the bank.

It's important to note that while utility costs may be low in Ibiza, it's still important for travelers to conserve energy and water during their stay. Many hotels and accommodations have implemented eco-friendly practices, such as energy-saving lightbulbs and water conservation measures, in an effort to preserve the island's natural beauty. By being mindful of their usage, visitors can help support these efforts and make their trip to Ibiza more sustainable.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
265.35 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.24 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
71.57 $

Sports And Leisure prices

For sports enthusiasts, Ibiza is a paradise. This gorgeous island has something for every adrenaline junkie, including parasailing, jet skiing, kayaking, and more. If you prefer a more relaxed atmosphere, then visit one of the island's top-notch golf courses or take a yoga class on the beach. There's also the option of going on a mountain biking adventure, exploring the island's breathtaking landscapes.

For those who want to relax and unwind, Ibiza offers an array of leisure activities. Take a stroll on one of the island's stunning white sand beaches, like Cala Salada or Talamanca. You can also indulge in a spa day or visit one of the many museums where you can learn about Ibiza's fascinating history. If you're looking for a fun night out, then head to the world-renowned clubs on the island, where you can dance the night away. Whatever your leisure preferences are, Ibiza has it all.

Fitness Club, Monthly Fee for 1 Adult
55.19 $
Tennis Court Rent, 1 Hour on Weekend
24.26 $

Salaries And Financing prices

For those considering a move to Ibiza, it's important to understand the salary and financing options available. The cost of living in Ibiza can be high compared to other parts of Spain, but with a thriving tourism industry, there are plenty of job opportunities in the hospitality sector. The average salary in Ibiza is higher than the national average, with some jobs in the tourism industry offering substantial bonuses and tips. Freelancers and entrepreneurs can also find success, with many coworking spaces available for a reasonable monthly fee.

If you're planning a holiday in Ibiza, it's important to budget accordingly. While there are affordable accommodation options available, high-end hotels and luxury villas can be expensive. However, there are many ways to save money on entertainment and dining, with plenty of local markets and affordable tapas bars. It's also worth considering financing options such as travel credit cards or installment plans, which can make it easier to manage holiday expenses. Overall, with careful budgeting and smart financial choices, it's possible to enjoy all that Ibiza has to offer without breaking the bank.

Cinema ticket, 1 Seat
10.92 $
Average Monthly Net Salary, After Tax
1,758.91 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
3 %

Childcare prices

Childcare prices in Ibiza, Spain are relatively high, especially when it comes to schools and Kindergartens. Families should be prepared to pay a significant amount for quality care. However, the education and facilities offered in these childcare facilities are among some of the best in the area, making the investment worth it for many parents.

When it comes to schools and Kindergartens in Ibiza, most institutions have a strong focus on education and providing children with a well-rounded experience. Teachers and staff are highly trained and dedicated to ensuring that each child receives individual attention and care. While the prices may be higher than in other areas, parents can feel confident that their children are in good hands and receiving a top-notch education and care experience.

Private Preschool or Kindergarten, Monthly for 1 Child
424.56 $
International Primary School, Yearly for 1 Child
13,949.96 $

Clothing And Shoes prices

When it comes to clothing and shoes, Ibiza has a wide range of options for all tastes and budgets. From high-end luxury boutiques to local markets, visitors can find a variety of styles and designs to choose from. Whether you're looking for beachwear, party outfits or everyday wear, there's something for everyone in Ibiza. Popular shopping destinations include the Ibiza Town area, where you can find a mix of designer brands and local shops, as well as the Las Dalias Hippy Market, a must-visit for anyone looking for unique and bohemian clothing and accessories.

If you're on a budget or simply prefer a more laid-back shopping experience, you can head to the local street markets and second-hand stores scattered throughout the island. These places offer a range of clothing and shoe options at lower prices, often with a more eclectic and vintage vibe. Plus, shopping at local markets is a great way to support small businesses and get a taste of the local culture. Whether you're a fashionista or a bargain hunter, Ibiza has something to offer for all your clothing and shoe needs.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
93.00 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
54.59 $
Pair of Running Shoes, Mid-Range Price
117.26 $
Pair of Leather Business Shoes
186.00 $

Rent Per Month prices

Looking for a short stay in one of the most exciting destinations in Europe? Ibiza has short rent options that vary from apartments to luxury villas, all equipped with modern amenities and breathtaking views of the island. Depending on the location, style, and size of the property you choose, short stay prices range from affordable to high-end. The good thing about Ibiza is that you always have options to fit your budget and preferences.

If you're looking for a luxury experience, there are many beautiful villas to choose from, with most of them providing private pools and modern facilities. If you're on a budget, there are also plenty of affordable apartments, and most of them are well located in the heart of Ibiza's bustling nightlife. It's recommended to book your short stay in advance, especially during the peak season, to avoid disappointment and ensure that you get the best price for your accommodation. Whether you're traveling solo, as a couple, or with a group of friends, Ibiza has plenty of short rental options to choose from, and each property guarantees a memorable experience.

One bedroom apartment in city centre
1,625.47 $
One bedroom apartment outside of city centre
1,297.95 $
Three bedroom apartment in city centre
2,887.04 $
Three bedroom apartment outside of city centre
1,849.74 $

Buy Apartment prices

If you're looking for a stunning beachfront property or a luxurious villa overlooking the Mediterranean, Ibiza may be just the place for you. With a range of real estate options available, from contemporary apartments to traditional fincas, there's something to suit every taste and budget in Ibiza. Whether you're looking for a picturesque vacation home or a permanent residence, you'll find plenty of choices to explore in this beautiful Balearic Island.

While prices vary depending on the location and type of property, Ibiza is generally considered to be a high-end real estate market. However, there are still opportunities to find excellent value in certain areas. The island's cosmopolitan vibe and stunning natural beauty have attracted a diverse mix of visitors and expats, creating a vibrant and multicultural community. Whether you're a first-time buyer or a seasoned investor, Ibiza's real estate market offers a wealth of possibilities for those looking to secure a piece of paradise.

Price per m2 to Buy Apartment in City Center
6,065.20 $
Price per m2 to Buy Apartment Outside of City Center
5,863.02 $