Moving to Ibiza? 2025 Living Costs & Relocation Tips

Ibiza is the third largest island in the Balearics, an archipelago of Spain in the Mediterranean Sea. It has a reputation for being the party capital and attracts thousands of young holidaymakers every year.

If you are considering moving to Ibiza, the various costs listed below will help you make an informed decision on what costs are involved when moving and living on the island with 210 km of coastline.

Quick Ibiza Facts:

Population: 147,914 (2019).
Official Language: Spanish (de facto) and Catalàn with many other languages being spoken by expat residents, including English, French, German, Italian, Arabic, Portuguese and Polish.
GDP Per Capita: $34,820 USD (2021)
Visitors: Ibiza has a population of under 150,00 but it receives around 2,000 tourists per 100 inhabitants per year.
Currency: Euro (EUR). As of 2024, £1 = €1.20, $1 USD = €0.89, $1 CAD = €0.66, $1 AUD = €0.61

Sections

1. Moving and Shipping Costs to Ibiza

The table below shows the estimated cost of hiring a 20- or 40-foot container from the 10 largest cities in the UK, and shipping it to Ibiza:

Origin City	20FT	40FT
Birmingham	£850 - £900	£1,500 - £1,600
Bristol	£870 - £920	£1,530 - £1,630
Glasgow	£900 - £950	£1,600 - £1,700
Leeds	£880 - £930	£1,570 - £1,670
Liverpool	£890 - £940	£1,590 - £1,690
London	£950 - £1,000	£1,650 - £1,750
Manchester	£920 - £970	£1,610 - £1,710
Newcastle	£910 - £960	£1,600 - £1,700
Sheffield	£905 - £955	£1,585 - £1,685
Southampton	£890 - £940	£1,570 - £1,670

All figures are in GBP;
The rates above are estimates only and may have changed since the time this article was updated (September 2024). They are based on the lowest estimated rate from either Freightos, Flexport, or Maersk;
To get a more accurate idea of the cost for you, please use the quote form at the top of this page;
Please also see our guide to international container shipping.

2. Ibiza Housing Costs

Housing prices are affordable compared with other major cities around the world but rentals are expensive when you compare them with cities in Spain, the Balearics and the Canary Islands. There’s a variety of housing types, from small studios to villas. Prices obviously vary from area to area but the figures below will give you an indication of what’s available at what price.

Monthly Rental Prices in Ibiza:

1 bedroom flat (apartment) in City Centre: €1,225+
1 bedroom flat outside the City Centre: €1,060+
3 bedroomed flat in City Centre: €2,400+
3 bedroomed flat outside the City Centre: €2,300+

Ibiza Home Purchase Prices:

Price per square metre (10.7 square feet) to buy in City Centre: €5,400+
Price per square metre (10.7 square feet) to buy outside City: €4,430+

Ibiza Housing Cost Comparison:

This is how rents in Ibiza compare with other cities around the globe.

London is 37.7% more expensive
New York is 57.4% more expensive
Los Angeles is 41.8% more expensive
Toronto is 11.4% more expensive
Vancouver is 17.9% more expensive
Sydney is 24.5% more expensive
Melbourne is 6.6% cheaper
Dubai is 11% more expensive
Paris is 2.7% more expensive

Source: Numbeo

How to Save on Housing Costs:

Share a Flat or House: Many of the younger generations opt for a house or flat shares. With a house/apartment share you will have your own room, or, for a cheaper option, you can share a room. The bathroom/s will be shared with other people in the house. There are many flats available for shared rental as well. Have a look at RoomLaLa, Gabinohome and Piso Compartido to find someone you can get on with to share the costs with you.
Different Areas – Different Prices: Ibiza Town is for those who enjoy city living and the nightlife that goes with it. Santa Eulalia is on the east coast and is busy in the summer but without the 24-hour party feel of San Antonio and Playa den Bossa. Santa Gertrudis is a favourite with families. It’s in the middle of the island and has an excellent fee-paying international school. There are many little villages dotted around the island which offer various types of accommodation.

3. Ibiza Food, Grocery and Restaurant Costs

Ibiza has some excellent restaurants, bars and nightclubs. However, many of them are expensive by global standards.

Inexpensive Restaurant: €13.00 – €15.00
Takeout Coffee: €2.30 – €2.50
Bottle of Coke: €2.80 – €3.00
1L of Milk: €1.50 – €1.70
Loaf of Bread: €1.60 – €2.00
12 Eggs: €2.60 – €2.70
1kg Chicken: €6.60 – €10.00
1kg Beef: €11.00 – €15.00
1kg Apples: €2.50 – €3.00
1kg White Rice: €1.60 – €1.80

This is how restaurants and food prices compare with other major cities in the world.

New York restaurants are 31.5% more expensive and groceries are 48% more expensive than Ibiza.
Los Angeles restaurants are 24.2% more expensive and groceries are 31.9% more expensive than Ibiza.
London restaurants are 37.7% more expensive and groceries are 15.2% more expensive than Ibiza.
Paris restaurants are 2.7% more expensive and groceries are 31.5% more expensive than Ibiza.
Toronto restaurants are 5.2% more expensive and groceries are 26.2% more expensive than Ibiza.
Vancouver restaurants are 5.2% more expensive and groceries are 26.2% more expensive than Ibiza.
Sydney restaurants are 11.7% more expensive and groceries are 33.7% more expensive than Ibiza.
Melbourne restaurants are 8.3% more expensive and groceries are 34.3% more expensive than Ibiza.
Dubai restaurants are 3.8% more expensive and groceries are 6.3% cheaper than Ibiza.

Source: Numbeo

Bonus Tips for Cheaper Food, Restaurants and Groceries:

Know Your Supermarkets: Carrefour, Dia, Lidl, Spar, Eroski, Mercadona and Proxim all have supermarkets in Ibiza. Prices tend to be overinflated during the summer months due to the influx of tourists. There are imported British goods in most supermarkets, plus various foods from other countries around the world. The various small farmer’s markets around the island generally only operate during the summer months.
Find Cheap Eats: Finding cheap eats during the summer is not easy and many restaurants and bars close during the winter. Have a look at the following sites to see which restaurants tantalise your taste buds – Ibiza Spotlight and Trip Advisor.

4. Ibiza Alcohol Costs

Ibiza knows how to party and has a host of bars and clubs. The following is a list of basic prices of beer and wine from the supermarket and restaurants.

Pint (0.6L) domestic beer at a restaurant/pub: €4.50 – €4.75
Bottle of imported beer at a restaurant/pub: €4.25 – €4.60
Pint (0.6L) domestic beer at a supermarket: €0.85 – €1.50
Bottle of imported beer at a supermarket: €1.20 – €1.50
Mid-range bottle of wine at a supermarket: €4.00 – €10.00

How To Drink For Less in Ibiza:

Keep an eye on the local papers and websites for specials over weekends and public holidays.
Ibiza has many bars and clubs which offer their guests specials at certain times of the day or early evening. Have a look at the following sites to find where your favourite tipple is on special – Yelp, Trip Advisor and Ibiza Tapas Wine Bar.

5. Ibiza Transportation Fares

Ibiza’s public transport consists of a bus service which is run by Ibiza Bus from 7:00 a.m. until 10:00 p.m. From 10:00 p.m. onwards, the Disco Bus takes over. The island is fairly well covered, with buses leaving the major resorts every 30 minutes.

Here are some example ticket costs.

Adult single – €2.10
Discobus – €3.00

How To Save Money on Public Transport:

Buy a bike. A bike is a good way to get around the island.
Walk. Depending on where you live and work, walking is certainly an option.

6. Cost of Internet in Ibiza

Here are some sample broadband internet prices from early 2023 for unlimited downloads, based on a 12-month contract:

Ono: €33.40 a month (fiber broadband up to 600mb)
Orange: €30.95 a month (fiber broadband up to 500mb)

7. Cost of Clothing, Personal Items, Gym and Leisure

August is Ibiza’s hottest month, with an average temperature of 26°C. The coldest winter month is January, with an average temperature of 10°C. October brings the most rain, with an average of 59mm falling.

Here are some clothing prices, together with other useful prices.

Pair of Jeans: €75.00 – €80.00
Summer Dress: €50.00 – €60.00
Running Shoes (Trainers): €78.00 – €99.00
Business Shoes: €130.00 – €140.00
Short Doctor’s Visit (15 mins): €75
Deodorant: €3.50
Shampoo: €3.50
Toilet Paper (4 rolls): €2.00
Gym Membership: €70.00 – €80.00 per month
Movie (cinema) Ticket: €9.00

Source: Numbeo

8. Cost of Owning a Car and Driving a Car in Ibiza

Everyone in Ibiza drives on the right. Driving in Ibiza is fine, however, parking can be a problem in the big resorts during peak season.

If you’re moving to Ibiza from within Spain, you’ll be able to keep your license but need to update your address with your new Ibizan one at your nearest traffic office.

If you live outside the EU, then you can drive on that licence for six months. If your foreign licence is not in Spanish, then you must obtain a Spanish translation or get an International Driving Licence. After this six-month period, you must obtain a Spanish driving licence, which you can do in Ibiza.

If you are from an EU country then you will need to get a Spanish licence after being in the country for two years. However, you must register your details with the Central Register of Drivers and Minor Offenders after six months. Note that persons under the age of 18 are not allowed to drive in Ibiza.

Residents of certain countries can exchange their licence, other people will need to take a Spanish driving test – both written and practical. These can be taken in Ibiza. Expatica.com has useful information in English for expats wanting to drive in Spain, the Balearics and the Canary Islands.

If you are taking a car with you to Ibiza, you can drive it for 6 months without registering it in Spain. After the 6 months period, you have 30 days to register it.

Here are some other sample costs of owning and operating a car in Ibiza:

Volkswagen Golf: €19,000+
1 litre (¼ gallon) of Gas (petrol): €1.65
Registration Fee (if any): The cost depends on the size of the vehicle and its CO2 emissions.

Source: Numbeo

Ways To Save Money on Driving in Ibiza:

Car sharing or pooling is one way to save money. Try Carpoolworld.
Taxis can sometimes be a cheaper option, especially if you are going to have to park all day. There’s no Uber in Ibiza at the moment.

9. Taxes in Ibiza

No matter where you live in Spain or the Balearic Islands, you will pay the same rate of tax. Sales Tax, or VAT (Value Added Tax) is 21% in Ibiza and is included in the price that is advertised.

If you own a property in Ibiza you will need to pay IBI tax. The amount varies depending on the size of the property, the services you receive and the area it’s in. Note if you rent a property, it is the owner who pays IBI, not the tenant.

Finally, if you decide to buy a flat or house in Ibiza, you’ll have to pay various taxes and fees. There is a property transfer tax of between 5% and 10%, VAT is payable at 10% on new properties, notary costs, title deed tax and land registration fees are between 1% and 2.5% of the purchase price and legal fees will cost between 1% and 2%.

10. Flight Costs from Ibiza

If you do make the move to Ibiza, here’s approximately how much it will cost to fly to other major world cities based on the lowest, one-way fares from Skyscanner as of early 2023:

New York: €220
Los Angeles: €445
London: €14
Paris: €19
Toronto: €386
Vancouver: €1,200
Dubai: €160
Sydney: €600
Melbourne: €680
Cape Town: €626
Hong Kong: €595

Other Tips on Moving to Ibiza:

The costs and pricing above should give you a good idea of the cost of living in Ibiza but perhaps the following extra tips will make your move go smoothly.

11. Moving to Ibiza Alone

Moving anywhere can be a lonely experience, but moving to a new city can be rather daunting. Here are a few tips about settling into Ibiza.

Meetups: Ibiza has lots of free meetup groups you can find on Meetup.com. Join Street View Photography, Ibiza Locals Sailing Trips, Bitcoin Ibiza, Ibiza Hiking and many more.
Attend Local Events: Ibiza is an island of fun with lots of events happening every day during the summer months. Find out what’s going on from Ibiza Spotlight, Ibiza Clubbing, Skiddle and See Ibiza.

12. Moving to Ibiza with a Family

Ibiza can be a fun place for families with young children. Here’s some extra food for thought.

New Parents (or parents to be): Mums Abroad is an excellent site which will give you information on antenatal classes, postnatal classes and general parenting. It’s an interactive site so you can ask for information directly.
Live in a Family-friendly Area: Santa Eulalia is on the east coast of Ibiza. It’s a family-friendly town which has a fair number of tourists in the season but is not the party capital. It has a large expat and local community, many of whom have families. Santa Gertrudis is in the middle of Ibiza and is home to an international school which obviously attracts many families. The rent and purchase prices here tend to be higher than elsewhere on the island.
Find Things To Do With The Kids: Ibiza Spotlight, Trip Hobo, Premium Europe, Oliver’s Travels and Trip Advisor all have great ideas for activities and events your kids will love.

13. Moving to Ibiza for Work

The main employers in Ibiza are in the hospitality, entertainment and tourism industries. There are very few permanent jobs on the small island, most are for the summer season only. While it is possible to move without a job, it makes sense to ensure there are jobs in your field before you make the move. Thousands of people arrive on the island every year searching for a job, hoping to spend the summer in one of the party capitals of the world.

Here are a few things to consider when moving for work:

Salary: The costs we outlined above should give you a rough idea of how much more you’ll want to make the move worthwhile. You can also check salary ranges on Glassdoor.
How to Find Work: If you want to have a job lined up before you move to Ibiza, but aren’t sure where to begin, the following site is a good place to start: Summer Takeover. You may also want to Google recruiters in your industry, as they can often help land you some initial interviews as well.

14. Moving to Ibiza from Australia

There’s a very small group of Australians living in Ibiza. If you’d like to join them here’s more food for thought:

Size Comparison: If you compare the population size of Ibiza with the population of a town in Australia, you’d be looking at Geelong, Victoria.
Join Expat Groups: Both InterNations and Meetup offer ways of meeting up with other Australians in Ibiza.

15. Moving to Ibiza from Canada

Quite a few Canadians are living in Ibiza. Here are a few extra points to consider:

Size Comparison: If you compare the population size of Ibiza with the population of a town in Canada, you’d be looking at Guelph, Ontario.
Join Expat Groups: InterNations offers ways of meeting up with other Canadians in Ibiza.

16. Moving to Ibiza from the United States

There’s a small American contingent living and working in Ibiza. If you’re considering it, here are a few bonus tips:

Size Comparison: Ibiza’s population is roughly the same as Lakewood City, Colorado.
Expat Groups: Meeting Americans who are already living and working in Ibiza is an excellent way to make friends and learn how to integrate quickly into your new life. InterNations and Expat.com will enable you to meet other expats from the States and other countries.

17. Moving to Ibiza from the United Kingdom

There’s a relatively large group of Brits living and working in Ibiza. If you’re considering it, here are a few bonus tips:

Size Comparison: If you compare the population size of Ibiza with a town in the UK, you’d be looking at Maidstone.
Expat Groups: Meeting Brits who are already living and working in Ibiza is an excellent way to make friends and learn all about living in the city. Have a look at the following sites to find people from home – Expat.com and InterNations.

Hopefully, the tips and costs above are helpful. If want to get started pricing out how much it will cost you to move to Ibiza you can start by comparing moving quotes here.

1. Moving and Shipping Costs to Ibiza

2. Ibiza Housing Costs

3. Ibiza Food, Grocery and Restaurant Costs

4. Ibiza Alcohol Costs

5. Ibiza Transportation Fares

6. Cost of Internet in Ibiza

7. Cost of Clothing, Personal Items, Gym and Leisure

8. Cost of Owning a Car and Driving a Car in Ibiza

9. Taxes in Ibiza

10. Flight Costs from Ibiza

11. Moving to Ibiza Alone

12. Moving to Ibiza with a Family

13. Moving to Ibiza for Work

14. Moving to Ibiza from Australia

15. Moving to Ibiza from Canada

16. Moving to Ibiza from the United States

17. Moving to Ibiza from the United Kingdom

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