Last update: Oct 2026

Cost of Living Comparison Between Chiang Mai and Ibiza

For one person, living is cheaper in Chiang Mai: $925 a month against $2,649 in Ibiza, rent and utilities included – about $20,700 less a year. Rent and utilities account for most of the difference.

45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index
163

Cost of Living Index in Ibiza
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Ibiza Living Index

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Chiang Mai

🇹🇭 Thailand

$925

/mo nomad

Ibiza

🇪🇸 Spain

$2,649

/mo nomad

Monthly Cost of Living

How much you'll spend in Chiang Mai and in Ibiza

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Chiang Mai and in Ibiza actually costs, broken down by who's living it.

A single person spends $925 per month in Chiang Mai vs $2,649 in Ibiza, rent included.

Chiang Mai $925
Ibiza $2,649

A couple spends around $1,414 per month in Chiang Mai vs $3,706 in Ibiza, rent included.

Chiang Mai $1,414
Ibiza $3,706

A family of three spends $1,903 per month in Chiang Mai vs $4,764 in Ibiza, rent included.

Chiang Mai $1,903
Ibiza $4,764

Chiang Mai is about 65% cheaper than Ibiza, and outside of rent the biggest gap is in eating out.

Chiang Mai sits 32% below the global median, while Ibiza is 95% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.29 ฿76.5

$22.29 €19.83

-89.73%

Three-Course Dinner for Two, Mid-Range

$19.64 ฿656

$88.1 €78.4

-77.71%

Fast Food Meal (McDonalds, etc)

$5.61 ฿188

$12.52 €11.14

-55.19%

Cappuccino

$1.66 ฿55.6

$3.33 €2.96

-50.15%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.70 ฿23.40

$2.78 €2.47

-74.82%

Water (0.33 liter bottle)

$0.31 ฿10.24

$2.47 €2.20

-87.45%

Local Beer (0.5 liter draught)

$2.41 ฿80.4

$3.29 €2.93

-26.75%

Imported Beer (0.33 liter bottle)

$3.71 ฿124

$4.05 €3.60

-8.40%

Milk (1 liter)

$1.95 ฿65.3

$1.37 €1.22

42.34%

White Bread (500g)

$1.41 ฿47.03

$3.26 €2.90

-56.75%

Rice (white) (1kg)

$1.31 ฿43.62

Eggs

$2.18 ฿72.9

Local Cheese (1kg)

$16.65 ฿556

$20.53 €18.26

-18.90%

Chicken Fillets (1kg)

$2.76 ฿92.2

Beef Round Steak (1kg)

$9.11 ฿304

Apples (1kg)

$2.39 ฿80.0

Banana (1kg)

$1.03 ฿34.26

Oranges (1kg)

$1.63 ฿54.4

Tomato (1kg)

$1.50 ฿50.0

Potato (1kg)

$1.29 ฿43.13

Onion (1kg)

$1.11 ฿37.03

Lettuce (1 head)

$0.72 ฿24.08

Water (1.5 liter bottle)

$0.53 ฿17.59

Cigarettes 20 Pack (Marlboro, Camel)

$4.31 ฿144

Wine (Bottle)

$17.95 ฿600

Local Beer (0.5 liter bottle)

$1.58 ฿52.9

$1.32 €1.18

19.70%

Imported Beer (0.33 liter bottle)

$2.84 ฿95.0

One-way Ticket (Public Transport)

$0.86 ฿28.86

$2.28 €2.03

-62.28%

Public Transport Monthly Pass (Regular Price)

$53.3 ฿1,780

Taxi Start (Normal Tariff)

$1.21 ฿40.29

$4.47 €3.97

-72.93%

Taxi (Normal Tariff) (1km)

$0.57 ฿18.99

$1.38 €1.23

-58.70%

Taxi 1hour Waiting (Normal Tariff)

$2.35 ฿78.6

$25.25 €22.46

-90.69%

Gasoline (1 liter)

$1.44 ฿47.96

$1.85 €1.65

-22.16%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$20.7K ฿692.8K

$35.0K €31.2K

-40.80%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K ฿895.7K

$28.8K €25.6K

-7.05%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$62.3 ฿2,083

$210 €187

-70.37%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$12.11 ฿405

$19.95 €17.74

-39.30%

Internet (50+ Mbps, Unlimited Data)

$19.94 ฿666

$31.36 €27.90

-36.42%

Gym Membership (Monthly)

$37.07 ฿1,239

$109 €96.6

-65.88%

Tennis Court (1 Hour on Weekend)

$3.78 ฿126

$56.9 €50.6

-93.36%

Cinema Ticket

$6.50 ฿217

$16.34 €14.53

-60.22%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$793 ฿26.5K

$818 €728

-3.09%

International Primary School, 1 Child (Yearly)

$14.8K ฿494.9K

$22.8K €20.3K

-34.96%

Jeans (Levis 501 Or Similar)

$53.7 ฿1,796

$41.13 €36.59

30.66%

Summer Dress (H&M, Zara, etc)

$24.62 ฿823

Sport Shoes (Adidas, Nike)

$90.9 ฿3,036

$68.1 €60.5

33.49%

Men's Leather Business Shoes

$71.1 ฿2,378

1-bedroom Apartment, City Center (Monthly)

$455 ฿15.2K

$2,016 €1,793

-77.41%

1-bedroom Apartment, Outside City Center (Monthly)

$298 ฿9,954

$1,760 €1,566

-83.08%

3-bedroom Apartment, City Center (Monthly)

$908 ฿30.4K

$4,028 €3,583

-77.45%

3-bedroom Apartment, Outside City Center (Monthly)

$554 ฿18.5K

$2,672 €2,377

-79.27%

Buy Apartment in City Center (m2)

$1,931 ฿64.5K

$7,116 €6,330

-72.87%

Buy Apartment Outside City Center (m2)

$1,445 ฿48.3K

$2,699 €2,401

-46.48%

Average Monthly Net Salary (After Tax)

$591 ฿19.7K

$1,866 €1,660

-68.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

3.33

67.27%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Chiang Mai: October 17, 2026

Last update for Ibiza: October 18, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Chiang Mai

$298 32.2%

Ibiza

$1.8K 66.5% 491% $1.5K

Groceries & Markets

Chiang Mai

$235 25.5%

Ibiza

$115 * 4.3% 51.4% $121

Clothing & Footwear

Chiang Mai

$108 11.7%

Ibiza

$49 * 1.9% 54.6% $59

Monthly Utilities & Internet

Chiang Mai

$94 10.2%

Ibiza

$262 9.9% 177% $167

Eating Out

Chiang Mai

$79 8.5%

Ibiza

$301 11.4% 283% $223

Getting Around

Chiang Mai

$61 6.6%

Ibiza

$20 * 0.8% 66.3% $40

Sport & Entertainment

Chiang Mai

$50 5.4%

Ibiza

$141 5.3% 182% $91

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $455 in Chiang Mai versus $2,016 in Ibiza. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 216% higher in Ibiza, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20.00 in Chiang Mai versus $88.0 in Ibiza. Groceries tell a different story – $235 in Chiang Mai vs $115 in Ibiza – so Ibiza wins on supermarket bills even if dining out costs more.

Good to know

🇹🇭 Chiang Mai

🇪🇸 Ibiza

🕒 Local time

18:39 6:39 PM

13:39 1:39 PM

5 h behind Chiang Mai

🌤 Weather

👥 Population

127,240

49,727

💱 Currency

Thai Baht THB ฿

Euro EUR €

📈 Exchange rate

100 THB = 2.99 USD

100 THB = 2.66 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to THB – Thai Baht Converter

🇺🇸 United States Dollar ($)

🇹🇭 Thai Baht (฿)

Thai Baht exchange rates as of October 20, 2026: 1 USD = 33.42 THB (100 THB = 2.99 USD). 1 EUR = 37.57 THB (100 THB = 2.66 EUR).

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to THB in detail →

On the map

Lowest

Highest

Between locations

Chiang Mai Ibiza 9,330 km ≈ 12 h nonstop flight

From you

Chiang Mai
Ibiza

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Chiang Mai vs Ibiza: Cost of Living - Frequently Asked Questions

Ibiza costs about 186% more than Chiang Mai, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,388 per month in Chiang Mai and $3,973 in Ibiza. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Chiang Mai, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $20.00 in Chiang Mai and $88.0 in Ibiza. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 106% cheaper in Ibiza – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Chiang Mai, where all-in costs run around $925, than in Ibiza at $2,649. In Chiang Mai it covers expenses comfortably, while in Ibiza it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Chiang Mai costs $925 versus $2,649 in Ibiza. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Chiang Mai. If higher salaries, better infrastructure, or specific career opportunities are the priority, Ibiza makes more sense. Both are solid long-term options with distinct trade-offs.