Cost of Living Comparison Between Ibiza and Chiang Mai Cost of Living Comparison Between Ibiza and Chiang Mai

Monthly Cost of Living

A single person spends $2,739 per month in Ibiza vs $947 in Chiang Mai, rent included.

A couple spends around $3,837 per month in Ibiza vs $1,411 in Chiang Mai, rent included.

A family of three spends $4,935 per month in Ibiza vs $1,874 in Chiang Mai, rent included.

Ibiza costs about 189% more than Chiang Mai, driven mainly by Eating Out.

Ibiza sits 99% above the global median, while Chiang Mai is 31% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$23.20 €19.95

$2.08 ฿68.6

1015.38%

Three-Course Dinner for Two, Mid-Range

$93.7 €80.5

$19.64 ฿646

377.04%

Fast Food Meal (McDonalds, etc)

$12.81 €11.02

$5.65 ฿186

126.73%

Cappuccino

$3.40 €2.92

$1.81 ฿59.4

87.85%

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

$2.74 €2.36

$0.71 ฿23.45

285.92%

Water (0.33 liter bottle)

$2.61 €2.25

$0.32 ฿10.38

715.63%

Local Beer (0.5 liter draught)

$3.47 €2.98

$2.24 ฿73.6

54.91%

Imported Beer (0.33 liter bottle)

$4.17 €3.58

$3.63 ฿119

14.88%

Milk (1 liter)

$1.41 €1.22

$1.96 ฿64.4

-28.06%

White Bread (500g)

$3.57 €3.07

$1.50 ฿49.39

138.00%

Rice (white) (1kg)

$1.34 ฿43.93

Eggs

$2.26 ฿74.5

Local Cheese (1kg)

$20.59 €17.70

$16.26 ฿535

26.63%

Chicken Fillets (1kg)

$2.95 ฿97.1

Beef Round Steak (1kg)

$9.94 ฿327

Apples (1kg)

$2.57 ฿84.6

Banana (1kg)

$1.06 ฿34.73

Oranges (1kg)

$1.61 ฿53.0

Tomato (1kg)

$1.52 ฿49.97

Potato (1kg)

$1.27 ฿41.77

Onion (1kg)

$1.07 ฿35.06

Lettuce (1 head)

$0.72 ฿23.68

Water (1.5 liter bottle)

$0.51 ฿16.72

Cigarettes 20 Pack (Marlboro, Camel)

$4.19 ฿138

Wine (Bottle)

$17.87 ฿587

Local Beer (0.5 liter bottle)

$1.39 €1.20

$1.69 ฿55.7

-17.75%

Imported Beer (0.33 liter bottle)

$2.84 ฿93.3

One-way Ticket (Public Transport)

$2.31 €1.99

$0.93 ฿30.43

148.39%

Public Transport Monthly Pass (Regular Price)

$53.9 ฿1,771

Taxi Start (Normal Tariff)

$4.62 €3.97

$1.23 ฿40.59

275.61%

Taxi (Normal Tariff) (1km)

$1.43 €1.23

$0.58 ฿18.96

146.55%

Taxi 1hour Waiting (Normal Tariff)

$26.30 €22.61

$2.42 ฿79.7

986.78%

Gasoline (1 liter)

$1.76 €1.51

$1.41 ฿46.43

24.82%

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

$36.6K €31.5K

$21.4K ฿705.1K

70.68%

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

$29.9K €25.7K

$27.3K ฿898.7K

9.37%

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

$219 €188

$63.7 ฿2,093

244.04%

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

$20.85 €17.92

$12.85 ฿423

62.26%

Internet (50+ Mbps, Unlimited Data)

$33.56 €28.85

$20.22 ฿665

65.97%

Gym Membership (Monthly)

$113 €96.8

$38.74 ฿1,274

190.50%

Tennis Court (1 Hour on Weekend)

$58.9 €50.6

$3.97 ฿130

1383.12%

Cinema Ticket

$16.52 €14.20

$6.74 ฿222

145.10%

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

$867 €746

$778 ฿25.6K

11.48%

International Primary School, 1 Child (Yearly)

$22.9K €19.7K

$14.6K ฿480.4K

56.67%

Jeans (Levis 501 Or Similar)

$42.13 €36.22

$54.3 ฿1,785

-22.40%

Summer Dress (H&M, Zara, etc)

$25.45 ฿837

Sport Shoes (Adidas, Nike)

$68.9 €59.2

$94.3 ฿3,102

-26.96%

Men's Leather Business Shoes

$73.4 ฿2,415

1-bedroom Apartment, City Center (Monthly)

$2,128 €1,829

$490 ฿16.1K

334.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,776 €1,527

$289 ฿9,512

514.01%

3-bedroom Apartment, City Center (Monthly)

$4,130 €3,550

$894 ฿29.4K

362.21%

3-bedroom Apartment, Outside City Center (Monthly)

$2,736 €2,352

$517 ฿17.0K

429.18%

Buy Apartment in City Center (m2)

$7,175 €6,169

$1,955 ฿64.3K

266.99%

Buy Apartment Outside City Center (m2)

$2,863 €2,461

$1,477 ฿48.6K

93.84%

Average Monthly Net Salary (After Tax)

$1,946 €1,673

$602 ฿19.8K

223.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.33

5.57

-40.22%

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

Last update for Ibiza: August 29, 2026

Last update for Chiang Mai: August 31, 2026

Cost Breakdown

A central one-bedroom costs $2,128 in Ibiza versus $490 in Chiang Mai. 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 223% 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 $94.0 in Ibiza versus $20.00 in Chiang Mai. Groceries tell a different story – $119 in Ibiza vs $240 in Chiang Mai – so Ibiza wins on supermarket bills even if dining out costs more.

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

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

Ibiza costs about 189% more than Chiang Mai, with the gap driven mainly by 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 $4,108 per month in Ibiza and $1,421 in Chiang Mai. 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 $94.0 in Ibiza and $20.00 in Chiang Mai. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 103% 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 $947, than in Ibiza at $2,739. 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 $947 versus $2,739 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.