Last update: Oct 2026

Cost of Living Comparison Between Ibiza and London

For one person, living is cheaper in Ibiza: $2,590 a month against $3,986 in London, rent and utilities included – about $16,800 less a year. Rent and utilities account for about half of the difference.

163

Cost of Living Index in Ibiza
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Ibiza Living Index
194

Cost of Living Index in London
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London Living Index

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Ibiza

🇪🇸 Spain

$2,590

/mo nomad

London

🇬🇧 United Kingdom

$3,986

/mo nomad

Monthly Cost of Living

How much you'll spend in Ibiza and in London

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

Monthly costs for one person with rent: $2,590 in Ibiza versus $3,986 in London.

Ibiza $2,590
London $3,986

Estimated couple costs with rent: $3,650 in Ibiza versus $5,791 in London.

Ibiza $3,650
London $5,791

Monthly costs for a family of three with rent: $4,710 in Ibiza versus $7,595 in London.

Ibiza $4,710
London $7,595

Living in Ibiza costs roughly 35% less than in London, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Ibiza 92% above, London 195% above.

Meal at Budget Restaurant

$22.62 €20.12

$25.93 £19.45

-12.77%

Three-Course Dinner for Two, Mid-Range

$88.5 €78.7

$107 £79.9

-16.89%

Fast Food Meal (McDonalds, etc)

$12.22 €10.87

$10.71 £8.03

14.10%

Cappuccino

$3.16 €2.81

$5.47 £4.11

-42.23%

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

$2.63 €2.34

$2.97 £2.23

-11.45%

Water (0.33 liter bottle)

$2.42 €2.15

$2.20 £1.65

10.00%

Local Beer (0.5 liter draught)

$3.33 €2.96

$9.13 £6.85

-63.53%

Imported Beer (0.33 liter bottle)

$4.10 €3.64

$7.94 £5.96

-48.36%

Milk (1 liter)

$1.36 €1.21

$1.86 £1.40

-26.88%

White Bread (500g)

$3.33 €2.96

$2.07 £1.55

60.87%

Rice (white) (1kg)

$2.42 £1.81

Eggs

$5.09 £3.82

Local Cheese (1kg)

$20.06 €17.84

$12.87 £9.66

55.87%

Chicken Fillets (1kg)

$10.43 £7.82

Beef Round Steak (1kg)

$16.87 £12.66

Apples (1kg)

$3.11 £2.33

Banana (1kg)

$1.40 £1.05

Oranges (1kg)

$3.08 £2.31

Tomato (1kg)

$3.27 £2.45

Potato (1kg)

$1.58 £1.19

Onion (1kg)

$1.74 £1.31

Lettuce (1 head)

$1.40 £1.05

Water (1.5 liter bottle)

$1.80 £1.35

Cigarettes 20 Pack (Marlboro, Camel)

$23.28 £17.46

Wine (Bottle)

$13.03 £9.77

Local Beer (0.5 liter bottle)

$1.32 €1.17

$3.17 £2.38

-58.36%

Imported Beer (0.33 liter bottle)

$4.42 £3.32

One-way Ticket (Public Transport)

$2.31 €2.06

$4.07 £3.05

-43.24%

Public Transport Monthly Pass (Regular Price)

$247 £185

Taxi Start (Normal Tariff)

$4.44 €3.95

$5.58 £4.18

-20.43%

Taxi (Normal Tariff) (1km)

$1.34 €1.19

$3.36 £2.52

-60.12%

Taxi 1hour Waiting (Normal Tariff)

$24.91 €22.15

$56.8 £42.57

-56.11%

Gasoline (1 liter)

$1.78 €1.58

$2.13 £1.60

-16.43%

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

$35.1K €31.3K

$38.2K £28.6K

-7.99%

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

$28.8K €25.6K

$40.9K £30.7K

-29.62%

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

$216 €193

$372 £279

-41.83%

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

$19.78 €17.59

$17.82 £13.37

11.00%

Internet (50+ Mbps, Unlimited Data)

$32.04 €28.50

$40.37 £30.29

-20.63%

Gym Membership (Monthly)

$107 €94.9

$60.0 £44.99

77.81%

Tennis Court (1 Hour on Weekend)

$56.8 €50.5

$21.29 £15.97

166.65%

Cinema Ticket

$16.07 €14.30

$17.74 £13.31

-9.41%

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

$821 €731

$2,864 £2,149

-71.32%

International Primary School, 1 Child (Yearly)

$22.0K €19.6K

$35.3K £26.5K

-37.61%

Jeans (Levis 501 Or Similar)

$40.35 €35.89

$114 £85.5

-64.61%

Summer Dress (H&M, Zara, etc)

$54.3 £40.71

Sport Shoes (Adidas, Nike)

$68.0 €60.5

$124 £93.2

-45.28%

Men's Leather Business Shoes

$163 £122

1-bedroom Apartment, City Center (Monthly)

$2,048 €1,822

$2,869 £2,152

-28.62%

1-bedroom Apartment, Outside City Center (Monthly)

$1,700 €1,512

$2,233 £1,675

-23.88%

3-bedroom Apartment, City Center (Monthly)

$4,042 €3,596

$5,266 £3,950

-23.24%

3-bedroom Apartment, Outside City Center (Monthly)

$2,619 €2,329

$3,778 £2,834

-30.69%

Buy Apartment in City Center (m2)

$6,860 €6,102

$18.3K £13.8K

-62.58%

Buy Apartment Outside City Center (m2)

$2,686 €2,389

$8,024 £6,019

-66.53%

Average Monthly Net Salary (After Tax)

$1,824 €1,622

$5,037 £3,778

-63.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.33

4.74

-29.75%

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

Last update for Ibiza: October 11, 2026

Last update for London: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Ibiza

$1.7K 65.6%

London

$2.2K 56% 31.4% $533

Eating Out

Ibiza

$301 11.6%

London

$388 9.7% 29% $87

Monthly Utilities & Internet

Ibiza

$268 10.4%

London

$430 10.8% 60.4% $162

Sport & Entertainment

Ibiza

$139 5.4%

London

$95 2.4% 31.2% $43

Groceries & Markets

Ibiza

$114 * 4.4%

London

$349 8.8% 207% $236

Clothing & Footwear

Ibiza

$49 * 1.9%

London

$205 5.1% 321% $156

Getting Around

Ibiza

$20 * 0.8%

London

$285 7.2% 1301% $265

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

Cost Breakdown

A one-bedroom apartment in the center runs $2,048 in Ibiza and $2,869 in London. Housing cost is often the main lever when comparing two cities.

London pays 176% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $89.0 in Ibiza vs $107 in London for a mid-range dinner for two. Groceries echo the gap at $114 vs $349 per month, with Ibiza cheaper across the board.

Good to know

🇪🇸 Ibiza

🇬🇧 London

🕒 Local time

19:56 7:56 PM

18:56 6:56 PM

1 h behind Ibiza

🌤 Weather

👥 Population

49,727

8,908,083 Capital

💱 Currency

Euro EUR €

British Pound GBP £

📈 Exchange rate

1 EUR = 1.12 USD

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Ibiza London 1,400 km ≈ 2 h 15 min nonstop flight

From you

Ibiza
London

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

Ibiza vs London: Cost of Living - Frequently Asked Questions

Ibiza and London differ by about 54% in total monthly costs ($2,590 vs $3,986 including rent). Ibiza is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 176% lower in London. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $2,048 in Ibiza versus $2,869 in London. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $821 in Ibiza versus $2,864 in London. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Ibiza – a meal for two runs $89.0 versus $107 in London. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $3,000. Ibiza is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Ibiza and London are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Ibiza gentler on the wallet – expenses run 54% less than in London. Beyond cost, consider language, visa policies, and how big the international community is in each city.