Last update: Oct 2026

Cost of Living Comparison Between London and Ibiza

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.

194

Cost of Living Index in London
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London Living Index
163

Cost of Living Index in Ibiza
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Ibiza Living Index

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London

🇬🇧 United Kingdom

$3,986

/mo nomad

Ibiza

🇪🇸 Spain

$2,590

/mo nomad

Monthly Cost of Living

How much you'll spend in London 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 London and in Ibiza actually costs, broken down by who's living it.

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

London $3,986
Ibiza $2,590

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

London $5,791
Ibiza $3,650

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

London $7,595
Ibiza $4,710

Living in London is roughly 54% more expensive than in Ibiza, and outside of rent the biggest gap is in transport.

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

Meal at Budget Restaurant

$25.93 £19.45

$22.62 €20.12

14.63%

Three-Course Dinner for Two, Mid-Range

$107 £79.9

$88.5 €78.7

20.33%

Fast Food Meal (McDonalds, etc)

$10.71 £8.03

$12.22 €10.87

-12.36%

Cappuccino

$5.47 £4.11

$3.16 €2.81

73.10%

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

$2.97 £2.23

$2.63 €2.34

12.93%

Water (0.33 liter bottle)

$2.20 £1.65

$2.42 €2.15

-9.09%

Local Beer (0.5 liter draught)

$9.13 £6.85

$3.33 €2.96

174.17%

Imported Beer (0.33 liter bottle)

$7.94 £5.96

$4.10 €3.64

93.66%

Milk (1 liter)

$1.86 £1.40

$1.36 €1.21

36.76%

White Bread (500g)

$2.07 £1.55

$3.33 €2.96

-37.84%

Rice (white) (1kg)

$2.42 £1.81

Eggs

$5.09 £3.82

Local Cheese (1kg)

$12.87 £9.66

$20.06 €17.84

-35.84%

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)

$3.17 £2.38

$1.32 €1.17

140.15%

Imported Beer (0.33 liter bottle)

$4.42 £3.32

One-way Ticket (Public Transport)

$4.07 £3.05

$2.31 €2.06

76.19%

Public Transport Monthly Pass (Regular Price)

$247 £185

Taxi Start (Normal Tariff)

$5.58 £4.18

$4.44 €3.95

25.68%

Taxi (Normal Tariff) (1km)

$3.36 £2.52

$1.34 €1.19

150.75%

Taxi 1hour Waiting (Normal Tariff)

$56.8 £42.57

$24.91 €22.15

127.82%

Gasoline (1 liter)

$2.13 £1.60

$1.78 €1.58

19.66%

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

$38.2K £28.6K

$35.1K €31.3K

8.69%

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

$40.9K £30.7K

$28.8K €25.6K

42.09%

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

$372 £279

$216 €193

71.91%

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

$17.82 £13.37

$19.78 €17.59

-9.91%

Internet (50+ Mbps, Unlimited Data)

$40.37 £30.29

$32.04 €28.50

26.00%

Gym Membership (Monthly)

$60.0 £44.99

$107 €94.9

-43.76%

Tennis Court (1 Hour on Weekend)

$21.29 £15.97

$56.8 €50.5

-62.50%

Cinema Ticket

$17.74 £13.31

$16.07 €14.30

10.39%

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

$2,864 £2,149

$821 €731

248.72%

International Primary School, 1 Child (Yearly)

$35.3K £26.5K

$22.0K €19.6K

60.29%

Jeans (Levis 501 Or Similar)

$114 £85.5

$40.35 €35.89

182.58%

Summer Dress (H&M, Zara, etc)

$54.3 £40.71

Sport Shoes (Adidas, Nike)

$124 £93.2

$68.0 €60.5

82.76%

Men's Leather Business Shoes

$163 £122

1-bedroom Apartment, City Center (Monthly)

$2,869 £2,152

$2,048 €1,822

40.09%

1-bedroom Apartment, Outside City Center (Monthly)

$2,233 £1,675

$1,700 €1,512

31.38%

3-bedroom Apartment, City Center (Monthly)

$5,266 £3,950

$4,042 €3,596

30.27%

3-bedroom Apartment, Outside City Center (Monthly)

$3,778 £2,834

$2,619 €2,329

44.28%

Buy Apartment in City Center (m2)

$18.3K £13.8K

$6,860 €6,102

167.23%

Buy Apartment Outside City Center (m2)

$8,024 £6,019

$2,686 €2,389

198.76%

Average Monthly Net Salary (After Tax)

$5,037 £3,778

$1,824 €1,622

176.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.74

3.33

42.34%

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

Last update for London: October 10, 2026

Last update for Ibiza: October 11, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.2K 56%

Ibiza

$1.7K 65.6% 23.9% $533

Monthly Utilities & Internet

London

$430 10.8%

Ibiza

$268 10.4% 37.7% $162

Eating Out

London

$388 9.7%

Ibiza

$301 11.6% 22.5% $87

Groceries & Markets

London

$349 8.8%

Ibiza

$114 * 4.4% 67.5% $236

Getting Around

London

$285 7.2%

Ibiza

$20 * 0.8% 92.9% $265

Clothing & Footwear

London

$205 5.1%

Ibiza

$49 * 1.9% 76.2% $156

Sport & Entertainment

London

$95 2.4%

Ibiza

$139 5.4% 45.4% $43

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 $2,869 in London and $2,048 in Ibiza. 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: $107 in London vs $89.0 in Ibiza for a mid-range dinner for two. Groceries echo the gap at $349 vs $114 per month, with Ibiza cheaper across the board.

Good to know

🇬🇧 London

🇪🇸 Ibiza

🕒 Local time

21:22 9:22 PM

22:22 10:22 PM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

49,727

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of October 17, 2026: 1 USD = 0.75 GBP (1 GBP = 1.33 USD). 1 EUR = 0.843 GBP (1 GBP = 1.19 EUR).

Euro exchange rates as of October 17, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

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

From you

London
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

London vs Ibiza: Cost of Living - Frequently Asked Questions

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

Average pay runs 176% higher in London, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

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

Childcare runs $2,864 in London versus $821 in Ibiza. 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, London and Ibiza 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.