Ibiza, Spain

Editor

Editor

March 12, 2023

Ibiza is an ideal destination for digital nomads looking for a unique and exciting place to work and explore. With its stunning beaches, vibrant nightlife, and rich cultural heritage, Ibiza is the perfect place to combine work and leisure. According to the World Economic Forum, Ibiza is the third most competitive destination in the world for digital nomads, with a score of 4.3 out of 5. The island also offers a great quality of life, with a low cost of living and a high quality of healthcare. Additionally, Ibiza is home to a thriving startup scene, with a number of co-working spaces and incubators. With its excellent infrastructure, reliable internet connection, and a wide range of activities, Ibiza is the perfect place for digital nomads to work and play.

Living in Ibiza, Spain: Overview

Overall score | Worksplorer index

  • 80%

    Quality of life
  • 56%

    Cost of living
  • 58%

    Connectivity
  • 97%

    Weather

63

General

CurrencyEUR
Population (in millions)0.1
Quality of life (world rank from 1 to 200)Unranked
Cost of living compared to Chicago, USA40% more expensive
Best neighborhood to staySanta Eulalia, Ibiza Town
Culture

Number of museums and galleries5
Top selling local beerEstrella
Most popular local dishPaella
Travel

Most popular tourist attraction(s)Es Vedra, Las Salinas Beach, Dalt Vila
Discount airlineVueling
Major airlineVueling Airlines
Largest ride sharing companyCabify
Primary train stationsSanta Eulalia, San Antonio, Ibiza Town
Primary airportsIbiza Airport, Santa Eulalia Airport, San José Airport
Best rental car companyHertz
Used car costs25000 EUR
Connectivity

Apple store addresses Carrer de la Virgen, 8, 07800 Ibiza, Spain
Internet connection (in Mbps)10 Mbps
Power socket typeC,F
Supply voltage 230V
Best electronics storeMediaMarkt
Best internet carrierVodafone
Primary cellular carrierVodafone
Average monthly cost for internet70 EUR
Shopping

The best drug storeFarmacia
Best restaurant chainEl Chiringuito
The best grocery storeMercadona
The most popular fashion brandMango
Regulatory

GDP per capita$25,845 / year
Average annual income$25000
Sales tax rate7%
Income tax rate0%
Tourist visa valid (in days)90 days
Financial

Average mortgage rateNot available
Suggested ATM take out200 EUR
Bank that has the most ATM machinesSantander
Average tip in restaurant15%
Pay using credit or debit cardNot very common
Health

Emergency Phone Numbers112 (general), 061 (medical emergency), 080 (fire emergency)
Polution per square meter545
Health quality rank (according to WHO) Not available
Main religionChristianity
Quality of life

80%

  • 54%

    Safety, freedom, rights
  • 99%

    Traffic
  • 100%

    Property to income
  • 46%

    Crime
  • 86%

    Healthcare
  • 97%

    Weather
Salaries

Average Monthly Net Salary (After Tax)€2,039
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate3.17%
Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€1,000
International Primary School, Yearly for 1 Child€17,000
Cost of living

56%

  • Purchasing Power

    69%

     

     

  • Rent

    44%

     

     

  • Food

    52%

     

     

  • Restaurant

    71%

     

     

  • Workspace

    48%

     

     

  • Transport

    20%

     

     

Rent

Apartment (1 bedroom) in City Centre Per Month€1,225.00
Apartment (1 bedroom) Outside of Centre Per Month€1,066.67
Apartment (3 bedrooms) in City Centre Per Month€2,400.00
Apartment (3 bedrooms) Outside of Centre Per Month€2,300.00
Tennis Court Rent (1 Hour on Weekend), Sports And Leisure€20.00
Food

Milk (regular), (1 liter)€1.55
Loaf of Fresh White Bread (500g)€1.67
Eggs (regular) (12)€2.67
Local Cheese (1kg)€18.33
Water (1.5 liter bottle)€0.83
Bottle of Wine (Mid-Range)€4.00
Domestic Beer (0.5 liter bottle)€0.85
Imported Beer (0.33 liter bottle)€1.22
Cigarettes 20 Pack (Marlboro)€4.90
Chicken Fillets (1kg)€6.67
Apples (1kg)€2.50
Oranges (1kg)€2.00
Potato (1kg)€2.08
Lettuce (1 head)€0.90
Rice (white), (1kg)€1.57
Tomato (1kg)€2.23
Banana (1kg)€2.50
Onion (1kg)€1.50
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€11.00
Restaurants

Meal, Inexpensive Restaurant€13.00
Meal for 2 People, Mid-range Restaurant, Three-course€80.00
McMeal at McDonalds (or Equivalent Combo Meal)€10.00
Domestic Beer (0.5 liter draught)€4.50
Imported Beer (0.33 liter bottle)€4.25
Coke/Pepsi (0.33 liter bottle)€2.82
Water (0.33 liter bottle) €1.82
Cappuccino (regular)€2.32
Connectivity

94%

Infrastructure

89/100

Internet speed

92/100

Internet cost

95/100

Pre-paid plan

98/100

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€176.56
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)€0.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€57.50
Sports

Fitness Club, Monthly Fee for 1 Adult€71.67
Tennis Court Rent (1 Hour on Weekend)€20.00
Cinema, International Release, 1 Seat€9.00
Transportation

One-way Ticket (Local Transport)€2.10
Monthly Pass (Regular Price)€70.00
Gasoline (1 liter)€1.65
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€19,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€25,000.00
Taxi Start (Normal Tariff)€3.65
Taxi 1km (Normal Tariff)€1.33
Taxi 1hour Waiting (Normal Tariff)€25.50