Let's talk money: How much does a week in Ibiza really cost?
There's a myth that has followed Ibiza for years: that it's a destination only accessible to very generous budgets. As someone who lives here year-round, I can assure you that's only part of the story.
Ibiza can be as expensive or as affordable as you want it to be, and in this guide I'm going to give you real figures so you can plan your budget without surprises.
Accommodation: The most important expense
Accommodation is where the budget varies most. Here are the estimated prices in high season (double room per night):
- 3-star hotel (Ibiza City or Sant Antoni): 80–140 €
- Tourist apartment for 2 people: 70–120 € (booking in advance)
- Hostel or guesthouse: 40–70 €, clean and centrally located rooms
- Hostel with bunk beds: 20–35 € per person
In low season (October to May), all these prices drop by 30 to 50%. For a week in summer, budget between 400 and 1,000 € in accommodation for two people.
Eating and drinking: From set menus to restaurants with views
Estimated prices per person
- Set menu (menú del día): 12–16 € (first course, main, dessert and drink). The best ones are in neighbourhood bars away from tourist areas
- Dinner at mid-range restaurant: 25–40 € with wine
- Fine dining restaurant: 60–100 € per person
- Coffee with toast: 3–5 €
- Beer or soft drink on a terrace: 3–4 €
Supermarkets are your best ally if you want to control costs. Mercadona, Eroski and Lidl have prices similar to mainland Spain. Buying breakfast supplies and preparing some meals in your apartment can save you 30–40 € a day easily.
Weekly food budget for two people: between 250 € eating economically up to 700 € eating out every day.
Transport: Getting around the island
- Bus: 2–4 € per journey, around 40–60 €/week per person if you use it daily
- Car rental: 30–50 €/day in summer, plus around 30 € for petrol for the whole week
- Scooter: 25–40 €/day
- Short taxi ride (within the municipality): 8–15 €
- Long taxi ride (airport to Sant Antoni): up to 35 €
Activities and entertainment
Ibiza's beaches and coves are free, and that's one of the best things about this island. You can spend entire days enjoying the sea without spending a euro.
- Sun lounger with umbrella: 10–20 € per pair
- Boat excursion: 40–80 € per person depending on duration
- Kayak rental: 15–25 €/hour
- Nightclub entry: 20–60 € depending on event and day
- Dalt Vila, hippie markets, inland villages: completely free
Three real budgets for a week as a couple
Backpacker budget
Hostel, set menus, bus and free beaches.
Total approximate: 600–800 € for two people.
Mid-range budget
Tourist apartment, alternating eating out with cooking, car rental and some excursions.
Total approximate: 1,200–1,800 € for two people.
Comfortable budget
Four-star hotel, restaurants every day, car rental and various activities.
Total approximate: 2,500–3,500 € for two people.
In low season these budgets reduce significantly, sometimes even by half. Ibiza in May, June, September or October is spectacular and much more affordable.
Quick summary
- Accommodation: from 20 € (hostel) to 140 € (hotel) per night
- Food: from 35 €/day per couple (economical) to 100 €/day (restaurants)
- Transport: from 2 € (bus) to 50 €/day (car rental + petrol)
- Activities: free beaches, excursions from 40 €, clubs from 20 €
- Book in advance and travel in low season for maximum savings