Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
Both cities are about equally easy to travel. Biggest gap: rip-offs & haggling โ Ibiza 3 vs Las Palmas 2. Closer to 1 is easier. Difficulty ranking โบ
| Item | Ibiza | Las Palmas | Cheaper |
|---|---|---|---|
| Local mealper person | โฌ 16$18.6 | โฌ 13$15.1 | Las Palmas โ19% |
| Street food1 item | โฌ 6$6.98 | โฌ 5$5.81 | Las Palmas โ17% |
| Restaurant dinnerper person | โฌ 35$40.7 | โฌ 28$32.6 | Las Palmas โ20% |
| Coffeeone cup | โฌ 2.8$3.26 | โฌ 1.8$2.09 | Las Palmas โ36% |
| Beerone bottle | โฌ 5$5.81 | โฌ 2.8$3.26 | Las Palmas โ44% |
| Cocktail & wineone cup | โฌ 10$11.6 | โฌ 6$6.98 | Las Palmas โ40% |
| Bottled water | โฌ 1.2$1.4 | โฌ 0.7$0.81 | Las Palmas โ42% |
| Convenience store1 snack or drink | โฌ 1.5$1.74 | โฌ 1.5$1.74 | similar |
| Taxi5 km in town | โฌ 11$12.8 | โฌ 7.3$8.49 | Las Palmas โ34% |
| Tuk-tuk / moto taxishort hop | โฌ 8$9.3 | โฌ 5$5.81 | Las Palmas โ38% |
| Transitone ride | โฌ 2$2.33 | โฌ 1.4$1.63 | Las Palmas โ30% |
| Scooter rentalper day | โฌ 25$29.1 | โฌ 25$29.1 | similar |
| Hotel night3-star | โฌ 140$163 | โฌ 105$122 | Las Palmas โ25% |
| Studio rent (month) | โฌ 1,800$2,093 | โฌ 820$953 | Las Palmas โ54% |
| Laundry | โฌ 8$9.3 | โฌ 3$3.49 | Las Palmas โ62% |
| SIM card1 week data | โฌ 15$17.4 | โฌ 10$11.6 | Las Palmas โ33% |
| Haircutcut | โฌ 18$20.9 | โฌ 12$14 | Las Palmas โ33% |
| Massage1 hour | โฌ 65$75.6 | โฌ 40$46.5 | Las Palmas โ38% |
| Half-day tourper person | โฌ 50$58.1 | โฌ 40$46.5 | Las Palmas โ20% |
| Entry ticketTourist town | โฌ 4$4.65 | โฌ 10$11.6 | Ibiza โ60% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
Las Palmas is 35% cheaper than Ibiza. Daily budget $305 vs $231; a month $7,722 vs $4,166.
About the same: Ibiza 2.4/5, Las Palmas 2.2/5 (average of rip-offs, language, transport, payments and safety).
With a short-term studio and living costs, Ibiza is about $7,722 and Las Palmas about $4,166 per month.
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.