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Budget for Travelers in Ibiza

How much money do you need in a day in Ibiza (Spain)?

  • Budget low cost traveler*= 52.27€
  • 👪Travel budget for a family of 1 children= 192.65€
  • Travel budget for a family of 3 children= 352.90€

* Low cost travel budget (1 person for 1 day): this budget is adjusted for a backpacker and consists of 2 meals (on the street or in the market), one night in a hostel or hostel, two bottles of water, a beer and 1 metro or bus ticket.

Important data from Spain

  • Inflation 2017= 0.0111
  • Inflation 2018= 0.0118
  • Income per capita= 27,627.30€
  • Unemployment Rate= 14%
  • Number of inhabitants= 46,441,049
  • Annual population growth= 0.00
  • Annual growth of the total population= 43,597
  • Population density/Km2= 93
  • Area in km2= 498,800
  • Number of migrants= 40,000

Quality Indices in Spain

  • Happiness index= 6.31
  • Income per capita index= 1.25
  • Social security index= 1.61
  • Life expectancy index= 0.96
  • Individual’s freedom index= 0.50
  • Generosity Index= 0.14
  • Corruption perception index= 0.07