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Side by side

Ibiza or Illes Balears?

Each place uses its own local data. National rules (economy, geopolitical stability, governance, tax & finance) are the same for both, so they cannot separate them. Neither wins everywhere; the tradeoffs below are what matter.

Data as of

City · Illes Balears

Ibiza

Quality of life58average
Momentum42average
Outlook–Spain-wide only
Pleasant weatherPricey rentInternational crowd

62nd of 153 Spanish cities above 50,000

Region

Illes Balears

Four sunlit islands, a tourism economy that runs on summer and a housing market that has outrun local wages.

Quality of life54average
Momentum78strong
Outlook–Spain-wide only
IslandsBeach islandsSummer-season economyYachtingBilingual: Catalan & SpanishInternational crowd

21st of 35 European metro regions

Ibiza is a city and Illes Balears a region. Each figure is that place’s own; scores compare each with its own peers (regions with regions, cities with cities), so read them side by side rather than as a contest.

Why Ibiza

  • House prices, change in a year: 2.7% vs 13.7%
  • Unemployment: 7.1% vs 8.8%
  • Rents, change in a year: 3.3% vs 4.0%

Why Illes Balears

  • Buying price per m²: €3,981 vs €5,473
  • Price of an 80 m² flat: €318,464 vs €437,864
  • Rent for a 70 m² flat: €673 a month vs €887 a month
  • Rent per m²: €9.6 a month vs €12.7 a month
  • Sea & sun & mountains on islands that are easy to fly to from northern Europe
  • Safe outdoorsy daily life and a large international community

Watch out: Some of the highest housing costs in Spain against ordinary local wages; A season-driven job market with many places shut from November to March.

Of 13 figures both publish in the same unit, Ibiza is better on 4 and Illes Balears on 6; the rest are close or have no better direction.

Life domains

92 · strongConnectivity–
87 · strongProsperity21 · weak
68 · above averageClimate–
62 · above averageJobs42 · average
44 · averageDigital–
35 · below averageHousing46 · average
29 · below averageSafety32 · below average
21 · weakHealthcare36 · below average
–Wellbeing78 · strong

Side by side, figure by figure

FigureIbizaIlles BalearsDifference
Housing
Rent per m²€12.7 a month2024€9.6 a month2024Ibiza 32% higher
Rent for a 70 m² flat€887 a month2024€673 a month2024Ibiza 32% higher
Typical rent, existing lease€915 a month2024€750 a month2024Ibiza 22% higher
Rents, change in a year3.3%20244.0%2024Ibiza 0.7 pts lower
Buying price per m²€5,473Q2 2026€3,981Q2 2026Ibiza 37% higher
Price of an 80 m² flat€437,864Q2 2026€318,464Q2 2026Ibiza 37% higher
House prices, change in a year2.7%Q2 202613.7%Q2 2026Ibiza 11.0 pts lower
Money & work
Unemployment7.1%20258.8%2025Ibiza 1.7 pts lower
Safety
Recorded crime85.6 per 1,000 people202467.9 per 1,000 people2025Ibiza 26% higher
Health
Life expectancy82.3 years202383.5 years2024about the same
Education
Adults with a university degree38%202435%2025Ibiza 2.8 pts higher
People
Population55,33720251,249,8442025Illes Balears 22.6×
Who lives here
Residents born abroad36.5%202528.7%2025Ibiza 7.8 pts higher

Who each suits, 0–100

72Beach, mountains and the outdoors–
61Young professionals46
61Founders and self-employed45
58Remote workers–
52Retirees42
52High earners and investors50
51Culture, food and nightlife52
38Students44
38Budget-conscious movers36
36Families with children34

Our read of each

Ibiza

  • Some English, but learn Spanish early
  • Catalan is co-official here
  • Air-conditioning is not a luxury
  • Keep an eye on your phone
  • Line up work before you come
  • Ready for remote work
  • A younger crowd

Illes Balears

  • English gets you by day to day
  • Catalan is co-official here
  • Line up work before you come

Data through Jun 2026 (Ibiza) and Jun 2026 (Illes Balears). Figures are compared only when both places publish them in the same unit; a dot marks the better value where better is clear.

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