Question 1

How far does your money go in Ibiza compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 1.4x further in Ibiza. We are using the country-level cost index for Spain here because a defensible city-level aggregate index is not available yet.

Question 2

Is Ibiza cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 48% cheaper than New York City for Ibiza. We are using the country-level cost index for Spain here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Ibiza compare with New York City?

Accepted Answer

Rent are about 77% cheaper than New York City in Ibiza. We are using the country-level cost index for Spain here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Ibiza?

Accepted Answer

Groceries are about 49% cheaper than New York City and restaurant prices are about 45% cheaper than New York City. We are using the country-level cost index for Spain here because a defensible city-level aggregate index is not available yet.

Ibiza, Spain

Purchasing Power vs. United States

How Far Your Money Goes

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