Best Balearic Island for Living
Deciding the ideal Balearic Island to call home can be tough. These islands have long been attractive to expats seeking a sunny, laid-back lifestyle. Each island offers unique charms:
- Mallorca: Known for its vibrant expat community, especially from the UK and Germany, Mallorca is favored for its excellent healthcare, international schools, and cultural scene.
- Menorca: Quieter and less crowded, Menorca is more about tranquility and natural beauty.
- Ibiza: Famous for its nightlife, Ibiza also appeals to artists and those seeking a bohemian lifestyle.
Cost of Living Comparison (2023)
Accommodation Costs
- Mallorca: Rent for a one-bedroom flat in the city center is around €1,000 per month; a three-bedroom flat is about €2,000. Buying property costs about €3,700 per square meter.
- Menorca: A one-bedroom flat costs around €800 per month, and a three-bedroom flat about €1,500. Buying property is approximately €2,800 per square meter.
- Ibiza: Similar to Mallorca, with a one-bedroom flat costing about €1,000 per month and a three-bedroom flat around €2,000. Property prices are around €3,000 per square meter.
Food and Groceries
- Mallorca: Lunch at a cheap restaurant costs about €12; a mid-range three-course meal for two is around €50.
- Menorca: Lunch is cheaper at around €10; a mid-range three-course meal for two costs €40.
- Ibiza: Lunch costs about €15, with a mid-range three-course meal for two costing €60.
Transport Costs
- Mallorca: Public transport (single ticket) costs €1.50; initial taxi fare is €3.15; car hire per day ranges from €30-€50.
- Menorca: Public transport costs €1.75; initial taxi fare is €4.00; car hire per day ranges from €25-€40.
- Ibiza: Public transport costs €2.00; initial taxi fare is €4.50; car hire per day ranges from €35-€60.
Entertainment and Lifestyle
- Mallorca: Offers a range of family entertainment, cultural activities, golfing, and yachting.
- Menorca: Known for its peaceful lifestyle, hiking, and natural beauty.
- Ibiza: Famous for its nightlife, but also offers beautiful beaches and cultural activities.