Ibiza ranks third in Europe for summer car rental costs

Ibiza is among Europe’s priciest places to rent a car this summer, with average weekly rates for the cheapest available vehicle reaching €597, according to a Cheapcarrental.com survey of 60 destinations. The finding puts the Balearic island behind only Tromsø and Cagliari as tourists face higher transport costs across several popular vacation spots.

Why it matters: - Car rental costs can materially change the price of a trip, especially in island and airport-dependent destinations. - Ibiza’s ranking signals that travelers heading to the Balearics may face some of Europe’s steepest summer mobility costs. - The survey also shows a wide price gap across Spanish holiday destinations, with Mallorca far cheaper than Ibiza and Menorca.

What happened: - Cheapcarrental.com surveyed prices in 60 European destinations for August 2026. - The comparison used each destination’s main airport as the pick-up and drop-off point. - Ibiza ranked 3rd most expensive, with the cheapest available rental car averaging €597 per week. - Tromsø in Northern Norway ranked 1st at €821 per week. - Cagliari ranked 2nd at €634 per week.

The details: - Menorca ranked 7th most expensive at €504 per week. - Mallorca averaged €235 per week, making it notably less expensive than Ibiza and Menorca. - Ireland West ranked 4th at €532 per week. - Oslo ranked 5th at €516 per week. - Reykjavik ranked 6th at €515 per week. - Bordeaux ranked 8th at €455 per week. - Edinburgh ranked 9th at €441 per week. - Cardiff ranked 10th at €439 per week. - The survey’s prices reflect average weekly rates for the most affordable rental car available between August 1 and August 31, 2026. - Alicante, Malaga and Tenerife were among the least expensive destinations, with rental cars available for below €150 per week. - The full survey results are available here.

Between the lines: - High-demand leisure markets and remote destinations tend to carry premium rental prices, especially in peak summer periods. - The gap between Ibiza and Mallorca suggests that even within the same regional market, supply and demand can create sharply different travel costs.

What's next: - Travelers planning August trips will likely keep comparing airport pickup prices well before booking. - Peak-season rental rates may remain elevated in island destinations unless supply increases or demand cools.

The bottom line: - Ibiza is one of Europe’s most expensive summer car rental markets, and the Balearics show how sharply prices can vary from one island to the next.