Accommodation is often the biggest difference. In Mallorca, a comfortable mid-range hotel room usually costs around €120–200 per night, while similar hotels in Ibiza often from €180–300 per night.
Dining - in Mallorca, a meal at a casual restaurant typically costs €15–25 per person, while in Ibiza similar meals may range between €20–35. Prices increase significantly at Ibiza’s famous beach clubs, where lunch and drinks can easily exceed €80–120 per person.
Transportation and everyday expenses tend to follow a similar pattern. Car rentals, taxis, and activities are generally slightly cheaper in Mallorca.
Overall, while both islands can be expensive during peak season, Mallorca usually offers better value for money.