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Ibiza ranks No. 3 in Europe for car rental costs this summer

Jul. 23, 2026
By AI, Created 11:53 UTC, Jul 23, 2026, AGP -

Ibiza is one of Europe’s priciest places to rent a car in August 2026, with the cheapest weekly rental averaging €597, a survey from Cheapcarrental.com found. The ranking puts the Balearic island behind only Tromsø and Cagliari and well above lower-cost Spanish destinations such as Alicante, Malaga and Tenerife.

Why it matters: - Car rental prices can shape how expensive a trip feels once travelers land, especially in island and airport-dependent destinations. - The survey shows a sharp split across Europe, with some summer hotspots costing several hundred euros more per week than budget-friendly destinations.

What happened: - Cheapcarrental.com surveyed 60 European destinations for August 2026. - The comparison used each destination’s main airport as the pick-up and drop-off point. - Ibiza ranked third most expensive, with an average weekly price of €597 for the cheapest available rental car. - Tromsø in northern Norway ranked first at €821 per week. - Cagliari ranked second at €634 per week.

The details: - Menorca ranked seventh, with an average of €504 per week. - Mallorca was far cheaper at €235 per week. - Alicante, Malaga and Tenerife were among the least expensive destinations, with rental cars available for below €150 per week. - The 10 most expensive destinations, based on average weekly rates for the cheapest rental car available between August 1 and August 31, 2026, were Tromsø, Cagliari, Ibiza, Ireland West, Oslo, Reykjavik, Menorca, Bordeaux, Edinburgh and Cardiff. - The survey’s full results are available here.

Between the lines: - The results suggest that island destinations and smaller airport markets can carry a premium during peak summer travel. - Ibiza’s price sits well above other popular Spanish leisure destinations, signaling that demand, supply or both may be tighter there than on the mainland or in larger island markets.

What's next: - Travelers booking late for August 2026 will likely face the highest prices in the destinations near the top of the ranking. - Budget-conscious visitors can expect better value in destinations such as Alicante, Malaga and Tenerife, based on the survey.

The bottom line: - Ibiza is not just a pricey holiday spot. It is also one of Europe’s most expensive places to rent a car this summer.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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