Ibiza ranks No. 3 among Europe’s priciest car rental spots

Ibiza is the third most expensive place to rent a car in Europe this summer, with the cheapest weekly rental averaging €597, according to a survey of 60 destinations for August 2026. The findings highlight a wide price gap across the Balearic Islands, with Mallorca far cheaper and Menorca also among the continent’s top-cost locations.

Why it matters: - Travelers heading to Ibiza should budget more for transport, with car hire costs far above many other European holiday spots. - The survey shows sharp differences even within the Balearic Islands, which may affect trip planning and total vacation costs. - More information is available in the full survey results.

What happened: - Cheapcarrental.com surveyed car rental prices across 60 European destinations for August 2026. - The comparison used each destination’s main airport as the pickup and drop-off point. - Ibiza ranked No. 3 on the list of Europe’s most expensive rental destinations. - The cheapest available rental car in Ibiza averaged €597 per week. - Tromsø in northern Norway ranked first at €821 per week.

The details: - Menorca ranked seventh, with an average weekly rate of €504. - Mallorca was much 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 were Tromsø (€821), Cagliari (€634), Ibiza (€597), Ireland West (€532), Oslo (€516), Reykjavik (€515), Menorca (€504), Bordeaux (€455), Edinburgh (€441) and Cardiff (€439). - The listed prices reflect average weekly rates for the most affordable rental car available between August 1 and August 31, 2026.

Between the lines: - The results suggest that summer rental pricing is being driven less by broad regional trends and more by local demand at specific airports. - Ibiza’s position near the top of the ranking reinforces its status as a high-cost destination during peak travel season.

What's next: - Travelers visiting Europe in August 2026 will likely need to compare rental options early to avoid higher prices. - Further price differences may emerge as peak-season demand builds at major leisure airports.

The bottom line: - Ibiza is one of Europe’s most expensive places to rent a car this summer, and the rest of the Balearic Islands show that nearby destinations can vary sharply in price.