Heading back first week in Sept (for the 9th Time)
We stay in a Villa (total holiday costs approx £2000 - so £400 each) for all 5 people (flights, Top class Villa with Private pool and Orange trees etc and the weeks Hire Car) - and we spend very little money on food/drink as we are about 200m away from the Hiper Market.
Have to say - I love the Island. As you can see from the amount of times we have returned. Yes, the clubs are expensive - and the drinks in the clubs are a rip off (but as we only go once in the week now) - it's hardly going to break the bank. The True Ibiza is a far cry from the Beer stained streets of San Antonio & theres loads of Other places to see.
If you eat out (and drink) in Retaurents - it will be roughly the same price as the UK (if not more expensive) - The days of cheap Spanish holidays ended this year. The only way it will be any cheaper is if you buy the Supermarket stuff and have Barbacues or cook yourself. It's the same all over Spain - and Ibiza will be just the same. Clubbing is definately a rip-off there - but the market is there, so the clubs can basically charge what they want.
Ibiza is what you make it. If you want it to be a bad holiday - or you don't research where you are going or the town/Hotel you are staying at - it's your own fault - it's a truely beautiful Island (and a lot nicer and cheaper than Majorca) - I know as I have just returned from there for the 3rd time
As i said, I have just returned from a Majorca Villa holiday and the Prices everywhere have increased shockingly ( I would say about 30% if not more). Nearly every tourist we chatted to was on about the prices (with a 2 course meal at night for 5 people costing 200 Euros sometimes) - I honestly don't know how a self catering family with 3 kids will ever be able to afford spain again to be honest (as it was bad enough for us in a villa cooking our own Breakfast and Lunches)