Cost of Living Comparison Between Helsinki and Palma de Mallorca 

Indices DifferenceInfo
Cost of Living in Palma de Mallorca is 20.9% lower than in Helsinki (without rent)
Cost of Living Including Rent in Palma de Mallorca is 16.3% lower than in Helsinki
Rent Prices in Palma de Mallorca are 1.7% lower than in Helsinki
Restaurant Prices in Palma de Mallorca are 26.0% lower than in Helsinki
Groceries Prices in Palma de Mallorca are 28.8% lower than in Helsinki
Local Purchasing Power in Palma de Mallorca is 34.2% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Palma de Mallorca Edit Difference
Meal, Inexpensive Restaurant 16.00 € 14.00 €      -12.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 50.00 €      -44.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 12.00 €      +20.0 %
Domestic Beer (1 pint draught) 8.00 € 3.25 €      -59.4 %
Imported Beer (12 oz small bottle) 8.00 € 4.00 €      -50.0 %
Cappuccino (regular) 4.46 € 2.89 €      -35.2 %
Coke/Pepsi (12 oz small bottle) 2.69 € 2.72 €      +1.1 %
Water (12 oz small bottle) 1.84 € 2.26 €      +23.0 %
Markets
Helsinki Edit Palma de Mallorca Edit
Milk (regular), (1 gallon) 4.70 € 3.77 €      -19.8 %
Loaf of Fresh White Bread (1 lb) 2.49 € 1.30 €      -47.7 %
Rice (white), (1 lb) 1.18 € 0.68 €      -42.4 %
Eggs (regular) (12) 2.95 € 2.76 €      -6.2 %
Local Cheese (1 lb) 3.63 € 5.97 €      +64.6 %
Chicken Fillets (1 lb) 5.36 € 3.63 €      -32.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.77 € 6.04 €      -38.2 %
Apples (1 lb) 1.05 € 0.81 €      -23.0 %
Banana (1 lb) 0.80 € 0.80 €      -0.0 %
Oranges (1 lb) 0.99 € 0.68 €      -31.9 %
Tomato (1 lb) 1.75 € 1.10 €      -37.4 %
Potato (1 lb) 0.52 € 0.68 €      +30.6 %
Onion (1 lb) 0.79 € 0.78 €      -0.4 %
Lettuce (1 head) 2.01 € 1.12 €      -44.3 %
Water (1.5 liter bottle) 1.83 € 0.59 €      -68.1 %
Bottle of Wine (Mid-Range) 14.00 € 7.00 €      -50.0 %
Domestic Beer (0.5 liter bottle) 2.74 € 1.01 €      -63.1 %
Imported Beer (12 oz small bottle) 3.15 € 1.59 €      -49.4 %
Cigarettes 20 Pack (Marlboro) 10.45 € 5.50 €      -47.4 %
Transportation
Helsinki Edit Palma de Mallorca Edit
One-way Ticket (Local Transport) 2.95 € 2.00 €      -32.2 %
Monthly Pass (Regular Price) 66.60 € 38.00 €      -42.9 %
Taxi Start (Normal Tariff) 6.75 € 4.35 €      -35.6 %
Taxi 1 mile (Normal Tariff) 1.97 € 4.83 €      +144.9 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 20.70 €      -63.3 %
Gasoline (1 gallon) 7.20 € 6.28 €      -12.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,644.50 € 33,365.00 €      +5.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,845.64 € 23,250.00 €      -31.3 %
Utilities (Monthly)
Helsinki Edit Palma de Mallorca Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 118.94 € 215.22 €      +81.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.57 € 20.00 €      -18.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20.75 € 36.10 €      +74.0 %
Sports And Leisure
Helsinki Edit Palma de Mallorca Edit
Fitness Club, Monthly Fee for 1 Adult 42.08 € 52.70 €      +25.2 %
Tennis Court Rent (1 Hour on Weekend) 23.95 € 18.25 €      -23.8 %
Cinema, International Release, 1 Seat 17.00 € 8.25 €      -51.5 %
Childcare
Helsinki Edit Palma de Mallorca Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 311.23 € 616.67 €      +98.1 %
International Primary School, Yearly for 1 Child 8,365.60 € 12,125.00 €      +44.9 %
Clothing And Shoes
Helsinki Edit Palma de Mallorca Edit
1 Pair of Jeans (Levis 501 Or Similar) 88.34 € 84.17 €      -4.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.72 € 54.17 €      +76.3 %
1 Pair of Nike Running Shoes (Mid-Range) 77.63 € 77.88 €      +0.3 %
1 Pair of Men Leather Business Shoes 100.91 € 90.62 €      -10.2 %
Rent Per Month
Helsinki Edit Palma de Mallorca Edit
Apartment (1 bedroom) in City Centre 1,016.14 € 1,000.00 €      -1.6 %
Apartment (1 bedroom) Outside of Centre 814.82 € 855.00 €      +4.9 %
Apartment (3 bedrooms) in City Centre 1,760.52 € 1,593.75 €      -9.5 %
Apartment (3 bedrooms) Outside of Centre 1,300.71 € 1,361.11 €      +4.6 %
Buy Apartment Price
Helsinki Edit Palma de Mallorca Edit
Price per Square Feet to Buy Apartment in City Centre 692.74 € 456.55 €      -34.1 %
Price per Square Feet to Buy Apartment Outside of Centre 405.37 € 289.55 €      -28.6 %
Salaries And Financing
Helsinki Edit Palma de Mallorca Edit
Average Monthly Net Salary (After Tax) 2,688.47 € 1,481.25 €      -44.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.69 3.53      -4.3 %
Last update: July 2024July 2024
Contributors in the past 12 months:24344