Cost of Living Comparison Between Helsinki and Palma de Mallorca 

Indices DifferenceInfo
Consumer Prices in Palma de Mallorca are 20.9% lower than in Helsinki (without rent)
Consumer Prices Including Rent in Palma de Mallorca are 15.6% lower than in Helsinki
Rent Prices in Palma de Mallorca are 0.6% lower than in Helsinki
Restaurant Prices in Palma de Mallorca are 30.1% lower than in Helsinki
Groceries Prices in Palma de Mallorca are 28.0% lower than in Helsinki
Local Purchasing Power in Palma de Mallorca is 37.7% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Palma de Mallorca Edit Difference
Meal, Inexpensive Restaurant 15.00 € 13.00 €      -13.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 50.00 €      -44.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 11.00 €      +10.0 %
Domestic Beer (1 pint draught) 8.00 € 3.00 €      -62.5 %
Imported Beer (12 oz small bottle) 8.00 € 4.00 €      -50.0 %
Cappuccino (regular) 4.49 € 2.65 €      -41.0 %
Coke/Pepsi (12 oz small bottle) 2.69 € 2.62 €      -2.5 %
Water (12 oz small bottle) 1.83 € 2.08 €      +13.5 %
Markets
Helsinki Edit Palma de Mallorca Edit
Milk (regular), (1 gallon) 4.22 € 3.72 €      -12.0 %
Loaf of Fresh White Bread (1 lb) 2.57 € 1.16 €      -55.0 %
Rice (white), (1 lb) 1.16 € 0.78 €      -32.3 %
Eggs (regular) (12) 2.84 € 2.74 €      -3.7 %
Local Cheese (1 lb) 3.54 € 5.90 €      +66.7 %
Chicken Fillets (1 lb) 5.11 € 3.34 €      -34.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.42 € 6.21 €      -34.1 %
Apples (1 lb) 1.03 € 0.81 €      -22.0 %
Banana (1 lb) 0.79 € 0.86 €      +9.5 %
Oranges (1 lb) 1.01 € 0.64 €      -36.5 %
Tomato (1 lb) 1.80 € 1.11 €      -38.5 %
Potato (1 lb) 0.56 € 0.62 €      +10.0 %
Onion (1 lb) 0.82 € 0.79 €      -3.1 %
Lettuce (1 head) 1.92 € 1.10 €      -42.6 %
Water (1.5 liter bottle) 1.79 € 0.64 €      -64.5 %
Bottle of Wine (Mid-Range) 14.00 € 7.50 €      -46.4 %
Domestic Beer (0.5 liter bottle) 2.65 € 0.97 €      -63.4 %
Imported Beer (12 oz small bottle) 3.12 € 1.54 €      -50.6 %
Cigarettes 20 Pack (Marlboro) 10.30 € 5.50 €      -46.6 %
Transportation
Helsinki Edit Palma de Mallorca Edit
One-way Ticket (Local Transport) 3.10 € 2.00 €      -35.5 %
Monthly Pass (Regular Price) 67.00 € 37.00 €      -44.8 %
Taxi Start (Normal Tariff) 6.60 € 4.20 €      -36.4 %
Taxi 1 mile (Normal Tariff) 1.93 € 4.02 €      +108.3 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 21.40 €      -62.1 %
Gasoline (1 gallon) 7.23 € 6.32 €      -12.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 € 33,365.00 €      +4.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,060.53 € 23,250.00 €      -31.7 %
Utilities (Monthly)
Helsinki Edit Palma de Mallorca Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 104.86 € 204.11 €      +94.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.08 € 20.00 €      -17.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 18.82 € 36.10 €      +91.8 %
Sports And Leisure
Helsinki Edit Palma de Mallorca Edit
Fitness Club, Monthly Fee for 1 Adult 41.52 € 50.88 €      +22.5 %
Tennis Court Rent (1 Hour on Weekend) 26.47 € 17.60 €      -33.5 %
Cinema, International Release, 1 Seat 17.00 € 8.00 €      -52.9 %
Childcare
Helsinki Edit Palma de Mallorca Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 306.42 € 616.67 €      +101.3 %
International Primary School, Yearly for 1 Child 8,742.80 € 10,775.00 €      +23.2 %
Clothing And Shoes
Helsinki Edit Palma de Mallorca Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.63 € 82.33 €      +3.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.41 € 48.33 €      +64.3 %
1 Pair of Nike Running Shoes (Mid-Range) 71.66 € 77.71 €      +8.5 %
1 Pair of Men Leather Business Shoes 92.75 € 93.57 €      +0.9 %
Rent Per Month
Helsinki Edit Palma de Mallorca Edit
Apartment (1 bedroom) in City Centre 988.72 € 1,018.75 €      +3.0 %
Apartment (1 bedroom) Outside of Centre 796.17 € 833.33 €      +4.7 %
Apartment (3 bedrooms) in City Centre 1,767.50 € 1,635.71 €      -7.5 %
Apartment (3 bedrooms) Outside of Centre 1,284.80 € 1,318.75 €      +2.6 %
Buy Apartment Price
Helsinki Edit Palma de Mallorca Edit
Price per Square Feet to Buy Apartment in City Centre 686.10 € 382.76 €      -44.2 %
Price per Square Feet to Buy Apartment Outside of Centre 399.60 € 244.64 €      -38.8 %
Salaries And Financing
Helsinki Edit Palma de Mallorca Edit
Average Monthly Net Salary (After Tax) 2,837.76 € 1,493.75 €      -47.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 3.50      -2.3 %
Last update: April 2024March 2024
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