Cost of Living Comparison Between Palma de Mallorca and Ibiza 
| Indices Difference |  |
|---|---|
| Not enough data to calculate difference in Consumer Prices | |
| Not enough data to calculate difference in Consumer Prices Including Rent | |
| Rent Prices in Ibiza are 70.5% higher than in Palma de Mallorca | |
| Restaurant Prices in Ibiza are 19.7% higher than in Palma de Mallorca | |
| Not enough data to calculate difference in Groceries Prices | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Palma de Mallorca Edit |
Ibiza Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 13.50 € | 14.00 € | +3.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 50.00 € | 85.00 € | +70.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 11.50 € | 10.00 € | -13.0 % |
| Domestic Beer (1 pint draught) | 3.00 € | 3.50 € | +16.7 % |
| Imported Beer (12 oz small bottle) | 4.00 € | 4.00 € | 0.0 % |
| Cappuccino (regular) | 2.76 € | 2.67 € | -3.4 % |
| Coke/Pepsi (12 oz small bottle) | 2.59 € | 2.63 € | +1.8 % |
| Water (12 oz small bottle) | 2.08 € | 1.29 € | -38.0 % |
Markets | Palma de Mallorca Edit |
Ibiza Edit | |
| Milk (regular), (1 gallon) | 3.72 € | 4.54 € | +22.2 % |
| Loaf of Fresh White Bread (1 lb) | 1.16 € | 2.72 € | +135.3 % |
| Rice (white), (1 lb) | 0.76 € | 0.71 € | -7.1 % |
| Eggs (regular) (12) | 2.74 € | 3.00 € | +9.7 % |
| Local Cheese (1 lb) | 5.90 € | 8.16 € | +38.5 % |
| Chicken Fillets (1 lb) | 3.34 € | 2.72 € | -18.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.21 € | ? | |
| Apples (1 lb) | 0.81 € | 0.91 € | +12.7 % |
| Banana (1 lb) | 0.86 € | 0.91 € | +5.4 % |
| Oranges (1 lb) | 0.64 € | ? | |
| Tomato (1 lb) | 1.11 € | ? | |
| Potato (1 lb) | 0.62 € | ? | |
| Onion (1 lb) | 0.79 € | ? | |
| Lettuce (1 head) | 1.10 € | ? | |
| Water (1.5 liter bottle) | 0.64 € | 0.30 € | -52.8 % |
| Bottle of Wine (Mid-Range) | 7.50 € | 5.00 € | -33.3 % |
| Domestic Beer (0.5 liter bottle) | 0.97 € | 1.21 € | +25.0 % |
| Imported Beer (12 oz small bottle) | 1.54 € | 1.45 € | -5.8 % |
| Cigarettes 20 Pack (Marlboro) | 5.50 € | 4.80 € | -12.7 % |
Transportation | Palma de Mallorca Edit |
Ibiza Edit | |
| One-way Ticket (Local Transport) | 2.00 € | 2.00 € | 0.0 % |
| Monthly Pass (Regular Price) | 37.00 € | ? | |
| Taxi Start (Normal Tariff) | 4.20 € | 3.83 € | -8.9 % |
| Taxi 1 mile (Normal Tariff) | 4.02 € | 1.95 € | -51.6 % |
| Taxi 1hour Waiting (Normal Tariff) | 21.40 € | 23.00 € | +7.5 % |
| Gasoline (1 gallon) | 6.32 € | 6.15 € | -2.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 33,365.00 € | ? | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 23,250.00 € | ? | |
Utilities (Monthly) | Palma de Mallorca Edit |
Ibiza Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 204.11 € | 217.40 € | +6.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 20.00 € | 20.00 € | 0.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 36.10 € | 55.00 € | +52.4 % |
Sports And Leisure | Palma de Mallorca Edit |
Ibiza Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 50.88 € | 75.00 € | +47.4 % |
| Tennis Court Rent (1 Hour on Weekend) | 18.25 € | ? | |
| Cinema, International Release, 1 Seat | 8.00 € | 8.50 € | +6.2 % |
Childcare | Palma de Mallorca Edit |
Ibiza Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 616.67 € | ? | |
| International Primary School, Yearly for 1 Child | 10,775.00 € | ? | |
Clothing And Shoes | Palma de Mallorca Edit |
Ibiza Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 82.33 € | 68.67 € | -16.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.33 € | 47.00 € | -2.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 77.71 € | 71.67 € | -7.8 % |
| 1 Pair of Men Leather Business Shoes | 93.57 € | 100.00 € | +6.9 % |
Rent Per Month | Palma de Mallorca Edit |
Ibiza Edit | |
| Apartment (1 bedroom) in City Centre | 1,018.75 € | 2,000.00 € | +96.3 % |
| Apartment (1 bedroom) Outside of Centre | 833.33 € | 1,800.00 € | +116.0 % |
| Apartment (3 bedrooms) in City Centre | 1,635.71 € | 2,300.00 € | +40.6 % |
| Apartment (3 bedrooms) Outside of Centre | 1,318.75 € | 2,180.00 € | +65.3 % |
Buy Apartment Price | Palma de Mallorca Edit |
Ibiza Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 382.76 € | 242.73 € | -36.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 244.64 € | 306.58 € | +25.3 % |
Salaries And Financing | Palma de Mallorca Edit |
Ibiza Edit | |
| Average Monthly Net Salary (After Tax) | 1,464.29 € | 1,829.24 € | +24.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.50 | 3.50 | 0.0 % |
| Last update: | March 2024 | April 2024 | |
| Contributors in the past 12 months: | 42 | 14 |
Moving to Ibiza? Explore:
Cities near Palma de Mallorca: | Cost of Living in Pollença | 35.92 miles |
| Cost of Living in Ibiza | 84.48 miles |
Cities near Ibiza: | Cost of Living in Albacete | 232.56 miles |
| Cost of Living in Cuenca | 245.83 miles |