Cost of Living Comparison Between New York, NY and Palma de Mallorca 
| Indices Difference |  |
|---|---|
| Consumer Prices in Palma de Mallorca are 46.1% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Palma de Mallorca are 59.3% lower than in New York, NY | |
| Rent Prices in Palma de Mallorca are 73.8% lower than in New York, NY | |
| Restaurant Prices in Palma de Mallorca are 50.2% lower than in New York, NY | |
| Groceries Prices in Palma de Mallorca are 52.2% lower than in New York, NY | |
| Local Purchasing Power in Palma de Mallorca is 33.3% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Palma de Mallorca Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.99 €) |
14.47 $ (13.50 €) |
-51.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (121.30 €) |
53.59 $ (50.00 €) |
-58.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.20 €) |
12.33 $ (11.50 €) |
+2.7 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.46 €) |
3.22 $ (3.00 €) |
-59.8 % |
| Imported Beer (12 oz small bottle) |
10.50 $ (9.80 €) |
4.29 $ (4.00 €) |
-59.2 % |
| Cappuccino (regular) |
5.56 $ (5.19 €) |
2.96 $ (2.76 €) |
-46.8 % |
| Coke/Pepsi (12 oz small bottle) |
3.14 $ (2.93 €) |
2.77 $ (2.59 €) |
-11.7 % |
| Water (12 oz small bottle) |
2.27 $ (2.12 €) |
2.22 $ (2.08 €) |
-2.2 % |
Markets | New York, NY Edit |
Palma de Mallorca Edit | |
| Milk (regular), (1 gallon) |
5.66 $ (5.28 €) |
3.98 $ (3.72 €) |
-29.6 % |
| Loaf of Fresh White Bread (1 lb) |
4.34 $ (4.05 €) |
1.24 $ (1.16 €) |
-71.5 % |
| Rice (white), (1 lb) |
3.22 $ (3.01 €) |
0.82 $ (0.76 €) |
-74.6 % |
| Eggs (regular) (12) |
5.25 $ (4.89 €) |
2.93 $ (2.74 €) |
-44.1 % |
| Local Cheese (1 lb) |
7.57 $ (7.06 €) |
6.32 $ (5.90 €) |
-16.5 % |
| Chicken Fillets (1 lb) |
6.93 $ (6.47 €) |
3.58 $ (3.34 €) |
-48.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.68 $ (8.09 €) |
6.66 $ (6.21 €) |
-23.3 % |
| Apples (1 lb) |
3.10 $ (2.89 €) |
0.86 $ (0.81 €) |
-72.2 % |
| Banana (1 lb) |
0.92 $ (0.86 €) |
0.92 $ (0.86 €) |
-0.1 % |
| Oranges (1 lb) |
2.59 $ (2.42 €) |
0.69 $ (0.64 €) |
-73.5 % |
| Tomato (1 lb) |
2.81 $ (2.63 €) |
1.19 $ (1.11 €) |
-57.9 % |
| Potato (1 lb) |
1.81 $ (1.69 €) |
0.66 $ (0.62 €) |
-63.6 % |
| Onion (1 lb) |
1.63 $ (1.52 €) |
0.85 $ (0.79 €) |
-47.7 % |
| Lettuce (1 head) |
2.88 $ (2.68 €) |
1.18 $ (1.10 €) |
-59.0 % |
| Water (1.5 liter bottle) |
2.41 $ (2.24 €) |
0.68 $ (0.64 €) |
-71.7 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.66 €) |
8.04 $ (7.50 €) |
-59.8 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (2.36 €) |
1.04 $ (0.97 €) |
-58.9 % |
| Imported Beer (12 oz small bottle) |
3.81 $ (3.55 €) |
1.65 $ (1.54 €) |
-56.6 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.86 €) |
5.89 $ (5.50 €) |
-65.3 % |
Transportation | New York, NY Edit |
Palma de Mallorca Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.71 €) |
2.14 $ (2.00 €) |
-26.1 % |
| Monthly Pass (Regular Price) |
132.00 $ (123.16 €) |
39.65 $ (37.00 €) |
-70.0 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.67 €) |
4.50 $ (4.20 €) |
-10.0 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.27 €) |
4.31 $ (4.02 €) |
+23.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 $ (27.99 €) |
22.94 $ (21.40 €) |
-23.5 % |
| Gasoline (1 gallon) |
3.84 $ (3.58 €) |
6.78 $ (6.32 €) |
+76.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,000.00 $ (26,125.46 €) |
35,758.99 $ (33,365.00 €) |
+27.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,049.17 $ (25,238.28 €) |
24,918.23 $ (23,250.00 €) |
-7.9 % |
Utilities (Monthly) | New York, NY Edit |
Palma de Mallorca Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
183.18 $ (170.92 €) |
218.76 $ (204.11 €) |
+19.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
64.70 $ (60.37 €) |
21.44 $ (20.00 €) |
-66.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
70.31 $ (65.60 €) |
38.69 $ (36.10 €) |
-45.0 % |
Sports And Leisure | New York, NY Edit |
Palma de Mallorca Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
132.14 $ (123.30 €) |
54.53 $ (50.88 €) |
-58.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
74.17 $ (69.20 €) |
19.56 $ (18.25 €) |
-73.6 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.66 €) |
8.57 $ (8.00 €) |
-57.1 % |
Childcare | New York, NY Edit |
Palma de Mallorca Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,065.64 $ (2,860.40 €) |
660.91 $ (616.67 €) |
-78.4 % |
| International Primary School, Yearly for 1 Child |
63,250.00 $ (59,015.54 €) |
11,548.12 $ (10,775.00 €) |
-81.7 % |
Clothing And Shoes | New York, NY Edit |
Palma de Mallorca Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
69.68 $ (65.02 €) |
88.24 $ (82.33 €) |
+26.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
45.42 $ (42.38 €) |
51.80 $ (48.33 €) |
+14.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
96.74 $ (90.26 €) |
83.29 $ (77.71 €) |
-13.9 % |
| 1 Pair of Men Leather Business Shoes |
161.86 $ (151.02 €) |
100.29 $ (93.57 €) |
-38.0 % |
Rent Per Month | New York, NY Edit |
Palma de Mallorca Edit | |
| Apartment (1 bedroom) in City Centre |
4,162.14 $ (3,883.49 €) |
1,091.85 $ (1,018.75 €) |
-73.8 % |
| Apartment (1 bedroom) Outside of Centre |
2,834.25 $ (2,644.50 €) |
893.13 $ (833.33 €) |
-68.5 % |
| Apartment (3 bedrooms) in City Centre |
8,250.20 $ (7,697.87 €) |
1,753.08 $ (1,635.71 €) |
-78.8 % |
| Apartment (3 bedrooms) Outside of Centre |
4,403.20 $ (4,108.41 €) |
1,413.37 $ (1,318.75 €) |
-67.9 % |
Buy Apartment Price | New York, NY Edit |
Palma de Mallorca Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,644.57 $ (1,534.47 €) |
410.22 $ (382.76 €) |
-75.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,091.71 $ (1,018.63 €) |
262.20 $ (244.64 €) |
-76.0 % |
Salaries And Financing | New York, NY Edit |
Palma de Mallorca Edit | |
| Average Monthly Net Salary (After Tax) |
5,775.52 $ (5,388.86 €) |
1,569.35 $ (1,464.29 €) |
-72.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.68 | 3.50 | -47.6 % |
| Last update: | May 2024 | March 2024 | |
| Contributors in the past 12 months: | 490 | 42 |
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