Cost of Living Comparison Between New York, NY and Palma de Mallorca 
| Indices Difference |  |
|---|---|
| Cost of Living in Palma de Mallorca is 47.9% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Palma de Mallorca is 60.8% lower than in New York, NY | |
| Rent Prices in Palma de Mallorca are 76.1% lower than in New York, NY | |
| Restaurant Prices in Palma de Mallorca are 44.2% lower than in New York, NY | |
| Groceries Prices in Palma de Mallorca are 51.1% lower than in New York, NY | |
| Local Purchasing Power in Palma de Mallorca is 24.4% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Palma de Mallorca Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.63 €) |
15.20 $ (14.00 €) |
-49.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
125.00 $ (115.12 €) |
54.29 $ (50.00 €) |
-56.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.05 €) |
13.03 $ (12.00 €) |
+8.6 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.37 €) |
3.53 $ (3.25 €) |
-55.9 % |
| Imported Beer (12 oz small bottle) |
10.00 $ (9.21 €) |
4.34 $ (4.00 €) |
-56.6 % |
| Cappuccino (regular) |
5.71 $ (5.26 €) |
3.14 $ (2.89 €) |
-45.0 % |
| Coke/Pepsi (12 oz small bottle) |
3.06 $ (2.81 €) |
2.95 $ (2.72 €) |
-3.5 % |
| Water (12 oz small bottle) |
2.30 $ (2.12 €) |
2.46 $ (2.26 €) |
+6.9 % |
Markets | New York, NY Edit |
Palma de Mallorca Edit | |
| Milk (regular), (1 gallon) |
5.51 $ (5.08 €) |
4.09 $ (3.77 €) |
-25.8 % |
| Loaf of Fresh White Bread (1 lb) |
4.24 $ (3.91 €) |
1.41 $ (1.30 €) |
-66.7 % |
| Rice (white), (1 lb) |
3.36 $ (3.10 €) |
0.74 $ (0.68 €) |
-78.0 % |
| Eggs (regular) (12) |
5.17 $ (4.76 €) |
3.00 $ (2.76 €) |
-41.9 % |
| Local Cheese (1 lb) |
7.58 $ (6.98 €) |
6.49 $ (5.97 €) |
-14.4 % |
| Chicken Fillets (1 lb) |
6.65 $ (6.12 €) |
3.94 $ (3.63 €) |
-40.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.80 $ (8.10 €) |
6.56 $ (6.04 €) |
-25.5 % |
| Apples (1 lb) |
3.10 $ (2.85 €) |
0.88 $ (0.81 €) |
-71.7 % |
| Banana (1 lb) |
0.95 $ (0.88 €) |
0.87 $ (0.80 €) |
-8.6 % |
| Oranges (1 lb) |
2.69 $ (2.48 €) |
0.73 $ (0.68 €) |
-72.7 % |
| Tomato (1 lb) |
2.73 $ (2.51 €) |
1.19 $ (1.10 €) |
-56.4 % |
| Potato (1 lb) |
1.72 $ (1.59 €) |
0.74 $ (0.68 €) |
-56.9 % |
| Onion (1 lb) |
1.73 $ (1.59 €) |
0.85 $ (0.78 €) |
-50.9 % |
| Lettuce (1 head) |
3.19 $ (2.94 €) |
1.22 $ (1.12 €) |
-61.9 % |
| Water (1.5 liter bottle) |
2.36 $ (2.18 €) |
0.64 $ (0.59 €) |
-73.1 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.42 €) |
7.60 $ (7.00 €) |
-62.0 % |
| Domestic Beer (0.5 liter bottle) |
2.75 $ (2.53 €) |
1.09 $ (1.01 €) |
-60.2 % |
| Imported Beer (12 oz small bottle) |
3.69 $ (3.40 €) |
1.73 $ (1.59 €) |
-53.1 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.66 €) |
5.97 $ (5.50 €) |
-64.9 % |
Transportation | New York, NY Edit |
Palma de Mallorca Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.67 €) |
2.17 $ (2.00 €) |
-25.1 % |
| Monthly Pass (Regular Price) |
132.00 $ (121.56 €) |
41.26 $ (38.00 €) |
-68.7 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.60 €) |
4.72 $ (4.35 €) |
-5.5 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.22 €) |
5.24 $ (4.83 €) |
+49.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (31.31 €) |
22.48 $ (20.70 €) |
-33.9 % |
| Gasoline (1 gallon) |
3.83 $ (3.52 €) |
6.82 $ (6.28 €) |
+78.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (32,232.27 €) |
36,230.00 $ (33,365.00 €) |
+3.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,263.92 $ (26,028.86 €) |
25,246.44 $ (23,250.00 €) |
-10.7 % |
Utilities (Monthly) | New York, NY Edit |
Palma de Mallorca Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
171.22 $ (157.68 €) |
233.70 $ (215.22 €) |
+36.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
67.93 $ (62.56 €) |
21.72 $ (20.00 €) |
-68.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
66.81 $ (61.53 €) |
39.20 $ (36.10 €) |
-41.3 % |
Sports And Leisure | New York, NY Edit |
Palma de Mallorca Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
145.60 $ (134.09 €) |
57.23 $ (52.70 €) |
-60.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
74.38 $ (68.49 €) |
19.82 $ (18.25 €) |
-73.4 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.42 €) |
8.96 $ (8.25 €) |
-55.2 % |
Childcare | New York, NY Edit |
Palma de Mallorca Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,168.00 $ (2,917.48 €) |
669.62 $ (616.67 €) |
-78.9 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (53,413.48 €) |
13,166.15 $ (12,125.00 €) |
-77.3 % |
Clothing And Shoes | New York, NY Edit |
Palma de Mallorca Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.96 $ (63.51 €) |
91.39 $ (84.17 €) |
+32.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
47.05 $ (43.33 €) |
58.82 $ (54.17 €) |
+25.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
103.86 $ (95.65 €) |
84.56 $ (77.88 €) |
-18.6 % |
| 1 Pair of Men Leather Business Shoes |
164.12 $ (151.15 €) |
98.41 $ (90.62 €) |
-40.0 % |
Rent Per Month | New York, NY Edit |
Palma de Mallorca Edit | |
| Apartment (1 bedroom) in City Centre |
4,272.10 $ (3,934.27 €) |
1,085.87 $ (1,000.00 €) |
-74.6 % |
| Apartment (1 bedroom) Outside of Centre |
3,043.09 $ (2,802.45 €) |
928.42 $ (855.00 €) |
-69.5 % |
| Apartment (3 bedrooms) in City Centre |
9,416.82 $ (8,672.16 €) |
1,730.60 $ (1,593.75 €) |
-81.6 % |
| Apartment (3 bedrooms) Outside of Centre |
5,102.76 $ (4,699.24 €) |
1,477.99 $ (1,361.11 €) |
-71.0 % |
Buy Apartment Price | New York, NY Edit |
Palma de Mallorca Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,895.65 $ (1,745.75 €) |
495.75 $ (456.55 €) |
-73.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,589.81 $ (1,464.09 €) |
314.41 $ (289.55 €) |
-80.2 % |
Salaries And Financing | New York, NY Edit |
Palma de Mallorca Edit | |
| Average Monthly Net Salary (After Tax) |
5,426.68 $ (4,997.55 €) |
1,608.44 $ (1,481.25 €) |
-70.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.24 | 3.53 | -51.2 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 513 | 44 |
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| Cost of Living in Bergen County, New Jersey | 20.13 miles |
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