Cost of Living in Palma de Mallorca
Summary of cost of living in Palma de Mallorca, Spain:
- The estimated monthly costs for a family of four are 3,392.9$ (2,920.6€), excluding rent (using our estimator).
- The estimated monthly costs for a single person are 965.4$ (831.0€), excluding rent.
- Palma de Mallorca is 13.8% less expensive than Austin (excluding rent, see our cost of living index).
- Rent in Palma de Mallorca is, on average, 37.2% lower than in Austin.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | 15.00 € | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 60.00 € | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 12.00 € | |
| Domestic Draft Beer (1 Pint) | 4.00 € | |
| Imported Beer (12 oz Small Bottle) | 3.00 € | |
| Cappuccino (Regular Size) | 2.75 € | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | 2.42 € | |
| Bottled Water (12 oz) | 2.40 € | |
Markets | Edit |
|
| Milk (Regular, 1 Liter) | 1.18 € | |
| Fresh White Bread (1 lb Loaf) | 1.07 € | |
| White Rice (1 lb) | 0.67 € | |
| Eggs (12, Large Size) | 3.10 € | |
| Local Cheese (1 lb) | 6.35 € | |
| Chicken Fillets (1 lb) | 3.55 € | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | 6.22 € | |
| Apples (1 lb) | 1.04 € | |
| Bananas (1 lb) | 0.73 € | |
| Oranges (1 lb) | 0.73 € | |
| Tomatoes (1 lb) | 1.15 € | |
| Potatoes (1 lb) | 0.71 € | |
| Onions (1 lb) | 0.84 € | |
| Lettuce (1 Head) | 1.16 € | |
| Bottled Water (50 oz) | 0.59 € | |
| Bottle of Wine (Mid-Range) | 6.00 € | |
| Domestic Beer (16.9 oz Bottle) | 1.18 € | |
| Imported Beer (12 oz Small Bottle) | 1.55 € | |
| Cigarettes (Pack of 20, Marlboro) | 6.00 € | |
Transportation | Edit |
|
| One-Way Ticket (Local Transport) | 2.00 € | |
| Monthly Public Transport Pass (Regular Price) | 37.50 € | |
| Taxi Start (Standard Tariff) | 4.45 € | |
| Taxi 1 mile (Standard Tariff) | 2.09 € | |
| Taxi 1 Hour Waiting (Standard Tariff) | 20.70 € | |
| Gasoline (1 Liter) | 1.57 € | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 31,500.00 € | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 27,992.86 € | |
Utilities (Monthly) | Edit |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | 215.62 € | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 15.00 € | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 37.50 € | |
Sports And Leisure | Edit |
|
| Monthly Fitness Club Membership | 51.17 € | |
| Tennis Court Rental (1 Hour, Weekend) | 19.00 € | |
| Cinema Ticket (International Release) | 8.50 € | |
Childcare | Edit |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 551.67 € | |
| International Primary School, Annual Tuition per Child | 9,416.67 € | |
Clothing And Shoes | Edit |
|
| Jeans (Levi's 501 or Similar) | 80.00 € | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 61.25 € | |
| Nike Running Shoes (Mid-Range) | 93.17 € | |
| Men's Leather Business Shoes | 125.00 € | |
Rent Per Month | Edit |
|
| 1 Bedroom Apartment in City Centre | 1,208.89 € | |
| 1 Bedroom Apartment Outside of City Centre | 907.33 € | |
| 3 Bedroom Apartment in City Centre | 1,856.25 € | |
| 3 Bedroom Apartment Outside of City Centre | 1,466.25 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 560.96 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 315.13 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,805.77 € | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 3.02 | |
Prices in Palma de Mallorca
This city had 220 entries in the past 12 months by 18 different contributors.
Last update: 25 January 2026
Last update: 25 January 2026
Sources and References
Moving to Palma de Mallorca? Explore:
Distribution of Expenses Using Our Statistical Model:
Nearby Cities:| Cost of Living in Pollença | 35.92 miles |
| Cost of Living in Ibiza | 84.48 miles |
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Salary Calculator:Got a job offer in Palma de Mallorca? Estimate your take-home pay with our Salary Calculator for Palma de Mallorca.
Moreover, lately foreigners are not very welcome anymore.
My husband & I have two amazing young boys, currently following an English (UK) Cambridge system & have Spanish as a 2nd language as being half Spanish. We’d like to know they the quality of school systems there & if there are predominantly English/ Internationally recognized schools for them to school in.
Requirements of schools can range from mid to high quality.
Probably depends on the quality you expect, I expect good.
If you really want to know if you can afford to live there happily, I recommend going on vacation and see for your self.
Could be a lot cheaper if you plan to make food yourself but that's a poor retirement. Better invest money and retire when you can afford better.
Cheers!