Cost of Living in Palma de Mallorca

Summary about cost of living in Palma de Mallorca, Spain:

Restaurants
[ Edit ] Range
Meal, Inexpensive Restaurant 15.00 € 8.00-25.00
Meal for 2 People, Mid-range Restaurant, Three-course 47.50 € 35.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 € 7.00-9.90
Domestic Beer (1 pint draught) 2.50 € 2.00-3.00
Imported Beer (12 oz small bottle) 3.00 € 1.50-4.00
Cappuccino (regular) 2.07 € 1.50-3.00
Coke/Pepsi (12 oz small bottle) 1.89 € 1.50-2.50
Water (12 oz small bottle) 1.58 € 1.00-2.00
Markets
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Milk (regular), (1 gallon) 3.18 € 2.27-3.79
Loaf of Fresh White Bread (1 lb) 1.08 € 0.73-1.70
Rice (white), (1 lb) 0.42 € 0.27-0.50
Eggs (regular) (12) 2.15 € 0.80-2.76
Local Cheese (1 lb) 4.12 € 2.27-5.67
Chicken Fillets (1 lb) 2.90 € 1.81-3.74
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.59 € 2.04-7.71
Apples (1 lb) 0.93 € 0.68-1.04
Banana (1 lb) 0.73 € 0.64-0.91
Oranges (1 lb) 0.62 € 0.45-1.81
Tomato (1 lb) 0.71 € 0.45-0.82
Potato (1 lb) 0.45 € 0.32-0.73
Onion (1 lb) 0.49 € 0.36-0.73
Lettuce (1 head) 1.07 € 0.75-1.50
Water (1.5 liter bottle) 0.54 € 0.30-1.00
Bottle of Wine (Mid-Range) 4.00 € 3.00-7.00
Domestic Beer (0.5 liter bottle) 0.73 € 0.40-1.06
Imported Beer (12 oz small bottle) 1.15 € 0.80-1.50
Cigarettes 20 Pack (Marlboro) 5.20 € 5.00-5.68
Transportation
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One-way Ticket (Local Transport) 1.50 € 1.20-2.00
Monthly Pass (Regular Price) 30.00 € 20.00-60.00
Taxi Start (Normal Tariff) 4.00 € 3.00-4.00
Taxi 1 mile (Normal Tariff) 1.61 € 1.42-3.22
Taxi 1hour Waiting (Normal Tariff) 17.70 € 17.00-22.00
Gasoline (1 gallon) 5.22 € 4.28-5.68
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 15,000.00 € 14,600.00-22,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,116.67 € 19,000.00-20,000.00
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 103.47 € 56.67-200.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.19 € 0.10-0.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 43.08 € 35.00-50.00
Sports And Leisure
[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 43.09 € 29.99-60.00
Tennis Court Rent (1 Hour on Weekend) 26.67 € 15.00-40.00
Cinema, International Release, 1 Seat 7.50 € 5.00-8.50
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 358.17 € 219.00-500.00
International Primary School, Yearly for 1 Child 11,800.00 € 8,400.00-18,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 68.75 € 50.00-90.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.00 € 20.00-40.00
1 Pair of Nike Running Shoes (Mid-Range) 63.55 € 50.00-90.00
1 Pair of Men Leather Business Shoes 82.14 € 45.00-100.00
Rent Per Month
[ Edit ]
Apartment (1 bedroom) in City Centre 882.14 € 800.00-1,100.00
Apartment (1 bedroom) Outside of Centre 684.62 € 500.00-800.00
Apartment (3 bedrooms) in City Centre 1,384.62 € 1,100.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,056.15 € 850.00-1,350.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 365.22 € 255.48-557.41
Price per Square Feet to Buy Apartment Outside of Centre 231.09 € 167.22-278.71
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 1,308.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.04 2.00-4.20

Prices in Palma de Mallorca

This city had 589 entries in the past 12 months by 60 different contributors.
Last update: November 2020
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5 Comments so far
Leonard on Sep 05, 2020:
My wife and I are retired and want to live out the rest of our life's in a WARM and SUNNY Beach inviroment..Like Santa Ponsa or Paquera Spain maybe even Palma de'Mallorca . Between the two of us we receive approximately $3.775.00 A mouth in retirement pay.. Would it be doable for the two us to live comfortably please let me know what you think.. Thank you very much.Mr Kozerski
Kaustubha Sen on Nov 23, 2019:
So, if a Master's or PhD student lives there, in total, how much money does he require in a month more or less?
Jurgen Alan on Mar 12, 2019:
Very interesting
Not so different to cape town on some levels..local beer seems cheaper there palma than cape town? Which is a good thing.
On my way
casandra on Jul 17, 2017:
As a retired person considering living in Mallorca it would be very appreciated if there is any reference of costs for medical insurance, costs of medicine etc.
thank you
Fritz laguerre on May 15, 2017:
Hi! I'm a retired ,I would like to know what is my possibility to live in la palma Mallorca,what is going to cost me .