Cost of Living in Palma de Mallorca
Summary of cost of living in Palma de Mallorca, Spain:
- A family of four estimated monthly costs are 2,796.2$ (2,610.0€) without rent (using our estimator).
- A single person estimated monthly costs are 812.6$ (758.5€) without rent.
- Palma de Mallorca is 43.0% less expensive than New York (without rent, see our cost of living index).
- Rent in Palma de Mallorca is, on average, 75.9% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 12.25 € | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 50.00 € | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.50 € | |
| Domestic Beer (1 pint draught) | 3.00 € | |
| Imported Beer (12 oz small bottle) | 3.50 € | |
| Cappuccino (regular) | 2.19 € | |
| Coke/Pepsi (12 oz small bottle) | 2.36 € | |
| Water (12 oz small bottle) | 1.71 € | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 3.63 € | |
| Loaf of Fresh White Bread (1 lb) | 0.96 € | |
| Rice (white), (1 lb) | 0.76 € | |
| Eggs (regular) (12) | 2.34 € | |
| Local Cheese (1 lb) | 5.34 € | |
| Chicken Fillets (1 lb) | 3.18 € | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 5.27 € | |
| Apples (1 lb) | 0.80 € | |
| Banana (1 lb) | 0.98 € | |
| Oranges (1 lb) | 0.77 € | |
| Tomato (1 lb) | 1.06 € | |
| Potato (1 lb) | 0.56 € | |
| Onion (1 lb) | 0.66 € | |
| Lettuce (1 head) | 1.10 € | |
| Water (1.5 liter bottle) | 0.69 € | |
| Bottle of Wine (Mid-Range) | 6.00 € | |
| Domestic Beer (0.5 liter bottle) | 0.87 € | |
| Imported Beer (12 oz small bottle) | 1.49 € | |
| Cigarettes 20 Pack (Marlboro) | 5.25 € | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.00 € | |
| Monthly Pass (Regular Price) | 37.00 € | |
| Taxi Start (Normal Tariff) | 3.50 € | |
| Taxi 1 mile (Normal Tariff) | 2.68 € | |
| Taxi 1hour Waiting (Normal Tariff) | 22.00 € | |
| Gasoline (1 gallon) | 6.41 € | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 19,000.00 € | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 21,750.00 € | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 188.93 € | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.35 € | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 38.62 € | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 58.14 € | |
| Tennis Court Rent (1 Hour on Weekend) | 16.25 € | |
| Cinema, International Release, 1 Seat | 8.00 € | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 376.00 € | |
| International Primary School, Yearly for 1 Child | 12,200.00 € | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 76.80 € | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 42.00 € | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 70.83 € | |
| 1 Pair of Men Leather Business Shoes | 97.50 € | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 850.00 € | |
| Apartment (1 bedroom) Outside of Centre | 687.50 € | |
| Apartment (3 bedrooms) in City Centre | 1,343.75 € | |
| Apartment (3 bedrooms) Outside of Centre | 1,106.25 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 401.03 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 238.45 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,589.29 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.80 |
Prices in Palma de Mallorca
This city had 316 entries in the past 12 months by 33 different contributors.
Last update: May 2023
Last update: May 2023
Sources and References
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Distribution of Expenses Using Our Statistical Model:
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Nearby cities:| Cost of Living in Pollença | 35.92 miles |
| Cost of Living in Ibiza | 84.48 miles |
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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!