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 € 9.50-20.00
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 € 30.00-65.00
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 € 7.00-9.90
Domestic Beer (1 pint draught) 2.50 € 1.50-4.00
Imported Beer (12 oz small bottle) 3.00 € 1.59-4.00
Cappuccino (regular) 2.12 € 1.50-4.20
Coke/Pepsi (12 oz small bottle) 1.90 € 1.50-2.50
Water (12 oz small bottle) 1.40 € 1.00-2.00
Markets
Edit
Milk (regular), (1 gallon) 3.30 € 2.61-3.90
Loaf of Fresh White Bread (1 lb) 0.94 € 0.45-1.70
Rice (white), (1 lb) 0.44 € 0.27-0.80
Eggs (regular) (12) 2.05 € 0.80-2.76
Local Cheese (1 lb) 4.86 € 2.27-7.26
Chicken Fillets (1 lb) 2.83 € 1.59-3.63
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.65 € 2.04-5.44
Apples (1 lb) 0.95 € 0.59-1.07
Banana (1 lb) 0.79 € 0.64-1.45
Oranges (1 lb) 0.69 € 0.41-1.81
Tomato (1 lb) 0.79 € 0.45-1.36
Potato (1 lb) 0.45 € 0.32-0.68
Onion (1 lb) 0.50 € 0.32-0.73
Lettuce (1 head) 1.12 € 0.75-1.50
Water (1.5 liter bottle) 0.73 € 0.40-1.00
Bottle of Wine (Mid-Range) 4.73 € 3.95-7.00
Domestic Beer (0.5 liter bottle) 0.70 € 0.40-1.06
Imported Beer (12 oz small bottle) 1.24 € 0.80-1.50
Cigarettes 20 Pack (Marlboro) 5.15 € 5.00-5.68
Transportation
Edit
One-way Ticket (Local Transport) 1.90 € 1.50-2.00
Monthly Pass (Regular Price) 37.00 € 25.00-37.00
Taxi Start (Normal Tariff) 3.50 € 3.00-4.00
Taxi 1 mile (Normal Tariff) 1.57 € 0.80-3.22
Taxi 1hour Waiting (Normal Tariff) 17.70 € 17.00-22.00
Gasoline (1 gallon) 5.19 € 4.28-5.83
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,000.00 € 18,000.00-22,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,783.33 € 20,000.00-21,350.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 114.83 € 55.00-300.00
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) 43.17 € 35.00-50.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 45.30 € 30.00-60.00
Tennis Court Rent (1 Hour on Weekend) 23.75 € 15.00-25.00
Cinema, International Release, 1 Seat 8.00 € 7.00-10.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 371.67 € 300.00-500.00
International Primary School, Yearly for 1 Child 7,350.00 € 5,400.00-18,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 70.00 € 50.00-90.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.57 € 20.00-35.00
1 Pair of Nike Running Shoes (Mid-Range) 62.40 € 50.00-90.00
1 Pair of Men Leather Business Shoes 85.71 € 70.00-100.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 875.00 € 750.00-1,100.00
Apartment (1 bedroom) Outside of Centre 675.00 € 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,380.77 € 1,200.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,064.62 € 800.00-1,350.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 378.24 € 250.84-557.41
Price per Square Feet to Buy Apartment Outside of Centre 240.22 € 185.80-278.71
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,307.69 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.13 2.00-4.20

Prices in Palma de Mallorca

This city had 465 entries in the past 12 months by 47 different contributors.
Last update: June 2021
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7 Comments so far
Anonymous on Jun 13, 2021:
How are the schools in Mallorca
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.
EJW on Jan 10, 2021:
LOL I guess I shouldn't comment on another post but HOW does anyone spend 4000 euros on food for two for 1 week anywhere? Please explain.
Z on Dec 31, 2020:
I was there for a week and paid for food alone 4k Euro, two adults.

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!
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