Cost of Living in Palma de Mallorca
Summary about cost of living in Palma de Mallorca, Spain:
- Family of four estimated monthly costs are 2,454.17$ (2,347.71€) without rent (using our estimator).
- A single person estimated monthly costs are 690.67$ (660.71€) without rent.
- Palma de Mallorca is 49.25% less expensive than New York (without rent, see our cost of living index).
- Rent in Palma de Mallorca is, on average, 74.31% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 12.00 € | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 50.00 € | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 € | |
| Domestic Beer (1 pint draught) | 2.50 € | |
| Imported Beer (12 oz small bottle) | 3.00 € | |
| Cappuccino (regular) | 2.19 € | |
| Coke/Pepsi (12 oz small bottle) | 1.88 € | |
| Water (12 oz small bottle) | 1.44 € | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 3.19 € | |
| Loaf of Fresh White Bread (1 lb) | 0.83 € | |
| Rice (white), (1 lb) | 0.80 € | |
| Eggs (regular) (12) | 2.31 € | |
| Local Cheese (1 lb) | 4.16 € | |
| Chicken Fillets (1 lb) | 2.59 € | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.65 € | |
| Apples (1 lb) | 0.92 € | |
| Banana (1 lb) | 0.84 € | |
| Oranges (1 lb) | 0.74 € | |
| Tomato (1 lb) | 0.74 € | |
| Potato (1 lb) | 0.51 € | |
| Onion (1 lb) | 0.56 € | |
| Lettuce (1 head) | 1.25 € | |
| Water (1.5 liter bottle) | 0.77 € | |
| Bottle of Wine (Mid-Range) | 4.75 € | |
| Domestic Beer (0.5 liter bottle) | 0.88 € | |
| Imported Beer (12 oz small bottle) | 1.22 € | |
| Cigarettes 20 Pack (Marlboro) | 5.10 € | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.00 € | |
| Monthly Pass (Regular Price) | 37.00 € | |
| Taxi Start (Normal Tariff) | 4.00 € | |
| Taxi 1 mile (Normal Tariff) | 1.57 € | |
| Taxi 1hour Waiting (Normal Tariff) | 17.70 € | |
| Gasoline (1 gallon) | 5.96 € | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 18,000.00 € | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 21,783.33 € | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 118.94 € | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.15 € | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 41.88 € | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 46.12 € | |
| Tennis Court Rent (1 Hour on Weekend) | 21.75 € | |
| Cinema, International Release, 1 Seat | 7.00 € | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 368.57 € | |
| International Primary School, Yearly for 1 Child | 7,350.00 € | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 68.00 € | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 28.75 € | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 63.00 € | |
| 1 Pair of Men Leather Business Shoes | 90.00 € | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 860.00 € | |
| Apartment (1 bedroom) Outside of Centre | 666.67 € | |
| Apartment (3 bedrooms) in City Centre | 1,400.00 € | |
| Apartment (3 bedrooms) Outside of Centre | 1,116.67 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 411.87 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 233.42 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,562.50 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.55 |
Prices in Palma de Mallorca
This city had 298 entries in the past 12 months by 39 different contributors.
Last update: June 2022
Last update: June 2022
Sources and References
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Moving to Palma de Mallorca? Explore:
Nearby cities:| Cost of Living in Pollença | 35.92 miles |
| Cost of Living in Ibiza | 84.48 miles |
This page in other languages:
DeutschLebenshaltungskosten in Palma de Mallorca
PortuguêsCusto de Vida em Palma de Maiorca
ItalianoCosto della Vita a Palma di Maiorca
FrançaisCoût de la Vie à Palma de Majorque
EspañolCosto de Vida en Palma de 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.
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!
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