Cost of Living in Palma de Mallorca

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 14.05 $ 12.97-21.62
Meal for 2 People, Mid-range Restaurant, Three-course 54.04 $ 43.24-75.66
McMeal at McDonalds (or Equivalent Combo Meal) 11.89 $ 10.81-12.97
Domestic Beer (1 pint draught) 3.24 $ 2.59-5.40
Imported Beer (12 oz small bottle) 4.32 $ 3.24-5.40
Cappuccino (regular) 2.92 $ 1.62-3.78
Coke/Pepsi (12 oz small bottle) 2.86 $ 2.16-3.24
Water (12 oz small bottle) 2.49 $ 1.95-3.24
Markets
Edit
Milk (regular), (1 gallon) 4.02 $ 3.68-4.30
Loaf of Fresh White Bread (1 lb) 1.35 $ 0.74-2.56
Rice (white), (1 lb) 0.83 $ 0.49-0.98
Eggs (regular) (12) 3.01 $ 1.30-4.32
Local Cheese (1 lb) 6.50 $ 3.47-6.86
Chicken Fillets (1 lb) 3.75 $ 1.96-4.41
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.83 $ 4.90-8.09
Apples (1 lb) 0.87 $ 0.64-0.98
Banana (1 lb) 0.97 $ 0.71-1.23
Oranges (1 lb) 0.77 $ 0.56-0.88
Tomato (1 lb) 1.26 $ 0.93-1.47
Potato (1 lb) 0.70 $ 0.49-1.23
Onion (1 lb) 0.92 $ 0.49-0.98
Lettuce (1 head) 1.13 $ 0.92-2.16
Water (1.5 liter bottle) 0.67 $ 0.43-0.97
Bottle of Wine (Mid-Range) 6.49 $ 4.86-8.65
Domestic Beer (0.5 liter bottle) 0.95 $ 0.76-1.08
Imported Beer (12 oz small bottle) 1.66 $ 1.19-2.16
Cigarettes 20 Pack (Marlboro) 5.94 $ 5.40-6.49
Transportation
Edit
One-way Ticket (Local Transport) 2.16 $ 0.00-2.16
Monthly Pass (Regular Price) 39.99 $ 30.27-43.24
Taxi Start (Normal Tariff) 4.70 $ 4.32-5.40
Taxi 1 mile (Normal Tariff) 5.22 $ 3.48-5.22
Taxi 1hour Waiting (Normal Tariff) 23.13 $ 10.81-43.24
Gasoline (1 gallon) 6.88 $ 6.26-8.88
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,064.03 $ 27,022.35-36,064.03
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,130.79 $ 21,617.88-25,941.46
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 208.61 $ 129.71-270.22
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.62 $ 16.21-21.62
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.91 $ 32.43-54.04
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 54.99 $ 43.24-81.07
Tennis Court Rent (1 Hour on Weekend) 18.92 $ 16.21-20.54
Cinema, International Release, 1 Seat 8.92 $ 8.11-9.73
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 666.55 $ 432.36-900.75
International Primary School, Yearly for 1 Child 11,646.63 $ 7,133.90-19,456.09
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 85.39 $ 64.85-97.28
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.84 $ 32.43-54.04
1 Pair of Nike Running Shoes (Mid-Range) 80.14 $ 64.85-91.88
1 Pair of Men Leather Business Shoes 108.86 $ 75.66-162.13
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,116.92 $ 972.80-1,297.07
Apartment (1 bedroom) Outside of Centre 918.76 $ 810.67-1,080.89
Apartment (3 bedrooms) in City Centre 1,810.50 $ 1,621.34-2,053.70
Apartment (3 bedrooms) Outside of Centre 1,490.09 $ 1,297.07-1,729.43
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 429.28 $ 401.67-753.13
Price per Square Feet to Buy Apartment Outside of Centre 266.11 $ 200.84-401.67
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,692.27 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 2.00-4.50

Prices in Palma de Mallorca

This city had 372 entries in the past 12 months by 40 different contributors.
Last update: February 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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6 Comments so far
HaChris on Jan 25, 2024:
If the rental of 1-bedroom apartment is 975.00 and salary average 1.565, how can reantal only be 30% in your distribution of expences?
Tony on Nov 18, 2022:
Cost of living in Mallorca much higher than you print
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