Cost of Living in Palma de Mallorca
Summary of cost of living in Palma de Mallorca, Spain:
- The estimated monthly costs for a family of four are 3,146.3$ (2,818.7€), excluding rent (using our estimator).
- The estimated monthly costs for a single person are 910.5$ (815.7€), excluding rent.
- Palma de Mallorca is 46.4% less expensive than New York (excluding rent, see our cost of living index).
- Rent in Palma de Mallorca is, on average, 71.8% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 16.19 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60.92 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 13.39 $ | |
| Domestic Beer (1 pint draught) | 4.46 $ | |
| Imported Beer (12 oz small bottle) | 4.46 $ | |
| Cappuccino (regular) | 3.40 $ | |
| Coke/Pepsi (12 oz small bottle) | 2.84 $ | |
| Water (12 oz small bottle) | 2.83 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 4.58 $ | |
| Loaf of Fresh White Bread (1 lb) | 1.31 $ | |
| Rice (white), (1 lb) | 0.71 $ | |
| Eggs (regular) (12) | 2.88 $ | |
| Local Cheese (1 lb) | 6.08 $ | |
| Chicken Fillets (1 lb) | 3.80 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.74 $ | |
| Apples (1 lb) | 0.92 $ | |
| Banana (1 lb) | 0.82 $ | |
| Oranges (1 lb) | 0.75 $ | |
| Tomato (1 lb) | 1.21 $ | |
| Potato (1 lb) | 0.67 $ | |
| Onion (1 lb) | 0.90 $ | |
| Lettuce (1 head) | 1.25 $ | |
| Water (1.5 liter bottle) | 0.64 $ | |
| Bottle of Wine (Mid-Range) | 8.93 $ | |
| Domestic Beer (0.5 liter bottle) | 1.21 $ | |
| Imported Beer (12 oz small bottle) | 1.78 $ | |
| Cigarettes 20 Pack (Marlboro) | 6.42 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.23 $ | |
| Monthly Pass (Regular Price) | 41.86 $ | |
| Taxi Start (Normal Tariff) | 5.02 $ | |
| Taxi 1 mile (Normal Tariff) | 5.39 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 23.11 $ | |
| Gasoline (1 gallon) | 6.61 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 37,242.25 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 28,351.66 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 227.04 $ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 21.82 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 38.51 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 57.72 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 20.93 $ | |
| Cinema, International Release, 1 Seat | 9.77 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 688.33 $ | |
| International Primary School, Yearly for 1 Child | 11,999.23 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 92.65 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 59.16 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 83.27 $ | |
| 1 Pair of Men Leather Business Shoes | 103.58 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,257.88 $ | |
| Apartment (1 bedroom) Outside of Centre | 991.71 $ | |
| Apartment (3 bedrooms) in City Centre | 1,987.71 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,614.21 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 525.40 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 337.02 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,748.72 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.53 |
Prices in Palma de Mallorca
This city had 291 entries in the past 12 months by 32 different contributors.
Last update: May 2025
Last update: May 2025
Sources and References
Moving to Palma de Mallorca? Explore:
Distribution of Expenses Using Our Statistical Model:
Nearby Cities:| Cost of Living in Pollença | 35.92 miles |
| Cost of Living in Ibiza | 84.48 miles |
This Page in Other Languages:
Moreover, lately foreigners are not very welcome anymore.
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!