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 3,392.8$ (2,913.8€), excluding rent (using our estimator).
  • The estimated monthly costs for a single person are 965.4$ (829.1€), excluding rent.
  • Palma de Mallorca is 35.8% less expensive than Seattle (excluding rent, see our cost of living index).
  • Rent in Palma de Mallorca is, on average, 47.4% lower than in Seattle.
Restaurants
Edit Range
Meal at an Inexpensive Restaurant 17.47 $ 11.64-29.11
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) 69.86 $ 58.22-104.80
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) 13.97 $ 11.64-15.14
Domestic Draft Beer (1 Pint) 4.66 $ 3.49-6.52
Imported Beer (12 oz Small Bottle) 4.66 $ 2.91-6.99
Cappuccino (Regular Size) 3.30 $ 1.51-5.24
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) 2.95 $ 1.75-3.49
Bottled Water (12 oz) 2.91 $ 2.33-3.49
Markets
Edit
Milk (Regular, 1 Liter) 1.34 $ 1.04-1.96
Fresh White Bread (1 lb Loaf) 1.24 $ 0.51-2.01
White Rice (1 lb) 0.75 $ 0.58-1.16
Eggs (12, Large Size) 3.44 $ 2.56-4.66
Local Cheese (1 lb) 7.39 $ 3.17-10.56
Chicken Fillets (1 lb) 4.13 $ 2.90-5.28
Beef Round or Equivalent Back Leg Red Meat (1 lb) 7.24 $ 5.42-7.92
Apples (1 lb) 1.21 $ 0.69-1.58
Bananas (1 lb) 0.85 $ 0.71-2.64
Oranges (1 lb) 0.85 $ 0.53-1.06
Tomatoes (1 lb) 1.33 $ 0.95-2.27
Potatoes (1 lb) 0.82 $ 0.42-1.00
Onions (1 lb) 0.98 $ 0.74-1.32
Lettuce (1 Head) 1.32 $ 1.16-1.40
Bottled Water (50 oz) 0.70 $ 0.58-0.82
Bottle of Wine (Mid-Range) 6.40 $ 4.42-15.14
Domestic Beer (16.9 oz Bottle) 1.34 $ 0.99-1.75
Imported Beer (12 oz Small Bottle) 1.81 $ 1.16-2.33
Cigarettes (Pack of 20, Marlboro) 6.99 $ 6.40-8.15
Transportation
Edit
One-Way Ticket (Local Transport) 2.33 $ 2.33-2.33
Monthly Public Transport Pass (Regular Price) 43.67 $ 0.00-46.58
Taxi Start (Standard Tariff) 5.01 $ 3.49-5.71
Taxi 1 mile (Standard Tariff) 2.44 $ 1.87-5.62
Taxi 1 Hour Waiting (Standard Tariff) 24.10 $ 11.64-32.60
Gasoline (1 Liter) 1.80 $ 1.72-1.98
Volkswagen Golf 1.5 (or Equivalent New Compact Car) 36,678.62 $ 36,678.62-38,850.22
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) 33,534.74 $ 30,274.41-37,260.82
Utilities (Monthly)
Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) 251.07 $ 160.83-349.32
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) 17.47 $ 11.64-23.29
Broadband Internet (Unlimited Data, 60 Mbps or Higher) 41.72 $ 29.11-69.86
Sports And Leisure
Edit
Monthly Fitness Club Membership 58.55 $ 41.92-81.51
Tennis Court Rental (1 Hour, Weekend) 22.12 $ 20.96-23.29
Cinema Ticket (International Release) 9.90 $ 9.32-17.47
Childcare
Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child 716.43 $ 407.54-970.33
International Primary School, Annual Tuition per Child 11,789.56 $ 8,267.24-15,835.85
Clothing And Shoes
Edit
Jeans (Levi's 501 or Similar) 93.15 $ 23.29-145.55
Summer Dress in a Chain Store (e.g. Zara or H&M) 65.21 $ 20.96-163.02
Nike Running Shoes (Mid-Range) 109.45 $ 81.51-139.73
Men's Leather Business Shoes 133.91 $ 58.22-174.66
Rent Per Month
Edit
1 Bedroom Apartment in City Centre 1,390.49 $ 1,106.18-1,746.60
1 Bedroom Apartment Outside of City Centre 1,065.53 $ 931.52-1,251.73
3 Bedroom Apartment in City Centre 2,241.47 $ 1,630.16-2,911.00
3 Bedroom Apartment Outside of City Centre 1,789.30 $ 1,513.72-2,561.68
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 653.18 $ 540.88-705.30
Price per Square Feet to Buy Apartment Outside of Centre 366.94 $ 327.77-540.88
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,051.78 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.36 2.50-4.50

Prices in Palma de Mallorca

This city had 447 entries in the past 12 months by 41 different contributors.
Last update: 6 December 2025
Sources and References
Distribution of Expenses Using Our Statistical Model:
Nearby Cities:
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7 Comments so far
Hans on Jul 02, 2024:
Mallorca is much more expensive than this.

Moreover, lately foreigners are not very welcome anymore.
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