Cost of Living in Palma de Mallorca

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 15.93 $ 11.38-22.76
Meal for 2 People, Mid-range Restaurant, Three-course 59.51 $ 45.52-79.66
McMeal at McDonalds (or Equivalent Combo Meal) 13.66 $ 11.38-14.54
Domestic Beer (1 pint draught) 4.55 $ 2.85-5.69
Imported Beer (12 oz small bottle) 4.55 $ 2.85-6.83
Cappuccino (regular) 3.41 $ 2.28-3.98
Coke/Pepsi (12 oz small bottle) 2.90 $ 1.71-3.41
Water (12 oz small bottle) 2.73 $ 2.05-3.41
Markets
Edit
Milk (regular), (1 gallon) 4.67 $ 3.88-7.24
Loaf of Fresh White Bread (1 lb) 1.33 $ 0.50-2.69
Rice (white), (1 lb) 0.72 $ 0.41-1.14
Eggs (regular) (12) 2.94 $ 2.39-4.55
Local Cheese (1 lb) 6.20 $ 3.10-8.26
Chicken Fillets (1 lb) 3.88 $ 2.84-4.51
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.87 $ 5.16-8.52
Apples (1 lb) 0.94 $ 0.67-1.06
Banana (1 lb) 0.84 $ 0.75-1.03
Oranges (1 lb) 0.77 $ 0.52-0.93
Tomato (1 lb) 1.24 $ 0.93-2.22
Potato (1 lb) 0.69 $ 0.41-0.98
Onion (1 lb) 0.92 $ 0.52-1.55
Lettuce (1 head) 1.27 $ 0.97-1.82
Water (1.5 liter bottle) 0.66 $ 0.36-2.28
Bottle of Wine (Mid-Range) 9.10 $ 4.55-19.35
Domestic Beer (0.5 liter bottle) 1.23 $ 0.80-2.28
Imported Beer (12 oz small bottle) 1.81 $ 1.14-2.28
Cigarettes 20 Pack (Marlboro) 6.54 $ 6.26-8.54
Transportation
Edit
One-way Ticket (Local Transport) 2.28 $ 0.00-2.28
Monthly Pass (Regular Price) 42.68 $ 0.00-45.52
Taxi Start (Normal Tariff) 5.12 $ 4.55-5.69
Taxi 1 mile (Normal Tariff) 5.49 $ 2.56-5.49
Taxi 1hour Waiting (Normal Tariff) 23.56 $ 11.38-45.52
Gasoline (1 gallon) 6.73 $ 6.51-7.67
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,970.87 $ 37,970.87-37,970.87
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,906.34 $ 29,589.17-29,589.17
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 231.48 $ 157.19-284.51
Mobile Phone Monthly Plan with Calls and 10GB+ Data 22.24 $ 11.38-22.76
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 39.26 $ 34.14-45.52
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 58.85 $ 40.97-79.66
Tennis Court Rent (1 Hour on Weekend) 21.34 $ 20.48-21.62
Cinema, International Release, 1 Seat 9.96 $ 8.54-17.07
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 701.79 $ 455.22-948.37
International Primary School, Yearly for 1 Child 12,233.98 $ 7,966.31-14,225.56
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 94.46 $ 56.90-102.42
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60.32 $ 39.83-79.66
1 Pair of Nike Running Shoes (Mid-Range) 84.90 $ 56.90-113.80
1 Pair of Men Leather Business Shoes 105.61 $ 56.90-170.71
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,251.85 $ 1,024.24-1,650.17
Apartment (1 bedroom) Outside of Centre 1,000.53 $ 853.53-1,138.04
Apartment (3 bedrooms) in City Centre 1,958.39 $ 1,593.26-2,845.11
Apartment (3 bedrooms) Outside of Centre 1,612.23 $ 1,365.65-2,048.48
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 482.82 $ 370.04-613.22
Price per Square Feet to Buy Apartment Outside of Centre 319.30 $ 211.45-465.20
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,782.94 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.53 3.00-3.70

Prices in Palma de Mallorca

This city had 269 entries in the past 12 months by 30 different contributors.
Last update: April 2025
Sources and References
Distribution of Expenses Using Our Statistical Model:
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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