Cost of Living in Palma de Mallorca

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 15.22 $ 13.05-21.75
Meal for 2 People, Mid-range Restaurant, Three-course 54.36 $ 43.49-70.67
McMeal at McDonalds (or Equivalent Combo Meal) 13.05 $ 10.87-13.05
Domestic Beer (1 pint draught) 3.53 $ 2.61-5.44
Imported Beer (12 oz small bottle) 4.35 $ 3.81-5.44
Cappuccino (regular) 3.14 $ 2.17-3.81
Coke/Pepsi (12 oz small bottle) 2.95 $ 2.39-3.26
Water (12 oz small bottle) 2.46 $ 1.96-3.26
Markets
Edit
Milk (regular), (1 gallon) 4.10 $ 3.70-4.53
Loaf of Fresh White Bread (1 lb) 1.42 $ 0.74-2.57
Rice (white), (1 lb) 0.74 $ 0.49-0.99
Eggs (regular) (12) 3.00 $ 1.30-4.35
Local Cheese (1 lb) 6.49 $ 3.49-7.89
Chicken Fillets (1 lb) 3.95 $ 2.71-4.43
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.57 $ 4.93-8.14
Apples (1 lb) 0.88 $ 0.64-1.01
Banana (1 lb) 0.87 $ 0.72-1.23
Oranges (1 lb) 0.73 $ 0.49-0.89
Tomato (1 lb) 1.19 $ 0.89-1.48
Potato (1 lb) 0.74 $ 0.39-0.94
Onion (1 lb) 0.85 $ 0.49-0.99
Lettuce (1 head) 1.22 $ 0.92-2.17
Water (1.5 liter bottle) 0.64 $ 0.43-0.76
Bottle of Wine (Mid-Range) 7.61 $ 5.44-9.79
Domestic Beer (0.5 liter bottle) 1.10 $ 0.92-1.30
Imported Beer (12 oz small bottle) 1.73 $ 1.09-2.17
Cigarettes 20 Pack (Marlboro) 5.98 $ 5.98-7.61
Transportation
Edit
One-way Ticket (Local Transport) 2.17 $ 0.00-2.17
Monthly Pass (Regular Price) 41.32 $ 0.00-97.85
Taxi Start (Normal Tariff) 4.73 $ 4.35-5.44
Taxi 1 mile (Normal Tariff) 5.25 $ 2.45-5.25
Taxi 1hour Waiting (Normal Tariff) 22.51 $ 10.87-43.49
Gasoline (1 gallon) 6.83 $ 6.30-8.23
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,276.12 $ 30,443.02-36,276.12
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,278.58 $ 25,006.77-28,268.52
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 234.00 $ 150.18-271.81
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.75 $ 16.31-21.75
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 39.25 $ 32.62-76.11
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 57.30 $ 39.14-81.54
Tennis Court Rent (1 Hour on Weekend) 19.84 $ 19.57-20.66
Cinema, International Release, 1 Seat 8.97 $ 8.15-9.79
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 670.47 $ 434.90-906.04
International Primary School, Yearly for 1 Child 13,182.92 $ 13,047.01-13,590.63
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 91.51 $ 86.98-97.85
1 Summer Dress in a Chain Store (Zara, H&M, ...) 58.89 $ 43.49-76.11
1 Pair of Nike Running Shoes (Mid-Range) 84.67 $ 54.36-97.85
1 Pair of Men Leather Business Shoes 98.53 $ 64.15-163.09
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,087.25 $ 978.53-1,304.70
Apartment (1 bedroom) Outside of Centre 929.60 $ 815.44-1,087.25
Apartment (3 bedrooms) in City Centre 1,732.81 $ 1,522.15-2,065.78
Apartment (3 bedrooms) Outside of Centre 1,479.87 $ 1,304.70-1,739.60
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 496.38 $ 404.03-656.55
Price per Square Feet to Buy Apartment Outside of Centre 314.81 $ 202.02-404.03
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,610.49 $
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 507 entries in the past 12 months by 44 different contributors.
Last update: July 2024
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