Cost of Living in Palma de Mallorca

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 14.80 $ 12.68-21.14
Meal for 2 People, Mid-range Restaurant, Three-course 52.85 $ 42.28-68.71
McMeal at McDonalds (or Equivalent Combo Meal) 12.68 $ 10.57-12.68
Domestic Beer (1 pint draught) 4.23 $ 2.54-5.29
Imported Beer (12 oz small bottle) 4.23 $ 2.64-5.29
Cappuccino (regular) 3.13 $ 2.11-3.70
Coke/Pepsi (12 oz small bottle) 2.81 $ 2.11-3.17
Water (12 oz small bottle) 2.48 $ 1.90-3.17
Markets
Edit
Milk (regular), (1 gallon) 3.98 $ 3.60-5.20
Loaf of Fresh White Bread (1 lb) 1.29 $ 0.72-2.50
Rice (white), (1 lb) 0.67 $ 0.38-1.05
Eggs (regular) (12) 2.93 $ 1.27-4.23
Local Cheese (1 lb) 6.31 $ 3.40-7.67
Chicken Fillets (1 lb) 3.87 $ 2.64-4.31
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.39 $ 4.79-7.91
Apples (1 lb) 0.85 $ 0.62-0.98
Banana (1 lb) 0.89 $ 0.70-1.20
Oranges (1 lb) 0.71 $ 0.48-0.86
Tomato (1 lb) 1.16 $ 0.86-1.44
Potato (1 lb) 0.64 $ 0.38-0.91
Onion (1 lb) 0.85 $ 0.48-1.44
Lettuce (1 head) 1.18 $ 0.90-2.11
Water (1.5 liter bottle) 0.60 $ 0.42-0.74
Bottle of Wine (Mid-Range) 8.46 $ 5.29-10.57
Domestic Beer (0.5 liter bottle) 1.07 $ 0.74-2.11
Imported Beer (12 oz small bottle) 1.68 $ 1.06-2.11
Cigarettes 20 Pack (Marlboro) 6.08 $ 5.81-7.93
Transportation
Edit
One-way Ticket (Local Transport) 2.11 $ 0.00-2.11
Monthly Pass (Regular Price) 40.17 $ 0.00-95.13
Taxi Start (Normal Tariff) 4.76 $ 4.23-5.29
Taxi 1 mile (Normal Tariff) 5.10 $ 2.38-5.10
Taxi 1hour Waiting (Normal Tariff) 21.88 $ 10.57-42.28
Gasoline (1 gallon) 6.57 $ 6.12-7.20
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,268.47 $ 30,654.45-35,268.47
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,576.41 $ 24,312.15-27,483.30
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 221.53 $ 146.01-264.26
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.14 $ 12.68-21.14
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.11 $ 31.71-73.99
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 53.09 $ 38.05-73.99
Tennis Court Rent (1 Hour on Weekend) 19.82 $ 19.03-20.08
Cinema, International Release, 1 Seat 8.98 $ 7.93-9.51
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 651.85 $ 422.82-880.88
International Primary School, Yearly for 1 Child 11,363.29 $ 7,399.35-13,213.13
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 87.74 $ 52.85-95.13
1 Summer Dress in a Chain Store (Zara, H&M, ...) 56.02 $ 37.00-73.99
1 Pair of Nike Running Shoes (Mid-Range) 82.45 $ 73.99-95.13
1 Pair of Men Leather Business Shoes 99.54 $ 62.37-158.56
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,146.49 $ 951.35-1,479.87
Apartment (1 bedroom) Outside of Centre 922.89 $ 792.79-1,057.05
Apartment (3 bedrooms) in City Centre 1,802.27 $ 1,479.87-2,642.63
Apartment (3 bedrooms) Outside of Centre 1,484.27 $ 1,268.46-1,902.69
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 471.37 $ 392.81-638.32
Price per Square Feet to Buy Apartment Outside of Centre 279.88 $ 196.40-392.81
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,691.28 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.51 3.00-3.70

Prices in Palma de Mallorca

This city had 552 entries in the past 12 months by 54 different contributors.
Last update: October 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